Alhaji Dahiru Mangal Net Worth
Alhaji Dahiru Barau Mangal is a popular entrepreneur, business tycoon, and political godfather in Katsina state. He founded max air in 2008 and to date remains the Chairman of the Board of Directors. Dahiru Mangal net worth is estimated to be about 1.5 billion dollars making him one of the richest men in northern Nigeria.
Dahiru Mangal Net Worth, Car, Houses, Company and Other Properties
Alhaji Dahiru Mangal net worth is estimated at about $1.5 billion which is equivalent to over a trillion Naira. This includes his companies and other personal properties.
His AFDIN group of companies is estimated at a whopping amount of about $1 billion which is equivalent to over 500 billion naira. This is thanks to the fleet of 10 aeroplanes that he has. An average aeroplane costs 98 million dollars. His construction companies, oil & gas, and others are estimated at about 500 million dollars.
His houses in Abuja and Katsina can be valued at 2 million dollars and all his vehicles are estimated to be at about 1 million dollars.
Early Life
Born Dahiru to the family of Alhaji Barau Mangal and Hajiya Murjanatu in what is known today as Katsina in 1957. Dahiru was raised alongside his siblings; Bashir, Hamza, Zulai, ‘Yar Goje.
Dahiru Mangal like many others had a humble start in life. His lineage is traced back to the late Barau Tukur of Manasawa Quarters of Katsina Metropolitan City. He began schooling at Gafai Primary school ranging from the mid-1960s to the 70s.
He afterward went to the Katsina Arabic Teachers’ College to secure a Higher Islamic Certificate, which he completed in 1976.
Dahiru Mangal Business Career
Mangal (as he’s popularly known) owns several companies within Katsina State and around Nigeria. He is the major shareholder of the AFDIN Group Nigeria Ltd, a holding company that shelters several of his other companies which include Max Air, Masanawa Oil, AFDIN Construction Company, Mangal Oil, Masanawa Enterprises, and others, and is managed individually.
Alhaji Dahiru Barau Mangal began business at a very tender age. Due to his humble beginnings, this meant that he needed to fend for himself quite early. He started work as part of those who offloaded loads from trailers. This was when he first got accustomed to buying and selling.
Mangal slowly had an eye for business and gradually started the trade wholesaling. Alhaji Dahiru’s big breakthrough is reported to have come much later when we began to mingle with the higher Katsina bourgeoisies. He was in close and familiar contact with the then military administrations of Colonel Yahaya Madaki and Navy Captain Emmanuel Acholonu and the civilian administrators during this period were not oblivious to him.
These associations that Dahiru Mangal had, created the opportunities and the solid foundation for his new empire which led him to secure many legitimate business opportunities through contracts that were issued by the government. This created an enormous amount of wealth for Mangal.
Alhaji Dahiru Barau Mangal is a Non-Executive Director at MRS Oil Nigeria Plc, a position he has held since March 2009.
He equally is the Chairman and Chief Executive Officer of Max Air Limited, one of Nigeria’s biggest commercial airlines that operates within and outside the country. He also serves as the Chief Executive Officer of Katsina Dyeing and Printing Textiles Limited.
Mangal also sits on the Board of Massanawa Travel and Tours as an Executive Director, a company that operates to ease the travel processes and logistics of individuals. Dahiru Mangal also held shares at Oando Plc four which he sold in 2021 after a leadership tussle with the founder.
Political Power
Alhaji Dahiru Mangal utilized the wealth he had made to be a politically relevant individual. This followed the massive funding he did to the People’s Democratic Party (PDP) at both the Federal and State and Local levels right from the beginning of the fourth Republic when President Olusegun Obasanjo took over power on 29th May 1999.
Dahiru Barau Mangal is rumoured to have played a great role to influence the election of the late president Umaru Musa Yar’Adua to be the presidential flag bearer of the People’s Democratic Party (PDP) during the 2007 elections.
After the uproar that was caused during the 2007 General elections, in which Yar’Adua was proclaimed not to have won the election, a presidential election tribunal was conducted in which Yar’Adua was cleared, as a result, Mangal purchased a full-page colour in the New Nigerian newspaper to openly display his satisfaction with the result of the tribunal and to congratulate Yar’Adua on the verdict of the tribunal.
Controversy
During Mallam Nuhu Ribadu’s tenure as the Economic and Financial Crimes Commission’s (EFCC) Director-General, he issued an order that warranted the arrest of Dahiru Mangal. This was due to a report on the intensity of his alleged smuggling activities which was detrimental to the nation’s economy.
He is also alleged to have a child outside wedlock.
Dahiru Mangal Personal Life
An obedient son, Dahiru Barau is reported to have never crossed his mother’s commands. He is a devoted Muslim who is reported to constantly feed the needy in his many philanthropical outreaches.
Alhaji Mangal is married and has several children, including Bashir Barau Mangal, who is the CEO of Max Air, and Lawal Barau Mangal, Executive Director at Max Air and Politician. Mangal lost his mother in 2021.
