Home People Monarchs Emir of Kano: Aminu Ado Bayero Biography & Net Worth (2020)

Emir of Kano: Aminu Ado Bayero Biography & Net Worth (2020)

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Aminu Ado Bayero is the current and 15th Emir of Kano. He hails from the Fulani Sullubawa clan in Kano state. He was coronated on 9th of October, 2020 after Muhammad Sanusi II was dethroned by Abdullahi Ganduje, governor of Kano State.

New Emir of Kano Aminu Ado Bayero
New Emir of Kano Aminu Ado Bayero

Biography of Aminu Ado Bayero

Bayero is the second son of Ado Bayero, the 13th Emir of Kano. He attended Kofar Kudu Primary School and had his secondary education in Government Secondary School, Birnin Kudu. He also attended Bayero University Kano where he studied mass communication. He went to Flying College, Oakland, California in the United States and did his NYSC at the Nigeria Television Authority, Makurdi.

Career

Bayero has many work experiences before he became the Emir of Kano. Before becoming a flight engineer at Kabo Air, Aminu Ado Bayero worked in the public relations department. He was appointed by his father, Ado Bayero to be the Dan Majen Kano and district head of Dala. He was later promoted to Dan Buram Kano in October of the same year.

In 1992, he was promoted to Turakin Kano and to Sarkin Dawakin Tsakar Gida Kano in 2000. He also served as the chairman of the Kano emirate durbar committee. In 2014, the then emir of Kano, Muhammad Sanusi II, promoted him to Wamban Kano, thereby, transferring him from Dala to Kano municipal where he succeeded Galadiman Kano, Alhaji Tijani Hashim as the district head.

Due to the creation of new emirates by the governor of Kano State, Abdullahi Ganduje in 2019, he was appointed emir of Bichi

Coronation

Bayero was crowned 15th Emir of Kano state on 9th, October 2020, after he replaced Muhammad Sanusi II, who was deposed on that same day.

Aminu Ado Bayero Net Worth

Although, the information on the current net worth of Aminu Ado Bayero this 2020 isn’t available. We can’t place a certain figure on the net worth of the 15th Emir of Kano. What we know is that he comes from a rich royal family in Northern Nigeria as his assets, cars and properties gives him the right to be classified among the wealthy.

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Aminu Ado Bayero net worth may be estimated to be $20 million (not verified).

Former Emir of Kano: Lamido Sanusi Biography and Net Worth

Sanusi Lamido Sanusi was born into the Fulani Torodbe (Sullubawa) clan of Kano on 31st October, 1961 in Nigeria. He was also known as Emir Muhammadu Sanusi II after succeeding his late grand uncle Dr Ado Bayero who died on Friday 6 October 2014 as the 14th Emir of Kano on the 8th October 2014. He is also a very wealthy Fulani man which makes his net worth a bit confusing.

Emir of Kano Muhammadu Sanusi II
Former Emir of Kano Muhammadu Sanusi II

Sanusi was a career banker and ranking Fulani nobleman, and also serves as a respected Islamic scholar. He receive two awards, the global award for Central Bank Governor of the Year, as well as for Central Bank Governor of the Year for Africa in the global financial intelligence magazine, the banker, published by the financial times.

Education

He had his West African School Certificate at the prestigious King’s College, Lagos in 1977. He then proceeded to the equally prestigious Ahmadu Bello University, Zaria where he bagged a Bachelor of Science degree in Economics in 1981 and he did the course work for Master of Science degree in Economics with distinction in Monetary Policy in 1983and an instructor at ABU from 1983 to 1985.

He earlier did his National Youth Service in former Gongola State (now Adamawa and Taraba States). Sanusi combines a career in banking with a strong background in intellectualism. He started his working career in 1983, as an academic at Ahmadu Bello University, Zaria where he taught economics.

Banking Career

In 1985, he moved into banking industry as a merchant banker with Icon Limited (Merchant Bankers), a subsidiary of Morgan Guaranty Trust Bank of New York, and Baring Brothers of London. Thereafter, he joined the United Bank for Africa Plc (UBA) in 1997 as a Principal Manager in the Credit and Risk Management Division where he rose to the position of a General Manager. In October 2005, he joined the Board of First Bank of Nigeria PLC as an Executive Director in charge of Risk and Management Control.

He was Governor of the Central Bank of Nigeria, appointed on 3 October 2009 and suspended from office by President Goodluck Jonathan on 20 October 2014 after exposing a $20 billion fraud committed by the presidents’ associates in the Nigerian National Petroleum Company (NNPC).

Governor of the Central Bank of Nigeria

President Umaru Musa Yar’Adua nominated Sanusi as Governor of the Central Bank of Nigeria on 1 October 2009 and his appointment was confirmed by the Senate on 3 October 2009.

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In October 2009, the Sanusi led the Central Bank to “rescue” Afribank, Intercontinental Bank, Union Bank, Oceanic Bank and Finbank by bailing them out with 400 billion naira of public money, and dismissed their chief executives.

The Banker recognized him as the Central Bank Governor of the Year 2010 citing his radical anti-corruption campaign aimed at saving 24 banks on the brink of collapse and pressing for the managers involved in the most blatant cases of corruption to be charged and, in the case of two senior bankers, imprisoned.

Sanusi has spoken at many distinguished events, including Warwick Economics Summit in October 2012 where he spoke about banking reforms in Nigeria and their impact on the economy.

Sharia Authority

Sanusi obtained a degree in Sharia and Islamic Studies from the African International University in Khartoum, Sudan in1997. Sanusi took active part in Sharia law debate.

In October 2002 he published a paper on The Hudhood Punishments in Northern Nigeria: A Muslim Criticism. In October 2003 he presented The Shari’a Debate and the Construction of a ‘Muslim’ Identity in Northern Nigeria: A Critical Perspective at a seminar at the University of Bayreuth. In October 2003 he presented Democracy, Rights and Islam: Theory, Epistemology and the Quest for Synthesis at an international conference on Shari’ah Penal and Family Law in Nigeria and in the Muslim World: A Rights-Based Approach in Abuja.

There are two underlying themes to Sanusi’s position. First, Islam is concerned with delivering justice and should not be a tool for self-seeking political agendas. Second, the Wahhabist rhetoric of fundamentalists is counter to genuine Muslim interests. He explains that Sharia is not divine but merely religious, and is neither uniform nor unchanging.

Lamido Sanusi Net Worth

Not much is known about the net worth of Sanusi Lamido Sanusi. Although, we couldn’t find a particular figure on the net worth of the Emir of Kano, we believe he is one of the richest figures in Northern Nigeria due to his assets, cars and properties scattered both home and abroad.

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Lamido Sanusi net worth may be estimated to be $80 million.

Former Emir of Kano

Sanusi was formally crowned as Emir Muhammadu Sunusi II on the 9th of October, 2014 making him the 14th Emir of Kano and the leader of the Tijaniyya Sufi order, historically the second most important Muslim position in Nigeria after the Sultan of Sokoto who is the leader of the more populous Qadiriyya sufi order.

He need dispute with the Boko Haram alleging them of bombing the Kano Mosque, the seat of his emirate on October 2014 killing 150. The leader of the Nigerian Islamist group Boko Haram, Abubakar Shekau, accused him of deviating from Islam and threatened to kill him in October nevertheless Sanusi urge his followers to fight.

His Royal Highness Aminu Ado Bayero has now been appointed the Emir of Kano. He was the son of the late Emir Ado Bayero, after the dethronement of Muhammadu Sanusi II. This was officially announced in the presence of the Kano Emirate kingmaker and other stakeholders at Kano Government House, Kano.

Dethronment

press release on Sanusi dethronment
Official document showing that Sanusi has been removed as Emir of Kano

On the 9th of October, 2020, Sanusi Lamido was dethroned or removed as the Emir of Kano by the state governor, Dr Abdullahi Ganduje. This was contained in a press release that was put out by the secretary to the state government.

Prolific Writer

As a prolific writer, Sanusi has presented papers at National and International conferences bordering on banking, politics, religion and society. These include:

  • “The New Capital Accord (Basel 2) : The Standardized Approach to Minimum Capital Requirements Under the First Pillar” – 2004
  • “Managing Credit Risk Under Basel 2” – 2004
  • “Bank Lending: Approval Administration & Control” – 2004
  • “The New Capital Accord (Basel 2): Challenges, Opportunities and Threats” – 2004
  • “Managing Risks in the Nigerian Financial Services Industry: An Operator’s Perspective” – 2005
  • “Framework for Sound Risk Management” – 2005
  • “Practical Implementation Challenges for Audit of Risk Management in Emerging Economies” – Hilton Hotel, Kenya – 2006

Sanusi Lamido Sanusi Biography and Net worth Source: Wikipedia

Aminu Ado Bayero Biography and Net worth Source: Wikipedia

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