{"id":82357,"date":"2023-05-05T11:39:29","date_gmt":"2023-05-05T10:39:29","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=82357"},"modified":"2023-05-05T11:39:32","modified_gmt":"2023-05-05T10:39:32","slug":"sanusi-lamido-sanusis-net-worth","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/sanusi-lamido-sanusis-net-worth\/","title":{"rendered":"Sanusi Lamido Sanusi\u2019s Net Worth"},"content":{"rendered":"

Sanusi Lamido Sanusi’s net worth is estimated at $5 million. He has an extensive career in the banking sector and his place as the Emir of Kano to thank for his wealth. <\/strong><\/p>\n

The 54-year-old Sanusi is often considered one of the richest men in Nigeria and is most famous for being the governor of the Central Bank of Nigeria (CBN) from 2009 to 2014. He has also served as the chief executive officer of First Bank, general manager of UBA; and head of financial services and manager of Icon Limited.<\/p>\n

What is Sanusi Lamido’s Net Worth?<\/strong><\/h2>\n

Sanusi Lamido’s net worth is evaluated to be over $5 million, which is more than 2.3 billion in Naira. With this wealth, it is easy to link the father of 13 among the richest<\/a> and most influential individuals in Nigeria.<\/p>\n

Sanusi, who was born to a royal-class family in Kano, has recorded his wealth through different means from the 1980s.<\/p>\n

In this article, we have calculated Lamido’s net worth, putting into consideration his total available assets; including money, real estate equity, investment plans, and items with clear market value, such as cars, jewelry, etc.<\/p>\n

How Sanusi Lamido Sanusi’s Net Worth Accrued<\/strong><\/h2>\n

The Kano-Born Islamic Religious Leader Began his Career as a Secondary School Teacher<\/strong><\/h3>\n

At the age of 20 in 1981, Sanusi Lamido graduated with a Bachelor’s Degree in Economics from Ahmadu Bello University (ABU) Zaria. This then marked the beginning of his earning through the National Youth Service Corps Scheme (NYSC)<\/a>.<\/p>\n

While his exact earning at the time may be sketchy, Nigeria’s minimum wage at the time was \u20a6300<\/a> in 1981. Since it is known that the Nigerian government often pays Youth Corp members slightly above the country’s minimum wage, it is likely that he received a little more than \u20a6300.<\/p>\n

While this amount may be little in today’s Nigerian money, it has been revealed that at the time, the minimum wage<\/a> was more than $125 dollars as compared to its place of $60 per month in 2021 and even lesser at the time of this writing.<\/p>\n

Judging based on the report that Nigeria’s minimum wage was about $125 at the time Sanusi Lamido served, it is safe to say he earned about \u20a670,000 in today’s money monthly. This is also translated to \u20a6840,000 annually. In his service year, he taught in a girls’ boarding school in Yola, the capital of Adamawa State.<\/p>\n

He worked as a Lecturer from 1983 to 1985<\/strong><\/h3>\n

Following his compulsory service year, Lamido returned to school to obtain his master’s degree in Economics. This was also the time that he lectured in the Economics department of Ahmadu Bello University, Zaria.<\/p>\n

This marked the beginning of his major career earnings, which have contributed to his net worth.<\/p>\n

While his earning at the time is not known, he was certainly a junior lecturer. At the time of this writing, Federal university lecturers at the junior level earned between \u20a6100,000 to \u20a6150,000.<\/p>\n

Sanusi Lamido Started his Banking Career at 24<\/strong><\/h3>\n

Sanusi Lamido Sanusi left his lecturing career to work at a bank in 1985 at the age of 24.\u00a0 His job in the banking sector started with Icon Limited, where he was a merchant banker. He later rose to the positions of head of financial services and manager of the bank’s branch in Kano.<\/p>\n

This career was cut short in 1991 when he was 30, and after, he left a remarkable footing as well as claiming wealth.<\/p>\n

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A post shared by Sanusi Lamido Sanusi (@sanusilamidoofficial)<\/a><\/p>\n<\/div>\n<\/blockquote>\n