TEN ANCIENT BILLIONAIRES IN NIGERIA

5. Alhassan Dantata 

Born in Bebeji, Kano Emirate in 1877. He was the progenitor of today’s richest man in Africa, Aliko Dangote. He was a Northern Nigerian trader in groundnuts, kola, cattle, clothes, beads, precious stones, grains, ropes, and he was a merchant of European goods. He supplied large British trading companies with raw materials and also had business interests in the Gold Coast. At the time of his death, he was one of the wealthiest men in West Africa.
Considered the richest man in the British West African colonies, in 1929, Dantata deposited 20-camel-loads of silver coins in the newly opened Kano branch of Bank of West Africa.
As far back as 1918, Dantata had been dealing in groundnuts with the United Kingdom-based Royal Niger Company – later known as the United Africa Company.
He was said to have established, with other businessmen, the Kano Citizens’ Trading Company, established for industrial undertakings and in 1949.
In 1950, Dantata was made a councillor in the Emir of Kano’s council, the first non-royal individual to be so honoured. Born in 1877 in Bebeji, Kano State, he died in 1955. He was said to have lived a modest and religious life.

 

En.wikipedia.org. (2018). Alhassan Dantata. [online] Available at: https://en.wikipedia.org/wiki/Alhassan_Dantata [Accessed 3 Nov. 2018].

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