Dauda Lawal is a prominent Nigerian banker and politician who has gained recognition for his contributions to the financial sector of the Nigerian economy.
In this article, we will explore Dauda Lawal net worth, career achievements, personal life, and more.
Quick Facts
| Biography | Details |
| Full Name | Dauda Lawal |
| Gender | Male |
| Date of Birth | September 2, 1965 |
| Age | 57 |
| Parents | Lawal Muhammad Dare and Guru |
| Birth Place | Gusau, Northern Nigeria |
| Nationality | Nigerian |
| Education | B.Sc. in political science from Ahmadu Bello University (1987) |
| M.Sc. in political science/international relations from Ahmadu Bello University (1992) | |
| Ph.D. in business administration from Usmanu Danfodiyo University, Sokoto | |
| Net Worth | $5 million |
| Source of Wealth | Banking industry, entrepreneurial ventures |
What is Dauda Lawal Net Worth and Salary in 2023?
As of June 1, 2023, Dauda Lawal’s net worth is estimated to be approximately $5 million. This impressive figure is a testament to his successful career in the banking industry and his entrepreneurial ventures. Lawal’s financial success can be attributed to his strategic investments and business acumen.
He is an established leader in the Nigerian Banking Industry and is known to be one of the key players in the financial sector of the Nigerian Economy.
Why is Dauda Lawal Famous?
Dauda Lawal gained prominence through his notable achievements in the Nigerian banking industry. Serving as the executive director of Public Sector North of First Bank of Nigeria Plc, Lawal played a crucial role in shaping the financial sector of the Nigerian economy.
His expertise and leadership skills have earned him recognition as one of the key players in the industry.
Dauda Lawal Overview
Early Life
Dauda Lawal was born on September 2, 1965, into a humble family in Gusau, Northern Nigeria. His parents, Lawal Muhammad Dare and Guru, were well-known figures in the textile industry. Despite his modest upbringing, Lawal’s determination and drive propelled him to excel academically and professionally.
Education
Lawal got a B.Sc. in political science from Ahmadu Bello University in 1987. In 1992, he got an M.Sc. in political science/international relations from the same school.
He also has a PhD in business administration from Usmanu Danfodiyo University, Sokoto.
He continued to improve himself by taking classes at top universities, such as the London School of Economics, Harvard Business School, Oxford University Business School, and Massachusetts Institute of Technology.
Career and Awards
Dauda Lawal has had a distinguished career in both banking and politics. He began his professional journey in 1989 as a political education officer with the Agency for Mass Mobilization for Social and Economic Reliance Nigeria.
In the same year, he joined Westex Nigeria Limited as an assistant general manager. His career then took him to the United States, where he served as an assistant consular officer (immigration) and later chief protocol officer at the Embassy of Nigeria in Washington, D.C.
In May 2003, Lawal returned to Nigeria and joined First Bank of Nigeria Plc as a relationship manager in commercial banking. Over the years, he held various senior positions within the bank, including senior manager at the Abuja Area office, business development manager in Abuja, and group head PSG II.
He was also the assistant general manager (business development manager) in Maitama, deputy general manager (business development manager) in Maitama/group head public sector in Abuja.
Between October 2010 and September 2011, Lawal was elevated to the position of executive vice president, public sector North, of First Bank of Nigeria Plc.
In September 2012, he became the executive director, Public Sector North, of First Bank of Nigeria Plc.
Lawal’s achievements in the banking sector were recognized with two FirstBank CEO Merit Awards for Outstanding Performance.
He was known for surpassing his targets regularly and was instrumental in leading reforms in Islamic banking during his tenure as special adviser to Central Bank Governor Sanusi Lamido Sanusi.
Despite losing the race for the position of MD/CEO of First Bank by a single vote in 2014, Lawal continued to make significant contributions to the financial sector.
He co-founded Credent Capital and Advisory Limited with an initial capital base of $500 million, which has since managed over $2 billion for more than 175 clients worldwide.
In addition to his banking career, Lawal has also made his mark in politics. He was elected governor of Zamfara state under the platform of the Peoples Democratic Party (PDP) in the 2023 Nigerian gubernatorial elections, defeating incumbent Governor Bello Matawalle of the APC.
Prior to this, he had aspired to be the flag-bearer of the APC for the Governorship ticket of Zamfara State in the 2019 general elections but lost to Mukhtar Shehu Idris.
Despite this setback, Lawal remained a key player in the political scene, notably sponsoring 90% of all activities of the G8, a coalition of gubernatorial aspirants opposing then-incumbent governor Abdul’aziz Abubakar Yari.
Throughout his career, Lawal has demonstrated a commitment to education and philanthropy. He sponsored 120 Zamfara indigenes to study various degree and master programs at the Iheris University, Togo, through the Dr. Dauda Lawal Foundation.
He also established several businesses in Zamfara State, including the largest block industry in the state, Zam Blocks, and the biggest fertilizer blending company in Northern Nigeria, Zam Agrochemical, to create jobs and reduce unemployment.
Personal Life
While information about Dauda Lawal’s personal life is limited, it is known that he is a devoted family man. He values his privacy and focuses on his professional and philanthropic pursuits.
Social Media Accounts
Dauda Lawal can be found on various social media platforms:
FAQs about Dauda Lawal
What is Dauda Lawal’s ethnicity and nationality?
Dauda Lawal’s ethnicity is not known, and he is a Nigerian national.
What is Dauda Lawal’s educational background?
Lawal graduated from Ahmadu Bello University with a B.Sc. in political science in 1987. He later obtained an M.Sc. in political science/international relations from the same university in 1992. He holds a Ph.D. in business administration from Usmanu Danfodiyo University, Sokoto.
What are Dauda Lawal’s notable achievements?
Dauda Lawal has received several accolades throughout his career, including the FirstBank CEO Merit Award for Outstanding Performance as the “Best Business Development Manager” in 2006 and “The Most Enterprising Staff” in 2009.
Conclusion
In conclusion, Dauda Lawal is a highly successful Nigerian businessman whose net worth reflects his remarkable achievements in the banking and finance industry. With years of experience and expertise, he has established himself as a prominent entrepreneur, making strategic investments that contribute to his financial success.
Dauda Lawal’s net worth continues to grow as he expands his business ventures and solidifies his position in the Nigerian business community. Thank you for reading
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