Abdulfatah Ahmed Biography, Education And Net Worth

Abdulfatah Ahmed is a Nigerian politician banker and formal governor of Kwara State, North Central, Nigeria. He was born on December 29, 1963. In this piece, Nyscinfo takes a look at the biography and net worth of the former two-term governor, who held office between 2015 and 2019.

Childhood And Early Education

On December 29, 1963, Abdulfatah Ahmed was born in Share, Ifelodun Local Government Area, Kwara State. From 1973 until 1978, he was a student at Katsina State’s Government College Funtua. From 1978 to 1980, he attended Kwara State College of Technology in Ilorin, which is now Kwara State Polytechnic. He continued his study at the University of Ilorin, where he graduated in 1992 with an MBA and in 1986 with a BSc in Chemistry.

At the Federal College of Arts and Science, Sokoto in Sokoto State, Abdulfatah Ahmed taught Organic Chemistry lectures before rising to the position of acting department head from 1986 to 1990. From 1991 to 1993, he worked as an assistant manager at District Savings and Loans, Lagos. He also began working for the Guaranty Trust Bank in the Credit and Marketing Unit in 1993. He changed jobs in 1998, becoming Senior Manager/Group Head, Consumer Banking at Societe Generale Bank Nigeria. He then rose to the position of Public Sector Group for the North West.

Career In Politics

Ahmed was named Commissioner for Finance and Economic Development at the start of Abubakar Bukola Saraki’s Kwara State Administration (2003–2009). After that, the newly established Ministry of Planning and Economic Development named him as Commissioner. Ahmed also served as the chairman of the budget formulation committee and economic team for the state of Kwara during this time, as well as the treasurer for six years of the Nigerian Forum of Commissioners of Finance. He was also named to the board of directors of Shonga Farms Holdings Ltd., the chairman of the MDG Implementation Committee, and the International Aviation College, Ilorin.
Ahmed defeated Alhaji Yekinni Alabi (39 votes) and Chief Bashir Omoloja Bolarinwa (695 votes) in the PDP primary (9 votes). On April 26, 2011, there were elections. Ahmed received 254,969 votes. With 152,580 votes, Dele Belgore of the Action Congress of Nigeria (ACN) came in second.

Defection From APC To PDP

Shortly after his predecessor and Senate President Bukola Saraki announced his defection from the All Progressives Congress (APC), Ahmed announced his exit from the party on July 31, 2018.

Fraud Allegations

Ahmed was detained by Nigerian authorities in December 2020 in relation to his alleged participation in a protracted financial fraud. The Economic and Financial Crimes Commission investigated his wife’s role while doing this. Two billion naira could have been lost to fraud. On May 17, 2021, Ahmed was arrested for the second time by the Economic and Financial Crimes Commission after being questioned for seven hours on around $9 billion that was allegedly misappropriated by the Kwara State government. The money is said to have been plundered while Ahmed served as finance commissioner under the Bukola Saraki administration and as governor.

Ahmed was accused of selling state property to friends at suspiciously low prices by the Judicial Commission of Inquiry on the Sales of Kwara State Government Assets between May 1999 and May 2021, a commission appointed by Kwara State Governor AbdulRahman AbdulRazaq. Ahmed and his predecessor, Bukola Saraki, were both recommended for prosecution. In addition, Saraki and others were charged with mismanaging public resources and selling government properties without authorization outside of the state.

Family Life

Alhaji Ahmed, a devout Muslim, and his Christian wife, Her Excellency Mrs. Omolewa Yetunde Ahmed, have three children together.

Net Worth

Although Abdulfatah Ahmed’s net worth is not presently available online, we will make sure to update this whenever the accurate information becomes accessible.

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