To become a successful businesses it doesn’t just happen, it requires a gradual processing. It usually takes a smart business idea being executed by a shrewd businessman for that to come into existence.
We have recorded many businessmen in this country, the likes of Aliko Dangote, Abdulsamad Rabiu and Aminu Dantata are notable businessmen from the northern part of Nigeria who have surmounted these challenges, establishing business empires that are today employing thousands of Nigerians.
Joining the league of astute businessmen from the north is Dahiru Mangal, who was recently conferred with the honor of Commander of the Order of the Niger (CON) by President Muhammadu Buhari for his contribution to the growth of the business sector in Nigeria.
Growing up in Katsina
Born on August 3, 1957, to the family of Alhaji Barau Mangal in Katsina State, Mangal attended Gafai Primary School and finished there in 1971. He proceeded to attain for Higher Islamic Certificate at the Kastina Arabic Teachers College where he graduated in 1976.
Going into business
Like other businessmen Mangal has always had the ambition of becoming a successful businessman, hence his foray into the transportation business. He started out as a truck driver and from then on, bought his vehicles to hire out. In a few years, Mangal was able to establish himself as a reputable businessman, branching into several other businesses across different sectors in Nigeria.
One major advantage for him was his ability to strike friendships with the movers and shakers of the society in Katsina State and across Nigeria. His association with government officials, both military and civilian exposed him to legitimate businesses and benefits of contracts from the government, paving the way for a business conglomerate.
Business ventures
Today, Mangal’s business interests cut across transportation, construction, and oil and gas. In 2006, he founded Max Air (formerly known as Mangal Airlines), a leading Nigerian airline that operates domestic, regional and international flights.
In collaboration with a Chinese firm, Mangal Industries Limited is currently constructing a 3 million metric tons per year cement plant in Kogi State. The project which is slated to be completed in 2024 is put at a total cost of $600 million.
This is what he said about the project. The factory will rely on best available technology for cement production and in line with highest environmental standards.
It is designed to be one of the most sustainable in the sector. Mangal is investing strategically in the West African Cement Industry to enable the Nigerian economy to bridge the huge infrastructure and housing deficit in the largest economy of the region.
Positions served
– Chairman and Chief Executive Officer of Max Air Limited.
– Chairman and Chief Executive Officer of Katsina Dyeing and Printing Textiles Limited.
Until his resignation in November 2017, Mangal functioned as Non-Executive Director of MRS Oil Nigeria Plc
– He is one of the major shareholders in Oando Plc.
– He is a major shareholder of AFDIN Group Nigeria Ltd. He sits on the Board of Massanawa Travel and Tours as an Executive Director.
Philanthropy and personal life
Alhaji Mangal was born into a Muslim home and ever since, he has been a devoted one. His religion strongly commands giving to the needy and this he has imbibed in his philanthropism.
He frequently undertakes philanthropic outreaches across different states in Nigeria, providing scholarships for students, and giving aid to internally displaced persons.Mangal is married and has several children. One of his sons, Lawal Barau Mangal is a politician and serves as Executive Director at Max Air. Bashir, another of Managal’s sons serves as the CEO of Max Air.Mangal’s net worthEven though his official net worth is not ascertained, Mangal is no doubt one of Nigeria’s richest billionaires. NewsWire however estimates Mangal’s net worth to be around $2.2 billion.
