Meet Dauda Lawal, a prominent figure in Nigeria, born on 2nd September 1965. He wears multiple hats as a banker and a politician, currently serving as the governor of Zamfara state.
Dauda Lawal secured his position in the 2023 Nigerian gubernatorial elections, representing the Peoples Democratic Party (PDP) and defeating the incumbent Governor Bello Matawalle from the APC.
Before stepping into politics, he made a mark in the Nigerian Banking Industry, notably at First Bank of Nigeria Plc, where he held a significant role as the executive director for Public Sector North.
Dauda Lawal took the oath of office as governor on the 29th of May 2023.
Dauda Lawal Dare Biography
Dauda Lawal, born on 2nd September 1965, hails from a modest family renowned in the textile industry in Gusau, Northern Nigeria.
He is the third child of Lawal Muhammad Dare, a revered figure in the textile industry.
In his early years, Dauda was immersed in the rich textile heritage of his family.
During his formative years, he was sent to live with his maternal grandparents in Guga village, Katsina State. It was there that he received his primary education.
Subsequently, he attended Government Secondary School in Kankia for his secondary education, shaping the foundations of his academic journey.
Dauda Lawal received prestigious accolades during his tenure at First Bank. In 2006, he was honored with the FirstBank CEO Merit Award for his exceptional performance as the “Best Business Development Manager.”
Recognizing his continued dedication and contributions, he was further acknowledged as the “Most Enterprising Staff” in 2009.
These awards underscore Lawal’s outstanding achievements and contributions in the field of business development.
Dauda Lawal Dare Wiki
|Real Name||Dauda Lawal|
|Date of birth||2 September 1965|
|Age||58 Years Old|
|State of Origin||Zamfara State|
|Place of birth||Gusau, Zamfara State, Northern Region, Nigeria.|
|Qualifications||BSC, Msc. Political Science (ABU)
PhD. Business Administration (UDUS)
|Net worth||₦100 Billion|
|Last Updated||28th September, 2023|
Dauda Lawal commenced his career in 1989 as a political education officer with the Agency for Mass Mobilization for Social and Economic Reliance Nigeria.
Shortly after, in the same year, he joined Westex Nigeria Limited as an assistant general manager.
Over the years, Lawal’s career took diverse paths, including roles as an assistant consular officer and later chief protocol officer at the Embassy of Nigeria in Washington, D.C., US.
In May 2003, he transitioned to First Bank of Nigeria Plc, initially as a relationship manager in commercial banking.
Through hard work and dedication, he climbed the ranks, serving in various managerial and executive positions.
Notably, Lawal made significant contributions during his time as Executive Vice President, Public Sector North, between 2010 and 2011.
His involvement in reforms during Sanusi Lamido Sanusi’s tenure as Central Bank Governor was instrumental in shaping the landscape of Islamic banking.
Although he narrowly missed securing the position of MD/CEO of First Bank in 2014, Lawal’s resilient spirit led him to co-establish Credent Capital and Advisory Limited with his close associate, Munir Umaru Baba.
Their venture started with an impressive initial capital base of $500 million (approximately N100 billion), managing substantial assets for a diverse client base across the globe.
In recognition of his outstanding contributions, Lawal received an honorary Doctorate degree in Business Administration (DBA) from Usmanu Danfodiyo University, Sokoto.
His achievements were further celebrated when he was honored with the African Achievers Award in 2021 at the prestigious Kensington Palace in London.
Lawal embarked on an academic journey that began at Ahmadu Bello University, where he graduated in 1987 with a B.Sc. in political science. He continued his education at the same institution, earning an M.Sc. in political science/international relations in 1992.
Later, he pursued a Ph.D. in business administration at Usmanu Danfodiyo University in Sokoto.
In his quest for continuous growth and development, Lawal took courses at esteemed institutions such as the London School of Economics, Harvard Business School, Oxford University Business School, and Wharton Business School, among others.
He also expanded his knowledge and expertise by attending programs at prestigious universities in Massachusetts, USA, and London.
Not only is Lawal academically accomplished, but he also holds various professional affiliations, being a Fellow of the Institute of Credit Administration of Nigeria and the Civilian Institute of Democratic Administration of Ghana.
He is also a member of the Institute of Directors and the Institute of Corporate Administration in Nigeria, as well as the African Business Roundtable.
Political Career Highlights
Dauda Lawal made his foray into active politics in the lead-up to the 2019 general elections, seeking the APC gubernatorial ticket for Zamfara State.
He aligned himself with the G8, a coalition of gubernatorial aspirants challenging the then incumbent governor Abdul’aziz Abubakar Yari.
The G8 successfully resisted attempts by Yari to impose his favored candidate during the primary election, ultimately leading to a Supreme Court judgment against the APC.
While Lawal didn’t secure the APC ticket in 2018, he persisted and contested the PDP primary in 2022, emerging as the party’s flag bearer.
In a surprising turn of events during the March 2023 governorship election, Lawal clinched victory, defeating incumbent Bello Matawalle.
This victory marked a significant political upset, considering the PDP had not won a governorship election in Zamfara since 1999.
The Independent National Electoral Commission (INEC) officially declared Lawal as the governor-elect with a total of 377,726 votes, surpassing Matawalle of the APC, who garnered 311,976 votes.
This electoral triumph reshaped Zamfara State’s political landscape, challenging the previous dominance of the ruling party and establishing Lawal as a notable political figure.
Dauda Lawal Dare Net Worth
Dauda Lawal’s net worth is estimated to be around $250 million, which translates to approximately N100 billion in Nigerian Naira.
Notably, he and his close associate, Munir Umar Baba, are recognized for establishing a business with an estimated value exceeding $500 million.
This impressive feat showcases their entrepreneurial prowess and successful ventures in the business world.