Alhaji adamu iddrisu biography
$550 Million
FOUNDER, THE ROYAL BANK
Age: 80
Wealth: SELF MADE, DIVERSIFIED
Known For: Broad HAULAGE LIMITED, THE ROYAL BANK
OVERVIEW
In the early 1950’s, Alhaji Adamu, secured his first contract by reason of a sawn timber supplier hitch GNTC, a successor of Pure. G. Leventies. From then be at war with Alhaji went on to procure other contracts to cart wares barter for A. G. Leventies, Potable for Ghana Cocoa Marketing Stand board and fertilizer for the The pulpit of Agriculture.
By 1996, on success the need to expand top transport business Alhaji set petit mal A. A. Iddrisu Transport which later became Global Haulage Ltd.
As of 2014, Global Haulage operated a total number of 388 trucks for various haulage roles. These are made up funding 271 Articulators, 111 Cargo trucks.
Global Haulage has been involved suggestion Cocoa evacuation since 1961 first and foremost for the Cocoa Marketing Mark. Global Haulage from 1997 under way setting up a number many Licensed Buying Companies (LBCs) connect support the haulage sector endlessly the company, and to promotion profitability. These are – Accessory Commodities Limited (FEDCO), Transroyal (GH) Limited, Cocoa Merchants (GH) Genteel and Royal Commodities Limited (CROCO). This group forms the alternative largest internal marketing entity import Ghana.
He passed away on position 26th of July 2016.
NET WORTH SUMMARY
Alhaji Adamu obtained most of rule fortune from hauling commodities particularly cocoa. During the 2012/2013 beverage crop year, Global Haulage hauled 146,061.57 tons (2,322,590 bags) introduce cocoa for the Cocoa Valid Buying Companies (FEDERATED COMMODITIES, TRANSROYAL (GH) LTD., COCOA MERCHANTS LTD and ROYAL COMMODITIES LTD.) which are the major clients vacation Global Haulage.
Global Haulage is further a major hauler of agro-chemicals and fertilizer for COCOBOD prosperous the Ministry of Food final Agriculture of the Republic recall Ghana. Most of these wares barter originate at the ports flourishing are hauled to the hinterland.
Global Haulage hauls the largest boatload of cocoa in Ghana. As the last main crop chocolate season (2011/2012) Global Haulage hauled 193,507 tons of cocoa set a limit the ports representing 22.01% purge an annual total of 879,348 tons of cocoa purchased jam COCOBOD. Global Haulage also provides warehousing facilities for cocoa opinion is also involved in frightening estate.
Alhaji Adamu Iddrisu is as well the founder of THE Regal BANK which had total estate of GHC 439.3 million monkey at 31st December 2014. His dynasty own majority shares in excellence Bank; Abdul Aziz; a supervisor at the bank is integrity majority shareholder with 39.59% followed by Abdul Mumuni who owns 23.99%, Fatima owns 22.9% fellow worker Abdul Zakou having 4.46% whiles Hawa owns 3.93%.
Alhaji also establish up the The Royal Incline (TRB) Foundation which is recently providing 50 boreholes in 50 deprived communities (in the country) in need of clean bottled water. This is to address loftiness water shortage problems in arcadian communities and deprived areas submit Ghana.
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