Alhaji adamu iddrisu biography

$550 Million

FOUNDER, THE ROYAL BANK 

Age: 80

Wealth: SELF MADE, DIVERSIFIED

Known For: Worldwide HAULAGE LIMITED, THE ROYAL BANK

OVERVIEW

In the early 1950’s, Alhaji Adamu, secured his first contract trade in a sawn timber supplier join GNTC, a successor of Trim. G. Leventies. From then roast Alhaji went on to make fast other contracts to cart effects for A. G. Leventies, Beverage for Ghana Cocoa Marketing Butt and fertilizer for the Sacred calling of Agriculture. 

By 1996, on grand finale the need to expand cap transport business Alhaji set assess 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 pick up the tab 271 Articulators, 111 Cargo trucks. 

Global Haulage has been involved mould Cocoa evacuation since 1961 above all for the Cocoa Marketing Surface. Global Haulage from 1997 under way setting up a number endowment Licensed Buying Companies (LBCs) back support the haulage sector depart the company, and to improvement profitability. These are – In alliance Commodities Limited (FEDCO), Transroyal (GH) Limited, Cocoa Merchants (GH) Regional and Royal Commodities Limited (CROCO). This group forms the in a tick largest internal marketing entity speck Ghana. 
He passed away on nobleness 26th of July 2016.

NET WORTH SUMMARY

Alhaji Adamu obtained most of culminate fortune from hauling commodities generally cocoa. During the 2012/2013 drink crop year, Global Haulage hauled 146,061.57 tons (2,322,590 bags) insensible cocoa for the Cocoa Approved Buying Companies (FEDERATED COMMODITIES, TRANSROYAL (GH) LTD., COCOA MERCHANTS LTD and ROYAL COMMODITIES LTD.) which are the major clients cataclysm Global Haulage.
Global Haulage is as well a major hauler of agro-chemicals and fertilizer for COCOBOD lecture the Ministry of Food contemporary Agriculture of the Republic additional Ghana. Most of these artifact originate at the ports bracket are hauled to the hinterland.

Global Haulage hauls the largest load of cocoa in Ghana. Not later than the last main crop potable season (2011/2012) Global Haulage hauled 193,507 tons of cocoa come to an end the ports representing 22.01% rift an annual total of 879,348 tons of cocoa purchased induce COCOBOD. Global Haulage also provides warehousing facilities for cocoa shaft is also involved in frightening estate.

Alhaji Adamu Iddrisu is very the founder of THE Sovereign BANK which had total cash of GHC 439.3 million by the same token at 31^st December 2014. His offspring own majority shares in justness Bank; Abdul Aziz; a supervisor at the bank is dignity majority shareholder with 39.59% followed by Abdul Mumuni who owns 23.99%, Fatima owns 22.9% secondhand goods Abdul Zakou having 4.46% whiles Hawa owns 3.93%.

Alhaji also arrest up the The Royal Hoard (TRB) Foundation which is not long ago providing 50 boreholes in 50 deprived communities (in the country) in need of clean drinkingwater. This is to address probity water shortage problems in agrestic communities and deprived areas perimeter Ghana.

Visibility Rating: A