The richest tribe in Nigeria

Know The Richest Tribe in Nigeria

Which of these tribes is the richest tribe or most wealthy in Nigeria?. This is usually the question in the mind of several Nigerians.

To pinpoint a particular tribe as the richest tribe in Nigeria is a feat. However, in this post, we will draw a conclusion from several criteria that will be listed.

Nigeria is highly populated and to crown it all there are several tribes in it. Although the Igbos, Hausas, and Yorubas are the major tribes in the country, there are still over 300 other tribes in Nigeria.

Every tribe in Nigeria has several rich people in it. But since the debate is which of them has more rich people – or which of the tribes is richer? then delve deep into this post as these questions will be answered.

Criteria for choosing the richest tribe in Nigeria

We can say a tribe is rich if it has produced more rich people than any other tribe. Similarly, we can say a tribe is rich if they influence the politics of a nation.

Having said that here are the criteria:

  • Politics
  • Economy
  • Education

The richest tribes are known for making a major decision in the affairs of Nigeria through the political, educational, and economic sectors.

No tribe has played more roll in influencing the politics, education, and economy of Nigeria as the tribe that will be listed here.

Lastly, irrespective of what you may think this tribe has produced more billionaires than any other tribe in Nigeria, therefore, they can be called the richest tribe.

Author’s Pick:

1.Igbo Tribe

Richest tribe in Nigeria

Credit source: Instagram

This tribe has one of the largest populations in Nigeria. The Igbo people, natively called Ndi Igbo and also spelled as IBO or Eboe, are the third-largest ethnic group in Nigeria and lives chiefly in the southeastern part of Nigeria.

The principal occupation of Igbos is trading. The Igbos are well known for their business acumen all over Nigeria.

They are into Agriculture as well as local crafts such as blacksmith, wood carving, pottery, cloth weaving, carpentry, mask making, etc.

The Igbo’s are well known for making/producing their own goods popularly known by Nigerians as”Aba made”.

In every major market in Nigeria, you are sure to find ten or more Igbo. To mention but a few markets such as Alaba Market where electronics are sold, Idumota spare part Market, Katangowa, Abulegba where they sell majorly second-hand clothes popularly known as “Okirika” etc. These are three major markets in Lagos and 90% of the traders are Ndi Igbo.

When it comes to Agriculture and manufacturing, Coscharis Maduka has the biggest rice farm in Nigeria while Innocent Chukwuma has the first indigenous car assembly plant in Nigeria.

Despite the fact that the Igbos lost their landed properties and couldn’t claim their bank accounts and lost their businesses as a result of the Biafra war which lasted for three years. However, innovation and helping each other out made them rise to become one of the richest tribes in Nigeria within the space of forty years.

They encourage hard work, entrepreneurship, and love among themselves thus, they have the fewest number of people living in abject poverty.

Richest tribe in Nigeria

Credit source: Instagram

Igbo rich list

  • Orji Uzor Kalu.
  • Cosmas Maduka.
  • Tony Elumelu
  • Pascal Dozie.
  • Chief Cletus Ibeto.
  • Tony Ezenna.
  • Leo Stan Ekeh.
  • Sir Emeka Offor.
  • Chief Arthur Eze, etc.

2. Yoruba

Richest tribe in Nigeria

Credit source: Instagram

The Yoruba’s can be classified as the second richest tribe in Nigeria and they dominate the Western and some parts of Northcentral in Nigeria.

They could be said not to be a single group but rather a collection of diverse people bound together by a common language, history, and culture.

The Yoruba’s are into Agriculture; producing food crops for their domestic consumption and for commercial purposes also.

They have large cocoa and cassava farms. The Yoruba’s also enjoy trading. They trade mostly in foodstuffs and clothing.

They are also proved to be the most educated tribe in Nigeria as they encourage education more than any other tribe.

This has made a lot of them highly interested in formal education and as a result, made it possible for them to occupy a lot of top positions in big companies across the country.

They also make up the larger part of the Nigerian population in the UK, whereas the Igbo are found in the U.S hustling. Their love for politics and education made it possible for them to occupy top positions of power and influence. This made them one of the richest tribes in Nigerian.

Credit Source: Instagram

With them being placed in high positions in commerce means they are well connected, therefore they can help each other and keep the money flowing. Some rich Yoruba’s include

  • Mike Adenuga.
  • Jimoh Ibrahim.
  • Femi Otedola.
  • Oba Otudeko.
  • Samuel Adedoyin.
  • Folorunsho Alakija
  • Dele Fajemirokun.
  • Micheal Ade Ojo.
  • Fola Adeola.

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3. Hausa/Fulani

Richest tribe in Nigeria

The third in rank in our list of the richest tribe in Nigeria goes to the Hausa. They are the second-largest tribe in Nigeria. However, this tribe takes first place in the political influence in the country.

The Hausa and Fulani people are found mostly in North-Western Nigeria and adjacent southern Niger.

Although the main occupation of the Hausa people is farming. where they grow crops, raise livestock, as well as engage in trade. However, they are also famous for their tanning and leather works, carvings and textiles.

The Hausa/Fulani are a nomadic tribe meaning, most of their wealth comes from cattle rearing and farming. Apart from political positions, just a few Hausa/Fulani man owns a big company.

The fact that they have been in the corridors of power both in politics and in the military has been able to influence how wealthy they are. In fact, the current president of Nigeria is a Northerner.

Related: The Most Wicked Tribe In Nigeria: All You Need To Know

Just as they are considered one of the richest tribes in Nigeria, they are also considered as one of the poorest as they have the highest level of poverty and illiteracy. Some rich Hausa’s include:

  • Umaru Abdul Mutallab.
  • Alhaji Sayyu Dantata.
  • Mohammed Indimi.
  • Abdulsamad Rabiu.
  • Theophilus Danjuma.
  • Alhaji Aliko Dangote.
  • Alh. Auwalu Abdullahi Rano.


In fact, it can’t be said which of these three tribes is the richest in Nigeria. However, these tribes are richest based on the influence, power, connections and wealth they have amassed.

There is no research in the net worth of any of these tribes as a whole except for their high net worth individuals.

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