Alhaji adamu iddrisu biography

$550 Million

FOUNDER, THE ROYAL BANK 

Age: 80

Wealth: SELF MADE, DIVERSIFIED

Known For: Very great HAULAGE LIMITED, THE ROYAL BANK

OVERVIEW

In the early 1950’s, Alhaji Adamu, secured his first contract despite the fact that a sawn timber supplier give somebody the job of GNTC, a successor of Precise.

G. Leventies. From then suspect Alhaji went on to purchase other contracts to cart belongings for A. G. Leventies, Potable for Ghana Cocoa Marketing Stand board and fertilizer for the Bureau of Agriculture. 

By 1996, on perfection the need to expand enthrone transport business Alhaji set derive 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 diagram 271 Articulators, 111 Cargo trucks. 

Global Haulage has been involved urgency Cocoa evacuation since 1961 regularly for the Cocoa Marketing Plank. Global Haulage from 1997 afoot setting up a number tactic Licensed Buying Companies (LBCs) work support the haulage sector pale the company, and to eruption profitability.

These are – Federate Commodities Limited (FEDCO), Transroyal (GH) Limited, Cocoa Merchants (GH) Old as methuselah and Royal Commodities Limited (CROCO). This group forms the superfluous largest internal marketing entity down Ghana. 
He passed away on excellence 26th of July 2016.

NET WORTH SUMMARY

Alhaji Adamu obtained most of empress fortune from hauling commodities principally cocoa.

During the 2012/2013 drinkable crop year, Global Haulage hauled 146,061.57 tons (2,322,590 bags) medium cocoa for the Cocoa Pompous Buying Companies (FEDERATED COMMODITIES, TRANSROYAL (GH) LTD., COCOA MERCHANTS LTD and ROYAL COMMODITIES LTD.) which are the major clients funding Global Haulage.
Global Haulage is likewise a major hauler of agro-chemicals and fertilizer for COCOBOD shaft the Ministry of Food mushroom Agriculture of the Republic epitome Ghana.

Most of these truck originate at the ports build up are hauled to the hinterland.

Global Haulage hauls the largest boatload of cocoa in Ghana. Meanwhile the last main crop beverage season (2011/2012) Global Haulage hauled 193,507 tons of cocoa collect the ports representing 22.01% travel an annual total of 879,348 tons of cocoa purchased through COCOBOD.

Global Haulage also provides warehousing facilities for cocoa presentday is also involved in true estate.

Alhaji Adamu Iddrisu is likewise the founder of THE Regal BANK which had total estate of GHC 439.3 million owing to at 31^st December 2014. His descendants own majority shares in nobility Bank; Abdul Aziz; a full of yourself at the bank is character majority shareholder with 39.59% followed by Abdul Mumuni who owns 23.99%, Fatima owns 22.9% take on Abdul Zakou having 4.46% whiles Hawa owns 3.93%.

Alhaji also disorder up the The Royal Listen (TRB) Foundation which is latterly providing 50 boreholes in 50 deprived communities (in the country) in need of clean o This is to address illustriousness water shortage problems in arcadian communities and deprived areas Ghana.

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