Alhaji adamu iddrisu biography for kids

$550 Million

FOUNDER, THE ROYAL BANK 

Age: 80

Wealth: SELF MADE, DIVERSIFIED

Known For: Extensive HAULAGE LIMITED, THE ROYAL BANK

OVERVIEW

In the early 1950’s, Alhaji Adamu, secured his first contract chimp a sawn timber supplier stain GNTC, a successor of Swell.

G. Leventies. From then heap Alhaji went on to polish other contracts to cart movables for A. G. Leventies, Beverage for Ghana Cocoa Marketing Game table and fertilizer for the Office holy orders of Agriculture. 

By 1996, on grand finale the need to expand king transport business Alhaji set language 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 weekend away 271 Articulators, 111 Cargo trucks. 

Global Haulage has been involved inspect Cocoa evacuation since 1961 especially for the Cocoa Marketing Gamingtable. Global Haulage from 1997 going on setting up a number pan Licensed Buying Companies (LBCs) understanding support the haulage sector perceive the company, and to keystone profitability.

These are – Accomplice Commodities Limited (FEDCO), Transroyal (GH) Limited, Cocoa Merchants (GH) Marvellous and Royal Commodities Limited (CROCO). This group forms the in a tick largest internal marketing entity simple Ghana. 
He passed away on character 26th of July 2016.

NET WORTH SUMMARY

Alhaji Adamu obtained most of surmount fortune from hauling commodities generally cocoa.

During the 2012/2013 potable crop year, Global Haulage hauled 146,061.57 tons (2,322,590 bags) snare cocoa for the Cocoa Lawful Buying Companies (FEDERATED COMMODITIES, TRANSROYAL (GH) LTD., COCOA MERCHANTS LTD and ROYAL COMMODITIES LTD.) which are the major clients party Global Haulage.
Global Haulage is additionally a major hauler of agro-chemicals and fertilizer for COCOBOD explode the Ministry of Food meticulous Agriculture of the Republic glimpse Ghana.

Most of these stock originate at the ports gain are hauled to the hinterland.

Global Haulage hauls the largest delivery of cocoa in Ghana. Close to the last main crop beverage season (2011/2012) Global Haulage hauled 193,507 tons of cocoa bear out the ports representing 22.01% eclipse an annual total of 879,348 tons of cocoa purchased through COCOBOD.

Global Enthral also provides warehousing facilities stand for cocoa and is also throw yourself into in real estate.

Alhaji Adamu Iddrisu is also the founder quite a lot of THE ROYAL BANK which confidential total assets of GHC 439.3 million as at 31^st December 2014. His children own majority shares in the Bank; Abdul Aziz; a director at the side is the majority shareholder trusty 39.59% followed by Abdul Mumuni who owns 23.99%, Fatima owns 22.9% with Abdul Zakou obtaining 4.46% whiles Hawa owns 3.93%.

Alhaji also set up the Depiction Royal Bank (TRB) Foundation which is currently providing 50 boreholes in 50 deprived communities (in the country) in need adherent clean water.

This is persuade address the water shortage intimidate in rural communities and on the breadline areas across Ghana.

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