Shuaibu Audu

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Shuaibu Audu
Shuaibu Abubakar Audu.jpg
Shuaibu Audu
Minister of Steel Development
Assumed office
21 August 2023
Occupation
  • Politician
  • investment banker

Prince Shuaibu Abubakar Audu, (born 6 November 1980) is a Nigerian investment banker and politician [1] [2] who is the current minister of Steel Development since August 2023. [3]

Contents

Before his appointment as minister, he was a gubernatorial aspirant in Kogi State. [4] Following the submission and subsequent screening of ministerial nominees by the senate, Audu was appointed minister of Steel Development on 21 August 2023. [5]

Early life and education

Prince Shuaibu Abubakar Audu was born to the Late Prince Abubakar Audu in Kogi. [6] He holds a Bachelor’s Degree in Business Economics from the University of Leicester, in the United Kingdom, in 2001. He earned a Master's Degree (M.Sc.) in International Securities, Investment, and Banking (ISIB) from Henley Business School, University of Reading. [7] Audu also obtained a Masters in Business Administration (MBA) from the University of Oxford in 2013, [8] where he was a member of St. Hugh's College. [9]

Professional Career

Prince Shuaibu Abubakar Audu has over 20 years of experience in Corporate and Investment Banking and Wealth Management within the Financial Services Sector. [10]

He started his career at the then - Investment Banking and Trust Company Limited (“IBTC”) in the Global Markets and Treasury Department for two (2) years within the Corporate & Investment Banking Division. [11] He then moved to Stanbic IBTC Pension Managers Limited as one of the pioneer promoters, and together with his colleagues in the Banking Group, they set up the Pension Fund Administrator (“PFA”), which is currently the largest in Nigeria. They equally set up the Investment Management Desk, and he was later appointed as an Executive Director in the Asset Management Subsidiary. [12]

In 2013–2023, Prince Shuaibu Abubakar Audu became the Chief Executive Officer of the Venture Capital Business at Stanbic IBTC Group. [13] He has worked and garnered experience at various banks, including the Bank of New York Melon in Boston, Massachusetts, USA, and Credit Suisse Global Headquarters in Zurich, Switzerland, amongst others. [14]

Politics (2023)

Sequel to his vast experience in the private sector over the years, Prince Shuaibu Abubakar Audu decided to bring his experience to bear in governance by showing interest in politics. [15]

He participated in the recently concluded governorship primary election in Kogi State in April 2023 under the All Progressives Congress (“APC”) [16] before his appointment to the office of the Honourable Minister of Steel Development by President Bola Ahmed Tinubu GCFR on August 21, 2023. [17]

Personal life

Shuaibu Audu is the son of former Kogi State Governor, Abubakar Audu. He is married with children. [8]

Related Research Articles

Prince Abubakar Audu University,(Formerly Kogi State University) located at Anyigba, is a state-owned university of Kogi, Nigeria. It was established in 1999 by Prince Abubakar Audu, the former governor of the state. At the time of its establishment, it was known as Kogi State University, It was later renamed Prince Abubakar Audu University (PAAU) in 2020, after the then sitting governor of Kogi State, who heralded its establishment, and later renamed Kogi State University (KSU) in 2003 by the former governor Ibrahim Idris and subsequently renamed as Prince Abubakar Audu University in 2020 by Governor Alhaji Yahaya Adoza Bello in respect of late Abubakar Audu.

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References

  1. ↑ Obahopo, Boluwaji (6 July 2021). "Kogi 2023 Guber Race: Shuaibu Audu most qualified to govern Kogi ― Group". Vanguard Nigeria. Retrieved 20 August 2023.
  2. ↑ Lokoja, Muhammad Bashir; Telegraph, New (5 July 2021). "Kogi 2023: Shuaibu Audu's capable of fixing Kogi – Group". New Telegraph. Retrieved 20 August 2023.
  3. ↑ Pai, Bilkisu Halilu (16 August 2023). "President Tinubu Assigns Portfolios To Ministers Designate". Voice of Nigeria. Retrieved 20 August 2023.
  4. ↑ Amodu, Taiwo (15 April 2023). "Kogi APC Primary: Smart Adeyemi, Audu, Oseni, others reject outcome". Tribune Online. Retrieved 20 August 2023.
  5. ↑ Ogundapo, Abdulqudus (4 August 2023). "Profiles of President Tinubu's 19 fresh ministerial nominees". Premium Times Nigeria. Retrieved 20 August 2023.
  6. ↑ "In Praise of Shuaibu Audu - THISDAYLIVE". www.thisdaylive.com. Retrieved 20 August 2023.
  7. ↑ Partners, N. M. (21 August 2023). "Meet Oxford- trained Shuaibu Abubakar Audu, investment expert to man Nigeria's Ministry of Steel Development". Nairametrics. Retrieved 24 August 2023.
  8. 1 2 Taoheed, Adegbite (9 March 2023). "INTERVIEW: I want to govern Kogi to reclaim our land, restore our values — Prince Shuaib Abubakar Audu". Tribune Online. Retrieved 20 August 2023.
  9. ↑ Ogundapo, Abdulqudus (4 August 2023). "Profiles of President Tinubu's 19 fresh ministerial nominees". Premium Times Nigeria. Retrieved 23 August 2023.
  10. ↑ Giwa, Kehinde (21 August 2023). "Audu Abubakar: All You Need to Know About Nigeria's New Minister of Steel Development". News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today. - Africa. First. Retrieved 13 June 2024.
  11. ↑ Ademokoya, Wale (29 August 2023). "Celebrating Just U Prince Shuaibu Abubakar Audu Ministry of Steel Development". Just U Magazine. Retrieved 13 June 2024.
  12. ↑ Ademokoya, Wale (29 August 2023). "Celebrating Just U Prince Shuaibu Abubakar Audu Ministry of Steel Development". Just U Magazine. Retrieved 13 June 2024.
  13. ↑ Onuh, Chioma (7 August 2023). "Equity, fairness informed nomination of Shaibu Audu - Bello". Businessday NG. Retrieved 13 June 2024.
  14. ↑ "Kogi Guber: 18 APC Aspirants Square Up To Succeed Bello – THISDAYLIVE". www.thisdaylive.com. Retrieved 13 June 2024.
  15. ↑ "Kogi Guber: 18 APC Aspirants Square Up To Succeed Bello – THISDAYLIVE". www.thisdaylive.com. Retrieved 13 June 2024.
  16. ↑ Agba, George (23 February 2023). "Abubakar Audu's Son Joins Kogi Guber Race, Picks Forms" . Retrieved 13 June 2024.
  17. ↑ Onuh, Chioma (17 August 2023). "Tinubu to swear in newly appointed ministers Monday". Businessday NG. Retrieved 13 June 2024.
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