How I started making money – Atiku
Former Vice President Atiku Abubakar, has for the first time, revealed how he started up his life towards greatness.
Atiku said he started business as a transporter as far back as 1971, while he was in the full employment of the Nigerian Customs Service, working at Idi-Iroko border.
The former Vice President made the revelation after receiving the Honourary Achiever Award, at the Africa’s Youth Entrepreneurs Conference and Award titled “A Stand With The Giants” last night in Lagos.
He said, “I came to Lagos on June 29, 1969 and after my two years training (with the Nigeria Customs Service); I was posted to the border station of Idi-Iroko.
“At that time, the Badagry Road had not been constructed and the only means of transportation to the rest of the West African corridor was through the Idi-Iroko border to what used to be called Dahomey and what is now known as Benin Republic.
“On getting to Idi-Iroko, my first posting, I was not married and what I discovered was that the most promising business was transportation. Many pickup vans were transporting women traders from Ajase (Port Novo) to Lagos every morning, and every evening from Lagos back to Port Novo.
“So I asked myself, how I can seize the opportunity of this moving business. I came over to Lagos and in those days SCOA were the sole distributors of Peugeot, so I went to SCOA and I signed a hire-purchase agreement and bought four of those pickups and gave them to four different drivers and every day they will bring their returns to me and at the end of the month, I will go to SCOA and pay them.
“I wasn’t married, so my salary was intact and in addition I was saving from what I was getting from my transport business. So, sometime, to be an entrepreneur you must have the ingenuity to be an entrepreneur.”