ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

Read About Nigeria’s Former Minister, OPEC President, Alli Monguno Who Borrow Money to Build His Only House

by NationalInsight
January 6, 2024
in Featured, News
Reading Time: 2min read
0
Shetiima Ali Monguno

Shetiima Ali Monguno

3
SHARES
732
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

Late Dr Shetiima Ali Monguno is one of the prominent Nigerians from the Borno state who served the nation in various capacity as a politician and technocrat.

During his lifetime , Shettima Ali Monguno, PhD, was, Minister for Air Force 1965-1966,Minister of Mines and Power, Minister of Petroleum & Energy 1972 – 1975,Fed Commissioner Trade 1967-1971, President of OPEC 1972-73
Leader of Nigerian delegation to UNCAD II, New Delhi in 1968, Member of Nigerian delegation to United Nations for over 10 years, Pro-chancellor University of Calabar 1978-80, Pro-chancellor University of Nigeria 1980-84, National honors Ethiopian Empire, Republic of Egypt, Sudan and Cameroon 1970, Trustee Girl Guides Association of Nigeria 1970-90, Deputy National Chairman National Party of Nigeria December 1980-84, Chairman Maiduguri Metropolitan Council 1977–78, Member Constituent Assembly 1977-78.

He was Conferred National Honor – Commander of the Order of the Federal Republic CFR 1982, he becamee Director Nigbel Bank Nigeria ltd 1988 Chairman Borno Education Endowment Fund 1986 among others

He received keys to the cities of New York City , Louisville, Kentucky , USA; Quito, Ecuador; and Lima , Peru

You might also like

Oluomo of Ile-Ife, Gbenga Owolabi Dies at 65

Makinde Assures Ibadan Residents of Imminent End to Indiscriminate Refuse Dumping

Nigerian Senate and the “Bow and Go” Tradition By Taiwo Adisa

Load More

Despite his position he lived a simple life and died with only one house, a house he obtained through loan of N40,000 (Instalmental payments)

In 1974 he wanted to build House in Maiduguri, he applied for N40,000 bank loan , the bank wanted a guarantor.

ALSO READ  Adekunle Gold, Ara others closes  Mare festival 2016 with superlative performances

He approached his boss, General Yakubu Gowon, Head of State and Commander-in-Chief, for a letter to this effect. Gowon refused, saying that it would amount to abuse of office for him to allow him take a loan to build the house .

Shettima mulled his options.
Julius Berger was already well established then. He approached them to build the house for him.
They agreed on one condition,
Julius Berger would build the house and then rent it out for the number of years it would take to recover the N40,000 from his Salary .

Shettima agreed. That was how he built his bungalow in Maiduguri.

He could only do it via a BOOT (Build, Own, Operate and Transfer) arrangement with Julius Berger .

He attended Monguno primary school , Teacher’s College Bauchi and Katsina , college of arts, science and technology Zaria, Moray House college of education and the University of Edinburgh

author avatar
NationalInsight
See Full Bio
Tags: Shetiima Ali Monguno
Share24Tweet15Send
Previous Post

Lawmaker Pays N38 Million Tuition Fees for Over 512 Students

Next Post

Akpabio, Remi Tinubu,Patience Jonathan Others  Attend Abacha’s Son’s Wedding in Abuja

NationalInsight

NationalInsight

Related Posts

Oluomo Gbenga Owolabi
Featured

Oluomo of Ile-Ife, Gbenga Owolabi Dies at 65

by NationalInsight
December 14, 2025
214
#image_title
Featured

Makinde Assures Ibadan Residents of Imminent End to Indiscriminate Refuse Dumping

by NationalInsight
December 14, 2025
119
Senate
Featured

Nigerian Senate and the “Bow and Go” Tradition By Taiwo Adisa

by NationalInsight
December 14, 2025
121
Abubakar Malami
Featured

EFCC Explains Detention of Ex-AGF Malami, Denies Political Motive as ADC Kicks

by NationalInsight
December 14, 2025
121
#image_title
Featured

OPC New Era Executives Step Aside After Eight-Year Tenure

by NationalInsight
December 13, 2025
270
Next Post

Akpabio, Remi Tinubu,Patience Jonathan Others  Attend Abacha's Son's Wedding in Abuja

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

Oluomo Gbenga Owolabi

Oluomo of Ile-Ife, Gbenga Owolabi Dies at 65

December 14, 2025
214
#image_title

Makinde Assures Ibadan Residents of Imminent End to Indiscriminate Refuse Dumping

December 14, 2025
119
Senate

Nigerian Senate and the “Bow and Go” Tradition By Taiwo Adisa

December 14, 2025
121
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Oluomo of Ile-Ife, Gbenga Owolabi Dies at 65
  • Makinde Assures Ibadan Residents of Imminent End to Indiscriminate Refuse Dumping
  • Nigerian Senate and the “Bow and Go” Tradition By Taiwo Adisa

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com