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Sokoto Investment Company Boss Aliyu Bala Dies

By Dipo Olowookere

Managing Director of Sokoto Investment Company, Mr Aliyu Bala Sokoto, has lost his life in a fatal motor accident.

Mr Sokoto died along the Gusau-Sokoto federal highway at about 7am on Saturday.

The late 41-year-old former employee of First Bank Nigeria Limited was appointed in August 2016 as the MD of Sokoto Investment Company by the state Governor, Mr Aminu Tambuwal.

Spokesman of Mr Tambuwal, Mr Imam Imam, who confirmed the death of Mr Sokoto, described the deceased as someone who has a “deep knowledge of the investment and finance sector.”

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“Here was a young man who breezed into public service and in less than a year, has left positive impression that will last a lifetime.

“When he was appointed as MD in August last year, I was impressed by his deep knowledge of the investment and finance sector. He had worked in banks and other financial institutions and came on board with the intention to make impact.

“While talking to him, what strikes you most about him was his humility. In dealing with him, his honesty and integrity shines through at all times.

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“In less than one year, he has brought Investment portfolio to Sokoto worth more than $500 million. He rebranded the SICL, set in motion process of recruiting young professionals with new ideas to move the company forward, brought about 10 foreign and local investors to the state, and instituted a regime of honesty in dealing with superiors and subordinates alike.

“One of his efforts, the Hijra Textile Company, is due to come on stream before the end of the year with Sokoto State Government having a 40% equity stake in the company.

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“I’ve always seen him as an example of what the youth should represent. He came to his work prepared. He knew the field well enough and he hit the ground running. He had a vision and he pursued it with determination.

“Coming barely a month after the death of his father, Alhaji Bala Sokoto, Aliyu’s death has robbed the state of one its brightest young men.

“He has left a huge void in the Investment Company.”

Meanwhile, Mr Sokoto was buried yesterday according to Islamic rites.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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