Dr. Kadri Obafemi Hamzat, better known as Femi Hamzat, is a notable Nigerian politician and the current Deputy Governor of Lagos State. Over the years, Hamzat has established himself as a key figure in Lagos politics, particularly through his long-standing affiliation with the All Progressives Congress (APC).
As of 2024, Femi Hamzat’s net worth is estimated to be $2 million, accumulated from his career in both public service and private ventures. Here’s a closer look at his life, career, and the financial path that has contributed to his wealth.
Biography of Femi Hamzat:
Early Life and Education
Femi Hamzat was born on September 19, 1964, into the prominent Hamzat family in Lagos. His father, Alhaji Olatunji Hamzat, was also a well-known politician and a traditional ruler, which undoubtedly had a profound influence on his son’s career trajectory.
Hamzat pursued his early education in Lagos before moving on to obtain a degree in Agricultural Engineering from the University of Ibadan. He later proceeded to the Cranfield University in the UK, where he earned a PhD in System Process Engineering. His academic background laid the foundation for his entry into both the public and private sectors.
Career in Public Service
Hamzat’s career in public service began in earnest when he was appointed Commissioner for Science and Technology in Lagos State under the administration of Governor Bola Tinubu. He served in this capacity from 2005 to 2011, where he was responsible for several technological advancements in Lagos, including the automation of tax processes and the introduction of the Eko Education Portal.
In 2011, Femi Hamzat was appointed as Commissioner for Works and Infrastructure by then-Governor Babatunde Fashola. During this time, he oversaw critical infrastructure developments in Lagos, including road construction projects, bridges, and other infrastructural improvements that aimed to transform the city’s landscape.
Political Rise: Deputy Governor of Lagos State
In 2018, Femi Hamzat was chosen as the running mate to Babajide Sanwo-Olu in the Lagos gubernatorial elections. They successfully won the election, and Hamzat was inaugurated as the Deputy Governor of Lagos State in 2019. His contributions to governance, particularly in infrastructural development and urban planning, have been well-received by the public.
Sources of Income
Hamzat’s estimated net worth of $2 million stems primarily from his salaries as a top-level government official, investments, and other private ventures. His roles as Commissioner and Deputy Governor have contributed significantly to his wealth. Additionally, he is believed to have investments in real estate and other business sectors.
Personal Life
Femi Hamzat is married to Mrs. Oluremi Hamzat, and they have children together. He is a devoted family man who values education and community service, often engaging in initiatives aimed at uplifting the youth of Lagos State.
Femi Hamzat’s Net Worth Growth Over Time
- 2020: $1.5 million
- 2022: $1.8 million
- 2024: $2 million
Hamzat’s wealth has grown steadily due to his continued involvement in government and private investments. As a Deputy Governor with vast experience in public service, his influence in Lagos politics remains significant, which also helps maintain and grow his financial portfolio.
Frequently Asked Questions (FAQs)
1. What is Femi Hamzat’s net worth in 2024?
Femi Hamzat’s net worth is estimated to be $2 million in 2024.
2. What political positions has Femi Hamzat held?
He has served as the Commissioner for Science and Technology, Commissioner for Works and Infrastructure, and currently, as the Deputy Governor of Lagos State.
3. What is Femi Hamzat’s educational background?
Hamzat has a degree in Agricultural Engineering from the University of Ibadan and a PhD in System Process Engineering from Cranfield University in the UK.
4. Who is Femi Hamzat’s father?
Femi Hamzat’s father is Alhaji Olatunji Hamzat, a notable Nigerian politician and traditional ruler.
5. Is Femi Hamzat married?
Yes, Femi Hamzat is married to Mrs. Oluremi Hamzat, and they have children together.
Conclusion
Femi Hamzat’s journey in Nigerian politics, particularly within Lagos State, showcases his dedication to public service and development. His growing net worth is a reflection of his influence and success both in politics and private ventures. With his experience and leadership qualities, Hamzat remains a key figure in the political landscape of Lagos.
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For more information about his career and updates, you can visit his official LinkedIn profile or follow him on his social media platforms.