7 Top Richest Nigerian Politicians
Nigeria, like many other countries is well known for flamboyant and wealthy politicians who are typically found of appearing less than they are actually worth in public. But who are the richest politicians in Nigeria? This is an inevitable question for someone who follows the country’s political trends. So without wasting much of your time, here are the top 7 richest politicians in Nigeria in no particular order whatsoever:
1. Ibrahim Babangida:
“IBB” as he’s popularly called is believed by many to be the richest politician in the country. He was born August 17, 1941 in Minna, Niger State and was popular as a very strict and tactical military man. He annulled the June 12 Chief MKO Abiola election in 1991 and he’s reported to own one of the most expensive houses in Africa – a multibillion dollar mansion in Niger state. He’s reportedly worth around $50 Billion.
2. Olusegun Obasanjo:
He’s popularly known as “OBJ” or “Baba”. He hails from Ogun state and he’s one of the most successful politicians in Nigeria. He was Nigeria’s first citizen first between February 1976 to September 1979 (during the military regime) and between May 1999 to May 2007 (during the democratic period). Baba owns the gigantic Otta Farms and has various other investments. He’s reported to be worth $1.6 Billion.
3. Rochas Okorocha:
Rochas Okorocha hails from Imo state. He was born on 22 September 1962 and he’s a multi-billionaire who is said to be worth much more than he portrays. He assumed the Imo state governorship office in 2011 and was re-elected in the 2015 elections. He owns ‘Rochas Motors’ and a thriving real estate firm. Presently one of the richest governors in Nigeria, he’s reportedly worth $1.5 Billion.
4. Bola Tinubu:
Bola Ahmed Tinubu is presently the most successful Lagos state politician. Jagaban as he’s popularly called was born on 29 March 1952 in the city of Lagos. He was a senator till late 1993, and he was the Lagos state governor from 29 May 1999 to 29 May 2007. He’s an APC pillar who’s reportedly worth $1.5 billion.
5. Rotimi Amaechi:
Rotimi Amaechi was born on 27 May 1965. He was the Rivers State governor for two terms from May 2007 to May 2015. He is an outspoken politician and the present minister of transportation. He is reportedly worth $780 million.
6. Atiku Abubakar:
Atiku is arguably Nigeria’s most popular vice president. He was Obasanjo’s vice from May 1999 – May 2007. He started out in the real estate business while he was yet a customs officer and he has a logistics company. He founded American University of Nigeria (AUN) in 2005. He’s reportedly worth $1.4 Billion.
7. Ifeanyi Ubah:
Ifeanyi made his first million at the age of 19. His investments include a spare part export company, a real estate company, a transport company, an oil & gas company, and a football team. It is believed to be only a matter of time before he assumes office as the governor of Anambra state. His net worth stands at $1.7 billion.