Richest Politicians In Nigeria 2023: Top 10 Wealthiest

Top 10 Richest Politicians in Nigeria: Who are Nigeria’s wealthiest politicians right now? It is without a doubt that Nigerian politicians are the wealthiest in the world, owing to the fact that they are the highest-paid public officers in the world and have access to the nation’s wealth, with every political lover in Nigeria seeing politics as the best way to cash out and amass wealth for themselves.

When it comes to Africa’s richest countries, Nigeria must be mentioned, as the country has both tapped and unexplored resources.

Nigeria’s main source of revenue is crude oil, which is one of the world’s most precious resources, and the country is also blessed with numerous natural resources in every corner.

The richest politicians in Nigeria list with their net worth will undoubtedly be of interest to you, given the kind of lifestyle Nigerian politicians live and their access to Nigeria’s wealth. With their expensive rides, large residences, businesses, and connections, most people have been wondering and striving to know who Nigeria’s wealthiest politicians are. By way of example.

Richest Politicians In Nigeria And Their Net Worth 2023: Top 10 Wealthiest

• Bola Ahmed Tinubu – $8.4 billion
• Ibrahim Badamasi Babangida – $5 billion
• Andy Uba – 2.1 billion
• Abubakar Bukola Saraki – $2 billion
• David Mark – $2 billion
• Atiku Abubakar – $1.8 billion
• Ifeanyi Ubah – $1.7 billion
• Olusegun Obasanjo – $1.6 billion
• Rochas Okorocha – $1.4 billion
• Orji Uzor Kalu – $1.1 billion

1. Chief Bola Ahmed Tinubu

Chief Bola Ahmed Adekunle Tinubu, a former governor of Nigeria’s most populous state, Lagos, was born on March 29, 1952. He served as governor of Lagos State for two terms from May 1999 to 2007. He is also the National Leader of Nigeria’s largest political party, the All Progressives Congress (APC).

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He joined the Peoples Front group of the Social Democratic Party in 1992, which was chaired by Shehu Musa Yar’Adua and included figures like Umaru Yar’Adua and Atiku Abubakar. He was elected to the Senate and was served as the senator representing the Lagos West constituency in the short-lived Nigerian Third Republic. On 29th May, 2023, He became the President of Nigeria.

Apart from politics, Asiwaju Bola Ahmed Tinubu owns Oando Plc, one of Nigeria’s top oil-producing enterprises with a revenue of over 450 million Naira.

Bola Ahmed Tinubu is also the sole owner of Television Continental (TVC), a television network that broadcasts in Nigeria and other African countries such as South Africa, Ghana, amongst others.

Oluremi Tinubu, the senator representing the Lagos Central Senatorial District, is married to chief Bola Ahmed Tinubu the jagaban of Lagos, as he is fondly known.

Tinubu has landed properties all throughout Nigeria and beyond; his Nigerian properties alone are valued over 250 billion Naira, while his mansion in Ikoyi, Lagos State, is worth over 5 billion Naira.

With a G-Wagon worth $600 million, Mercedes Benzes, Range Rovers, Lexus LX 550s, and other luxurious vehicles, Bola Tinubu is the talk of the town. He owns a private jet, a $60 million Bombardier Global Express XRS, but it’s not the only one he has.

2. Ibrahim badamasi Babangida GCFR

Ibrahim Babangida is Nigeria’s second most wealthy politician. He was the military head of the state of Nigeria at one time, and was known as IBB. On our list of Nigeria’s top ten wealthiest politicians, General Ibrahim Badamasi Babangida ranks second (IBB). Ibrahim Babangida was born in Niger State, Nigeria’s northwestern region, on August 17, 1941. Ibrahim Babangida is a Nigerian politician, businessman, and military general.

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From August 1985 until August 1993, he served as the military ruler of Nigeria, and he is best known for annulling the June 12 general election.

General Ibrahim Badamasi Babangida is believed to be worth $5 billion, or about 2 trillion Naira. He was also the wealthiest politician in the country at one point.

3. Andy Uba - The Multifaceted Figure

Andy Uba's journey into Nigerian politics and business has been multifaceted. From a senior special assistant to President Olusegun Obasanjo to a turbulent governorship in Anambra State, Uba's career has been marked by twists and turns. His $2.1 billion net worth is a testament to his business acumen, primarily rooted in diverse business dealings.

4. Abubakar Bukola Saraki - The Resilient Statesman

With a background in medicine, Abubakar Bukola Saraki transitioned into Nigerian politics with finesse. Serving as Kwara State's governor and later Senate President, he made significant strides in developmental projects. Saraki's estimated $2 billion net worth is a result of both his political career and successful business ventures.

5. David Mark - The Unifier

David Mark's composed demeanor and strategic leadership style made him a prominent figure in Nigerian politics. His tenure as Senate President showcased his dedication to national interests and good governance. Mark's estimated wealth of $2 billion finds its roots in a combination of business and politics.

6. Atiku Abubakar - The Persevering Politician

 Atiku Abubakar, Nigeria's former Vice President, spent two decades in the Nigeria Customs Service before delving into full-time business and politics. While he unsuccessfully contested the presidency five times, his estimated $1.8 billion net worth reflects his diverse investments and business ventures.

In Nigeria’s democratic history, Atiku Abubakar is one of the most well-known Vice Presidents. From 1999 to 2007, he served as the country’s 11th Vice President under former President Olusegun Obasanjo. On November 25, 1946, Atiku Abubakar, GCON, was born. He is a politician, businessman, and former customs officer from Nigeria.

7. Dr. Patrick Ifeanyi Ubah (EBUBECHUKWUZOH)

Nigerian politician and entrepreneur Ifeanyi Ubah is a Nigerian business tycoon. The Nnewi native was a multimillionaire before entering politics. According to accounts, he made his first million when he was nineteen years old

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He is a Nigerian politician and one of the country’s wealthiest. He is active in a number of different enterprises. He has business interests in commerce spare parts, real estate, oil and gas, transportation, and, most recently, the soccer team Ifeanyi Ubah FC, which he purchased and renamed.

And he is the CEO of capital oil and gas limited. His current net worth is believed to be $1.7 billion.

8. Gen. Olusegun Obasanjo

On May 5th, 1937, Chief Olusegun Obasanjo, GCFR, Ph.D. was born. He is a former Nigerian Army general who served as the country’s civilian President from 1999 to 2007. He was the leader of the country’s fourth republic. He has had the good fortune of serving as President of the United States twice. From the 13th of February 1976 until the 1st of October 1979, he was the country’s military ruler, and from the 29th of May 1999 to the 29th of May 2007, he was the country’s democratically elected president.

OBJ or Baba, a politician from Ogun State, is one of Nigeria’s wealthiest politicians. He is the owner of Otta Farms as well as a number of other businesses and assets throughout the country. He is also said to own oil blocks and economic interests in other countries. Chief Olusegun Obasanjo has amassed a substantial fortune over the years. He has a net worth of $1.6 billion.

9. Rochas Okorocha - The Controversial Figure

Rochas Okorocha's journey from Governor of Imo State to Senator has been marked by both success and controversy. His estimated $1.4 billion net worth stems from a mix of politics and business interests.

Owelle Rochas Okorocha was born on March 22, 1962 in Ogboko, Ideato South Local Government Area, Imo State, and rose from grass to glory. He hawked goods in Barkin Ladi, Jos, because his parents were destitute. By 2007, Rochas Okorocha had entered politics and amassed a sizable following, prompting him to compete for Governor in the 2007 general election under the Peoples Democratic Party (PDP).

In the run-up to the 2011 general election, Rochas joined the All Progressive Grand Alliance (APGA), before switching to the APC. Rochas was elected governor of the state in 2011 and served two terms.

10. Orji Uzor Kalu - The Business Tycoon

Chief Orji Uzor Kalu once served as the governor of Abia state. He is said to be worth 1.1 billion dollars in cash and assets. Some of his other businesses include oil production, a shipping company, and newspaper companies (The New Telegraph and The Daily Sun) and banking.