Top 10 Richest Politicians In Nigeria in 2020

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Asides having the most paid public officers in the world, Nigeria also has the world’s most ever rich politicians.

It is often believed that politics equals wealth in Nigeria so as soon as a person becomes a politician he or she is expected to have a certain level of affluence

In this article we will be showcasing to you some of the richest politicians in Nigeria.

There are some who have made good money even before entering into politics and there are several others whose status didn’t change for better until they entered politics.

Read on to find out more.

1. Ibrahim Badamosi Babangida

This is one of Nigeria’s most popular and certainly one of the wealthiest politicians. He was Nigeria’s former army president. IBB  was well-known for the annulment of MKO Abiola ‘s 1991 June 12 election. Billions of dollars are said to be the worth of IBB. The net value of IBB is estimated at approximately $5million.

Some of his expensive assets are;
Learjet 45
BMW 760LI
Mercedes-Benz S Class 2015
Toyota Land Cruiser

2. Bola Ahmed Tinubu

His full names are: Chief Bola Ahmed Adekunle Tinubu (born March 29, 1952).
To commence his journey as a politician, He was elected to the Lagos West constituency in Nigeria in 1993.
The election was later held in December 1993 just before a military takeover.
In recent times, Chief Bola Tinubu has expressed an interest in contesting for the presidential elections in 2023, as the second richest politician in Nigeria.

Some of his assets are:
Mercedes Benz Cars
Range Rover
Lexus LX 550
G-Wagon
And other undisclosed luxurious cars and private jet

3. Chief Olusegun Obasanjo

Olusegun Obasanjo is one of the richest leaders in Nigeria, popularly referred to as the “OBJ,” “Baba” and he hails from Ogun State.

The old politician controls the famous Otta Farms and numerous companies in the Ogun region. It has also been stated that in some other countries he has a few oil blocks and some shares.

In those days, Nigerians referred to him as the Military Head of State.

He was elected President of Nigeria, serving as Nigerian Military Head of state from 1976 to 1979 when Nigeria changed to democracy in 1999.

As an elderly politician, He has achieved a great level of affluence over the years.
The wealth of Obj is worth $1.6 billion.

4. Atiku Abubakar

Atiku Abubakar was Nigeria’s vice president during Olusegun Obasanjo’s democratic rule from May 1999 to May 2007. He was renowned for his vice presidency, but before and after that he was one of the top politicians in Nigeria.

Atiku Abubakar, who was born in Gongola (today’s Adamawa), had Fulani parent and he was born on 25 November 1946.

Because of the then compulsory school rule, Atiku’s father was against Western education.

At the age of eleven, his dad died and his mother, much later , at the age of 38 his mother died.

From a young age, he made a strong decision not to remain poor.

Some of his assets are;
Embraer Phenom 100 private jet
Range Rover
Lexus 570
Rolls Royce Cullinan
Toyota Land Cruiser
Mercedes S550

5. Rochas Okorocha

This is one of Imo State ‘s richest politicians, and hence his enlistmentnt as one of Nigeria ‘s richest politicians.

Before he started of political journey, he was first a wealthy businessman.

In the elections conducted in Imo State for the governorship position, Rochas participated and won in 2011 and 2015.

Furthermore, he is the brain behind the Rochas Foundation, an association with unique colleges in society for the less fortunate.

It is estimated that Rochas is worth $1.5 billion.

Some of his assets are:

Rolls-Royce Phantom
Mercedes-Benz S600
Mercedes-Benz Klassen V220
Mercedez Benz AMG63
Lexus LX 570
It was rumored to have three private jets

6. Orji Uzor Kalu

First, he is a former governor of one of the Nigerian States; Abia and certainly one of Nigeria ‘s richest politicians. Also, he is in charge of the new telegraph and Sun Daily.

He was chairman of the Borno Water Board and president of Cooperative Bank and Trade Bank Limited before he was elected as governor. election.

Kalu has joined several political parties such as the Democratic People’s Party (PDP), the Alliance for Progressive Peoples (PPA) and the PPA as Chairman.

During the April 2007 general election he was the presidential candidate of the party.

He is presently an APC ruling member after official notification of his retirement as the PPA BOT.

He is said to have a net worth estimated at $1.1 trillion.

Some of his automobiles are:
Bentley
Range Rover
Mercedes Benz S550
Mercedes Benz C Class among

7. Dino Melaye

He is a famous outspoken, controversial lawmaker representing the Kogi East’s people inside the Senate house.

He is known for always speaking out against the Government of the country concerning matters that are dear to the citizens.

Speaking of cars, Dino has an assortment of exotic cars, motorbikes and other completely different properties.

The property of Dino is valued at $800 million

8.  Rotimi Chibuike Amaechi

He was the former governor of Rivers between 2007 and 2015. Though He had previously been elected as speaker of the National Assembly in Rivers.

He was later appointed Transport Minister in the Buhari / APC administration.

The fortune of Rotimi Amaechi amounts to $780 million.

9. Ifeanyi Ubah

Before he went into politics he was already a multimillionaire. When he was only nineteen years old, by a source he created his initial million as a young person.

He comes from Nnewi in the state of Anambra and is one of the richest politicians in Nigeria.

He has commercial interests in the marketing of goods, oil and gas, transport,he even bought a soccer club and named it Ifeanyi Ubah FC.

His wealth is valued at $1.7 billion.

10. Ben Bruce

The Chairman of the Silverbird Company is Ben Murray-Bruce. He is currently in the National Assembly for Bayelsa East Senatorial District.

In addition, Ben Bruce is popular in social media as he almost every day makes his opinions on topical issues known and is widely followed.

He is in the entertainment industry for decades and the Most Beautiful Girl of Nigeria (MBGN) is coordinated annually by his Silverbird company for almost three decades.

It is estimated that the wealth of Mr. Murray Bruce is almost $715 million.

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