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Here Are Top 10 Richest Politicians in Nigeria



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  • The below are top 10 richest politicians in Nigeria.

THE NATION REPORTERS reports that the richest politicians in Nigeria list with net worth will certainly be of interest to you, given the kind of lifestyle Nigerian politicians live and their access to Nigeria’s wealth.

Let’s see the top 10 richest politicians in the world, just follow suit.

Rank          Names                 Net worth      Age
1.           Bola Ahmed Tinubu $8.4 billion     70
2.           Ibrahim Babaginda    $5 billion      80
3.           Ifeanyi Ubah                $1.7 billion  50
4.           Olusegun Obasanjo   $1.6 billion   85
5.           Rochas Okorocha       $1.4 billion  59
6.           Atiku Abubakar           $1.4 billion  75
7.           Orji Uzo Kalu                $1.1 billion  62
8.       Ahmadu AdanuMu’azu $895 million 65
9.          Dino Melaye                $800 million 48
10.        Rotimi Amaechi          $780 million 56

1. Bola Ahmed Tinubu

Bola Ahmed Tinubu is a Nigerian accountant and politician who has been the national leader of the All Progressives Congress since the party’s formation in 2013. He previously served as the Governor of Lagos State from 1999 to 2007 and Senator for Lagos West during the brief Third Republic.

He was born on the 29th of March 1952 in Osun state, He earned a bachelor’s degree from Chicago State University in business administration in 1979. He holds the tribal aristocratic title of asiwaju, given to him by the Oba of Lagos, who holds a ceremonial position as the traditional leader of the state of Lagos.

Tinubu is a Muslim and is also married to Oluremi Tinubu, the current senator of the Lagos Central senatorial district.

HE gas landed properties scattered across Nigeria are worth over 120 billion including the mansion worth 5 billion at bouillon drive, Ikoyi, Lagos. he also owns a g wagon worth 600 million and 2 other Mercedes Benz’s, range rover e.t.c

He owns a private jet, a $60 million Bombardier Global Express XRS, but it’s not the only one he has.

The former Lagos State governor, net worth is 8.4 billion, he also revealed his ambition of becoming the president in 2023.

2. Ibrahim Badamasi Babaginda

Babangida is a retired Nigerian Army general and politician born on 17 August 1941. He served as military president of Nigeria from 1985 until his resignation in 1993.

Babangida is rumored to be worth over US$5 billion. He is believed to secretly possess a multi-billion dollar fortune via successive ownership of stakes in a number of Nigerian companies.

3. Ifeanyi Ubah

Patrick Ifeanyi Ubah born 3 September 1971, is a Nigerian businessman, entrepreneur and currently the Senator, representing Anambra South Senatorial District in the Nigerian senate and CEO of Capital Oil (CCO, for short), which he founded in 2001.

Ifeanyi became an exporter of motor tyres and spare parts majorly in West Africa including Ghana, Sierra Leone, Liberia, and DR Congo before he expanded his business ventures in some countries in Europe including Belgium and the United Kingdom.

He is the founder of The Authority Newspaper, a Nigerian daily newspaper, and also the owner of Ifeanyi Ubah F.C., a football club in the Nigeria Premier League, following its purchase as Gabros International Football Club.

He is the CEO of capital oil and gas limited.

4. Olusegun Obasanjo

Olusegun Obasanjo was born March 5, 1937, in Abeokuta, Nigeria, he is a Nigerian general, statesman, and diplomat, who was the first military ruler in Africa to hand over power to a civilian government. He served as Nigeria’s military ruler from 1976 to 1979 and, as a civilian, as president from 1999 to 2007.

Obasanjo rose quickly through the army ranks. During the Biafra conflict from 1967 to 1970, he was appointed to head a commando division that was stationed at the Biafran front in southeastern Nigeria. The conflict ended when Biafran forces surrendered to him in January 1970.

Obasanjo has been described as one of the great figures of the second generation of post-colonial African leaders.

He is 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.

5. Rochas Okorocha

Rochas Okorocha is a Nigerian politician of Igbo extraction from Imo State. He is the Senator representing Imo West Senatorial district at the 9th Nigerian Senate. He is also the former Governor of Imo State.

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.

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).

6. Atiku Abubakar

Atiku Abubakar is a Nigerian politician and businessman who served as the Vice President of Nigeria from 1999 to 2007 during the presidency of Olusegun Obasanjo.

He spent twenty years in the Nigeria Customs Service, rising to the post of Deputy Director, the second-highest position in the service at the time. He left the military in April 1989 and went into full-time business and politics. In 1991, he ran for governor of the old Gongola State, now known as Adamawa and Taraba States, and in 1993, he campaigned for President.

Atiku Abubakar was born November 25, 1946, He is a politician, businessman, and former customs officer from Nigeria.

7. Orji Uzo Kalu

Orji Uzo Kalu former member of the Progressive Peoples Alliance (PPA) and People’s Democratic Party (PDP) is the 7th on our list.

He is a Nigerian politician and businessperson who is a Senator representing Abia North Senatorial District, He also serves as the Chief Whip of the House of Senate, Federal Republic of Nigeria. He served as the Governor of Abia State, Nigeria from 29 May 1999 to 29 May 2007.

8. Ahmadu AdanuMu’azu

Ahmadu AdanuMu’azu was the former governor of Bauchi State and PDP chairman. He worked for the Bauchi State Investment and Property Development Company as a property manager. He is one of Nigeria’s top ten wealthiest politicians, with a net worth of 895 million

Mu’Azu owns a Lexus LX570, a Range Rover Discovery, and a Toyota Prius in his garage.

9. Dino Melaye

Dino Melaye is a Nigerian politician, a former Senator, and was a member of the 8th Nigerian National Assembly, representing the Kogi West Senatorial district. He is from Ayetoro Gbede in the Ijumu Local Government Area of Kogi State.

Dino Melaye owns one of the most expensive cars in the world, the Bugatti Veyron (616 million dollars), three Rolls-Royces (318 million dollars), and a Lamborghini Huracan (86.7 million dollars), a Bentley Continental (71 million dollars), and many other extravagant cars.

10. Rotimi Amaechi


Chibuike Rotimi Amaechi is a Nigerian politician who is currently serving as the Minister of Transportation in the cabinet of President Muhammadu Buhari. He previously served in oil-rich Rivers State as Governor of Rivers State from 2007 to 2015 and Speaker of the Rivers State House of Assembly from 1999 to 2007.

He has expensive vehicles that include a Mercedes-Maybach Vision 6, a Mercedes Amg G63, a Mercedes S550, a Land Rover Discovery, and a Lexus LX 570.


Finally here is a recap of the top 10 richest politicians in Nigeria in 2022:

Bola Ahmed Tinubu
Ibrahim Badamasi Babaginda
Ifeanyi Ubah
Olusegun Obasanjo
Rochas Okorocha
Atiku Abubakar
Orji Uzo Kalu
Ahmadu AdanuMu’azu
Dino Melaye
Rotimi Amaechi


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