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20 Richest Politicians in Nigeria and Their Estimated Net Worth

20 Richest Politicians in Nigeria and Their Estimated Net Worth

20 Richest Politicians in Nigeria and Their Estimated Net Worth

Nigeria’s political class is often associated with enormous wealth, and many of the country’s most influential figures have fortunes running into hundreds of millions, and in some cases, billions of dollars.

While much of this wealth is tied to business ventures, real estate, oil, banking, and other private investments, their political influence has also played a role in shaping their fortunes.

It is important to note that these figures are media-based estimates, not audited declarations, and should be taken with caution. Still, they provide insight into the individuals often ranked among Nigeria’s wealthiest politicians.

RankNamePolitical RoleEstimated Net Worth (USD)
1Bola Ahmed TinubuPresident of Nigeria, ex-Lagos Governor$8.4 Billion
2Ibrahim Badamasi Babangida (IBB)Former Military President$5 Billion
3Orji Uzor KaluSenator, ex-Abia Governor$3.2 Billion
4Andy UbaSenator, Politician$2.2 Billion
5Bukola SarakiFormer Senate President, ex-Kwara Governor$2 Billion
6David MarkFormer Senate President$2 Billion
7Ifeanyi UbahSenator, Business-Politician$1.7 Billion
8Olusegun ObasanjoFormer President$1.6 Billion
9Atiku AbubakarFormer Vice President$1.4 Billion
10Rochas OkorochaSenator, ex-Imo Governor$1.4 Billion
11Daisy DanjumaPolitician, Philanthropist$900 Million
12Ahmadu Adamu Mu’azuFormer Bauchi Governor, PDP Leader$895 Million
13Rotimi AmaechiEx-Rivers Governor, Former Minister$780 Million
14Ben Murray-BruceEx-Senator, Media Mogul$715 Million
15Stella OduahSenator, Former Aviation Minister$600 Million
16Abdulaziz YariFormer Zamfara Governor$590 Million
17Nyesom WikeFCT Minister, ex-Rivers Governor$550 Million
18James IboriFormer Delta Governor$520 Million
19Ali Modu SheriffFormer Borno Governor, PDP Chair$500 Million
20Rabiu Musa KwankwasoNNPP Leader, ex-Kano Governor$450 Million

Nigeria’s political elite hold extraordinary wealth, rivaling the fortunes of the country’s biggest business tycoons. These estimates underline the intersection between politics, business, and influence in Africa’s largest democracy. While the figures may fluctuate and remain contested, the dominance of these politicians in Nigeria’s wealth rankings reflects the enduring power of political capital in building financial empires.

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