Do you want to know the top 5 richest politicians in Nigeria?

Some of the richest and most influential politicians in the world are from Nigeria. These politicians have amassed vast fortunes through public service and numerous business ventures and investments.

This article will look at the top ten richest politicians in Nigeria, their net worth, and how they got their money.


Kindly note that these figures and findings are only estimates based on publicly available data, but we presume they might be worth more than the estimated figures.

The Table Below Shows The Names, Ranks, And Net Worth Of The Top 5 Richest Politicians In Nigeria

Rank Politicians Estimated Net Worth
1. Bola Ahmed Tinubu $32.7 billion
2. Ibrahim Babangida $5 billion
3. Ifeanyi Ubah $1.7 billion
4. Olusegun Obasanjo $1.6 billion
5. Rochas Okorocha $1.4 billion

Here Are the Top 5 Richest Politicians in Nigeria

1. Bola Ahmed Tinubu – $32.7 billion

Bola Ahmed Tinubu is Nigeria’s richest politician, with an estimated net worth of $32.7 billion.

His investments in real estate, oil and gas, the importation of rice and chemicals, and other businesses have contributed to the majority of his wealth.

Also Read:  Is This The End Of Tinubu And Atiku? What Will Happen If This Secret Comes Out?

2. Ibrahim Babangida – $5 billion

Ibrahim Babangida is Nigeria’s second richest politician, with an estimated net worth of $5 billion. From 1985 to 1993, he led Nigeria as its military head of state.

Babangida presided over Nigeria’s economic expansion and development during his tenure in office. Additionally, he oversaw the country’s 1993 transition to civilian administration. Babangida had previously served in the Nigerian Army for over 20 years, rising to the rank of General. He was Nigeria’s Chief of Army Staff during the civil war.

3. Ifeanyi Ubah – $1.7 billion

Senator Ifeanyi Ubah represents the Anambra South Senatorial District. Ifeanyi Ubah has an estimated net worth of $1.7 billion as of 2022, putting him among Nigeria’s richest politicians.


He is regarded as one of Nigeria’s most prominent and powerful politicians. Due to his being a significant player in the nation’s oil and gas sector, he is a huge force to be met with due to his riches and clout.

4. Olusegun Obasanjo – $1.6 billion

Obasanjo advanced swiftly in the army while serving. In the Biafra crisis, which lasted from 1967 to 1970, he was assigned to lead a commando division stationed at the Biafran front in southeastern Nigeria. In January 1970, Biafran soldiers surrendered to him, bringing the fight to a close.

Chief Olusegun Obasanjo has earned considerable riches over the years. He possessed a net worth of $1.6 billion as of 2022. He amassed his fortune through a number of industries, which included agriculture, oil and gas, real estate, and construction, among others.

Also Read:  [Updated] Peter Obi Net Worth

5. Rochas Okorocha – $1.4 billion

Rochas Okorocha is reported to have an estimated worth of $1.4 billion. Okorocha’s income is primarily derived from his political career and commercial interests, which entail assets in real estate, agriculture, business, and oil and gas. He also owns a number of Nigerian banks.

Leave a Reply