Thanks To Your Votes, They're Balling

Richest politician in Nigeria

By  | Feb 23, 2022, 08:07 AM  | Top of The

Buhari and Wizkid-Image
It's true that they are the same individuals who advocate for tax cuts during presidential and other elections. Despite this, taxes keep growing as long as they're in charge. There is also the issue of politicians' wages, which tend to grow every year.

This list of the six wealthiest politicians reveals the actual net worth of each individual. They may not agree on every policy, but they can all agree on one thing: the green paper.

1. Bola Ahmed Adekunle Tinubu, worth $8.4 billion

From 1999 until 2007, he served as Governor of Lagos State. He currently leads the All Progressive Congress (APC) in Nigeria.
The politician was born on March 29th, 1952 and is originally from the Osun state. 
Before he became a household name in Nigerian politics, Bola Tinubu worked for a number of multinational corporations. Before he became interested in Governance, he worked with Deloitte, Arthur Andersen, Haskins & Sells, GTE Services, Mobil Oil, and so on. 
As "The Godfather of Lagos," Tinubu is well-known. This was possible because he was able to leverage his connections in business and politics to get a firm foothold on the city's foundations. 
He's thought to be worth $8.4 billion, according to the most recent estimate.

2. Ibrahim Badamasi Babangida GCFR – $5 Billion

General Ibrahim Babangida, a former Nigerian president, is the second on our list. He used to be known as "The Evil Genius" or "Maradona" because he was a demanding leader. 
In August 1985, he replaced Gen. Muhammadu Buhari as General after serving as the Chief of Army Staff. Until his resignation in 1993, he served as Nigeria's 8th president. 
There were two coups against his rule, but he remained in power. When he was a soldier in the Civil War, he was wounded in the shoulder by a stray bullet. This is the first time he's been willing to remove the shrapnel from his body. 
In his latter years of service, he had accumulated at least $5 billion in assets. It is reported that he amassed his fortune via the stakes he acquired while serving in government. But he has already disproved Forbes' allegation that his fortune was $12 billion in 2011. The wealthiest politicians.

3. Saraki's $2 billion

Nigeria's 13th Senate President, Bukola Abubakar Saraki, served from 2015 to 2019. He served as governor of Kwara State in the past. 
Despite having a legitimate MBBS Certificate, he is interested in politics and leadership despite being a recognized medical doctor. His father, Olusola Saraki, served as governor of Kwara State, which may have influenced his interest in politics. 

4. David Mark - $2 Billion

Benue State Senator David Mark presently holds office. When it comes to politics, he's held roles like Senate President, Military Governor of Niger, and Army Brigade General. 
Since 1999, he has held a variety of positions in the Senate. It's estimated that he's worth $2 billion at the time of this writing.

5. Atiku Abubakar GCON - $1.8 billion

To begin with, Atiku is a politician and businessman from Nigeria. He was governor of Adamawa State under the Olusegun Obasanjo administration. 
The father of twenty-eight children, he was married four times. Since he was an only kid, he said that he desired a big family. 
The fact that Atiku ran for Nigerian president five times in succession suggests he's a tough leader, but he came up short each time. 
Even as a young Customs officer, Abubakar was always a businessman at heart. For the construction and renovation of the residences he eventually sold, he obtained financing. He was laying the groundwork for a career in real estate. 
A poor yield in the first year of cultivating led him to shut the page on that particular chapter. It was in commerce and trade that he made a sizable profit. 
He is unquestionably a successful businessman, and no complaints have been made against him because of this. His net worth is estimated at $1.8 billion dollars.

6. Ifeanyi Ubah - $1.7 Billion

Currently serving as the Senator for the Anambra North Senatorial District, Ifeanyi Patrick Ubah is a Nigerian politician, business magnate, and entrepreneur. 
When he formed the oil company, Capital Oil (CCO), in 2001, he was named its CEO. 
Due to financial constraints, he was unable to continue his degree. This led to his first forays into the world of formal business education, which he pursued both locally and abroad. 
It was with this understanding that he began enterprises in African nations including Sierra Leone, Liberia and the Democratic Republic of Congo. He went on to broaden the company's scope to cover Europe. 
A Nigerian daily newspaper called "The Authority Newspaper," an oil company, and a football club called Ifeanyi Ubah F.C. were all started by him. 
Forgery of a NECO certificate led to his dismissal from the Senate in 2019. 
His net worth of $1.7 billion reflects his success in the business world.
Read more