Top 20 richest politicians in Nigeria 2024

There have been quite a few debates and assertions suggesting that politics is probably the most profitable enterprise in Nigeria. Whereas this assertion entails many complexities, a broad overview of Nigeria’s political elite seems to validate this declare. Not like the vast majority of the Nigerian populace, most of those people wield appreciable wealth and possess intensive property holdings in unique high-end neighborhoods.

Though it’s extensively believed that many of those politicians amass their wealth by misappropriation of public funds, it’s important to acknowledge that some acquired their riches previous to coming into politics. To completely look at this assertion, we now have compiled a listing of the highest 20 wealthiest politicians in Nigeria. We may even delve into the origins of their wealth and scrutinize any corruption allegations and fees they might face.

It’s important to emphasise that the aim of this text is solely for informational aims and never supposed to tarnish the picture of any politician. Immediately, listed here are the highest 20 wealthiest politicians within the nation.

1. Bola Ahmed Tinubu  $8.4 billion

Bola Ahmed Tinubu, a former governor of Lagos State (1999-2007), is famend for his multifaceted profession in politics and enterprise. He performed a pivotal position within the restoration of democracy in Nigeria through the late Nineties, marking the onset of his political journey. As governor, Tinubu earned approval for his transformative insurance policies that propelled Lagos State right into a thriving financial middle by outstanding infrastructural improvement initiatives.

Tinubu’s strategic acumen in politics led to the founding and management of the All Progressives Congress (APC), a formidable political drive that clinched energy on the nationwide degree. His adept navigation of Nigeria’s political panorama and adept alliance-building have solidified his standing as a key determine in governance.

Along with his political endeavors, Tinubu has established himself as a seasoned entrepreneur with investments spanning media, actual property, telecommunications, and oil and gasoline sectors. His ventures haven’t solely contributed to financial progress and job creation but additionally enhanced his fame as a savvy businessman.

Tinubu’s estimated internet price of $8.4 billion positions him because the wealthiest politician in Nigeria. Hypothesis surrounds his wealth and actual property holdings, with some attributing them to his political affect. Regardless of controversies, Tinubu’s affect and success in each politics and enterprise stay simple.

2. Ibrahim Badamasi Babangida – $5 billion

Fondly recognized by his initials IBB, Babangida is a former Common within the Nigerian military and ex-head of state, rating among the many wealthiest politicians in Nigeria with an estimated internet price of $5 billion. He held the reins of the Federal Republic of Nigeria from August 27, 1985, till his retirement in August 1993.

Earlier than assuming energy, Babangida served as Chief of Military Employees from 1984 to 1985, throughout which he orchestrated a palace coup d’état, ousting Muhammadu Buhari from workplace. His pursuit of affect and energy considerably influenced Nigeria’s political trajectory.

As a army dictator, he carried out financial reforms that liberalized the nation’s markets, attracting overseas funding and fostering progress. Nevertheless, his regime confronted allegations of corruption and human rights violations, tarnishing his fame. Publish-retirement, Babangida retained important affect in Nigerian politics, exerting energy behind the scenes.

Within the enterprise enviornment, he capitalized on his connections, establishing profitable ventures throughout varied sectors. Whereas many platforms estimate his price at $5 billion, Forbes reported a internet price of roughly $12 billion in 2011/12.

Like different politicians on this checklist, Babangida has confronted accusations of exploiting political affect for private achieve. Regardless of his ambition and strategic imaginative and prescient, controversies shadow his legacy, leaving a nuanced impression on Nigeria’s political and enterprise panorama.

3. Andy Uba – 2.1 billion

Andy Uba, an APC stalwart and former senator representing the Anambra South Senatorial District from 2011 to 2019, ranks amongst Nigeria’s wealthiest politicians. Earlier than his illustrious political profession, Uba navigated a various profession path encompassing the company world and entrepreneurship.

Uba rose to nationwide prominence as a senior particular assistant to President Olusegun Obasanjo, showcasing his management capabilities. In 2007, he secured the governorship place in Anambra State, serving a difficult time period marked by authorized battles and controversies.

Past politics, Uba has demonstrated outstanding enterprise acumen, establishing profitable ventures throughout varied sectors. Nevertheless, his political journey has been marred by allegations of defection and questionable monetary dealings.

With an estimated internet price of $2.1 billion, largely attributed to his enterprise ventures, Uba’s success stems from a lifelong dedication to entrepreneurship. Whereas at present not holding any political workplace, he stays affiliated with the All Progressive Congress, Nigeria’s ruling social gathering.

4. Abubakar Bukola Saraki – $2 billion

Bukola Saraki, a former Governor of Kwara State and Senator of the Federal Republic of Nigeria, joins the ranks of Nigeria’s wealthiest politicians, boasting an estimated internet price of $2 billion. Born in the UK, Saraki has emerged as a outstanding determine in Nigerian politics, leaving an indelible mark on the nation’s political panorama.

Famend for his eloquence and strategic acumen, Saraki has held key positions and wielded important affect all through his profession as each a businessman and politician. Throughout his tenure as Governor of Kwara State from 2003 to 2011, he spearheaded varied developmental initiatives and insurance policies that positively impacted the lives of his constituents.

Subsequently, Saraki transitioned to the Nigerian Senate, representing Kwara Central, and ascended to the position of Senate President from 2015 to 2019, the place he performed a pivotal position in legislative affairs and exerted substantial affect. His management was characterised by a dedication to advancing nationwide pursuits, selling transparency, and fostering good governance.

Previous to his illustrious political profession, Saraki served in Société Générale Financial institution (Nig) Ltd from 1990 to 2000, in the end rising to the place of Director. Aside from politics, he has been actively concerned in enterprise ventures and philanthropy, using his sources to drive constructive change throughout varied sectors.

Saraki’s unwavering dedication to public service and adept navigation of Nigeria’s political panorama have cemented his standing as a notable determine within the nation’s political enviornment. He at present belongs to the Peoples Democratic Social gathering (PDP). Whereas a lot of Saraki’s wealth is attributed to his enterprise endeavors, the potential affect of his political positions throughout his time in workplace can’t be ignored.

5. David Mark – $2 billion

Born on April eighth, 1948, David Mark hails from Benue State, Nigeria, sometimes called the nation’s “meals basket” state. As a outstanding Nigerian politician, Mark has carved out a distinguished profession that has left a long-lasting imprint on Nigeria’s political panorama. Famend for his composed and considerate demeanor, he has occupied varied pivotal roles all through his journey.

Mark initially launched into a army profession earlier than transitioning to civilian politics, the place he assumed key positions similar to Minister of Communications and Minister of Protection, demonstrating his versatility. Nevertheless, it was throughout his tenure because the President of the Nigerian Senate that Mark really distinguished himself.

His adept dealing with of legislative intricacies earned him respect and admiration from his friends. Serving as Senate President from 2007 to 2015, Mark labored tirelessly to foster collaboration amongst lawmakers and prioritize the pursuits of the Nigerian populace.

Acknowledged for his inclusive strategy and steadfast dedication to upholding the rule of legislation, Mark devoted himself to advancing nationwide unity and enhancing the welfare of his nation. Regardless of encountering challenges and controversies typical of Nigerian politics, Mark’s unwavering dedication to public service and his real want to uplift Nigeria have solidified his affect and respect in Nigerian politics.

With an estimated internet price of roughly $2 million, Mark occupies the fifth place amongst Nigeria’s wealthiest politicians. It’s extensively believed that his important wealth accumulation stems not solely from his practically decade-long tenure as Senate President but additionally from his earlier position as Communications Minister overseeing the Nigerian Telecommunications Restricted (NITEL) and Nigerian Postal Service (NIPOST).

6. Atiku Abubakar – $1.8 billion

Atiku Abubakar, with an estimated internet price of $1.8 billion, ranks amongst Nigeria’s wealthiest politicians. He served because the Vice President of Nigeria from 1999 to 2007, beneath the presidency of Olusegun Obasanjo. Abubakar spent twenty years within the Nigeria Customs Service, attaining the place of Deputy Director, the second-highest rank on the time. Transitioning from the army in April 1989, he ventured into full-time enterprise and politics.

In 1991, Abubakar contested for the governorship of the previous Gongola State (now Adamawa and Taraba States), and in 1993, he vied for the presidency however was unsuccessful. Regardless of his quite a few makes an attempt, he has contested for the presidency of Nigeria 5 instances (in 2003, 2007, 2015, 2019, and 2023), with out clinching victory.

Concerning his wealth, Abubakar is well known as one among Nigeria’s prosperous people. Although exact figures are elusive, estimates of his internet price vary from a number of hundred million to over a billion {dollars}. His wealth is believed to have been amassed by varied ventures, together with investments in actual property, logistics, agriculture, and schooling, each nationally and internationally.

Nevertheless, Abubakar’s wealth accumulation has not been devoid of controversy and criticism. He has confronted allegations of corruption and questionable monetary practices, with critics questioning the sources of his wealth and accusing him of leveraging political connections for private achieve. These controversies have spurred debates and investigations, casting a shadow over his monetary dealings and contributing to the blended perceptions surrounding his wealth accumulation. In response to varied sources, his internet price is estimated at $1.8 billion.

7. Ifeanyi Ubah – $1.7 billion

Ifeanyi Ubah, a Nigerian entrepreneur and politician, boasts an estimated internet price of $1.7 billion, solidifying his place as one of many wealthiest businessmen and politicians in Nigeria. Ubah has demonstrated a outstanding skill to navigate each the realms of enterprise and politics, reaching success in each arenas.

Along with his vibrant and revolutionary spirit, Ubah has ventured into varied sectors, establishing thriving enterprises which have considerably contributed to job creation and financial progress, each regionally in his hometown and throughout the nation. Hailing from a household of 9 and dealing with monetary challenges, Ubah’s formative years noticed him leaving faculty at a younger age to pursue commerce and entrepreneurship.

Along with his enterprise ventures, Ubah has actively engaged in politics, striving to enact constructive change in Nigeria. He efficiently ran for the Senate representing Anambra South, incomes a seat within the Nigerian Senate. All through his political profession, Ubah has been a vocal advocate for causes similar to youth empowerment, schooling, and infrastructure improvement.

Regardless of encountering controversies, which aren’t unusual in politics, Ubah’s grassroots strategy and dedication to bridging the hole between the federal government and the individuals have garnered widespread help. Nevertheless, his political journey has not been with out peril, as evidenced by a near-fatal assassination try in 2022, highlighting the dangers concerned in public service.

General, Ifeanyi Ubah’s dynamic mix of enterprise acumen and political activism has left a major impression on Nigeria’s socio-economic panorama, incomes him admiration and respect from many quarters.

8. Olusegun Obasanjo – $1.6 billion

Olusegun Obasanjo, a outstanding Nigerian statesman and the primary democratic President of Nigeria within the 4th Republic, performed a pivotal position within the formation of the Folks’s Democratic Social gathering (PDP) in 1998, which emerged as a dominant drive in Nigerian politics for a number of years.

As a member of the PDP, Obasanjo held important positions, together with two phrases because the President of Nigeria, from 1999 to 2007. Throughout his presidency, he made notable strides in financial reform, anti-corruption measures, and infrastructural improvement.

Obasanjo’s background as a former army head of state lent him credibility and affect, and his management model and knack for constructing strategic alliances garnered help from varied political stakeholders. His dedication to democratic governance and imaginative and prescient for a affluent Nigeria earned him widespread common help.

Whereas Obasanjo’s internet price will not be publicly declared, estimates from varied sources peg it at round $1.6 billion, positioning him among the many richest politicians in Nigeria. His earnings sources embrace his pension as a retired army and political officer, e book royalties, and numerous enterprise ventures.

Stories point out that Obasanjo has investments in sectors similar to agriculture, telecommunications, and power. He’s the proprietor of Otta Farms, one of many largest hen poultries in West Africa, and is concerned in oil manufacturing and distribution in Nigeria.

Nevertheless, Obasanjo’s wealth accumulation has not been proof against controversies and criticisms, with considerations raised concerning the transparency and legitimacy of sure enterprise offers and acquisitions related to him.

9. Rochas Okorocha – $1.4 billion

Rochas Okorocha, a former Governor of Imo State and the present Senator representing the Imo West Senatorial district on the ninth Nigerian Senate, boasts an estimated internet price of $1.4 billion, positioning him amongst Nigeria’s wealthiest politicians.

Partaking in politics following the restoration of democracy in 1999, Okorocha garnered a considerable following, main him to contest for Governor within the 2007 common election beneath the Peoples Democratic Social gathering (PDP). Subsequently, he joined the All Progressive Grand Alliance (APGA) forward of the 2011 common election earlier than transitioning to the APC. Okorocha was elected governor of Imo State in 2011 and served two phrases.

The majority of Okorocha’s wealth is attributed to his political profession and enterprise ventures, encompassing investments in actual property, agriculture, and oil and gasoline, alongside stakes in a number of Nigerian banks. Nevertheless, Okorocha’s wealth accumulation has not been proof against controversies and criticisms, with allegations of corruption and misappropriation of public funds surfacing throughout his gubernatorial tenure.

Critics have raised considerations over the obvious disproportionality between Okorocha’s huge wealth and his recognized sources of earnings. These controversies have sparked inquiries into the transparency and accountability of his monetary transactions, leading to ongoing investigations and authorized disputes.

Regardless of these allegations, Okorocha maintains that his wealth is the product of diligent work and profitable enterprise endeavors, vehemently refuting accusations of impropriety. Nonetheless, the scrutiny surrounding his monetary dealings persists, casting a shadow over his political and enterprise endeavors.

10. Orji Uzor Kalu – $1.1 billion

Orji Uzor Kalu, a outstanding businessman and politician, served because the Governor of Abia State and was the flag bearer of the Peoples Democratic Social gathering from 1999 to 2007. He’s the chairman and CEO of the SLOK Holdings group, which has diversified pursuits spanning manufacturing, oil and gasoline, banking, and media.

Kalu pursued enterprise administration on the College of Maiduguri and later attended Harvard Enterprise College. He ventured into politics in 1992, profitable a seat within the Home of Representatives, the place he served because the Chairman of the Home Committee on Customs and Excise. In 1999, he was elected Governor of Abia State, finishing two phrases in workplace.

Kalu’s political success could be attributed to his charismatic character, oratory expertise, and his background as a affluent businessman, which supplied him with the monetary means to help his political ambitions. Stories recommend that Kalu’s internet price is within the tons of of hundreds of thousands of {dollars}.

In response to Forbes, Kalu borrowed $35 from his mom to provoke his enterprise ventures, later diversifying into furnishings manufacturing and transportation. By the age of 20, he had amassed appreciable wealth, incomes him a spot because the forty ninth on Africa’s 50 Richest Web Price checklist in 2015.

Undoubtedly, Kalu ranks amongst Nigeria’s most profitable and prosperous politicians, with an estimated internet price of $1.1 billion. Whereas his achievements in enterprise have granted him substantial monetary sources, criticisms and controversies concerning his wealth accumulation persist, tarnishing his general legacy.

11. Daisy Danjuma – $900 million

Daisy Danjuma, a Nigerian politician and businesswoman, ranks among the many richest politicians in Nigeria, holding a outstanding place because the wealthiest feminine politician within the nation, with an estimated internet price of $900 million.

Danjuma launched into her profession journey as an Govt Assistant at Nigerian Acceptances Restricted (NAL) from 1977 to 1978, adopted by a major position as Firm Secretary/Authorized Adviser on the Nigerian Tv Authority (NTA) from 1982 to 1992. She later ventured into politics and served as a Senator representing the Edo senatorial district from 2003 to 2007, although she did not safe re-election within the 2011 Nigeria common election for a second time period.

Past her political endeavors, Danjuma boasts a distinguished lineage because the spouse of Common Theophilus Danjuma, a extremely completed businessman and former army officer. Her enterprise pursuits span numerous sectors together with oil and gasoline, telecommunications, actual property, and philanthropy.

Danjuma has additionally made important contributions as a board member of assorted private and non-private corporations, serving as a director of the outstanding petroleum firm South Atlantic Petroleum (SAPETRO) and assuming the position of chairperson at Could & Baker Nigeria PLC, a number one pharmaceutical manufacturing firm, in 2019.

Nevertheless, the Danjuma household’s fortune has not been proof against scrutiny and controversy. Questions have been raised concerning the transparency and equity of their enterprise dealings, with some suggesting that their wealth could have been amassed by questionable means. These criticisms have underscored the necessity for higher transparency and accountability within the household’s monetary actions.

12. Ahmadu Adamu Mu’azu – $895 million

Ahmadu Adamu Mu’azu, a Nigerian politician, served two phrases because the Governor of Bauchi State from 1999 to 2007. He later resigned because the Chairman of the Peoples Democratic Social gathering (PDP) in 2015 on account of stress from social gathering leaders, stakeholders, and supporters.

Mu’azu pursued his schooling at Ahmadu Bello College, acquiring a level in Political Science, adopted by a grasp’s diploma in Public Administration from the College of Maiduguri. His political profession started within the Nineteen Seventies as a member of the Bauchi State Home of Meeting, ultimately ascending to the Senate, the place he served because the Minority Chief.

Previous to his political engagements, Mu’azu labored as a Amount Surveyor/Venture Supervisor within the Ministries of Well being and Social Welfare, Youth, Sports activities, and Tradition in Kano State. He additionally held the place of property supervisor on the Bauchi State Funding and Property Growth Firm. Transitioning to the non-public sector, Mu’azu engaged in enterprise ventures till his election as state governor in 1999.

With an estimated internet price of $895 million, Mu’azu ranks twelfth amongst Nigeria’s richest politicians. Stories recommend that his earnings stems primarily from salaries, allowances, and enterprise endeavors, though specifics about his enterprise actions will not be extensively out there. Nonetheless, controversies and criticisms have surfaced concerning the transparency and legitimacy of his wealth accumulation.

13. Dino Melaye – $800 million

Dino Melaye, a former senator within the eighth Nigerian Nationwide Meeting and an aspiring governor of Kogi State, secures the thirteenth place amongst Nigeria’s wealthiest politicians, boasting an estimated internet price of $800 million. Recognized for his sturdy vigor and political prowess, Melaye has carved a major area of interest for himself within the political panorama.

An ardent educational, Melaye pursued his schooling at Ahmadu Bello College, acquiring a level in Geography, and subsequently, a legislation diploma from the College of Lagos. His foray into politics commenced in 2003 together with his election to the Kogi State Home of Meeting. Later, he clinched a seat within the Nigerian Senate in 2015, the place he emerged as a vocal critic of presidency insurance policies perceived as unfavorable.

Throughout his tenure within the Senate, Melaye served on varied influential committees, together with these targeted on Petroleum Upstream, Military, and Native and Overseas Debt. His recognition stems not solely from his legislative roles but additionally from his flamboyant model and shut ties to the Nigerian leisure business.

Melaye has cultivated a sturdy help base by his populist rhetoric, charming public talking expertise, and lively presence on social media platforms. His skill to seize consideration and successfully convey his message has resonated with many Nigerians, significantly the youth demographic.

With an estimated internet price primarily sourced from his political profession, together with salaries, allowances, and advantages as a legislator, Melaye has additionally ventured into enterprise endeavors, notably in actual property and the leisure business, additional bolstering his monetary standing and solidifying his standing as one among Nigeria’s wealthiest politicians.

14. Rotimi Amaechi – $780 million

Chibuike Rotimi Amaechi, the previous Minister of Transportation, held workplace from 2015 to 2022 and stood as an APC major aspirant within the 2023 election. Hailing from Rivers State, he served because the Governor for 2 consecutive phrases from 2007 to 2015, preceded by his position because the Speaker of the Rivers State Home of Meeting from 1999 to 2007.

Amaechi’s numerous earnings streams embody enterprise investments, notably within the maritime and transportation sectors, with politics constituting a major income supply. Famend for his penchant for luxurious autos, he owns a formidable assortment together with a Mercedes-Maybach Imaginative and prescient 6, a Mercedes Amg G63, a Mercedes S550, a Land Rover Discovery, and a Lexus LX 570.

Previous to his illustrious political profession, Amaechi was related to Pamo Clinics and Hospitals Restricted and held directorial positions in corporations similar to West Africa Glass Trade Restricted and Risonpalm Nigeria Restricted. Holding a level in English Research and Literature from the College of Port Harcourt since 1987, Amaechi lately expanded his educational credentials by incomes a legislation diploma.

Nevertheless, allegations of improper monetary practices and questions surrounding the origins of his wealth have solid a shadow over Amaechi’s political trajectory. These controversies have prompted scrutiny and debates concerning the transparency and accountability of public officers in Nigeria, underscoring the challenges inherent within the nation’s political panorama.

15. Ben Murray-Bruce – $715 million

Ben Murray-Bruce is a outstanding Nigerian businessman turned politician, celebrated for his outstanding achievements in each realms. With a formidable internet price of $175 million, he stands as one among Nigeria’s wealthiest politicians.

In 2011, Murray-Bruce ventured into politics with a gubernatorial bid in Bayelsa State beneath the Folks’s Democratic Social gathering (PDP). Regardless of excessive hopes, his aspirations have been dashed when he was disqualified through the screening course of.

Undeterred, Murray-Bruce boldly introduced his candidacy for the Bayelsa East Senatorial District within the Nationwide Meeting on twenty seventh October 2014, as soon as once more representing the PDP. Towards formidable odds, he emerged victorious, serving as a senator from 2015 to 2019.

Throughout his tenure, Murray-Bruce distinguished himself by advocacy for youth empowerment, entrepreneurship, and financial improvement. His political contributions have been mainly targeted inside Nigeria, the place he has actively engaged in shaping the nation’s political panorama.

Rooted in enterprise, Murray-Bruce based the Silverbird Group, a diversified leisure and media conglomerate. The group encompasses tv and radio stations, cinemas, and actual property investments. His success within the enterprise sector has considerably bolstered his general internet price, solidifying his stature as one among Nigeria’s wealthiest politicians.

16. Stella Oduah – $600 million

Stella Oduah, the second feminine politician on this roster of Nigeria’s wealthiest politicians, has left an indelible mark within the nation’s political panorama. Serving because the Minister of Aviation throughout President Goodluck Jonathan’s administration from 2011 to 2014, Oduah spearheaded transformative initiatives aimed toward revitalizing Nigeria’s aviation sector.

Previous to her foray into politics, Oduah loved a thriving profession within the non-public sector, notably within the oil and gasoline business. Her intensive expertise and experience on this sector possible contributed to her appointment as Minister of Aviation. Subsequently, Oduah transitioned into a brand new part of her political journey in 2015, securing a seat within the Nigerian Senate. Representing the Anambra North Senatorial District beneath the Folks’s Democratic Social gathering banner, she continued her dedication to public service and legislative duties.

Regardless of her public service earnings and earnings from non-public enterprises, Stella Oduah’s wealth sources have confronted scrutiny and controversy. Oduah’s involvement within the oil and gasoline sector, predating her political profession, has contributed to her monetary portfolio. Nevertheless, her wealth accumulation has been marred by allegations of monetary impropriety.

In 2013, Oduah confronted accusations concerning the acquisition of armored autos for the Nigerian Civil Aviation Authority, sparking controversy and casting shadows over her monetary dealings. However, her estimated internet price of $600 million cements her standing as one among Nigeria’s wealthiest politicians and senators, albeit amid ongoing controversies and criticisms.

17. Nyesom Wike – $550 million

Nyesom Wike, the previous governor of Rivers State, emerges as one among Nigeria’s wealthiest politicians, boasting an estimated internet price of $550 million. Previous to his present endeavors, Wike served because the Minister of the Federal Capital Territory and held the gubernatorial place in Rivers State from 2015 to 2023.

Wike’s political journey commenced in 1999 when he assumed the position of chairman of his native authorities, Obio Akpor. Subsequently, he ascended to increased positions, serving because the Chief of Employees to the Rivers State Governor from 1999 to 2007 and later transitioning to the position of Minister of State for Training from 2011 to 2015.In March 2022, Wike made headlines together with his announcement of a presidential bid for the 2023 Common Election beneath the Folks’s Democratic Social gathering, though he confronted defeat through the social gathering primaries, encountering stiff competitors from Atiku Abubakar.Wike’s earnings sources embody his earnings and advantages as a public servant, spanning his tenures as a minister and governor. Moreover, he has ventured into enterprise pursuits and investments, though specifics stay undisclosed. Criticisms have surfaced concerning the origins of his wealth, with questions raised about its alignment together with his declared earnings.Regardless of controversies and scrutiny, Wike maintains his standing as one among Nigeria’s wealthiest politicians, with an estimated internet price of $550 million.

18. Godswill Akpabio – $530 million

Godswill Akpabio, the President of the fifteenth Nigerian Senate, stands as one of many nation’s wealthiest and most influential politicians, boasting an estimated internet price of $530 million. Akpabio, additionally a lawyer by career, held the place of governor of Akwa Ibom State from 2007 to 2015 and served because the Minister for Niger Delta Affairs from 2019 to 2022. Moreover, he at present serves as a Senator representing the Akwa Ibom North-West Senatorial District.

Akpabio’s political ascent started inside the Folks’s Democratic Social gathering (PDP), culminating in his election because the Governor of Akwa Ibom State, the place he served two consecutive phrases from 2007 to 2015. Moreover, he assumed the position of Minister of Niger Delta Affairs in 2019, leveraging his affect to drive improvement initiatives within the area.

Within the early levels of his political profession, Akpabio held notable positions similar to Honorable Commissioner for Petroleum and Pure Assets. His tenure from 2002 to 2006 noticed him function Commissioner throughout three pivotal ministries: Petroleum and Pure Assets, Native Authorities and Chieftaincy Affairs, in addition to Lands and Housing.

Nevertheless, like a lot of his friends, Akpabio’s wealth accumulation has confronted scrutiny and controversy. Speculations and experiences have prompt that a good portion of his wealth could have been acquired by alleged misappropriation of public funds and embezzlement. These allegations have sparked debates and investigations into the sources of his wealth, casting a shadow over his political legacy.

19. Adams Oshiomole – $500 million

Adams Oshiomhole, an APC Chieftain and former governor of Edo State, ranks nineteenth amongst Nigeria’s wealthiest politicians, boasting an estimated internet price of $500 million. At present serving as a senator representing the Edo North Senatorial District, Oshiomhole has made important strides each in Nigerian politics and on the worldwide stage.

Oshiomhole’s political journey commenced together with his management roles inside Nigeria’s labor motion. He served because the president of the Nigeria Labour Congress from 1999 to 2007, advocating for staff’ rights and welfare. Throughout his tenure, he negotiated substantial wage will increase for public sector staff and led campaigns towards excessive oil costs.

Previous to his governorship, Oshiomhole served because the Common Secretary of the Nationwide Union of Textile, Garment, and Tailoring Staff of Nigeria, demonstrating his dedication to bettering the circumstances of Nigerian staff. His management prowess prolonged to the worldwide enviornment, the place he represented African staff on the Governing Physique of the Worldwide Labour Group (ILO) for 2 phrases.

As governor of Edo State from 2008 to 2016, Oshiomhole carried out progressive insurance policies and initiated infrastructural developments that propelled the state ahead. Moreover, he performed a pivotal position because the Nationwide Chairman of the APC from 2018 to 2020, steering the social gathering and influencing its insurance policies.

Aside from his political engagements, Oshiomhole has diversified his pursuits into varied enterprise ventures, together with actual property and consultancy companies. Nevertheless, controversies have arisen surrounding the sources of his wealth, with some critics questioning the legitimacy of his earnings sources and alleging potential corrupt practices or abuse of energy. Regardless of these criticisms, Oshiomhole stays a outstanding determine in Nigerian politics, leveraging his affect to drive change and improvement.

20. Oluremi Tinubu ($400 Million)

Oluremi Tinubu, a former senator and the present First Woman of Nigeria, stands as one of many wealthiest politicians within the nation, boasting an estimated internet price of $400 million. Her political journey has been marked by dedication to public service and initiatives aimed toward empowering youth and selling group improvement.

Throughout her tenure because the First Woman of Lagos State from 1999 to 2007, alongside her husband’s governance, she based the New Period Basis. This group was dedicated to fostering the holistic improvement of younger people and elevating public consciousness on environmental well being and group service.

As a senator representing the Lagos Central Senatorial District from 2011 to 2023, Tinubu continued her advocacy for human empowerment. She championed insurance policies aimed toward uplifting marginalized communities and enhancing alternatives for youth throughout Nigeria. Notably, she advocated for the institution of state police to deal with the nation’s rising insecurity points.

Moreover, Tinubu spearheaded legislative efforts to reform the Nigerian Postal Service (NIPOST), aiming to revitalize and modernize its operations to make sure its sustainability and effectiveness.

Along with her legislative work, Tinubu has actively engaged in youth empowerment initiatives, collaborating with organizations just like the Good Boys and Women Empowerment Scheme (GBGES). By means of these efforts, she has impacted the lives of quite a few younger people, offering them with coaching, start-up kits, and monetary help to pursue their entrepreneurial endeavors.

Tinubu’s contributions to society have been acknowledged by varied awards and honors, together with the Officer of the Order of the Niger (OON) nationwide award and the Ghana Noble Worldwide Award for Management. Her dedication to service and dedication to uplifting others have earned her widespread acclaim and admiration each nationally and internationally.

By RemmyTex

Remmytex is a blogger, promoter, entrepreneur and and a businessman. Call or send a Whatsapp message for more information on +2349075664854 or you can email remmytexblog1@gmail.com

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