Top 10 Most Richest Politicians In Nigeria In 2024

In this article I will be sharing with you the top 10 richest politicians in Nigeria in 2024 and their net worth. Who do you think is the richest politician in Nigeria in 2024? It is without doubt that Nigerian politicians are the wealthiest people in the country, owning to the fact that they are the highest-paid public officers in the country and have access to the nation’s wealth.

Nigeria’s main source of revenue is crude oil, which is one of the world’s most precious resources, and the country is also blessed with numerous natural resources in every corner, however, some of these politicians are also the most corrupt in Nigeria. So therefore, after a careful study and research I present to you the top 10 most richest politicians in Nigeria in 2024 and their net worth.

10. Dino Melaye

Making the number 10 on our list of the top 10 richest politicians in Nigeria in 2024 is Dino Melaye. In the history of Nigeria, Dino Melaye has been the most entertaining politician ever! He was born on 1st January, 1974 and hails from Kogi State. He was a Senator and a member of the 8th National Assembly, representing Kogi West Senatorial district before being sacked by the gubernational election tribunal of the state in late August 2019. He has an estimated net worth of $900 million. Dino Melaye has luxurious cars like Bugatti Veyron worth over ₦616 million, 3 Roll-Royces worth over ₦318 million, a Lamborghini Huracan worth over ₦86.7 million, a Bentley Continental worth over ₦71 million and many more.

9. Ahmadu Adamu

Making the number 9 on our list of the top 10 richest politicians in Nigeria in 2024 is Ahmadu Adamu. He was the former governor of Bauchi State as well as the former chairman of the Peoples Democratic Party (PDP). He also served as property manager of the Bauchi State Investment and Property Development Company. He has an estimated net worth of $1 billion. He has many assets and real estate investments, putting him in the list of top ten richest politicians in Nigeria. In April 2019, the Economic and Financial Crimes Commission (EFCC) accused him of $50 million fraud. Ahmadu Adamu has in his garage a Lexus LX570, a Range Rover Discovery and a Toyota Sequoia, amongst other luxury rides.

8. Rotimi Amaechi

Making the number 8 on our list of the top 10 richest politicians in Nigeria in 2024 is Rotimi Amaechi. He served as governor of Rivers State from 2007 to 2015, and currently serving the Minister of Transportation in Nigeria. He was born on 27th May 1965. He has an estimated net worth of $1.2 billion. Rotimi Amaechi has for his own fleet of luxury cars including a Mercedes-Maybach Vision 6, a Mercedes AMG G63, Mercedes S550, a Land Rover Discovery, a Lexus LX 570, amongst others. Although he claims not to own a private jet but there is a high chance he owns a Brazillian Embraer Legacy Private Jet worth about N9 billion.

7. Rochas Okorocha

Making the number 7 on our list of the top 10 richest politicians in Nigeria in 2024 is Rochas Okorocha. He was the former governor in Imo State. He was thriving in business before he joined politics. He is the founder of Rochas Okorocha Foundation, a non-profit organization that builds colleges for poor children. In 2018, Rochas Okorocha was listed as the number one richest politicians in Nigeria with a net worth of $1.5 billion. He owns an impressive garage that houses a Rolls-Royce Phantom, a Mercedes-Benz S600, a Mercedes-Benz Klassen V220, a Mercedez Benz AMG63, a Lexus LX 570, a private jet, among other luxury cars. A few years ago, he was said to own three private jets by another governorship aspirant but according to Rochas Okorocha, he owns just two, which he purchased before becoming a governor. One of his private jets, LearJet 45, is worth over N700 million.

6. Orji Uzor Kalu

Making the number 6 on our list of the top 10 richest politicians in Nigeria in 2024 is Orji Uzor Kalu. The former governor of Abia State was born on April 21, 1960 and is one of the richest politicians in Nigeria. Before his election, he was the chairman of Cooperative and Commerce Bank Limited. He is the current chairman of SLOK Holding, the New Telegraph and the Daily Sun. He holds stakes in Enyimba FC of Aba. He has an estimated net worth of $2.1 billion. Orji Uzor Kalu owns several mansions across high-ranking locations in Nigeria. He also owns a home in Maryland, USA. In 2014, Uzor Kalu acquired what is believed to be his 5th private jet, the Gulfstream G650 model, which is worth a whopping sum of ₦11.5 billion. Another news about his 7th jet was published in 2018. Orji Uzo Kalu’s garage is filled with exotic cars including a Bentley, a Range Rover, a Mercedes Benz S550 and a Mercedes Benz C Class, amongst others.

5. Ifeanyi Ubah

Making the number 5 on our list of the top 10 richest politicians in Nigeria in 2024 is Ifeanyi Ubah. He is a businessman who already built a fortune for himself before choosing to go into politics to serve Nigeria. Growing up he had to drop out of school to become a trader, later luck shone on him at age 19, when he hit his first million. In 2014, he contested for the governorship of Anambra State and lost. However, in 2019, he contested for a seat in the Nigerian Senate to represent Anambra South Senatorial District, which he won. He has an estimated net worth of $2.2 billion. Apart from owning a football club called Ifeanyi Ubah FC, he is also the chairman, board of directors of Capital Oil. Ifeanyi Ubah is a real car collector who owns an extremely expensive Roll-Royce, a Land Rover, a Cadillac Escalade, a Toyota Land Cruiser and a Toyota Highlander. Ifeanyi Ubah also flies an Embraer Legacy 600 private jet worth over $31 million.

4. Atiku Abubakar

Making the number 4 on our list of the top 10 richest politicians in Nigeria in 2024 is Atiku Abubakar, He served as the Vice President of Nigeria from 1999 to 2007, with Olusegun Obasanjo as president. He was also a comptroller general of the Nigerian Customs for 20 years and made a fortune from this position. He has an estimated net worth of $2.5 billion. He also owns variety of businesses in Nigeria ranging from beverage, media, education, amongst others. Atiku Abubakar hails from Adamawa State and was born on 25th November 1946. He has five wives and 26 children. He owns an Embraer Phenom 100 private jet worth over $4.1 million and a $2.9 million mansion near Potomac, Maryland, USA. Among many luxury cars he rides are a Range Rover, a Mercedes S550, a Lexus 570, a Toyota Land Cruiser and many more. He is currently a presidential aspirant in the 2023 upcoming general election in Nigeria.

3. Ibrahim Babangida 

Making the number 3 on our list of the top 10 richest politicians in Nigeria in 2024 is Ibrahim Babangida. He was born on 17th August 1941 in Niger State. He is a businessman and a politician who served as Nigeria’s military president from August 1985 to August 1993. IBB is mostly famous for the annulment of the June 12, 1993, general election, during which MKO Abiola was the supposed winner. He has an estimated net worth of $5 billion. He has allegedly appropriated a lot of money during his tenure as Major General of the Nigerian army and Nigeria military head of state, which he publicly denied. He also owns 65% shares of the London-based Fruitex International Limited and 24% shares of Nigeria’s second-largest telecom company, Globacom. He has in his garage a BMW 760LI worth over ₦35.2 million, a 2015 Mercedes-Benz S Class worth over ₦33.7 million, a Toyota land Cruiser worth over ₦30.6 million, among other luxury cars. He also flies a private jet worth over ₦594.7 million.

2. Olusegun Obasanjo

Making the number 2 on our list of the top 10 richest politicians in Nigeria in 2024 is Olusegun Obasanjo. He was born on 5th March 1938 in Ogun State. The former Nigerian Army General also served twice as Nigeria’s Head of State, first as a military ruler from 1976 to 1979, and as a civilian president from 1999 to 2007. He has an estimated net worth of $5.5 billion. Obasanjo reportedly owns Otta Farms, one of the largest chicken poultries in West Africa. Although not of general knowledge, he is also involved in over 6.5% of the total major oil production, marketing, and distribution in Nigeria. He has in his garage a Mercedes-Benz S63 Sedan, a Lexus 570, a Toyota Land Cruiser and a Toyota Highlander 2017. He also owns a Bombardier Challenger 300 jet and a Helicopter, both worth about $42 million.

1. Ahmed Tinubu

Making the number 1 on our list of the top 10 richest politicians in Nigeria in 2024 is Ahmed Tinubu. He was a former governor of Lagos state and the National Leader of the All Progressives Congress (APC). He is currently contesting for Nigeria presidency in the 2023 general election. He has an estimated net worth of $10 billion. He was born on 29th March 1952 in Lagos, Nigeria and currently 71 years old. Apart from politics, Ahmed Tinubu owns Oando Plc, one of Nigeria’s top oil-producing enterprises. He is also the owner of Television Continental (TVC). He is also the owner of Lekki tollgate and oriental hotel, a five star hotel in Lagos. He is popularly known as the jagaban of Lagos. Tinubu also has landed properties all throughout Nigeria and beyond. His Nigerian properties alone are valued over 250 billion Naira, while his mansion in Ikoyi, Lagos State, is worth over 5 billion Naira. He has a G-Wagon worth over N600 million, a Mercedes Benzes, a Range Rovers, a Lexus LX 550s, and a private jet worth $60 million. Ahmed Tinubu is currently the richest politician in Nigeria in 2024 with an estimated net worth of $10 billion.

Austine Ikeru
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