Most times we Nigerians always want to know the net worth of Nigeria’s politicians. Well, this particular post will expose the net worth of Olusegun Obasanjo. Some say he is the most powerful politician in Nigeria, others say he is the most influential politician in Nigeria due to his charisma and wealth. But before I go into details of Chief Obasanjo’s net worth, lets me write a brief biography of Chief Olusegun Obasanjo’s personality.
His full names are Chief Olusegun Matthew Aremu Obasanjo. Born in Abeokuta, Ogun state, Nigeria on October 5, 1937, Obasanjo was once a former military head of state in Nigeria and Second democratically elected president of the Federal Republic of Nigeria. This makes him longest serving president in Nigeria.He is often called “OBJ” or “Baba” by many. He is a politician and one of the most popular politicians in Africa.
He hails from the Yoruba tribe and has been married four times. Among his wives, he identified more with Mrs Stella Obasanjo (late). He served two term in office (8 years) under the PDP. Many, say his rule as president was one that ushered in corruption in Nigeria, but with no proof to back that claim. It was during Obasanjo’s administration as a democratic president that Nigeria’s GDP improved from 3% to 6% increase and he also ushered in the use of GSM (Global System for Mobile communication).
Olusegun Obasanjo Net Worth/Assets (2020)
If you were asked, what is Obasanjo’s net worth? I am sure most people will give different answers. Well, during his time in office as a democratic president, it was alleged that assets were not out rightly declared. It was rumored that he entered as a president with N20,000 in his account but left with billions of Naira.
He is also rumoured to owning an oil block in Nigeria. Obasanjo is a farmer and owns the largest chicken poultry in West Africa. His farm is called “Otta Farm” responsible for the employment of over 6000 Nigerians.
Although, OBJ assets are never fully made public, Obasanjo’s current net worth is rumoured to be at an estimated sum of $1.2 billion by Forbes this 2020