We all know that Nigerian politicians are the wealthiest people in the country, for the fact that they are the highest-paid public officers in the country and have access to the nation’s wealth.
So in this guide, I will be listing the top 10 richest politicians in Nigeria in 2022 and their net worth.
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10. Rotimi Amaechi – Net worth: $780 million (₦282 billion 843 million)

Currently, Rotimi Amaechi is the tenth richest politician in Nigeria in 2022, He served as governor of Rivers State from 2007 to 2015, and he’s currently the Minister of Transportation in Nigeria. He was born on 27th May 1965. In early 2019, Rotimi Amaechi was the director general of Buhari re-election campaign. However, he was in the eye of a storm after a series of audio recordings was made public, in which he harshly found Fault in Buhari for not meeting Nigerians’ expectations and described Nigeria as a never-going-to-change hopeless nation. On the other hand, Rotimi Amaechi owns a fleet of luxury cars which includes a rare 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 worth about N9 billion.
9. Dino Melaye– Net worth: $800 million (₦290 billion 96 million)

Currently, Dino Melaye is the ninth richest politician in Nigeria in 2022. In the history of Nigeria, he has been the most entertaining politician ever! Dino was born on the 1st of January, 1974 and hails from Kogi State. He is known for several scandals and political controversies. Dino Malaye was a Senator and a member of the 8th National Assembly, representing Kogi West Senatorial district before he was sacked by the gubernational election tribunal of the state in late August 2019. Dino Maleye got married twice which both ended after his wives accused him of severe domestic violence. He once threatened to beat up Senator Oluremi Tinubu and impregnate her on the floor of the Senate.
Dino Melaye is a real car freak and a very flaunting type so it’s easy to catch sight of his luxurious lifestyle. Among his giant car collection are one of the most expensive cars in the world, a Bugatti Veyron worth over ₦616 million, 3 Roll-Royces worth over ₦318 million combined, a Lamborghini Huracan worth over ₦86.7 million, a Bentley Continental worth over ₦71 million and lot more.
8. Ahmadu Adamu Mu’Azu – Net worth: $895 million (₦324 billion 545 million)

Ahmadu Adamu is currently the eighth richest politician in Nigeria in 2022. Ahmadu Adamu was the former governor of Bauchi State as well as the former chairman of the Peoples Democratic Party (PDP). He has many assets and real estate investments, which placed him in the list of the top ten richest politicians in Nigerian. Adamu also served as property manager of the Bauchi State Investment and Property Development Company. In April 2019, in ikoyi, the Economic and Financial Crimes Commission (EFCC) busted a mansion as part of Buhari’s anti-corruption campaign and discovered over $50 million of cash hidden in fire-resistant cabinets behind false walls. The company that built the house claimed Ahmadu Adamu is the owner, but the Northern millionaire rejected all the accusations. Ahmadu Adamu has garage a Lexus LX570, a Range Rover Discovery and a Toyota Sequoia, amongst other luxury rides in his garage.
7. Orji Uzor Kalu – Net worth: $1.1 billion (₦398 billion 882 million)

Orji Uzor Kalu is the former governor of Abia State, he was born on April 21, 1960 and is one of the richest politicians in Nigeria. Kalu was the chairman of Cooperative and Commerce Bank Limited before his election. He was also a member of the Peoples Democratic Party (PDP), Progressive People’s Alliance (PPA) and the chairman of the PPA Board of Trustees. He is the current chairman of SLOK Holding and two influential newspapers, the New Telegraph and the Daily Sun. Just like a few others on this list, Orji Uzor Kalu runs a number of businesses. He holds stakes in Enyimba FC of Aba, a very successful club in CAF competition. The club was the first Nigerian club to win the top honor of the flagship club competition in African. Although not specified, Orji Uzor Kalu owns various mansions across high-ranking locations in Nigeria. The known one is called Camp Neya, located in his hometown, in Abia State. 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, Mercedes Benz S550 and a Mercedes Benz C Class among others.
6. Rochas Okorocha

Currently, Rochas Okorocha who hails from imo state, is the sixth richest politician in Nigeria in 2022 with an estimated net worth of $1.3 billion. Rochas Okorocha served as the governor of Imo State in the south eastern part of Nigeria for two terms. Rochas is one of the many politicians who rose to become one of the richest politicians in Nigeria through hard work and dedication.
He was thriving in business before he joined politics. He is the founder of Rochas Foundation, a non-profit organization that builds colleges for poor children. In June 2019, Rochas Okorocha and his family were accused of taking away valuable assets of Imo state including 67 government vehicles, which Rochas Okorocha described as diversionary. In 2018, Rochas Okorocha was listed as the number one richest politicians in Nigeria with a net worth of $1.4 billion. He owns an impressive garage that houses a Rolls-Royce Phantom, a Mercedes-Benz S600, a Mercedes-Benz Klassen V220, 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 bought before becoming a governor. One of his private jets, LearJet 45, is worth over N700 million.
5. Atiku Abubakar
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Currently, Atiku Abubakar is the fifth richest politician in Nigeria in 2022 with an estimated net worth of $1.4 billion. Atiku Abubakar hails from Adamawa state, he is a Nigerian politician and businessman who was born on November 25th, 1946.
Atiku 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 his position. While working for Nigerian Customs, he founded a logistic company known as Nigeria Container Service (INTELS). The company has been accused of laundering over $100 million into the United States between 2000 and 2008. Besides INTELS, Atiku Abubakar owns a variety of businesses in Nigeria ranging from beverage, media, education, amongst others. He has five wives and 26 children. Atiku Abubakar possesses many valuable assets and several real estate investment businesses. 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.
4. Olusegun Obasanjo – $1.6 Billion

A Nigerian general, statesman and diplomat, Olusegun Obasanjo is currently the fourth richest politician in Nigeria in 2022 . He was the continents first military leader to hand over control to a civilian government. Obasanjo was born on 5th March 1938 in Ogun State. The former Nigerian Army General also served twice as Nigeria’s Head of State, from 1976 to 1979, and as a civilian president from 1999 to 2007. Obasanjo got married four times. He first got married to Esther Oluremi after which he got married to Lynda, who was severely shot by armed men. His third wife was Mojisola who’s also late. His famous fourth wife was Stella Obasanjo, who served as Nigeria’s First Lady from 1999 till her untimely death in 2005. He is currently married to Mrs. Bola Obasanjo. Obasanjo has twenty children.
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 a Mercedes-Benz S63 Sedan, a Lexus 570, a Toyota Land Cruiser and a Toyota Highlander 2017 in his garage. He also owns a Bombardier Challenger 300 jet and a Helicopter, both worth about $42 million.
3. Ifeanyi Ubah

Ifeanyi Ubah is currently the third richest politician in Nigeria in 2022 with an estimated net worth of $1.7 billion. A Nigerian businessman and entrepreneur who was born on 3rd September 1971. His wealthy status didn’t kick off with politics, He already built a fortune for himself before choosing to serve Nigeria. Growing up in the suburb of Abuja as the first child in a family of seven children, he had to drop out of school to become a trader, but luck shone on him at age 19, when he hit his first million.
In 2014, he contested for the governorship of his state (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. Apart from owning a football club called Ifeanyi Ubah FC, Ifeanyi Ubah is also the chairman, board of directors of a few notable companies in Nigeria. 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.
2. Ibrahim Babangida

Ibrahim Babangida is currently the second richest politician in Nigeria in 2022 with an estimated net worth of $5 billion. He is a former general in the Nigerian Army and a politician. He was born on the 17th of August 1941.
He is a businessman and politician that 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. Ibrahim Babangida 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% of the London-based Fruitex International Limited in London, 24% 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.
1. Ahmed Tinubu

Ahmed Tinubu is currently the richest politician in Nigeria in 2022 with estimated net worth of $8.5 billion. He was born on 39th March 1952 in Lagos, Nigeria and currently 70 years old. Bola Ahmed Tinubu is a Nigerian politician and accountant who has served as the party’s national head since the APC’s inception in 2013. The APC is one of the 18 major political parties in Nigeria today.
He was a former governor of Lagos state. He is current contesting for Nigeria presidency for 2023 general election. Apart from politics, Ahmed Tinubu owns Oando Plc, one of Nigeria’s top oil-producing enterprises with a revenue of over 450 million Naira annually. He is also the sole owner of Television Continental (TVC), a television network that broadcasts in Nigeria and other African countries such as South Africa, Ghana, amongst others. 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 N600 million, a Mercedes Benzes, a Range Rovers, Lexus LX 550s, and a private jet worth $60 million.
Originally posted 2022-08-17 13:48:46.
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