Who is richer between Obasanjo and Tinubu, what is their net worth?? Obasanjo is one of the fathers of Nigerian politics and he’s well respected in the. He has lands and several properties.
As you know, Nigerian top politicians are billionaires, so therefore, Obasanjo is a Nigerian billionaire, and entrepreneur, but more of a politician entrepreneur than an wholly entrepreneur.
One the other side of the juxtapose scale, Tinubu has a lot of properties, investments and is also a politician entrepreneur. He’s a top politician in Nigeria with one of the strongest chains of connection in the country. He’s also very influential, just like the former, politician Obasanjo.
His name actually is Olusegun Obasanjo and he is a onetime Head of State and Democratic president of Nigeria who ruled the country from 1976 to 1979 during the military regime as the Head of State, and secondly as a Democratic president of Nigerian from 1999 to 2007.
While Olusegun Obasanjo was president of Nigeria from 1999 to 2007, Ahmed Tinubu was the elected Governor of Lagos State for the span of years Sir Olusegun Obasanjo ruled as democratic president. Prior to the military takeover in 1993, Sir Bola Tinubu was the elected senator in Lagos State for the Lagos West Constituency.
Apparently, these politicians have been holding the roots of the nation from the start and till date, their names still dominate news headlines for major projects and decisions to be taken in the country…
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Tinubu and Obasanjo: Who is Richer?
Ahmed Bola Tinubu’s Net Worth and Assets
Bola Tinubu is a top politician with properties worth billions of naira. He’s a top stakeholder in several companies in Nigeria, and has shares in several businesses across the country. He owns the biggest indigenous oil production company in Nigeria, Oando Oil, which is operated by his biological brother. The Oil company has an equity of over N170 million naira and a revenue of over N500 million naira.
Bola Tinubu also owns a 1000 hectares of land in Lakowe which is worth N75 billion naira. The N75 billion naira hectares of land is being developed as a housing estate and golf course given to the Lekki Concession Company. Bola Ahmed Tinubu also owns the N3 billion naira Parkview Ikoyi Estate Foreshore which was claimed by the Lagos State Government.
The Foreshore is a 14 hectares of land and is situated in Ikoyi, Lagos State. The Annex of the Lagos State guest house located in Asokoro, Abuja State, which was bought for the sum of N450 million naira in 2006 by the Lagos State Government was given under the Lagos State Pension Plan to Ahmed Tinubu as pension for being a onetime Lagos State Governor.
Other belongings of Tinubu includes the N450 million naira Oyinkan Obayomi Drive in Ikoyi, a 1 billion naira residence situated at Bourdillon Road in Ikoyi, Lagos State, a N35 billion naira 250 hectares of land being developed as Royal Garden Housing Estate, a N600 million naira G-Wagon, a $60 million dollar worth private jet.
His assets also include a N120 billion naira property and hotel in Lagos State known as “The Choice” property and Oriental Hotel respectively, a N3 billion naira 3.8 hectares of land situated at the Lagos State Fisheries Office, a N500 million naira Fishery Landing Jetty in Badore, the Ogudu Foreshore Scheme worth N15 billion naira, the N450 million naira worth Julius Berger Yard, the N2.5 billion naira Illubirin Housing Estate and the New Era Foundation Youth Camp which was built by his wife; Remi Tinubu, he owns the TVC Radio Continental. Sir Bola Tinubu has an estimated net worth of $2.7 billion dollars.
Olusegun Obasanjo’s Net Worth and Assets
Olusegun Obasanjo is a two-time Nigerian president (Head of State at first, and democratic president at second). He was born as Olusegun Matthew Aremu Obasanjo in Ogun State, Nigeria, on March 5, 1937. He’s both a businessman and a very influential and respected politician in the country.
Chief Olusegun Obasanjo isn’t married to any woman now, but he has been married four different times to different to women. He’s one of the politicians in Nigeria who’s decisions gravely affects the decisions of those in power like the President and senators.
Obasanjo first ruled the country as the Military Head of State from year 1976 to 1979. His rule was tagged corrupt and inhuman. Again, he came into power in 1999 as the Democratic Head of State and President of Nigeria, and ruled till 2007.
His summated rule has spanned longer years than other Presidents who ruled after him. Though he stayed really long on seat, he did quite a load of good to the country. It was during the rule of Olusegun Obasanjo that the GDP Growth of Nigeria went up by 6%, and was just still until he resigned office in 2007.
Chief Olusegun Obasanjo believes in democratic promotion and growth that starts from the development of international communities. He’s a member of the Club De Madrid and he’s an oil dealer who has his own oil block.
From reports and rumours, we gathered that Chief Olusegun Obasanjo is involved in over 6% of total oil marketing and production in the entire country. He runs West Africa’s largest poultry farm, and Africa’s largest farm. His farms are the main land from where millions of produce are harvested annually.