Net Worth

Obasanjo Net Worth, Biography & Facts

President Olusegun Obasanjo is a nigerian politician and former head of state and president of the Federal Republic of Nigeria., pub-1800157631388084, DIRECT, f08c47fec0942fa0

Obasanjo Net Worth, biography, and everything you need to know about him is one step ahead of a common Nigerian who just know him by name. Obasanjo is Nigeria’s former democratic president who was elected in the year 2006 and re-elected by 2010 for another 4 years.

Obasanjo Net Worth

Well, that’s not all about the politician as I’m going to be revealing to you his biography, NetWorth, and of course some mind-blowing fact you must know about him.


Chief Olusegun Obasanjo was born in a town called Oke-Ilewo in Abeokuta, the capital of Ogun state. He grew up in that town as the second son of Late PA Aremu Obasanjo who died during the civil war in 1965. Segun, which was the local name he was called by his family, neighbor, and loved ones attended the baptist memorial school in Abeokuta.

Due to the love he had for the military, Obasanjo proceeded to the Nigeria Defense Academy (NDA), where he was trained as a soldier. Obasanjo became the comptroller general of the 800 battalions of soldiers within the southwest, after which he became head of state by Coup de tat.

The father of 13 children and 8 wives makes him the only polygamist president.

He served as a military head of state in the year 1976 till 1979 then became the first elected democratic president in 1999 till 2007 which makes him the longest sitting president in Nigeria.

The Journey

President Olusegun Obasanjo has been known as a man of principle and commitment to the people over the past decade. The Yoruba indigene is recognized for his business acumen and involvement in commercial activities.

Obasanjo has always had the flare for farming and agriculture which makes him one notable public figure in the African diaspora. During his tenure as the president, he launched one of the biggest agriculture initiative tagged “Operation Feed the Nation” a policy that was geared towards harnessing the agriculture potential of Nigeria.

The scheme which employed over 90,000 manpower in boosting agriculture production, increased the GDP by 6%.

He also introduced the Global System of Communication (GSM) to Nigeria. With the introduction, MTN became the first mobile network in Nigeria.


According to reports Obasanjo government is allegedly accused of siphoning the country’s agricultural scheme into his personal business making up one of his major franchise”Obasanjo Farms” situated in Abeokuta Ogun state.

His government was alleged the genesis and most corrupt administration under the “People Democratic Party”

There were also rumors of the compulsory N5 wired into his account for every N100 recharged by any MTN user since the introduction of GSM. According to a source, the mandatory disbursement has been halted by the telecom giant.

Obasanjo Net Worth

Chief Olusegun Obasanjo Net Worth by Forbes is about $1.2 million (N2.1 billion) making him one of the wealthiest politicians in Nigeria.

Read Also Omoyele Sowore Net Worth, Biography & Facts

Getting to know everything about Obasanjo biography down to his Net Worth is one great piece of knowledge you would recommend to a common Nigerian by sharing. Cheers!

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