Olusegun Obasanjo and Atiku Abubakar are elder statesmen in Nigeria. They’ve both served the Nigerian government in various capacities. They both served as President and Vice President from 1999 to 2007.
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Since leaving Aso Rock, these men have gone on to focus on various aspects of their lives while routinely contributing to Nigerian political affairs. Atiku is the 2023 presidential aspirant for the Peoples Democratic Party.
One thing many have said about these men since leaving office is that they’re both wealthy. There’s been so much contemplation of the extent of their wealth. In this article, we take a look at the net worth of these two elder statesmen in Nigeria, and their collection of cars. Stay tuned to find out more!
Olusegun Obasanjo’s Net Worth & Cars
Olusegun Obasanjo played a critical role in the Nigerian political scene. And although he’s no longer vying for positions at 85, he still contributes to political affairs.
When it comes to his wealth, there are several factors that have impacted his net worth. He gets annual remuneration as an ex-president and also his farming business which is one of the most prominent farms across Nigeria.
Olusegun Obasanjo’s Net Worth
Olusegun Obasanjo has a net worth of $1.6 billion and is regarded as the 4th richest politician in Nigeria. Although most of his wealth came as a politician both during his time in office and post-presidency.
Yet, a bulk of it is believed to come from his farming business. He has farms in Ota, Ogun State, and Benue State. His Ota farm is noted to make 34 million Naira daily.
Olusegun Obasanjo Cars
Obasanjo has served practically in every arm of government in Nigeria. He has held many positions from being in the army to becoming an appointed Head of State, a civilian president, and serving as the chairman of the PDP Board of Trustees.
Yet, political positions and power are not his only field of interest. He also has an interest in cars which is evident in his collection of cars which includes;
- Lexus 570:
Olusegun Obasanjo’s Lexus 570 is decked with stylish interiors and state of art features. His Lexus 570 has a starting price of 45 million NGN.
- Toyota Land Cruiser Prado:
Toyota land cruisers have a bold and boxy appearance that makes them hard to miss. Often referred to as the King of all SUVs, the Toyota Land Cruiser is a good car to have. It comes with an automatic transmission as standard. Toyota Landcruiser costs between 45-70 million.
- Mercedes Benz S63 Sedan:
Olusegun Obasanjo shows his love for German-made cars by buying the Mercedes Benz S-63 Sedan. This cost him about 120 million NGN to bring home.
- Toyota Highlander 2017:
The 2017 Highlander provides a quiet and compliant ride. It is a large three-row crossover SUV with seating for eight, but optional second-row captain’s chairs reduce capacity to seven. There are LE, LE Plus, XLE, SE, Limited and Limited Platinum trim levels. Olusegun Obasanjo’s Highlander cost him about 90 million NGN.
2019 Rolls Royce Phantom
Former Nigerian President, Olusegun Obasanjo stole the show when he arrived in style to the 85th birthday anniversary of the Esama of Benin, Sir Gabriel Osawaru Igbinedion, in a luxury Gold Rolls-Royce.
Atiku Abubakar’s Net worth & Cars
If there’s a list of the richest politicians and businessmen in Nigeria, then Atiku’s name must appear on the list.
Aside from being an ex-Vice President in Nigeria during the Obasanjo tenure, he is also an avid businessman with businesses across several states in Nigeria and outside of Nigeria.
Some of the businesses known to the public he has under his control are;
- Adama Beverages Limited
- A Feed Processing Plant
- The American University of Nigeria
Atiku Abubakar’s Net Worth
Calculating all of Atiku’s business ventures, they all amount to a whooping net worth of $1.8 billion. On the side, he also gets his annual ex-Vice President allowance.
Atiku Abubakar’s Cars
You can be certain that for a man like Atiku, taste is not lacking in him. He owns some of the flashiest cars you’ll ever come across. Some of which are in his residence in Nigeria and others in the United States.
Below are some of the fleet owned by Atiku Abubakar.
- $4.1 Million Embraer Phenom 100
As a man with taste, class and wealth, Atiku has ownership of a private jet that cost him $4.1 million to purchase.
- Mercedes-Benz S550
The Mercedes-Benz s550 is a luxury car created by the brand that comes with a lavishly appointed interior. The car has the built of a personal limo for the ultra-wealthy.
This could be one reason why Atiku owns one of them. The retail recommended price of the car starts from $90,000 to $112,150 depending on the marque.
In the video, Atiku was seen entering the rear cabin of the Rolls-Royce Phantom 8 through the stylish coach door that is designed to offer easy access in the back.
In the background, Rolls-Royce’s best-selling model, the Ghost sedan, can also be seen as well as Mercedes-Benz S-Class — as the three ultra-luxury sedans set for an unknown destination in the United Arab Emirates.
- Mercedes-Benz S-Class
Atiku’s home away is Dubai, normally we all know Dubia is a home for luxury, cars, and fashion all from top designers, this Mercedes-Benz S-Class was seen in Atiku’s convoy in Dubai, Along with two Rolls-Royce Phantom
- Atiku Range Rover bulletproof
Range Rover is another SUV that has found its place in the hearts of many Nigerians. Nigerian politicians are not left out.
The Armored Range Rover has been expertly engineered by Special Vehicle Operations to provide class-leading levels of protection to occupants against extreme attack. Equipped with our special armouring in B6/B7 it fulfils the highest demands concerning security, driving comfort and civilian appearance whilst retaining the Range Rover’s luxury and refinement with off-road capability
- Lexus 570
Perhaps the Lexus 570 has a particular feeling it gives to wealthy Nigerians. Because why else do Atiku and Obasanjo have the same affinity for the same car?
The Lexus 570 is as good as they come and it cost 45 million Naira to own one of it, Check>> Why Most Governors In Nigeria Use Bulletproof Lexus LX 570 Suv As Official Vehicle
- Toyota Land Cruiser
In Nigeria, it’s almost impossible to find a wealthy person that doesn’t own a Toyota Land Cruiser. Just like Obasanjo, Atiku owns a Land Cruiser which cost between 45-70 million Naira.
Both Atiku and Obasanjo are ultra-wealthy men in Nigeria. If you share their wealth, it’ll benefit the large Nigerian population. Still, when it comes to who has it more, Atiku, who was Obasanjo’s Vice President is wealthier than Obasanjo judging by their net worth of $1.6 billion and $1.8 billion respectively.