Olusegun Obasanjo is a Nigerian billionaire, former Military Head Of State who served as Nigeria’s head of state from 1976 to 1979 and a former president of the federal republic of Nigeria from 2003 to 2007 under the umbrella Of The People Democratic Party (PDP).
|$4 Billion Dollars
|Matthew Olusegun Aremu Obasanjo
Who is Olusegun Obasanjo?
Matthew Olusegun Aremu Obasanjo popularly known as Obasanjo is a Nigerian politician was born on 5th March 1937, in the village of Ibogun-Olaogun in southwestern Nigeria. He was born to a Christian and Yoruba family, His father was Amos Adigun Obaluayesanjo “Obasanjo” Bankole and his mother was Bernice Ashabi Bankole. He was the first of nine children; only he and a sister (Adunni Oluwole Obasanjo) survived childhood.
Obasanjo’s father was a farmer and Obasanjo was constantly involved in agricultural labour.
Obasanjo get directly involved in electoral politics, Obasanjo became the PDP candidate for the 1999 presidential election, which he won comfortably. As president, he de-politicized the military and both expanded the police and mobilized the army to combat widespread ethnic, religious, and secessionist violence. He withdrew Nigeria’s military from Sierra Leone and privatised various public enterprises to limit his country’s spiralling debt. He was re-elected in the 2003 election.
Obasanjo was Influenced by Pan-Africanist ideas, he was a keen supporter of the formation of the African Union and served as its chair from 2004 to 2006. Obasanjo’s attempts to change the constitution to abolish presidential term limits were unsuccessful and brought criticism. In retirement, he earned a PhD in theology from the National Open University of Nigeria.
Obasanjo has been described as one of the great figures of the second generation of post-colonial African leaders. He received praise both for overseeing Nigeria’s transition to representative democracy in the 1970s and for his Pan-African efforts to encourage cooperation across the continent.
Obasanjo is a purposeful leader whose has many life achievements, He’s married to many wives and had many children. He currently live in Ota-Ogun sate where he’s now known to be a farmer as well as heirs of other businesses.
Olusegun Obasanjo Net Worth
We couldn’t ascertain Olusegun Obasanjo’s net worth before politics but we know he owned a lot of business empires before venturing into politics. Currently, Olusegun Obasanjo is worth $4billion according to Forbes, making him one of the richest politicians in Nigeria.
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