Olusegun Obasanjo Net Worth: Olusegun Matthew Okikiola Aremu Obasanjo, GCFR whose net worth is estimated at $4 billion dollars, 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).
Chief Olusegun Obasanjo who can be rightly address as president Olusegun Obasanjo or fondly OBJ, He’s a Nigerian and a former president to be precise. He was born and bred in Ogun State South Western part of Nigeria. On the post we will be unleashing to you all you need to know about the former president, President Olusegun Obasanjo, please keep reading as we decipher further and don’t forget to leave a comment or a review for correction purpose or to make this post more detailed.
Quick Insight To Obasanjo Profile.
- Name: Olusegun Matthew Okikiola Aremu Obasanjo, GCFR
- Age: 86 Years Old
- Date Of Birth: 5th March 1937
- State Of Origin: Ogun State, Nigeria
- Nationality: Nigerian
- Marital Status: Married and blessed with children
- Children: Blessed with children
- Net Worth: $4 Billion Dollars
Olusegun Obasanjo Biography.
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. At Age eleven, he was encouraged by his parents to start an education at the local village primary school. After three years, in 1951, he moved on to the Baptist Day School in the Owu quarter of Abeokuta. In 1952 he transferred to the Baptist Boys’ High School, also in the same town. His school fees were partly financed by state grants.
Obasanjo did well academically, it was during his secondary school days that he rejected his forename of “Matthew” as an act of anti-colonialism. Meanwhile, Obasanjo’s father had abandoned his wife and two children. Falling into poverty, Obasanjo’s mother had to operate in trading to survive.
Olusegun Obasanjo Net Worth And Biography.
Obasanjo worked on cocoa and kola farms, fished, collection of firewood, and sold sand to builders, just to make the end meet. During the school holidays he also worked at the school, cutting the grass and other manual jobs.
In 1956, Obasanjo took his secondary school exams, and obtains his senior school leaving certificate. After Leaving school, he moved to Ibadan, where he took a teaching job. He later sat for the entrance exam for University College Ibadan, although he passed, he found that he could not afford the tuition fees. Obasanjo then decided to pursue a career as a civil engineer, and to access this profession, in 1958 answered an advert for officer cadet training in the Nigerian Army.
After joining the Nigerian army, He climb to a leadership position, In the latter part of the 1960s, he played a senior role in combating Biafran separatists during the Nigerian Civil War, accepting their surrender in 1970. In 1975, a military coup established a junta with Obasanjo as part of its ruling triumvirate. After the triumvirate’s leader, Murtala Muhammed, was assassinated the following year, the Supreme Military Council appointed Obasanjo as head of state. Continuing Murtala’s policies, Obasanjo oversaw budgetary cut-backs and an expansion in access to free school education.
Olusegun Obasanjo Net Worth And Biography.
Increasingly aligning Nigeria with the United States, he also emphasized support for groups opposing white minority rule in southern Africa. Committed to restoring democracy, Obasanjo oversaw the 1979 election, after which he handed over control of Nigeria to the newly elected civilian president, Shehu Shagari. He then retired to Ota, Ogun, where he became a farmer, published four books, and took part in international initiatives to end various African conflicts.
In 1993, Sani Abacha seized power in a military coup. Openly critical of Abacha’s administration, in 1995 Obasanjo was arrested and convicted of being part of a planned coup, despite protesting his innocence. While imprisoned, he became a born again Christian, with providentialism strongly influencing his subsequent worldview. He was released following Abacha’s death in 1998.
Olusegun Obasanjo Net Worth And Biography.
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. [ Source Wikipedia]
Olusegun Obasanjo Net Worth And Biography.
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 Personal Life.
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 And Biography.
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 House And Cars
Just like many other politicians like Bola Tinubu, Atiku and others, Obasanjo has many houses across various towns and cities in Nigeria, cars and private jet under his possession run into billions and He might have many undisclosed asset in Orient and occident world.
Olusegun Obasanjo Net Worth.
Olusegun Obasanjo is currently one of the richest and most successful former presidents in Nigeria, with an estimated net worth of $4 billion dollars as of the time of this post based on his known assets.