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Introduction

Ogun State, located in the southwestern region of Nigeria, is often called the Gateway State because of its proximity to Lagos, the country’s commercial hub. Over the years, the state has produced some of Nigeria’s most influential business leaders, cultural icons, and powerful politicians. Among these leaders are wealthy politicians whose financial success and political influence have shaped both Ogun State and Nigeria as a whole.

When we talk about the richest politicians in Ogun State net worth, we are not just referring to money. We are looking at a blend of political power, business ventures, investments, and decades of influence. These individuals have combined politics with entrepreneurship, making them some of the wealthiest figures in the state and even in Nigeria.

In this detailed guide, we will explore the richest politicians in Ogun State, their estimated net worth, their sources of income, and their roles in shaping the political and economic landscape of the state. This article also provides a summary table for easy comparison and frequently asked questions for clarity.

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The Role of Wealth in Ogun State Politics

Before diving into the list of the richest politicians in Ogun State, it is important to understand the link between politics and wealth. In Nigeria, and particularly in Ogun State, politics often goes hand-in-hand with business. Many politicians are successful entrepreneurs before venturing into politics, while others build wealth through political opportunities, contracts, and influence.

Ogun State is unique because of its proximity to Lagos and its history of producing leaders who influence both state and national politics. Wealth among Ogun politicians is not just about personal luxury—it often translates into political power, philanthropy, and the ability to shape development across communities.

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Richest Politicians in Ogun State and Their Net Worth

1. Olusegun Obasanjo – Estimated Net Worth: $1.6 Billion

Olusegun Obasanjo, the former President of Nigeria and one of the most respected African leaders, is also among the richest politicians in Ogun State. Born in Abeokuta, Obasanjo has had a long military and political career, serving as both a military Head of State and later as a civilian President.

His wealth comes from vast agricultural investments, real estate, speaking engagements, and book royalties. His Ota farm in Ogun State is one of the largest in Nigeria, producing poultry and other agricultural products. His global influence, coupled with decades of leadership, places him at the top of this list.

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2. Dapo Abiodun – Estimated Net Worth: $350 Million

Prince Dapo Abiodun, the current Governor of Ogun State, is a successful businessman turned politician. Before becoming governor, he built a fortune in the oil and gas sector through his company Heyden Petroleum.

He also has investments in real estate, finance, and other sectors. His political career further strengthened his influence and positioned him as one of the wealthiest politicians in Ogun State. His leadership style combines business acumen with governance, making him a powerful force in Ogun politics.

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3. Gbenga Daniel – Estimated Net Worth: $250 Million

Otunba Gbenga Daniel, often called OGD, served as the Governor of Ogun State from 2003 to 2011. He is one of the most influential figures in Ogun politics and also one of the richest.

His wealth is linked to his successful career as an engineer and businessman before entering politics. He established Kresta Laurel Limited, a leading engineering company in Nigeria specializing in elevators and escalators. Apart from engineering, Daniel has major interests in real estate, hospitality, and media.

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4. Ibikunle Amosun – Estimated Net Worth: $200 Million

Senator Ibikunle Amosun is another prominent name in Ogun State politics. He served as Governor of the state from 2011 to 2019 and has remained a strong political force.

His wealth is drawn from diverse businesses, including construction, import and export, real estate, and media investments. Amosun’s political career has also placed him among the most influential and financially capable politicians in the state.

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5. Kashamu Buruji (Late) – Estimated Net Worth: $150 Million

Though late, Senator Buruji Kashamu was one of the richest and most controversial politicians from Ogun State. Known for his political battles and philanthropy, Kashamu amassed wealth through diverse business ventures.

He was deeply involved in import and export, property development, and local enterprises. Even after his passing, his name remains tied to wealth and influence in Ogun State politics.

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6. Olusegun Osoba – Estimated Net Worth: $120 Million

Chief Olusegun Osoba, a veteran journalist and politician, also ranks among the richest politicians in Ogun State. He served as Governor of Ogun State twice and has had a long and successful career in politics and media.

His wealth comes from journalism, publishing, real estate, and political influence. As one of the most respected elder statesmen in Ogun State, Osoba continues to wield influence both politically and financially.

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7. Solomon Olamilekan Adeola (Yayi) – Estimated Net Worth: $100 Million

Popularly known as Yayi, Senator Solomon Olamilekan Adeola is one of the rising financial and political forces in Ogun politics. Though originally representing Lagos in the National Assembly, he is deeply connected to Ogun State and has declared political ambitions there.

His wealth comes from business ventures, real estate, and his long career in politics. With a growing political base in Ogun, Yayi is regarded as one of the wealthy politicians to watch.

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8. Adebutu Kessington (Baba Ijebu) – Estimated Net Worth: $800 Million

Though primarily known as a businessman, Chief Kessington Adebutu (Baba Ijebu) has strong political influence in Ogun State through his family’s involvement in politics. His son, Ladi Adebutu, is a major political figure and gubernatorial candidate.

The family’s wealth stems from the lottery business (Premier Lotto), real estate, hospitality, and philanthropy. With an estimated net worth in the hundreds of millions, the Adebutu family’s political and financial impact in Ogun State is undeniable.

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9. Ladi Adebutu – Estimated Net Worth: $200 Million

Ladi Adebutu, son of Baba Ijebu, is one of the most prominent politicians in Ogun State. He has contested for governor multiple times and is a key player in the state’s political scene.

His wealth is tied to his family fortune, business ventures, and political influence. As a businessman-politician, Ladi Adebutu is positioned as one of the richest in Ogun State.

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10. Other Notable Wealthy Politicians in Ogun State

Apart from the names above, Ogun State has many wealthy politicians with significant influence, including:

• Senator Tolu Odebiyi

• Biyi Otegbeye

• Gboyega Isiaka

• Hon. Oladipupo Adebutu (Ladi Adebutu’s brother)

While their net worths may not be as high as those of Obasanjo or Abiodun, they remain financially strong and politically relevant.

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Summary Table of the Richest Politicians in Ogun State

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Conclusion

The richest politicians in Ogun State net worth reflect the deep connection between politics, business, and influence in Nigeria. From globally respected figures like Olusegun Obasanjo to business tycoons like the Adebutu family, wealth in Ogun State politics goes beyond personal luxury—it represents power, philanthropy, and the ability to shape communities.

These politicians have made significant contributions to governance, economic development, and philanthropy, making Ogun State one of the most politically and financially vibrant states in Nigeria.

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Frequently Asked Questions (FAQs)

1. Who is the richest politician in Ogun State?
Olusegun Obasanjo, with an estimated net worth of $1.6 billion, is widely regarded as the richest politician in Ogun State.

2. How does Dapo Abiodun make his money?
Dapo Abiodun built his wealth through Heyden Petroleum, real estate, and finance before becoming Governor of Ogun State.

3. Is Baba Ijebu a politician?
Chief Kessington Adebutu (Baba Ijebu) is primarily a businessman, but his family plays a strong political role in Ogun State.

4. Who are the young wealthy politicians in Ogun State?
Ladi Adebutu and Solomon Olamilekan Adeola (Yayi) are among the younger politicians with significant wealth and growing influence.

5. Did Buruji Kashamu leave behind wealth?
Yes, despite his controversial career, Buruji Kashamu left behind vast wealth in real estate, business, and philanthropy.

6. What industries make Ogun politicians rich?
Most wealthy Ogun politicians have businesses in oil and gas, real estate, construction, agriculture, and lottery/gaming industries.

7. Can wealth guarantee political success in Ogun State?
While wealth is an advantage, political success in Ogun State often requires grassroots support, party influence, and public trust.

8. Are there female wealthy politicians in Ogun State?
Though men dominate the list, Ogun State has influential women in politics, but their net worths are not as widely publicized.

9. How accurate are politicians’ net worth figures?
Exact figures are difficult to verify, but estimates are based on business ownership, public records, and lifestyle indicators.

10. Why is Ogun State important politically?
Ogun State is home to influential politicians and business leaders, making it a strategic state in Nigeria’s political landscape.