Introduction
When discussing influential politicians in Ogun State and Nigeria, one name that stands out is Olugbenga Justus Daniel, popularly known as Gbenga Daniel or simply OGD. His career spans politics, business, engineering, and community development. He is one of the most respected figures in Ogun State, having served as a two-term governor and now continuing his role as a senior statesman and federal legislator.
Many Nigerians are curious about Olugbenga Justus Daniel net worth, not just because of his prominence in politics but also because of his successful background in business and engineering. Like most wealthy politicians in Nigeria, his wealth is the result of years of hard work, investments, and leadership.
This article provides a comprehensive analysis of Olugbenga Justus Daniel’s net worth by exploring his early life, education, career journey, sources of income, assets, and philanthropic activities. It also places his wealth in the context of other wealthy Ogun State politicians and includes a summary table for clarity.
Who is Olugbenga Justus Daniel?
Olugbenga Justus Daniel is a Nigerian engineer, businessman, and politician born on 6 April 1956. He is best known for his tenure as the Governor of Ogun State from 2003 to 2011, during which he introduced major infrastructural and developmental projects that transformed the state.
Nicknamed OGD, Daniel is admired for his combination of technical expertise and political leadership. He is also recognized as one of the wealthiest politicians in Ogun State, thanks to his investments and successful career before politics.
Early Life and Education
Gbenga Daniel was born into a middle-class family in Ibadan, Oyo State, though he hails originally from Shagamu in Ogun State. His upbringing was shaped by values of education, discipline, and community service.
For his education, he attended:
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Baptist Boys’ High School, Abeokuta
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The Polytechnic, Ibadan
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University of Lagos – where he studied Mechanical Engineering
He further enhanced his professional career by obtaining training both locally and internationally. This strong educational foundation positioned him for a successful career in engineering and business before he eventually moved into politics.
Professional Career Before Politics
Before his entry into politics, Gbenga Daniel had already made a name for himself in the private sector. He founded Kresta Laurel Limited (KLL), an engineering company specializing in the installation and maintenance of elevators and escalators. The company remains one of Nigeria’s leading engineering firms, handling projects for multinational corporations, government buildings, and luxury real estate.
Through Kresta Laurel Limited, Daniel built a strong business reputation and accumulated wealth. His leadership as a businessman demonstrated his ability to manage people, projects, and large-scale operations.
Political Career and Achievements
Daniel ventured into politics in the early 2000s and quickly became a major figure in Ogun State.
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Governor of Ogun State (2003–2011): He served two terms and focused on infrastructure, education, rural electrification, and healthcare.
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Political Influence: He played a key role in shaping Ogun politics, mentoring younger politicians, and building networks that extend to national politics.
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Senate Career: In 2023, Gbenga Daniel was elected as Senator representing Ogun East, continuing his political relevance at the federal level.
His political career not only increased his influence but also added to his financial standing through salaries, allowances, and opportunities linked to governance.
Sources of Olugbenga Justus Daniel Net Worth
To understand Olugbenga Justus Daniel net worth, one must examine the multiple streams of wealth that sustain his financial status.
1. Engineering and Business Ventures
His company, Kresta Laurel Limited, remains a key source of his wealth. With contracts in both public and private sectors, the company has provided Daniel with substantial earnings.
2. Real Estate Investments
Like many Nigerian elites, Daniel has invested heavily in real estate. He owns properties in Lagos, Abuja, Ogun State, and other strategic locations across Nigeria.
3. Political Career Earnings
From his years as governor and now as Senator, Daniel earns salaries, allowances, and benefits associated with public service.
4. Consultancy and Board Memberships
Daniel is also involved in consultancy and has held positions on boards of various organizations, leveraging his experience in engineering and governance.
5. Agriculture and Other Ventures
He has diversified investments, including agriculture and hospitality, which contribute additional streams of income.
Estimated Net Worth of Olugbenga Justus Daniel
As of 2025, Olugbenga Justus Daniel net worth is estimated at:
$230 Million – $260 Million
This estimate considers his business empire, political career, real estate holdings, and other investments. His wealth makes him one of the richest politicians in Ogun State, though he ranks below figures like Olusegun Obasanjo and Governor Dapo Abiodun.
Lifestyle and Assets
Daniel lives a life of comfort and affluence befitting his status.
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Properties: Luxurious homes in Abeokuta, Lagos, Abuja, and Shagamu.
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Vehicles: High-end vehicles, including SUVs and official cars.
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Philanthropy: Known for supporting educational scholarships, healthcare projects, and youth empowerment programs.
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Family Life: He maintains a relatively private family life while actively participating in community development.
Contributions to Ogun State Development
As governor, Daniel implemented several impactful projects, which continue to shape Ogun State today. Some of his contributions include:
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Construction of roads and bridges.
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Investment in rural electrification and water supply.
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Establishment of educational institutions and scholarships.
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Youth empowerment initiatives.
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Encouragement of local businesses and industries.
These projects have made him not just wealthy but also deeply respected in Ogun State politics.
Challenges and Controversies
Like many Nigerian politicians, Daniel has faced controversies, especially during his time as governor. He encountered allegations related to contracts, finances, and political rivalries. However, most of these controversies did not significantly affect his career, as he continues to be a respected figure in both politics and business.
Comparison with Other Wealthy Politicians in Ogun State
To put Olugbenga Justus Daniel net worth into context, here is how he compares with other prominent Ogun State politicians:
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Olusegun Obasanjo – $1.6 Billion
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Kessington Adebutu (Baba Ijebu) – $800 Million
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Dapo Abiodun – $350 Million
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Gbenga Daniel – $230–260 Million
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Ibikunle Amosun – $200 Million
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Ladi Adebutu – $200 Million
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Solomon Olamilekan Adeola (Yayi) – $100 Million
This comparison shows Daniel as one of the top five wealthiest politicians in Ogun State.
Summary Table of Olugbenga Justus Daniel Net Worth
| Category | Details |
|---|---|
| Full Name | Olugbenga Justus Daniel |
| Popular Name | Gbenga Daniel (OGD) |
| Date of Birth | 6 April 1956 |
| Estimated Net Worth (2025) | $230 Million – $260 Million |
| Primary Sources of Wealth | Engineering, Real Estate, Politics, Consultancy |
| Political Career | Governor of Ogun State (2003–2011), Senator (2023–Present) |
| Assets | Properties, luxury vehicles, businesses |
| Known For | Engineering expertise, politics, philanthropy |
Conclusion
The journey of Olugbenga Justus Daniel net worth highlights the intersection of business success, political leadership, and community development. From his early beginnings as an engineer and businessman to his achievements as Governor of Ogun State and now Senator, Daniel has demonstrated resilience and vision.
With an estimated net worth of $230 million to $260 million, Gbenga Daniel stands among the wealthiest and most influential politicians in Ogun State. His wealth is not only a testament to his business acumen but also his ability to leverage opportunities in politics and investments.
As a leader, Daniel’s impact goes beyond money. His infrastructural projects, empowerment programs, and contributions to education and healthcare continue to benefit Ogun State and Nigeria at large.
Frequently Asked Questions (FAQs)
1. What is Olugbenga Justus Daniel net worth in 2025?
His net worth is estimated at $230–260 million.
2. How did Gbenga Daniel make his money?
He made his wealth through engineering (Kresta Laurel Limited), real estate, politics, consultancy, and diversified investments.
3. Was Daniel wealthy before politics?
Yes. He was already a successful engineer and businessman before entering politics.
4. Is Gbenga Daniel the richest politician in Ogun State?
No, but he is among the top five. Olusegun Obasanjo and Dapo Abiodun are wealthier.
5. What businesses does Gbenga Daniel own?
His main business is Kresta Laurel Limited, but he also has investments in real estate, agriculture, and hospitality.
6. Did Daniel face controversies as governor?
Yes, he faced political and financial allegations, but these did not significantly affect his long-term reputation.
7. What is his role in politics today?
He is currently serving as a Senator representing Ogun East.
8. Does Gbenga Daniel engage in philanthropy?
Yes, he supports scholarships, youth empowerment, healthcare, and community projects.
9. What is Gbenga Daniel’s educational background?
He studied Mechanical Engineering at the University of Lagos.
10. How does his wealth compare to other Ogun politicians?
He is wealthier than Ibikunle Amosun and Solomon Olamilekan Adeola but less wealthy than Obasanjo and Dapo Abiodun.