10 Nigerian politicians make more money than the 

Updated a year ago

It is not a secret that prominent Nigerian politicians have accumulated wealth from various positions held by the government.

A study published in Forbes magazine in September 2018 lists the top 10 Nigerian politicians at the forefront of wealth.

10. Ben Murray Bruce - $ 715m US: Nigerian senator from Bayelsa State under PDP Ben Bruce to own television and film company Silverbird

Before becoming a senator, Ben Bruce had held the National Television Authority (NTA) from 1999 to 2003.

9. Dino Melaye - $ 802m Million: Nigerian senator from Kogi State under the APC before later transitioning to PDP.

Melaye owns a bank account in the United States, even though it is against Nigerian law.

Adamu Mu'azu - $ 895m US: Bauchi State governor from 1999 to 2007, then former PDP chairman from 2014 to 2015

Before becoming governor, Mu'azu was chairman of the board of directors of the Idah Academy of Science from 1984 to 1986, when he served as president of the Benue Construction Company in Plateau State until 1997.

Mu'zu is married with 9 children.

7. Rotimi Amaechi - US $ 1.3b Billion: On November 27, 2013, Rotimi Amaechi transferred from PDP to APC.

Before leaving the PDP, Amaechi served as president of the Rivers State House of Assembly and later became governor of the state.

Amaechi is one of Nigeria's top politicians and FBI officials said they have deposited money in the country's banks. Reports say Amaechi deposited $ 757 million in a US bank account in Minnesota.

6. Ifeanyi Ubah - US $ 1.7bbn: Hamshakin was an entrepreneur in the oil and gas industry before expanding his business to buildings, transportation and sports.

Ubah had never run for governor of Anambra State under the Labor Party, but he did not win.

Atiku Abubakar - $ US $ 4bn: Before becoming vice president in 1999, Atiku spent 20 years working for the National Customs Service.

Atiku owns an Intels International Oil Company, AUN University in Yola and a subsidiary of several companies and industries.

4. Rochas Okorocha - $ 5bn US $ Bbn: Prior to joining politics, Rochas has been known for his philanthropic and philanthropic activities across Nigeria from his business profits.

Rochas was first elected as Imo state governor on May 6, 2011, for a second term in 2015.

Like Rotimi Amaechi, Rochas has a net worth of $ 1.45 billion at his US bank, JP Morgan, in New York.

3. Bola Tinubu - US $ 32.7bn: Former Member of the Senate of the West Lagos State under the SDP in 1993, Tinubu served as governor of Lagos from 1999 to 2007.

2. Olusegun Obasanjo - $ 35bn US dollars: A former president in military rule from 1976 to 1979 and then president in a democracy from 1999 to 2007.

Obasanjo owns a farm in Otta, Ogun state, the largest in Africa. There are more than 6,000 workers on the farm.

1. Ibrahim Badamasi Babangida (IBB) - US $ 50bn: He ruled Nigeria from 1983 to 1993.

He held several positions in the Nigerian Army before becoming President.

In 1987 the IBB created two more states: Akwa Ibom and Katsina.

In 1991, he created nine more states: Abiya, Enugu, Delta, Jigawa, Kebbi, Osun, Kogi, Taraba and Yobe, in 1991.

Babangida is the president who returned the Nigerian capital Abuja from Lagos in 1991.