Top 10 Richest Politicians In Ogun State

Ogun State, one of the most industrialised states in Nigeria, is not only known for its robust economy and historical landmarks but also for being the home of some of the wealthiest political figures in the country. With prominent towns like Abeokuta, Ijebu Ode, and Sagamu, the state has produced national leaders who have amassed considerable wealth through politics, business, and investments.

In this blog post, we will explore the top 10 richest politicians in Ogun State, giving a detailed view of their backgrounds, sources of income, net worth, and how they’ve contributed to the political and economic growth of the state and Nigeria at large.

1. Olusegun Obasanjo – Net Worth: $1.6 Billion

Political Office: Former President of Nigeria (1999–2007), Former Military Head of State (1976–1979)
Business Ventures: Obasanjo Farms Nigeria, Publishing, International Consulting

Chief Olusegun Obasanjo is not just the richest politician in Ogun State but also one of the most iconic figures in Nigerian history. He hails from Abeokuta and played a significant role in shaping the nation’s democracy. Beyond politics, Obasanjo is a successful agribusinessman, owning one of the largest farm estates in West Africa—Obasanjo Farms Nigeria Limited, which produces poultry, livestock, and crops on a large scale. His international influence also earns him millions through consulting, speeches, and book royalties.

2. Ibikunle Amosun – Net Worth: $442 Million

Political Office: Former Governor of Ogun State (2011–2019), Senator for Ogun Central
Business Ventures: Real Estate, Consulting, Construction

Senator Ibikunle Amosun, a two-time governor and current Senator, made his wealth from a mix of business and public service. He is known for his background in accounting and auditing, having worked in several high-ranking financial firms before venturing into politics. His administration was known for massive infrastructure projects which bolstered his business connections. Amosun reportedly has stakes in several real estate ventures and is considered one of the wealthiest Yoruba politicians in Nigeria.

3. Dapo Abiodun – Net Worth: $314 Million

Political Office: Current Governor of Ogun State
Business Ventures: Heyden Petroleum Ltd, Property Development, Logistics

Prince Dapo Abiodun is a successful entrepreneur turned politician. Before becoming governor in 2019, he was the CEO of Heyden Petroleum, one of Nigeria’s leading oil and gas companies. His business acumen laid the foundation for his entrance into politics. As governor, he continues to promote private sector growth while also maintaining his interests in the energy and real estate sectors. His wealth is largely from oil-related ventures and property investments.

4. Oladipupo Adebutu – Net Worth: $200 Million

Political Office: Former Member, House of Representatives (Remo Federal Constituency)
Business Ventures: Agro-Allied Industries, Politics

Ladi Adebutu is the son of Sir Kesington Adebutu (Baba Ijebu). He served in the National Assembly and is a major player in the PDP. His wealth stems from extensive investments in agriculture and food processing through Solomon Kesington Agro-Allied Ltd. Although he didn’t win the gubernatorial election in Ogun, he remains one of the top political financiers in the state. Ladi has a strong political structure, particularly in Ogun East, and continues to play an influential role in Ogun politics.

5. Tolu Odebiyi – Net Worth: $150 Million

Political Office: Senator for Ogun West, Former Chief of Staff to the Governor
Business Ventures: Real Estate Development, Financial Services

Senator Tolu Odebiyi hails from Iboro in Yewa North LGA. He comes from a political family—his father, Jonathan Odebiyi, was a senator in the First Republic. Tolu studied in the United States and later returned to Nigeria to build a career in finance and real estate. He served as Chief of Staff under Governor Amosun before becoming a senator. His wealth is attributed to his high-value real estate ventures and strategic political alliances, making him a power broker in Ogun West.

6. Lekan Mustapha – Net Worth: $120 Million

Political Office: Former Senator representing Ogun East
Business Ventures: Oil & Gas, Maritime, Construction

Senator Lekan Mustapha is a long-standing political figure in Ogun politics. His influence spans multiple political parties and movements. Mustapha made a significant portion of his wealth from the oil and gas industry and other maritime businesses. He also owns stakes in construction and import/export companies. Known for his generosity in his constituency, he has held several political positions and remains a key figure in Ijebu politics.

7. Gboyega Nasir Isiaka (GNI) – Net Worth: $95 Million

Political Office: House of Reps (Yewa North/Imeko Afon), Former Gubernatorial Aspirant
Business Ventures: Consulting, Agriculture, Financial Services

Gboyega Nasir Isiaka, popularly known as GNI, is one of the most respected figures in Ogun West politics. Though he has contested for governor three times without success, his political structure remains intact. He currently serves in the House of Representatives. GNI has a background in finance and consulting, having worked in both the private and public sectors. His wealth also comes from investments in agriculture and education-focused ventures.

8. Senator Buruji Kashamu (Late) – Net Worth: $90 Million

Political Office: Senator for Ogun East (2015–2019)
Business Ventures: Pharmaceuticals, Hospitality, Media

Though late, Buruji Kashamu's political and economic influence is still remembered in Ogun State. He was a strong political player, especially within the PDP. His wealth came from the pharmaceutical business and hotel chains across Nigeria. Buruji was controversial but generous, and his presence was deeply felt during his lifetime. He also owned a printing press and publishing outfit, adding to his sources of income.

9. Oladipo Odujinrin – Net Worth: $85 Million

Political Office: Former Deputy Governor of Ogun State
Business Ventures: Law Practice, Oil Trading

Odujinrin served as a deputy governor and has had a long-standing presence in Ogun politics. As a senior legal practitioner, he is a founding partner of one of Nigeria’s most respected law firms. He has also invested heavily in oil trading and energy consultancy. Though not as visible in the current political scene, his influence in the legal and business sectors remains significant.

10. Senator Akin Odunsi – Net Worth: $80 Million

Political Office: Former Senator, Ogun West (2011–2015)
Business Ventures: Media & Advertising

Akin Odunsi is a respected figure in both politics and the Nigerian advertising industry. Before venturing into politics, he was the Managing Director of Rosabel Advertising, one of the foremost ad agencies in Nigeria. He later served as senator for Ogun West, representing his people with distinction. He has since returned to private business but still maintains connections in Ogun political circles.

Summary Table: Top 10 Richest Politicians in Ogun State (2025)

Conclusion

The political scene in Ogun State is shaped not just by electoral power, but by financial might. From respected elder statesmen like Obasanjo to rising senators like Tolu Odebiyi, Ogun boasts of seasoned politicians who have blended governance with enterprise.

While some, like Dapo Abiodun, transitioned from boardrooms to politics, others, like the Adebutu family, wield influence both through business and campaign financing. Whether you are following Ogun politics out of interest or looking for influential figures in southwest Nigeria, this list gives you insight into who controls both power and money in the Gateway State.