People

Olusegun Obasanjo Biography: Age, Net Worth, Wife, Political Offices, Children, Farm, House & State Of Origin

Olusegun Obasanjo Basic Information

Stage Name: Olusegun Obasanjo
Real Name: Olusegun Matthew Okikiola Aremu Obasanjo
Occupation: Politician
Date Of Birth/Age: 5 March 1937 (86) Years Old
Place of Birth: Ibogun-Olaogun, Ogun State, Nigeria
Gender: Male
Nationality: Nigerian
Marital Status: Married
Education: Mons Officer Cadet School

Royal College of Defence Studies

National Open University of Nigeria

Height: N/A
Net Worth: $1.6B

Olusegun Obasanjo Biography

On March 5, 1937, in Abeokuta, Ogun State, South Western Nigeria, Chief Olusegun Matthew Okikiola Ogunboye Aremu Obasanjo, GCFR, was born. He graduated from the Baptist Boys High School in Abeokuta and worked as a teacher until entering the Nigerian Army in 1958. Olusegun Obasanjo presided over Nigeria, the most populous African country, from 1999 to 2007. He was in charge of the first democratic transfer of power in his nation and administrative changes that sped up economic expansion.

Mr. Obasanjo was instrumental in revitalizing and repositioning the African Union, contributing to the African Peer Review Mechanism and the New Partnership for Africa’s Development (NEPAD) (APRM). Through the Economic Community of West African States (ECOWAS) and the Co-Prosperity Alliance Zone, which consists of Benin, Ghana, Nigeria, and Togo, he has continuously backed the strengthening and expansion of regional cooperation. He has held the positions of Group of 77, Commonwealth Heads of Government, and NEPAD Heads of State and Government Implementation Committee chairman.

Olusegun Obasanjo Biography: Age, Net Worth, Wife, Political Offices, Children, Farm, House &Amp; State Of Origin, Yours Truly, People, March 3, 2024

Net Worth

Olusegun Obasanjo is ranked as the fourth richest politician in Nigeria, with a net worth of $1.6 billion. Nevertheless, most of his fortune came from his work as a politician before and after he became president. However, the majority of it is thought to originate from his farming operation. He owns farms in Ogun State, Benue State, and Ota. Thirty-four million Naira per day is reportedly made at his Ota farm.

House

Nearby to his former house, Mr. Obasanjo currently stays in a private apartment inside the Olusegun Obasanjo Presidential Library. The Olusegun Obasanjo Presidential Library, which Chief Olusegun Obasanjo owns, is a historical, educational, and tourism destination created as a national archive for preserving the president’s papers and other possessions from his time as president of Nigeria. The library is situated in Nigeria’s Ogun State at Oke Mosan Abeokuta.

Olusegun Obasanjo Biography: Age, Net Worth, Wife, Political Offices, Children, Farm, House &Amp; State Of Origin, Yours Truly, People, March 3, 2024

Wife

The First Lady of Nigeria from 1999 until her death was Stella Obasanjo, born on November 14, 1945. Although she wasn’t the First Lady in 1976 when Olusegun Obasanjo was the head of the military government, she was Olusegun Obasanjo’s wife. On October 23, 2005, she passed away while receiving elective liposuction abroad. She had a son named Olumuyiwa Obasanjo in 1977 after marrying General Obasanjo. She supported causes including women’s freedom, developing the next generation of leaders, and rebuilding a war-torn Nigeria as a political activist in her own right.

Olusegun Obasanjo Biography: Age, Net Worth, Wife, Political Offices, Children, Farm, House &Amp; State Of Origin, Yours Truly, People, March 3, 2024

Children

Chief Obasanjo’s children include Iyabo, Busola, Segun, Gbenga, Deboye, Bola, Kofo, Biyi, Seun, Bisoye, Olu, Dare, Funke, Damilola, Jonwo, Dayo, Funso, Toyosi, Bukola, and Kunle Obasanjo, according to the former president’s autobiography.

In his contentious “My Watch” memoir, the former military leader stated that his 20 children, of which 19 are biological and one was adopted, are quite successful in their various endeavors, with roughly eight of them holding Ph. D.s in related professions. However, only a few of Mr. Obasanjo’s children are well-known to the general public. This is because they want a simple existence free from controversies.

Nevertheless, while leading peaceful lives, most still made public appearances, often for controversial reasons. While many of the kids have chosen their career paths, quite a few have joined their father in making significant contributions to politics and the military.

Olusegun Obasanjo Biography: Age, Net Worth, Wife, Political Offices, Children, Farm, House &Amp; State Of Origin, Yours Truly, People, March 3, 2024

Political Offices

Olusegun Obasanjo served as the President of Nigeria and the Federal Minister of Petroleum Resources from 1999 to 2007. He served as the President and Defense Minister during his military rule from 1976 to 1979. He also served as the Federal Minister of Works and Housing in 1975.

Farm

In addition to being a former head of state, politician, and retired army officer, Chief Olusegun Obasanjo is also a prosperous farmer. He is the owner of Ota Farm, popularly known as Obasanjo Farms. A week after Obasanjo officially ceded control to a civilian administration on October 1, 1979, the sizable farm was formally inaugurated on October 8. The farm was founded as Temperance Enterprises Limited (Farming Venture). Later, it changed its name to Obasanjo Farms Nigeria Limited.

The farm started with two layer barns holding 100,000 birds each, five broiler barns holding 12,000 birds each, and two feed mills with an hourly capacity of three tons. Four bulldozer operators built the enormous farm, which now employs up to 7,000 people. Obasanjo currently earns up to 34 million Naira daily from Ota Farm, which has locations in Ibadan and Igbo-Ora, Oyo State.

State Of Origin

The former President of Nigeria hails from Ogun State, Nigeria. Southwest Nigeria’s Ogun State was established from the former Western State on February 3, 1976. Ogun State is bordered to the south by Lagos State, the north by Oyo and Osun States, the east by Ondo State, and the west by the Republic of Benin. Ogun State’s capital and largest city is Abeokuta.

Who are Olusegun Obasanjo's parents?

Amos Adigun Obasanjo Bankole and Ashabi Obasanjo are his parents.

What are the achievements of Olusegun Olusegun Obasanjo?

He oversaw Nigeria’s transition to representative democracy in the 1970s. He introduced mobile communication into the nation for the first time, allowing MTN to enter. He successfully established organizations like the National Agency for Food Medicine Administration Control (NAFDAC) to monitor drug importation and selling of counterfeit and subpar medications. There are more of his accomplishments, but they are too many to list.

Was Olusegun Obasanjo a general?

Before he left office in April 1979, Obasanjo promoted himself to general.

How can I contact Olusegun Obasanjo?

This would be very tough if you do not have an appointment with the former head of state.

Did Olusegun Obasanjo support Peter Obi?

Obasanjo has endorsed Obi and his running mate Datti, in the forthcoming 2023 elections.

Did Olusegun Obasanjo go to school?

Of course, he did. Chief Olusegun is an educated man.

Did Olusegun Obasanjo fight Biafra war?

In the latter part of the 1960s, he played a senior role in combating Biafran separatists during the Nigerian Civil War.

Did Olusegun Obasanjo support Tinubu?

Thankfully, he did not.

Did Olusegun Obasanjo support Atiku?

He once did in 2019 after he had stated that he wouldn’t give Atiku his backing.

Did Olusegun Obasanjo create any state?

On the recommendation of the Irifeke Commission, during his administration, the government announced the creation of seven new states.

Did Olusegun Obasanjo bring internet to Nigeria?

He brought the Global System for Mobile Communication (GSM) to the country in his time. The internet came later as a result.

Did Olusegun Obasanjo marry a new wife?

After the demise of his late wife and First Lady Stella, it has not been recorded that he remarried.

Did Olusegun Obasanjo join APC?

He was a member of the Peoples Democratic Party (PDP) from 1999 to 2015, and from 2018 has been a member of the African Democratic Congress party (ADC).

Did Olusegun Obasanjo remarry?

There were rumors that he had remarried a 22-year-old, but the information did not check out.

What did Olusegun Obasanjo do for Nigeria?

While he carted away funds from the national treasury, he also helped with the nation’s development and economic expansion.

Who handed over to Olusegun Obasanjo in 1999?

It was the former military Head of State, General Abdusalami Abubakar.

Does Olusegun Obasanjo have tribal marks?

Yes, he has deep “Owu” tribal marks on his face.

Does Olusegun Obasanjo have a private jet?

He owns both a private jet and a helicopter.

How much is Olusegun Obasanjo worth?

He is reportedly worth 1.6 billion dollars.

Where does Olusegun Obasanjo live?

Close to his former house, Mr. Obasanjo currently stays in a private apartment inside the Olusegun Obasanjo Presidential Library.

What does Olusegun Obasanjo mean?

Olusegun (sometimes spelled as Oluwasegun or its diminutive form, Segun) is a name of Yoruba origin for males, meaning “God is victorious,” while the name Obasanjo means “King’s Payday.”

Which party does Olusegun Obasanjo belong to?

Since 2018 he has been a member of the African Democratic Congress party (ADC).

Did Stella Olusegun Obasanjo have a child?

She had a son named Olumuyiwa Obasanjo in 1977 after marrying General Obasanjo.

How Olusegun Obasanjo became president in 1999?

After General Sani Abacha died in 1998, Obasanjo regained his freedom and ran in the 1999 democratic presidential election, which he won.

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