Wealth Sources of Nigeria's 2027 Presidential Candidates

As Nigeria approaches the 2027 presidential election, candidates Bola Ahmed Tinubu, Peter Obi, and Atiku Abubakar have addressed questions regarding their wealth. Tinubu, a chieftain of the All Progressives Congress (APC), stated in a December 2022 BBC interview that his wealth stemmed from real estate holdings he inherited and developed, denying any irregularities in Lagos state finances.

Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), described himself as a trader who transitioned into banking, claiming to have been the sole importer of several products and holding significant shares in banks before becoming the governor of Anambra. He rejected allegations of undisclosed offshore businesses.

Atiku Abubakar, the candidate for the African Democratic Congress (ADC), detailed his wealth from investments in oil and gas, logistics, agriculture, real estate, and education, asserting that he funded the founding of the Peoples Democratic Party (PDP) and voluntarily waived his immunity for a government investigation that cleared him of wrongdoing.