Controversies
Obasanjo was accused of being responsible for political repression. In one particular instance, the compound of Nigerian musician and political activist Fela Kuti was raided and burned to the ground after a member of his commune was involved in an altercation with military personnel.
Fela and his family were beaten and raped and his mother, political activist Funmilayo Ransome Kuti, was killed by being thrown from a window. Her coffin was carried to Obasanjo’s barracks as a protest against political repression.
Obasanjo was also embroiled in controversy regarding his Third Term Agenda, a plan to modify the constitution so he could serve a third, four-year term as President.
This led to political media uproar in Nigeria. The bill was not ratified by the National Assembly and consequently, President Olusegun Obasanjo stepped down after the April 2007 general election.
Networth And House
Like most politicians and people who have held positions in the Nigeria Government, Obasanjo has been able to accumulate wealth. Though he refers to himself as just a farmer, we believe his running as a two time Nigerian head of state did well to boost his wealth. Apart from his assets amassed from being a politician, he happens to be a farmer and a shrewd businessman who has one of the largest chicken poultries in West Africa, owns an oil block and is covertly involved in over 6.5% of the total major oil production, marketing, and distribution in the country. With all this, his net worth is estimated to be around a whopping $1.5billion.
OBJ as he is fondly called also has many landed properties and one of his most prominent ones is his Hilltop home. This house is a beauty and it is located on a Hilltop in Abeokuta about an hour drive from downtown Lagos. The house which reportedly has fifty rooms and a cinema (popularly known as The Olusegun Obasanjo cinema), was built by the Abuja based Italian Company called Messrs Gitto Construzioni Generali Nigeria Limited. It was completed around the time before OBJ left office as president in 2007.
Source: BuzzNigeria
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