If you are searching for how much is Babajide Sanwo Olu net worth in 2019, here is the exact place to find it and every other thing you need to know about the man.
Born on June 25th 1995, Babajide Sanwo-Olu is a Nigerian politician and the present Governor of Lagos State. His victory in the 2019 gubernatorial elections saw him take over from Akinwunmi Ambode as the 15th Governor of the state.
Babajide Sanwo Olu Net Worth 2019
From our findings and calculations, as of August 2019 Babajide Sanwo-Olu’s net worth is about $200 million. That is 72,000,000,000 Naira.
That amount is still unofficial as Forbes is yet to publish his 2019 net worth. However once it is published, it won’t be far from what we actually got from our calculations.
So if you are searching for Sanwo-Olu’s net worth in 2019, that is how much he is worth presently.
His Early Life And Education
Babajide Olusola Sanwo-Olu on the 25th of June, 1965.
After his secondary school education, he proceeded to study at Lagos State University where he got a B.Sc and an MBA in surveying.
According to reports, Jide Sanwo-Olu also studied at the Kennedy school of Government, USA, London Business School and also Lagos Business School (LBS).
Following his graduation from school, the Governor worked at former Lead Merchant Bank as a treasurer (from 1994 to 1997).
From there he moved to United Bank for Africa (UBA) where he worked as the head of foreign money market.
After some time in UBA, he left to First City Monument Bank (FCMB). There he served as a deputy general manager and also divisional head.
Also Read: Richest Governors in Nigeria
Sanwo-Olu has also once served as the chairman of Baywatch Group Limited and First Class Group.
He is also among the board members of the Department for International Development(DFID/DEEPEN), fund and Audit Committee of Caverton Offshore Services Group.
Personal Life And Family
Sanwo-Olu is one of the few Nigerian politicians that has managed to keep himself from scandal when it comes to his relationships and private life.
The able Governor of Lagos state is married to only one wife, Dr. Ibijioke Sanwo-Olu and their home is blessed with a good number of children.
His Political Appointment Before 2019 Elections
Before becoming the Governor of Lagos State in 2019, Babajide Sanwo-Olu served as a special Adviser on Corporate matters in 2003 to the Lagos deputy governor then, Femi Pedro.
While playing that role, he was also made the acting commissioner for Economic Planning and Budget.
During Governor Bola Tinubu’s administration, Jide Sanwo-Olu was given the opportunity to serve the state as the commissioner for commerce and industry.
When Babatunde Fashola took over from Tinubu as the governor of Lagos State, he made Sanwo-Olu commisioner for Establishments, Trainings and Pensions.
In 2016, Governor Akinwunmi Ambode made him the Managing Director and CEO of Lagos State Development and Property Corporation (LSDPC).
What that simply means is that Sanwo Olu successfully served every Lagos State governor since 2003, beginning Bola Ahmed Tinubu, he actively participated in the operation of the state.
How He became The Governor of Lagos In 2019
Following Ambode’s fallout with some political heavyweights in the state like Bola Tinubu ( APC’s National leader and Ambode’s political godfather), the former began to be accused of many things, including mismanagement of state resources.
On the 16th of September 2018, Sanwo-Olu officially made public his intention to run for the office of the governor of Lagos State. Being a member of the All Progressive Congress (APC) which is the ruling party in the state, he decided to contest under the party.
As expected, this decision of his was widely received and well supported by several big names across the state including the Lagos State House of Assembly.
Dr. Hamzat Femi who was also contesting for the same position under the party had to withdraw in support of Sanwo-Olu.
On the 2nd of October 2018, the All Progressive Congress (APC) held their Lagos gubernatorial primaries and Sanwo-Olu came out victorious, flooring the incumbent Governor Ambode completely.
He went on to win the Lagos State Gubernatorial Elections which held on the 9th of March 2019 triumphing over PDP’s candidate Jimi Agbaje and other candidates from other parties.
On the 29th of May 2019, Babajide Sanwo-Olu was sworn into office as the 15th Governor of Lagos State.
His International Recognition And Awards
The amiable governor of Lagos State has received so many international recognition and awards, some of those award are listed below.
- In 2009, he received “Best in Human Capital Development award from the Industrial Training Fund(ITF).
- He received “Merit award” from the National Association of National Accountants of Nigeria.
- LSDPC Impactful Leadership and Recognition Award.
- Merit Award from the Chartered Institute of Personnel Management in Nigeria (CIPMAN).
- Lagos State Public Service Club also gave him the “platinum” award for his diligence and hardwork.
- He also received “Merit Award” from the Association of professional Women Engineers of Nigeria (APWEN)
Babajide Sanwo-Olu is a very committed Christian and so is his wife Dr. Ibijioke Sanwo-Olu and the rest members of his family.
Babajide Sanwo olu net worth is one of the most searched keywords that relates to Nigerian politicians in 2019. While Forbes or any other finance magazine is yet to publish his official net worth, we can see from our discovery that he is worth about $200 million presently.
He is one politician who started from the grassroots and worked his way up to where he is today. He is indeed a role model to so many young people out there who have interest in politics.
From the look of things presently, the governor may out perform his predecessor whom most people have actually come out to say he worked very little or nothing while in office.
But what do you think about the present governor, do you think he will truly outperform Ambode? Let me know in the comment section below.