. 200 Nigerian politicians, security officers listed
. Nigerians second highest foreign property purchasers with 1,824 assets
Investigations have revealed that some
politically exposed personalities in Nigeria have doubled their investments in the real estate sector of Dubai, United Arab Emirates, in the past four years.
The investigation, according to Businessday newspapers, is part of ‘Dubai Unlocked,’ a six-month probe of UAE’s booming and secretive property market led by the Organized Crime and Corruption Reporting Project (OCCRP) together with more than 70 media partners.
Only one Nigerian firm, Economy Post, participated in the project.
The report revealed that as of 2020, 800 houses were traced to Nigerian PEPs, but four years later, the number had increased to 1,600.
Also in terms of value, the report said as of 2020, 800 properties valued at $400 million were traced to Nigerian PEPs in UAE’s commercial capital, but it has now increased to nearly $1 billion and 1,600 properties.
The report which quoted Dubai Land Department, listed Nigerians as the second highest foreign purchasers of Dubai properties after India.
According to the report, “BusinessDay’s data analysis showed that aside from PEPs, top security agents, civil servants and people connected in government with their family members own 88 percent of properties ascribed to Nigerians in Dubai.
“The locations are mostly posh areas, including Burj Khalifa, world’s tallest building; Marsa Dubai, Al Merkadh, Palm Jumeirah, Wadi Al Safa, Madinat Al Mataar, and Nad Al Shiba First, among others.
“Findings showed that some Nigerian male property registrants identified as females while did females registered as the opposite sex.”
But the newspaper clarified that the report is not an indictment on the listed persons, as there is no evidence that the individuals acquired the properties with stolen or public funds.
Below is the list:
Former VPATIKU ABUBAKAR
A three-bedroom flat estimated at $1.23 million at Palm Tower in Dubai.
ATIKU’S 23-YEAR-OLD DAUGHTER
A one-bedroom flat at Trade Centre Second, valued at $104,135. She also owns another two-bedroom flat at Hadaeq Sheikh Mohammed Bin Rashid estimated at $289,305.75.
AGF LATEEF FAGBEMI
Nigeria’s chief attorney and justice minister owns an $85,846 property at Al Hebiah Third.
NASIR EL-RUFAI
A four-bedroom flat valued at $193,084 at Al Hebiah Third was traced to the former Kaduna Governor.
Peter Obi’s running mate, YUSUF DATTI BABA-AHMED
Eight properties valued at $2.28 million were traced to the running mate to Peter Obi, Labour Party’s Presidential Candidate in the 2023 elections. The properties are located in choice locations such as Burj Khalifa, Al Yelayiss, Al Barsha South Fourth, and Town Square Safi 2.
IFEANYI UBA
A property valued at $1.13 million. While eight properties were linked to Uchenna Uba, his wife. The values were not inserted in the files, but one property (a villa) at Wadi Al Safa 7 costs about $1.13 million, while two others are valued at $294, 516 each.
Ex Sokoto governor, ATTAHIRU BAFARAWA
7 properties valued at $1.48 million, while another real estate asset, located at Palm Jumeirah and valued at $750,112, belongs to his wife.
Ex-Kaduna Governor, AHMED MARKAFI
A property at Burj Khalifa valued at $822,016 was traced to the former Kaduna governor
Ex-IGP TAFA BALOGUN
The former Inspector-General of Police, who is now late, was linked with five properties in various locations, including Marsa Dubai. The properties cost more than $1 million.
Retired AIG MBU JOSEPH
A property was traced to the former Assistant Inspector-General of Police (AIG).
Ex-PDP National Chairman AHMADU ALI
A property whose value was not stated was traced to the former Peoples Democratic Party (PDP) chairman, while one valued at $422,887 was traced to his daughter, Khadijah Nneamaka Ali.
Ex-Borno governor MAINA AJI LAWAN
11 properties were traced to the former Borno State governor and senator.
Wife of ex-PDP chairman ASHE AHMADU MUAZU
Wife of a former PDP chairman, owns a property located at Hadaeq Sheikh Mohammed Bin Rashid, valued at $1.16 million.
CHRISTABEL BENTU
A former special assistant to one-time governor of Plateau State, Joshua Dariye, owns a property .
Customs officer ISA MAHMOUD NUHU
Two properties were traced to this Nigeria Customs Service (NIS) senior official. One property is estimated at $553,802.
Retired AirForce officer, SALISU ABDULLAHI YUSHAU
Two properties were traced to this former senior officer of the Nigerian Air Force.
Ex-NEMA DG MOHAMMED SIDI SANI
A flat at Marsa Dubai, valued at $590,807, was traced to the former director-general of the National Emergency Management Agency (NEMA), who was sacked in April 2023 with seven of the agency’s directors. The property is valued at $590,807.
Wife of Ex-Borno governor HADIZA ALI SHERIFF
A Marsa Dubai property valued at $3.093 million was linked to wife of former Borno State governor.
Former Finance Minister NENADI USMAN
One real estate was linked to this Nigeria’s former finance minister.
Ex-TUC president,BOBBOI KAIGAMA
A property was traced to this Labour leader who was Trade Union Congress (TUC) president.
Senator JIMOH IBRAHIM
7 properties were linked to the senator representing Ondo South.
Ex-deputy Senate President IKE EKWEREMADU
Five properties were traced to Ike Ekweremadu, former deputy Senate president, who is serving a jail term in the United Kingdom.
Ex-Abia governor ORJI UZOR KALU
One property was traced to the former Abia State governor who is now a senator.
Retired General JEREMIAH USENI
One property was traced to the former military governor of old Bendel State.
Ex-Aviation minister OSITA CHIDOKA
A real estate estimated at $101,793.37 at Jabal Ali First was traced to this former aviation minister.
Ex-PDP spokesman OLISA METUH
Another real estate asset was linked to Olisa Metuh, former PDP spokesman.
Former head of state ABDULSALAMI ABUBAKAR
A property at Marsa Dubai is said to be owned by Nigeria’s former head of state.
HASSAN ARDO TUKUR
A property valued at $1.025 million is reportedly owned by a former principal secretary to ex-President Goodluck Jonathan.
ADEYEMI IKUFORIJI
A property at Marsa Dubai was traced to this former speaker of the Lagos State House of Assembly.
DAN ETETE
Another property is said to be owned by Dan Etete (Dauzia Loya Etete), Nigeria’s former petroleum minister.
