With only $150,000 in savings, Nigeria’s leader may be the least corrupt in Africa

By the standards of sub- Saharan African leaders , Nigeria ' s President Muhammadu Buhari is dirt - poor . According to a statement released by his government, he has $ 150 ,000 in his savings account. He owns five homes and two mud houses, an orchard and ranch with 270 head of cattle , 25 sheep, five horses and a variety of birds . He has bought two cars from his savings

"President Buhari had no foreign account, no factory and no enterprises . He also had no registered company and no oil wells ," reads the statement released by the spokesman , Garba Shehu , describing the president ' s assets as "Spartan . "

Everyone in Abuja is just talking about how their vice-president is richer than President Buhari after wealth declaration! - wrote Cynthia Nyamai on Twitter 10:46 AM - 4 Sep 2015
Cynthia Nyamai
@CynthiaNyamai 

The question on many minds is this : Is Buhari , Nigeria ' s former
military ruler and ex - head of the oil ministry, telling the truth ?
Corruption , after all , is a major problem in Africa' s largest economy.
Buhari himself has publicly said that more than $ 150 billion is missing
from the government ' s coffers. Still, the public declaration appears to
be an attempt to show some much - needed transparency. Buhari was
elected in March largely by promising that he wouldn ' t tolerate
corruption .
What' s clear is that Buhari has done what his predecessors — and
most other African leaders — have never done .
Nigeria's President Buhari has $150,000 (£100,000) in his personal account. Can
other African presidents reveal.
While on Twitter this account wrote... 

AFRICA IS A COUNTRY  @AfricasaCountry
BBC News (World)
Nigeria's President Muhammadu Buhari declares assets - BBC News
By BBC News (World) @BBCWorld
Nigeria's President Muhammadu Buhari declares he has $150,000 (£100,000) in
his personal account - far less than his vice-president.
Nigeria's last 3 presidents: Umaru Yar'Adua worth $5m (£3.5m), Goodluck
Jonathan didn't want to say how much, and General Buhari $150,000.

AFRICA IS A COUNTRY @AfricasaCountry Follow
Nigeria's new president shows everyone his bank balance - and it's not that much

The Independent @Independent 

Consider these five other African leaders . They have been labeled by
Forbes Magazine as the "five worst leaders in Africa. "
1. Teodoro Obiang Nguema Mbasogo , president of Equatorial Guinea 

He ' s Africa' s longest - serving ruler , an autocrat who leads the tiny, oil-
rich West African nation of Equatorial Guinea. Despite its vast natural
wealth, the majority of its people live in deep poverty with no access
to clean drinking water , proper educational or health facilities. One
fifth of children die before age 5 . The money has gone into the
pockets of Mbasogo and his family. They own luxury properties in the
United States and other countries, a private jet and a fleet of luxury
cars.

2. José Eduardo dos Santos, president of Angola

He ' s Africa' s second - longest - serving leader. Angola is the continent ' s
second - largest oil producer , and one of the biggest suppliers of oil to
the United States. It also has massive diamond deposits. Dos Santos ' s
relatives hold key positions in his government and control a huge
share of Angola ' s economy, amid widespread allegations of
corruption . Nearly 70 percent of the population lives in dire poverty ,
and a third of the nation ' s children are malnourished .

3. Robert Mugabe , president of Zimbabwe

He has ruled the southern African nation for a quarter- century . He
was the architect of controversial policies , most notably the seizure of
white- owned commercial farms . Though the country in recent years
has seen an economic rebound, Mugabe remains one of the
continent ' s most autocratic rulers . He wields nearly total control of
government institutions, and his loyalists have used violence to retain
control. Human rights abuses are rife , while unemployment remains
among the highest in sub - Saharan Africa.

4. Omar Al -Bashir , president of Sudan

Bashir seized power in a bloodless military coup in 1989 and has since
disbanded political parties, the nation ' s parliament and many
privately - owned media outlets. Under his rule , civil war erupted , in
which more than 1 million people were killed . Bashir is wanted by the
International Criminal Court at the Hague on charges of war crimes
and crimes against humanity for his role in the killing and rape of
civilians in Sudan ' s Darfur region . A U.S . diplomatic cable, leaked by
Wikileaks, unveiled that Bashir may have stolen as much as $ 9 billion
from state coffers and deposited it into his private bank accounts in
Great Britain.

5. King Mswati III, king of Swaziland

He is the continent ' s last reigning monarch , presiding over a nation
with one of the world ' s highest HIV rates , where average life
expectancy — 33 years — is among the lowest in the world . Despite
his people' s suffering , the king leads a lavish life with a taste for
luxury cars , first - class travel and expensive parties , even as the
nation' s economy is in dire straits .

Source : The Washington Post