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Home TV Radio Talk Where I Live A-Z Index Low Graphics version | Change edition Feedback | Help News Front Page World Africa Americas Asia-Pacific Europe Middle East South Asia From Our Own Correspondent UK England Northern Ireland Scotland Wales Business Politics Health Education Science/Nature Technology Entertainment ----------------- Have Your Say Magazine In Pictures Week at a Glance Country Profiles In Depth Programmes LANGUAGES MORE > Last Updated: Wednesday, 24 November, 2004, 09:29 GMT E-mail this to a friend Printable version Obasanjo admits huge farm wealth Some Nigerians feel it is unfair for Obasanjo to earn so much money when most are poor Nigeria's President Olusegun Obasanjo has for the first time publicly declared the income from his private farm in the south-west. A spokesman for the president said he was earning 30 million Naira ($250,000) a month from his farm in Otta. Mr Obasanjo had made the public declaration to quell rumours that he was stealing money from the Nigerian state, the spokesman said. Africa's major oil producer is ranked among the world's most corrupt nations. Despite the oil wealth, the majority of the population lives on less than $1 a day. Mixed feelings The BBC's Nigeria editor Bilkisu Labaran Ohyoma says that the farm is massive and diverse, with various livestock including chickens, ostriches, pigs and fish, as well as crops. Profile: Olusegun Obasanjo The grounds also include a conference centre, where Mr Obasanjo recently hosted a regional summit on the crisis in Ivory Coast. Mr Obasanjo's spokesman Femi Fani Kayode said his farm was managed by professionals and much of the money was reinvested to develop the property. On the streets of the capital, Abuja, reaction to the declaration was mixed. Some said Mr Obasanjo had earned the money through hard work but others said it was not right that he was earning so much money when most Nigerians were living in poverty. One Nigerian told the BBC that it could do no harm for public officials to declare their wealth. E-mail this to a friend Printable version LINKS TO MORE AFRICA STORIES SelectSpain 'backed E Guinea coup plot'New plea for global landmine banNew Band Aid single goes on saleHain slams Zimbabwe cricket tourDarfur governor lifts aid curbsCoup plot 'silence' played downI Coast 'must renew peace effort'Churches warned over 'gay slurs'England stutter to Zimbabwe winUgandan peace talks move closerWorld 'short of health workers'Pringle to risk Zim deportationUN boosts DR Congo border forceHorrific death of Zambian envoyHero's welcome for Liberia starRetracing Che Guevara's Congo footstepsRecording the African HIV tragedyTelecoms thriving in lawless SomaliaReaping profits from hard groundDo antiretrovirals make a difference?African elections: Your picturesSend us your pictures of AfricaProgrammes and schedules  NIGERIA: TROUBLED GIANT Obasanjo's thankless task OIL BATTLES Petrol price dilemma Oil capital under siege Profile: Militia leader In pictures The militia fighting for local control of Nigeria's oil wealth COMMUNAL CLASHES Eyewitness: 'Town of death' Analysis: Behind the violence In pictures Learning the lessons in the aftermath of bloodshed MUSLIM NORTH Simmering tensions Sharia 'a political tool' Tracking down Nigeria's 'Taleban' BACKGROUND Country profile Timeline RELATED BBC LINKS: Focus on Africa Network Africa RELATED INTERNET LINKS: Muhammadu Buhari Olusegun Obasanjo Nigerian election commission The BBC is not responsible for the content of external internet sites TOP AFRICA STORIES NOW Spain 'backed E Guinea coup plot' New plea for global landmine ban New Band Aid single goes on sale Hain slams Zimbabwe tour News alerts | E-mail services | Desktop ticker | Mobiles/PDAs | Headlines for your site Help | Privacy & Cookies Policy | News sources | About the BBC Back to top ^^ News Front Page | World | UK | England | Northern Ireland | Scotland | Wales | Politics Business | Entertainment | Science/Nature | Technology | Health | Education Have Your Say | Magazine | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes BBC Homepage >> | BBC Sport >> | BBC Weather >> | BBC World Service >> Notes and corrections | Feedback | About BBC News | Profiles | History

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