It will interest you to know that some doctors are billionaires in Nigeria. Within most universities, students studying Medicine and Surgery are held in the highest regard, as it appears that Nigerian society values them more than any other profession. This is likely the reason why doctors find it easier to secure jobs in Nigeria.
However, I have come across many young doctors who claim that the medical field is not very lucrative in Nigeria. While this may be partially true, it does not deny the fact that there are still doctors are billionaires in Nigeria.
In this article, I will reveal the top richest doctors in Nigeria for the year 2024. In my opinion, the doctors included in this list are those who have truly distinguished themselves and demonstrated exceptional skills in their respective areas of expertise.
If you have been searching the internet for information on the wealthiest doctors in Nigeria, this article is perfect for you. I assure you that you will not regret reading it.
Please note: It is important to acknowledge that not all the doctors mentioned in this list have solely accumulated their wealth through the medical profession. Some of them have additional sources of income.
Top richest doctors in Nigeria, 2024
1. Ambrose Bryant Chukwueloka:
Networth: $1.2 billion
Ambrose Bryant Chukwueloka Orjiako, with a net worth of $1.2 billion, is undeniably one of the richest doctors in Nigeria. He is a source of inspiration to medical students and practitioners across Nigeria. Orjiako, a trained orthopedic and trauma surgeon from the University of Calabar (UNICAL) worked at the Lagos University Teaching Hospital and later became a Senior Registrar at the National Orthopaedic Hospital, Igbobi, Lagos. However, it was his venture into various industries that truly propelled his financial success.
Through extensive research, I discovered that Orjiako ventured into private business, establishing interests in the upstream and downstream sectors of the Oil Industry, Shipping, Banking Insurance, and Pharmaceuticals. He assumed the role of CEO at Shebah E&P Company Limited, a prominent oil firm in Nigeria, and also became the Chairman of Zebbra Energy Limited, a well-known and influential company in the country. It was during this period that Orjiako's life took a significant turn for the better. Today, he is recognized as one of Nigeria's most prominent entrepreneurs, and his name is synonymous with success.
Not only has Orjiako achieved remarkable financial prosperity, but he has also become a source of inspiration for young doctors and medical students throughout Africa. His journey serves as a testament to the possibilities that lie beyond the confines of traditional medical practice.
2. Dr. Godwin Maduka:
Networth: $500 million
Dr. Godwin Maduka, a prominent Nigerian doctor, is often overlooked by many. However, he is one of the wealthiest doctors in Nigeria, with a net worth of $500 million. Currently based in the United States, Dr. Maduka has gained recognition in the medical industry, particularly in the field of surgery. In his home country, he is highly regarded as a well-educated, well-liked, and respected physician who has made significant contributions to the advancement of the healthcare sector.
Born in Umuchukwu town, Anambra state, in 1959, Dr. Maduka pursued a degree in medicine and surgery at the University of Port Harcourt in River State. He went on to establish the Las Vegas Pain Institute and Medical Center, where he specializes in anesthesiology, pain management, and critical care. Alongside his medical career, Dr. Maduka is also a successful businessman and philanthropist. Notably, he has constructed the largest medical research facility in West Africa in his hometown of Umuchukwu.
3. Dr. Olubukola Abubakar Saraki:
Networth: $100 million
Dr. Olubukola Abubakar Saraki, with a net worth of $100 million, is a prominent figure in Nigerian politics. Despite being relatively unknown to many Nigerians, he holds a medical degree. Dr. Saraki served as the governor of Kwara State from 2003 to 2011 and later became the president of the Nigerian Senate from 2015 to 2019.
Born on December 19, 1962, in London, Dr. Saraki comes from a politically influential family. His father, Olusola Saraki, was a senator for the Federal Republic of Nigeria from 1979 to 1983. Dr. Saraki began his education at Corona College in Lagos and later transferred to King's College in 1978 to complete his secondary education. He then attended Cheltenham College in the United Kingdom, where he obtained his high school diploma.
In pursuit of his passion for medicine, Dr. Saraki enrolled at the London Hospital Medical College of the University of London from 1982 to 1987. He successfully completed his medical studies, earning a Bachelor of Medicine and Bachelor of Surgery (MBBS) degree. After a brief period as a medical officer in London from 1988 to 1989, he returned to Nigeria to embark on a political career.
During his tenure as the governor of Kwara State, Dr. Saraki implemented various groundbreaking healthcare initiatives. Notably, in 2008, he spearheaded a nationwide campaign to reduce malaria-related maternal and infant mortality rates. This initiative involved providing free malaria medications and insecticide-treated mosquito netting to pregnant women and young children. Additionally, Dr. Saraki oversaw the redevelopment of hospitals in Afon, Pategi, and Lafiagi as part of a comprehensive hospital development program across the state.
4. Dr. Chris Nwabueze Ngige:
Networth: $40 million
Dr. Chris Nwabueze Ngige, also known as Chris Ngige, is a licensed medical doctor in Nigeria. Born on August 8th, 1952, he obtained his MBBS degree in Medicine and Surgery from the University of Nigeria, Nsukka in 1979. Prior to his involvement in politics, Dr. Ngige worked in the medical field and even served in the National Assembly's State House clinic.
Having held the positions of governor and senator for Anambra State, Dr. Chris Ngige currently serves as the acting minister of labor and employment. He is known for his effectiveness both as a politician and a medical professional.
5. Dr. Bankole A. Johnson:
Networth: $30 Million:
Dr. Bankole A. Johnson, a highly esteemed physician in Nigeria, stands out among his peers for his exceptional wealth and accomplishments. Raised in Nigeria, he received his education at the prestigious King's College in Lagos before pursuing further studies abroad. In 1993, he successfully obtained a doctorate in medicine from the esteemed University of Glasgow.
Currently, Dr. Johnson holds the esteemed positions of professor and chairman at the University of Virginia's Department of Psychiatry and Neurobehavioral Sciences. His reputation as a renowned and respected physician is widely recognized, and many aspiring medical professionals look up to him as a role model.
6. Dr. Paul Eneche:
Networth: $25 million
Dr. Paul Enenche specialized in Medicine at the University of Jos (UNIJOS) and is a certified Clinical Specialist in Nigeria. Besides being a renowned and respected pastor in Nigeria, Paul Enenche is also a talented singer. This combination of skills has attracted a large number of people to his Dunamis church.
It may surprise you to learn that Dr. Minister Paul Enenche hails from Orokam LGA, Benue State. Before becoming a minister, both Paul and Becky Enenche (his spouse) were practicing medical professionals in Benue State.
Despite his role as a pastor, Dr. Pastor Paul Enenche continues to contribute to the medical profession in Nigeria. He has established schools and hospitals for the underprivileged on numerous occasions.
In fact, Dr. Pastor Paul Enenche played a significant role in combating the current COVID-19 pandemic by providing facilities that were utilized to prevent the spread of the virus in several states.
Although he no longer practices medicine full-time, it seems that Dr. Pastor Paul Enenche did not accumulate his wealth solely through the medical field. Nevertheless, he remains one of the notable clinical specialists in Nigeria today.
7. Dr. Emmanuel Uduaghan:
Dr. Emmanuel Uduaghan, a prominent Nigerian politician, is widely recognized as one of the wealthiest doctors in Nigeria. He served as the governor of Delta State and has an impressive educational background, having studied at the prestigious College of Benin and graduating as a clinical specialist in the 1990s. Before venturing into politics, he established himself as a highly skilled and renowned medical practitioner in Delta State. While some may argue that his wealth is solely derived from his political career, it is not entirely accurate.
Research revealed that Dr. Emmanuel Uduaghan worked as a medical officer at Delta Steel Company from 1989 to 1994. He also served as a consultant anesthesiologist at the University of Benin Westend Hospital in Warri. It was only in 1999, when James Onanefe Ibori appointed him as the Commissioner for Health, that he entered the realm of politics.
Dr. Emmanuel Uduaghan is happily married to Roli and they have been blessed with two children. Although his exact net worth remains undisclosed, reports suggest that it amounts to millions of naira.
8. Dr. Jonathan O. Nwiloh:
Dr. Jonathan O. Nwiloh, MD is widely recognized as one of the wealthiest medical practitioners in Nigeria. Despite graduating from the University of Nigeria, he has spent the past 21 years practicing medicine in the United States.
Although Dr. Nwiloh specializes in thoracic surgery, he is constantly on the move, attending to patients in various hospitals. According to Usnews, hospitals often reach out to him for assistance due to his expertise and dedication.
Interestingly, Dr. Jonathan O. Nwiloh hails from Anambra, Nigeria, which may come as a surprise. While he initially pursued his education in Nigeria, he eventually ventured abroad to further his studies and professional career. During his time there, he excelled academically, earning the prestigious Annual Surgical Chief's Award for Outstanding Academic Achievement upon graduation.
It is worth noting that Dr. Jonathan O. Nwiloh, MD is a self-made physician. Through sheer determination and hard work, he has earned a substantial income in his field, primarily through online platforms. Today, he is highly regarded not only in his home country of Nigeria but also among his fellow medical professionals. Additionally, he currently serves as the President and Founder of the Global Eagle Foundation, a non-profit organization dedicated to providing assistance to humanity.
9. Dr. Olurotimi John Badero:
Dr. Olurotimi John Badero, born in Lagos State to the family of Mrs. Stella Taiwo Badero and Chief Eliab Olufemi Badero, will become the world's first and only fully trained cardio-nephrologist (kidney and heart specialist) in 2023.
His father, initially a fashion designer who later became a typist and administrative manager at Scoa Engines, and his mother, who worked as a secretary at Barclays Bank in the mid-1970s, shaped his upbringing.
Dr. Olurotimi attended St. Mary's Private School in Lagos and Federal Government College Odogbolu in Ogun State for secondary education. After completing undergraduate studies at Obafemi Awolowo University, Ile-Ife, he pursued Medical School and began his career at General Hospital Isolo in Lagos State before relocating to the United States.
Facing the challenges of survival in a foreign land, he juggled low-paying jobs while focusing on his professional success. He completed a three-year internal medicine residency at the State University of New York (SUNY) Downstate Medical Center in 2004 and passed the US National Medical Exam.
Furthering his specialization, he attended Emory University School of Medicine in Atlanta, where he earned expertise in various medical fields, including cardiovascular medicine, internal medicine, interventional cardiology, nephrology, hypertension, endovascular medicine, and peripheral vascular interventions.
Despite his achievements, Dr. Badero humbly refers to himself as a "peripheral vascular interventionalist" and "interventional cardio nephrologist." He has been honored with awards for his contributions to humanity and medicine, both in the United States and internationally.
When not practicing medicine in Brooklyn, New York, he serves as an assistant pastor at the Redeemed Christian Church of God in Jackson, Mississippi.
As of 2023, while his total assets remain undisclosed, Dr. Olurotimi lives a very comfortable life and he is committed to serving others.
Conclusion
I'll wrap up here for today. This list features Nigeria's wealthiest doctors. However, not all of them solely built their fortunes through medical practice.
I trust you found this article informative. If you did, please share it with as many of your friends as possible, especially those pursuing a career in medicine or are already medical practitioners. It may inspire them to strive harder in their profession. This article demonstrates that becoming a wealthy doctor in Nigeria is indeed achievable.