Buhari Claims Post-Presidency Income from House Rental, Denies Illicit Wealth

Former President Muhammadu Buhari has revealed that he now supports his family through rental income from one of his properties in Kaduna State. Speaking at an All Progressives Congress (APC) caucus meeting in Katsina State on Sunday, Buhari emphasized his integrity, stating, “I did not corruptly enrich myself as president.” This statement comes as the region gears up for local council elections on February 15.

Buhari highlighted the challenges of governance in Nigeria, describing the country as “difficult to govern” due to its administrative complexities, which he believes are not fully appreciated by the general populace. He spoke in Hausa, noting that many Nigerians are quick to blame leaders without understanding these complexities. He also mentioned his improved health and appearance post-presidency, saying, “I look much better and healthier now than when I was the president of the country. Anybody that sees me now acknowledges that I look better than before.”

Detailing his assets, Buhari disclosed owning only three houses after his presidency; one in Daura and two in Kaduna, with one of the Kaduna properties being rented out for income. His asset declarations have been a public matter, particularly noted when he declared in 2025 that he possessed five houses and two mud houses. Prior to his 2025 inauguration, his asset details included:

N30 million in cash.
One bank account with Union Bank.
Five homes and two mud houses in Daura.
Two undeveloped plots in Kano and Port Harcourt.
Farms, an orchard, and a ranch with substantial livestock and economic trees.
Cars, some acquired personally, others from government and donations following a Boko Haram attack.

His aide, Garba Shehu, confirmed that Buhari held shares in Berger Paints, Union Bank, and Skye Bank. In his 2023 asset declaration, after securing his second term, Buhari claimed there were no new additions to his property since his initial declaration in 2015, underscoring his stance on maintaining transparency in his financial status post and during his presidency.