Nigeria: Buhari’s wife Spotted Wearing Shs 48M (£15,000) watch


In what appears to be another display of brazen opulence, wife of the President of Nigeria, Aisha Buhari has been spotted wearing a £15,000 Chopard Happy Sport 36 MM stainless steel diamonds encrusted watch, (valued at N8.25 million at today’s free market forex rate of N550 per £1) raising more questions about the frugality, anti-corruption and man of the people image that got her husband elected as President of Nigeria in March 2015.

A statement released by her Future Assured pet project via a tweet on Monday contained an image of the First Lady and a short message disclosing that she was in New York to meet with United Nations hosted organisation, Stop TB Partnership at the 71st United Nations General Assembly (UNGA 71).

The last time Aisha Buhari visited the United States, she said she was on a visit to hold discussions with aid organizations on how to help the women and children facing starvation in the north eastern part of Nigeria. Her visit was however marred with the scandal of a Hermes Birkin 35cm Porosus Crocodile Gold Hardware Bag worth $105, 000 (over N40 million) which she was carrying as she arrived the United States.

Many questioned the rationale of her fund-raising visit to the United States when the price of her handbag alone is enough to feed thousands of IDPs for months.

In this new visit to the United States, Aisha Buhari is seen wearing a £15,000 Chopard Happy Sport 36 MM stainless steel diamonds encrusted watch. When converted to Nigerian Naira at the current exchange rate of N545 to £1, the wristwatch is worth N8, 175,000.

To fairly appreciate the value of an N8 million wristwatch (yes, wristwatch), N8 million is worth 4 times more than the annual salary of a serving Nigerian minister and twice the amount a minister is entitled to for his/her annual housing allowance.

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