Comments on: Top 15 wealthy Nigerians worth N7.2 trillion -Forbes https://thecitizenng.com/top-15-wealthy-nigerians-worth-n7-2-trillion-forbes/ Nigeria's leading online newspaper Sat, 08 Aug 2015 13:11:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Nebukadineze Adiele https://thecitizenng.com/top-15-wealthy-nigerians-worth-n7-2-trillion-forbes/#comment-433 Sat, 08 Aug 2015 13:11:00 +0000 http://thecitizenng.com/?p=68896#comment-433 Most, if not all, of the names on this list are folks whose sources of wealth are dubious. Dangote enjoys a federal government of Nigeria (FGN) backed monopoly on imports of lots of goods and services — a monopoly not tolerated by any true capitalistic economy. Without this monopoly, which in the US would be considered antitrust (a crime), we would not know if Dangote would have become a millionaire. Danjuma enjoyed unqualified patronages from his military subordinates who took turns ruling Nigeria from 1984 through 2007. It is doubtful that he would have been wealthy were he not allowed to almost do whatever he wanted, as a businessman, through the instrument of the FGN. Alakija, we have been told, was a hairdresser who was rewarded with oil blocks by the military tyrants of Nigeria who had crushes on her. All she did to become a billionaire was sell the oil blocks to foreign oil company prospectors. Orji Uzor Kalu had been wealthy since he was in his 20s but rumor has it that his wealth had been tremendously frittered away by the time he became a governor. In other words, had he not become governor of Abia state (for eight years) and revamped his companies with the state’s resources, it is doubtful that his name would have made it into this list. Similar stories or rumors swirl around almost all of the rest of the names. If these rumors are true, then these are not millionaires worthy of celebrating. Whether they pay their true share of taxes to the different governments of Nigeria is another matter that should be left alone for now.

Whatever is the correct story, let us hope that these millionaires, henceforth, become better human beings and true citizens of their country through the manner that they dispense of their wealth. They should learn one or two things from Warren Buffet, Bill Gates, et al.

]]> By: OWM https://thecitizenng.com/top-15-wealthy-nigerians-worth-n7-2-trillion-forbes/#comment-432 Sat, 08 Aug 2015 08:38:00 +0000 http://thecitizenng.com/?p=68896#comment-432 I dont have a problem with the people and the figures. My problem with them is how they see heavy poverty in the lives of their people around them and they are still comfortable.

]]> By: tsunami1earthquake https://thecitizenng.com/top-15-wealthy-nigerians-worth-n7-2-trillion-forbes/#comment-431 Sat, 08 Aug 2015 05:02:00 +0000 http://thecitizenng.com/?p=68896#comment-431 Only a tip of the iceberg. All these thieves that have milked Nigeria dry are not there. Among people in this list Theophilus Danjuma, for example, is riding on the crest of corruption occasioned by corrupt acquisition of oil blocks. That is the source of his money. He just sits there and money from the oil blocks flows to him.

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