Nigeria on my mind
Inside Life – Baron Ray
A few hours ago, we requested that readers should provide the list of all billionaires in Nigeria known to them and how they got to be wealthy. Below is what we have:
- Anthony Elumelu
- Jim Ovia
- Enoch Adeboye
- Afe Babalola
- Tonye Cole
- Femi Aluko
- Seyi Makinde
- Emir Sanusi
- Igho Shanomi
- Ibrahim Babangida
- Amaechi Rotimi
- Abba Kyari
- Femi Otedola
- Aliko Dangote
- Bola Shagaya
- Olusola Saraki
- Dino Melaye
- Yaya Bello
- El Rufai
- Bola Tinubu
- Segun Obasanjo
- Seyi Tinubu
- Wale Tinubu
- Ali Modu Sheriff
- Mallam Indimi
- Folorunso Alakija
- Coshas Maduka
- Okoya of Eleganza
- The Abachas
- Abdusalam Abubakar
- Adams Oshiomhole
- Babatunde Raji
- Arthur Eze
- Emeka Ofor
- David Oyedepo
- Mohammed Inuwa
- Abubakar Maina
- Mohamed Buhari
- T. Y. Danjuma
- Uduaghan Emma
- Orji Kalu
- Allen Onyema
- Rochas Okorocha
- Peter Obi
- Celestine Ebubeogu
- Michael Adenuga
- Atiku Abubakar
Discussion
Group 1 Billionaires
Out of the 47 names mentioned, 24 of them held office directly and their wealth is only linkable to the era in which they were in office. We thus cautiously concluded that over 50% of the recognizable billionaires in Nigeria obtained their wealth by having held some political office of sorts! These people have no known industry of note; they’re not known to employ up to 500 persons nor have firms turning over huge volumes annually.
Group 2 Billionaires
There are 10 persons in this group. These are people known to have made it good by being very close associates of some that had held office. They have never held office but have been extremely close to those that did. And their wealth is linkable to the era in which their principals held office. They make up about 18% of the population of study!
Group 3 Billionaires
There are also 10 persons in this group. These people are not known to have held office nor have the arrival of their wealth been linked with anyone that held office at any era. These people make up about 18% of the statistical distribution. They have known industries and firms with pedigree. Employers of Labour and contributing to human development. Leaders of the religious groups are grouped here.
Group 4 Billionaires
There are 3 persons in this group. Never held office in any way but their beginnings are hazy. They are somewhat linked to those that have held office but we couldn’t be certain. They are smart, grey and undefined and need to be more researched. Decent enough but sufficiently grey to attract sidelong looks.
From the fore-going, we could infer that those that exploit this unfortunate structure wrought by a most unfortunate constitution make up about 70% of the population.
These are people who do not manufacture one item, do not employ labour, do not pay appreciable taxes and contribute little to the economy but misery! 70% of the billionaires have their fangs deeply sunk into the juicy flesh of the treasury.
Only about 30% in the population of study bear the brunt of providing employment, adding value and reducing the poverty of Nigerians!
That’s the prebendal nature of the Nigerian structure; that’s the system some neophytes in Nigeria want to murder themselves for. That’s the ugly system uninformed Nigerians validate with their votes every four years! That’s the disaster we are upholding in the name of constitution! That’s the corruption we pretend to fight while the structure is dedicated ONLY to corruption!
And it’s those 70% we unfortunately, label as leaders.
If they are the leaders, where then are the criminals? Those cannibals are leading us straight to hell.
You could be a leader too in Nigeria……just steal enough to make the list and you are declared a leader.
Without the #autonomous Regions, the death of Nigeria would be a certainty; Nigeria shall be canibalized to death. It’s as sure as water flows in the River Niger!
ThinkAgain!
Baron Roy
