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Nairaland Forum / Nairaland / General / Politics / The Demystification Of Nigerian Billionaires (5150 Views)
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Re: The Demystification Of Nigerian Billionaires by Bobrisky1: 6:26pm On Nov 24, 2019 |
[s] itsme01:[/s] 1 Like |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:39pm On Nov 24, 2019 |
Bobrisky1:Bobrisky ![]() |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:47pm On Nov 24, 2019 |
A lot of our billionaires are corrupt, yes, but do not confuse corruption with stupidity. This one was stupid. Once you stop to think about it, it is clearly money laundering. No business has that much liquid cash. Any business that one's to engage in that kind of capex will do it via loans. When did aviation become so profitable in naija? I think he was laundering money for someone who is getting jittery. 1 Like |
Re: The Demystification Of Nigerian Billionaires by Nobody: 9:08pm On Nov 24, 2019 |
ornicus:We will soon find out more information from the Department of Justice in the coming weeks. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 11:48pm On Nov 24, 2019 |
Kapeter: ![]() |
Re: The Demystification Of Nigerian Billionaires by Nobody: 12:56am On Nov 25, 2019 |
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Re: The Demystification Of Nigerian Billionaires by Nobody: 4:47pm On Nov 30, 2019 |
leokid866: ![]() |
Re: The Demystification Of Nigerian Billionaires by Nobody: 5:15pm On Nov 30, 2019 |
oz4real83:100 |
Re: The Demystification Of Nigerian Billionaires by Nobody: 6:24pm On Nov 30, 2019 |
DDeliverer:I agree 1 Like |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:11pm On Nov 30, 2019 |
FrLukas:The role models for the youths can be the Managing Directors of companies who worked their way from the bottom to the top. They should be the inspiration to Nigerians youths that hardwork pays. Not the fantastically corrupt politicians or dubious billionaire businessmen who launder money in offshore havens.
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Re: The Demystification Of Nigerian Billionaires by Nobody: 7:12pm On Nov 30, 2019 |
Vanhooijdonk: True. As long as their track records are there for all to see. No corner cutting. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:17pm On Nov 30, 2019 |
FrLukas:These are the lights that should be leading the country. They have a track record that is there for all to see. I believe if they were to be put in charge they will turn the country around in the next decade. How can we keep recycling the same set of bandits and expect change?It boggles the mind. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:19pm On Nov 30, 2019 |
Vanhooijdonk: Truth is, you can't hunger for what you've never tasted before. Most Nigerians don't know what good governance looks like. They've never seen it before. They think the Europe and America they see in movies came about by luck. 2 Likes 1 Share |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:25pm On Nov 30, 2019 |
FrLukas:They put their best and brightest in charge who had a had a track record of success in business,academics,military and technology. They always delivered on their promises, even if they collected bribes or inflated contracts. 2 Likes |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:29pm On Nov 30, 2019 |
Vanhooijdonk: True. In short, they developed a system that worked and still works. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:39pm On Nov 30, 2019 |
FrLukas:I believe during Gowon regime the system was a little bit efficient. The universities were still regarded as world class and the naira was on par with the dollar and pounds. After you graduated you were guaranteed a job and you could get a brand new Peugeot or Volkwagen for cheap. And we were not yet the corruption and money laundering capital of the world-our leaders were yet to start stashing money in Switzerland,UK,USA,Cayman Islands,Panama, Virgin Islands etc. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:43pm On Nov 30, 2019 |
Vanhooijdonk: It wasn't. It's because Nigeria had just been given Independence not so long ago then so things left by the colonialists were still functioning to an extent. It got worse and worse That's why we are where we are today. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 8:10pm On Nov 30, 2019 |
Nigeria will rise again one day and prove the world wrong about the black race. We have the some of the brightest minds in the world and has been shown by the success of Nigerians around the world. Rwanda and Botswana are showing the world blacks can run functional societies.
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Re: The Demystification Of Nigerian Billionaires by Nobody: 8:35pm On Nov 30, 2019 |
ednut1:He got it from IBB. He was sharing the Niger Delta oil blocks worth billions of dollars to friends,wife tailors etc. This is resources meant for millions of people in the Niger Delta shared to individuals. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 11:43pm On Nov 30, 2019 |
ornicus:He should have hired the experts used by PDP and APC politicians to help them launder their funds. ![]() |
Re: The Demystification Of Nigerian Billionaires by Nobody: 4:54am On Dec 01, 2019 |
FrLukas:Why is Rwanda,Namibia and Botswana getting it right and not Nigeria.What is making their country work,we need an African solution we can emulate.Paul Kagame for example is a despot,but making his country work and becoming a prime tourist destination in Africa. |
Re: The Demystification Of Nigerian Billionaires by Gazzy88(m): 5:06am On Dec 01, 2019 |
sodiqapril:I'm a typical Yoruba man OK. Adenuga is never clean and you need to start digging deep to history. Babangida owns the money he's using or why did you think he went on exile during Abacha era? Adenuga happened to be IBB confidante cos he was an accountant to IBB. It was Obasanjo that pardoned him before he could return back. I'm sure those in the know would understand the narrative well. I repeat that Mike Adenuga fronts for IBB. Thanks |
Re: The Demystification Of Nigerian Billionaires by Gazzy88(m): 5:21am On Dec 01, 2019 |
TundeBricklayer:Chief among them is Folorunso Alakija. |
Re: The Demystification Of Nigerian Billionaires by stonemasonn: 5:23am On Dec 01, 2019 |
sassysure:Dangote's only crime might be tax evasion or stocks manipulation, Adenuga probably fronting for treasury looters. But what can you do in today's Nigeria to become a billionaire from ground up ? Please tell me because I doubt if it is even possible except you're given free oil block or something. 1 Like 1 Share |
Re: The Demystification Of Nigerian Billionaires by Nobody: 5:31am On Dec 01, 2019 |
Gazzy88:IBB awarded her the multi billionaire dollar oil block.Alakija was IBB wife Mariam tailor. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 7:02am On Dec 01, 2019 |
Vanhooijdonk: Obviously, Nigeria is not ripe for democracy. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 11:18am On Dec 01, 2019 |
stonemasonn:Go into politics or become a front for fantastically corrupt politicians that loot billions of dollars and need help laundering the money to offshore tax havens. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 11:53am On Dec 01, 2019 |
stonemasonn:Tax evasion will nail all of them.The tax collected is looted anyway. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 3:54pm On Dec 01, 2019 |
FrLukas:Not sure what system will work.We have tried military and democracy and both systems have failed. |
Re: The Demystification Of Nigerian Billionaires by Nobody: 4:00pm On Dec 01, 2019 |
Vanhooijdonk: the thing sef tire me. ![]() |
Re: The Demystification Of Nigerian Billionaires by Nobody: 4:17pm On Dec 01, 2019 |
FrLukas: ![]() |
Re: The Demystification Of Nigerian Billionaires by Nobody: 1:35am On Dec 02, 2019 |
leokid866:Lies |
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