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Nairaland Forum / Nairaland / General / Politics / Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics (17291 Views)
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Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Demigod22: 2:37pm On Jan 30 |
nedekid: The house is called Camp Neya, named after his first daughter. He was number four richest Nigerian at some point. Camp Neya have four hundred rooms, the house is located in Igbere, his country home. Urji Uzor Kalu have been a billionaire, his romance with IBB and Abacha enriched him. He commissioned the house in 1998 before his inauguration as governor. 6 Likes 1 Share |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by loswhite(m): 2:37pm On Jan 30 |
nony43:Do you know what 4 billion us dollars mean in 1998? A politician and lies are just like bread and butter. No one is saying he is poor but he is telling lies 1 Like |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by loswhite(m): 2:39pm On Jan 30 |
mrvitalis:Lol what was his net worth before joining politics and now? Politics made him poorer yet he refused to leave...you guys are just mad |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Svoboda(m): 2:40pm On Jan 30 |
lokoventurex1: The political system actually leaves a lot of loopholes that office holders find too easy to exploit. Also, who woulfnt want free money even if you are as rich as rich as dangote. Some govs play with 2.5bn security vote every month. I am not sure dangotes personal monthly expenses can exceed 10m a month, but he can afford to spend that daily if he were gov of say, delta or akwa ibom state. 1 Like |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by loswhite(m): 2:41pm On Jan 30 |
mrvitalis:500 billion was a big amount of money in Nigeria 1998. The capital base of a Nigerian bank was 2 Billion as at 1998. 1 Like |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by BigIyanga: 2:43pm On Jan 30 |
nony43: Lol. Soludo being rich?? He was a UNN lecturer before he was appointed by OBJ. He was penniless.. he had no houses in his hometown, Enugu, Abj, Lagos. He became CBN governor… and built and bought houses in village, Enugu, Abuja, Lagos and UK… politics is the easiest plug in Naija 3 Likes |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by loswhite(m): 2:44pm On Jan 30 |
Abagworo:Lol he is completely exempted from looting the state. It was his mother and siblings....If this is not sign of madness then I don't what else it is. 1 Like |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Ayatullah(m): 2:47pm On Jan 30 |
What is the context of this unsolicited revelation and who cares by the way!
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Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by OBTOREPA(m): 2:50pm On Jan 30 |
allthingsgood:Ignorance is a disease |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Demigod22: 2:51pm On Jan 30 |
Do people really understand before commenting? The man said he left $4 billion balance clean sheets in his companies, and people are arguing his net worth. Urji Uzor Kalu is quite wealthy, his country home named Camp Neya caused quite a stirred when he commission that house in 1998 before his inauguration as governor. For those who are arguing why he is not on Forbes list, Urji Uzor Kalu in the past had been rated number four richest Nigerian in the list of ten richest Nigerians by Forbes and his net worth then was one point something billion dollars which I can't remember the exact amount. We have people who are billionaires in dollars but are not on Forbes list for certain reasons, people like Vladimir Putin, Ibrahim Babangida, the King of Kuwait, Saudi Arabia. You think people like Atiku, Tinubu are not billionaires in dollars? 5 Likes |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by ceejayluv(m): 2:52pm On Jan 30 |
Crafteck1:$4bn is still $4bn ... |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by ceejayluv(m): 2:55pm On Jan 30 |
Oghene86:That $4bn is likely Lamba. Though he was doing quite well for himself. As at 1999, he donated $1million to PDP and ₦100 million to OBJ for his campaign. 2 Likes |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by AlabiKILLER2021(m): 2:59pm On Jan 30 |
nony43: You forgot Eyimba football club He made them greatest 3 Likes |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Rrchrd(m): 3:05pm On Jan 30 |
Nonsense, yet he could not tar those bad roads in Abia state |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Ikinternational: 3:10pm On Jan 30 |
FarmPlanetNG: Na by Forbes abi 🤣🤦🏾♂️ You think those white people regard Africans 😂 I guarantee you without hesitation Dangote is not the richest African. But his businesses are known and it sounds plausible. Btw, just so you know, there's been cases of people filling bankruptcy within a few years of making Forbes list. Forbes is not the be all end all for accuracy 3 Likes |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by masseratti: 3:14pm On Jan 30 |
Charlie2020:Vis a Vis he was not worth even a billion dollars as at that time till now sef. |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Ikinternational: 3:15pm On Jan 30 |
During apc primaries, OUK said with his full chest n loudly, he can match Tinubu dollar for dollar. And not a single word was uttered in dispute by anybody. So obviously, those that know.... KNOW 3 Likes |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by lionshare: 3:16pm On Jan 30 |
mrvitalis: Do you know Nigeria's budget was N299bn in 1999? 1 Like |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Ikinternational: 3:18pm On Jan 30 |
oz4real83: Another Forbes list faithful 😂 Africans really believe white people rate them 🤦🏾♂️😒 |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Ikinternational: 3:23pm On Jan 30 |
masseratti: Forbes list is our Lord You people are funny 😂🤣 |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by paramakina202: 3:24pm On Jan 30 |
OUK was a billionaire before he joined politics that one dey but yet he was a very corropt governor. Only a billioniare can build that massive mansion in Igbere he called Camp Neya in 1998 before becoming governor. |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by nony43(m): 3:25pm On Jan 30 |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by nony43(m): 3:26pm On Jan 30 |
BigIyanga: I said business and work. He was working in CBN first. |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by nony43(m): 3:28pm On Jan 30 |
loswhite: Intelligent citizen I never said he is good he tried and looted too he made Enyimba what they are today. |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by nony43(m): 3:29pm On Jan 30 |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by nony43(m): 3:30pm On Jan 30 |
harsysky: He looted Oga but he worked. And never owed salaries. |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Ikinternational: 3:32pm On Jan 30 |
FarmPlanetNG: Igbo loyalty 🤔 What do you people want from igbos sef. When we tell it like it is you'll say we insult our elders 🤦🏾♂️😂 His presidential ambition was null n void because igbos refused to support. Nevermind his financial might n level in apc |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Badadvisor: 3:34pm On Jan 30 |
Charlie2020:Heard he was his driver 1 Like |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Menclothing: 3:37pm On Jan 30 |
You have money b4 true not 4b dollars was your company name let’s check the capitalization staff strength and sales |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by djon78(m): 3:40pm On Jan 30 |
FarmPlanetNG: Dangote didn't enter Forbes list as of 1999 He hasn't entered Forbes list as of 2003 self He entered Forbes list after 2005 when soludo consolidated Banks After Obasanjos Economic reforms when Nigeria Economy was booming and Nigerian stock exchange was doing well and opportuned ones maximized the time Even Adenuga too never entered Forbes list then The richest Black person in the world then was Oprah Winfrey with net worth of about 3 billion dollars Dangote Orji uzor kalu Peter Obi Adenuga Anumudu (globe motors) We're set then in money making in the 1990s All these otedola and co were still learner's when it comes to money The real very wealthy people with money in Nigeria in the 1980s to 90s were Mko Abiola Dantata (Dangote s maternal uncle) Isiaku Rabiu (BUAs father) Igbinedion(okada airlines) Augustine ilodibe (Ekene dili chukwu motors) So orji uzor kalu was right saying most of these noise makers now were small boys then Many of these so called Dollar billionares today were enriched by Babangida, Abacha, Obasanjo civilian era from 1999 Just like many of Russian oligarchs billionares today like Roman Abrahmovic etc became wealthy when then Russian president Boris Yeltsin sold off Russia's oil assets for crumbs 3 Likes |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by erniok(m): 3:44pm On Jan 30 |
2pacarnate:He built which Aba? Make una gently dey cap nonsense. I be omenazu brought up. Omenazu by faulks. OUK tried but roads he built using only slok his own company were substandard. |
Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by Oghene86: 3:45pm On Jan 30 |
slowice: If only you know who you de address as indomie children, that's why people like you believe he was $4bn Richer in 1999, that would have made him the richest man in Africa then. 2 Likes |
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