Johnnyessence:
please who are the 9900 wealthy individuals in Nigeria.

pdp cum apc members.

Balderdash!

shogsman:


USA is too much, the state of California alone is far richer than Africa.

Men.. That California own mad gan..
If you check dustbin, you fit dey pick dollar bills.

Kennydoc:

While Johannesburg is richer than the whole Nigeria.

Kennydoc:

While Johannesburg is richer than the whole Nigeria.

do you read at all?

Audio money.

engrchykae:
pdp cum apc members.

E.g Akpabio ET AL

they should keep deceiving demselves .


they cant deceive me with there write up.


3rd wealthies and home to the most poor people in the world.

Germannig:
9,900 wealthy individuals in a country of 200 million people That is like 0.0000000000000000001% wealthy

Your country politicians keep their billions abroad,
over 70% of nigeria wealth is in the pocket of politicians.

Nigeria is the 3rd richest country in Africa yet more than 70% of its population live in extreme poverty..

If not for the overbearing influence of Tinubu and his clique of insatiable polithiefians, Lagos ought to be first on the list of rich cities

But our diversity, hatred and feeling of entitlement means we'll continue to put them in power

All these billions where are they being channeled to when the masses are suffering to feed.

Awodipog:
All our politicians money especially those senate and reps money fit buy double of SA.. Dont doubt that

Nigeria earns most of its money from oil and that's the money almost all of us are dragging out. Only are few people are into wealth and job creation. You cannot be richer than your national output. Some companies are making more money than Nigeria is making from selling oil.

This is basically Gross Donestic Product. It tells no story. Break it down per capita, that is how much wealth available to the average Nigerian by dividing that amount by 180 million. Do so for other countries and the true picture would emerge. Nigeria would be nearer the bottom of the pile. Consider the fact that Nigeria has some of the world's most unfair wealth distribution, the picture becomes even uglier. Little wonder Nigeria houses the greatest number of some of the most deprived people in the world.

Johnnyessence:
E.g Akpabio ET AL

when the 1999 governors can buy Egypt and south Africa.
the likes of tinubu,orji Uzo kalu,Peter odili,James ibori,Donald duke,kwankwaso.
these 1999 gang of 36 crooks and their gang leader obasanjo can buy Egypt and south Africa plus even Greece in Europe

and you still foolishly believed Jonathan & Okonjo lies till date ?
The foolishness of many of you Igbos ehn !

Badmod:
Oga oo...
SA :$ 649B
9ja:$225B

225 × 3 =675

SA economy is three times bigger than ours...
Just 5 years ago under GEJ...we are the biggest economy in Africa...
Thanks to Buhari...ZoneB coming in 3:2:1

vibbb:
Ok, just wondering SA topping the table. How come.

SA is home to industrial concerns and premier service sector firms that are owned by locals. Well they've been connected to the globalized economy for longer and have developed actual companies that make things. Actual companies that dont need govt patronage to survive in the long term.... look around Lag Abj and PH there's a lot around as well.

You have raw materials, midstream processing firms and large scale down stream operations of all sorts. Retail is strong. Tourism is strong. Agric is advanced.Tech (including defense industry) is strong and the financial services sector there is home to every kind of institution from I-Banks to retail to PE to VCs etc. They get to benefit from every ones wealth as well thru finance.JSE is Africa's largest exchange.

Take for e.g Naspers, Africa's biggest firm by market cap. They have diverse interests and actually derive their wealth chiefly from their China based investments in tencent and the rest. Again the point of being more globalized.

Then again, it's most the European populations that hold this wealth.

Chai

Olarewaju89:
Forget it jaree, my former state governor richer than that useless S/Africa called xenophobia people

Foolish you. How much was the total budget of your state for the entire years he was governor? Let's start from there.

This list seems inaccurate considering the fact that there are many wealthy people in the country which are more than 9,900. Since the calculation is based on private assets like property, cash, business and equity... I doubt if we will be number 3. Its either we are number 1 or number 2. When you look at how Nigeria is structured along wealth creation and business... we will see that there are many millionaires in the country that people dont know about. The Forbes lists of Billionaires in Africa have four black Nigerians there. SA has 4 whites and 1 black.

I think Forbes should take this private wealth calculation up and release an authentic list for us.

When you look at people working in Oil and Gas, Telecom, ICT, Banks etc and even some of our Pastors.... Nigeria cant be third. Nigeria is one of the countries with highest number of private jets in the world and how come this list is putting us as number 3. In terms of number of Entreperneurs, I doubt if there is any country in Africa that outnumbers Nigeria. Talking about mansions of wealthy Individuals in Lagos, Abuja, PH and co.... I doubt if the country's private citizen's wealth put together will now be around $225 billion. The list is inaccurate to me. We should be number 1 or number 2.

Nigeria is a country where her citizens act, talk and behave based on the problem of the country and not the reality and fact on ground. Many people saying Nigeria should be last on the list are saying that because of the country's problem. Now Nigerians have reduced themselves to the level of being tossed about by the country's problem and there is no country in the world without problem. The leaders many of us blame is just as a result of mere ignorance. Nigeria is a country whereby you are free to make it if you want to. You can pick a problem and solve it and make your money. People are coming with solutions to Nigeria's problem and they are making money and many of us are sitting there doing the leadership's blame game... when we know that corruption and co is with we the citizens and it is out of these citizens that leaders are produced. We better have sense and solve a problem and move on. If half of the population is as successful as business tycoons in the country like Dangote, Jim Ovia, Adenuga etc... will our country not be great. The owner of Airpeace volunteered led to help his country and today he is being celebrated. Dangote is solving our refinery problem now. Bishop Oyedepo's University, Covenant is now the fourth best in Africa. Tony Elemelu and co are there doing exploit. Nigeria's greatness lies in the hand of her citizens. The earlier we know this truth, the better for us.

Thanks

Nigeria is the richest country in Africa, take it or leave it! Just tell me any other nation where this level of pilfering of public funds would be happening that won't be crippled yet, but here we are still surviving.

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Shit Hole Country

Nigeria is a blessed country but our leaders dey F*ck up big time.

Na dem dey cause all this rubbish wey dey happen to our nation.

Even the citizens like u and me are also a part of why our country is not moving very fast as we might think is suppose to.

SA is reacher than Nigeria because that's the new location our leaders/looters are investing the wealths they looted from dilapidated 9aija



oooh....! 9aija pelee ooo

lol corrupt politicians still bribe dem to put naija for 3rd .. d list fucking a fake list...

$96b/$225b *100% gives us 42.67% of Nigeria's wealth is from Lagos State, According to the source of this statistics.

If i hear say egypt is richer than nigeria

Egypt bawo

I am yet to agree with South africa self, let alone egypt

fabienjoe:
This is basically Gross Donestic Product. It tells no story. Break it down per capita, that is how much wealth available to the average Nigerian by dividing that amount by 180 million. Do so for other countries and the true picture would emerge. Nigeria would be nearer the bottom of the pile. Consider the fact that Nigeria has some of the world's most unfair wealth distribution, the picture becomes even uglier. Little wonder Nigeria houses the greatest number of some of the most deprived people in the world.

See let's get this fact. Credit Based System is what makes wealth evenly distributed in many countries. Nigeria practice Cash Based System and that's why it is not like that. With this system you are free to work and make your money. Most Nigerians dont leave on loans and co unlike UK, US and co. So get this right. Nigeria is a country where if you are able to translate your ideas into reality and not lazy you will make it.

The poverty many people here are shouting about, have they sat down to calculate the poverty threshold in relation to Naira and Nigeria's case?

UN says anybody living below $1.9 a day is poor. This is approximately 700 naira. So let's look it.... how many people or what category of people in Nigeria live below 700 naira a day?

Sometimes we are too gullible in this country. To me it's only the Almajiris, few old men/women in cities who cannot work again and some people in our local towns and villages that live below this amount. Even Agbero earns more than this a day. So what are we saying?

Go to Liberia, Niger Rep and so on and see poverty. Even US has poverty. Infact someone holding 600 naira in Nigeria is still richer than someone holding an equivalent amount or let's say $1.9 in US.

A little Google search shows how fake this information is

ofiko123:
Nigeria is the 3rd richest country in Africa yet more than 70% of its population live in extreme poverty..

Why cant we talk facts!

70% of 200Million population is 140Million population

Poverty threshold is $1.9/day = appr. 700 naira

So you are telling the whole world from this platform called Nairaland as a Nigerian that 140Million people live below 700 naira a day.

Think on this!

No surprises here. Most of Nigeria's wealth goes undeclared.

Lol stupid list , because if our stupid politicians bring out money way them hide for different countries and invest it here, even some top Europeans countries no go see our back . And the SA slf na our money them tk dy buga oh

If you do the calculation on per capita basis, you will need telescope to look for Nigeria at the bottom of the list

CampusGistNaija:
Nigeria is the third wealthiest country in Africa for 2019 — despite being home to billionaire Aliko Dangote

There are two Nigerians on the list of the Forbes top 5 African billionaires ruled by Aliko Dangote.

You would think this would make Nigeria the wealthiest country on the continent.
The new 2019 Wealth Report compiled by AfrAsia Bank says otherwise as Nigeria is ranked as Africa’s third wealthiest nation and Lagos state the fourth wealthiest city.

Nigeria is home to two of Africa’s richest people — Aliko Dangote with $10.3 billion and Mike Adenuga with $9.2 billion — as estimated by Forbes.

However, data from the September 2019 Wealth Report compiled by AfrAsia Bank shows that it is not the wealthiest nation on the continent.

The number one position goes to South Africa with a total wealth of $649 billion. This excludes government funds and includes private wealth (properties, cash, business interests and equities) held by all the people living in each country.

Egypt is in second place with $303 billion while Nigeria follows with $225 billion.

The report cited the following as reasons for Nigeria’s ranking:

Safety concerns and tensions
Outgoing migration of high-net-worth individuals (HNWIs)
Investors running away because of the clampdown on foreign companies like MTN
Decrease in oil prices
Loss of value in Naira compared to the US dollar

City Ranking

Nigeria ranks even lower in the statistics for the wealthiest cities in Africa. In the list ruled by Johannesburg, Capetown (both in South Africa), and Egypt's Cairo, Lagos, Nigeria is ranked the fourth.

Despite being the largest city in the continent in terms of population and Gross domestic products (GDP), Lagos only has a total wealth of $96 billion.

As of December 2018, Africa has a total wealth of $2.2 trillion, 42 per cent of which is belongs to HNWIs. This shows the alarming disparity between the rich and poor.

1. South Africa - $649 billion

2. Egypt - $303 billion

3. Nigeria - $225 billion

4. Morocco $114 billion

5. Kenya $93 billion

6. Angola $69 billion

7. Ghana $59 billion

8. Ethiopia $57 billion

9. Tanzania $57 billion

https://www.google.com/amp/s/www.pulse.ng/bi/finance/nigeria-home-to-aliko-dangote-is-the-third-wealthiest-country-in-africa-for-2019/9dbpvnn.amp