tensazangetsu20:


Nigeria is 11th. Namibia is in the top 4.

atorioke:
More proof that Nigeria is a poor and wretched country. Over 200m people only worth $200b+ and just 9k millionaires in dollars. Just imagine Elon Musk richer than 200m people. No wonder they see Africans as useless people.

What this report means is that there is just 1 person who is worth N500m among 21,978 individuals in Nigeria. Also, in a country of 200m people, we have less than 4 people who are worth N500b. What proof do you need to conclude that Nigerians are not creative nor growth oriented. No wonder the only businesses we have in Nigeria is real estate, hotel and eatery. No brains. Later, they will fight South Africans and other African countries claiming giant. Worthless populated country.

Take it to bank, NIGERIANS ARE CHRONICALLY POOR. DONT BE DECEIVED BY THE MONEY YOU HEAR IN NAIRA. 200M PEOPLE NOT WORTH THE BUDGET OF A STATE IN US. TAKE FOR EXAMPLE, OUR BUDGET (TO CATER FOR 200M PEOPLE IS LESS THAN $50B. THAT IS THE BUDGET FOR ONE OF THE POOREST STATES IN US, TO CATER FOR LESS THAN 20M PEOPLE.

Raph82:
I don't think so, Nigeria is third, only behind SA and Egypt according to statista.com

atorioke:
More proof that Nigeria is a poor and wretched country. Over 200m people only worth $200b+ and just 9k millionaires in dollars. Just imagine Elon Musk richer than 200m people. No wonder they see Africans as useless people.

What this report means is that there is just 1 person who is worth N500m among 21,978 individuals in Nigeria. Also, in a country of 200m people, we have less than 4 people who are worth N500b. What proof do you need to conclude that Nigerians are not creative nor growth oriented. No wonder the only businesses we have in Nigeria is [b][/b]real estate, hotel and eatery. [b][/b]No brains. Later, they will fight South Africans and other African countries claiming giant. Worthless populated country.

Take it to bank, NIGERIANS ARE CHRONICALLY POOR. DONT BE DECEIVED BY THE MONEY YOU HEAR IN NAIRA. 200M PEOPLE NOT WORTH THE BUDGET OF A STATE IN US. TAKE FOR EXAMPLE, OUR BUDGET (TO CATER FOR 200M PEOPLE IS LESS THAN $50B. THAT IS THE BUDGET FOR ONE OF THE POOREST STATES IN US, TO CATER FOR LESS THAN 20M PEOPLE.

Penguin2:
Unfortunately, all of them put together is not up to Elon Musk .

So at the ratio of 1- 9,100, it cannot

Meanwhile, the report says Lagos lost about 100 multi-millionaires and about 1,800 millionaires between 2017 and 2020.

That’s clearly the effect of bad governance. Buharinomics in action.

But unfortunately, the landlord of Lagos, the Baba Sope in Chief of Nigeria, has been the greatest supporter of this disaster of a government; just like majority of Nairaland resident zombies are all Lagos urchins.

Fools!

In the 2017 report, total wealth in Lagos stood at $120 billion but reduced to $108 billion in 2018, $96 billion in 2019 and went even lower in 2020 at $88 billion. This implies loss of about $32 billion or N13.15 trillion within the last four years.

tensazangetsu20:

Some states in Nigeria don't have anyone in the 5000 USD net worth capacity except the politicians that run the state

Gerrard59:



30K is even too much for a night, how many can afford say 10K for short time in Ebonyi? If some of us go move to Ebonyi and scout around her teritary institutions, we would fvck the entire school for pittance.

ba7man:
Global recession due to low oil prices and Covid-19 is responsible.

Learn to read and research , not rely on beer parlour gossip.

Newboss:


So no body own land in those states except politicians? $5k is bare 1m Naira. A residential plot in a Nigerian city is worth over 2m Naira. A completed 2 bedroom house anywhere in Nigeria is worth over 5m Naira.

From this simple analysis, you can see that the average Nigerian family has at least one Naira millionaire. Very simple

Gerrard59:



30K is even too much for a night, how many can afford say 10K for short time in Ebonyi? If some of us go move to Ebonyi and scout around her teritary institutions, we would fvck the entire school for pittance.

Penguin2:


So was South Africa and Egypt immune to global recession and COVID induced economic downturn?

tensazangetsu20:

5k is 3 million Naira. Isn't it CBN that said 99 percent of Nigerians don't have up to 500k in savings.

ba7man:
Go read up and stop asking me questions.

When you lack knowledge, you research and not sit down and shout "Buhari". You're not a kid or an okada rider.

atorioke:
More proof that Nigeria is a poor and wretched country. Over 200m people only worth $200b+ and just 9k millionaires in dollars. Just imagine Elon Musk richer than 200m people. No wonder they see Africans as useless people.

What this report means is that there is just 1 person who is worth N500m among 21,978 individuals in Nigeria. Also, in a country of 200m people, we have less than 4 people who are worth N500b. What proof do you need to conclude that Nigerians are not creative nor growth oriented. No wonder the only businesses we have in Nigeria is real estate, hotel and eatery. No brains. Later, they will fight South Africans and other African countries claiming giant. Worthless populated country.

Take it to bank, NIGERIANS ARE CHRONICALLY POOR. DONT BE DECEIVED BY THE MONEY YOU HEAR IN NAIRA. 200M PEOPLE NOT WORTH THE BUDGET OF A STATE IN US. TAKE FOR EXAMPLE, OUR BUDGET (TO CATER FOR 200M PEOPLE IS LESS THAN $50B. THAT IS THE BUDGET FOR ONE OF THE POOREST STATES IN US, TO CATER FOR LESS THAN 20M PEOPLE.

Penguin2:


I read the report from start to finish before commenting.

And from the report, South Africa is first in Africa with over $600billion. While Egypt has HNWI of 282biilion dollars and Nigeria third with 207billion.

So the question I’m posing to you is why did other cities maintain growth while Lagos declined by over 30 percent?

Stop talking about research and work with what is already provided here. That’s if you have any cognitive abilities.

atorioke:
More proof that Nigeria is a poor and wretched country. Over 200m people only worth $200b+ and just 9k millionaires in dollars. Just imagine Elon Musk richer than 200m people. No wonder they see Africans as useless people.

What this report means is that there is just 1 person who is worth N500m among 21,978 individuals in Nigeria. Also, in a country of 200m people, we have less than 4 people who are worth N500b. What proof do you need to conclude that Nigerians are not creative nor growth oriented. No wonder the only businesses we have in Nigeria is real estate, hotel and eatery. No brains. Later, they will fight South Africans and other African countries claiming giant. Worthless populated country.

Take it to bank, NIGERIANS ARE CHRONICALLY POOR. DONT BE DECEIVED BY THE MONEY YOU HEAR IN NAIRA. 200M PEOPLE NOT WORTH THE BUDGET OF A STATE IN US. TAKE FOR EXAMPLE, OUR BUDGET (TO CATER FOR 200M PEOPLE IS LESS THAN $50B. THAT IS THE BUDGET FOR ONE OF THE POOREST STATES IN US, TO CATER FOR LESS THAN 20M PEOPLE.

Biodun556:
That Nigeria economy is the largest in Africa and in 25th in the World is not surprising.

If 50 million + Nigerians are naira millionaire, and South Africa population is 40 million plus our economy should be bigger than theirs