₦airaland Forum

Russian oligarhs have been in the news .

What is an Oligarch?

An oligarchy is a small group of people who control and run a particular country or organization. You can also refer to a country which is governed in this way as an oligarchy
https://www.collinsdictionary.com/dictionary/english/oligarchy#:~:text=An%20oligarchy%20is%20a%20small,the%20rule%20of%20an%20oligarchy.

Does such a group exist outside Russia e.g

In Nigeria is there a small group of people who control and run Nigeria ?

It seems those who want to be president must go and "consult" certain people . Are those oligarchs ?
Are they vulnerable to sanctions and or threats of sanctions and does that make them the oligarchs behave in a way that favors countries or powers that can sanction them over Nigeria?

aribisala0:
Russian oligarhs have been in the news .

What is an Oligarch?

An oligarchy is a small group of people who control and run a particular country or organization. You can also refer to a country which is governed in this way as an oligarchy
https://www.collinsdictionary.com/dictionary/english/oligarchy#:~:text=An%20oligarchy%20is%20a%20small,the%20rule%20of%20an%20oligarchy.

Does such a group exist outside Russia e.g

In Nigeria is there a small group of people who control and run Nigeria ?

It seems those who want to be president must go and "consult" certain people . Are those oligarchs ?
Are they vulnerable to sanctions and or threats of sanctions and does that make them the oligarchs behave in a way that favors countries or powers that can sanction them over Nigeria?

Yes, men like ATK, OTD, DGT, BAT, INDM,OBj among others are ORL

Every country has a oligarch. Nigeria do have oligarch too.

All oligarch come from the business and banking world.

Men that run Nigeria are not on News .

Mr Fix it once said Nigeria is too small to cook him ..
.. and till he died .. nothing.

aribisala0:
Russian oligarhs have been in the news .

What is an Oligarch?

An oligarchy is a small group of people who control and run a particular country or organization. You can also refer to a country which is governed in this way as an oligarchy
https://www.collinsdictionary.com/dictionary/english/oligarchy#:~:text=An%20oligarchy%20is%20a%20small,the%20rule%20of%20an%20oligarchy.

Does such a group exist outside Russia e.g

In Nigeria is there a small group of people who control and run Nigeria ?

It seems those who want to be president must go and "consult" certain people . Are those oligarchs ?
Are they vulnerable to sanctions and or threats of sanctions and does that make them the oligarchs behave in a way that favors countries or powers that can sanction them over Nigeria?

Nigeria is definitely an oligarchy. It’s a country where a bunch of old men control all the economic and political power in the country. The country’s wealth is in a few bank accountsz