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The First Billionaire In West Africa Was An Igbo Man - Politics (2) - Nairaland

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Re: The First Billionaire In West Africa Was An Igbo Man by helinues: 1:11pm On Aug 27, 2023
Psychokinetic:

Lolโ€ฆ Liesโ€ฆ Coming from dingBAT Jnr himself ๐Ÿ™„
When will yoruba Mozulem ๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ–s stop confusing dangerous stupidity with sophistication??!

You see your life outside. You couldn't even dispute what I wrote but instead attacking my personality

What a big shame

1 Like 1 Share

Re: The First Billionaire In West Africa Was An Igbo Man by UHLmoving: 1:36pm On Aug 27, 2023
TimT:
Okay noted... That was then, this is now... Dangote, a Hausa man is the current billionaire, of "The whole Africa"...
Stop creating tribal thread grin grin
Dangote is a political billionaire, he wouldn't have gotten to where he is if not for the easy access to forex, tax waivers, siphoning of $$$, and govt induced monopoly he enjoys today.

Louis Ojukwu had none of that, he did his business like everyone else

1 Like

Re: The First Billionaire In West Africa Was An Igbo Man by EXOUSIAng: 2:25pm On Aug 27, 2023
Alchemy528:

Check your English,,,,
Your inability to identify typographic error is what should be checked
Re: The First Billionaire In West Africa Was An Igbo Man by FODA(m): 3:49pm On Aug 27, 2023
Moh248:
Sir Louis P. Odumegwu Ojukwu (1909-1966) was Nigeria and West Africa's first billionaire, amassing a fortune of $14 billion in present-day value.

He was a prosperous businessman involved in transportation, trading, palm oil (Akwแปฅ Ojukwu), and the stock exchange. He introduced the Igbo apprenticeship system, a legacy that persisted even after the Civil War. He Is also the father of Biafran leader Emeka Odumegwu Ojukwu.

His death left a legacy of prosperity within the Igbo community.

educate someone.
Only fools live in the past,God put ur eye forward ,so ,u can think forward not backwards thinking

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Re: The First Billionaire In West Africa Was An Igbo Man by Tunde835(m): 3:49pm On Aug 27, 2023
Even if this is true who cares. What did he achieve and does his family even still have the money. The fact that he is not known just points to the fact that this could be bogus

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Re: The First Billionaire In West Africa Was An Igbo Man by MuslimPegan: 3:50pm On Aug 27, 2023
FODA:
Only fools live in the past,God put ur eye forward ,so ,u can think forward not backwards thinking

Another Ewedu mental patient
Re: The First Billionaire In West Africa Was An Igbo Man by 00FFT00(m): 4:10pm On Aug 27, 2023
Alchemy528:
Igbo no dey carry last
Best tribe in Nigeria the world,,, if you like believe,,, your mind will still jugbe you

Contact me for your academic assignment thesis,power point presentation, proposal, article, available for any field of writing using Turnitin provide quality works just WhatsApp me below


corrected!
Re: The First Billionaire In West Africa Was An Igbo Man by Raf4: 4:45pm On Aug 27, 2023
Mansa Musa, Dantata snr, Candido Da Rocha , Sir Adeola Odutola, Jimoh Odutola, Chief Daniel Taiwo Olowo etc were billionaires b4 Ojukwu, but the Eastern noise makers believe that the world started the day they began to wear clothing ๐Ÿ˜€

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Re: The First Billionaire In West Africa Was An Igbo Man by Burob: 5:07pm On Aug 27, 2023
Vinnie2000:


Ogbeni, in terms of Recognition, Sir Loius Ojukwu is NUMBER ONE!๐Ÿคจ๐Ÿ™‚

I read a 1970 Book 'RELUCTANT REBEL' by Fola Oyewole where he Recognized Ojukwu Snr as the First Richest Man in Nigeria.๐Ÿ˜Š

Nobody know Dantata for Nigeria, then. ๐Ÿ˜

Dantata's Money was like AUDIO MONEY. Only Hear about it.๐Ÿ™๐Ÿ˜’
Shut up ignorant Obidient, how dare you mention Dantata & Ojukwu Snr in the same sentence?
Re: The First Billionaire In West Africa Was An Igbo Man by Roger3D(m): 5:51pm On Aug 27, 2023
Moh248:
Sir Louis P. Odumegwu Ojukwu (1909-1966) was Nigeria and West Africa's first billionaire, amassing a fortune of $14 billion in present-day value.

He was a prosperous businessman involved in transportation, trading, palm oil (Akwแปฅ Ojukwu), and the stock exchange. He introduced the Igbo apprenticeship system, a legacy that persisted even after the Civil War. He Is also the father of Biafran leader Emeka Odumegwu Ojukwu.

His death left a legacy of prosperity within the Igbo community.

educate someone.
Bullshit. The richest human being of all time was a West African man called Mensa Musa and he makes Elon Musk look like a pauper. Also this tale of yours has no independent proof

1 Like

Re: The First Billionaire In West Africa Was An Igbo Man by Babinski: 6:05pm On Aug 27, 2023
Moh248:
Sir Louis P. Odumegwu Ojukwu (1909-1966) was Nigeria and West Africa's first billionaire, amassing a fortune of $14 billion in present-day value.

He was a prosperous businessman involved in transportation, trading, palm oil (Akwแปฅ Ojukwu), and the stock exchange. He introduced the Igbo apprenticeship system, a legacy that persisted even after the Civil War. He Is also the father of Biafran leader Emeka Odumegwu Ojukwu.

His death left a legacy of prosperity within the Igbo community.

educate someone.

I have read various estimates of Sir Ojukwu's wealth ranging from $4 billion to $14 billion in today's monetary equivalence. All these are conjectures without backing with facts.

For reference, $1 million in 1960 is equivalent to $10 million in today's monetary worth based on purchasing power. So for Sir Ojukwu to be worth $4 billion, then he would have to be worth $400 million in 1966 at the time of his demise.

Also for reference, the Nigeria Military/ Defence Budget in 1966 was $60 million and the net worth of the Queen of England in 1966 was estimated at between $4 million to $5 million.

Nigeria's GDP in 1966 was around $5.4 billion and someone worth $400 million is at 7.4% of the GDP. That is equivalent to a personal worth of around $148 billion today with a national GDP of approximately $2 Trillion. $148 billion is more than 3 times the worth of all the companies on the Nigeria Stock Exchange today!!!

While Sir Ojukwu was no doubt the wealthiest businessman of his time in Nigeria, it is doubtful that he was worth as much as $400 million. The upper value of $14 billion in today's monetary value which would translate to him being worth around $1.4 billion in 1966 is even more wild and implausible. The richest man in the world in 1966 was Jean Paul Getty at $1.2 billion.

There is no doubt however that Sir Ojukwu was about the richest Nigerian at the time of his death.

The Igbo Apprenticeship System can be traced back to the 15th Century and definitely was not introduced by Sir Odumegwu Ojukwu in the 19th Century.

https://en.m.wikipedia.org/wiki/Igbo_apprentice_system
Re: The First Billionaire In West Africa Was An Igbo Man by ImperialYoruba: 6:13pm On Aug 27, 2023
I bring you two indisputably wealthiest Nigerians by international standards, between period of 1950 to 1970.

Chief Henry Fajemirokun
Chief Antonio Deinde Fernandez

Re: The First Billionaire In West Africa Was An Igbo Man by ImperialYoruba: 6:14pm On Aug 27, 2023
One of Fernandez's grandsons is married to Xerona Duke (ex Governor Donald Duke's daughter).

Re: The First Billionaire In West Africa Was An Igbo Man by ImperialYoruba: 6:19pm On Aug 27, 2023
Raf4:
Mansa Musa, Dantata snr, Candido Da Rocha , Sir Adeola Odutola, Jimoh Odutola, Chief Daniel Taiwo Olowo etc were billionaires b4 Ojukwu, but the Eastern noise makers believe that the world started the day they began to wear clothing ๐Ÿ˜€

100% grin

1 Like

Re: The First Billionaire In West Africa Was An Igbo Man by ImperialYoruba: 6:30pm On Aug 27, 2023
Two Yorubas proposed and succeeded in the formation of the regional economic integration we call ECOWAS. Fajems and Professor Adedeji.

Omoibo, you are playing catch up, but you can't touch Yoruba. Omoluabi ti gun oke agba!

1 Like

Re: The First Billionaire In West Africa Was An Igbo Man by Stone03: 7:01pm On Aug 27, 2023
Kdon2:


It's it true ibos are cannibalizing human being for your region. If it's true kindly add it to the legacy of ojuku

Your English spells alot about how hatred blindfolds and locks a man in the prison of darkness, retrogression and error. Deliver thyself oh man!

1 Like

Re: The First Billionaire In West Africa Was An Igbo Man by plaindealer: 7:04pm On Aug 27, 2023
See fake internet billionaires, they are forming billionaires on the internet, but at home, they are nothing but sit-at-home slaves under the control of illiterate and rag tag terrorists.


Life no balance at all.. grin grin
Re: The First Billionaire In West Africa Was An Igbo Man by masseratti: 7:21pm On Aug 27, 2023
Babinski:


I have read various estimates of Sir Ojukwu's wealth ranging from $4 billion to $14 billion in today's monetary equivalence. All these are conjectures without backing with facts.

For reference, $1 million in 1960 is equivalent to $10 million in today's monetary worth based on purchasing power. So for Sir Ojukwu to be worth $4 billion, then he would have to be worth $400 million in 1966 at the time of his demise.

Also for reference, the Nigeria Military/ Defence Budget in 1966 was $60 million and the net worth of the Queen of England in 1966 was estimated at between $4 million to $5 million.

Nigeria's GDP in 1966 was around $5.4 billion and someone worth $400 million is at 7.4% of the GDP. That is equivalent to a personal worth of around $148 billion today with a national GDP of approximately $2 Trillion. $148 billion is more than 3 times the worth of all the companies on the Nigeria Stock Exchange today!!!

While Sir Ojukwu was no doubt the wealthiest businessman of his time in Nigeria, it is doubtful that he was worth as much as $400 million. The upper value of $14 billion in today's monetary value which would translate to him being worth around $1.4 billion in 1966 is even more wild and implausible. The richest man in the world in 1966 was Jean Paul Getty at $1.2 billion.

There is no doubt however that Sir Ojukwu was about the richest Nigerian at the time of his death.

The Igbo Apprenticeship System can be traced back to the 15th Century and definitely was not introduced by Sir Odumegwu Ojukwu in the 19th Century.

https://en.m.wikipedia.org/wiki/Igbo_apprentice_system
sensible and very articulate.
Re: The First Billionaire In West Africa Was An Igbo Man by MrsTwrite(f): 12:04am On Aug 28, 2023
Congratulations to that man, he was the real VVIP.
Re: The First Billionaire In West Africa Was An Igbo Man by timiofede1: 3:17am On Aug 28, 2023
Kdon2:


It's it true ibos are cannibalizing human being for your region. If it's true kindly add it to the legacy of ojuku

Yes my yoruba moslem brother, it's true that we the yorubas have always indulged in cannibalism since antiquity, so you're very correct and I completely agree with you.

Re: The First Billionaire In West Africa Was An Igbo Man by timiofede1: 3:22am On Aug 28, 2023
ImperialYoruba:
Two Yorubas proposed and succeeded in the formation of the regional economic integration we call ECOWAS. Fajems and Professor Adedeji.

Omoibo, you are playing catch up, but you can't touch Yoruba. Omoluabi ti gun oke agba!

Why is everything an opportunity to measure our tiny yoruba dicks with the great Igbos? What sort of chronic inferiority complex and low self esteem is this? You should be ashamed of yourself my yoruba moslem brother, omo ode.
Re: The First Billionaire In West Africa Was An Igbo Man by ImperialYoruba: 3:47am On Aug 28, 2023
timiofede1:


Why is everything an opportunity to measure our tiny yoruba dicks with the great Igbos? What sort of chronic inferiority complex and low self esteem is this? You should be ashamed of yourself my yoruba moslem brother, omo ode.

When it comes to size of dick, I dont peep to see what an Ibo man has. Thats not my interest at all. But Ibo women tell Yoruba men they love the way we whip it. After tasting Yoruba, many have sworn never to Bleep another ibo again till they die. Even my Afikpo ashewo is a testimony. grin

Now, if your Yoruba dick is tiny as you confessed, check your gene, perharps one of your forefather was yamreee. grin
Re: The First Billionaire In West Africa Was An Igbo Man by Kdon2: 7:42pm On Aug 29, 2023
Stone03:


My English spells alot about how hatred blindfolds and locks a man in the prison of darkness, retrogression and error. Deliver thyself oh man!

Sorry. You can go kiss some ass I don't care Mr.

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