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Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country - Business - Nairaland

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Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by BlackViper(op): 3:01pm On Aug 30, 2025
BIGGEST DROP [%] IN NUMBER OF MILLIONAIRES SINCE 2015

Top 5: % Change
🇳🇬Nigeria: -46%
🇦🇴Angola: -36%
🇩🇿Algeria: -23%
🇪🇬Egypt: -15%
🇲🇿Mozambique: -11%

#Statisense
(Africa Wealth Report, 2025)
https://x.com/StatiSense/status/1961435966427574724?t=UVK-NZO0CSwtC6lBqE7qFA&s=19

Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Ttalk: 3:04pm On Aug 30, 2025
No, Nigeria only lost the corrupt millionaires who stole us blind during the wicked reign of PDP.

Deziani and Dansuki comes to mind
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Softmirror: 4:12pm On Aug 30, 2025
Ttalk:
No, Nigeria only lost the corrupt millionaires who stole us blind during the wicked reign of PDP.

Deziani and Dansuki comes to mind
As well as NDLEA 's aggressive approach under APC is another reason why. If NAFDAC are as active it would have dropped lower.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by SarkinYarki: 4:25pm On Aug 30, 2025
The curse called APC ...a gathering of failed politicians
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by peleson1: 4:27pm On Aug 30, 2025
APC is the worst government of the world

Nigerians will never forgive this APC government for destruction of humanity and degrading Nigerians to accept suffering and lack as a way of life.


2027 nigerians will kick out APC
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Kukutente23: 5:22pm On Aug 30, 2025
APC is a curse of poverty
Now they are offering people loans to tie them to a lifetime of indebtedness
Loan to go to school
Loan to buy food
Loan to build house
Even loan to bury the dead
APC is evil upon the land
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Angelfrost(m): 5:23pm On Aug 30, 2025
Softmirror:
As well as NDLEA 's aggressive approach under APC is another reason why. If NAFDAC are as active it would have dropped lower.
Okay... Agreed!

So, all those top businesses and employers of labor that shut down since Buhari are all corrupt and criminal organizations?!!

That means only non-corrupt and clean businesses are operating and thriving in Nigeria today?!!


Interesting...!
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Kukutente23: 5:24pm On Aug 30, 2025
Ttalk:
No, Nigeria only lost the corrupt millionaires who stole us blind during the wicked reign of PDP.

Deziani and Dansuki comes to mind
You mean Tinubu's friend who sold his rolls Royce for an Honda is a corrupt man?
What a balablu
So folks like Wike, Akpabio and Ganduje were not corrupt under PDP abi
And when did Diezani and Dasuki tell you they are broke
You think your Tinubulation even reach their side in anyway or manner
Zombie ooo
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by anonimi: 5:24pm On Aug 30, 2025
BlackViper:
https://x.com/StatiSense/status/1961435966427574724?t=UVK-NZO0CSwtC6lBqE7qFA&s=19[/quote]Our president knows that and he knows why we have lost everything also.

anonimi:
May 1, 2025

May Day: Hunger, unemployment, insecurity real— Tinubu

According to him: “The theme demands our collective attention and serves as a stark reminder of the need to create an environment where every worker feels safe, valued, and empowered to contribute to the growth and prosperity of our nation. As your President, I assure you that this administration is committed to creating such an environment for the common good.”

On the economic hardship, he noted that while it is a global phenomenon, its effects on Nigerians are particularly severe.

Tinubu said: “I am aware of the peculiarities of the economic hardship Nigerians face—rising living costs, hunger, insecurity, unemployment, and the loss of livelihoods. These challenges are real and demand definitive solutions, which I am poised to address as your President.

https://www.vanguardngr.com/2025/05/may-day-hunger-unemployment-insecurity-real-tinubu/
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Kukutente23: 5:26pm On Aug 30, 2025
Softmirror:
As well as NDLEA 's aggressive approach under APC is another reason why. If NAFDAC are as active it would have dropped lower.
NAFDAC was at its best under PDP
Why did the number of millionaires increase instead of dropping then
Why must APC be the bringer of every evil
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by seunoyeleyep(f): 5:26pm On Aug 30, 2025
The first two people to comment here seem cursed. Aswear.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Ezeama400: 5:27pm On Aug 30, 2025
APC is on a mission to destroy Nigeria


Xxxxxxxxx
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by bigdammyj: 5:28pm On Aug 30, 2025
Noted.

BIGGEST DROP [%] IN NUMBER OF MILLIONAIRES SINCE 2015
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by DIVINEEVIDENCE: 5:29pm On Aug 30, 2025
Ttalk:
No, Nigeria only lost the corrupt millionaires who stole us blind during the wicked reign of PDP.

Deziani and Dansuki comes to mind
Impressive how Nigeria never lost Gandollar and Buhari's Accountant General who embezzled billions.


Ndi ara.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by anonimi: 5:29pm On Aug 30, 2025
Kukutente23:
You mean Tinubu's friend who sold his rolls Royce for an Honda is a corrupt man?
What a balablu
So folks like Wike, Akpabio and Ganduje were not corrupt under PDP abi

And when did Diezani and Dasuki tell you they are broke
You think your Tinubulation even reach their side in anyway or manner
Zombie ooo
It’s like the Animal Farm and its sacred cows that are protected species.

Oshiomhole’s Assembly of Past Criminals, APC is full of forgiven politicians.



https://www.youtube.com/watch?v=qg_1mly5Gm8?si=PZ5dH_j7fj53QfR-



chisomkachy:
The Economic and Financial Crimes Commission (EFCC) has withdrawn the alleged money laundering suit it filed at the Federal High Court against Lagos Speaker Mudashiru Ajayi Obasa.

Naija News understands that the anti-graft did not give any particular reason for its application for withdrawal.

Following the application to withdraw, Justice Nicholas Oweibo discharged the ‘lien/Post No Debit’ placed on Obasa’s three accounts in Standard Chartered Bank.

The accounts are (US Dollars) 0001852063; (Current) 0001852056 and (Saving) 5002309624.

The judge also set aside the ex-parte orders he made on September 15, 2020, which led to the freezing of the accounts.

Recall that the court on September 15, 2020, granted an interim order freezing Obasa’s accounts following the EFCC’s application in a suit marked FHC/LCS/1064/2020.

The agency had said it was investigating the Speaker for the alleged offences of conspiracy, diversion of funds, abuse of office and money laundering.

But Justice Oweibo, on August 16, 2023, heard the application to unfreeze the accounts in his chamber.

During the hearing, the EFCC was represented by Mr. Sulaiman I. Sulaiman, while Obasa was represented by Mr. Adeyinka Olumide-Fusika (SAN).

The EFCC lawyer told the court that the application to unfreeze the accounts was pursuant to Section 44(2)(K) of the 1999 Constitution (as amended) and Sections 26, 29 and 34 (1) of the EFCC (Establishment) Act, 2004, and under the court’s inherent jurisdiction.

Section 44 of the Constitution concerns constitutional rights to property.

Justice Oweibo held: “It is hereby ordered that an order is hereby granted to the respondent/applicant setting aside the ex-parte orders of this court made on the 15th day of September 2020 upon the ex-parte motion of the Applicant/ Respondent in relation the funds of the Respondent/Applicant domiciled in the accounts stated in the following schedule:

“ACCOUNT NAME, FINANCIAL ACCOUNT INSTITUTIONS, TYPE OF ACCOUNT, 1. Mudasiru Ajayi Obasa, Standard Chartered, (US Dollars) 0001852063 2. Mudasiru Ajayi Obasa, Standard Chartered (Current) 0001852056 3. Mudashiru Ajayi Obasa, Standard Chartered (Saving) 5002309624.

“Issued at Lagos, under the seal of this Honourable Court and by the hands of the Presiding Judge this 16th day of August 2023.”

https://dailytimesng.com/obasa-efcc-withdraws-suit/

Previous Threads:
https://www.nairaland.com/5877642/obasa-64-bank-accounts-linked#89878603

https://wap.nairaland.com/6167844/lagos-assembly-speaker-obasa-efcc#94728150

https://www.nairaland.com/6168612/obasa-court-orders-efcc-freeze#94741534
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by tutuonye: 5:29pm On Aug 30, 2025
Blame the wicked killer tablet (APC) that has been feeding Nigerians with otapiapia since 2015, chasing away investors with the tools which re bandits and terrorists, they used to snatch power in 2015.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by iwaeda: 5:30pm On Aug 30, 2025
APC ensured people becomes pooor and poorer. Anyways it will favour me and my family. Increasing the tax net and reducing your spending potential. grin grin grin grin grin grin
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by jmoore(m): 5:30pm On Aug 30, 2025
Tinubu is a weapon fashioned against Nigeria.
Tinubu is a weapon fashioned against Nigeria.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by BodyCount: 5:31pm On Aug 30, 2025
The damage that kunu abo key man did to this country will take divine grace to redeem.

To make matters worse, Tinubu is even making things worse with his carelessness and bad vision.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by anonimi: 5:31pm On Aug 30, 2025
Ezeama400:
APC is on a mission to destroy Nigeria

Xxxxxxxxx
Any idea why we allowed them to change our destiny and turn it into shege promax since 2015 huh

thisweekng:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”
Private sector to drive the economy

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by ViceGovernor:
Good please listen to the cry of your people.

Buhari chastised us with whips but the present man is chastising us with sc....or ..pion.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by anonimi: 5:35pm On Aug 30, 2025
Kukutente23:
APC is a curse of poverty
Now they are offering people loans to tie them to a lifetime of indebtedness
Loan to go to school
Loan to buy food
Loan to build house
Even loan to bury the dead
APC is evil upon the land
The A-looter Poverty Congress, APC knows what they have in store for us.

anonimi:
The eyesore on Bourdillon Road
2nd January 2025

Beyond his neighbours, there is something about the sight of people hanging around a president’s residence that does not speak well of his leadership capabilities. Maybe no one has nudged him to see it, but the impression that spectacle on Bourdillon Road generates is that Tinubu enjoys the sight of suffering humans and thrives in—and through— their poverty.

If all these years, impoverished people hang around you and you remain comfortable enough to keep them just so they can be handed tokens of your large heart, then it means you have a pro-poverty mindset. Such a frame of mind is oriented toward cultivating poverty rather than stimulating abundance.

That is why he could unproblematically relate the story of his “friend” who went from using five Rolls Royce to a far-less valued car and not consider the import of the nonsense he was saying. That spurious account was an indication that this is a man for whom poverty—of others, not himself—is an ideal.

https://punchng.com/the-eyesore-on-bourdillon-road/
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Racoon(m): 5:36pm On Aug 30, 2025
Hehehe! All still pointing and affirming the disaster and catastrophe the Buhari and Tinubu led-APC governments have been to this nation. Even the middle class was not spared under these twin evil.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by anonimi: 5:38pm On Aug 30, 2025
Softmirror:
As well as NDLEA 's aggressive approach under APC is another reason why. If NAFDAC are as active it would have dropped lower.
Rationalisation and justification are the symptoms of Stockholm syndrome condition.

Who will help you out huh


fuckJones:
(A case study of Nigeria citizens & their elected oppressors).

During the Soviet dictatorship of Joseph stalin. He was a brutal dictator with mind of his own. On one fateful day, stalin came to Politburo meeting with a live chicken. Standing in front of audience, He started to pluck the feathers of the live chicken off one by one. The chicken trembled in pain, blood tricking out of its pores. It gave out grievous cries, but stalin being a cruel dictator continued without remorse plucking the feathers out until the chicken was completely Unclad. After which, he threw the chicken on the ground. The Unclad chicken was staggering in pain. stalin goes into his pocket and from his pockets, he took out some chicken food and started to throw it at the poor & hapless creature. The poor chicken in pain started eating and stalin started walking towards his seat. As he walked away, he kept dropping some feeds on the floor & the chicken followed him and sat feeding from his feet.

Joseph stalin then turned to members of his political party leadership. He said, "This chicken represents the people". "You must disempower them, brutalise them, beat them up, starve them and then leave them". "If you do this, go into your pocket & give them peanuts when they are in that helpless and desperate situation, they will blindly follow you for the rest of their life, worshiping you". "They will think you are a hero forever. They will forget that, you're responsible for their sorrowful situation in the first place." Breath taking, isn't it ?

Now! Take a look at all the people some Nigerians are busy defending on social media. Take a look at those they call their heroes. They are the same people who plunged Nigeria into the situation she is. They are the same people who are responsible for their predicaments. Did you see the numbers of people that throng to Saraki's House during this Sallah period to go collect peanuts? People trooping to Bola Ahmed Tinubu Foundation offices to collect branded One kilo bag of Rice & Noddles. Did you see the number of people of all ages who troop out to welcome Ex- convict James Ibori to South South! Do you see the number of handle mop following obi as if he is a seat? what of the one following dino malaye?

Your guess is as good as mine. Nigerians kill those they should defend and defend those they should kill! Pass to all your contacts & let your Political & Religion Leaders read, understand & digest.
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by ViceGovernor: 5:41pm On Aug 30, 2025
On second thought.....this just shows that government actively monitors our accts, they know how much you were worth yesterday and they will probably know tomorrow's own.
How do they know the exact percentage of people who dropped from millionaire status?
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by Ofunaofu: 5:41pm On Aug 30, 2025
The APC-led regime is both disastrous and calamitous
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by PepeXKermit: 5:44pm On Aug 30, 2025
ViceGovernor:
On second thought.....this just shows that government actively monitors our accts, they know how much you were worth yesterday and they will probably know tomorrow's own.
How do they know the exact percentage of people who dropped from millionaire status?
that statisitcs they told you not to bother about, that statistics is even more important to them than you.. i wonder how a literate elite will tell you that statistics doesnt matter, how then can you plan?
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by emirate9: 5:46pm On Aug 30, 2025
Ttalk:
No, Nigeria only lost the corrupt millionaires who stole us blind during the wicked reign of PDP.

Deziani and Dansuki comes to mind
At these point one can just conclude No support Tinunu or APC and still retain there number 6

who steals public fund and rate as " Millionaire" have you being living in this country at all, do politicians steal in millions
how much did yahaya bello loot, dasuki gate was it million, fayose poultry scam was it millions, is it diezani loot in millions apparently the stat is about the people

Instead of facing the obvious reality the middle class as being decimated you are here spewing trash to defend the indefendable
Re: Nigeria Has Lost More Millionaires Since 2015 Than Any Other African Country by emirate9: 5:52pm On Aug 30, 2025
ViceGovernor:
On second thought.....this just shows that government actively monitors our accts, they know how much you were worth yesterday and they will probably know tomorrow's own.
How do they know the exact percentage of people who dropped from millionaire status?
they dont have to monitor accounts personally All these agencies have to do is reach to financial institutions to source estimate of customers above a millions in there accounts.
Govt have no right or power to Monitor anyone account except you are a person of interest to law enforcement and court must grant an injunction before any bank will comply
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