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Top 10 Richest Politicians In Nigeria Today and There Net Worth 2022
Top 10 Richest Politicians In Nigeria Today and There Net Worth 2022
Top 10 Richest Politicians In Nigeria Today and There Net Worth 2022 Check out the top ten wealthiest politicians in Nigeria as of 2022. It is well known that some of Nigeria’s wealthy people are also politicians. We’ve had government executives on the top lists of wealthy men and women because of their salaries, allowances, and other benefits. Governors, senators, deputy senators, and other…
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Top richest musicians in Africa
Many artists have come together to create alliances that have influenced and driven them to stardom. The following are top ten richest musicians in Africa you ought to take note of.
1. Youssou N’Dour - net worth $145 million
Youssou N'Dour, also known as Youssou Madjiguéne Ndour, born October 1st, 1959, is a Senegalese singer, songwriter, composer, occasional actor, businessman, and politician. The singer started his career at the age of 12 and once performed with the Star Band, Dakar's most popular group, during the 70s.
The singer has a great voice and was once described as the most famous singer alive in Senegal.
He has won both fame and fortune over the years and is known to be the richest musician in Africa. His net worth is estimated to be $145 million. Youssou owns the biggest media house in Senegal with radio and TV stations. He also boasts vast investments in real estate.
2. Akon - net worth $80 million
Aliaume Damala Badara Akon Thiam, aka Akon was born on April 16th 1973. He is a Senegalese -American Hip-hop artist. Akon is a talented musician who has been in the music industry for a very long time. He is also an actor and has ventured into different businesses.
He has accumulated wealth over the years because of his versatility and ability to venture into other investment areas. Currently, he is ranked as the second richest African artist. He has an estimated net worth of $80 million.
As the richest musician in Africa, he writes songs and is also engaged in producing them. His sound recording and advertising deals also add an extra coin to his pocket. He has two labels called Konvict Muzic and Kon Live Distribution. These are some of the most popular labels globally, having signed some of the world's best, including T-Pain and Lady Gaga. This alone has put him at the forefront as far as making money in the music industry. Apart from his wealth creation skills via additional means, his singing talents set him apart, giving him an edge over competitors.
3. Black Coffee – net worth $60 million
Black Coffee, whose real name is Nkosinathi Maphumulo, is South Africa's richest musician and the third wealthiest in Africa's continent. He was born on March 11th, 1976, in Umlazi, South Africa. He has a net worth value of $60 million. He comes from KwaZulu-Natal but was raised in the Eastern Cape province. He is a celebrated artist and a holder of numerous awards. While he may not be popular in West Africa, he rules in the South. In addition to that, he is also extremely popular abroad. His creativity appeals to fans that appreciate the electronic music genre. He began his career in 1995 and released five albums under his label. He made significant growth steps in 2004 when he was chosen for Red Bull Music Academy held in Cape Town. In 2005, he won the Breakthrough DJ Of The Year award at the DJ Awards in Ibiza.
He also owns luxurious and fancy cars like Mercedes Benz G Station wagon, CLK Mercedes, Bentley, and Maserati. He also owns a private jet.
4. Davido – net worth $40 million
Nigerians can celebrate knowing that one of their own makes it to the list of the greatest in the industry. Popularly known as Davido, David Adedeji Adeleke was born in Atlanta, Georgia, on November 21st, 1992. He is popularly known for his excellent songs, which tend to become household names in Nigeria. He has made tremendous achievements in showbiz, especially in West Africa. Davido has many nominations, awards, and profitable endorsements.
According to Forbes, his DMW label also brings in a substantial amount of cash, contributing to his $40 million net worth value. Who is the richest musician in Nigeria? The net worth of Davido makes him the richest musician in Nigeria. His ability to transform music from being a hobby and talent to so much more that it became a business is a secret to success.
It took him only a few years to get a high status in the world of African show business. In 2011, the single Back When was released. It was the starting point of his success. Gradually, the artist gained more and more fame and recognition. This lead to the spread of his influence. He went on to collaborate with other celebrities and organize concerts in various parts of the world. All of his tracks are sure bangers and hits because he brings his all on the table. With so much energy and lover for his fans, it is not surprising that he continues to excel in a competitive industry.
5. Wizkid – net worth $30 million
Wizkid, whose real name is Ayodeji Ibrahim Balogun, is a talented and versatile Nigerian singer. He was born on June 16th, 1990, and is currently one of the richest Nigerian musician. Wiz Kid has a net worth value of $30 million. He is a Top Hot 100 song holder, Top R&B Song, and Top R&B Collaboration awards.
Many fans call him the king of African music because he hits every time he gets behind the mic. The artist tries to spread national motives all over the world. He has signed contracts with popular brands, including the Empire Mates Entertainment (EME), in 2009. His extra links and endorsements also earn additional income, with a good example being when he cooperated with Pepsi. He began as an ordinary boy singing in church. Who would have thought that after a while, he would work with the world-scale stars and receive cosmic revenues!
6. Don Jazzy – net worth $17.5 million
Don Jazzy was born on November 26th, 1982. His real name is Michael Collins Ajereh. Although he has no song of his own, Don Jazzy is among the richest artists in Africa owing to strongly expressed talents in producing, writing, and performing songs, and entrepreneurship. His current net worth is $17.5 million.
He has won numerous awards throughout his career, including when he became an ambassador for the MTV brand. He founded his record label and helped many talented artists achieve success. He is also engaged in business related to real estate and produces Wi-Fi in Nigeria.
7. Rudeboy - net worth $16 million
Rudeboy was born on November 18th, 1981, as Paul Okoye. Paul is among the richest artist in Africa. Paul, alongside his twin brother Peter, was once a duo known as P-Square. Together they were considered the most successful duo in Nigerian music industry history. They produced and released their albums through Square records. In 2017, the two decided to pursue solo careers after 15 years of performing together. The two brothers were worth $150 million before their split. After sharing their assets, Rudeboys personal net worth is now estimated to be $16 million. He owns a mansion in Parkview estate in Lagos, Nigeria, and drives many exotic cars.
8. 2Baba aka 2Face Idibia - net worth $15 million
2Face, whose real name is Innocent Ujah Idibia, was born on September 18th, 1975, in Nigeria. 2 Face is a popular Nigerian actor, record producer, singer, and songwriter. He started as a member of the Nigerian R&B group Plantashun Boyz. However, he gained fame in 2006 through his solo hit African Queen. As a famous musician, he has produced more than seven albums and won over 40 awards. 2 Face has invested greatly in real estate across Nigeria. He is also a brand ambassador of the real estate brand Pazino Homes and Gardens. In 2009 he was appointed as a brand ambassador to the National Agency for Food and Drug Administration and Control. He was also appointed as regional Goodwill Ambassador for UNHCR, the UN Refugee Agency, in 2020. He has also signed endorsement deals with Guinness brands, which earned him $125,000, and Airtel earned him $139,000.
Currently, he has an estimated net worth of $15 million and is considered one of the successful Afro pop artists in Africa.
9. Mr. P - net worth $11 million
Mr. P, aka Peter Okoye, follows his twin brother Paul closely as one of Africa's wealthiest musicians. Mr. P has had several solo projects, most notably the TV show Dance With Peter. He has also released several songs and continues to earn money from commercials and being a brand influencer. He owns mansions worth 2 billion naira and a collection of several classy cars. His current net worth is estimated to be $11 million.
10. D'Banj - net worth $11 million
D Banj, also known as Koko Master, is a famous Nigerian singer, songwriter, entrepreneur, and television personality. He was born on June 9th, 1980, as Dapo Daniel Oyebanjo. D Banj has won several awards as a musician. He is the first African artist signed to Kanye West's GOOD Music label.
He was also a campaigner for president Jonathan Goodluck. He has a chain of Koko lounges, a chain of high-end clubs in Nigeria. A TV station paid him $1 million on his reality show, Koko Mansion. He has also endorsed many different brands earning more.
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HE WAS ROUGH. HE WAS CRUDE. HIS METHODS WERE UNORTHODOX Prophet TB Joshua
Biography
Born 12 June 1963
Died 5 June 2021
Nigerian charismatic pastor, televangelist, and philanthropist. He was the leader and founder of Synagogue, Church of All Nations (SCOAN), A Christian mega church that runs the Emmanuel TV television station from Lagos. He was one of Nigeria's millionaire church pastors who fly private jets.
Joshua, then known as Balogun Francis, attended St. Stephen's Anglican Primary School in Arigidi Akoko, Nigeria, between 1971 and 1977, but failed to complete one year of secondary school education. In school, he was known as "small pastor" because of his love for the Bible. He came from a poor background and was brought up by his Muslim uncle following the death of his Christian father.
According to Joshua, he spent 15 months in his mother's womb.
His Rise To Firm
· He started his ministry in 1989.
· In the early Nineties, his performance could be characterized as that of a magician, an entertainer in the mold of popular street performers. In the early Nineties he could not preach a sermon because he couldn’t speak English.
· When he started his ministry on television in the mid-90s, his hair did not glisten, his shoes were not shiny and he did not have an American twang - he spoke with a Yoruba accent, and a mixture of English and Pidgin. He mostly wore a Jalabia - a loose-fitting garment worn by Muslims, and kept a moustache that gave him an intense look.
· He refined himself as he became wealthy, adding a fleet of cars and a private jet to look the part, but he remained an outsider.
· His followers found him charismatic and down-to-earth, and his message spread around the world.
· In recognition of his humanitarian activities, he was awarded a National Honor by the Nigerian government in 2008 as well as receiving a letter of appreciation from the United Nations.
· He was further honored as an Ambassador of Peace by the Arewa Youth Forum, a predominantly Muslim organization, as well as being recognized with an 'award of excellence' by ZAKA, Israel's primary rescue and recovery voluntary service.
· Ironically, it was pressure instigated by the Pentecostal Fellowship of Nigeria, with the NBC acting as a gatekeeper that allowed Joshua to flourish even further and set up Emmanuel TV. On April 30 2004, a law by the National Broadcasting Commission (NBC) came into effect, making it illegal to broadcast material containing the performance of miracles that have not been verified before the broadcast.
· In 2011, Joshua was third on the Forbes list of Nigeria’s five richest pastors, whose net worth was estimated at close to $15-million.
Religious Controversy
The Christian Association of Nigeria (CAN) and Pentecostal Fellowship of Nigeria (PFN) both acknowledged Joshua was not a member of either organization and denounced him as an 'impostor'. Enoch Adeboye, David Oyedepo, Ayo Oritsejafor, Paul Adefarasin and Matthew Ashimolowo are among the pastors that publicly denounced Joshua as an "impostor" who belonged to a group of "occults" that had infiltrated Christianity.
The CAN and PFN have also maitained that Joshua had no traceable record of mentorship and grounding according to the biblical model.
When he started his ministry probably up to the point of his death he didn’t have a church council, elders or deacons because he believed this would limit the grace of God that works through him.
He did not publish a statement of faith or theology in line with mainstream churches and practice.
Famous Ghanaian witch doctor, Nana Kwaku Bonsam once claimed T.B Joshua goes to him to acquire spiritual powers and challenged the Nigerian prophet to come out openly to deny.
Blacklisted in Cameroon:
He was 'blacklisted' by the government of Cameroon in 2010 and termed a 'son of the devil'. Rumours of a visit by Joshua to Zimbabwe in 2012 led to an intense national debate, culminating with pastors and politicians strongly objecting.
US election prophecy:
Joshua incorrectly predicted that Hillary Clinton would win the 2016 US election. After this prophecy failed to materialize, with Donald Trump winning the election, Joshua stated that he was referring to Clinton's win in the popular vote and any misinterpretation was due to a lack of "spiritual understanding".
Coronavirus:
Joshua claimed that COVID-19 would disappear globally on 27 March 2020.
His Ministration & Practice
He wielded enormous power - people fell when he spread out his arms, rolled when he snapped his fingers, and his breath pushed back rows and rows of his congregation.
To witness his prayer sessions in the early days of his televised ministry was to be treated to exorcism that many felt bordered on the occult.
On some occasions, he gazed intently at those he was praying for and seemed to control the movement of others with an invisible remote. His critics believe he could use his eyes with demonic powers in them to superimpose his thoughts into people a practice referred to as mesmerism or hypnotism.
Some of it felt like a hypnotic session, others like that of a magician at work.
His critics believe, telepathizing, hypnotism, occultism, kabbalah magic are processes of ruling the minds of weaker men. It could go to the length of seeing the magic maker in the dreams once the weaker person allows the demonic spirit of the conjurer to influence his mind.
He prayed over handkerchiefs, photographs and other personal belongings and asked people to take them home with them.
He also prayed over little bags of water, which were handed out at the church for people to suck and receive healing.
There were also reports that Joshua referred to the water in the bags as the ''blood of Christ'' (What about Holy Communion and its interpretation?).
His critics also associated the extreme shaking of the hand to shamanism.
He believed illness was caused by sin. If someone was healed and become ill again, it is because the person had sinned again.
Question & Answer Interview
“Given by T.B Joshua in a book called Pastor W.F. Kumuyi and Prophet T.B. Joshua: Are both messengers of God? By Isaac B. Agbaje and Abieye Kalu.”
Q: Why he doesn't criticize other men of God?
A: "Despite the fact that many fellow ministers of God daily blaspheme against me, I refrain from retaliating, because I know the grave consequences of criticizing an anointed man of God ... For instance, if you are a minister of God, but deliberately go out of your way to blaspheme against another man of God, whom you knew is a true man of God, you have lost one or two of your spiritual powers to the colleague you blasphemed against unjustifiably."
Q: Why he is a vegetarian?
A: "I was not born a vegetarian. In fact, when God sent me on this mission, I realized that my work is tedious. I will refer to John 5:37: "And the Father who sent me hath borne witness to me, His Voice you have never heard, His form you have never seen."
"In a week I deliver contrary spirit carriers (Ogbanjes), witches and wizards (about 1000 of them). They are not ordinary human beings. Some are half human and half fish. So if you eat fish you cannot deliver them."
Q: His unique divine personality.
A: "The divine person in me can do a million things simultaneously. I can appear to thousands people in their dreams in any part of the world to set them free of their sicknesses, problems and afflictions."
My Opinion
Unlike his peers Prophet Joshua did not establish church branches on every street corner and mostly kept his family in the background. The church was him and he was the church, each a reflection of the other. It was a typical one-man show, although he has disciples. It will be interesting to see how the church will chart the way forward without him.
Many of the things he was criticized for are also practiced by many of the Pentecostals who are no less deified by their members but because he did not belong to the clique or fall into their own description of God, he was demonized.
Religion has been used to a larger extent to divide people and take away their dignity and their identity it is for this reason that I am not a fan of religion.
Spiritual laws will always trample on religion because they are no respecter of any human being, place and time. Regardless of your colour, creed and nationality wherever you are the law of gravity will always work and the same goes with other laws of creation.
He was rough. He was crude. His methods were unorthodox!
By Reul Reul
REFERENCES & CREDITS
BBC World Africa
Adom TV - Bishop Kayode Peller
Wikipedia - By TBJ Arabic - Own work, CC BY-SA 4.0
Apologetics Coordination Team
Mail & Guardian
#The Christian Association of Nigeria#Pentecostal Fellowship of Nigeria#Satanism#witchcraft#shamanism#pentecostalism#charismaticchurches#prophet tb joshua#bishop david oyedepo#bishopenochadeboye#christianity#miracles#signs and wonders#hypnosis#telepathy
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1. Briggs Family
Chief Olu Benson Lulu-Briggs is one of the richest men in the country. He is the predecessor of the Briggs family and the founder of Moni Pulo Limited (MPL), a private indigenous oil and gas exploration and production company.
MPL is located in Port Harcourt but has offices in Lagos and London. The company is known for its operational efficiency of international standard.
The wife of Chief Lulu-Briggs, Mrs Seinye Lulu-Briggs is the Chief Executive Officer of Rachael Hotels Limited. She is a seasoned administrator and an accomplished businesswoman. She worked in the Civil Service for a year before proceeding to a Design Research Centre where she was the Office Manager.
Chief Dumo Lulu Briggs is another affluent member of the Briggs family. He was the pioneer Executive Director and Chief Operating Officer of Moni Pulo Limited from 1995 to 2002. He is a trained lawyer and a member of the Nigeria Bar Association (NBA).
2. Ibru Family
The Ibru family are the ones behind the Ibru Organization which was established in 1956. The organization is one of the largest conglomerates in the country with over 10,000 employees.
The organization has diversified business interests which include shipping, agriculture, aviation, banking as well as oil and gas.
The founder of the Ibru Organization is Michael Ibru. Prior to founding the organization he worked at the United Africa Company from 1951 to 1956 before partnering with an Englishman Jimmy Large to form the Laibru General Trading Company
In 1957, Ibru began distributing frozen fish in Nigeria, he was a pioneer in this business. He would later form the Ibru Sea Foods, a company through which he imported frozen fish and sold them using the back of truck. The business grew and he was able to partner with a prominent Japanese firm.
Over time, Ibru expanded his business to vehicle transportation, distribution and fruit growing, brewing, construction and petroleum distribution.
Some other prominent members of the Ibru family include Michael’s eldest son Olorogun Oskar Ibru, Alex Ibru, Felix Ibru, Oboden Ibru and Cecilia Ibru
Alex Ibru is the chairman of Rutam Motors and he was an ex-minister of Internal Affairs between 1993 and 1995. Felix Ibru was a former governor of Delta State. Prior to becoming governor he was the founder of an architectural firm. Cecilia was the former Managing Director and Chief Executive Officer of Oceanic Bank.
3. Okoya-Thomas Family
Prince Molade Okoya-Thomas is the progenitor of the wealthy Okoya-Thomas family. He was the chairman of CFAO Nigeria Limited prior to his death on the 2nd of February 2015. His father was the first local staff of CFAO and he served the company for 52 years.
Prince Okoya-Thomas trained as an accountant at the Columbia University in New York City in 1981. After his graduation, he return to Nigeria to begin his career as an accountant with CFAO.
He eventually rose to become the chairman of the company. Okoya-Thomas was also the Director of Transcap Nigeria Limited, NFI Insurance Company Plc, Gateway Bank Plc and Niger Motors Industries Limited. He was also the Chairman of Studio Press Nigeria Limited.
Another prominent of the Okoya Thomas family is Princess Olajumoke Abidemi Okoya-Thomas. She is a member of the Federal House of Representatives of Nigeria representing the Lagos Island I Federal Constituency of Lagos state.
4. Dantata Family
The Dantata Family is arguably the richest families in the country with the billionaire businessman Aliko Dangote also being related to this prestigious family.
Sanusi Dantata was a Nigerian entrepreneur and the son of Alhasal Dantata. His father, Alhassan was a Northern Nigerian trader in kola nuts, ground nuts and distributor of European goods. He used to supply the large British trading companies with raw materials. When he died, he was said to be one of the wealthiest men in West Africa.
The other members of the family include:
Ahmadu Dantata (1916-1960): son, a politician
Alhaji Abdulkadir Dantata: grandson
Alhaji Mudi Dantata (1918-2005), son, a successful Businessman
Aliko Dangote (1957- till date): great grandson, a billionaire
Aminu Dantata (1931- till date): son, a businessman
Mamuda Dantata (1922–1983): son, founder of the West African Pilgrims Association and a currency trader
Sanusi Dantata (1917-1997): son, a successful businessman
5. Fajemirokun family
The Fajemirokun family is one family that doesn’t currently feature prominently on the rich list but their investments still exist in various sectors of the economy.
The precursor of this family, Henry Oloyede Fajemirokun was a trade unionist that later became one of the major Nigerian industrialists and businessmen.Fajemirokun was the one that led the negotiations to establish a merchant bank bringing in First Bank of Boston (later Bank of Boston). This would later lead to the establishment of Nigerian-American Merchant Bank Limited (NAMBL).
He also founded Henry Stephen, a pioneer company in the Nigerian Oil industry. It was the first indigenous private oil company to get an offshore exploration license in the country’s first ever offshore licensing round of oil prospecting licenses (OPL) in 1970.
6. Tejuosho family
Initially, the most prominent member of this family was Bisoye Tejuoso, a prominent Nigerian businesswoman from Abeokuta. Her father was an Egba farmer and a Chief in Abeokuta.
She is known to have established Teju Industries; a firm specialized in foam manufacturing. She is the mother of Oba Adedapo Tejuosho.
Adefunmilayo Tejuosho is another prominent member of the Tejuosho family. She is the wife of Prince Kayode Tejuosho. She is a trained lawyer and a politician and the fourth term Lagos State House of Assembly legislator, representing Mushin Constituency I. Funmilayo Tejuosho is also the chairperson of the Lagos State House of Assembly Committee on Finance.
Lanre Tejuosho is another prominent member of the Tejuosho family. He is the son of His Royal Highness Oba Adedapo Adewale Tejuoso, the Osile of Oke Ona of Egbaland. Lanre Tejuosho is a senator and a trained medical doctor. He is the Chairman Senate Committee on Health.
7. Tinubu family
The forerunner of the Tinubu family is Bola Ahmed Tinubu. He was the former governor of Lagos state. He has an estimated worth of over $30 million making him one of the richest politicians in the country.
Another prominent member of the Tinubu family is his wife, Oluremi Tinubu. She is currently a senator of the Federal Republic of Nigeria.
8. Saraki family
Some of the prominent members of the Saraki family include Olusola Saraki, Bukola Saraki and Gbemisola Saraki.
Olusola Saraki was a Senator of the Second Republic. He was also the chairman of the defunct Societe General Bank. He died in 2012.
His son,Bukola Saraki is the former Senate President of the Federal Republic. he was the governor of Kwara state between 2003 and 2011. The Saraki family is one of the richest political families in the country.
9. Folawiyo family
The predecessor of the popular Folawiyo family is Chief Wahab Folawiyo. He was the founder of Yinka Folawiyo and sons, an import and export business which later became the Yinka Folawiyo Group. Yinka Folawiyo Group has investments in energy, agriculture, shipping, and real estate. The group is current managed by his son, Tunde Folawiyo. Tunde is currently worth $650 million according to Forbes.
10. Igbinedion family
The progenitor of the Igbinedion family is Chief Gabriel Igbinedion. He is the Esama of Benin, a title conferred on him by the Oba Akenzua II.
Chief Igbinedion has a vast business empire which include a private bank, oil refinery, diamond, gold and marble mines, a private university (Igbinedion University), a private TV station, a radio station and a large number of hotels and real estate spread across the globe.
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List of 10 richest families in Nigeria 1. Briggs Family Chief Olu Benson Lulu-Briggs is one of the richest men in the country. He is the predecessor of the Briggs family and the founder of Moni Pulo Limited (MPL), a private indigenous oil and gas exploration and production company.
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THE OSWALD HANCILES COLUMN
*"There is No Plan B..."*
*"(Climate Change) ....is one of the most ...serious issues....which world
leaders **must attack**...without wasting any much further time...Time is of the essence...! You have seen so many cases of extreme weather patterns.. which has been striking all around the world... It happened right in the middle of New York...Climate Change is happening much more
faster.... than one would expect.... Climate Change is happening because of human behaviour....And If it is happening because of us, then it is us ...we, the human beings, who ... must correct it....We have only one
earth,...Some people...who do not support this.... may think we have Planet Earth B ....No.....We have only one planet earth...Therefore, there is no Plan B ...We have only ... Plan A.....We need political leadership ... That is why I am convening on September 23rd of this year...in the United Nations....World Leaders Climate Change Summit Meeting..." *
-
*Ban Ki Moon, Secretary General of the United Nations, Freetown.*
When the Secretary General of the United Nations, Ban Ki Moon, stood next to the President of the Republic of Sierra Leone, H.E. Ernest Bai Koroma, during a joint press conference about a week ago at State House, Freetown, I absolutely comment here that the above-quoted response to the question by "veteran" journalist, Clarence Roy-Macaulay (Associated Press), on "Climate Change", was the most thought-inducing one . For feisty-politically-partisan-and-polarized Sierra Leoneans, the mention of
the two words "Plan B" would evoke derisive thoughts of the lurking threat in the words of "veteran" politician, Charles Margai, about two years ago - about a "Plan B" to outwit the governing APC government. What our 11 years civil war should have taught us in Sierra Leone is that there is really NO 'Plan B' for Sierra Leone - we either sail together, or, sink together. But, then, even if we follow the elixir-sounding prescription of Ban Ki Moon - "*Rule of Law**"**...**"**Quality
Education**"* - to manage our country as if Jesus Christ and Prophet Mohamed combined were national leaders, 'Climate Change' would wreck havoc to our most valiant efforts of good governance; and blight President
Koroma's vision of a "Middle Income Sierra Leone in 35 years".
*'**The ant**'**s world**'** is not ALL of planet earth*
For the human race not to collectively address the emerging realities of 'Climate Change' would be like this: *an ant is luxuriating on a slice of bread with butter and jam, nibbling away; the bread is inside the captain's cabin of a huge passenger ship in the middle of the Atlantic Ocean carrying over a thousand passengers; the ant **'**thinks**'**: "
I will protect this wealth with all the weapons at my command!"; but, unbeknown to the ant, others are setting fire to parts of the ship, others are boring deep holes on the sides the ship, causing the ship to dangerously bend; and, if they are not stopped, the ship would sink to the bottom of the ocean, and no matter how much the ant tries to defend its 'slice of bread world', it would die like the rest of the passengers on the ship*. The biggest and most powerful of all nations - the U.S., Russia, UK, Japan, China, Germany, etc. - are like that ant. As well as tiny nations like the Gambia, Benin, Seychelles, Sierra Leone, etc.
*Climate Change is the **'**Truly First World War**'*
All the biggest wars mankind has ever fought would pale in comparison to the ongoing 'Climate Change war'. The Second World War was
ferociously fought in Europe, North Africa and Asia. It ended with the dropping of the hydrogen bombs on Hiroshima and Nagasaki in Japan in 1945. It gave humanity a glimpse of man-created Armageddon. It was
not, in essence, a 'world war' - large swathes of the planet in South America, Africa, and North Atlantic were largely untouched by it.
*Climate Change is essentially **'**The First World War**'*. Wars have to have 'enemies' and 'friends'. The 'enemy'...? The 'enemy' in this '*Truly
First World War**'* is frightfully amorphous.
The Allied Powers in Europe during the so-called 'Second World War'knew who the enemy were - Adolf Hitler's rampaging Nazi war machine;
the megalomaniac Benito Mussolini of Italy, and 'emperor-god' of Japan who inspired kamikaze warriors not afraid to die for the Fatherland. Martin Luther King Jr. and Nelson Mandela had little trouble in pigeon-holing the enemy - white racism against blacks in the US and South Africa. In this 'Climate Change war' who are the 'enemy'?
If we have trouble identifying the enemy, we do know that the 'enemy' is winning most of the battles for now. Climate Change means that average temperatures have climbed 1.4 degrees Fahrenheit (0.8 degree Celsius)
around the world since 1880, much of this in recent decades, according to NASA's Goddard Institute for Space Studies. The rate of warming is increasing. The 20th century's last two decades were the hottest in 400 years. The United Nations' *Intergovernmental Panel on Climate Change (IPCC) *reports that 11 of the past 12 years are among the dozen warmest
since 1850. What would these scientific facts mean?
*The effects of Climate Change Third World War*
Sea level could rise between 7 and 23 inches (18 to 59 centimeters) by century's end, according to IPCC's February 2007 report. Rises of just 4 inches (10 centimeters) could flood many South Seas islands and swamp large parts of Southeast Asia. Glaciers around the world could melt, causing sea levels to rise while creating water shortages in regions dependent on runoff for fresh water. Let me kindle your imagination: Bonthe and parts of Shenge in Sierra Leone could go under water; the hug investments in tourism on the idyllic beachfronts in Freetown could be lost forever; Monrovia, and most of the billions of dollars of investment in Lagos city, would be devastated irreparably.
Strong hurricanes, droughts, heat waves, wildfires, and other natural disasters may become commonplace in many parts of the world as Climate Change gains momentum. The growth of deserts may also cause food shortages in many places. *The fragile economies and political systems of Africa, the dearth of scientific and technological know-how, would NOT be able to withstand the 'enemy's onslaught' - and food relief could not come
from China or US, as they could be faced with food emergencies themselves.* Who is this 'enemy' plotting to wreck havoc on humanity much more cold
bloodedly than Pol Pot, Idi Amin, Osama Bin Laden, Adolf Hitler....all combined?
*Aha!! **'**The Enemy**'** - for Africa, at least*
The March, 2013 edition of *African Business* magazine, titled '*WHO SHOULD PAY FOR CLIMATE DAMAGE**'*, helps to narrow down the 'enemy' - at least, as far as Africa is concerned: "*Do not be misled by the neutral sounding 'climate change' label. It has been proved beyond doubt that human activities, particularly from the heavily industrialized North and Asia, have messed up the earth's climate patterns to such an extent
that the future for many people is nothing sort of catastrophic (!!).
Damage from climate change .... affects every person on the continent and has direct bearing on your income, your health, your quality of life and in some cases, your very existence...." *
Bahijahtu Abubakarr, head of Nigeria's Renewable Energy Programme, referring to Africa's 3% -5% emission rate, is indignant: "*We did not create the problem.....Nor are we being provided with remotely close to
what is needed to tackle it - financial and otherwise..."* Climate Change should stimulate a paradigm shift in global international relations. But, no! The perception of the richest nations that Africa is beggarly...festers. Calculations by ecological economists at institutions like University of California, Berkeley in 2010, based on just six categories - greenhouse gas emissions; agriculture; exploitation of
fisheries; deforestation; ozone layer depletion; and conversion of mangrove swamps - *show that 'rich' nations owe poor nations over $2.3trillion. *The estimates were described as conservative by the authors because they
exclude categories such as freshwater depletion, loss of biodiversity, etc.Under the (Climate Change) Cancun agreement, developed countries
'agreed' to provide USD 30 billion for the finance period 2010 to 2012. Among the billions of climate funds pledged, only a small percentage is reaching Africa. Africa has received about 12 percent of funding for adaptation. Asia - 40%; Latin America - 25%. Again, Africa is the 'men pikin', or, poor cousin, being given the leftovers. Belligerent African thinkers are calling for *'Climate Change reparations...'*
*To listen to the 'slave masters'' intransigence? To do the 'slave
dance'?*
*Jos Delbeke, the European Union's (EC) Director-General for Climate Action*, deflected the issue. He told African Business, "*The concepts of 'ecological costs' and 'ecological debt' are highly controversial. The concept of 'North' versus 'South' no longer holds. (We) need a new legally binding global agreement covering all countries - by 2015 at the latest....* ". Same patronizing song that Africa's 'slave minded' leadership are expected to dance to. Ban Ki Moon said in Freetown during the aforementioned press conference last week that he has invited President Koroma to a big Climate Change conference
of world leaders in September 2014 - including civil society leaders, women and youth leaders. To do what? Another round of 'slave masters''songs
- another frenzied dance by the 'global slaves'? Slavery!!! For over
twenty four years, in Liberia, Nigeria, and here in Sierra Leone, I have developed projects and *ideas that link the Protracted Holocaust of the Atlantic Slave Trade to the thought behind today**'**s Climate
Change*. This is 'another story' really. For now, FORBES' thousand plus billionaires on the planet, the leaders and managers of trillions of dollars economies...must reflect, and take action on, Ban Ki Moon's
profundity: there is "no Plan B"; humans have caused 'Climate Change - and, humans can mitigate it ... - this mandates and end to 'us' versus ' them'; 'slave master over slaves' mentality, rich nations against poor nations....white against blacks....
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10 Super Talented African Artists
Africa is a vast continent with a rich and diverse culture and traditions.
This wealth and diversity ensures that Africa is served with some of the world’s greatest artistic talents.
Discover more: 10 Most Influential African Women
To celebrate and honor this wealth and diversity, we have compiled a diverse list of our favorite famous African artists who are still alive today.
10. Michael Owusu Addo (Sarkodie), Musician – Ghana
From his humble beginning as an underground rapper, Michael Owusu Addo (1) who is popularly known as ‘Sarkodie’, rose to fame through his single debut by the name ‘Baby’.
Being the first Ghanaian (2) to win BET Award, Sarkodie has received the most nominations by any Ghanaian standard. This is evidenced by the fact that he was billed as the 19 most influential Ghanaian of the time, a great fete in a continent that still ‘worships’ politicians to the demigod status.
Sarkodie has been a staunch advocate of Azonto, a popular African music genre that owes its roots to the traditional Ghanaian Kpanlogo dance.
His first single, ‘Mewu’, from his fourth Album became an instant sensation upon release with sales topping 4,000 copies on its first day of release in Accra Ghana.
Billed by Forbes as among the “Top 10 Richest/Bankable African Artists,” Sarkodie has definitely etched his mark on the African entertainment scene.
9. Aya Tarek, Graffiti Artist – Egypt
Aya Tarek (3) is a street artist (graffiti) who came to fame during the ‘Arab Spring’ – a political uprising in Egypt (4) that ended the long reign of dictator Hosni Mubarak.
She used her graffiti to express political views and communicate to the world about the feelings and sentiments of the Egyptian people protesting against the autocratic regime.
Apart from grafitti, Aya Tarek has also participated in film creation. She has featured in Microphone, a film created by Abdallah whose primary theme is about art scene in the Alexandria Metropolitan. She has also featured in her own masterpiece, “How to F*ck Your Mind”, which is an explosive expression of her views.
Discover more: 10 Interesting African Tribal Tattoos
Her niche, using graffiti to communicate political and national issues, has made her uniquely positioned not only as the voice of the voiceless in the gravely censored media space in Egypt, but also in the Arab world.
8. Ama Ata Aidoo, Playwright – Ghana
Maybe too big for this list, Ama Ata Aidoo (5) is much more than an artist. Apart from being a playwright, poet, and author, she is also a scholar, a politician, an administrator, and philanthropist. She has been a Minister for Education under Jerry Rawling’s regime.
Aidoo is currently running Mbaasem Foundation which she established in 2000 as an organization dedicated to the promotion of African women writers.
She has more than a dozen titles to her literary work. The most famous of them being ‘The Dilema of a Ghost’, ‘Our Sister Killjoy’, and ‘Anowa’.
Discover more: 10 Must Watch Nollywood Movies
7. Nkosinathi Maphumulo (Black Coffee) – South Africa
Born in Kwazulu Natal, Nkosinathi Maphumulo (6), popularly known as ‘Black Coffee’, is a multi-award winning artist who has collaborated with world-famous musicians such as Alicia Keys, Drake, John Legend, and Usher, among others.
One of his famous masterpieces is “We Dance Again” from “Pieces of Me” album that catapulted him to global fame.
To his credit, he is the first South African (7) to win BET Award. In addition, he has won DJ Award for Best Deep House, plus three other South African awards.
His Soulistic Music, a leading management and record company, has been able to sign off releases from Zakes Bantwini, Culoe De Song, and Tumelo. All of them made spectacular achievement in gold and platinum sales.
6. Ngugi Wa Thiongo, Playwright – Kenya
Once imprisoned for his theatrical arts, Professor Ngugi Wa Thiong’o (8) is a renowned playwright and literary scholar from Kenya (9). He has worked extensively while in exile in the United States. He has produced various literature works and drama pieces.
As a persistent advocate of decolonizing the African mind, Ngugi Wa Thiong’o has used his literary works to educate Kenyans in particular and Africa in general, against cultural colonization by the West.
It is from this grounding that Ngugi Wa Thiong’o writes extensively in his ethnic Kikuyu language and then makes translation to other languages including Swahili and English. He is one of the rarest few scholars who write in their own ethnic languages.
Billed over the ages as a potential candidate for Nobel Prize in literature, Ngugi continues to inspire many, especially in his persistent message of mental decolonization. Maybe this is one of those unpalatable subjects that the West-dominated Nobel Prize Committee won’t love to entertain.
5. Faustin Linyekula, Choreographer and Dancer – Congo
A master of the dance theater, Faustin Linyekula (10) is well-known in the international choreography arena as a great dancer.
He is mostly associated with Studios Kabako, located in the Democratic Republic of Congo (11), which he created by himself. The studios are dedicated for dancing.
Faustin has participated in so many international dance festivals. Some of these include Suresnes Cités Danse Festival, Festival d’Avignon, Le Cargo, Dinozord, Avignon festival, among others. He has also made collaborations with other dancer groups, notably, Ballet de Lorraine, and Sans-titre.
Apart from dancing, Faustin has promoted choreography in Africa as one among Africa’s eminent personalities with regard to this profession. Faustin still has a lot more to offer the world in general, and Africa in particular – in as far as international professional choreography is concerned.
4. Khaled Hadj Brahim in Sidi-El-Houari, Musician – Algeria
Famously known as “the King of Rai”, Khaled is an Arabic music star born and raised in Algeria (12). He relocated his base to France during Algerian political upheavals where he debuted the international scene with his famous ‘’Didi” hit song. “Didi” was released in 1992 and instantly became an international sensation.
Khaled (13) is a highly diverse and varsatile musician. Apart from singing in his native Arabic, he also sings in French. He fuses various genres including Hip Hop, Reggae, Funk, Salsa, among others. Apart from the famous ‘Didi’ hit, another big hit is “Aicha,” which is a love single that he produced in 1996.
Prior to “Didi”, Khaled debuted his music career as a 14-year-old teen with “La Route De Lycee”. This was after he had dropped out of school to start his Five Stars band.
Among the musical instruments that Khalid is able to play include accordion, guitar, bass, among others.
3. Salif Keita, Musician – Mali
Born in 1949 in Mali (14), Salif Keita is one of the veterans of Afro-pop. Born an albino, Salif Keita (15) has been an inspiration to those who suffer from albinism in Africa. Stigmatization and primitive superstitions and beliefs have contributed to albinos being an endangered ‘species’ in Africa. Many have been murdered while others abandoned as babies.
Through his inspirational music career, many Africans have learned that having an albino child is not a bad omen or something to be disgraced about.
Commonly referred to as “Golden Voice of Africa”, Salif Keita has a graveling voice with profoundly poetic lyrics. One of his famous albums is ‘Le Difference’ that he recorded towards the end of 2009. It is dedicated to the struggle of the albino community as victims of human sacrifice.
Salif Keita himself has faced persecution due to his condition. First of all, being disowned by his own father despite him coming from a noble family. Later on, forced to flee his own country for fear of being killed for ritualistic sacrifice and for having been completely obstructed from pursuing his beloved career due to his condition.
Among notable charity works, Keita has participated in includes tribute to Nelson Mandela urging for his release. He has established Salif Keita Global Foundation, an organization dedicated to championing for the rights of albino community worldwide. He has also been a UN Ambassador on albinism.
2. Cheri Samba, Painter – DRC
The Democratic Republic of Congo (DRC) is famous for music artists. However, this hasn’t overshadowed Cheri Samba (16) whose drawings continue to leave an indelible mark on Africa’s artistry canvas.
Samba wa Mbimba N’zingo Nuni Masi Ndo Mbasi (Cheri Samba) has a large number of art collections which can be found in world’s famous places including Museum of Modern Art in New York, Centre Georges Pompidou in Paris, and The Contemporary African Art Collection (CAAC).
His artistic work has featured in various global exhibitions, including The Global Contemporary Art Worlds (Germany), The Venice Biennale (Italy), Art contemporain d’un continent (Germany), and Centre national d’Art Contemporain (Italy), among many other places.
1. Wole Soyinka, Playwright – Nigeria
Like Ama Ataa Aido, Akinwande Oluwole Babatunde Soyinka (Wole Soyinka) is another heavyweight that probably overflows this list. Nonetheless, we consider his part as a Playwright to consider him on this list.
He obviously has many other forays which make his role as a playwright rather minor. But, as much as this is one of the many roles he has in his career, it has a strong impact on the African continent.
Wole Soyinka (17), the first African Literary Nobel Laureate, has been on the forefront of promoting literary depth in Africa. He has used his playwright talents to champion for socio-political change not only in his native country, Nigeria (18) but also across Africa and the rest of the world.
He has been a stubborn critic of autocratic military regimes in Nigeria, which made him pay the price by being detained for two years by a military junta led by General Gowon.
As a globe-trotting professor of Comparative Literature and Nobel Laureate, Professor Wole Soyinka has lectured in many universities across Africa, Europe, and North America. He has also served as UNESCO Goodwill Ambassador for the Promotion of African culture, human rights, freedom of expression, media and communication.
Conclusion
Africa got talents. This is just but a condensed list of the so many competitive talents who deserve a mention. Next time you are in Africa, take a chance to explore works by these greats.
Resources:
Michael Owusu Addo
Facts About Ghana
Aya Tarek
Facts About Egypt
Ama Ata Aidoo
Nkosinathi Maphumulo
Facts About South Africa
Ngugi Wa Thiong’o
Facts About Kenya
Faustin Linyekula
Facts About Democratic Republic of Congo
Fats About Algeria
Khaled Hadj Brahim in Sidi-El-Houri
Facts About Mali
Salif Keita
Cheri Samba
Wole Soyinka
Facts About Nigeria
The post 10 Super Talented African Artists appeared first on Afrikanza.
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The Richest Woman In Nigeria 2017
These wealthy women in Nigeria have proven that they can compete in richness with men. Who is the richest woman in Nigeria? How did she become more successful than other people in Africa? Let`s start with top 10 rich women in Nigeria to find out who is the richest of them all. Their assets and experience in life can speak for themselves.
How to find the richest woman from Africa? It`s easy as they do not tend to hide their riches from people. Some of them are self-made businesswomen, others have become rich due to their family heritage. Still, each person on this list has earned the right to be called the richest woman!
Folorunsho Alakija
She is the richest woman billionaire in Nigeria. According to her biography, Folorunsho Alakija did not attend any university, but it did stop her to become a successful woman. She is a female billionaire that founded the Famila Oil - one of the biggest oil companies in Nigeria. Folorunsho Alakija net worth is tremendous, more than $2.1 billion.
She also has real estate with the overall price of more than one hundred million dollars and a private jet worth $46 million. She is 66 years old. She has spent most of her life earning this sum of money. In 2014, she was presented at Oprah Winfrey`s program as the richest woman in Africa!
Hajia Bola Shagaya
She is surely one of the richest people in Africa. She is also one of the few billionaire black women in the world. Hajia Bola Shagaya was born in 1959 in Ilorin, Kwara. She started her career at audit department of the Central Bank of Nigeria.
Her business started when she introduced photographic materials of the Konica brand to Nigeria. That was only the start. Now she is a director of Practical Limited - one of the largest oil companies in Nigeria. She owns a Gulfstream G650 aircraft! Hajia Bola Shagaya net worth is about $1.9 billion.
Diezani Alison Madueke
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She is a Nigerian politician and the first female president of OPEC. Diezani Alison Madueke also worked as Minister of Transportation in Nigeria in 2007-2008. She later moved to Mines and Steel Development in 2008 and was appointed Minister of Petroleum in Nigeria.
She was appointed to the cabinet with the help of President Goodluck Jonathan. In 2015, Reuters reported that Diezani Alison Madueke was arrested by the UK`s National Crime Agency on suspicion of corruption. Nigerian Economic and Financial Crimes Commission also raided her real estates in Nigeria. She supposedly has about $2 billion dollars on her various bank accounts.
Daisy Danjuma
She is a strong woman and considered to be the richest woman entrepreneur in Nigeria. She is a wife of one of the richest men in Nigeria - General Theophilus Danjuma. She got a lot of presents from her billionaire husband including super jet which cost over $40 million. She also runs several companies across Nigeria provided her by the husband.
In 2003 she was elected as Senator of Nigeria, that only helped to boost her bank accounts. Daisy Danjuma also worked on various committees as Senate Committee Chairman on Women Affairs and Youth Development and Chairman of the ECOWAS Parliament`s Women and Children`s Rights Committee. Her husband helped her to earn more than $1 billion of her net worth.
Stella Oduah-Ogiemwonyi
She is considered to be one of the richest women in the world, but now she also worked as the Federal Minister of Aviation in Nigeria. She has close relations with former President Goodluck Jonathan as she served as his campaign`s Director of Administration and Finance.
Before that, she worked at the NNPC and later created Sea Petroleum&Gas Company Limited. Now she struggles with financial problems as her company has been closed with indebtedness over $16 billion. She currently has about $1 billion in various bank accounts which she can still use.
Florence Ita Giwa
Florence Ita Giwa was born in 1946 in Cross River State. She was elected Senator of this state. After her leaving the Senate she joined the People`s Democratic Party, where she became Special Adviser on National Assembly Matters of President Olusegun Obasanjo. She was suspected of corruption by the Economic and Financial Crimes Commission. She currently has from few hundred million dollars to one billion on various bank accounts.
Cecilia Ibru
Cecilia Ibru was born in 1946 in Nigeria and worked as the Managing Director and Chief Executive Officer of Oceanic Bank. Later she became the CEO of the Union Bank of Nigeria. Ibru appeared in various scandals connected with multibillion frauds. Anti-corruption police confiscated almost all her properties when she was found guilty to fraud charges. However, she might have about one billion dollars on her secret accounts today.
Fifi Ekanem Ejindu
Fifi Ekanem Ejindu is an architect and businesswoman. She is also one of the richest woman according to Forbes. According to her biography, she is a great granddaughter if King James Ekpo Bassey. Her father was a famous Professor Sylvester Joseph Una. In 1995 she returned from the USA to start her own business in Nigeria.
In 1995 she started Starcret Group Investment Ltd, Starcret Industries Ltd and Starcrest Associates Ltd which was involved in building constructions, gas and oil. Fifi Ekanem Ejindu describes her architectural style as Neo-traditional. She defined building with tribal old style features. Her current net worth is about $600 million.
Dr Stella Okoli
Dr Stella rose into the world of billionaires with her urgent drive to make healthcare affordable in Nigeria. She is a CEO of Emzorpharmaceutical Industries Limited, which produces over thirty types of pills consumed by millions of Nigerians.
The company is on the market for over 35 years. Her drive provided her not only money but the world`s recognition too. She also started a Non-profit Organisation called the Chike Okoli Foundation. The main goal of the organisation is to fight poverty and diseases in Africa. She also founded the Chike Okoli Centre for Entrepreneur. Dr Stella Okoli is a woman with more than $500 million of her net worth.
Bimbo Alase
Mrs Bimbo Alase is on the list of the richest woman from Africa. She managed to cement her place in the high society of Africa. She started with a small furniture store in Lagos many years ago. Since then it has been developed to one of the biggest furniture companies in Nigeria!
Her small business is now known as Leatherworld Furniture Company. This company is partnered with NIERI - one of the most popular Italian Furniture Company. Therefore, Leatherworld Furniture Company sells one of the best furniture in Africa. She is a proud mother of one child and her Leatherworld Furniture Company provided over $400 million.
So who is the reachest woman in Nigeria? It is beautiful Folorunsho Alakija!
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The managers at #Oxfam, a #charity, are no fools when it comes to garnering headlines for #poverty #inequality #wef
They have issued a press release, reminding the world that the globe’s eight richest people own half the world’s wealth, to coincide with the annual gathering of the rich and powerful at the World Economic Forum in Davos, Switzerland this week. Oxfam says these rich men generally have corporate tax-dodging, mean wage policies and political power to thank for their riches. The names on the list will not surprise anyone, with Microsoft founder Bill Gates topping the list. He is a philanthropist, giving away vast sums of his wealth; nevertheless, questions are raised about Microsoft’s ability to take advantage of weaknesses in the global capitalist system in the first place to amass huge sums. Investment sage Warren Buffett also features on this list as do global internet entrepreneurs Jeff Bezos, Amazon founder, and Mark Zuckerberg, Facebook co-founder and the company’s American chairman. Amazon and Facebook are among the companies criticised for taking advantage of loopholes in global legal systems to pay little to no tax in jurisdictions where they generate huge revenue. The clever people at Davos have fixed the system to ensure their best interests are at the centre and it is long overdue for some smart thinking on how to close the gap between rich and poor, is the message from Winnie Byanyima, Executive Director of Oxfam International. Byanyima has been campaigning for some years against the inequality that is trapping societies. Big business and the super-rich the world over make sure that government policy works for them, she will be reminding delegates at Davos – yet again. – Jackie Cameron
From Oxfam*
Just 8 men own same wealth as half the world
Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.
Oxfam’s report, ‘An economy for the 99 percent’, shows that the gap between rich and poor is far greater than had been feared. It details how big business and the super-rich are fuelling the inequality crisis by dodging taxes, driving down wages and using their power to influence politics. It calls for a fundamental change in the way we manage our economies so that they work for all people, and not just a fortunate few.
New and better data on the distribution of global wealth – particularly in India and China – indicates that the poorest half of the world has less wealth than had been previously thought. Had this new data been available last year, it would have shown that nine billionaires owned the same wealth as the poorest half of the planet, and not 62, as Oxfam calculated at the time.
Winnie Byanyima, Executive Director of Oxfam International, said:
“It is obscene for so much wealth to be held in the hands of so few when 1 in 10 people survive on less than $2 a day. Inequality is trapping hundreds of millions in poverty; it is fracturing our societies and undermining democracy.
“Across the world, people are being left behind. Their wages are stagnating yet corporate bosses take home million dollar bonuses; their health and education services are cut while corporations and the super-rich dodge their taxes; their voices are ignored as governments sing to the tune of big business and a wealthy elite.”
Oxfam’s report shows how our broken economies are funnelling wealth to a rich elite at the expense of the poorest in society, the majority of whom are women. The richest are accumulating wealth at such an astonishing rate that the world could see its first trillionaire in just 25 years. To put this figure in perspective – you would need to spend $1 million every day for 2738 years to spend $1 trillion.
Public anger with inequality is already creating political shockwaves across the globe. Inequality has been cited as a significant factor in the election of Donald Trump in the US, the election of President Duterte in the Philippines, and Brexit in the UK.
Seven out of 10 people live in a country that has seen a rise in inequality in the last 30 years. Between 1988 and 2011 the incomes of the poorest 10 percent increased by just $65 per person, while the incomes of the richest 1 percent grew by $11,800 per person – 182 times as much.
Women, who are often employed in low pay sectors, face high levels of discrimination in the work place, and who take on a disproportionate amount of unpaid care work often find themselves at the bottom of the pile. On current trends it will take 170 years for women to be paid the same as men.
‘An Economy for the 99 percent’ also reveals how big business and the super-rich are fuelling the inequality crisis. It shows how, in order to maximize returns to their wealthy shareholders, big corporations are dodging taxes, driving down wages for their workers and the prices paid to producers, and investing less in their business.
Oxfam interviewed women working in a garment factory in Vietnam who work 12 hours a day, 6 days a week and still struggle to get by on the $1 an hour they earn producing clothes for some of the world’s biggest fashion brands. The CEOs of these companies are some of the highest paid people in the world. Corporate tax dodging costs poor countries at least $100 billion every year. This is enough money to provide an education for the 124 million children who aren’t in school and fund healthcare interventions that could prevent the deaths of at least six million children every year.
The report outlines how the super-rich use a network of tax havens to avoid paying their fair share of tax and an army of wealth managers to secure returns on their investments that would not be available to ordinary savers. Contrary to popular belief, many of the super-rich are not ‘self-made’. Oxfam analysis shows over half the world’s billionaires either inherited their wealth or accumulated it through industries which are prone to corruption and cronyism.
It also demonstrates how big business and the super-rich use their money and connections to ensure government policy works for them. For example, billionaires in Brazil have sought to influence elections and successfully lobbied for a reduction in tax bills while oil corporations in Nigeria have managed to secure generous tax breaks.
Byanyima said: “The millions of people who have been left behind by our broken economies need solutions, not scapegoats. That is why Oxfam is setting out a new common sense approach to managing our economies so that they work for the majority and not just the fortunate few.”
Entirely wrong that Oxfam lumps in Bill Gates in its condemnation of the super-rich. He is one of the greatest benefactors in human history.
— Stig Abell (@StigAbell) January 16, 2017
“Governments are not helpless in the face of technological change and market forces. If politicians stop obsessing with GDP, and focus on delivering for all their citizens and not just a wealthy few, a better future is possible for everyone.”
Oxfam’s blueprint for a more human economy includes:
Governments end the extreme concentration of wealth to end poverty. Governments should increase taxes on both wealth and high incomes to ensure a more level playing field, and to generate funds needed to invest in healthcare, education and job creation.
Governments cooperate rather than just compete. Governments should work together to ensure workers are paid a decent wage, and to put a stop to tax dodging and the race to the bottom on corporate tax.
Governments support companies that benefit their workers and society rather than just their shareholders. The multi-billion Euro company Mondragon, is owned by its 74,000 strong workforce. All employees receive a decent wage because its pay structure ensures that the highest paid member of staff earns no more than 9 times the amount of the lowest paid.
Governments ensure economies work for women. They must help to dismantle the barriers to women’s economic progress such as access to education and the unfair burden of unpaid care work.
Oxfam is also calling on business leaders to play their part in building a human economy. The World Economic Forum has responsive and responsible leadership as its key theme this year. They can make a start by committing to pay their fair share of tax and by ensuring their businesses pay a living wage. People around the global can also join the campaign at www.evenitup.org.
The world’s 8 richest people are, in order of net worth:
Bill Gates: America founder of Microsoft (net worth $75 billion)
Amancio Ortega: Spanish founder of Inditex which owns the Zara fashion chain (net worth $67 billion)
Warren Buffett: American CEO and largest shareholder in Berkshire Hathaway (net worth $60.8 billion)
Carlos Slim Helu: Mexican owner of Grupo Carso (net worth: $50 billion)
Jeff Bezos: American founder, chairman and chief executive of Amazon (net worth: $45.2 billion)
Mark Zuckerberg: American chairman, chief executive officer, and co-founder of Facebook (net worth $44.6 billion)
Larry Ellison: American co-founder and CEO of Oracle (net worth $43.6 billion)
Michael Bloomberg: American founder, owner and CEO of Bloomberg LP (net worth: $40 billion)
Oxfam’s calculations are based on global wealth distribution data provided by the Credit Suisse Global Wealth Data book 2016.
The wealth of the world’s richest people was calculated using Forbes’ billionaires list last published in March 2016.
JACKIE CAMERON
(via Oxfam: Tax-dodging helps these 8 rich men own half world's wealth - Fair or foul? - BizNews.com)
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Top 10 Richest Man in Yoruba land and Their Net Worth
Top 10 Richest Man in Yoruba land and Their Net Worth
Top 10 Richest Man in Yoruba land and Their Net Worth Do you want to know who the top ten richest Yoruba men in Nigeria are in 2022? You can be sure to find them down below. Let me quickly tell you about the Yoruba people in Nigeria in case you don’t know much about them. Nigeria is a multiethnic country, and the Yorubas are proud to be one of them. The Yorubas are the second most populous…
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THE OSWALD HANCILES COLUMN
*"There is No Plan B..."*
*"(Climate Change) ....is one of the most ...serious issues....which world
leaders **must attack**...without wasting any much further time...Time is of the essence...! You have seen so many cases of extreme weather patterns.. which has been striking all around the world... It happened right in the middle of New York...Climate Change is happening much more
faster.... than one would expect.... Climate Change is happening because of human behaviour....And If it is happening because of us, then it is us ...we, the human beings, who ... must correct it....We have only one
earth,...Some people...who do not support this.... may think we have Planet Earth B ....No.....We have only one planet earth...Therefore, there is no Plan B ...We have only ... Plan A.....We need political leadership ... That is why I am convening on September 23rd of this year...in the United Nations....World Leaders Climate Change Summit Meeting..." *
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*Ban Ki Moon, Secretary General of the United Nations, Freetown.*
When the Secretary General of the United Nations, Ban Ki Moon, stood next to the President of the Republic of Sierra Leone, H.E. Ernest Bai Koroma, during a joint press conference about a week ago at State House, Freetown, I absolutely comment here that the above-quoted response to the question by "veteran" journalist, Clarence Roy-Macaulay (Associated Press), on "Climate Change", was the most thought-inducing one . For feisty-politically-partisan-and-polarized Sierra Leoneans, the mention of
the two words "Plan B" would evoke derisive thoughts of the lurking threat in the words of "veteran" politician, Charles Margai, about two years ago - about a "Plan B" to outwit the governing APC government. What our 11 years civil war should have taught us in Sierra Leone is that there is really NO 'Plan B' for Sierra Leone - we either sail together, or, sink together. But, then, even if we follow the elixir-sounding prescription of Ban Ki Moon - "*Rule of Law**"**...**"**Quality
Education**"* - to manage our country as if Jesus Christ and Prophet Mohamed combined were national leaders, 'Climate Change' would wreck havoc to our most valiant efforts of good governance; and blight President
Koroma's vision of a "Middle Income Sierra Leone in 35 years".
*'**The ant**'**s world**'** is not ALL of planet earth*
For the human race not to collectively address the emerging realities of 'Climate Change' would be like this: *an ant is luxuriating on a slice of bread with butter and jam, nibbling away; the bread is inside the captain's cabin of a huge passenger ship in the middle of the Atlantic Ocean carrying over a thousand passengers; the ant **'**thinks**'**: "
I will protect this wealth with all the weapons at my command!"; but, unbeknown to the ant, others are setting fire to parts of the ship, others are boring deep holes on the sides the ship, causing the ship to dangerously bend; and, if they are not stopped, the ship would sink to the bottom of the ocean, and no matter how much the ant tries to defend its 'slice of bread world', it would die like the rest of the passengers on the ship*. The biggest and most powerful of all nations - the U.S., Russia, UK, Japan, China, Germany, etc. - are like that ant. As well as tiny nations like the Gambia, Benin, Seychelles, Sierra Leone, etc.
*Climate Change is the **'**Truly First World War**'*
All the biggest wars mankind has ever fought would pale in comparison to the ongoing 'Climate Change war'. The Second World War was
ferociously fought in Europe, North Africa and Asia. It ended with the dropping of the hydrogen bombs on Hiroshima and Nagasaki in Japan in 1945. It gave humanity a glimpse of man-created Armageddon. It was
not, in essence, a 'world war' - large swathes of the planet in South America, Africa, and North Atlantic were largely untouched by it.
*Climate Change is essentially **'**The First World War**'*. Wars have to have 'enemies' and 'friends'. The 'enemy'...? The 'enemy' in this '*Truly
First World War**'* is frightfully amorphous.
The Allied Powers in Europe during the so-called 'Second World War'knew who the enemy were - Adolf Hitler's rampaging Nazi war machine;
the megalomaniac Benito Mussolini of Italy, and 'emperor-god' of Japan who inspired kamikaze warriors not afraid to die for the Fatherland. Martin Luther King Jr. and Nelson Mandela had little trouble in pigeon-holing the enemy - white racism against blacks in the US and South Africa. In this 'Climate Change war' who are the 'enemy'?
If we have trouble identifying the enemy, we do know that the 'enemy' is winning most of the battles for now. Climate Change means that average temperatures have climbed 1.4 degrees Fahrenheit (0.8 degree Celsius)
around the world since 1880, much of this in recent decades, according to NASA's Goddard Institute for Space Studies. The rate of warming is increasing. The 20th century's last two decades were the hottest in 400 years. The United Nations' *Intergovernmental Panel on Climate Change (IPCC) *reports that 11 of the past 12 years are among the dozen warmest
since 1850. What would these scientific facts mean?
*The effects of Climate Change Third World War*
Sea level could rise between 7 and 23 inches (18 to 59 centimeters) by century's end, according to IPCC's February 2007 report. Rises of just 4 inches (10 centimeters) could flood many South Seas islands and swamp large parts of Southeast Asia. Glaciers around the world could melt, causing sea levels to rise while creating water shortages in regions dependent on runoff for fresh water. Let me kindle your imagination: Bonthe and parts of Shenge in Sierra Leone could go under water; the hug investments in tourism on the idyllic beachfronts in Freetown could be lost forever; Monrovia, and most of the billions of dollars of investment in Lagos city, would be devastated irreparably.
Strong hurricanes, droughts, heat waves, wildfires, and other natural disasters may become commonplace in many parts of the world as Climate Change gains momentum. The growth of deserts may also cause food shortages in many places. *The fragile economies and political systems of Africa, the dearth of scientific and technological know-how, would NOT be able to withstand the 'enemy's onslaught' - and food relief could not come
from China or US, as they could be faced with food emergencies themselves.* Who is this 'enemy' plotting to wreck havoc on humanity much more cold
bloodedly than Pol Pot, Idi Amin, Osama Bin Laden, Adolf Hitler....all combined?
*Aha!! **'**The Enemy**'** - for Africa, at least*
The March, 2013 edition of *African Business* magazine, titled '*WHO SHOULD PAY FOR CLIMATE DAMAGE**'*, helps to narrow down the 'enemy' - at least, as far as Africa is concerned: "*Do not be misled by the neutral sounding 'climate change' label. It has been proved beyond doubt that human activities, particularly from the heavily industrialized North and Asia, have messed up the earth's climate patterns to such an extent
that the future for many people is nothing sort of catastrophic (!!).
Damage from climate change .... affects every person on the continent and has direct bearing on your income, your health, your quality of life and in some cases, your very existence...." *
Bahijahtu Abubakarr, head of Nigeria's Renewable Energy Programme, referring to Africa's 3% -5% emission rate, is indignant: "*We did not create the problem.....Nor are we being provided with remotely close to
what is needed to tackle it - financial and otherwise..."* Climate Change should stimulate a paradigm shift in global international relations. But, no! The perception of the richest nations that Africa is beggarly...festers. Calculations by ecological economists at institutions like University of California, Berkeley in 2010, based on just six categories - greenhouse gas emissions; agriculture; exploitation of
fisheries; deforestation; ozone layer depletion; and conversion of mangrove swamps - *show that 'rich' nations owe poor nations over $2.3trillion. *The estimates were described as conservative by the authors because they
exclude categories such as freshwater depletion, loss of biodiversity, etc.Under the (Climate Change) Cancun agreement, developed countries
'agreed' to provide USD 30 billion for the finance period 2010 to 2012. Among the billions of climate funds pledged, only a small percentage is reaching Africa. Africa has received about 12 percent of funding for adaptation. Asia - 40%; Latin America - 25%. Again, Africa is the 'men pikin', or, poor cousin, being given the leftovers. Belligerent African thinkers are calling for *'Climate Change reparations...'*
*To listen to the 'slave masters'' intransigence? To do the 'slave
dance'?*
*Jos Delbeke, the European Union's (EC) Director-General for Climate Action*, deflected the issue. He told African Business, "*The concepts of 'ecological costs' and 'ecological debt' are highly controversial. The concept of 'North' versus 'South' no longer holds. (We) need a new legally binding global agreement covering all countries - by 2015 at the latest....* ". Same patronizing song that Africa's 'slave minded' leadership are expected to dance to. Ban Ki Moon said in Freetown during the aforementioned press conference last week that he has invited President Koroma to a big Climate Change conference
of world leaders in September 2014 - including civil society leaders, women and youth leaders. To do what? Another round of 'slave masters''songs
- another frenzied dance by the 'global slaves'? Slavery!!! For over
twenty four years, in Liberia, Nigeria, and here in Sierra Leone, I have developed projects and *ideas that link the Protracted Holocaust of the Atlantic Slave Trade to the thought behind today**'**s Climate
Change*. This is 'another story' really. For now, FORBES' thousand plus billionaires on the planet, the leaders and managers of trillions of dollars economies...must reflect, and take action on, Ban Ki Moon's
profundity: there is "no Plan B"; humans have caused 'Climate Change - and, humans can mitigate it ... - this mandates and end to 'us' versus ' them'; 'slave master over slaves' mentality, rich nations against poor nations....white against blacks....
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