Dangote, Rabiu, Adenuga have more wealth than 83 million Nigerians, says Oxfam

• The world’s richest people seem to be getting richer, widening the gap between rich and poor.
• The ‘Davos Inequality Report 2023’ shows how the rich increasingly live in a different world from the poor
• It has been revealed that three Nigerians have more wealth than more than 80 million Nigerians combined

According to Oxfam in Nigeria, three of the richest Nigerians are richer than 83 million other Nigerians combined.

This is contained in a report titled ‘Davos Inequality Report 2023’, which was released during a press conference on Monday, January 16, 2023 in Abuja, according to Dailytrust.

According to Forbes, as of Tuesday, January 17, 2023, Aliko Dangote, Abdulsamad Rabiu and Mike Adenuga are the three richest men in Nigeria.

The aforementioned three have a combined wealth of $26.8 billion.

Net worth of the richest men in Nigeria

• Aliko Dangote- $13.5 billion
• Abdulsamad Rabiu- $7.6 billion
• Mike Adenuga- $5.7 billion

What Oxfam says about inequality in Nigeria

According to the report, the richest 0.003 percent of Nigerians (6,355 people worth $5 million or more) have 1.4 times more wealth than 107 million other Nigerians.

Oxfam Country Director for Nigeria, Dr. Vincent Ahonsi, said:

“The wealth of Nigerian billionaires has grown by a third since the start of the COVID-19 pandemic. The richest men in Nigeria have more wealth than 83 million Nigerians.

“The richest three one percent grabbed nearly two-thirds of all $42 trillion worth of new wealth created since 2020, nearly twice as much money as the bottom 99 percent of the world’s population.”

tax the rich

Oxfam is also calling on governments around the world, including Nigeria, to tax the rich.

Oxfam posited that there must be higher taxes for the world’s super-rich to bridge the inequality gap in many sectors. The organization revealed that in the last decade, the wealthy have seized an extraordinarily half of all new wealth, at the expense of other citizens.

Part of the report noted:

“A wealth tax of two percent for millionaires, three percent for those with a net worth of more than $50 million, and five percent for Nigerian billionaires would raise $3.2 billion a year.

“This would be enough to double health spending.”

25 richest women in 2023, 10 are richer than Dangote

Meanwhile, in another report, legit.ng revealed the list of the richest women in the world for 2022.

Most of the 25 names have been at the top of the women’s rich list chart for years.

However, there is a major change in the list, as the former richest woman in the world falls to eighth place.

Source: Legit.ng