5 Billionaires That Can Get Nigeria Out Of Recession

Nigerians lay too much emphasizes on how much we are affected by the economic climate of the country. It is time to seek the silver lining of the situation. The government and citizens should look inward, rather than taking loan from foreigners.

This country may be in serious recession but you should know that the richest man in the continent is from Nigeria.

Our list outlines the wealthy Nigerians whose investments can help replenish the country.

Aliko Dangote – Net Worth: $14.7 billion

The richest man in Africa, Aliko Dangote is by far a source of joy to Nigerians and all Africans. The 57-year old self-made billionaire is the CEO of the Dangote Group, a company that has over the years created millions of jobs. Dangote has always been  interested in the growth of Nigerian economy. Incase you don’t know, he is making plans to complete his oil refinery which will help stop Nigeria’s importation of crude oil.

Aliko Dangote, President and Chief Executive of Nigeria's Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town June 6, 2008. REUTERS/Mike Hutchings (SOUTH AFRICA)

Mike Adenuga – Networth: $4.1billion

Mike Adenuga is the africa’s 7th richest man. The Globacom CEO is man whose business has contributed a lot to the development of our  telecommunication industry. His exploration arm, Conoil Producing, operates six oil blocks in the Niger Delta. According to report, Adenuga’s wealth is equal to the allocation of South west for close to a year.

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Folorunsho Alakija: Net worth – $2.6 billion

She is the richest woman in Nigeria. Mrs Folorunsho  is a business tycoon involved in the fashion, oil and printing industries. She is the group managing director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited and Digital Reality Prints Limited and the executive vice-chairman of Famfa Oil Limited. If only Mrs Alakija could pay more attention into replenishing our economy, what a boost that will be!

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Theophilus Danjuma: Net worth – $1.1 Billion

Danjuma is a former Chief of Army Staff (from July 1975 to October 1979), politician, multi-millionaire businessman and philanthropist. He was also Minister of Defence under Olusegun Obasanjo. Danjuma is chairman. Danjuma’s wealth alone can sustain Osun State for a whole political era.

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Femi Odetola: Net worth – $1.06 Billion

Femi Otedola is a Nigerian Billionaire who has invested in oil and banking industry. Otedola’s Forte Oil was of great help during the fuel scarcity this year, the billionaire made sure fuel stabled at the official Pump Price.
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Daniel Enisan is a content writer at edliner.com. With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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