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The List of 5 Nigerian Billionaires With Enough Money to End Poverty in the Country

Nigeria has a large number of wealthy citizens who are successful businesspeople. Perhaps this is why so many people regard business as a surefire road to riches.

Some Nigerian billionaires have appeared on the Forbes list at one point or another. In this research, we'll look at five Nigerian billionaires who have amassed enormous fortunes. Many of the country's businesses are owned by billionaires.

According to an Oxfam estimate from 2016, some of their combined riches could help to alleviate poverty in the country.

1. Aliko Dangote

According to Forbes, the cement magnate is the wealthiest African man. According to Forbes, he is worth $11.5 billion (N4,714,310 million) in real time at the time this piece was produced. With his refinery under development, Dangote is also looking at the downstream industry.

Femi Otedola

Forte Oil, in which Femi is a major shareholder, operates hundreds of filling stations around the country. Forbes estimated his net worth to be $1.8 billion in 2016. (N737,892,000,000). It should be noted that his net worth could have changed since then.

Folorunsho Alakija

According to Forbes, she had a net worth of $1 billion (N409,940,000,000) in 2020 as the vice-chair of Famfa Oil. Her value, however, decreased in 2021 as the price of oil fell. The Nigerian government granted her an oil prospecting license in 1993. Since 2008, her Agbami field has been in operation.

Mike Adenuga

In actual time, the telecommunications behemoth is valued $6.3 billion (N2,582,622,000,000). He is the owner of Globacom, a corporation with more than 50 million users. He used to work as a cab driver to help support himself while pursuing his MBA at Pace University in New York.

Tony Elumelu

Forbes estimates his net worth to be $700 million as of 2017. (N286,958,000,000). He might be considered a billionaire in Nigerian money terms. Telecommunications is one of his business interests. He is one of UBA's top executives.

Content created and supplied by: MOSES_GITU (via Opera News )

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