The Nigerian military had been involved in the Congo Crisis, the Nigerian Civil War, 1983 Chadian military affair, First Liberian Civil War, Second Liberian Civil War, Sierra Leone Civil War, Conflict in the Niger Delta, Northern Mali conflict, and the war against Boko Haram Insurgency which started 2009 till date. He is estimated to be worth around N6.5 billion in 2020, making him the 6th richest Nigerian footballer at the moment. He is a one time governor of Delta State and a well known politician in Nigeria currently. The project commenced with the goal of building refineries for crude oil, fertilizers and petrochemical materials. 10 richest men in Nigeria, their houses & cars (Updated 2020) #10. Master warrant officer = N165,697 monthly. 11. Consolidated Oil was the first indigenous company to strike oil in commercial quantities. Cletus is the head of the Ibeto Group. His father, Khalifah Isyaku Rabiu was a prominent industrialist in the 70s and 80s. On a general note, the Nigerian Air force is the highest paid military force in Nigeria. Folorunso Alakija made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world. Blacks shall become Presidents in White Nations, especially in Europe. With the above information of the highest paid military force in the country, Nigerians looking for a military job still prefer joining the Navy or air force than the army. Theophilus Danjuma is a retired general, billionaire and philanthropist. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. He is the founder and Chairman of Atlas Oranto Petroleum a reputable company with assets in Nigeria, Liberia, Guinea and the Gambia. The MFM headquarters also holds the record as one of the largest church auditoriums in Nigeria right now. He retired from the army in 1979 after which he focused on his business interests. Read Also: These are the richest women in the world Oba Babatunde Aremu is the traditional ruler of Lagos 8) Oba Of Lagos (Oba Babatunde Aramukiolu) Aliko Dangote Net Worth . 7. Igho is the chairman of several companies and he is the Executive Director of Cosmos oil AG and the founder/chairman of Taleveras, an energy trading company. Recently, i compiled a list of the world’s richest billionaire school drop outs and today, I will be compiling a list of Nigerian billionaires and top richest people in Nigeria but please this list will be restricted to entrepreneurs only. Here are some of the unbelievable revelations in the book: 3. This is because their political power comes with monetary benefits whether they are governors, senators or presidents. You have entered an incorrect email address! On the African continent, Nigeria has one of the strongest military and has helped in curtailing excesses and crime of those distrusting peace in Nigeria and some parts of Africa. The 44 year old richest actor in Nigeria is a fashion enthusiast who launched his clothing line called Burgeon Global enterprise in Abuja, Nigeria’s capital city. The pay of officers, disregarding other considerations, differ according to rank. Folorunso Alakija is a Nigerian businesswoman that was born in Lagos and still reside there. Arthur studied chemical and mechanical Engineering at the California State University. According to Forbes Magazine, Obateru Akinrutan is the richest king in Nigeria with an estimated networth of … In 2005, he was also involved in the acquisition of the United Bank for Africa. Globacom is the second largest telecoms operator and the company has offices in African countries like Ghana, CoteD’Ivoire and Benin. With a headquarters in Yaba, Lagos, that can accommodate over 500,000 persons, the church is definitely a force to be reckoned with in the pentecostal circle in Nigeria. The slogan of Rivers state is the Treasure Base of the Nation and this name is quite apt as the state is known for its crude oil deposits and this has led to the Top 20 Richest Men in Nigeria (2020, Forbes) 1. Today, the Nigerian Air Force had grown to be one of the largest on the African continent with over 10,000 personnel and with over 30 aircrafts consisting of fighters, trainers, armed helicopters and other military transport aircrafts. He famously received seed money from his uncle Alhaji Dantata who was a dealer of rice, and commodities such as kola nuts in the city of Kano. Oba Otudeko has an estimated worth of $650 million. 12. The list of richest kings in Nigeria can’t be complete without the Sultan of Sokoto – the ... Lamido Sanusi Lamido – Emir of Kano Net Worth $80 Million. The bank has been growing in assets. Her brainchild in philanthropy is the Rose of Sharon foundation which is a non governmental organization that helps widows and orphans by empowering them through scholarship and business grants. 5) Deeper Christian Life Ministry. 5. He received his Bachelor’s degree at the Northwestern Oklahoma State University after which he went on to obtain a Master’s degree at the Pace University in New York. Abdusalam attended the Capital University in Columbus, Ohio in the 80s before returning to the country to oversee the family business. Children will fly Aircrafts in this age because of technology from Africa. Prior to establishing Seplat, Orjiako founded and ran several companies in the upstream, downstream and service sector of the oil and gas industry. Her oil company, Famfa Oil Limited was founded in 1993 is said to generate Folorunso Alakija at least $10 million daily in profit. Aliko Dangote is currently worth over $12.5 billion. Jim Ovia is also the chairman of the Nigerian Software Development Initiative (NSDI), Cyberspace Network Limited and the National Information Technology Advisory Council (NITAC). Getting a job in this outfit is very competitive especially if you want to enroll as a senior officer through the direct short service (DSSC). Your respect as a military man or woman is retained especially when you are on camouflage. So it is not a surprise that such a nation as wealthy as Nigeria will have some states generating huge amounts of money annually. Which is after completing his secondary school at the air force school. It would be recalled that Dickens was the second National Vice President of Urhobo Progress Union. Top 10 Richest Women In Africa 2020. Born on the 29th of April, 1953, Mike Adenuga is the second richest Nigeria thanks to his investments in the telecommunications giant Globacom and Conoil. don’t mind him, you get good insight bro! Air Vice Marshal. According to Forbes, Oba Akinrutan net worth is estimated at US$300 million, which ranks him the second richest king in Africa after king Mohammed and the wealthiest in Nigeria. Theophilus Danjuma. Contents […] With an estimated worth of $1.4 billion, Tony Elumelu is one of the richest men in Nigeria. Each of the units have its own leader. The Ogun occupies the 9 th rank in the wealthiest place in Nigeria. In fact, many law makers believed it is of no use and if need arises, we can rely on the United Kingdom for air defence. A commander in the air force yearly salary is about ₦3,380,086. 1. From releasing hit singles to headlining concerts that have thousands of participants from all over Africa, the Music industry is constantly evolving. The Army is headed by the Chief of Army Staff, the Navy by the Chief of Naval Staff and the Air Force by the Chief of Air Staff. Her son recently got married in a ceremony that was reportedly lavish. Igho Sanomi (full name: Igho Charles Sanomi) breaks into the list of the richest men in Nigeria this year, being the first new face among the total of 6 persons who make the list after missing the previous-year list. Orji Uzor is the chairman of SLOK Holding and the former governor of Abia State. Tony Elumelu is an alumnus of the Harvard Business School. Arthur Eze is one of the wealthiest men in Africa. Another one, Elizabeth Temi is a style blogger and an aspiring designer. He is the chairman of the Yinka Folawiyo Group, a large conglomerate with interest in energy, agriculture, shipping and real estate. Oba Otudeko worked as banker for over 2 decades rising to the position of Chief Executive Officer of the Cooperative Bank in Ibadan. Aliko Dangote.Duke’s friend. He was involved in the Nigerian coup in July 1966. He established the BUA Group in 1988. He was also the founder of Visafone Communications Limited which has since been acquired by MTN. He would later venture in to the oil and gas industry. In no particular order, we list the top 10 richest politicians in Nigeria and their net worth for 2020. Aside from his extracurricular business as a fraudster, his company, B-Lord Group of Company is worth more than ₦30 million. Also, he was the Chief of Staff to the General Olusegun Obasanjo when he was the Head of State. (South East Nigeria and South West Nigeria will be competing with each other in this). Also known as the Nigerian Armed Forces, the Nigerian military consists of the Armed forces of the Federal Republic of Nigeria. Igho has been involved in telecommunications, shipping, aviation, engineering, construction and real estate investments. He is also leading the way by a building a major refinery in the country that will eliminate the country’s dependence on oil importation. Top 10 Richest Fuji Musicians In Nigeria (2020 Ranking) Known for always giving out great tunes to their ever music hungry listeners who are mostly Yoruba’s from the South Western parts of Nigeria, Fuji musicians have been able to transform their music from not just music but potential income generators. Let take a look at the Nigerian Air Force salary structure and how much each personnel earn based on his/her rank. His products are locally manufactured. Abeokuta is the biggest city and also the capital in this region. Trained as a lawyer, Hakeem Belo-Osagie is also a graduate of the prestigious Harvard Business School. Orjiako is also a Harvard trained businessman. Benedict began his career with Ocean and Oil now known as Oando Plc before moving to MRS Oil Nigeria Plc to become the Group Executive Director. His other investments include the Daily Sun and the New Telegraph newspapers. It is the commissioned officers that tell the non-commissioned officers what to do and not to do. Nigeria’s richest man earns 8,000 times more in one day than a poor Nigerian will spend on basic needs in a year. 2. They usually obtain their position of authority by promotion through the enlisted ranks. Although Dangote was born into a wealthy family, he hasn’t rested on his soars due to his family’s riches. Aliko Dangote is not just the richest man in Nigeria, he is also currently the wealthiest man on the African continent. He also serves as a member of the Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL). His business interests include construction, banking, importation, sales and service of motor vehicle and oil. The military in Nigeria is made up of the army, air force and the Navy. She also has investments in real estate which is said to be worth over $100 million. Her business interests are in fashion, oil and printing. Most of all these senators you see out […] 8. These include London, Dubai and New York City. He has an estimated net worth of $1 billion. Femi Otedola is the son of the former Lagos State Governor, Michael Otedola. That aside, Rochas is a force to reckon with, he is one of the richest politicians in Nigeria from years back he has been on that spot and politically doing well. African Nations will be winning the World Cup in Football to a point where Nigeria and Cameroon become contemporaries in this. Group Captain. Top 20 Richest Men in Nigeria (2020, Forbes), Who Is the Richest Pastor in the World? Igho Sanomi / Net worth of $1 billion ~ ₦390 billion. Mike Adenuga had his primary and secondary education in Nigeria before proceeding to the United States to study Business Administration. (See the Top 10), 5 Richest Oil Producing States in Nigeria, Private Jets in Nigeria & Their Owners 2020, Richest Musicians in the World: 2020 Top 10, Richest Doctor in Nigeria in 2020 & Net Worth (Forbes), Top 10 Richest Musicians in Nigeria 2020 & Net Worth (Forbes), 10 Richest Actors in Nigeria & Their Net Worth, Top 10 Richest Pastors in Nigeria & Their Net Worth, 10 Richest DJs in Nigeria & Their Net Worths, 10 Richest Gospel Musicians in Nigeria & Their Net Worth, 10 Richest Kids in Nigeria & Their Net Worth (2020), 10 Richest Kings in Nigeria & Their Net Worths (2020), 10 Richest Female Artistes in Nigeria & Net Worth. Save my name, email, and website in this browser for the next time I comment. The monarch watch is said to cost $1 million and he also holds the record as first black person to … His mobile phone network, Globacom, is the second largest operator in Nigeria, with 37 million subscribers. Orji Uzor Kalu was a student activist during his time at the University of Maiduguri and was involved in the Ali Must Go riots. 4. The Nigerian Army (NA) is the largest component of the Nigerian Armed Forces, and responsible for land warfare operations. Currently, Dangote owns refineries and manufacturing plants in Nigeria and several parts of Africa. With the seed money, Dangote started trading in rice. Dino who was born on January 1, 1974, studied geography at Ahmadu Bello University. This group is one of the largest conglomerates in Nigeria with interests in Agriculture, Food processing, Maritime, Real Estate and the Transport industry. Orjiako’s business interest is primarily in oil and gas. The Cure for AIDS will be discovered in Africa by Africans.Â, Read the Complete Part 1 in His Site: www.josephintro.com. The Olu of Warri is one of the richest kings in Nigeria and his net worth is estimated at $30 million which is approximately N10.8 billion. Following the success of his palm oil business, Orji Uzor Kalu moved to another line of business which was selling furniture on a large scale. Mike Adenuga claims he got his business acumen from his mother who was also a successful businesswoman. He also serves a Co-Chair of the Aspen Institute Dialogue Series on Global Food Security. He’s currently the chairman of the bank. Getting a job in this outfit is very competitive especially if you want to enroll … He received the second licence in 2003 and ever since then his telecoms company which is fully indigenous has grown rapidly. According to an online medium, although the monthly take home pay of the Air force is higher than that of army or navy, their is more stability in the Navy than the rest in terms of career. In 1990, his company which was then known as Consolidated Oil received a drilling licence and in 1991 they struck oil. He … The 3 units of the Nigerian Military is headed by the Chief of Defence Staff. Sultan Muhammadu Sa’ad Abubakar IV is one of the richest kings in Nigeria and is also a first class traditional ruler who is highly respected and powerful in the northern part of the country. The history of Rivers State dates back to 1967 when it was created out of the old Eastern region. The writer is called Joseph Esenowo. Apart from being paid well, there are other allowances accrued as an officer. He also freed Jaja Wachuku from detention by the Ojukwu government towards the end of the civil war. The Olu of Warri has a net worth of $30 Million The military is divided into three (3) units – the Nigerian Army, Navy and Air Force. We shall take a look at the NAF ranks before we delve into the Nigerian Air force salary structure. The group is one of the largest conglomerates in Africa with interests in automobile parts, cement production, energy, petrochemical and the real estate industry. Daniels is currently a student of Igbinedion University. Eventually, he established the SLOK Holding which is conglomerate comprising Ojialex Furniture Company, SLOK Nigeria Limited, SLOK United Kingdom Limited, Adamawa Publishers Limited, SLOK Vegetable Oil, Aba, SLOK Paper Factory, Aba, SLOK United States Incorporated, SLOK Ghana, Togo, Cotonou, Guinea, South Africa, Liberia, Botswana, SLOK Korea, Supreme Oil Limited, SLOK Airlines, Sun Publishing Limited, and First International Bank Limited. He has been involved in many political activities in the course of Nigeria’s history. He started with only $35 which he had received as a loan from his mother. Over the years, he has attended executive management programmes in Switzerland and U.S.A, one of which is at the Harvard Business School. Femi Otedola has real estate properties in different parts of the world. Mike Adenuga, Nigeria’s second richest man, and Africa’s second richest man built his fortune in telecom and oil production. The B-Lord Group of Companies is also the parent brand of the B-Lord Bitcoin Store, B-Lord Gadget store, B-Lord Luxury store, and B-Lord Automobiles. Apart from her wealth, Folorunso Alakija is known for her philanthropic activities. Through his father’s university, Michael Otedola University, he set up a scholarship scheme which has helped over 1000 students since its inception. Founder – Pastor W.F Kumuyi The Olu who has his domain in the Niger-delta region of Nigeria is known there to control gas and crude resources. He took over the company from his father, Wahab Folawiyo when he passed away in 2008. Belo-Osagie has been involved in oil, finance and telecommunications industry. 6.) According to the latest release by Forbes, Femi Otedola has net worth of $2.3 billion which puts him at the third position in terms of wealth in Nigeria. The Nigerian Navy on the other hand is the branch of the Nigerian Armed Forces saddle with the responsibility of Naval defense while the military Air Force is the air arm of the Nigerian Armed Forces. The reports this year shows that the bank grew by 4%. He is the co-founder and chairman of Seplat Petroleum. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. He trained as a surgeon but after a while, he left the healthcare sector to pursue his business interests. The politicians in Nigeria that are wealthy today have been listed among the influential men in the country. Aliko Dangote is the richest man in Nigeria and the richest African in the world. He is the chairman of the Mondola Group. Tony Elumelu has investments in financial services, energy, real estate, hospitality, agribusiness and the healthcare sectors through his investment company, Heir Holdings. The Dangote Group is a major force in the sugar and cement market in Nigeria and Africa. Beyond Con Oil, Mike Adenuga further proved his mettle as an astute businessman when his company, Globacom was issued a conditional GSM licence in 1999. He sits over the Sokoto Caliphate, making him the spiritual head of the Muslims in the country. He is said to have an estimated net worth of $1.5 billion according to Forbes. He was the chairman of the United Bank of Africa between 1998 and 2004. Thus, we may link a part of his source to oil money, which is fair. The sports appellation is Gateway to Nigeria. 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He is reportedly worth over $400 million. Well, today I will be making a ranking of the top richest lawyers in Nigeria this 2020.To make this work more credible, I will not only make the list of the top richest lawyers in Nigeria; full details (including state of origin, age, school attended and net worth) of all the lawyers mention in this article will be made known to you. Born in Agbor, Delta State, Igho Sanomi is the father of Dickens Sanomi. Rivers is one of the richest states in Nigeria with a GDP of $21,073 billion. The Commissioned officers on the other hand hold higher degrees than the Non-commissioned officers, have more legal responsibilities, earn more ad often have non-military training such as a university degree. Richest People in Nigeria and their Net Worth (2020) 1. Oba Otudeko has investments spread across different sectors which include oil and gas, trading, financial services, real estate and marine transportation. 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