NewStats: 3,262,373 , 8,176,960 topics. Date: Monday, 02 June 2025 at 04:21 AM 6o2327

Oxfam in Nigeria has said three of the richest Nigerian citizens are wealthier than 83 million others put together.

This is contained in a report titled ‘Davos 2023 Inequality Report’ unveiled at a media briefing on Monday in Abuja.

Ahead of the global conference of world leaders scheduled for next week in Davos Switzerland, Country Director, Oxfam in Nigeria, Dr. Vincent Ahonsi, presented the report.

Represented by the Deputy Programmes Director and Budget Business Development Manager of the organisation, Regina Afiemo, Ahonsi presented the report alongside Executive Director, Connected Development (CODE), Mallam Hamza Lawal; Coordinator, Climate Justice Project, Oxfam in Nigeria, Kenneth Akpan, and Project Coordinator, Fiscal ability for Inequality Reduction, Henry Ushie.

They posited that there must be higher taxation of world’s super-rich persons to breach the inequality gap in many sectors, and that for the past decades they extraordinarily grabbed half of all new wealth, at the expenses of other citizens.

According to the report, while billionaire fortunes are increasing by $2.7bn daily, at least 1.7bn workers now live in countries where inflation is outpacing wages.

The report also said that a tax of up to five percent on the world’s multi-millionaires and billionaires could raise $1.7trn a year, enough to lift two billion people out of poverty.

According to the report, in Nigeria, the richest 0.003 percent Nigerians (6,355 individuals worth $5m and above) have 1.4 times more wealth than 107 million other Nigerians.

“A wealth tax of two percent on the millionaires, three percent on those with wealth above $50m and five percent on the Nigerian billionaires would raise $3.2bn annually. This would be enough to double health spending.

“Oxfam is calling for more tax on billionaires and not workers and is a message sent to world leaders ahead of the World Economic Forum, WEF, organised Davos 2023 where ‘Survival of the Richest’ is published on the opening day of the conference, while world elites are gathering in the Swiss ski resort as extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years,” the report said.

Ahonsi on his part said, “The wealth of Nigeria billionaires has grown by a third since the start of COVID-19 pandemic. The richest men in Nigeria have more wealth than 83 million Nigerians. The three richest one per cent grabbed nearly two-thirds of all new wealth worth $42trn created since 2020, almost twice as much money as the bottom 99 percent of the world’s population.”

https://dailytrust.com/three-persons-in-nigeria-wealthier-than-83m-nigerians-oxfam/

I'm just speechless

Who do us this thing?

Facehumble:
Who do us this thing?

Religion and tribalism: that is when you hear people saying Obi can change Nigeria but will not vote for him,Imagine.

Tinubu should start explaining to Nigerians how he became so richer than Osun state

Lagos tax payers money in his pocket

Peter Obi must jail this criminal

There are over 100 million Nigerians that don't have 1k dolls in their

Modified: infact over 150 million Nigerians, since 130million are poor

Come for debate, Tinubu say no
Declare your asset, Tinubu say no
Your medical records, Tinubu say never

This is an open secret na !

Namely
1 Tinubu
2 balablue
3 EMI lokan
I just named the three people for you guys

The poverty is excruciating.

There was a country!!

The name of those 3 people are
1. Mandate2023
2. Officialgarri
3. TheChameleon

Ever since the became agbado munching pigs,
They buy fuel at 60N per L.
Whenever they go to ijebu ode market they don't pay for goods.
Their stipend was just increased to 3 billion dollars, because of the undo able job they are doing.

K

Dangote, adenuga and Rabiu lol

Poverty is not a disease

It's something worse.

These are the sets of people that Vulture griller s ..

Na only God go save this country

We just dey shout Peter Obi upandan.. even if he win, he can't change things much in this country.

wonderful! and the minute any of these three want more power and wealth, some people from these 83 million will curse out others, fight, bleed and die so that these 3 guys can get more.

And some one will tell me that this is not mass mental illness

Same structure of criminality Peter Obi talked about and these are the same status quo that will do anything to install a proxy government.

Perfectnumber6:
These are the sets of people that Vulture griller s ..

er of criminals and looters like u, still get mouth.
You no get liver to mention dem moniker again.
Aunty don show una shege for dis forum.
Afraid don dey catch u now, .
Na dem aunty fit una ipobs for dis forum
Gbas gbos all angles

Tinubu, dangote, atifku

Ikegwuru...hunger dey beat people black and blue for this country

If this 23 we don't take back our country
Then we doom forever

PrinceOfLagos:
Tinubu should start explaining to Nigerians how he became so richer than Osun state

Lagos tax payers money in his pocket

Peter Obi must jail this criminal

Ask Obi how much state fund he hide....
for off shore s...
In his daughters name....
At least ..dey try balance the equation with sense...

Okay.

Felabrity:
There are over 100 million Nigerians that don't have 1k dolls in their

The NDIC (Nigeria Deposit Insurance Corporation) did say 99.5% bank holders in Nigeria have less than N500k in their s.

Most of them got Their wealth legally (excluding our politicians) so I don't see the crime here and what you meant by "at the expense of other people"
3 of the richest men in the world are richer than everybody in Nigeria combined too.

Tinubu and APC