1 Trillion naira

Definition: 1,000,000,000,000 or 10 * 100, 000, 000, 000 i.e 10 One hundred billions.

So I had a gathering of my friends over this weekend to chill and watch the Nigerian game ( and yes we lost, so we are officially out, no surprises there....hisss), and as usual when there is a gathering of Nigerians, inevitably some argument breaks out. I actively encourage it to be honest because I love arguing, this is the only chance I get to put my law degree to good use!

I don't know how the topic stirred to money and rich Nigerians, but it usually gets there and we started arguing abut how many Nigerians have 1trillion naira (about 14 billion dollars!). It was such entertaining banter, and I lost my voice in the process!

My position is that there are less than 10 Nigerians that have this much, but some people believe that there could be as many as 50. Defining the terms of "have" was also tricky. Obviously it does not mean they have this much money sitting in a bank account, but the question is

1) are they worth or could they have been worth at some time 1 trillion in all forms of assets, including the wealth of their whole family etc

OR

2) Over the course of their life they have had, spent or acquired up to 1 trillion

The second one will obviously include more people than the first, and this is the group that people believe up to 50 Nigerians could fall into

What do you guys think? How many people do you think have had up to 1 trillion naira?

Heres my list

1) Obasanjo

2)Babangida

3)Mohammed Abacha

4)Abdusalam Abubakar

5)James Ibori

These seem to be generally agreed on

The ones that cause the arguments are

6) Dangote

7) Rasaq Okoya or Harry Akande

8) Mike Adenuga

9) Femi Otedola

10) Atiku

Now because these people are business men, I guess it is possible that if you calculate how much money they have had over the course of their lives, it could add up to a trillion......but I highly doubt it......

Miss B

xoxo