Richest Men In Nigeria 2023: Being rich or wealthy means being able to meet basic human needs and indulge in some extravagance without fear of going bankrupt. It refers to the acquisition of money and valuable assets such as land and occasionally precious stones. Nigeria is an independent country in Africa, specifically in the West African sub-region. Nigeria has a democratic political system and a mixed economy, glamsquad reports
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This implies liberalism. A mixed economy is one in which private individuals are allowed to own and control the means of production and distribution in the country. They are only required to pay their annual tax to the government through the appropriate tax commission.
This explains why riches or being rich do not simply imply having a certain amount of money stashed away in a bank or somewhere else.
It entails or should entail ownership of valuable assets and, in some cases, means of production. Nigeria, like every other independent state in the world, has a viable economy that allows its citizens to thrive successfully.
With the availability of both human and natural resources in Nigeria, the private sector has produced successful captains of industries, heads of multinational corporations and agencies, and big businessmen and women. In this video, we will look at some of Nigeria’s richest men and their empires.
Watch video below