Vunderkind
Social Member
About 12 Nigerians currently control one-eighth (1/8) of the country’s gross domestic product (GDP), a survey conducted by LEADERSHIP Weekend has revealed. In the same way, the 10 most capitalised companies listed on the Nigerian Stock Exchange (NSE) make up over one-fifth of the country’s economy with many of the major shareholders drawn from the ranks of the 10 richest Nigerians.
An analysis of the Forbes 50 Richest Africans’ List indicates that the 12 Nigerians listed therein currently have an estimated total net-worth of $33.68 billion (N5.38 trillion) which represents 12.8 per cent or about one-eighth of Nigeria’s GDP figure put at $262.6 billion (N42 trillion) as at December 2012.
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