In
a recent report compiled by an American-based management Organization,
the worth of some African former Presidents was revealed as stated
here-under
1. Sani Abacha........................ .......$20 Billion
2.Felix Houphout-Boigny............... ..$ 6 Billion
3. brahim Babangida..................... ..$ 5 Billion
4. Mobutu Sese Sekou.....................$ 4 Billion
The total net worth of the 43 past US Presidents was computed at $2.9
Billion Thus the net-worth value of each of these African Presidents far
exceed the total net worth of all the 43 past American Presidents put
together, whereas America is the largest economy in the world
From the foregoing, a lot of deductions can be made.One of them is that
regardless of the rich economy of US, its Presidency has little or
nothing to do with wealth, whereas in Africa, ruler-ship is access to
wealth because of the level of corruption in the continent, whereas such
Presidents as Buchaman, Abraham Lincoln, Hayes and Harry Truman had
almost nothing, this cannot be said of any African President, with the
possible exception of Julius Nyerere and Nelson Mandela. Also, while it
can be said that African rulers are corrupt,Nigeria is more than corrupt
as there is no word to express how bad things are
Our rulers
have always been bandits, brigands, and marauders who keep looting the
treasury, plundering, and pillaging the resources and the national
wealth. Each of them, without exception, takes, takes and takes our
wealth so as to have big foreign accounts and lots of money stashed in
Switzerland, Luxembourg, United Arab Emirate, Polynesia, United Kingdom,
Usa , Panama, Marshalls Island and even Ghana and South Africa.
It is hoped that Switzerland will not stop at returning the loot of
Abacha to Nigeria, but similar action should be taken with regard to the
ill-gotten wealth of these living rogues
4. Mobutu Sese Sekou.....................$ 4 Billion
The total net worth of the 43 past US Presidents was computed at $2.9 Billion Thus the net-worth value of each of these African Presidents far exceed the total net worth of all the 43 past American Presidents put together, whereas America is the largest economy in the world
From the foregoing, a lot of deductions can be made.One of them is that regardless of the rich economy of US, its Presidency has little or nothing to do with wealth, whereas in Africa, ruler-ship is access to wealth because of the level of corruption in the continent, whereas such Presidents as Buchaman, Abraham Lincoln, Hayes and Harry Truman had almost nothing, this cannot be said of any African President, with the possible exception of Julius Nyerere and Nelson Mandela. Also, while it can be said that African rulers are corrupt,Nigeria is more than corrupt as there is no word to express how bad things are
Our rulers have always been bandits, brigands, and marauders who keep looting the treasury, plundering, and pillaging the resources and the national wealth. Each of them, without exception, takes, takes and takes our wealth so as to have big foreign accounts and lots of money stashed in Switzerland, Luxembourg, United Arab Emirate, Polynesia, United Kingdom, Usa , Panama, Marshalls Island and even Ghana and South Africa.
It is hoped that Switzerland will not stop at returning the loot of Abacha to Nigeria, but similar action should be taken with regard to the ill-gotten wealth of these living rogues
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