Opinion
20 Million Nigerian Millionaires In 2030
The fact that a presidential aspirant used the making of 20 million Nigerians millionaires between 2023 and 2030, as a campaign bait, is an indication of how far Nigeria has sunk, value-wise. That presidential campaign stunt was attributed to a state governor, Yahaya Bello, which also implies that such a person whose driving value is to make 20 million Nigerians millionaires, must himself be a multi-million money-bag. Nigeria is a nation where individuals can flaunt their wealth and throw their weight about, without anyone asking what lies behind such show of bravado. Wealth is might, power and can take impunity along as an accoutrement.
Considering the current state of Nigeria where insecurity is a biting challenge, anyone would have thought that anyone aspiring to become the next president would place such a challenge in the front burner as campaign promise. But what we have is a promise to make 20 Nigerians millionaires within a space of seven years. Surely, there are millions of Nigerians who would be caught by that campaign bait, and their votes swayed by such aspiration. The next step would be to approach Yahaya Bello personally for mentorship on ways and means to become millionaires in seven years’ time. We already have a cult of money-bags.
To say that misplacement of priorities and values is one of the predicaments of Nigeria as a nation, would not be a wrong assumption. But the issue about choices of priorities and values is an issue having to do with the inner quality and development of individuals. Wealth has been known to lure many people away from serious goals and callings in life, whereby, even with great wealth at their disposal, many and their lives in misery, regrets, frustrations and quilt-feelings.
20 million millionaires in seven years in a country where millions of people can be killed, maimed, kidnapped, traumatised, rendered homeless, helpless, jobless, etc, in a space of seven years by bandits, terrorists and unknown gunmen, is surely a country where eternal values must feature as political priorities and aspirations. What if the 20 million millionaires make their quick wealth in wrong and unethical means? Can we vouch that no such “mandarin millionaires” exist in Nigeria currently? Are sharp, sordid and unethical practices not involved in the pursuit of wealth?
Mahatma Gandhi of India listed seven Blunders of humanity as: “Wealth without work; pleasure without conscience; knowledge without character; commerce without morality; science without humanity; worship without sacrifices; politics without principles, and rights without responsibility”. For an aspiring president of Nigeria to place the acquisition of wealth as a campaign promise, without defining the ways and means of such priority proposal, shows the tendency of using short cuts to achieve results that rarely last long. Especially when the person making such campaign promise is a sitting state governor, then comes the question of why he has not deployed such magic formula to improve his state.
Frankly, Nigerians are wary of politicians who claim that they can be more effective and diligent when they become presidents, while they are unable to apply similar diligence and effectiveness in current and previous positions held. Let us admit that money, power, cunning and the ability to bamboozle the masses do not make for patriotic, diligent and effective leadership. The challenges and needs which confront Nigeria currently are too complex that making millions of Nigerians millionaires would not resolve or address the challenges and needs. More money can mean more acts of madness, than sober reflections!.
Those endowed with hypodermic vision are aware that current perplexities and experiences in the country are not without causes and purposes. Current challenges are meant to bring about a forced and rapid change or transformation, whereby every individual must examine himself and make appropriate adaptations. Such adaptation does not call for 20 million Nigerians becoming millionaires by 2030. Rather, what is needful includes sober reflection on the part of every individual Nigerian, because what we are passing through currently are the results of human failures and negligences. From avarice and greed, to insincerity and deceit, every Nigerian has some blame.
Those who know about specific law governing wealth would tell us that it goes with intensity of mindset, fixation of attention, willingness to give an equivalent value in return, coupled with taking the collective well-being of the larger society into consideration. We have story of legendary King Midas whose miraculous power turned everything that he touched into gold. What is unacceptable about the millionaire mindset is usually the inability to take the collective well-being of the larger society into consideration. Getting what you want through obsessive propensity, does not always guarantee happiness and peace of mind thereafter.
Ian Fleming, author of James Bond popular detective story books, propounded a theory which he called The Quantum of Solace. Briefly, the theory of The Quantum of Solace states that the quest for peace of mind is a vital priority among humans, but the means towards such ideal state differ widely among individuals. One man’s meat can be another man’s poison. Therefore, the bait of becoming a millionaire in seven years’ time may be attractive to some Nigerians, but surely some other Nigerians would consider such “success” as grossly myopic and materialistic.
Surely, wealth and the desire to become a millionaire cannot be described as evil, but what can become quite unhealthy is a mindset or a propensity which chokes the mind of higher values and strivings which enrich the goals of an ideal life. There have been millionaires who died dusty death, including by suicide. The fact that we live in a world where materialism holds sway, can expose those who are poverty-stricken to various dangers, including humiliations. Therefore, wealth constitutes a countervailing force to deal, measure for measure, with unscrupulous people. Thus money can be a weapon for self preservation.
In the past few years there have been several online trading groups seeking to sponsor and make millions of people millionaire, through selling other people’s products. Thus gambling and betting practices have continued to take various guises, whereby there are promises to make patrons of the “system” millionaires with little work, except to link as many people as possible into the “system”. There was a time when Britain was described as a nation to traders and shop-keeper, marketing the products of other manufacturing countries.
Current digital global economy has been structured in such a way that the flow of wealth is not determined by hard work or productivity, but by on-line technology. We are being told that the time is near when cars would be driven by robots, dignoses of ailments done by machines and babies produced in test-tubes, etc. Right now there are sex toys which can make a man do without a nagging wife and a woman do away with men who can get tired soon. Manufacturers of such “electronic wonders” shop in Africa for marketers who can become millionaires from the comfort of their homes, by selling their products on-line.
By: Bright Amirize
Dr Amirize is a retired lecturer from the Rivers State University, Port Harcourt.
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Opinion
FG’s Transport Support And Rivers Workers
The Federal Government’s approval of a N70,000 monthly transport intervention for public service workers for six months, beginning in November 2026, offers hope to employees struggling with the rising cost of living. The agreement with the Nigeria Labour Congress (NLC), reached at a conciliation meeting in Abuja on October 27, is intended to cushion transport costs and ease pressure on workers’ incomes. But for public servants in Rivers State, it raises a familiar question: will the State Government key into the intervention and ensure that its workers benefit? The agreement provides for N70,000 monthly across all levels, for six months. The Federal Government also approved peculiar allowance arrears effective from May 1, 2026, to be paid in three equal instalments beginning in November.
The parties agreed to reconvene after one month to assess implementation. Ultimately, the value of these resolutions will be measured not by announcements but by whether eligible workers receive the money. Transport costs consume a substantial share of many civil servants’ earnings before they can meet household needs. Support for commuting is therefore not a luxury or political favour; it is temporary assistance to help workers remain at their jobs without sinking further into hardship. For lower-paid employees, transport costs can turn modest salaries into a daily exercise in difficult choices and sacrifice.
The agreement also urges State and Local Governments to participate and unions to press for implementation. The federal agreement does not automatically guarantee that every State and Local Government employee will receive the support. State authorities must clarify how it will apply to their workforce, make the necessary arrangements and publish a payment timetable. Rivers State must approach the arrangement with urgency and transparency. The Government should State whether it will implement the intervention and when payments will begin. Any administrative or financial question should be addressed promptly with organised labour, not allowed to become excuses for delay.
The concern is sharpened by the earlier N35,000 monthly wage award introduced by the Federal Government in 2023 after petrol subsidy removal. It was intended as temporary relief pending a new national minimum wage. While several States negotiated and paid wage awards or related sums, implementation nationwide was uneven. Reports in 2024 indicated that many States had failed to pay the federal award, while others provided different amounts. In Rivers, labour and media reports raised concerns about implementation of the N35,000 award for State workers, amid separate announcements and arrangements concerning Local Government employees.
The wage award was meant to ease the immediate effects of subsidy removal, yet workers faced uncertainty over whether the promised relief would reach them. In February 2024, the Rivers State Government announced approval of the N35,000 award for local government workers, but subsequent reports showed that implementation across worker categories remained a concern. The lesson is clear: approval and implementation are not the same. A declaration at a meeting offers little comfort to a worker whose account does not reflect the promised payment. For workers who travel to their offices daily, the implications of delayed support are significant. Transportation expenses compete with food, rent, school fees, healthcare and other essential household needs.
As fares rise, employees may be forced to reduce spending on necessities or borrow to sustain their families. A timely transport intervention would therefore provide practical relief and demonstrate that government understands the economic pressures confronting its workforce. Its temporary nature makes prompt implementation even more important. It is fair to acknowledge that this transport intervention is a new agreement and that its administrative details may require clarification. Rivers State should not be condemned in advance for a failure that has not occurred. Nevertheless, the earlier experience gives workers legitimate grounds to seek assurances before the November commencement date. The State should avoid allowing uncertainty to persist until workers begin asking why the promised assistance has not arrived.
The NLC and unions in Rivers State should engage the State Government immediately and seek a written commitment, an implementation plan and a process for reporting missed payments. If clarification from the Federal Government is needed, the State should seek it without abandoning the goal of providing relief. Labour leaders must also keep members informed about progress and insist that any agreed arrangements are applied fairly and transparently. The Rivers State Government should treat this intervention as an opportunity to rebuild confidence. Timely support would show that workers’ welfare is more than a talking point and that the State recognises the economic realities confronting its employees.
Silence, delay or selective implementation, by contrast, would revive frustration over earlier relief measures and weaken trust between government and labour. Every month lost to administrative delay leaves workers facing the same transport burden without the intended assistance. The State should consult labour, publish arrangements and pay eligible workers on time. Rivers workers should not have to wonder whether federal relief will reach them. The Federal Government has announced the support; now the State must make its position clear. We hope the N70,000 monthly transport intervention will not follow the troubling path of the earlier wage award. Rivers State should learn from that experience and ensure that this time, relief is not merely promised but delivered.
Sylvia ThankGod-Amadi
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