Madness in Nigeria (2): Ahmed Ndimi, son of a Nigerian oil billionaire, reportedly posts his $99 million bank balance on Instagram! – Daily Star

August 18, 2013

Society/Living

Okay, guys, there are always new things coming out of Nigeria, especially as regards supposed everybody’s common wealth: oil.  One of those I once referred to as those who continue to profit from Nigeria’s collective misery recently told a London Court he made “ONLY” 39 billion Naira or thereabout, OR something in the neighborhood of $250 million from an oil block sale!

For the benefit of my non-Nigerian readers, an “oil block” is understood – by me – as gifting oil well(s) to somebody who turns around to sell the paper (allocation license) from which he makes billions.

I have no idea what this guy’s father did more than what’s contained in the story:  that Mohammed Ndimi is an oil billionaire and the son, Ahmed, is the company’s marketing director.

Now, posting a bank balance on social network may not be madness but it reminds me of a [Nigerian] multimillionaire back when a Naira would fetch well over a dollar whose sole reason for attending a party was to show off his new ROLEX to everybody!  Let me just say his own wealth was made through one of the easiest Nigerian ways of making money rather than the kind of wealth in that old American Financial Company, Smith Barney’s ad:  We make our money the old fashioned way, we earn it.”

What’s meant by the word “parvenu”, anyone? – TOLA.

Here’s the link to the instagram story:

http://dailystar.com.ng/2013/08/16/young-billionaire-ahmed-indimi-shows-off-99864731-account-balance-on-instagram/

You may also wish to check out:

https://emotanafricana.com/2012/09/04/son-of-a-nigerian-politician-built-a-bed-with-n100m-naira-notes-global-reporters-vienna/

SUNDAY, AUGUST 18, 2013.  8:34:01 p.m. [GMT]

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3 Comments on “Madness in Nigeria (2): Ahmed Ndimi, son of a Nigerian oil billionaire, reportedly posts his $99 million bank balance on Instagram! – Daily Star”

  1. shashi Says:

    So,is he telling us that the money is small or too large for him.

    Like

    Reply

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