President Goodluck  Jonathan, Wednesday,  said that his inclusion in list of richest African presidents is baseless and libelous, and demanded a retraction and apology form Richest and all those who have published the said article.

The President through a statement signed by  Reuben Abati, Special Adviser to the President on Media & Publicity. Read thus

‘’We have noted with consternation the listing of President  Goodluck Ebele Jonathan by a website – – as the sixth richest African President with an estimated net worth of $100 Million U.S. Dollars.

President Goodluck Jonathan
President Goodluck Jonathan

The Presidency condemns the totally unwarranted inclusion of President Jonathan in the publication titled “Africa’s Richest Presidents 2014” as another attempt to unjustifiably portray the President as a corrupt leader and incite public disaffection against him.

We categorically assert that there is no factual basis for ranking President Jonathan as the sixth richest African Head of State with a net worth of about $100 Million U.S. Dollars.

As it is well known, President Jonathan has never been a businessman or entrepreneur, but a life-long public servant.

The President has held public office since 1999 and has regularly declared his assets as required by Nigerian laws. He has had no personal income since 1999 other than his official remuneration as deputy governor, governor, vice president, acting president and president which are matters of public record.

There has been no significant variation in the totality of his personal assets as contained in his last declaration to the Nigerian Code of Conduct Bureau in 2011 which, as can be verified, was a very, very far cry from the $100 million figure now being bandied about by Richest and other irresponsible, copy-cat publications.

The   clear and unacceptable imputation of the claim that President Jonathan is now worth about $100 Million is that the President has corruptly enriched himself while in office which is certainly not the case.

We therefore demand a retraction and an unreserved apology from Richest and all those who have reproduced the offensive article.

Otherwise, they should be prepared to substantiate their libelous claims against the President in courts of law within and outside Nigeria.”‘

The Richest  had published for the year 2014 the names of 9 Richest African Presidents and Kings. The first on the list is  Jose Eduardo dos Santos of Angola with net worth of  $20 billion, followed followed by King Mswati III – net worth $2.5 Billion and  Mohammed VI of Morocco – net worth: $2.5 billion. Teodoro Obiang Nguema Mbasogo of Equatorial Guinea is third with about $600 million followed by  Uhuru Kenyatta  Kenya, who is said to worth $500 million. Cameroon’s  Paul Biya is the fifth on the list with net worth of  $200 million followed by  King Mswati III of Swaziland and President Goodluck Jonathan both are sixth on the list and are said to worth about $100 million each. Idriss Deby of Chad worth is  $50 million and Robert Mugabe – Net Worth: $10 Million.


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