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Monday, 30 May 2016


Top 10 richest Nigerian artistes and their worth in 2016
The Nigerian music industry is becoming more popular than the oil
and banking industries and this is actually because it pays extremely
well and a lot of stars in the industry are living life large. The
cash flow comes from various endorsement deals with well established
firms who buy the image rights of these stars, appearance in concerts
and live shows, youtube partnerships, sponsorship deals.
We've gathered a list of top 20 Nigerian artistes and their worth.
1)P-Square: Shekini! Collabo! Chop my money! Personally! These are the
bad guys of African hip-hop. The twin brothers, Peter and Paul Okoye
still remain unshakeable and unfadable. Apart from Akon, they come
second as the most popular African hip hop stars ever. Forget Brenda
Fassy, Lagbaja, Oliver de couqe and even Lucky Dube. Among the top 10
African songs ever, P-square alone has 5 songs on the list! You get
what I mean?.
As at early 2016 their combined networth was in excess of $100
million (approx. $130m), combined with high profile estates in Nigeria
and USA suspected to be worth over $10m. Not just that, they are
reputed to be the most expensive artistes for hire, with an average of
$100,000 bucks pocketed after every show. Their albums are produced
under the label -square records.

2)Don-jazzy: well talented R&B singer, producer, Label owner and boss,
Don jazzy, full name- Michael Collins Ajereh, an Abia State indigene,
is the current CEO of the popular Marvin records. Forbes puts his net
worth at $35 million plus. And he is a popular image driving around in
his custom painted Bentley(worth about $200,000). His cash flow is
sourced mainly from his exploits and diversity on the beats. He's a
graduate of Business management.

3)Flavour: Full name- Chinedu Izuchukwu Okoli, is a young and talented
Igbo high life singer, and probably the hottest R&B singer in Nigeria.
Flavour retained his 2015 position on the chart this year as the third
richest Nigerian artiste with an estimated net worth of $28.5million.
Main source of wealth: music. Plays almost every kind of instrument
and is a wonderful soloist when playing and singing. The Enugu born
star who won the MTV African Music Awards Live Act award pockets an
average 5million naira per show internationally and locally, and
performs almost 70 shows per year.

4)D'Banj: The koko master. Arguably the best music star Africa has
ever produced. Popular for the club banging single- Oliver Twist which
he did with Don Jazzy, He is worth $25million.

5)Tuface Idibia: Still one of the best and longest serving in Nigerian
music. Tuface aka Tu Baba, popular with his evergreen hit
single-Afrcan queen. His estimated net worth of $22million dollars
makes him the fifth richest Nigerian artiste. And he is currently
involved in endorsement deals with GLO, PEPSI.

6)Inyanya: Became a superstar with his single "kukere" ( a hit with
a unique dance step) which till date has raked in 15million youtube
views. He's on the list with a net worth of roughly $13million.

8)Wizkid: A.K.A weezy, starboy, one of the youngest to come onboard
the Nigerian music stage. Balogun tasted fame with his single- holla
at your boy.Since then he has gone to create two albums and many
singles including -Bombay. He's worth $11million now.

9)Banky W: Banky Wellington. Full name- Olubankole Wellington, the US
born Nigeria moved into Nigeria with his parents at the age of five.
While working for his engineering in a polytechnic in upstate New
York, he won the "Albany idol" which brought him up to limelight. His
first record label was Empire Mates Entertainment. And most of his
songs were released under the label. He the 9th richest with an
estimated net worth of $9.0million.

10)Timaya: Enetimi Alfred Odon, also known as Egberi Papa 1 of Bayelsa
is a talented Ragga,and Afro beats singer. Popular for his 2015 hit
with Don jazzy-Concur, he's the founder of the hip hop group, Dem Mama
soldiers. He gained international visibility with his his third
album-De Rebirth. He's on the list with a networth of $5.5million.
Thanks to his "muscular voice" which is unparalleled.
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It's been twelve months in office, the presidency has released a
list of achievements made by the president, Gen. Muhammadu Buhari and
his administration in the past one year.
Although many Nigerians may not agree to the fact that in terms of
power, economy and especially security the measures taking by the
president have in many proportions yielded wonderful results.
Reacting to reports from the Center of Democracy and Development
that the president had not yet fulfilled 1 percent of his agenda, the
assistant to the president on media and publicity made a statement
last week to prove the group wrong.
A break down of the five main areas Buhari has achieved so much is
as follows.
ECONOMY: This, unarguably is an important area Nigerians look into
in rating their leaders and according to the presidency, president
Buhari has not been a complete failure in this area. The assistant to
the president on media emphasised that it was no fault of the
president that he inherited a failing economy, or that he took up the
reins of power at a time oil prices were falling. Siting that a very
similar thing happened during president Barrack Obama's first tenure
yet he was not even judged for the problem during his first year. He
went further to highlight the corrections the president had made in
the economy, stressing on the level of importance the president had
placed on economy diversification and the transparency of the
government in handling economic matters. He reminded Nigerians that
for the first time the federal government had an account and every
Nigerian could know the details of the transactions the government was
involved in through the Treasury Single Account(TSA).
According to him, the president also ordered the closure of
multiple accounts held by the state and local government, ministries
and all other agencies of the government. And so right now even NNPC
now publishes monthly reports.
Last year, to reduce the strain on Nigerians the presidency ordered
the release of over N689 billion to bail out 27 states and also
deferred the payments of the debts, giving states time to recover from
the knock down of prices.
Other achievements include, introduction an enforcement of Bank
Verification Number, making it difficult for looters and ghost workers
to operate and yes! Flushing out tons of ghost workers draining the
government. Restructuring. National Petroleum corporation (NNPC) into
a more transparent and effective body, split into autonomous units
with lower report deficits.
SECURITY: Mallam Shehu in his statement made a list of all the
government did to preserve the lives of Nigerians and their property.
Starting with the first- the relocation of the Nigerian Military
Command to Maiduguri last may, this largely contributed positively in
the fight against North Eastern insurgence. He reminded Nigerians that
by February 2016 the number of people rescued from areas held down by
Boko Haram was almost 11,000. Not to forget the rescue of a chibok
girl this month. He informed Nigerians that a recruitment exercise
that would increase the Nigerian police by 10,000 personnel. Also the
government through high level diplomacy has brought back its former
allies, UK and USA, even Israeli forces have indicated interest in
helping Nigeria exterminate insurgency.
This interest has helped the Nigerian military in areas of advanced
training and technical intelligence. He also informed the Nigeria is
still making progress an fighting oil bunkering and pipeline
vandalisation. This has been largely with the aid of the Navy and its
sea vessels.
Also our security technology has increased as we now have a forensic
lab and GSM tracking facility.
REDUCING CORRUPTION: Right from time this has been a dram pin on
Buhari's agenda, and so far he hasn't deviated from it. This was also
noted by his media adviser. Ever since his takeover, billions of
looted funds have been recovered by force and by negotiations. The War
Against Corruption advisory committee has been very active, with many
high profile cases involving huge sums being tried in court under the
strict supervision of the constitution.
Early this year on one of his trips to the middle East the president
had special agreements the would ensure that the UAE countries
returned stolen assets and gave up the pilferers for trial.
Also in march this year, an agreement was signed between Nigeria
and Switzerland, to return illicitly acquired assets and monetary sums
abandoned or forfeited by corrupt Nigerians in the past. This includes
the return of the sum of 321 million dollars stolen by former head of
state Gen. Abacha and his family.
POWER: Under the administration of Buhari, a contract worth N11.3bn
with the French government and the UN is underway to upgrade power
facilities in the country. Also under the administration, Chinese
solar panel manufacturing companies have created strong business ties
with Nigeria.
ENVIRONMENT and SANITATION: The president approved the implementation
of the UNEP act, which was effective in cleaning up oil spills in the
Implementation of the green wall project to reduce desert
encroachment in Northern Nigeria.

The assistant to the presidency on media publicity advised any
group who went about telling Nigerians that the federal government has
not achieved anything to desist from such.

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Ebube Emeka is a Nigerian undergraduate. He loves reading,writing and sharing his opinions on the web he also loves public speaking and meeting people. Top'n'trending is a site that offers the most trending news on politics, fashion,celebrity, happenings around the world and opinion on general matters such as relationships,finance,business sense,lifestyle...

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