Following the TED talk from my last post, The Rich and Job Creation, I got to thinking....
The assumption on job creation is that somehow the super rich have all the answers. That the rich owe it to the rest of the population to create opportunities for others to take advantage of. In the African context however, how many jobs can Aliko Dangote create? He is a tremendously rich industrialist no doubt, but in relation to the 160 million (and counting) people in Nigeria, exactly how much of an impact would a single man have on the bottom line? Okay, lets play fair. If all the super rich individuals in Nigeria were put together, how many jobs would they create? So going by the Forbes List, the likes of Mike Adenuga, Jim Ovia, Folorunsho Alakija and the six other juggernauts could drum up a good number of jobs. A really good number. But not nearly enough.......
