President Goodluck Jonathan threatened legal action Wednesday after he was listed as the sixth richest head of state in Africa, calling the report baseless and an attempt to incite Nigerians against him.
The United States-based publication, Richest Lifestyle, ranked Mr. Jonathan alongside King Mswati III of Swaziland, both men reportedly worth $100 million (about N16.5 billion).
The richest African president, the magazine said, is Angola’s Jose Eduardo dos Santos, with a net worth of $20 billion.
The Nigerian presidency condemned the publication, and described it as another attempt to unjustifiably portray Mr. Jonathan as a corrupt leader.
A statement by a presidential spokesperson, Reuben Abati, said there was no factual basis to the report.
The presidency demanded a retraction of the “libellous” publication and an apology, vowing to institute a legal action within and outside Nigeria.
“We have noted with consternation the listing of President Goodluck Jonathan by a website – RichestLifestyle.com – as the sixth richest African President with an estimated net worth of $100 Million U.S. Dollars.
“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.
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