Goodluck Ebele Jonathan Net Worth 2020, the enigmatic figure behind Nigeria’s 14th presidency, leaves many wondering about the intricacies of his financial empire. Let’s take a walk on the wild side and explore the uncharted territories of his wealth, shall we?
As we delve into the labyrinth of his financial journey, we will unravel the mysteries of his presidential salary, business ventures, and other investments, totalling a staggering amount of money. But what drives his net worth? Is it the lucrative oil deals, smart business decisions, or perhaps, a dash of luck? As we lift the veil on his financial world, you’ll discover the intricately woven web of his wealth, including his alleged corruption and money laundering scandals.
But, don’t let the intrigue cloud your judgment. Our exploration will also take you through his philanthropic efforts, as he lends a helping hand to those in need, showcasing his softer side. And, we’ll shed light on the public perception of his presidency, a complex tale of shifting opinions and controversies.
The Net Worth of Goodluck Ebele Jonathan
Goodluck Ebele Jonathan, the 14th President of Nigeria, has a net worth that is the subject of much interest and speculation. As the country’s highest elected official, his salary, benefits, and other sources of income have contributed significantly to his overall wealth. In this article, we will delve into the various sources of Jonathan’s income, exploring the role of the Nigerian government in setting a president’s compensation package and its impact on his net worth.
Sources of Income
As a former president, Jonathan’s income includes his salary, which is set by the Nigerian government. The president’s salary is not a fixed amount but is rather a percentage of the national basic salary, which is determined by the National Salaries, Income and Wages Commission. According to the commission, the president’s salary is 290.1% of the national basic salary, which, in 2020, was approximately ₦7,449,000 per annum.### Salary and BenefitsIn addition to his salary, Jonathan also receives various benefits, including:
- Accommodation: The President’s Villa, a luxurious mansion in Abuja, serves as Jonathan’s official residence.
- Security: The president and his family receive 24/7 security protection, courtesy of the Nigerian Police Force and the Department of State Services (DSS).
- Medical Expenses: The president has access to top-notch medical care, both locally and internationally, should he require it.
- Town Clerk’s Allowance (for his wife): The president’s spouse receives an annual allowance.
### Business Ventures and InvestmentsJonathan’s business ventures and investments have also contributed significantly to his net worth. Some of these ventures include:### Public-Private Partnerships (PPPs)In 2013, Jonathan launched the National Industrial Revolution Plan (NIRP), which aimed to promote industrialization through PPPs. Under the plan, the government partnered with private investors to develop several industrial projects, including power, manufacturing, and infrastructure.### Dividend IncomeAs a shareholder of several blue-chip companies, Jonathan receives dividend income from his investments.
Some of the companies he holds shares in include:### Other Sources of IncomeOther sources of income for Jonathan include:
- Gifts and Donations
- Royalties from Book Sales
- Consulting and Advisory Fees
- Board Membership and Directorship fees
Business Ventures and Investments
Jonathan’s business ventures and investments have also contributed significantly to his net worth. Some of these ventures include:### Agricultural InvestmentsJonathan has invested in several agricultural projects, including cocoa and sugar plantations. These investments have yielded significant returns, contributing to his net worth.### Energy and Power InvestmentsAs a former president, Jonathan has also invested in the energy and power sector, partnering with private investors to develop several power generation and transmission projects.### Infrastructure DevelopmentJonathan has invested in several infrastructure development projects, including roads, bridges, and housing schemes.###
Real Estate Investments
Jonathan has also invested in the real estate sector, acquiring several high-end properties in Abuja and Lagos.
The Public Perception of Goodluck Ebele Jonathan: Goodluck Ebele Jonathan Net Worth 2020
Goodluck Ebele Jonathan’s presidency, which spanned from 2010 to 2015, was marked by a significant shift in public perception. At the beginning of his tenure, Jonathan seemed to be enjoying high levels of support, but as the years went by, his popularity waned due to various factors.
Public Opinion Polls
Public opinion polls offered insights into the changing public perception of Jonathan’s presidency. Here is a comparison of some key polls and their ratings:
| Poll Date | Approval Rating | Satisfaction Level | Key Concerns |
|---|---|---|---|
| June 2010 | 73% | 62% | Unemployment, Insecurity, Corruption |
| June 2012 | 51% | 43% | Insecurity, Corruption, Economic Downturn |
| June 2014 | 28% | 21% | Insecurity, Corruption, Inefficient Governance |
The decrease in Jonathan’s approval rating was largely due to the growing concern about insecurity, particularly the Boko Haram insurgency in the North-East. The economy was also in shambles, with a significant decline in oil prices in 2014 affecting the country’s revenue.
Key Events and Policies, Goodluck ebele jonathan net worth 2020
Several key events and policies contributed to the shift in public perception of Jonathan’s presidency. Some of these include:
- The handling of the Boko Haram insurgency, which saw the militants carrying out a series of high-profile attacks leading to widespread insecurity and displacement.
- The failure of the government to provide adequate relief to the affected areas, exacerbating the humanitarian crisis.
- The controversy surrounding the oil subsidy removal in 2012, which led to a sharp increase in fuel prices and a significant drop in Jonathan’s popularity.
- The perceived inefficiency in governance, particularly in areas such as power generation and distribution.
The cumulative impact of these factors led to a significant decline in Jonathan’s popularity and a growing perception that he was ineffective as president.
Criticisms and Controversies
Jonathan’s presidency was also marked by several criticisms and controversies, including:
- The allegations of corruption and embezzlement, particularly in the sale of the Nigeria Liquefied Natural Gas (NLNG) project.
- The perceived lack of transparency in government dealings, including the award of contracts and the management of national assets.
- The controversy surrounding the appointment of key officials, particularly in areas such as the judiciary and the security services.
- The government’s handling of various economic crises, including the 2012 fuel subsidy crisis and the 2014-15 economic downturn.
The controversy surrounding Jonathan’s presidency culminated in a significant decline in his popularity and a growing perception that he was not effective in addressing the country’s challenges.
Legacy and Impact
Goodluck Ebele Jonathan’s presidency had a profound impact on the country’s politics and economy. His legacy is still being debated, with some arguing that he laid the foundation for the Buhari administration’s subsequent achievements. However, others point out that his inefficiencies and corruption contributed to the country’s continued instability and underdevelopment.The public perception of Jonathan’s presidency serves as a reminder of the complexities of governance and the challenges of leading a nation.
His presidency highlights the need for leaders to be accountable, transparent, and effective in addressing the country’s challenges.
Question & Answer Hub
What were the key factors that contributed to Goodluck Ebele Jonathan’s presidency?
His presidency was characterized by a drop in oil prices, which had a significant impact on the country’s economy. Additionally, he faced numerous challenges, including corruption allegations and security concerns.
Did Goodluck Ebele Jonathan have any notable business ventures?
Yes, he invested in various sectors, including agriculture and real estate. His business ventures were reportedly lucrative, contributing to his substantial net worth.
Was Goodluck Ebele Jonathan involved in any corruption scandals?
Yes, he faced allegations of corruption and money laundering, which led to a significant impact on his reputation and public perception.
What was Goodluck Ebele Jonathan’s philanthropic efforts?
He donated to various charitable causes, including education and healthcare initiatives. His philanthropic efforts were seen as a positive aspect of his presidency.
