Malami And His Business Boom Under Economic Doom By Bala Ibrahim | Sahara Reporters

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If Malami had really been this rich all these years, he must have been living a deceitful life with the people of Kano, because his lifestyle in the years before he became minister, was at complete variance with what obtains after he was made a minister. The business succeses and affluence only came to be seen these few years.

I read with disbelief, the defence put forward by the Attorney General of the Federation and Nigeria’s Minister of Justice, Mr. Abubakar Malami, where he informed President Muhammadu Buhari, that he was rich and owned lucrative businesses before becoming a minister of the federation.

However, in his defence, Malami said he had long been a rich man, maintaining that he had been in business before his coming to power, and the businessess are successfully flourishing all these years. Like many parts of the north, Kano has been suffering from serious economic hardship since the beginning of the insurgency, and the hospitality industry is the most affected due to poor patronage, occassioned by the fall in travels and tourism. How Rayhan hotels is making profit, when the top ten hotels in Kano are operating at a loss, is not only questionable, but clearly in conflict with economic logic.

 

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