First, I need to explain why a response to Emir Sanusi is apposite at this moment. From available information, the Emir is the global Chairman of Black Rhino, a private equity, infrastructure-focused subsidiary of Blackstone (the world’s largest alternative asset manager with Asset Under Management (AUM) in the sum of $1.2 trillion and counting). Blackstone itself birthed BlackRock (the world’s largest asset manager with AUM in the excess of $10 trillion) before they split. So, the eloquent Emir is sitting on a pile of cash and straddling significant advocacy power which can be of great assistance to Africa and Nigeria. I wager that we haven’t seen very significant flows from these large entities and Nigeria – among other African nations – have to rely on sundry sources for finance. Black Rhino, which Sanusi chairs globally, boasts of assets under management of $35 billion. More than being a powerful traditional leader in Nigeria, Emir Sanusi is actually a global financier.
Re: Emir Sanusi: Africa, Nigeria is not over borrowed but under-financed, By ‘Tope Fasua
