Opera News

Opera News App

Why is Nigeria a rich country, meanwhile the rest of Africa suffers?

CoronaCure
By CoronaCure | self meida writer
Published 7 months ago - 84 views

A rich country but what means? Resources or overall GDP, probably. But if it's in terms of GDP per capita or even overall standard of living, they aren't rich by any means, nor even the richest in Africa. Nigeria are currently ranked in 131st place in terms of GDP per capita, ranked below African countries such as Botswana, Morocco, Algeria, South Africa, Cape Verde and Angola. This in turn gives room for a huge socio-economic gap between the rich and the poor. Up until 2017, over 80 million people in Nigeria lived in extreme poverty, from a universe of around 190 million people. That's around 40% of their population. That's a lot.

Nigeria as a country is rich with oil and other minerals like coal and the likes.. Nigeria has a population of over 200mill people and less than 1mill people consider themselves rich… they rest wallow in abject poverty or are in the middle class. So they cant be the richest country. Let me digress a little. When It comes to Education- Nigeria cant be the richest. Education is for Zimbabwe.. 95% of the population are graduates or have a higher degree. Kenya is rich in architecture and amenities for its populace.

Nigeria key rankings in Africa

Infrastructure development, 22.365 index number 22 out of 54 African countries, Source; Africa development bank, Africa Infrastructure development index, 2020.

Human development index, low human development. Rank; 23 out of 54 African countries, United nations

GDP per capita, $2 229.9 lower middle income country, rank 19 out of 53

Nigeria is an average African country performing averagely according to 3 indicators I have written above. Nigeria as a country maybe rich due to its high GDP but due to its big population, the GDP becomes far stretched and is not enough for all her citizens leaving 50% of her population living in extreme poverty as per defined by the World Bank.

\

If Nigeria is an example of riches in Africa then the whole of Africa people should jump into the sea. the country is rich in terms of human capacity or population and natural resources. however that is where you have the very richest in Africa living with 95% of the very poor in Africa. Here is a video to explain to you the riches of Nigeria taken from the very region of the country that have always been in power and looting government treasury dry. Almajiri boys are ready recruits into terrorist groups like Boko haram, isis in west, Fulani herdsmen, and more about five of such terrorist groups. this video is from one of the northern states city and you see such in over 10 states of the north.

Content created and supplied by: CoronaCure (via Opera News )

Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

An Open Letter From A Concerned Citizen To The Nigerian Ministry Of Health

6 minutes ago

0 🔥

An Open Letter From A Concerned Citizen To The Nigerian Ministry Of Health

"Have Mercy On Their Mum Give Them Back To Her" -Fans Pleaded With FFK As He Shows Off His Son

8 minutes ago

1 🔥

6 Most Intelligent Person's On Planet Earth (Photos)

25 minutes ago

1 🔥

6 Most Intelligent Person's On Planet Earth (Photos)

Opinion: Why SW Leaders Should Defend Tinubu As EFCC Begin Sealing Of Properties Belonging To Him.

27 minutes ago

28 🔥

Opinion: Why SW Leaders Should Defend Tinubu As EFCC Begin Sealing Of Properties Belonging To Him.

Jerusalem And Mecca, Which Of This Two Holy Places Looks More Beautiful

27 minutes ago

11 🔥

Jerusalem And Mecca, Which Of This Two Holy Places Looks More Beautiful

Oko polytechnic students took rag day to the next level, checkout some crazy pictures from them.

30 minutes ago

17 🔥

Oko polytechnic students took rag day to the next level, checkout some crazy pictures from them.

Latest Ankara Gown And Jumpsuit Styles For This Festive Season

30 minutes ago

0 🔥

Latest Ankara Gown And Jumpsuit Styles For This Festive Season

Ambode, Leave Nigeria, Service Chiefs, others makes top trends for today

31 minutes ago

6 🔥

Ambode, Leave Nigeria, Service Chiefs, others makes top trends for today

Goodluck Jonathan Clears The Air On The Participation In 2023 Elections, Speaks On Insecurity

36 minutes ago

5 🔥

Goodluck Jonathan Clears The Air On The Participation In 2023 Elections, Speaks On Insecurity

Refresh your memory by learning these 20 flags representing various countries across the globe

36 minutes ago

0 🔥

Refresh your memory by learning these 20 flags representing various countries across the globe

COMMENTS