Niger, Benin, Mali, Cameroun more prosperous than Nigeria.

Despite its latest status as Africa’s biggest
economy, and its government’s claim of
improved standard of living, Nigeria was
not only one of the world’s least
prosperous countries in 2014, but also
one of Africa’s poorest beaten by smaller
nations like Niger, Benin, Mali and
Cameroun, an annual global prosperity
survey released this week has said.
The report, published by UK-based
Legatum Institute, a research
organization that documents annual
prosperity indicators around the world,
listed Nigeria as the 125th out of 142
countries surveyed.
Remarkably, Nigeria failed to make the
list of Africa’s top 10 most prosperous
countries, a league dominated by
Botswana and South Africa.
Other countries in that bracket, listed
from third and below, are Morocco,
Namibia, Tunisia, Algeria, Ghana,
Rwanda, Burkina Faso, and Senegal.
Nigeria fell to 27 in Africa in 2014, nose-
diving 22 places from its ranking in
2011, the report said.
In between the top 10 countries and
Nigeria are Benin, Kenya, Zambia,
Uganda, Mali, Niger, Cameroon, Egypt,
Tanzania, Malawi, Djibouti,
Mozambique, Cote d’Ivoire, Congo
Republic, Zimbabwe, and Mauritania.
“The 2014 Prosperity Index provides a
lens through which to view a
comprehensive assessment of national
success. The Index measures the broad
set of indicators that tell us not only how
nations perform economically but in
vital areas of education, health, freedom,
opportunity, social capital,” said
Executive Director of Legatum Institute,
Sain Hansen.
Other indicators measured by the
institute are, governance and safety and
security.
For each of the indices assessed, Nigeria
performed woefully, highlighting how
life in Nigeria is perhaps among the
harshest in the world despite the
country’s oil and mineral wealth.
Nigeria’s best ranking was in the
economy group, where it was ranked
97th out of 142 countries in the survey.
Elsewhere, Nigeria ranked 114th, 130th,
123th, 132th, 137th, 106th, and 108th in
entrepreneurship and opportunity,
governance, education, health, safety
and security, personal freedom and
social capital respectively.
The leading African country, Botswana,
ranked 75th globally, and has a Gross
Domestic Product (GDP) of $15,147. The
country is among the biggest
proportional spender in the world as its
government spends 8 percent of its GDP
on Education.
The least ranked country in the survey is
Central African Republic, barely
unexpected as the country has be
ravaged by internal ethno-religious
conflict in the past few years.
Norway is ranked as the most
prosperous country in the world
followed by Switzerland.





http://www.premiumtimesng.com/news/headlines/173566-niger-benin-mali-cameroun-prosperous-nigeria-global-report.html

Biggest Economy my foot!


Okonjo Iwaela is the biggest disappointment to me in ds govt of clueless folk.


Well, nothing more to say than;

59days to go
#.. CollectYourPVC
#... Vote Buhari for Change 2015

Not surprised. A country so corrupt being prosperous would naturally seem an anomaly. So there you go.