ABUJA – President Mohammadu Buhari has said that Nigeria is erroneously being regarded as a rich country, stating that indices and parameters of evaluating a rich country such as economic advancement, improved social services were lacking.
He however enjoined the Nigerian elites to be prepared to make sacrifice to rescue the country. The president spoke when he received the outgoing President of the African Development Bank (AfDB) Dr. Donald Kaberuka and other officials of the bank.
According to him, the privileged and influential citizens clearly have to do more now than in the past to help the country deal successfully with its economic and security problems.
President Buhari also Kaberuka that his administration will welcome more support from the AfDB for projects in versatile sectors like agriculture that can easily be explored to create more jobs for unemployed Nigerians.
He said: “With the shock of falling oil prices, lack of revenues, and insecurity, the Nigerian elites must now wake up and provide the right guidance in their communities, and also lead the economy on the right path more than they used to do”.
www.vanguardngr.com/2015/08/nigeria-not-a-rich-country-buhari/

That is serious

Well I understand where you are coming from but by sub Sahara African standard we are rich. The rich should get ready for more taxes, I just hope the poor won't be taxed also.

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banito1:
Well I understand where you are coming from but by sub Sahara African standard we are rich. The rich should get ready for more taxes, I just hope the poor won't be taxed also.

what is this sub Saharan standard. please enlighten us

Hw can we b a rich country wen d poverty level in dis country jst kips increasing evn wen we av d largest economy in Africa

Let all jst kip praying we get 2 our destination

You dnt have to go far to identify an intelligent man whenever he speaks, we all have the notion and believe Nigeria is a rich country but this man has made us to believe otherwise with his intelligent analysis of the situation at hand with simple and logically explanation inwhich even the lay man will easily understand. This is different from the d illogical analysis of goat and yam, stealing not being corruption, etc. Kudos to Sai Baba

I hear

maybe u wan steal ur own

I didn't see any reason y he said that. Nigeria is Rich. by the time PMB is done with recovery n blocking of loopholes then .......