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, 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

Stale news

This topic made home page yesterday
Why create it again?

its quite a sad news.

Norway is the most prosperous country in the world, is her economy now bigger than china ,USA or Germany? http://m.thelocal.com/20141103/norway-is-worlds-most-prosperous-country

What a shame. A don't like politic but some one should please advice this president to resign instead of bringing more shame to this country.

Sall:
What a shame. A don't like politic but some one should please advice this president to resign instead of bringing more shame to this country.

aint that ur beloved one nigeria?

Sall:
What a shame. A don't like politic but some one should please advice this president to resign instead of bringing more shame to this country.

^^^He's going nowhere!

Tell your friends to stop their bombing, raping, pillaging and kidnapping.....all done in a bid to make the country ungovernable, and frustrate the GEJ gov'ts attempts to deliver good governance to Nigerians!

I know exactly what their game is.....even if others are yet to understand the ruthless machinations of these devils that want GEJ out and for power to return to the core muslim/fulani north!

IGBOSON1:


^^^He's going nowhere!

Tell your friends to stop their bombing, raping, pillaging and kidnapping.....all done in a bid to make the country ungovernable, and frustrate the GEJ gov'ts attempts to deliver good governance to Nigerians!

I know exactly what their game is.....even if others are yet to understand the ruthless machinations of these devils that want GEJ out and for power to return to the core muslim/fulani north!

The Niger delta is a mess. All the riverrine towns are overrun by cults, gangs, oil thieves, my friends lost their lives last two months traveling the water ways. That is the president's region. The problem is not only the north. Your man is the worst that the Niger delta could ever produce to lead Nigeria.

U need to review ur sources OP

Nigeria is number one economy in Nigeria

Adminisher:


The Niger delta is a mess. All the riverrine towns are overrun by cults, gangs, oil thieves, my friends lost their lives last two months traveling the water ways. That is the president's region. The problem is not only the north. Your man is the worst that the Niger delta could ever produce to lead Nigeria.

^^^What are you on about!?

You talk as if other regions are not beset with problems as well! Or is your point that since GEJ is from the Niger Delta then the area should be an El-Dorado despite the faulty foundations this country is built on? Most of the problems you listed above would disappear or be reduced to manageable levels once certain groups and individuals allow a proper restructuring of the polity!

Adminisher:


The Niger delta is a mess. All the riverrine towns are overrun by cults, gangs, oil thieves, my friends lost their lives last two months traveling the water ways. That is the president's region. The problem is not only the north. Your man is the worst that the Niger delta could ever produce to lead Nigeria.

Sharrap there,

Your kin and kith with their Northern masters pillaged and impoverished the Niger Delta for decades even before the emergence of GEJ.

Just peacefully vote him in and let the sleeping dog lie else there would be no more money to share to your barren, lazy region that waits on handout from oil money to survive.

IGBOSON1:


^^^What are you on about!?

You talk as if other regions are not beset with problems as well! Or is your point that since GEJ is from the Niger Delta then the area should be an El-Dorado despite the faulty foundations this country is built on? Most of the problems you listed above would disappear or be reduced to manageable levels once certain groups and individuals allow a proper restructuring of the polity!

If you want to wait for them to agree on any meaningful restructuring of the polity ,you'd be waiting for a long time boy.

The only language that an oppressor understands very clearly is the use of force.

[size=16pt]http://www.worldsrichestcountries.com/[/size]

IGBOSON1:


^^^He's going nowhere!

Tell your friends to stop their bombing, raping, pillaging and kidnapping.....all done in a bid to make the country ungovernable, and frustrate the GEJ gov'ts attempts to deliver good governance to Nigerians!

I know exactly what their game is.....even if others are yet to understand the ruthless machinations of these devils that want GEJ out and for power to return to the core muslim/fulani north!

This level of reasoning is quite shameful coming from you. Failure to deliver should not be blamed on ethnic group as nothing of such exists unless you will also accept the lies that Igbos planned the 1966 coup to dominate Nigeria or that Igbos are supporting Jonathan because they want to take Niger Delta oil. Those are too childish to even comprehend by a sane mind.