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IS Nigeria Really Poor? Watch This VIDEO - Culture - Nairaland

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IS Nigeria Really Poor? Watch This VIDEO by SojWORLDWIDE(m): 7:59am On Dec 21, 2022

Re: IS Nigeria Really Poor? Watch This VIDEO by RedboneSmith(m): 6:58pm On Dec 21, 2022
Yes. Nigeria is a poor country. It you try to tally the country's generated revenue with its population size, it is a poor country. If you check how many people are unemployed or underemployed, it is a poor country. I don't know of any indices that one will use that Nigeria will not be rated as a poor country.

The display of wealth by a small fraction of the population means next to nothing. It only means that scarce resources have been cornered by a few, and huge sections of the population and the country at large have been left with nothing.

Haiti, the poorest country in the Western Hemisphere, also has fabulously rich men and women, flashing obscene sums of money around the world and buying hugely expensive property in New York, London and Paris. But over 40% of the Haitian people can't get jobs because there are none. We shouldn't confuse the fact that a tiny fraction of a population controls an obscene amount of wealth with the nation itself being a rich country.

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