A Poor Country !
Nigeria is endowed with natural resources so vast that it would have made it a very beautiful country if only it had governance to handle her natural endowment. In 2000 Nigeria was the 5th largest supplier of crude oil to the USA. The fact is that Nigeria is an oil rich but at the same time one of the worlds poorest countries.
It was only last week that PRESIDENT Olusegun Obasanjo painted a gloomy picture of the nation's perceived wealth, saying that Nigeria is really a poor country.
Within a week's times comes another statement by the President ridiculing the World Bank report on poverty level of Nigeria.
Whatever be the economic state of the nation, the public spending by those in authority can not be justified.
It was only last week that PRESIDENT Olusegun Obasanjo painted a gloomy picture of the nation's perceived wealth, saying that Nigeria is really a poor country.
Within a week's times comes another statement by the President ridiculing the World Bank report on poverty level of Nigeria.
Whatever be the economic state of the nation, the public spending by those in authority can not be justified.
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