Why is Nigeria a poor country?

Nigeria has one of the lowest tax-to-GDP ratios. Its citizens are not invested in their country, thus when ever oil prices go down, the country begins to hemorrhage money, people starve, people die and people leave. Those who leave are usually educated, often professionals, thus the country stays poor. read more

Nigeria is a huge country, the largest population wise in all of Africa. There are resources around, but they are unevenly distributed and as such not utilized for the good of the common folk. read more

Given the country's high unemployment rate, this means that entrepreneurship is key to reducing poverty in Nigeria and that obstacles to business creation - such as corruption - are barring the country from its right to development. read more

Emmanuel-Francis Nwaolisa Ogomegbunam Let’s start with the obvious, Nigeria is POOR. No offense to my fellow Nigerians, but when 70% of your fellow citizens are scrapping by on less than $2 a day, there is no word for it but poverty. read more