Few people in 5 states control Nigeria’s wealth – President Buhari

President Buhari on Monday, October 7, revealed that Nigeria’s wealth is being controlled by few people living in 5 states in the country including the FCT.

Few people in 5 states control Nigeria’s wealth – President Buhari


The President who spoke at the opening session of the 25th Nigeria Economic Summit (NES#25) in Abuja, said the wealth in the hands of few people drives the migratory and security trends in Nigeria and across the region.

“A significant proportion of Nigeria’s prosperity today is concentrated in the hands of a few people living primarily in 4 or 5 states and the FCT. Some of the most prosperous Nigerians are here in this room.

“This leaves the remaining 31 states with close to 150 million people in a state of expectancy and hope for better opportunity to thrive. This, in the most basic form, drives the migratory and security trends we are seeing today both in Nigeria and across the region.”

President Buhari who stated that a prosperous country is one where majority of the citizens have an acceptable standard of living and a decent quality of life as opposed to a society with a few wealthy people, further said that in addressing population growth, security and corruption matters in developing economies, policies and programmes must focus on promoting inclusivity and collective prosperity.

READ ALSO!
President Buhari set to attend a three-day Summit in Sochi , Russia

Buhari also said in addressing population growth, security and corruption matters in developing economies, policies and programmes must focus on promoting inclusivity and collective prosperity.

“During the elections, almost all candidates proposed their vision for the economy and for the country. Our party, the All Progressives Congress, put before the country policies that focus on delivering prosperity to all Nigerians through enhancing security, eliminating corrupt practices in public service, supporting sectors that will create jobs, and promoting socially-focused interventions to support the poorest and most vulnerable among us,” he said.

One Comment

Leave a Reply
  1. WHO DO YOU THIMK ABOUT YOUR LEADER? DONT YOU THINK IS ABOUT TIME TO LOOK INTO A NEW DIRECTION , THE YOUTH ARE MORE IMPORTANT TO ME THAN WHAT I AM SEENING RIGHT NOW .DO YOU THINK? IF THE PUBLIC CELLECTOR NEED TO MAKE THING WORK FOR PUBLIC INTREST OF OUR OWN KIND, GIVE BACK TO THE PEOPLE OF THE LAND . WE NEED TO BIN EVERY DIRTY GOVERNMENT AROUND US OUR UNIVERSAL, WELL BEING OF OUR NATION NOT DOING UPPOSIT.

Leave a Reply

Your email address will not be published. Required fields are marked *

Meet Kiki Mordi: BBC journalist who exposed UNILAG lecturer Boniface Igbeneghu involved in #SexForGrades

#SexForGrades: See inside the ‘cold room’ where lecturers ‘sexually harass’ students (video)