NIGERIA IS NOT A POOR COUNTRY SAYS PRESIDENT JONATHAN

Jonathan at the may rally at eagle's square, Abuja

The President today during a rally at the eagle's square Abuja, faulted the world bank statement that Nigeria is one of the five  poorest nations in the world, he said "Nigeria is not poor". The president deemed it worthy to give exemplary instances to showcase the wealth of the Nigerian people by equating it to luxurious material acquisitions. Read in the words of President Goodluck Jonathan;
“Nigeria is not a poor country. Nigerians are the most travelled people. There is no country you go that you will not see Nigerians. The GDP of Nigeria is over half a trillion dollars and the economy is growing at close to 7 per cent.’’

“Aliko Dangote was recently classified among the 25 richest people in the World.

“I visited Kenya recently on a state visit and there was a programme for Nigerian and Kenyan business men to interact and the number of private jets that landed in Nairobi that day was a subject of discussion in Kenyan media for over a week.

“If you talk about ownership of private jets, Nigeria will be among the first 10 countries, yet they are saying that Nigeria is among the five poorest countries.

“Some of you will experience that there is an amount of money you will give to a Nigerian who needs help and will not even regard it and thank you but if you travel to other countries and give such an amount, the person will celebrate.

“But the World Bank statistics shows that Nigeria is among the five poorest countries. Our problem is not poverty, our problem is redistribution of wealth.’’

The president Further said probably wealth is concentrated in very few hands and a number of people do not have access to it and that is why my administration is committed in terms of financial inclusiveness and we are working very hard to achieve this.’’
“The key commitment of government is to make sure that so many Nigerians have access to finance so that they will be able to create wealth for themselves.’’


He explained that “so many countries were downgraded economically in the few past months including some African countries.

“They looked at Nigeria and we gave explanations and they could not see any convincing reason but to downgrade our economy, they left us as BB minus.

“They said elections are coming, politicians are shouting at themselves, it may affect their economy, we will no longer give you stable outlook but give you negative outlook, which is same BB minus.

“When so many countries have been downgraded, they said Nigeria is one of the five poorest countries.’’

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