5 Richest People Can End Extreme Poverty in Nigeria, Says Oxfam
The first thought we had when we saw this was simple – HOW? Well, let’s read through together.
The Inequality report released by Oxfam International on Wednesday, revealed that the combine wealth of five richest Nigerians, put at $29.9 billion, could end extreme poverty in the country.
The report, entitled ‘Inequality in Nigeria, Exploring the Drivers and obtained in Abuja, exposed the large and growing gap between the rich and poor in Nigeria.
It revealed that the benefits of the nation’s economic growth had been captured by a few wealthy elite at the expense of the ordinary Nigerians. According to the report, the economic inequality is a key factor in the conflict in the North-Eastern states of the country.