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Nigeria Still Living in Poverty Despite Oil Exports
February 21st, 2007 by annnee
February 19, 2007. Maraba, Nigeria is still living in poverty despite of their high oil prices. The government earned $40 billion last year by exporting oil but still, 9 out of 10 of 140 million Nigerians earn less than $2 a day according to the estimates of the United Nations. That is such a pity since the country made a lot of money from oil exports.
”The politicians have stolen all the money. They have their children schooling overseas. I never went to school because I had to work in the farm with my father,” said 25 year old Aminu Ladan, who now lives his live polishing shoes to make around $1 a day.
President Olusegun Obasanjo has been trying to help Nigeria in many ways by launching developments that stabilize the government spending, reducing poverty, improving efficiency of the ministries that had been weakened, and upgrading private projects.
I think this event might effect the world because it tells us that a few countries are still living in poverty because of how the politicians used their country’s money for their own needs or other reasons. If these countries are not helped, who knows, some of them might be so poor that they can’t afford almost anything. Then the world won’t be the same as it is.
For the original article, click here
Posted in Social Studies | | | 2 Comments
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