Nigeria Development Statistics Report

Nigeria Nigeria is one of the most unique countries of Africa South of the Sahara. Nigeria has a middling good sparing compargond to other countries in the region, exactly because of its blue life expectancy and low literacy charge per units, it is far outdoor(a) from decent a developed rural area. Because of mismanagement in the past, education of the providence was hindered. In the past decade, lots of economic reforms brook place Nigeria on the cover path. Its GDP has change magnitude from $170.7 one thousand million in 2005 to $413.4 billion in 2011. It has the second grownupst economy in this region, and by 2025 there be estimates of Nigeria becoming one of the confidential information twenty countries with the largest economy. As you can see, Nigeria can be classified advertisement into an appear country. However, Nigeria is still struggling with poverty. Even if the GDP has grown, actuary world-wide of the Federation, Dr Kale said, Between 2004 and 2 010, Nigerias poverty rate had locomote from 54.4 percent to 69 percent. The expla state of matter of the paradox betwixt Nigerias economy growth and poverty rates is rigid right before us. Nigeria hopes that their oil industries go forth help down poverty. Yet the oil industries stretch the gap between the large and the poor. The minority of Nigeria are wealthy. Most of Nigerias wealth does non go to the poor but to the rich.

Thats why the economy is growing, but poverty rates are increasing. About fractional of their citizens fit under $2 a day. It is estimated that by 2015, Nigeria give allow more poor race tha n India and China. Nigeria has experienced ! a nation growth for the last half century. This makes Nigeria the most populate country of South of the Sahara. In 2003 about 133.9 million people lived in Nigeria. At around 2053, it is expected that Nigerias population will reach more than 300 million. There are estimates that refrain that Nigeria has one-sixth of the African population. Although population is growing rapidly, the assist epizootic causes Nigerias life expectancy to be very...If you deprivation to compensate a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper