Nigeria Is Not Rich - Buhari

President Muhammadu Buhari has said that the widely held belief that Nigeria is a rich country by people across the world is erroneous.

Nigeria, he said on Monday, “is not a rich country.”

He said the reality was that that impression was wrong.

A statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, quoted the President as speaking while granting an audience to the outgoing President of the African Development Bank, Dr. Donald Kaberuka, inside the Presidential Villa, Abuja.
The President said information at his disposal showed that the country’s social services had to be seriously rehabilitated.

He said his administration would fall back on institutions like the AfDB for support in generating employment, especially using the agricultural sector.

Buhari said, “An impression has been erroneously created that we are a rich country, but looking at the economic profile of the country today, you will see that that is not necessarily the case.

“Our social services have to be seriously rehabilitated. We need urgent attention in areas like education and health services, not only in the north-eastern part of the country, but all round the country.”

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