Wealth of 5 richest Nigerians can end extreme poverty in Nigeria - The Drum Online

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Wednesday 17 May 2017

Wealth of 5 richest Nigerians can end extreme poverty in Nigeria


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.

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