Niger, Benin, Mali, Cameroun more prosperous than Nigeria – Global Report
Despite its latest status as Africa’s biggest economy, and its government’s claim of improved standard of living, Nigeria was not only one of the world’s least prosperous countries in 2014, but also one of Africa’s poorest beaten by smaller nations like Niger, Benin, Mali and Cameroun, an annual global prosperity survey released this week has said. The report, published by UK-based Legatum Institute, a research organization that documents annual prosperity indicators around the world, listed Nigeria as the 125th out of 142 countries surveyed. Remarkably, Nigeria failed to make the list of Africa’s top 10 most prosperous countries, a league dominated by Botswana and South Africa. Other countries in that bracket, listed from third and below, are Morocco, Namibia, Tunisia, Algeria, Ghana, Rwanda, Burkina Faso, and Senegal. Nigeria fell to 27 in Africa in 2014, nose-diving 22 places from its ranking in 2011, the report said. In between the top 10 countries and Nigeri...