The British Prime Minister, Theresa May on Tuesday said that Nigeria, despite its wealth, was the home of the highest number of poor people in the world.
Mrs. May said this in Cape Town, South Africa, pointing out that 87 million Nigerians were living below the poverty line of $1 and 90 cents per day.
She stated that Africa was home to a majority of the world’s fragile states, and a quarter of the world’s displaced people, noting that achieving inclusive growth was a major challenge across the world.
May said, “Much of Nigeria is thriving, with many individuals enjoying the fruits of a resurgent economy, yet 87 million Nigerians live below $1 and 90 cents a day, making it home to more very poor people than any other nation in the world.”
According to the British Prime Minister, Africa needs to create 50,000 new jobs per day to keep employment rate at its current levels till 2035.
She added, “I am unashamed about the need to ensure that our aid program works for the UK.
“Today I am committing that our development spending will not only combat extreme poverty but at the same time tackle global challenges and support our own national interest.
“It is in the world’s interest to see that those jobs are created, to tackle the causes and symptoms of extremism and instability, to deal with migration flows and to encourage clean growth.”
Historic corruption in Nigeria has kept away from the commonplace people the fruits of being citizens of the world’s 7th largest exporter of crude oil.