Nigeria is Not a Rich Country - President Buhari Stresses

 President Muhammadu Buhari has said that statement that Nigeria is a rich country is an exageration because all the indices and parameters of evaluating a rich country such as economic advancement, improved social services were lacking.

He however enjoined the Nigerian elites to be prepared to make sacrifice to rescue the country.

The president spoke when he received the outgoing President of the African Development Bank (AfDB) Dr. Donald Kaberuka and other officials of the bank.

He said the privileged and influential citizens clearly have to do more now than in the past to help the country deal successfully with its economic and security problems.

He said: “With the shock of falling oil prices, lack of revenues, and insecurity, the Nigerian elites must now wake up and provide the right guidance in their communities, and also lead the economy on the right path more than they used to do”.

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