Nigerias 24 trillion economy and the myth of poverty

By Samuel Caulcrick Nigeria is not poor. Nigeria’s resource distribution is badly allocated, which is Pareto inefficient, slowing national growth and harming both the rich and the poor. That distinction matters because it shifts the conversation from “how do we get richer” to “how do we share better for a better bargain for all.” The latest […] The post Nigeria’s $2.4 trillion economy and the myth of poverty appeared first on Vanguard News .