Daniar Shayakhmet 
Government 
Mr. Tyvand 
27/11/14 

The Nigerian Paradox 
 
Nigeria is Africa’s gemstone in terms of natural resources its land possesses; Nigeria is  8th in the world for oil and gas reserves and it also has eighth largest population in the world.  However, abundance of natural resources and huge work force only gave a prospect for a bright  future. Today Nigeria is considered to be a less developed country (LDC) with  few families  controlling all the wealth. But first, we need to define a less developed country in order to call  Nigeria one, “A country that is considered lacking in terms of its economy, infrastructure and  industrial base. The population of a lesser­developed country often has a relatively low standard  of living, due to low incomes and abundant poverty,” according to Investopedia. Nigerian  op...

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