September 20, 2018

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Nigerians have no business being poor – NEITI boss

Nigerians have no business being poor – NEITI boss

Mr Waziri Adio, the Executive Secretary, Nigerian Extractive Industries Transparency Initiative (NEITI), on Tuesday said that there was no reason for Nigeria to have 110 million people living in poverty.

“With the kind of money Nigeria made from oil in the past decades, there is no reason it should have 110 million poor people,’’ Adio said during a visit to the News Agency of Nigeria (NAN) in Abuja.

The NEITI boss said that the visit was aimed at renewing collaboration between the two organizations to end corruption, impunity and mismanagement in the country’s oil, gas and mining revenues Adio said for years, Nigeria enjoyed being an oil producing nation and reaped trillions of dollars in oil wealth, yet did not reach all levels in the society due to mismanagement and corrupt practices. Read more

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