The President, Dangote Group, Aliko Dangote, has said that more than 100 million out of the country’s estimated population of 187 million are wallowing in poverty.
He told participants at the Executive Course No. 38, 2016 of the National Institute for Policy and Strategic Studies, Kuru, near Jos, Plateau State, that the situation was unacceptable to him given Nigeria’s abundant resources, according to a statement made available on Sunday.
Delivering a paper entitled: ‘Promotion of local manufacturing and poverty reduction in Nigeria: The private sector experience and policy options’, he said, “It is a curious paradox that Nigeria, Africa’s largest oil producer, and the largest economy on the continent, also has one of the highest levels of poverty.
“It is estimated that more than 100 million out of a population of 187 million Nigerians live below the poverty line.”