{"id":23971,"date":"2014-03-07T15:03:44","date_gmt":"2014-03-07T14:03:44","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=23971"},"modified":"2014-03-07T15:05:59","modified_gmt":"2014-03-07T14:05:59","slug":"nigeria-earned-600bn-from-oil-in-53-years-ezekwesili","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/nigeria-earned-600bn-from-oil-in-53-years-ezekwesili\/","title":{"rendered":"Nigeria earned $600bn from oil in 53 years \u2014 Ezekwesili"},"content":{"rendered":"
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N<\/b>igeria<\/b>\u00a0has so far earned over $600 billion from oil in the last 53 years.<\/p>\n

This claim\u00a0 was made, yesterday, by\u00a0 Oby Ezekwesili,\u00a0 a former\u00a0 Vice President of the World Bank and one time\u00a0 Minister of Education while delivering a key-note address at the\u00a0 All Progressives Congress, APC,\u00a0 National Summit in Abuja.<\/p>\n

She lamented that despite this huge oil revenue which was higher than what Europe needed to transform its economy, Nigeria\u2019s Human Development Index, HDI, still remained dismal and comparable to that of Chad.<\/p>\n

She also declared that the nation\u2019s mortality rate was comparable to that of Afghanistan.<\/p>\n

Commenting on the problem posed by corruption to the nation\u2019s development, she said a recent survey by Transparency International indicated that 75 per cent of Nigerians believed that the government\u2019s fight against corruption was not effective.<\/p>\n

She also accused the\u00a0 nation\u2019s political class\u00a0 of lacking the milk of human kindness ever since terrorist activities escalated in the Northern part of the country three years ago.<\/p>\n

She declared that anybody who profited from the killings that had been going on the Northern part of the country must face judgement before God.<\/p>\n

Ezekwesili also stated that the origin of Nigeria\u2019s many problems laid with the nation\u2019s elite.<\/p>\n

She advised the political class that its interest should not be just how to grab power, adding that they needed living people as citizens in the society they wished to govern.<\/p>\n

The former World Bank chief also counselled the political class to consider addressing the structure of the nation since it had become obvious that Nigeria\u2019s problem laid in its faulty foundation<\/p>\n<\/div>\n<\/div>\n

– See more at:\u00a0\u00a0http:\/\/www.vanguardngr.com\/2014\/03\/nigeria-earned-600bn-oil-53-years-ezekwesili\/#sthash.uFsGJY3v.dpuf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Nigeria\u00a0has so far earned over $600 billion from oil in the last 53 years. This claim\u00a0 was made, yesterday, by\u00a0 Oby Ezekwesili,\u00a0 a former\u00a0 Vice President of the World Bank…<\/p>\n","protected":false},"author":1,"featured_media":23972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-23971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nNigeria earned $600bn from oil in 53 years \u2014 Ezekwesili - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/nigeria-earned-600bn-from-oil-in-53-years-ezekwesili\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria earned $600bn from oil in 53 years \u2014 Ezekwesili - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Nigeria\u00a0has so far earned over $600 billion from oil in the last 53 years. 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