With a yearly gross domestic product (GDP) per capita of $6,207, the World Bank said Nigeria ranks 146th out of 191 countries. The bank, in its May 2025 edition of Nigeria Development Update (NDU), launched last week in Abuja, said Nigeria’s annual GDP is equivalent to just 4.4 percent of the per capita income of the leading country, Singapore, or 30 percent of the leading African country, Botswana.  The report said that though Nigeria’s economy is gradually picking up, it must accelerate on a sustained basis to reduce poverty and meet the aspirations of Nigerians. . ...............   READ MORE