- More millionaires will be produced in Nigeria by 2023, more than any country in Africa
- The country is outperforming its peers in Africa as it leads the chart with a 16.3% growth rate
- The report is based on Africa Fact Zone stats which placed countries like China and Ukraine behind Nigeria
Despite the continuous fall of Nigeria's currency to the US dollar, Lauretta Onochie, an aide to President Muhammadu Buhari on social media, has said the country is producing "US Dollar millionaires at a faster rate than any other country in Africa."
The controversial media aide, in a tweet on Tuesday, February 2, said emerging stats have proven that against all odds, Nigeria is outperforming its peers in Africa in the "US millionaire growth rate" across the world.
Onochie, citing a report of Africa Facts Zone, said the country is growing by 16.3%, compared to the others on the log.
"Nigeria is creating US Dollar Millionaires at a faster rate than any other country in Africa.
By 2023, Nigeria is expected to have the highest US Dollar Millionaires growth rate in the world at 16.3%."
Although, no parameter was given for the stats, Legit.ng, however, notices that China, Poland and India are behind Nigeria on the list which suggests more dollar millionaires may be produced in the country by 2023.
1. Nigeria 16.3%
2. Egypt 12.5%
3. Bangladesh 11.4%%
5. Vietnam 10.1%
6. Poland 10%
7. China 9.8%
8. Kenya 9.8%
9. India 9.7%
10. Philippine 9.4%
11. Ukraine 9.2%
Meanwhile, the federal government has approved the inauguration of cash transfer of N20,000 to each of 3,500 rural women in 20 local government areas of Ogun state.
The approval was given on Saturday, January 31, minister of the humanitarian affairs and disaster management Hajiya Sadiya Farouq during a programme at the Obas Complex in Abeokuta.
Hajiya Farouq said the grant was designed “to give a lifting hand to some of the poorest and most vulnerable citizens.
The minister noted that poverty reduction is a goal of the President Muhammadu Buhari-led government, adding that amelioration efforts have been channelled towards the poorest and most vulnerable citizens.