Nigeria has been ranked among the seven worst countries in the newly released World Bank’s Human Capital Index.
In the index that was released on Thursday at the World Bank-IMF Annual Meetings, in Bali, Indonesia, Nigeria ranked 152 out of 157 countries on the list.
Nigeria shared the bottom of the index with countries like Chad, South Sudan, Niger, Mali, Liberia.
According to the World Bank Group president, Jim Yong Kim, Nigeria is an example of an oil-rich country that neglected its education system.
He added that even then, most of the funds come from the World Bank and other donors, with only a small amount from the finance ministry.
Kim said, “Too many African countries say they are working hard to get rich and then they will spend on health and education. What we are saying is that they need to focus on health and education now.”
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