A former presidential aspirant of the African Democratic
Congress, Kingsley Moghalu has identified three reasons 100 million Nigerians
live in poverty.
Moghalu on his Twitter page said most Nigerians live in
poverty due to fraud, corruption and sheer criminality.
According to him, the biggest sources of those crimes which
lie in the petroleum industry and the forex market are managed by government
institutions.
“Fraud, corruption and sheer criminality is the biggest
reason why 100 million Nigerians live in poverty.
“The biggest sources of these crimes lie in the petroleum
industry and the forex market, both managed by government institutions,” he
wrote.
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