Nigeria: Commerce and poverty

At least 12 new private jets ordered by rich Nigerians will be delivered this year and private jet manufacturers will deliver 70 more within the next five years. The state-of-the-art private jets are being flown by professionals, politicians and even pastors. Each jet will cost between $30m and $65m. Many are optimistic about the business aviation market but it takes time. Infrastructure is needed. Meanwhile on Tuesday the Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, has reiterated the need for the Nigerian economy to grow faster in order to turn the tide on poverty. She said the chronic lack of electricity across the nation holds back businesses. ‘In the villages there are welders, plumbers and carpenters telling us their problem is uncertainty of power supply.’ Solving this power deficit would give a huge boost to Nigeria’s economy. She added Nigeria's rapid growth faced ‘vulnerabilities’. See also:

Pray: into the vulnerabilities of: poor infrastructure, corruption in business, terrorism attacks on the church, government and education systems. Pray for God to turn around Nigeria’s stunted growth. (Is.1:4)

More: http://www.thisdaylive.com/articles/okonjo-iweala-nigeria-must-turn-the-tide-on-poverty/175131/