Nigeria has 40x more people, 3x more land area, better climate, more natural resources, better agricultural land, more young people etc. Despite all these advantages, why do Nigeria and Norway have a similar GDP? The only advantage that Norway has is that it is more ethnically homogeneous than Nigeria but I don’t think it makes up for all the advantages that Nigeria has. I don’t think colonialism is the answer as countries like Singapore and South Korea have become wealthy nations despite getting independence at around the same time as Nigeria. Nigeria also has 5x more proven oil reserves than Norway which is Norway’s primary export.
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Yeah but worth noting 42% of the country is under 14. The population boom there is insane