A nation betting against itself: Nigeria’s dangerous preference for gambling over investment threatens any hope of economic transformation.
There is a cruel irony embedded in Nigeria's economic predicament. A nation desperately short of capital for infrastructure, enterprise, and innovation is home to 60 million daily gamblers who collectively wager $5.5 million every day—approximately $2 billion, or ₦2.9 trillion, annually. Meanwhile, fewer than three million Nigerians participate in the formal capit
A nation betting against itself: Nigeria’s dangerous preference for gambling over investment threatens any hope of economic transformation.
There is a cruel irony embedded in Nigeria's economic predicament. A nation desperately short of capital for infrastructure, enterprise, and innovation is home to 60 million daily gamblers who collectively wager $5.5 million every day—approximately $2 billion, or ₦2.9 trillion, annually. Meanwhile, fewer than three million Nigerians participate in the formal capit
