Finance minister, Ngozi Okonjo Iweala has offered a sobering view of the country's economy on Monday, saying growth has mostly benefited the rich and failed to generate enough jobs.
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She told a forum of business leaders that the country's economy likely grew at 6.7 percent in 2013, in line with the seven percent average over the last decade.
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"It is clear that the top five to 10 percent is capturing most of whatever growth there is and people at the bottom are being left behind," said the former managing director at the World Bank.
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The minister told delegates that an estimated 1.6 million jobs were generated over the last 12 months but that this was an inadequate number in the country of roughly 170 million people.
The poor are still getting poorer and the rich are getting richer. That is just what is going on now