Despite growing investment, the nation still is only meeting 20 percent of its current electrical power needs. Nigeria remains, to a considerable extent, a divided nation, of north and south, oil-producing states and non-oil producing states. Boko Haram and related groups remain a threat to its stability. According to the latest report by Transparency International’s Corruption Perceptions Index 2013, Nigeria ranked 144th, out of 177 nations in the world.
Most troubling is the gap between rich and poor. Despite its economic growth rate of about 7 per cent over five years, Nigeria, faces the failure of translating growth into poverty reduction and reduced social inequality. While there is purportedly a growing “middle class”, it is still dwarfed by the millions in poverty, living on less than $2 a day. The Minister of Health, Prof. Onyebuchi Chukwu, has said no fewer than 210, 000 Nigerians die of HIV/AIDS every year, saying Nigeria is the third largest population of people living with the disease in the World.