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Few Nigerians in 5 states, FCT, own majority of Nigeria’s wealth — Buhari
President Muhammadu Buhari, today, lamented the widespread inequality in Nigeria, stating that a significant proportion of the country’s wealth is concentrated in the hands of a few Nigerians.
Speaking in Abuja, at the opening session of the 25th Nigerian Economic Summit, NES, Buhari disclosed that these few wealthy Nigerians are based in only five states of the federation and the Federal Capital Territory, FCT.
He, however, noted that the Federal Government was putting in place measures to promote inclusiveness, noting that over the last four years, the government had been focused on lifting a large percentage of Nigerians out of poverty, uplift the disadvantaged and encourage inclusivity. Wealth, prosperity not same He said,
“Today, many mistake prosperity with wealth. They are not necessarily the same. Experts and analysts explain economic trends by making references to indicators of wealth. Wealth, however, in its simplistic form, is money or other assets.
In recent years, global events have shown that when a society and its leaders are driven and motivated by these alone, the ultimate outcome is a divided state of severe inequalities. “But a prosperous society is one where the majority of its citizens have an acceptable standard of living and a decent quality of life. “Nigeria is a country with close to 200 million people living in 36 states and the FCT.
A significant proportion of Nigeria’s prosperity today is concentrated in the hands of a few people living primarily in four or five states and the FCT. Some of the most prosperous Nigerians are here in this room.”
Buhari further noted that from his recent visits to the United Nations, Niger Republic, Japan and South Africa, he observed the increased consensus by leaders, both government and in the public and private sectors, that to address population growth, security and corruption matters in developing economies, policies and programs must focus on promoting inclusivity and collective prosperity.
According to him, this shift implies that the concept of having competitive free markets that focus on wealth creation alone would be replaced by those that propagate the creation of inclusive markets which provide citizens with opportunities that will lead to peaceful and prosperous lives.
Only local solutions can solve Nigeria’s problems Furthermore, he advised participants at the summit to adopt proposals that are productive, inventive and innovative, adding that they should also be wary of the fact that Nigeria’s unique challenges can only be solved by made in Nigeria solutions.
“As a government, we very much look forward to our continued collaboration with the private sector in designing and implementing developmental projects that will keep Nigeria on track for sustained, inclusive and prosperity driven growth.”
Vanguard
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Daughters of Dr. Charles Ononiwu, Chiamanda and Chiamaka, Launch Debut Books to Uplift Hearts Facing Life’s Struggles
Joel Ajayi
At just 18 and 20 years old, Chiamanda and Chiamaka Ononiwu — daughters of renowned Nigerian surgeon Dr. Charles Ononiwu — have achieved a remarkable milestone with the release of their debut inspirational books, Do Not Be Afraid and Waterfalls.
Their literary journey began six years ago, during the height of the global COVID-19 pandemic. While the world was engulfed in fear and uncertainty, the then 13- and 15-year-old sisters turned inward, using writing as an outlet to process their emotions, express their faith, and reach out to others with messages of hope and resilience.
What began as a quiet act of creativity blossomed into two powerful books that now serve as beacons of light for readers navigating life’s storms.
Eighteen-year-old Chiamanda Ononiwu is the author of Do Not Be Afraid. A passionate Electrical Engineering student , she is also a proud alumna of Intellichild TLC and Valedictorian of Great Blessings School, Class of 2022.
In her book, she addresses the emotional challenges many young people face and draws from her personal faith to offer guidance and encouragement.
Her elder sister, Chiamaka Ononiwu, 20, is a final-year medical student at Babcock University in Nigeria. She penned Waterfalls, a heartfelt and deeply spiritual work she describes as divinely inspired. Chiamaka views her writing as a calling — a mission to uplift souls and bring hope to those struggling with life’s challenges.
“Personally, I would say it all started with the idea of inclusion, inspired by real human experiences,” Chiamaka shared. “We’ve had conversations with people who’ve gone through difficult situations — including issues and those stories helped shape what I write today.”
She added, “It’s all about encouraging people to face life with faith. We began this journey during a dark time in the world, and I felt called to create something that could offer comfort and hope — not just locally, but globally.”
The official book launch and signing ceremony took place on Wednesday in Abuja, Nigeria’s capital, and was attended by family, friends, colleagues, and well-wishers. It was a celebration of creativity, faith, and youthful brilliance, as the sisters presented their work to an inspired audience.
Speaking at the event, Chiamaka emphasized the core message of her book: “Waterfalls reminds readers that God is always watching over His people. He doesn’t bring fear — He brings peace, hope, and love. I want readers to find comfort and assurance in that truth.”
For Chiamanda, her book is a message to young people who may feel overwhelmed by life’s pressures: “Do Not Be Afraid is especially for youth navigating difficult times. No matter how hard life gets, you can always find strength and direction in God’s word.”
Writing came naturally to both sisters. Chiamaka recalled, “Even as a child, I loved writing short stories for my siblings. When the opportunity came to publish, I knew it was time to share my message with a wider audience.”
Despite their demanding academic paths, both young women balanced their studies with writing through perseverance and faith.
Chiamanda and Chiamaka are united by a shared dream — to inspire people across the world with their writing.
Chiamaka expressed Further; “Our biggest hope is that these books will reach people who need to know that God is real, that He’s always with them, and that through Him, anything is possible,” Chiamaka said.
With Do Not Be Afraid and Waterfalls, the Ononiwu sisters have not only created literary works — they’ve created lifelines. Their voices, grounded in faith and driven by purpose, remind readers everywhere that even in the darkest moments, God’s light never fades.
Their father, Dr. Charles Ononiwu — a distinguished surgeon and deeply devoted parent — also spoke at the event, sharing the journey from his perspective.
“For me, my number one priority has always been to care for children — not just medically, but also by encouraging them academically and in the basics of life,” he said.
He recounted a moving moment with Chiamanda, who approached him with the idea of sharing her story publicly to inspire others.
“She came to me and said she wanted to talk to her peers, to share how she had been comforted, and to help them see that everything would be okay,” he recalled. “As a father, my role was to guide her. I support both of them, help activate their strengths, and provide direction.”
Dr. Ononiwu made the decision to fund the publication of their books himself, believing in the power of their message.
“I told them, ‘You have something the world needs. You can make an impact in the lives of others,’” he said. “I believe every child has a gift. It is our responsibility as parents not to dismiss them, but to help them discover and nurture their talents.”
He encouraged all parents to support their children’s creative pursuits, noting, “Every person has something special inside them — no one is without talent. It’s just a matter of looking inward, discovering that gift, and sharing it with the world.”
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