Why is Nigeria considered a third-world country?

Answer 1

Short answer: not really. Long answer: Ghana is ranked 135th out of 187 countries in the world by HDI (Human Development Index) according to the latest release of the Human Development Report, making it a 'medium developed country' only slightly below the world average for development. Ghana is certainly not a 'first world country' in the modern usage, but does not suffer from the kinds of human rights abuse, intense poverty, and pronounced international exploitation that cripple many 'third world' countries. For comparison, Ghana as a nation is ranked above India, Nepal, and Liberia in terms of development, but below China, Egypt, and Iraq. In terms of human rights, however, Ghana tends to be ranked quite well, so most of its low HDI is due to its horrible economic situation.

Answer 2

Because it lacks a significant middle class. Third world countries most commonly will have a small wealthy elite, and large part of the population (as much as 80 or 90) percent living below the poverty line.

Answer 3

Nigeria is a middle class country that is vastly undergoing massive development status in order to be considered a developed country

Answer 4

yes it is considered a third world country

Answer 5

No Nigeria is a developing country. In fact it is the richest country in Africa (considering it's recent GDP calculations)