Vice-President Yemi Osinbajo has said 10 of the 32 states in Nigeria have bigger gross domestic capital (GDP) than some African countries.
He said this on Sunday when he was visited by a group of Harvard Business School students at the presidential villa, Abuja.
The vice-president said Nigeria should not be compared with smaller African countries in terms of economic prosperity.
“First, there is a need to appreciate the size of the country, which is crucial to understanding what the issues are.
“Just looking at these values, there is a great deal of unanimity about what is the right thing to do,” he said.
“The question is whether or not you will do those things, or whether you are motivated enough to do them, or whether you are compelled to do them.
“Spirituality helps in that sense to help you to decide what to do and what not to do; especially where institutions are not strong enough to restrain people from behaving in a particular way or not.
“I came into government with values about what I think is important, especially around transparency, social justice, and justice, among others. You are almost always a product of the values you believe in.
“Fortunately, a lot of these values cut across the different faiths, they are not necessarily restricted to religion or one faith. In societies that are more developed institutionally, you don’t need to be told that you shouldn’t do certain things, because you could end up in jail.
“If you do and there is a good likelihood that you could be detected and the process will go through and you will be punished.
“I speak about corruption and all that; but where the institutions are weak, some people have reasons for not doing the right thing.”
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