Challenges of oil producing countries with poor rankings: the internal and external challenges of Nigeria and Russia

Abstract

The oil producing countries are suppose to be the world leaders both in economic and social aspect but, according to countries social rankings, it's surprising that most of these countries are very low in ranking. The article looks into the challenges affecting some of these countries (Nigeria and Russia) by analyzing the prosperity index of these countries according to their social aspect. In conclusion, the authors assume that eradicating or minimizing the problems and increase in social policy activities by the governments can go a long way in improving the social life of citizens of these countries and thereby increase their ranking prosperity indexes.