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Awash in oil, yet its people, for the most part, are destitute. Nigeria discovered 'liquid gold' half a century ago and today is the world's eighth largest oil exporter.
But the country is plagued by corruption, inefficiency, underdevelopment and an uprising in its Niger Delta region - the area where most of its oil reserves are located.
So why, some 600 billion dollars later, are Nigeria's people still among the poorest in the world? Is it the 'resource curse' or something more?
On Tuesday's Riz Khan, Nigerian Nobel Laureate Wole Soyinka joins the programme.
Considered by many to be one of Africa's greatest writers, he was placed in solitary confinement for his pursuit of peace during Nigeria's civil war.
Photo-journalist Ed Kashi whose new book Curse of the Black Gold: 50 Years of Oil in the Niger Delta will also join the programme.
Watch part two of this episode
This episode of the Riz Khan show aired on Tuesday, July 22, 2008.
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