Nigeria, Nov. 12 -- Senegalese-American singer and songwriter Akon has shared his views on why Lagos State has not emerged as the world's financial capital.

In an AI-curated video on his Instagram page on Tuesday, the 52-year-old attributed the state's shortcomings to the Nigerian government.

The record producer, entrepreneur, and philanthropist argued that had Nigeria retained 100 per cent of its oil revenues since gaining independence in 1960, the country could have accumulated trillions of dollars.

In the video, Akon, who rose to international fame in 2004 with the release of "Locked Up" featuring Styles P, stated: "What if Nigeria had kept 100 per cent of its oil money since 1960 instead of letting Shell and Exxon take it? We're ta...