Tag: Poverty

  • 2023: Hold me responsible if we don’t turn Nigeria around – Peter Obi

    2023: Hold me responsible if we don’t turn Nigeria around – Peter Obi

    Peter Obi, presidential candidate of Labour Party (LP) has promised to build a new Nigeria devoid of mass poverty and criminalities if elected in the 2023 general election.

    Obi said this on Wednesday at his presidential campaign rally in Makurdi, pledging to ensure that youth were gainfully engaged by empowering them with skills.

    He promised to invest heavily in education and ensure that unemployment became history in Nigeria.

    Obi also pledged to address the security challenge bedevilling the country, especially Benue, to ensure quick return of Internally Displaced Persons (IDPs) back to their ancestral homes.

    “We will secure and bring peace to Benue so that those at the IDP camps will go back to their homes and farms and we will support them in production.

    “Benue will be supported to become an exporting state considering that it is an agriculturally rich state,” Obi said.

    He promised that Rivers Benue and Niger would be dredged to enhance water transportation in Nigeria, promising also to end crude oil theft in the country for the benefit of all Nigerians.

    “With Obi and Datti, a new Nigeria is possible and I dare to say that Nigerians can hold me responsible if we do not turn Nigeria around for good,” he said

    Also speaking, the state LP governorship candidate, Mr Heman Hembe promised regular payment of workers salaries in the state.

    The state LP Chairman, Mr Ibrahim Idoko, said Obi has demonstrated competence and capacity to lead the country, assuring that voting him as president would turn Nigeria from a consumer to a producer nation.

  • 2023: APC has made Nigeria world capital of poverty -Okowa

    2023: APC has made Nigeria world capital of poverty -Okowa

     

    …says only PDP can reset Nigeria to working ways

    Peoples Democratic Party Vice Presidential Candidate and Governor of Delta, Ifeanyi Okowa, on Thursday said the All Progressives Congress, APC has led the country into becoming world poverty capital.

    Speaking at the inauguration of the Delta State PDP Campaign Council in Asaba, Okowa said only a party with relevant experience like the PDP could truly rescue, rebuild and reset the country into working again for the good of citizens.

    He said that with the very poor state of the country only experienced leaders like Atiku Abubakar could bring Nigeria out of the current state of despondency caused by the incompetent and inept APC led Federal Government.

    “There is only one team that can deliver Nigeria out of where we are and that is the Atiku-Okowa ticket.

    “I have looked at all of them and ordinarily they would have been capable in a country that works but we are now in a country that is not working so you need those who know what to do.

    “It is the Atiku-Okowa ticket of the PDP that can take us out of where we are and move us forward.

    “PDP won’t lie to Nigerians, we have a difficult task but working with Nigerians we will get the country working again,” he said.

    He said the APC had led the country into a downward slide and assured the people of PDP’s mission to rescue and rebuild the nation.

    “The APC has not done well for this nation, they have taken us into troubled times, they have made our people lose jobs, our people have lost their businesses, they have led us to insecurity.

    “The only way they can possibly find a pathway to campaign is to lie but it is not good when people come out to lie in such a manner that even the blind will know that they are lying.

    “They lied that we haven’t done anything in Asaba what about the storm drainages that prevented flood water from taking over people’s houses like it used to be in the past?

    “What about the State Secretariat which is the best and most functional we have seen in the country.

    “What about the Dennis Osadebay University, the Film Village and Leisure Park that will be inaugurated in January by our Presidential candidate, Atiku Abubakar? It will attract a lot of tourists to this state but they can’t see it.

    “What about the roads, the flyover and interchange that we are helping the Federal Government to build?

    “What we need to do is to pray for them that they may see because apparently they are blind and they are not seeing but if you pray for them they will start to see.

    “So let us go put there and convince the people to vote for us because it is a great opportunity to rescue this country and take it up into greater heights.

    “They have driven us down the valley, we want to rise, its a tough task but Atiku Abubakar and I have accepted that working with all PDP members and all stakeholders in Nigeria including the organised private sector collectively we are able to take Nigeria back out of that valley and take it to greater heights,” Okowa stated.

    Governorship candidate of the party and Speaker of the State House of Assembly, Chief Sheriff Oborevwori commended Okowa for his political sagacity and adroit leadership skills which he had deployed in managing the affairs of the party since 2015.

    He said the massive achievements of Governor Okowa had made campaigns easier for the party in the state.

    He took a swipe at Omo-Agege, saying his tenure as Secretary to the State Government was characterised by parochialism, greed, abuse of power, and undemocratic tendencies.

    Deltans do not need a despot like Omo-Agege, but a liberal, broadminded, and selfless leader like myself who stands for equity and fairness.

    He said his M.O.R.E Agenda: Meaningful Development, Opportunities for All, Realistic Reforms, and Enhanced Peace and Security was geared towards consolidating and extending the gains of the current administration.

    “It is designed to continue and expand the infrastructural and human capital development programmes of the Okowa administration.

    “The vision is to keep Delta State ahead in all aspects of social and economic well-being and it is my promise to all Deltans that I will listen more, do more, and achieve more,” he stated.

    State Chairman of the party, Chief Kingsley Esiso said the ceremony marks the commencement of the party’s campaign to the Presidency and Government House Asaba.

    He slammed the Deputy President of the Senate and APC Governorship candidate Senator Ovie Omo-Agege for not using his acclaimed capacity to influence the reconstruction of the various federal roads in the state.

    He said Omo-Agege’s self-acclaimed capacity was to influence projects to his own Orogun community to the detriment of other communities in his Senatorial District.

    He urged members of the Campaign Council to concentrate on their various units, wards and local governments and work hard to woo more people to the party.

    “We have started our campaign that will lead to the rescue and resetting of Nigeria. There is no doubt that the APC has failed Nigerians as prices of commodities have gone beyond the reach of the common man,”

  • FG set to lift 100m Nigerians out of poverty – Sambo

    FG set to lift 100m Nigerians out of poverty – Sambo

    The Minister of Transportation, Mu’azu Sambo, has said that the Federal Government is set to generate 21 million full time jobs and lift 35 million people out of poverty by 2025.

    Sambo, in a statement by his Special Assistant on Media and Publicity, Dr Sam Idiagbonya, disclosed this on Friday at the ongoing 2022 Ministerial Retreat at Uyo, Akwa Ibom.

    According to him, the transportation sector is setting the stage for achieving the government’s commitment of lifting 100 million Nigerians out of poverty in 10 years.

    Sambo said infrastructural gaps that existed in the sector necessitated the development of the National Development Plans; Medium-Term Development Plans 2021-2025 and a Long-Term Plan called the Nigeria Agenda 2050.

    “This is to invest massively in infrastructure, ensure macroeconomic stability, enhance the investment environment, improve living conditions and implement climate change mitigation.

    “This will generate 21 million full time jobs and lift 35 million people out of poverty by 2025, thus setting the stage for achieving the government’s commitment of lifting 100 million Nigerians out of poverty in 10 years.

    “The plans are aimed at accelerating the growth of the transportation sector in the country with a strategic Medium-Term Vision Statement.

    “I am well aware that you are all conversant with these high level goals, as they have become a blueprint for tracking performance towards the delivery of our mandates.

    “They have also helped in addressing the bottlenecks militating against the growth of the transportation sector and stimulating domestic growth ” Sambo said.

  • Ukraine war pushed 4m children into poverty – UNICEF

    Ukraine war pushed 4m children into poverty – UNICEF

    The war in Ukraine and rising inflation have pushed an additional four million children across eastern Europe and Central Asia into poverty.

    The United Nations Children’s agency UNICEF said in a report released on Monday.

    The figure, representing a 19 per cent increase since 2021, showed that children were “bearing the heaviest burden” of the conflict, UNICEF said.

    The study includes data from 22 countries in the region. The impact of the war has been particularly severe for children in Russia and Ukraine.

    In Russia, an additional 2.8 million children live in households below the poverty line, according to the study.
    In Ukraine, half a million additional children were living in poverty, followed by Romania with an additional 110,000 children.

    The UNICEF warned that sharp increase could result in an additional 4,500 children dying before their first birthdays.

    Regional director for Europe and Central Asia Afshan Khan said the economic consequences of the war were having a devastating impact on children.

    “Children all over the region are being swept up in this war’s terrible wake. “If we don’t support these children and families now, the steep rise in child poverty will almost certainly result in lost lives, lost learning, and lost futures.”

    One in three children born and raised in poverty will live their adult lives in poverty, leading to an intergenerational cycle of hardship and deprivation, the study noted.

    “We have to protect and expand social support for vulnerable families before the situation gets any worse,” Khan said.

  • Ikeja Chamber of Commerce unveils platform to tackle poverty

    Ikeja Chamber of Commerce unveils platform to tackle poverty

    The Ikeja Chamber of Commerce, Industry and Agriculture and the Responsible Leaders Concepts Ltd., announce that preparations have been concluded to inaugurate a “Video Wealth” project aimed at tackling unemployment and poverty around the world especially, in Africa.

    The “Video Wealth” provides an opportunity for young and old people alike to make money, using their phones and data, one of the organisers of the event, told newsmen.

    The Founder of Responsible Leaders Concepts and the President of Ikeja Chamber of Commerce, Industry and Agriculture, Amb. Dr. Edward Olutoke, said in a statement that the group had set up veritable and highly impactful platforms for the discovery, rewarding and promotion of talents in Nigeria and the world at large.

    He said that the platforms would give people the opportunity to turn their passion into videos which would turn to good money for them.

    “This project is for everybody, Justin anyone who has a phone and has not been making money with it, your phone is an asset to put money in your pocket not a liability.

    “We are taking internet money to the grassroots; to the people who really need it,” Olutoke said.

    According to him, this platform will be presented to the public in Lagos on Oct. 30 at Eko FM Hall, LTV Compound, Ikeja, Lagos, by 4p.m.

    He added that the same event would take place at Sharon Ultimate Hotels, Area 3, Garki, Abuja, on Oct. 31 by 5 p.m.

    “This is novel, it is fresh, it will take millions out of poverty. This is our own gift to Nigeria at 62.

    “It’s an assignment, we encourage all well meaning people in the world to join us in empowering our young people and linking many more people to the huge money making opportunities on the internet.

    “Interested members of the public who may not have the opportunity to be at the unveiling can access the free opportunity on www.videowealth.live.

    “Video content is the new gold and oil in the world, Africans should not be left out.

    “This new video wealth project is a game changer, it’s what you need to take a look at,” Olutoke said.

  • This is the face of poverty in Nigeria – By Owei Lakemfa

    This is the face of poverty in Nigeria – By Owei Lakemfa

    Poverty is often presented as statistics. But what the Yusufu Bala Usman Institute did on September 21, 2022 was to produce a book, The Face of Poverty in Nigeria, which focused on the faces behind the statistics.

    As one of the reviewers, I summarised the Nigerian situation thus: If you are poor in thinking, you are poor. If others think for you, you are poor. If you follow other people’s culture, you are poor. If foreigners decide your beliefs, you are poor. If others decide your economic policies and programmes, you cannot but be dirt poor.

    My argument is that poverty, which is the severe deprivation of a person resulting in his inability to meet the basic needs of life, manifests in various ways, situations and circumstances.

    In unveiling the actual faces of the victims, the publication reminds us that Nigeria is nesting on top of a volcano. If, like the research reveals: “Over 90 million people in Nigeria, (or) nearly 50 per cent of its population, are living in poverty”, then the volcano on which we sit, cannot but be an active one. That figure of over 90 million Nigerians in poverty, is the combined population of over 15 European countries, including Switzerland, Bulgaria, Norway, Denmark, Finland, Slovakia and Ireland.

    The poverty statistics is far grimmer if we realise that the book adopts as poor, anyone earning less than N377 per day rather than the World Bank’s $2.15 per day.

    Employment in a capitalist society, in many cases, determines whether a person lives in poverty or not. The Report states that 13.1 million are unemployed, while 11.3 million are underemployed. In a sense, this 24 million Nigerians are already sentenced to purgatory. More so when there is no unemployment benefit in the country.

    But even this class, has sub-classes and a gender dimension. The book states that while only 20 million of the total employed population of 46 million are women, less than a million women are in formal employment, while 95 per cent are engaged in the vagaries of the informal sector.

    It identifies one of the sub-classes as the dispossessed citizens who have weak access to good-quality public goods (infrastructure) and services, and limited voice in public policy making.

    If I may add, in most cases, the dispossessed have no hope in the future and some of them have an uncommon sense  of duty. Let me give an example. In the suburbs of Abuja, some of them dig up portions of the tarred road, purport to be engaged in community service by partially filling the resultant potholes with sand and then ask motorists who are forced to slow down at such places to give them alms to ‘appreciate’ their efforts at road repair.

    Yet, the rural poor tend to be in a worse condition. The publication indicates that 52.1 per cent of rural dwellers are poor compared to 18.04 per cent of urban dwellers.

    My conclusion is that there is worse poverty in the rural areas because the ruling elites concentrate infrastructure like health centres, schools and roads in the urban centres and the minimum living level, is lower in the rural areas.

    There is also a regional dimension. The book states that nine of the 10 poorest states in the country are in the North. Some of the reasons it advanced for this situation include terrorism, banditry, kidnapping, and pastoralists and herders’ violence. But I think to this should be added the issue of Western education; the pattern is: the less educated a place is, the greater the level of poverty.

    The region is also negatively impacted by desertification as 50-75 per cent of 10 of the 19 Northern states may be experiencing desertification.

    Employment is central in combating poverty. However, I must point out that employment is not an automatic gate pass out of poverty. First, wages can be very low, which is a main reason why lecturers have shut down the public universities in the country for over seven months. The second is non-payment of salaries.

    Mass retrenchment is identified as one of the worst things that can happen to workers because it translates to automatic stoppage of wages and drop in living standards. This is exacerbated by the privatisation of public-owned companies.

    The book also highlights the challenges faced by the pensioner as going on pension is like being sentenced to economic death. Given this reality, it is not uncommon for workers to doctor their ages in order to remain in employment for as long as possible or until death do them part.

    The research concluded that those in wage employment experience severe shock when their income is suddenly cut off, whether“by retirement, illness, or retrenchment. Its findings are that there is so much poverty in the country mainly due to the neo-liberal economic policies which includes reduction in social spending on programmes like healthcare, education, privatisation and mass retrenchment.

    These, it reports, results in lack of mass access to basic needs like electricity to which only 22 per cent of the poorest households have access; education with 10.5 million children out of school, healthcare with a 1.95 to 1,000 ratio of nurses, midwives and doctors, to patients. There are also issues of population control.

    The book concludes that the poverty-inducing policies of the Western internal financial institutions are a major cause of mass poverty in Nigeria.

    There are, of course, the added challenges of currency devaluation, primitive accumulation, and the very logic of the capitalist system which is based on exploitation.

    A very important contribution of the book is how irrigation can be a primary way to increase the incomes of farmers and pastoralists, and additionally, reduce their clashes.

    In some instances, the 189-page book leaves gaps which may give room for some conclusions as to motives. For instance, in many cases of land grab, while the herders were extensively interviewed, the farmers living in the same locality, were not interviewed. I think the researchers need to interview both, or all sides of an issue, and not accept a given narrative as nothing but the truth.

    The book, including its suggestions on alternative economic policies, checking land grabbing, adopting irrigation and placing humans in the centre of statistics, is a very important addition to the study of poverty in Nigeria. I would also suggest some background research on poverty in pre-colonial and colonial times. For example, was homelessness possible or rampant before colonialism? Except for such challenges as climate and ecological challenges, was food self-sufficiency an issue before the imposition of cash crops?

    The book, supported by the Rosa Luxemburg Foundation, is structured and written in simple language that can be understood by the average newspaper reader. So, I submit that in terms of communication, it succeeds.

  • I will end insecurity, poverty if elected – Peter Obi

    I will end insecurity, poverty if elected – Peter Obi

    Presidential Candidate of Labour Party (LP) Peter Obi has promised to end insecurity,  poverty and unemployment in Nigeria if elected in 2023.

    Obi made the promise at a rally organised by the Middle  Belt Forum on Thursday in Jos.

    The LP candidate, who also promised to address hunger, unemployment, and corruption, said that he would promote quality of education at all levels and improve power supply.

    ”If you elect me as your president,  I will end provide security at all levels so that our people can go to farm and by so doing, the issue of food insecurity and hunger will be a thing of the past.

    ”We will create jobs for our teeming unemployed youth and end poverty.

    We will make our educational system functional and improve electricity supply.

    ”We will block all leakages and end corruption at all levels; our government will be a responsible one. We will not fail Nigerians.

    ”We want a new Nigeria and we are determine to make Nigerians happy again,” he said.

    Obi, however, advised the people to pray for a peaceful and credible elections in 2023, adding that only credible polls woukd produce credible leaders.

    Earlier, the Dr Pogu Bitrus, the President of Middle Belt Forum, said that the forum is in support of Obi’s candidature, insisting that Obi’s presidency would address the problems the middle belt has been faced with.

    Bitrus explained that the forum had thrown its weight behind Obi based on the principle of justice and fairness.

    ”We didn’t arrive at the decision to support Peter Obi on sheer sentiments,  but on the principle of justice and fairness.

    ”Again, after a careful study, we realise that Obi is competent and capable to take this nation out of its current challenges

    ”So, we organised this rally to show that we are fully in support of his candidature,”.he said.

    Also speaking, Prophet Isa El-buba, the Convener of the Initiative for Better and Brighter Nigeria (IBBN), advised Nigerians to vote credible and responsibile leaders in 2023.

    El-buba said as a preacher, he is supporting Obi because he believed he would salvage the nation from it current woes.

    He, however,  called on Nigerians, not to sale their votes and ensure they vote for credible candidates in the forthcoming polls.

    Obi visited Da Gyang Buba, the Gbong Gwom Jos and Chairman Plateau Council of Chiefs and Emirs.

  • How Atiku, PDP engineered mass poverty on Nigerians – BMO

    How Atiku, PDP engineered mass poverty on Nigerians – BMO

    Presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar played a major role in pushing millions of Nigerians into the unemployment market and into poverty as Vice President between 1999 and 2007.

    This, according to the Buhari Media Organisation (BMO), is contrary to the impression Atiku sold in his presentation at the recent Lagos Chamber of Commerce and Industry (LCCI) Presidential Economic Agenda Forum.

    BMO said in a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, that the former Vice President and his party were largely responsible for the mess the All Progressives Congress APC-led administration had been cleaning in the last seven years.

    “It was meant to be an economic forum for the Peoples Democratic Party’s flag bearer to give the Organized Private Sector (OPS) an insight into what he has to offer, but he preferred to use it as an opportunity to again demonize President Buhari and his administration.

    “So, not surprising, Atiku went ahead to limit all the problems in the country to the tenure of the incumbent government which he claimed was responsible for massive and regrettable level of unemployment.

    “But what he deliberately left out is the fact that Nigeria’s unemployment figure in the PDP era was 112million out of a population of 160m, inspite of a higher oil revenue for a sustainable period with no global pandemic or a war with grave  worldwide economic implication.

    “It is public knowledge the former Vice President laid the groundwork for that high number of unemployed people as the man who presided over the much abused privatisation programme that led to massive job cuts with no fall back plans for those pushed into the labour market.

    “We find it funny that same man is pledging funding for small businesses when the administration he served and the party were more interested in protecting the interest of the political elite for 16 years rather than providing a social safety net for the poor and vulnerable.

    “The PDP candidate also made it look like Nigeria began running a budget deficit under Buhari, when publicly available information showed that it started in 2011 when the country actually had an oil boom but with little effort at economic diversification.

    “It was also a period that the country’s infrastructure deficit began to rise menacingly with successive PDP administrations doing little or nothing to bridge the gap that Atiku is now pledging to commit 20billion dollars to, with private sector support,” the group said.

    BMO added that it was interesting to see the former Vice President promising things that the Buhari administration has already put in place in a different way.

    “The APC-led Buhari administration has already put in place several Public Private Partnership (PPP) initiatives in infrastructure on the back of Executive Order 7 which a number of key private sector players have already embraced to reconstruct some roads in exchange for tax credit across the six geo-political zones.

    “This is aside from the National Council on Infrastructure that has already been set up to encourage private sector involvement in infrastructure development and the Presidential Infrastructure Development Fund (PIDF) which is already up and running.

    “So what the perennial presidential candidate is doing amounts to seeking to ‘giraffing’ or spying; nothing more, in proposing OPS involvement in infrastructure development.

    “But what we, like many Nigerians, find laughable is Atiku’s plan to propose a legislation to remove electricity from the exclusive list even when it has been in the news for at least three months, that President Buhari and the National Assembly have began a process of decentralizing the power sector.

    “So we agree with those who say that  the former Vice President had stayed too long in Dubai that he has lost track of what is happening in the country.”

    The group said that the former Vice-President simply showed in his LCCI presentation that he has nothing to offer Nigeria and Nigerians.

  • Senate considers bill to end poverty in Nigeria

    Senate considers bill to end poverty in Nigeria

    A bill to establish National Poverty Alleviation Management Commission on Tuesday passed second reading in the Senate.

    This was sequel to the presentation of the lead debate on the bill by the sponsor, Sen. Kabir Barkiya (APC-Katsina) during plenary.

    The bill is entitled “A Bill for an act to establish National Poverty Alleviation Management Commission”.
    Leading the debate on the general principles of the bill, Barkiya said that it was first read on Jan.19.

    He said that the bill when passed would have tremendous impact on the reduction of poverty level in Nigeria.

    “The passage of the bill will effectively and efficiently regulate all forms of funds provided to alleviate poverty in the land, especially to remedy the suffering of our citizens,” he said.

    The lawmaker said that the bill would effectively reduce youth restiveness emanating from poverty and unemployment by making available fund available for productive use through a transparent manner in order to achieve the core objective.

    Seconding the debate, Sen. Adamu Aliero (PDP-Kebbi) said that the poverty level in Nigeria has reached an alarming proportion to the extent that in some states, over 80 per cent of the population live in abject poverty.

    “Billions of naira have been budgeted annually for poverty alleviation but it doesn’t reach the target population,” he said.

    Aliero said there was need to coordinate all funds for poverty alleviation to ensure they got to the targeted population.

    Senate President, Ahmad Lawan thereafter referred the bill to the Senate Committee on Poverty Alleviation for further legislative matter and report back within four weeks.

  • Ukraine: World Bank predicts more Nigerians’ll plunge into extreme poverty

    Again, a new report of the World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to plunge into extreme poverty.

    The report published in the World Bank newsletter titled, “Global Economic Prospects,” disclosed that Russia’s invasion of Ukraine and its effect on the commodity market, supply chains, inflation, and financial conditions have intensified the slowdown in economic growth.

    The Washington-based bank further explained that the possibility of high global inflation could eventually result in tightened monetary policy in advanced countries which might lead to financial stress on emerging markets and developing economies.

    The report also quoted the World Bank President, David Malpass, as saying that the world was facing the deepest global recession since World War II.

    He said, “The global economy is facing high inflation and slow growth at the same time. Even if a global recession is averted, the pain of stagflation could persist for several years- unless major supply increases are set in motion.”

    The report added that growth in Sub -Saharan Africa is projected to slow to 3.7 per cent this year reflecting forecast downgrades of over 60 per cent of regional economies. Price pressures, partly induced by Russia’s invasion of Ukraine, are sharply reducing food affordability and real incomes across the regions.

    The report read, “More people in SSA are expected to fall into extreme poverty, especially in countries reliant on imports of food, and fuel. Fiscal space is narrowing further as the government ramps up spending on subsidies, support to farmers, and in some countries, security.

    “However, the impact of the war will vary across countries, as elevated commodity prices will help soften the damaging effects of high inflation in some large commodity exporters”.

    Among the risks to the forecast, prolonged disruptions to food supply across the region could significantly increase poverty, hunger, and malnutrition, while persistent inflation could ignite stagflation risks and further limit policy space to support recoveries.

    An elevated cost of living could increase the risk of social unrest, especially in low-income countries.

    On how the global economic situation could worsen the poverty level in Nigeria, an Associate Professor of Economics at Pan Atlantic University, Dr Olalekan Aworinde, said the Russia-Ukraine war would reduce the disposable income of Nigerians, which would, in turn, affect the standard of living.

    Aworinde said, “Ukraine is one of the largest producers of wheat in the world and the Russian war invasion will affect the demand and supply of wheat and once the major producers of this agricultural material cannot export the goods, that implies that demand is greater than supply and that will result in a hike in price.

    “Once prices increase, knowing fully well the disposable income of the consumer is constant it means the purchasing power will fall. And if the purchasing power falls, it will affect the standard of living and once it affects the standard of living it means these individuals will go into absolute poverty.”