Showing posts with label Poverty In Nigeria. Show all posts
Showing posts with label Poverty In Nigeria. Show all posts

Thursday, July 20, 2023

Tinubonomic And 8000 Litres Of Poverty

 By Gbenro Olajuyigbe

In intervention during emergencies, there is what is called Appropriate Response. Impact of inappropriate response is worse than no response. Responding to the ‘needs’ of 12 million households’ out of 43 million households in a severely polarized country is bad enough. 

*Bola Tinubu 

Aside from the existing inequality between the poor and the rich, it further bifurcates the tribe of the poor, potentially with implications for uneven patriotism and implosive crisis.  Giving the selected beneficiary (270 Naira/ 35 Cents per day) in situation where those who earn 1.9 dollar per day are regarded as living in extreme poverty amounts to glorification of poverty. 5000 Naira per poor household under Buhari, which had more intrinsic value than the touted Tinubu’s 8000 Naira, threw 133 million people into nadir of poverty.

Friday, July 7, 2023

As Nigerians Grapple With Escalating Poverty

 By Adeze Ojukwu  

The excruciating pain and penury arising from soaring food and fuel prices have left many Nigerians seething with anger and rage. 

Since independence, the country has had a history of bad governance, characterized by graft, tribalism and unrest, due to political, cultural and religious vulnerabilities. But never in its chequered history has the society been embroiled in such massive levels of imbroglio, which peaked during the eight-year devastating hegemony of the immediate past administration. 

Wednesday, June 7, 2023

Unmasking Poverty In Nigeria: The Pains, Deprivation And Remedies

 By Elvis Eromosele

Poverty is a real concern in Nigeria. It permeates the lives of individuals and communities, leaving many trapped in a cycle of deprivation. Poverty is a pervasive issue in Nigeria. It casts its dark shadow over countless lives, leaving individuals and communities starving millions of opportunities for a better future.

Nigeria serves as a poignant case study, a country grappling with the complexities of poverty despite its vast resources. To uncover the true face of poverty in Nigeria is to inspire collective action and foster a society where every Nigerian can thrive.

Tuesday, December 20, 2022

Why Politicians Need To Address Poverty During Campaign

 By Stanley Achonu

The 2023 elections loom, with politicians making campaign promises that offer hope. Yet, poverty, probably the biggest threat to Nigerians today, has gone unaddressed.

In October, the World Bank released its ‘Poverty and Shared Prosperity’ report outlining progress in the global fight against extreme poverty. According to the report, the world is unlikely to meet the goal of ending extreme poverty by 2030, with COVID-19 as a major factor in upending progress made in recent years. The total number of people living in extreme poverty has risen to 719 million globally, with 71 million people added in 2020 alone.

Monday, November 12, 2018

Nigeria's Poverty And Social Relations

By Dan Amor
Recently, there emerged two very disturbing reports, each dealing with chronic poverty in Africa vis-a-vis Nigeria, that are very unsettling. One is from the Brookings Institution, a Washington DC-based Economic think-tank. Its report titled: "The Start of A New Poverty Narrative", was specifically based on the work of three experts who are associated with the "World Poverty Clock", an Economic Study Group launched in 2017, to track trends in poverty reduction across the world. 

The kennel of the report is that Nigeria had overtaken India as the country with the largest number of extreme poor in the world, to be seconded only by the war-ravaged Democratic Republic of Congo, DRC. What this means is that Nigeria is the poverty capital of the world. The other one is a damning document entitled, "Report Card on World Social Progress". Released also in the United States of America by the International Society for Life Quality Studies, the report has identified the best countries in which to live in the world. These include Denmark, Sweden, Norway, Finland, Luxembourg, Germany, Austria and Belgium , in that order. 

Wednesday, August 29, 2018

Nigeria: The Wretched Of The Earth

By Yakubu Mohammed
Her birth may not have been miraculous. At least not as miraculous as the birth of Jesus Christ, the story of which event is both elegantly and breathtakingly narrated in the Qur’an and the Bible.

Something, neither divine nor spectacularly prophetic, must have decided her parents to christen her Miracle, this Edo State current wonder. Miracle Johnson is currently in the news. But not for any divine reason or some earth shaking accomplishments.

Thursday, August 9, 2018

Discrimination Stoking Poverty In Nigeria

By Bayo Ogunmupe
Lack of enlightenment, poor adaptation of technology and poor telecommunication infrastructure have been identified as reasons for financial exclusion in NigeriaThis lack of financial inclusion caused Nigeria to lack behind its sub Saharan African (SSA) country peers.
Many of our colleagues in the SSA like Kenya, Ghana, Ivory Coast and Senegal are better than us in terms of global system of mobile communication skills education and adaptation of technology. Every telecom company in Kenya has  helped financial penetration through free skills training and financial inclusion.  

Monday, May 14, 2018

Nigeria: A Culture Of Substandard Living

By Passy Amaraegbu
“All good is hard. All evil is easy. Dying, (suicide) losing, cheating, and mediocrity are easy. Stay away from ease.”
 – Scott Alexander

One major way to measure the degree of development in any society is the value she placed on human life. Even animals operate with the instinct that human life is sacred. This is the reason they initially exhibit fear and flight when they encounter human beings.

Consequently, every progressive human society focuses on the double task of preserving and improving the lives of mortals. Some European and even Asian nations have perfected in this crucial task to a high degree that the elderly cohort (65 and above) form a significant part of their population. In other words, the life expectancy of such nations is high. For instance, the UN 2015 world life expectancy of Nigerian is 52.29 years, UK is 80.45, and Japan is 83.74. The main reason for this divergent disparity in the life expectancy of nations is based on the different values these nations place on the lives of their citizens. 

Friday, October 20, 2017

The Reality Of Poverty In Nigeria

By Dan Amor
Against the backdrop of the declaration of Tuesday October 16, 2017, as 'World Poverty Day', we may well take a critical look at a damning document entitled, "Report Card on World Social Progress". Released currently in the United States of America by the International Society for Life Quality Studies, the report has identified the best countries in which to live in the world. These include Denmark, Sweden, Norway, Finland, Luxembourg, Germany, Austria and Belgium , in that order. The report which is signed by the group's international president, Prof. Richard Estes, who has studied human development for over 45 years, has equally stated the bottom 10 poorest nations in the world. They include Afghanistan, Eritrea, Ethiopia, Sierra Leone, Angola, Liberia, Niger, Nigeria, Guinea, Chad and the Democratic Republic of Congo. The report was compiled based on data provided by governments to the United Nations and measures the ability of nations to meet the basic needs of their residents in terms of health, education, security, human rights, political participation, population growth, improved women's status, cultural diversity and freedom from social chaos.
*Buhari and Obasanjo
According the report, the overall picture for social progress in the world is grim with 21 African and Asian countries nearing social collapse due to concentrated poverty, weak political institutions, repeated economic failure, disease and cultural dislocation. But the report missed out corruption which is the bane of the Nigerian society and the major cause of poverty in the country. Of course, Nigeria, since 1998, has been described by the Berlin-based anti-corruption organisation ,Transparency International, as one of the five most corrupt countries in the world. Unfortunately, President Muhammadu Buhari, who claims to be fighting corruption, did not even bother any hoot to address the nation on the pervasive and scandalous maze of mass poverty in Nigeria. Yet, the irony of the Nigerian condition is that Buhari was a cabinet member of the military regime of General Olusegun Obasanjo (1976-1979) which actually handed over the legacy of poverty to the Alhaji Shehu Shagari regime (1979-1983). The Obasanjo military regime it was which syndicated the first ever $15billion loan from a consortium of European banks. Millions of Nigerians were sacked from work and their sources of livelihood were sacrificed to meet International Monetary Fund (IMF) conditionalities for the granting of the loan.