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.

Why Are More Nigerians Getting Poor?

 By Ray Ekpu

The descent by Nigerians into the poverty hole seems very rapid despite the country’s fabled wealth. In the 70s we were swimming in wealth. That was why the Yakubu Gowon government approved the windfall called Udoji awards. With the Udoji bonanza, workers were catapulted from being pedestrians to the adorable class of car owners in one swift jump.

The government spread its wings to the West Indies as a Father Christmas picking up the bills of civil servants in a couple of those countries. That was the time that the government felt that money was not a problem. What was a problem was how to spend it. And did we spend it? Yes, we did. That is how we had the rice and cement armada, which choked our ports and proved to be a curse rather than a cure for our existential problems.