Showing posts with label Victor Ikem. Show all posts
Showing posts with label Victor Ikem. Show all posts

Monday, October 29, 2018

The Alarming Rate Of Poverty In Nigeria

By Victor Ikem
As the world marked the 2018 International Day for the Eradication of Poverty on the 17th of October, it has become imperative to remind governments and policy actors in Nigeria of the growing rates of poverty and the urgent need to reverse this ugly trend through a well thought out and compressive strategy, policy and programmes towards eliminating the causes of poverty in Nigeria. 
While the debate generated by the Brookings Institution’s World Poverty Clock report which rated Nigeria as a country with the highest number of extremely poor people in the world, is yet to wane, it is disturbing to see how the British Prime Minister, Theresa May at her recent visit to Africa, described Nigeria saying much of Nigeria is thriving, with many individuals enjoying the fruits of a resurgent economy, yet 87 million Nigerians live on less than $1 and 90 cents a day, making it home to more very poor people than any other nation in the world.