Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has defended the Federal Government’s economic reforms, arguing that the initial rise in poverty following the removal of fuel subsidy and other fiscal measures was an unavoidable consequence of correcting long-standing distortions in the economy. Speaking during an...
Poverty
Former Minister of Transportation and African Democratic Congress (ADC) vice-presidential candidate for the 2027 election, Rotimi Amaechi, has come to the defence of Catholic Cardinal John Onaiyekan, insisting the respected cleric is motivated solely by concern for the welfare of Nigerians and not by partisan politics. Amaechi made the...
Former presidential candidate and political leader, Peter Obi, has expressed deep concern over a new report highlighting Nigeria’s growing poverty crisis. In a statement on his official channels, Obi referenced a policy study released by Agora Policy, supported by the Nigeria Economic Stability and Transformation Programme and the United...
Former Anambra State Governor and Labour Party presidential candidate, Peter Obi, has raised fresh concerns over Nigeria’s worsening poverty crisis, warning that the country is sliding deeper into hardship while political actors remain preoccupied with power struggles. In a post on his verified X (formerly Twitter) handle titled “While...
House of Representatives has demanded the immediate transfer of more than ₦30 billion recovered from investigations into alleged financial misconduct at the National Social Investment Programme Agency (NSIPA) into the Treasury Single Account (TSA). The resolution followed a motion of urgent national importance raised on Tuesday by Rep. Saidu...
A new report from the United Nations Children’s Fund (UNICEF) has delivered a stark warning: one out of every five children on the planet is growing up in extreme poverty, surviving on less than $3 a day. Released on Thursday, the report shows that the burden of deprivation falls...
POLICY STATEMENT O30 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI), ON: Finally, Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria BACKGROUND The only economic reform programme undertaken by a Nigerian Government that...
By KINGSLEY OYONG AKAM, Lancaster, UK For decades, a career in Nigeria’s public service was considered a guaranteed path to security in old age. Teachers, security personnel, nurses, clerks, and administrators dedicated their lives to the nation, believing that retirement would bring rest, dignity, and financial stability. Today, however,...
By Abiemwense Moru – Poverty is a global menace distressing millions of people, depriving them the essentials of living and increasing the risk of suicidal thoughts. It is not merely a lack of income; it is a deep, suffocating force affecting mental health, dignity, and life itself. For millions,...
The Chief of Defence Staff (CDS), Gen. Christopher Musa, has warned that hunger and poverty are no longer mere social challenges but have become national security threats in Nigeria. CDS Musa made this known at the opening of the 14th National Security Seminar organised by the Alumni Association of...
Former Vice President Atiku Abubakar; Emir of Kano, Sanusi Lamido Sanusi; a Prelate, Catholic Church Abuja, Cardinal John Onaiyekan, and others have called for urgent action against poverty for sustenance of democracy. They made the call at a public lecture to commemorate former governor of Rivers State, Rotimi Amaechi’s...
Amid growing rumours of a possible coalition among opposition leaders to unseat President Bola Tinubu in 2027, the presidential candidate of the Labour Party in the 2023 election, Peter Obi, has said that the only coalition he is interested in is the one against hunger, poverty, and the terrible...
By AMOS MATHEW, Kaduna – Kaduna State Governor, Uba Sani has promised that the state will lift millions out of poverty through aggressive financial inclusion policies, by opening three million new bank accounts by the end of 2025. The governor made the promise while speaking at the Kaduna Economic...
The poverty of enlightened, rational, and intelligent followership in Nigeria is a greater tragedy than her poverty of leadership across the spectrum, because the pool of leadership recruitment is unenlightened, emotional, irrational, and unintelligent. When discussing Nigeria’s enduring national crises, fingers instinctively point to the failure of leadership. Yet,...
By CALLISTUS OFFOR, Abuja- Amnesty International and the Socio-Economic Rights and Accountability Project (SERAP) have strongly condemned threats and intimidation directed at a lady (a serving member of the National Youth Service Corps), who posted TikTok video lamenting the current escalating economic hardship. The lady, identified as Ms Ushie...
Vice-President Kashim Shettima has urged the North East Development Commission (NEDC) and the Federal Ministry of Regional Development to tackle poverty in the North East through investments in education. Shettima made the call during a meeting with NEDC management at the Presidential Villa, Abuja, where they briefed him on...
The founder of the Ambrose Agho Empowerment and Welfare Initiative, Retired Major Ambrose Agho, has urged wealthy Nigerians to support the less privileged in society. Agho made this appeal in his new year message, emphasizing the need for donations to support the NGO’s philanthropic efforts. This is contained in...
The Situation Analysis (SitAn) of Children in Nigeria Report has identified some of the reasons why 53.9 per cent of children in the country are multi-dimensionally poor. The report, launched during the 2024 World Children’s Day celebration on Nov. 20, is a policy document prepared by the Federal Government...
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun says President Bola Tinubu is charting a way to move a lot of Nigerians out of poverty. He stated this in Bauchi on Monday, during the opening ceremony of the 2024 National Council on Finance and...
The World Bank has said it could take more than a century to eliminate poverty for nearly half the world. According to the Bank’s new Poverty, Prosperity, and Planet Report released on Tuesday, this accounts for people who live on less than 6.85 dollars per day. A statement issued...