Saturday, August 11, 2018

Tag "Poverty"

    Report: Nigeria overtakes India as world’s poverty capital

Report: Nigeria overtakes India as world’s poverty capital

Nigeria has now taken over as the nation with the highest number of extremely poor people, a report by Brookings Institution has shown.Before now, India used to hold the position with a population of 1.324 billion people as against Nigeria's 200 million.According to the report, the number of Nigerians in extreme poverty increases by six people every minute."According to our [...]

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    Challenges writers face (3): Lack of money

Challenges writers face (3): Lack of money

The neighbourhood at Sangotedo, near Lagos, is graveyard-quiet, and so is his house. Wife and two kids had long gone to bed. At a table in a corner of the living room, where he normally writes because there is no spare room for a study, he is happily pounding the keys on his laptop when it struck. He buries his face [...]

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    Obasanjo: As a NOUN student, I rejected favours and wrote my exam

Obasanjo: As a NOUN student, I rejected favours and wrote my exam

Former President Olusegun Obasanjo has recounted his experience during doctoral degree programme at the National Open University of Nigeria (NOUN).Speaking at the university's convocation ceremony in Abuja on Saturday, Obasanjo said he rejected favours to facilitate his studies.He said this is because he was determined to experience the academic process of obtaining his doctoral degree.The former president, who was awarded [...]

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    PHOTOS: School children involved in child labour

PHOTOS: School children involved in child labour

BY ADEMOLA AKINLABIWith a figure of 10.5 million, Nigeria has the highest number of out-of-school children in the world, according to UNICEF.This may be underestimated as more children and parents are embracing informal education due to unemployment.Some out- of- school children are into petty trading activities to support their family, while others drop out due to broken homes.Below are some [...]

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    Poverty is weapon of mass destruction, says Kano senator

Poverty is weapon of mass destruction, says Kano senator

Jibrin Barau, senator representing Kano north, says poverty is a weapon of mass destruction.He said this on Tuesday while contributing to a debate on a motion entitled 'commemoration of the United Nations International day for the eradication of poverty''.The motion sponsored by Ali Wakili, senator representing Bauchi south, and 22 other legislators.Barau said there is a need to strengthen the [...]

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    Amina Mohammed: Eradication of poverty is very urgent

Amina Mohammed: Eradication of poverty is very urgent

The entire global community must approach poverty eradication with a sense of urgency, Amina Mohammed, deputy UN secretary-general, has said.Mohammed, in her message to the three-day 2017 integration segment of the UN Economic and Social Council (ECOSOC), said that eradicating poverty remained the greatest global challenge.She called for a collective and comprehensive approach that recognises the multidimensional nature of the [...]

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    Okonjo-Iweala: Education is the strongest vaccine against poverty

Okonjo-Iweala: Education is the strongest vaccine against poverty

Ngozi Okonjo-Iweala, former minister of finance and the chairperson of Gavi board, says education is the strongest antidote and vaccine against poverty.Okonjo-Iweala, via a write-up on challenging Africa to achieving sustainbale development goals said "Vaccinations of 1.6 million children are halting an outbreak of measles in Cambodia"."In drought-stricken Somalia, 450,000 people are being immunized against the spread of deadly cholera. [...]

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    Garri N10k, rice N17k, kerosene N450… Nigerians groan as cost of living soars

Garri N10k, rice N17k, kerosene N450… Nigerians groan as cost of living soars

“If not for her, I would have left this country,” Moses Chukwudi, a foodstuff trader at Mile 12 Market, Lagos, says of his new marital status as he discusses the economic downturn in Nigeria.Chukwudi got married in November 2016 and planned to lavish his income – made from selling rice, beans, garri, palm oil, vegetable oil – on his bride, [...]

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    Mbaka: Nigerians may vote Buhari out in 2019

Mbaka: Nigerians may vote Buhari out in 2019

Ejike Mbaka, a reverend father and spiritual director of the Adoration Ministry, has lamented the effects of the country's economic recession on the masses, saying Nigerians may vote out President Muhammadu Buhari in 2019.Mbaka, who supported Buhari's election, said it is high time the president understood that "things are going wrong".The Catholic priest in a recent message published by Punch, said [...]

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    Air pollution ‘kills 600,000’ in Africa every year

Air pollution ‘kills 600,000’ in Africa every year

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    Okonjo-Iweala: Nigeria must eradicate poverty

Okonjo-Iweala: Nigeria must eradicate poverty

Ngozi Okonjo-Iweala, former minister of finance and coordinating minister for the economy, says Nigeria and the rest of the Africa must eradicate poverty to end instability.Speaking in an interview with Le Monde, a French newspaper, Okonjo-Iweala spoke on subjects ranging from climate change to development, economic aid and real jobs for the people of Africa.Okonjo-Iweala said it is imperative to reform [...]

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    Global poverty to fall below 10% for the first time ever

Global poverty to fall below 10% for the first time ever

The number of people living in extreme poverty around the world is likely to fall to under 10 percent of the global population in 2015, the World Bank has said.World Bank projections give fresh evidence that a quarter-century-long sustained reduction in poverty is moving the world closer to the historic goal of ending poverty by 2030.Despite the use of an [...]

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Exchange Rates

August 10, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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