Tag "Poverty"

    Don’t stay quiet in the face of oppression, ActionAid charges women

Don’t stay quiet in the face of oppression, ActionAid charges women

ActionAid Nigeria,  non-governmental organisation, has asked women not to stay quiet in the face of oppression and indiscrimination. Ene Obi, country director of the organisation, said this in Abuja at a programme to commemorate the 2020 International Women’s Day Obi said although some progress has been made, "real change has been agonizingly slow for most women and girls in Nigeria as [...]

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    World Bank: 87% of poor Nigerians are in the north

World Bank: 87% of poor Nigerians are in the north

The World Bank has estimated that 87% of all the poor people in Nigeria are in the north. In a report titled, 'Advancing social protection in a dynamic Nigeria', the Bretton Wood institution said the south-south zone recorded the most significant drop in poverty between 2011 and 2016. "Poverty in the northern regions of the country has been increasing especially in the [...]

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    Northern Elders Forum: Buhari in denial of his failure to secure the country

Northern Elders Forum: Buhari in denial of his failure to secure the country

The Northern Elders Forum (NEF) says President Muhammadu Buhari is in denial of his failure to secure the country.  The forum, in a statement by Ango Abdullahi, its chairman, said it appears the current administration does not have any idea on what will provide relief or solution to insecurity and poverty in the land. It said poverty has worsened in the north under the Buhari [...]

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    Polygamy major cause of poverty in the north, says Sanusi

Polygamy major cause of poverty in the north, says Sanusi

Muhammad Sanusi II, emir of Kano, says the predominant culture of marrying more than one wife by Nigerians in the north is a major cause of poverty in the region. The emir, who was represented by Usman Bugaji, said this while moderating a paper presentation session on 'the role of universities in nation building' at the maiden convocation of the Federal [...]

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    National identity and the question of poverty

National identity and the question of poverty

The headline in The Punch dated October 22 read: “FG disburses $103.6m Abacha loot to the poor”. Other papers had similar headlines. In the news report, it was explained that the poor in this regard were current beneficiaries of the National Cash Transfer Programme which is a component of the National Social Investment Programme. It went further to explain that [...]

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    Oxfam: World’s 22 wealthiest men richer than all women in Africa

Oxfam: World’s 22 wealthiest men richer than all women in Africa

The wealth of the 22 richest men in the world is greater than that of all African women combined, a new report by Oxfam International has shown. The report, titled: 'Time to Care' was released on Monday ahead of the World Economic Forum (WEF) holding in Davos, Switzerland. According to the United Nations, there are 325 million women aged 20 and above [...]

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    Makinde: Nigeria is blessed but our leaders have been managing poverty

Makinde: Nigeria is blessed but our leaders have been managing poverty

Seyi Makinde, governor of Oyo state, says there is poverty in Nigeria because its leaders have failed to manage the country's natural resources. Makinde spoke on Sunday during a church service marking the 2020 Armed Forces Remembrance Day celebration at the Cathedral of St. Peter, Aremo, Ibadan. A statement by Taiwo Adisa, his chief press secretary, quoted the governor as saying the [...]

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    Sadiya Farouq: Over 40m Nigerians are unemployed

Sadiya Farouq: Over 40m Nigerians are unemployed

Sadiya Umar Farouq, minister of humanitarian affairs, disaster management and social development, says over 40 million Nigerians are unemployed. Farouq spoke when she appeared before the house committee on women affairs and social development to defend the ministry's 2020 budget proposal. She listed the agencies under the ministry's supervision as the National Commission for Refugees, migrants and internally displaced persons (NCR), the [...]

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    IMF: Nigeria’s growth too slow to reduce poverty

IMF: Nigeria’s growth too slow to reduce poverty

The International Monetary Fund (IMF) says Nigeria's economy would have to grow at a faster pace to witness a reduction in its poverty numbers. Kristalina Georgieva, the IMF managing director, made this known on Thursday at the opening press conference of the IMF and World Bank meetings. "Nigeria matters to the whole of Africa. When Nigeria does well, Africa does well. The [...]

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    Sadiya Farouq abroad as wild rumour of wedding to Buhari booms

Sadiya Farouq abroad as wild rumour of wedding to Buhari booms

Sadiya Umar Farouq, minister of humanitarian affairs, disaster management and social development, is in Switzerland promoting a UN campaign against poverty as a wild rumour of a wedding to President Muhammadu Buhari ripples. In a tweet, the minister, supposedly getting married to Buhari on Friday, canvassed for active participation of citizens in ending poverty. "On October 17, join us as we #WalkOutPoverty. The [...]

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    Buhari’s aide: Over 40m Nigerians have benefited from SIP

Buhari’s aide: Over 40m Nigerians have benefited from SIP

Ismaeel Ahmed, senior special assistant to President Muhammadu Buhari on social investment programmes (SIP), says over 40 million Nigerians have benefited from the SIP scheme. He said this on the sidelines of an event held during the 2019 United Nations General Assembly (UNGA). According to a statement, the event, which focused on the multi-dimensional approach to poverty alleviation, was hosted by the [...]

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    Peter Obi: Nigeria has more poor people than China and India combined

Peter Obi: Nigeria has more poor people than China and India combined

Peter Obi, former governor of Anambra state, says there are more poor people in Nigeria than in India and China. Obi said this at The Platform, an annual conference organised by Covenant Christian Centre in Lagos. Citing the "Stress Index", Obi said Nigeria is the most stressful country in the world. “Today, we are the most stressful country. If you read the stress index, [...]

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    Buhari: Corruption behind sickness, hardship facing millions of Nigerians

Buhari: Corruption behind sickness, hardship facing millions of Nigerians

President Muhammadu Buhari says the major reason why Nigerians are sick and facing hardship is due to corruption. Speaking on Tuesday at the 49th annual conference of the Institute of Chartered Accountants of Nigeria (ICAN) in Abuja, the president said corruption prevents good governance. Represented by Boss Mustapha, secretary to the government of the federation (SGF), Buhari said if corruption is not [...]

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    If Buhari lifted 5m out of poverty, why do 98m live in multidimensional poverty?

If Buhari lifted 5m out of poverty, why do 98m live in multidimensional poverty?

Are Nigerians poorer today than they were in 2015? Yes, if we go by data and economic indicators. In June 2018, a report by the World Poverty Clock revealed that Nigeria had overtaken India as the top-tier country with a cosmic community of poor people on the planet. Also, the report evinced that every minute, six Nigerians become extremely poor. And that [...]

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    Atiku: Even Dangote has been affected by the wave of poverty under Buhari

Atiku: Even Dangote has been affected by the wave of poverty under Buhari

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says if care is not taken, the entire Nigerian population will fall into poverty. Reacting to a United Nations Development Programme (UNDP) report on 98 million Nigerians living in multidimensional poverty, Atiku said even Aliko Dangote, Africa's richest man, has been touched by the "wave of poverty sweeping through the country". The former vice-president accused those [...]

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    Catholic bishop: Boko Haram collecting taxes in Borno

Catholic bishop: Boko Haram collecting taxes in Borno

Mathew Ndago-Manoso, Catholic archbishop of Kaduna diocese, says the Boko Haram sect is controlling parts of Borno state. Speaking at the annual general meeting (AGM) of the Nigeria Catholic Diocese Priests' Association which held in Kaduna on Tuesday, Ndago-Manoso said the insurgents provide services to the part of the sate under their control and have been collecting taxes from the people. He said [...]

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Exchange Rates

March 25, 2019USDGBPEUR
INTERBANK306397354
LAGOS380478402
KANO375477498
PH380478498
ABUJA375476400
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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