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September 15, 2023 Tinubu Seeks Partnership With State Governors To End Extreme Poverty

Tinubu Seeks Partnership With State Governors To End Extreme Poverty

President Bola Tinubu says he will work to ensure Nigerians are taken out of poverty.

Tinubu stated this while receiving a 62-person delegation from Rivers State, led by Governor Siminalayi Fubara, and other stakeholders from the oil-rich state, at the Presidential Villa, Abuja.

The meeting was also attended by the FCT Minister, Nyesom Wike, who is also the immediate past Governor of Rivers State.

At the meeting, Governor Fubara made a case for the rehabilitation of the East-West Road.

Speaking to Journalists at the end of the meeting which was held behind closed doors, a Senior Advocate of Nigeria and former President of the Nigeria Bar Association (NBA), Onueze Okocha, gave the reason for their visit.

September 1, 2023 Human Rights Lawyer, Femi Falana, Warns Nigerian Leaders Against Provoking Citizens Into Revolt

Human Rights Lawyer, Femi Falana, Warns Nigerian Leaders Against Provoking Citizens Into Revolt

Human Rights lawyer, Femi Falana, has said that the high level of poverty in Africa is responsible for the wave of coups in the continent.

The Senior Advocate of Nigeria stated this at a Nigeria Labour Congress (NLC) national symposium held in Abuja, under the theme: “Nigerian Economy and the Crisis of Survival, Robbing the Poor to Pay the Rich”.

Falana stressed that despite the poverty in the country, the National Assembly allocated billions to itself.

He subsequently cautioned Nigerian governments against taking the citizens for granted.

His comment comes on the heels of recent coups in Africa. The latest in Gabon where soldiers seized power, ending decades of the Bongo dynasty’s reign.

In his own remarks at the event, NLC President, Joe Ajaero, spoke on the unworkability of government measures to cushion the effect of fuel subsidy removal on Nigerians.

 

March 10, 2022 Court Fixes March 23 To Hear Application For Embattled Abba Kyari Extradition Request

Court Fixes March 23 To Hear Application For Embattled Abba Kyari Extradition Request

A Federal High Court in Abuja fixed March 23, to hear an application by the Federal Government seeking for the suspended DCP Abba Kyari’s extradition to the United States (U.S).

The News Agency of Nigeria (NAN) had, on March 3, reported that the Federal Government, through the Office of the Attorney-General of the Federation (AGF), filed the application marked: FHC/ABJ/CS/249/2022.

The suit, titled: “Application for the Extradition of Abba Alhaji Kyari to the United States of America,” was dated and filed March 2.

While the AGF is the applicant, Kyari is the respondent in the application.

Kyari was formerly the head of Inspector-General of Police Special Intelligence Response Team (IRT).

The matter, which was assigned to Justice Inyang Ekwo by the Chief Judge of FHC, Justice John Tsoho, has been fixed for March 23 for hearing.

The application was filed under the Extradition Act, as part of Nigerian government’s approval of the request by the U. S. for Kyari’s extradition.

The application, which was directly addressed to the chief judge, hinted that a request was made to Nigeria by Diplomatic Representative of the Embassy of the United States of America (USA), Abuja, for the surrender of Kyari who Is a subject in a superseding three counts indictment in case no: 2:21-cr-00203-RGK.

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June 16, 2021 World Bank: Rising Prices Pushed Seven Million Nigerians Below Poverty Line

World Bank: Rising Prices Pushed Seven Million Nigerians Below Poverty Line

The World Bank has stated that inflationary pressure in Nigeria has pushed about seven million Nigerians below the poverty line in 2020 alone.

The World Bank gave the data in its latest Nigeria Development Update (NDU), released on Tuesday, a few days after President Muhammadu Buhari in his Democracy Day broadcast claimed on Saturday that his administration had lifted 10.5 million Nigerians out of poverty in the past two years.

The bank’s Country Director for Nigeria, Mr. Shubham Chaudhuri, said lack of economic opportunities was contributing to the rising crime cases and insecurity in Nigeria.

The multilateral institution also reiterated the need for the federal government to set policy foundations for a strong recovery as well as to tame inflation. 

The report was released on a day the National Bureau of Statistics (NBS) announced that Nigeria’s Consumer Price Index (CPI), which measures inflation dropped to 17.93 per cent (year-on-year) in May compared to 18.12 per cent in the preceding month.

Besides, the World Bank also attributed the deteriorating security situation in Nigeria and rising criminality to a lack of economic opportunities in the country.

The NDU, titled: “Resilience through Reforms,” stated that in 2020, the Nigerian economy experienced a shallower contraction of 1.8 per cent than had been projected at the beginning of the pandemic (3.2 per cent).

It said: “Although the economy started to grow again, prices are increasing rapidly, severely impacting Nigerian households. As of April 2021, the inflation rate was the highest in four years. Food prices accounted for over 60 per cent of the total increase in inflation. Rising prices have pushed an estimated seven million Nigerians below the poverty line in 2020 alone.”

The report acknowledged notable government’s policy reforms aimed at mitigating the impact of the crisis and supporting the recovery, including steps taken towards reducing gasoline subsidies and adjusting electricity tariffs towards more cost-reflective levels, both aimed at expanding the fiscal space for pro-poor spending.

 

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