The Minister of Finance, Budget and National Planning, Zainab Ahmed on Monday restated Federal Government’s plan to pull 100 million Nigerians out of poverty this year, in line with a pledge earlier made by President Muhammadu Buhari in 2019.
Ahmed made this known when she appeared on a programme on NTA. Speaking during the interview, the Minister said .
. “President Muhammadu Buhari has directed that we must pull 100 million Nigerians out of poverty and that is our major focus. Based on the president’s directives, we want to move fast to make the kind of change the president wanted in the country.
“In 2020, we want to move very fast because we realized that going at the steady rate we are doing is not going to make the kind of change that the president has directed must happen. .
. “So, we have to make sure that we are creating more jobs and reducing unemployment, and pulling as many Nigerians as possible out of poverty. And that is the reason why when we did the finance bill, you will find that the bill was largely targeted at making businesses easy for the small and very small businesses. This is because we believe that is where the economy needs to really grow and stabilize from.” she said .
The World Poverty clock last year, revealed that 91,885,874 people in Nigeria now live in extreme poverty (less than $1.9 or N693.5 per day). In June 2018, the World Poverty Clock named Nigeria the poverty capital of the world with statistics showing that 87 million people live in poverty.
Shettima Justifies N15 billion Budgeted For His Official Residence, Says Peter Obi Suffering From Post-election Trauma
Vice President Kashim Shettima has responded to recent criticisms from Peter Obi, the Labour Party presidential candidate in the 2023 elections.
Stanley Nkwocha, the spokesman for Vice President Shettima, addressed Obi’s remarks, defending the administration’s decision to spend N15 billion to renovate his boss’s residences in Lagos and Abuja.
Obi had questioned why the government planned to spend a lot on renovating the edifices while budgeting a paltry N5 billion for student loans in the country.
In his statement released on behalf of Vice President Shettima, Nkwocha responded to Obi’s comments, denouncing what he termed as a series of misguided attacks and falsehoods directed at the administration led by President Bola Ahmed Tinubu.
Nkwocha challenged the criticisms levelled by Obi, citing the allocation of funds for the renovation of the Vice President’s official residence by the Federal Capital Territory Administration (FCTA).
He clarified that the project was initiated and funded during the administration of former President Goodluck Jonathan and was later renewed by the current FCT Minister, Nyesom Wike, due to its long-standing abandonment.
The spokesman defended the decision to resume the project, emphasizing the administration’s commitment to completing long-abandoned public projects across the nation, a stance he suggested was in contrast to Obi’s past directives as governor of Anambra State.
COP28 Delegation: ”Tinubu Has Turned Climate Change Conference to Owambe” – Atiku
Former Vice President Atiku Abubakar has strongly criticized the reported over-bloated delegation led by Bola Ahmed Tinubu to the COP28 Climate Summit in Dubai.
In a statement released by his media adviser, Paul Ibe, Atiku criticized the size and nature of the delegation, suggesting that Tinubu lacked an understanding of the severity of Nigeria’s economic challenges.
Atiku questioned the rationale behind converting a climate change conference into what he described as a “jamboree, all-comers, and ‘owambe’ party” with over 1,400 delegates.
He characterized the situation as ridiculous and indicative of a governance approach lacking awareness and responsibility.
The statement highlighted the pressing economic hardships faced by Nigeria, emphasizing the need for leaders to align their actions with the available resources.
Atiku criticized the use of borrowed funds for what he termed a “street party” held outside the country, calling attention to the disparity between the purpose of COP28—focusing on improving lives, clean air, healthy food, and a secure future—and the alleged extravagant delegation.
“The economic dire straits that Nigeria is facing demand that its leaders cut their coats according to the cloth available,” the statement read, emphasizing the necessity for a more prudent and responsible approach to governance and resource utilization.
Atiku’s remarks add to the growing chorus of criticism regarding the alleged misuse of resources and the size of the Nigerian delegation at COP28.
“Lagos Is Bigger Than Ghana” – Ghanaian Singer, Efya, Settles Music Industry Comparison
She said: “Nigerian and Ghanaian music markets are not the same. Nigerians are way more than we are in terms of numbers. Numbers really matter now. The number of people that will stream Nigerian music in Nigeria is different from the number of people that will stream Ghanaian music in Ghana. The numbers are not the same.
“In the capacity of numbers, Lagos is bigger than Ghana. It is like the music hub itself. Nigerians are way bigger than we are. So, usually when I see people comparing, I’m like, ‘Do you guys know?’
“There shouldn’t be any comparisons. What I believe that we should is that we should be more collaborative. Find our vibes and put them together to advance what Afrobeats is going to be in the future; for us to be the gatekeepers of our own sound. And I think that’s the power move.”
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