“Nigeria has highest number of poor people globally”- El-Rufai
Published
El Rufai made the assertions during the launching of the State Social Protection Policy.
He said it was lamentable that programs designed to help the poor in society are usually allocated to important people instead of giving it to those who truly deserve and need it.
El Rufai said such unfortunate actions and mentality has contributed to the many problems Nigeria faces.
“Nigeria is going through serious trying times and it’s no longer news that we have the largest number of poor people than any country in the world.
Introduction
If there was any doubt that Nigeria is a failing State, the politics and pathology of the cow business now make it manifestly so. Nigeria is strutting towards a possible implosion, on account of growing lawlessness. In spite of many years of denial, leading members of the ruling APC now concede the obvious: Nigeria is largely an ungoverned territory. The Governor of Kaduna State, recently at a national dialogue, pointedly described Nigeria as a lawless State. He pointed to the absence of the monopoly of violence, which is definitive of a State. In Nigeria today, private individuals, especially, bandits and other criminals, are more in control of violence and able to use violence, than Governments, Federal and State. The nation’s authorised governments are helpless and halfhearted, while criminals are vehement and inspired. Kidnapping is slowly becoming the fastest growing industry in Nigeria. The rumour is that the recent kidnapping of school children in Niger State,
If there was any doubt that Nigeria is a failing state, the politics and pathology of the cow business now make it manifestly so. Nigeria is strutting towards a possible implosion on account of growing lawlessness. In spite of many years of denial, leading members of the ruling APC now concede the obvious: Nigeria is largely an ungoverned territory. The Governor of Kaduna State, recently at a national dialogue, pointedly described Nigeria as a lawless state. He pointed to the absence of the monopoly of violence which is definitive of a state. in Nigeria today, private individuals, especially, bandits and other criminals, are more in control of violence and able to use violence than governments, federal and state. The nation’s authorized governments are helpless and halfhearted while criminals are vehement and inspired. Kidnapping is slowing becoming the fastest growing industry in Nigeria. The rumour is that the recent kidnapping of school children in Niger State has yielded N800m
Vanguard News
IMF, analysts split over growth forecast for Nigeria’s economy
On
Project 2.7% economic growth for 2021
By Babajide Komolafe
Following the faster than expected economic growth in Q4’2020 and lower contraction for the full year 2020, leading investment analysts have disputed the 1.5 per cent growth forecast for Nigeria’s economy in 2021 by the International Monetary Fund (IMF), projecting that the nation’s economy will grow by about 2.7 per cent this year.
The IMF in its latest World Economy Outlook released last month revised downward its growth forecast for Nigeria’s economy in 2021 to 1.5 percent from 1.7 percent and 2.6 per cent earlier projected in October and June last year.