Former vice president and candidate of the Peoples Democratic Party (PDP) in the last presidential election, Atiku Abubakar, has tasked former leaders to speak up over the rising spate of poverty in the country.
The former vice president was reacting to a recent report by the United Nations Development Programme, published on July 11, 2019, which established that over 98 million Nigerians are living in multidimensional poverty.
He described the report as “a frightening corroboration that poverty has become the fastest growing venture in Nigeria over the last four years.”
Atiku, in a statement signed by his media aide, Paul Ibe, said there is an urgent and compelling need for institutions of the Nigerian state to understand that it is an appalling dereliction of duty to stand idly by and allow misery multiply in the populace.
He said, “This is no longer a grassroots problem. The failure of our economy over the last four years affects everyone from top to bottom. Four years ago, Aliko Dangote, Nigeria’s richest man, was worth $25 billion. However, his net worth in 2019 is less than half that. He joins thousands of industrialists whose wealth and their ability to produce, has eroded in recent years, and continue to do so.
“With the National Bureau of Statistics reporting a net job loss of over 6 million since 2015, we see that if industrialists have their wealth eroding, it affects their ability to create opportunities, which means that the trickle-down effect gradually dries.
“The greatest national security threat Nigeria faces in 2019 is not Boko Haram/ISWAP or bandits. It is that we have created the largest wave of poverty in human history. And the world is noticing, hence, Foreign Direct Investment is shifting from Nigeria to Ghana, making Ghana the top recipient of FDI in West Africa in the last year.
“And in the wake of this report by the UNDP, we are greeted with nonchalance by those who led us into this crisis. It is as though they think that as long as they and their families are not amongst those 98 million extremely poor Nigerians, things can carry on as before.
“But that cannot be allowed to be the case. Those who have the ability, including the Council of State, all former leaders, elder-statesmen, and especially the other arms of government, must begin to collaborate for solutions, before the number increases from 98 million, to all 198 million Nigerians.
“We must remember that we are stakeholders in the Nigerian project. Stakeholders who must speak up for those 98 million people who are losing their voices to poverty,” the statement added.
Gbajabiamila, Aisha Buhari, Sanwo-Olu Harp On Women Empowerment For Nation Building
I Never Said Nigerian Politicians Are Fetish – Lagos Lawmaker
Ethiopian Airlines Determined To Connect Africa – Ambassador
Foundation Reiterates Commitment In Empowering Less Privilege
Cleric Tasks South West Govs On Awolowo’s Legacies, Policies
EFCC Arrests Internet Celebrity, Mompha For Alleged Fraud
Traders, Artisans, Others Drum Support For 2019 Alaghodaro Summit
COVER STORIES19 hours ago
Labour Threatens Action Against Employers Over Minimum Wage
COVER STORIES19 hours ago
$9.6bn UK Judgement: EFCC Arraigns 2 British Nationals
AGRICULTURE11 hours ago
Food Security: Narasawa State Partners NFGCS, Kiakia
NEWS18 hours ago
Court Orders Interim Forfeiture Of Saraki’s Ikoyi Properties
COVER STORIES18 hours ago
Kogi, Bayelsa Polls: PDP Plotting To Unleash Violence, APC Cries Out
FEATURES17 hours ago
Africa, Part Of Russia’s Foreign Policy Priorities – Putin
CRIME5 hours ago
Army Captures 2 Boko Haram Commanders, 14 Others
BUSINESS18 hours ago
USSD Charge: Bank CEOs Deny Agreement With MTN