The Federal Government, yesterday, admitted to Nigeria’s status as the poverty capital of the world, when it disclosed that 133 million of its citizens are currently living in poverty.
• UNICEF: Over 14m children in Nigeria face acute malnutritionThis figure represents 63 per cent of its population living in poverty, according to a survey conducted by National Bureau of Statistics , National Social Safety-Nets Coordinating Office , United Nations Development Programme , United Nations Children’s Fund and the Oxford Poverty and Human Development Initiative .
President Buhari said the index was adopted because it provides ways poverty could be identified and addressed with government policies. “In general, the incidence of monetary poverty is lower than the incidence of multidimensional poverty across most states. In Nigeria, 40.1 per cent of people are poor according to the 2018/19 national monetary poverty line, and 63 per cent are multidimensionally poor according to the National MPI 2022.”
This is despite various intervention programmes of government. The Federal Government had, on Wednesday, through the National Social Safety-Nets Coordinating Office , claimed to have disbursed about $700 million from the repatriated Abacha looted funds to over 1.9 million poor and vulnerable households across the country in the last six years.
He said his administration recognises the importance of data and promised that government will utilise the MPI result in the formulation of policies going forward. “So, using the MPI beyond measurements, but as a policy, allows government to tailor interventions according to the deprivation profiles of each state, making them more efficient to result in greater impact.”
Also, UNICEF has raised the alarm that an estimated 14.7 million children under the age of five are currently under the threat of severe malnutrition. The Fund said that a good number of these children may become wasted if urgent measures were not taken to arrest the situation. She added that the recent massive flooding, which led to the destruction of farms and agricultural products across states as well as inflation are bound to worsen the nation’s food security and increase malnutrition in 2023.
MEANWHILE, the Peoples Democratic Party has said the NBS report that 63 per cent of Nigerians have fallen below poverty level, is a confirmation that the All Progressives Congress -led administration lacked the capacity and competence to deliver good governance.
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