Why N4.5tr palliatives failed to stem poverty, hardship

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Why N4.5tr palliatives failed to stem poverty, hardship
Kola OlogbodiyanTajudeen Yusuf
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Despite N4.5 trillion spent on palliatives in the last 12 months by the Federal Government, increasing rate of poverty and hardship

The prevailing anger in the country, exacerbated by socioeconomic hardship, has been blamed on the federal government’s failure to establish an effective system for delivering palliatives to most Nigerians. Worse still, inadequate oversight by legislative bodies and other government agencies allows a select few to exploit the situation, undermining the government’s efforts, AZIMAZI MOMOH JIMOH reports.

The Guardian investigation revealed faulty policy implementation, weak monitoring system and poor accountability are responsible for preventing most poor Nigerians from accessing the intended benefits of the noble intervention. Data from the National Bureau of Statistics showed that on a year-on-year basis, the headline inflation rate was 11.54 per cent points higher compared to the rate recorded in May 2023, which was 22.41 per cent.

Ologbodiyan continued: “Most importantly, the government should confront the challenges of insecurity, power generation and distribution headlong. Until and unless we attain success in these areas, distribution of funds in terms of palliative will not take us out of the current excruciating pains.” Yusuf said: “There is one major policy somersault; it is a good thing to do, but was not properly articulated and managed, it is subsidy removal. The mistake took away whatever gain they would have gotten.

An Abuja-based human right civil society organisation, the Human Rights Writers Association , believed that the administration of palliative by the government has been marred by corruption going by the multi billion Naira scandals that were discovered at the Federal Ministry of Humanitarian Affairs. Equally disturbing is the failure of the checks and balances system at federal and state levels, a situation most observers noted is such that the legislature has become praise singers to the executive arm of government as opposed to putting it in check against impunity, corruption and economic leakages.

It has also emerged that in the National Assembly and most states assembly, across the country, there is increasing efforts to diplomatically subdue voices against biting hardships through subtle rejection of motions and prayers initiated against abuse of funds and other financial breaches. He expressed worries that as the fortunes of democracy continued to dwindle in Nigeria and effects of governance on the people continue to reduce, insecurity, which has resulted in hundreds of deaths in the last few months, would worsen.

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Kola Ologbodiyan Tajudeen Yusuf

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