duwdu: Dear Nairalanders;

The following just got published by Premium Times...




http://premiumtimesng.com/business/138525-world-bank-indicts-jonathans-government-says-massive-poverty-unemployment-killing-nigerians.html

jmaine:

Just for your consumption . . . . We can safely deduce various factors that largely impacted the World bank report on Poverty indices . . .

Appears the Northern region bears more weight on the negative impacts, offcourse we all know the obvious reasons . . .

Okija juju:


I don't like all these foreign banks...

So because Nigeria is a Black Country, they will now be insulting us..

Jonathan should go and remove all our money from that bank, close our account and open one with GTbank or Stanbic..

World bank does not even give ATM card sef..

Pataki: How can the World Bank say this?!

Have they not seen that 1.2million jobs has been created by the mining sector?

Have they not seen that our legislators are the most paid in the world?

Which President can boast of a billion naira food budget?

Why must all these scamming agencies continue to pull down the hard-stealing efforts of Jonathan and his crooks? Why why why?!!!

baby_123:
Are you admitting that the ACN led states are working harder than the federal government and PDP states? So wouldn't you think that the guys at the helms of ACN have what it takes to move the country forward? Despite the poverty level they are doing the best with what they have, despite the minimal allocations when compared to SS states?. Even small Ekiti. Shior!

duwdu: In a sense, reported improved economic growth figures have not translated into the development of the people. And that, instead, Nigerians are being further improvised...

It's high time the government of the day, sat up, really.

P34c3

jmaine:

Stop been silly for once , common sense should inform you that Lagos state with an estimated 15 million plus population will largely affect the overall statistics of the SW region . . .

Also the quoted part of the report covered a period of 2009 - 2010 when most states weren't under the ACN rule in the SW . . .

Please read and digest facts before voicing sickening ignorance in public glare . . . .

I advice you download the full report, read and understand it before appearing on this thread again . . .

Beaf!:


^
And why did you quote from 2009 report to defend the report of 2013?

jmaine:
I advice you download the full report, read and understand it before appearing on this thread again . . .

jmaine:

Stop been silly for once , common sense should inform you that Lagos state with an estimated 15 million plus population will largely affect the overall statistics of the SW region . . .

Also the quoted part of the report covered a period of 2009 - 2010 when most states weren't under the ACN rule in the SW . . .

Please read and digest facts before voicing sickening ignorance in public glare . . . .

I advice you download the full report, read and understand it before appearing on this thread again . . .

baby_123:
Was Lagos not ACN Who is being silly? Me pointing out your hypocrisy when it suits you or a grown man writing in colors. This Lagos you point at sef, was the PDP imposed government not holding back funds and still holding back funds yet the SW is still fine. Without the SW what would the poverty rate have been? 70%

muami: This is the World Bank's own summary......

MY VIEW: As the Bank notes, poverty is actually being reduced and jobs are being created BUT the pace is slower than the rate of population growth and economic growth. However, it notes that Nigeria’s short term macroeconomic outlook looks generally strong, with the likelihood of higher growth, lower inflation, and reserve accumulation. This, according to the Bank presents the Government with an opportunity to make progress in key reforms and public investments associated with the Transformation Agenda for job creation, diversification, and more effective governance. In other words, the government has done well in laying the foundation by creating a sound macroeconomic outlook which can be built on to reduce poverty and create jobs. I therefore think it is unfair to claim that the Bank indicted the government or to throw a blanket condemnation of the government. Many other governments in Africa and even Europe(eg Portugal, Greece, Spain etc) currently have negative macroeconomic outlook which means that they are unable to create jobs and in fact do not have the fiscal policy space to take measures to create jobs.

http://www.worldbank.org/en/news/press-release/2013/06/10/climate-resilience-and-low-carbon-growth-critical-for-nigeria-s-economic-future

taharqa2: People shld go and read the ACTUAL Report and stop taking their interpretations of d report from a news source known for its virulent PROPAGANDA against d Govt: the Report was actuali generali FAVOURABLE and (even more importantly) OPTIMISTIC about Nigeria and d current Govt's Economic policies, although sm weaknesses were pointed out for subsequent corrections. For instance, d Report actuali said that Poverty Rate DECREASED in d last 2 years (from 48% to 46%) but d rate of decrease was not keeping pace with d much faster increase in GDP (2% Vs 7%), and was lower than d Population growth rate (2% Vs 2.7%) thereby producing a situation whereby though d Rate of Poverty is decreasing, d No of persons actuali in Poverty has slightly increased cos of d higher Population Growth Rate (hence, d advice from d Report to Govt was to 'increase' d Rate of Decrease of d Poverty to keep pace with the much faster Rate of Economic Growth, ie improve Distribution of d considerable Wealth been made in d Economy to as many people as possible esp those in d Rural areas, as well as also ensuring that this Rate of Decrease in Poverty outpaces Population Growth Rate)...... People shld actuali read the Report from d Source. NOWHERE was d Govt 'indicted'; as a mata of fact, its programs were rather optimistically/favourably appraised, with d provisor of d need for even more pace in d direction it is going..

Sincere 9gerian: It is the JOINT responsibility of the states, federal and local govt to create jobs and eradicate poverty.

The national purse is shared 50-50 by the federal govt on one hand and the states and local govt on the other (via state-local govt joint account).

So, while we ask how many jobs the federal govt has created in the last few years and what percentage of Nigerians have been lifted out of poverty through policies and programmes at the federal level, we should NOT forget the states.

How are the states and local govts creating jobs and eradicating poverty with their share of the national purse? How many jobs has Fashola or Sullivan Chime created in the last few years? These are critical questions that demand answers.

The problem of lack of jobs and increasing poverty cannot be solved without looking at the issue of exponential increase in population. But how can we tackle the problem of population if Buhari and other northern leaders see population as a tool for winning elections, wrecking havoc and earning more funds from the national purse?

In the long run, if we TRUELY want to drastically cut down unemployment rate and poverty, we MUST re-structure this country. Power must be de-centralised down to the states. The present arrangement where Abuja tries to feed 160million people can only breed more poverty and unemployment. It should be the other way round. It is the 160million people that should feed Abuja. In other words, the states must be allowed to harness their human and material resources for development and pay taxes to the centre. This is the only way forward.

But unfortunately, the northern politicians, with eyes fixated on oil money, will resist any attempt to re-structure this country. Currently, even passage of PIB is witnessing major resistance from the north.

Until the much needed re-structuring happens, we have to make do with what can be achieved under the present arrangement. Also the Boko Haram madness must have impacted negatively in the poverty and unemployment rates in the northern states in the last 2yrs (usually the bulk of these negative data emanates from the north and weighs down on the rest of the country)

jmaine:

Robust and fair enough view . . .

thelastPope: Typical ACN/CPC propaganda thread...

So because world bank released a may 2013 report and indicated an increase in poverty rate, they are indicting GEJ? dumb propaganda!

So anytime the US jobs report comes out and is poor, they are indicting Obama? The UK poverty rate is growing too so they must be indicting the PM! lol

You people dont know the difference between criticism and hatred. If a world bank report comes out, you create a thread and debate all the issues sorrounding it, not tag it an indictment on GEJ. Stop playing politics with everything, duh!

Anyway, what do you even expect from people who oppose the flushing out of Boko Haram.

Godman_n:



Guy. You said the worst logic i have come accrosss. For your information, when we accuse the government of not creating jobs, we do not want then to set up the companies and the businesses that will employ us. What we want is for them to expand the scope of our economy. By this, I mean for them to drive upwards the capacity of businesses to grow in our economy.

Really, states government have liitle space to manouvre here. It is government policies that determines the scope of any economy and almost all those policies lies within the powers of the Federal government. Have you heard of Local content law, export/inport laws, exchange rates, World Trade organisation and the numerous agreement entered by teh Federal Government on our behalf? What about the ways and manners the various governments (Federal, state and local) awards contracts to foreign firms? Are you aware that the Federal Government have powers to outlaw the award of contracts to Foreign companies or at least control them to ensure we utilise local resources and manpower before exploring Foreigners? Are you aware that the federal government alone can control the dumping of several products on us which have the effects of killing our local companies (which can employ us)?

It is a cumulative effects of the above policies that are killing our jobs.

Imagine if half of the cars and compuers we use in our country are assembled in our country by Nigerian labour. How much workforce will that give? Are you aware a simple policy by the Federal government and enforcement by Customs who are purely Federal agency is all it takes to enforce that?

The problem with Nigerian is that the Government in Abuja governs Nigeria for teh interest of foreign companies and foreign government.

try understand why Muritala, Buhari/Idiagbon and Abacha was removed from Power. it is all owing to our relationship with the MASTERS of the world, who want to have our jobs for the people.

ShyM-X:


You're not making sense at all.

Why would World Bank want to deride any government that's fully implementing its policies? The Nigerian government is a puppet-government!

Sincere 9gerian: It is the JOINT responsibility of the states, federal and local govt to create jobs and eradicate poverty.

The national purse is shared 50-50 by the federal govt on one hand and the states and local govt on the other (via state-local govt joint account).

So, while we ask how many jobs the federal govt has created in the last few years and what percentage of Nigerians have been lifted out of poverty through policies and programmes at the federal level, we should NOT forget the states.

How are the states and local govts creating jobs and eradicating poverty with their share of the national purse? How many jobs has Fashola or Sullivan Chime created in the last few years? These are critical questions that demand answers.

The problem of lack of jobs and increasing poverty cannot be solved without looking at the issue of exponential increase in population. But how can we tackle the problem of population if Buhari and other northern leaders see population as a tool for winning elections, wrecking havoc and earning more funds from the national purse?

In the long run, if we TRUELY want to drastically cut down unemployment rate and poverty, we MUST re-structure this country. Power must be de-centralised down to the states. The present arrangement where Abuja tries to feed 160million people can only breed more poverty and unemployment. It should be the other way round. It is the 160million people that should feed Abuja. In other words, the states must be allowed to harness their human and material resources for development and pay taxes to the centre. This is the only way forward.

But unfortunately, the northern politicians, with eyes fixated on oil money, will resist any attempt to re-structure this country. Currently, even passage of PIB is witnessing major resistance from the north.

Until the much needed re-structuring happens, we have to make do with what can be achieved under the present arrangement. Also the Boko Haram madness must have impacted negatively in the poverty and unemployment rates in the northern states in the last 2yrs (usually the bulk of these negative data emanates from the north and weighs down on the rest of the country)

Sincere 9gerian: It is the JOINT responsibility of the states, federal and local govt to create jobs and eradicate poverty.

The national purse is shared 50-50 by the federal govt on one hand and the states and local govt on the other (via state-local govt joint account).

So, while we ask how many jobs the federal govt has created in the last few years and what percentage of Nigerians have been lifted out of poverty through policies and programmes at the federal level, we should NOT forget the states.

How are the states and local govts creating jobs and eradicating poverty with their share of the national purse? How many jobs has Fashola or Sullivan Chime created in the last few years? These are critical questions that demand answers.

The problem of lack of jobs and increasing poverty cannot be solved without looking at the issue of exponential increase in population. But how can we tackle the problem of population if Buhari and other northern leaders see population as a tool for winning elections, wrecking havoc and earning more funds from the national purse?

In the long run, if we TRUELY want to drastically cut down unemployment rate and poverty, we MUST re-structure this country. Power must be de-centralised down to the states. The present arrangement where Abuja tries to feed 160million people can only breed more poverty and unemployment. It should be the other way round. It is the 160million people that should feed Abuja. In other words, the states must be allowed to harness their human and material resources for development and pay taxes to the centre. This is the only way forward.

But unfortunately, the northern politicians, with eyes fixated on oil money, will resist any attempt to re-structure this country. Currently, even passage of PIB is witnessing major resistance from the north.

Until the much needed re-structuring happens, we have to make do with what can be achieved under the present arrangement. Also the Boko Haram madness must have impacted negatively in the poverty and unemployment rates in the northern states in the last 2yrs (usually the bulk of these negative data emanates from the north and weighs down on the rest of the country)

Sincere 9gerian: It is the JOINT responsibility of the states, federal and local govt to create jobs and eradicate poverty.

The national purse is shared 50-50 by the federal govt on one hand and the states and local govt on the other (via state-local govt joint account).

So, while we ask how many jobs the federal govt has created in the last few years and what percentage of Nigerians have been lifted out of poverty through policies and programmes at the federal level, we should NOT forget the states.

How are the states and local govts creating jobs and eradicating poverty with their share of the national purse? How many jobs has Fashola or Sullivan Chime created in the last few years? These are critical questions that demand answers.

The problem of lack of jobs and increasing poverty cannot be solved without looking at the issue of exponential increase in population. But how can we tackle the problem of population if Buhari and other northern leaders see population as a tool for winning elections, wrecking havoc and earning more funds from the national purse?

In the long run, if we TRUELY want to drastically cut down unemployment rate and poverty, we MUST re-structure this country. Power must be de-centralised down to the states. The present arrangement where Abuja tries to feed 160million people can only breed more poverty and unemployment. It should be the other way round. It is the 160million people that should feed Abuja. In other words, the states must be allowed to harness their human and material resources for development and pay taxes to the centre. This is the only way forward.

But unfortunately, the northern politicians, with eyes fixated on oil money, will resist any attempt to re-structure this country. Currently, even passage of PIB is witnessing major resistance from the north.

Until the much needed re-structuring happens, we have to make do with what can be achieved under the present arrangement. Also the Boko Haram madness must have impacted negatively in the poverty and unemployment rates in the northern states in the last 2yrs (usually the bulk of these negative data emanates from the north and weighs down on the rest of the country)