Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,036 members, 7,818,060 topics. Date: Sunday, 05 May 2024 at 06:22 AM

Income Disparity Between North And South Widens (North Half As Wealthy As South) - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Income Disparity Between North And South Widens (North Half As Wealthy As South) (2388 Views)

Nigeria Arrests one of its biggest Oil Tycoon As Corruption Probe Widens / Crack In APC Widens: Buhari, Tinubu Disagree On Way Forward / Mimiko Absent As South-west Governors Converge In Ibadan (2) (3) (4)

(1) (Reply) (Go Down)

Income Disparity Between North And South Widens (North Half As Wealthy As South) by ektbear: 3:59pm On May 15, 2011
The GDP per capita between the northern and southern parts of the country has widened, with a recent report showing that the GDP per capita in the south is twice that of the north.

The GDP per capita is the GDP (total income) of a country, divided by its population. It shows how much money people earn on average. So GDP is the dollar value of all goods and services produced within a country, state or city's borders in a given year, then divided by the population in a given year.

In what can be described as a clinical post-mortem of the recent post election violence that swept through the states in the north, foremost economic analyst and managing director, Financial Derivatives Nigeria Limited, Mr. Bismark Rewane said the high poverty level in the north as well as growing economic inequality should be blamed for the recurring sin assembly of violence.

Speaking at the executive monthly breakfast meeting of the Lagos Business School recently, Rewane said that the degree of the pervading inequality is underscored by the existing GDP per capita for each of the regions in the country.

Noting that the GDP per capita in the south is twice that of the north, Rewane said the alignment of the political and economic map is
needed to bring stability.
The figures which were contained in the May edition of the monthly economic presentation at the tertiary institution, showed that while
the GDP per capita in the north stood at $718 that of the south-west was $1,436 while that of the south-south and south-east stood at
$2,010 and $933 respectively.

The wide disparity between the figures in the different zones is said to be a great factor in the disposition of the large number of those
living below the poverty line to violent protests and the attendant destruction of lives and property.
Lamenting the inequality in the distribution of wealth in the country, Rewane noted that existing social stratification in the country is
brewing animosity among the various classes. “With a gini-coefficient of 43, Nigeria is stratified both by class and by regions,” he said.

Gini-coefficient is a measure of the inequality of a distribution. It is commonly used as a measure of inequality of income or wealth.
Insisting that the gap between the rich and the poor is widening on a daily basis, he stated: “In Nigeria, the ratio of the rich to the poor
is 15:1. The top 20 per cent in Nigeria get 15 times more of the income than the bottom 20 per cent.”

He advised the government to urgently fight the twin-problem of poverty and inequality that has the potential to make the northern
part of the country a hotbed of violence.
Rewaned added that the onus lies on President Goodluck Jonathan to initiate programmes that will not only improve the standards of living in the north but also address other fundamental issues that usually push the downtrodden in the area to violence.
Rewane said Nigerians would evaluate the performance of President Jonathan's administration by his economic performance, stressing that “the president knows that his political survival and legacy depends on his economic performance.”
Underpinning the urgency of the situation, Rewane called on the president to swing into action by initiating programmes to tackle the
problem in a holistic manner.

“He needs to grow the economy and carry the north along. High income inequality is a recipe for political instability and needs to be
addressed,” he stated.

Quoting a March 2011 UNESCO report, Rewane noted that northern Nigerian women rank lowest in literacy levels in the world.
To address these lapses, he stressed the need for President Jonathan to raise a team to increase national productivity and manage resources efficiently.
Economy affairs commentators have at various other forums canvassed the need to urgently tackle the problem of street urchins, called almajiris in the northern part of the country.

The army of unemployed, uneducated and poverty-stricken youths in many states in the north has been used at various times to foment trouble by some misguided leaders in the area.

Figures from the National Bureau of Statistics on the spread and trend of poverty in Nigeria show a continuous increase in the size and depth of poverty in the north.

According to another economist, Martin Oluba, “A historical movement in the spread of the poverty rate for the years 1980 to 2004 shows a continuously increasing trend for the north: 35.1% (1980), 52.60% (1981), 45.50% (1982), 70.67% (1983) and 70.13% (2004),” Corresponding distribution in the south during same period is as follows: 9.83%, 38.23%, 41.63%, 57.5% and 34.93% respectively.

According to the analyst, who quoted the figures in a recent publication, there is no reason to believe that this trend would have
changed since 2004.


http://www.thisdaylive.com/articles/income-disparity-between-north-and-south-widens/91392/
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by EzeUche2(m): 4:00pm On May 15, 2011
And there is no hope in sight. These people will continue to practice their backwards customs for many more centuries to come. That is why I say leave them to their own problems, while my people and the Yoruba people can form our own nation-states and progress.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by ektbear: 4:04pm On May 15, 2011
That Northern Nigerian female literacy rate scares the hell out of me. Extremely depressing
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Dotman01(m): 4:10pm On May 15, 2011
ekt_bear:

That Northern Nigerian female literacy rate scares the hell out of me. Extremely depressing
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by naijaking1: 4:12pm On May 15, 2011
Whose going to rely on these figures when the component data used to construct the theory such as the census was unreliable in the first place.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Sunofgod(m): 4:16pm On May 15, 2011
The figures seem plausible but it may be an attempt to divert funds to the northern region.

GDP is linked to goods production and its fair to say the North dont produce much. But who's fault is that?

I dont believe they should recieve any preferential treatment from this administration.

When their leaders were embezzling funds instead of investing in the North I didn't hear anybody from the North complaining. Yet now they want to highlight their plight.

They should take up the issue with their former leaders - Not GEJ.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by archive(f): 4:20pm On May 15, 2011
they should never have split. i bet my bottom dollar that this will cause problems for a long time to come. unite the country through education and cultural reform and spread the wealth. everybody is happy. why is this so hard for africa?
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by archive(f): 4:21pm On May 15, 2011
*they should never split
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Rhino5dm: 4:25pm On May 15, 2011
Tufiakwa! You are pretending not notice there no much difference between North and south east.  

Who wants to share a home with a snake? Take your poverty to somewhere else. It's morning time we can no longer accomodate people only to turn back and strike us deep. No more'we own Lagos from settling leeches'. You have been expose for real.

This is the time to take back our region from parasites!  

Long live Odua Republic!!!

EzeUche_:

And there is no hope in sight. These people will continue to practice their backwards customs for many more centuries to come. That is why I say leave them to their own problems, while my people and the Yoruba people can form our own nation-states and progress.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by EzeUche2(m): 4:31pm On May 15, 2011
^^^

Who said I wanted to be in a nation with your people? Reread my response before you comment. "While my people and the Yoruba people can form our own nation-states and progress." What do you think I mean by nation-states? Isn't that plural dumb arse?

I can see grammar is not your friend.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by sbeezy8: 4:35pm On May 15, 2011
SW has soooo much potential kinda sad when you see how the past govs got lazy . . .

hopefully the new govs do what the SW people deserve!
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Rhino5dm: 4:36pm On May 15, 2011
^Foooool stop mentioning SW in a group with your poverty stinking region.

Go figure out if there is much difference between 718 and 933 to warrant your hypocritical classification.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by EzeUche2(m): 4:38pm On May 15, 2011
Rhino.5dm:

^Foooool stop mentioning SW in a group with your poverty stinking region.

Go figure out if there is much difference between 718 and 933 to warrant your hypocritical classification.


Poverty stricken region? This has to be a cruel joke.

The s/east has the lowest poverty incidences in all of Nigeria. We do not have beggars like the ones found in the North and s/west. We already have the proof that shows the s/east has less incidences of poverty than any other region.

Now show all of Nairaland where it is said otherwise. Or as usual, are you just speaking from your arse?

All you do is spew crap, which means you are full of shyyyyttttt
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Nobody: 4:46pm On May 15, 2011
Why are they like this?
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Rhino5dm: 4:47pm On May 15, 2011
Was the article about beggers? Arrow!

Lmao! I see why you keep on boasting on/off NL.
Guy stop wasting your tuition fee if GDP is hard for you to comprehend.

So nice to see you not including the army of Pros*itutes in the SE and money ritualist.


EzeUche_:

Poverty stricken region? This has to be a cruel joke.

The s/east has the lowest poverty incidences in all of Nigeria. We do not have beggars like the ones found in the North and s/west. We already have the proof that shows the s/east has less incidences of poverty than any other region.

Now show all of Nairaland where it is said otherwise. Or as usual, are you just speaking from your arse? All you do is spew crap. You are full of shyyyyttttt

Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by ibelab(m): 4:47pm On May 15, 2011
@ Rhino,  men!  wie alt bist du? HOW OLD ARE U? 4 real,
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Sunofgod(m): 4:51pm On May 15, 2011
In what can be described as a clinical post-mortem of the recent post election violence that swept through the states in the north, foremost economic analyst and managing director, Financial Derivatives Nigeria Limited, Mr. Bismark Rewane said the high poverty level in the north as well as growing economic inequality should be blamed for the recurring sin assembly of violence.
So the violence in the North had nothing to do with the elections (CPC Supporters) but was the result of their low productivity / GDP? The guys talking trash.

He advised the government to urgently fight the twin-problem of poverty and inequality that has the potential to make the northern part of the country a hotbed of violence
Is that a threat? So now the North must recieve special treatment because of their madness?

Underpinning the urgency of the situation, Rewane called on the president to swing into action by initiating programmes to tackle the problem in a holistic manner.
Programme no 1 - The removal of 'Sharia' from Northern States. The region will never be able to progress under SHARIA.

Quoting a March 2011 UNESCO report, Rewane noted that northern Nigerian women rank lowest in literacy levels in the world. To address these lapses, he stressed the need for President Jonathan to raise a team to increase national productivity and manage resources efficiently.

Economy affairs commentators have at various other forums canvassed the need to urgently tackle the problem of street urchins, called almajiris in the northern part of the country
I think it would be more productive for a team (EFCC) to probe former northern politically leaders including the likes of IBB, Abacha. The funds they stole should be seized and reinvested equally between the north and south -  grin
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Rhino5dm: 4:56pm On May 15, 2011
Old enough to bleep your mother.
Any more question?

ibelab:

@ Rhino,  men!  wie alt bist du? HOW OLD ARE U? 4 real,
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by ektbear: 11:11pm On May 15, 2011
Err, less trolling back and forth please :/
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by ektbear: 11:24pm On May 15, 2011
My google skills have really failed me btw, I've not been able to find thus 2010 UN report that Bismarck Rewane cites here http://www.proshareng.com/download.php?item=reports/LBSMAY2011.pdf


If anyone finds it, let me know.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by zstranger: 11:36pm On May 15, 2011
What if the population in the North is half what the official figure says, as some people have argued on this forum for ages. That means the North isnt really half as wealthy as the South.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Musiwa13: 11:43pm On May 15, 2011
[size=35pt]This information is fraud, there is no data anyone in Nigeria has to this. Northerners are living better than southerners. You see Thisday newspapers is a propaganda newspaper .  This information is not correct. [/size]




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Katsumoto: 11:46pm On May 15, 2011
zstranger:

What if the population in the North is half what the official figure says, as some people have argued on this forum for ages. That means the GDP isnt really half as wealthy as the South.

I wouldn't disagree with you. I actually don't trust figures from naija.
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by zstranger: 11:50pm On May 15, 2011
@Musiwa,


WTF is wrong with you?
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by ektbear: 11:51pm On May 15, 2011
Musiwa: Any chance you can edit your post to LINK to the images rather than embedding them?
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Nobody: 11:53pm On May 15, 2011
After all said and done, how is the South really different from the North in terms of comfortability? Security? Safety?
Re: Income Disparity Between North And South Widens (North Half As Wealthy As South) by Nobody: 12:09am On May 16, 2011
Becomrich, as usual came at the right time. . . . . just when I was getting bored of the thread.

Yihuuu!! cheesy cheesy grin

(1) (Reply)

Iq's Of Famous Leaders / Video: Edo Teacher Can't Read Her Certificate After 20 Years In Teaching / Why Festus Odimegwu Resigned As NPC Boss

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 55
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.