₦airaland Forum

Disturbing Report on Our Growing Poverty.

Recent reports should deeply concern every responsible leader and citizen in Nigeria. A new policy study released by Agora Policy, with support from the Nigeria Economic Stability and Transformation Programme and the United Kingdom’s Foreign, Commonwealth and Development Office, has shown that the poverty rate in our country has climbed from about 40% before the current reforms to over 63% today under this administration. Explicitly showing that the economic reforms of this administration have pushed more Nigerians into poverty than ever experienced in our dear nation.

For a country whose population is estimated at over 220 million people, this means that well above 140 million Nigerians now live in poverty. Families nationwide can no longer afford basic necessities such as food, transportation, rent, or healthcare.

Across the six geopolitical zones of Nigeria, families report painful coping strategies, reducing food consumption, trekking instead of using public transport, having no electricity to use, and borrowing simply to survive. Small businesses, which are the backbone of our economy are shutting down.

An economy cannot be said to be improving when the majority of its people are becoming poorer.
What makes this situation even more troubling is the contrast between the growing hardship faced by ordinary Nigerians and the continued pattern of lavish and insensitive spending by those in power. At a time when citizens are tightening their belts, struggling to eat, and watching their businesses collapse, the politicians continue to spend huge budgets on their comfort and other non-essential extravagances. Leadership must lead by example, especially during difficult times. You cannot ask the citizens to fast while you feast. Sacrifice must begin from the top.

True economic reform must be people-centred. It must protect the most vulnerable while pursuing fiscal sustainability. Reforms that deepen poverty, widen inequality, and crush small businesses cannot be described as successful.

Nigeria is blessed with immense human and natural resources. What we require is leadership that prioritises prudence, compassion, and accountability, leadership that measures success not by elite comfort but by the well-being of the ordinary Nigerian.

Nigeria must urgently and strictly implement policies that support development, expand production, small businesses, and protect vulnerable households.

A New Nigeria is POssible. -PO

Peter Gregory Onwuabasi Obi

I don't think Obi has any strategy in his armory to defeat Tinubu,other than all these online rhetorics.

Even many of his south Eastern governors and celebrities are not on the same page with him. Tinubu has cornered all of them.

Obi is on a Long thinggg

"Now, we come to the ‘sophisticated’ South-West, and to a great extent, the South-South. I wept for Yorubaland! The region proved to be the most unfortunate group in the ‘protest’, which ensured that everything about the hunger in the land is as a result of the ‘hatred’ for Tinubu!

[I]I feel so ashamed each time I come across the state-sponsored narratives that have emanated from the South-West over this ‘protest’. Again, the pro-government groups and individuals in the South-West have also shown that Nigeria is a superglued nation! [/i]

For many of these ‘Hallelujah’ groups, it doesn’t matter if Tinubu performs in office or not as long as it is a Yoruba man that is there! They don’t care if or not their man would be leaving behind any legacy.

These are the set of people (very many of them hungry and beggarly), who have taken the “Èmilókán” campaign to a level that no matter how fatuous a government policy is, as long it is Tinubu that initiated it, ‘all true sons and daughters of Yorubaland’ must embrace it!

To them, with that kind of thinking faculty, the hunger in the land is because people lost elections. The inability of farmers to go to their farms because of farmers’/herders’ clashes can be traced to election losers.

The floating of the Naira, poor economic policies of the government and the extravagance at all levels of government is all about 2027. Pity!

https://tribuneonlineng.com/protest-that-restructured-nigeria/

A government completely out of touch with the suffering of the downtrodden people.

There are no reforms, what we have is a deliberate attempt to impoverish Nigerians so that poverty can be weaponized for reelection.

OriOko88:
I don't think Obi has any strategy in his armory to defeat Tinubu,other than all these online rhetorics.

Even many of his south Eastern governors and celebrities are not on the same page with him. Tinubu has cornered all of them.

Obi is on a Long thinggg

What strategy did Tinubu bring, to begin with?
Removing fuel subsidy before even sitting on the presidential seat, thereby, plunging the common man deeper into hardship/poverty?

OriOko88:
I don't think Obi has any strategy he has in his armory to defeat Tinubu,other than all these online rhetorics....

Yes! Peter Obi may not be president, but that should never take away the humanity in him or any other sane person. What is the use of being in govt when your citizen kept on suffering due to your wickedness?

Mariangeles:
What strategy did Tinubu bring, to begin with?
Removing fuel subsidy before even sitting on the presidential seat?

Tinubu didn't bring any strategy but he has many grassroots foot soldiers who canvassed voters for him in rural areas across the country. How many foot soldiers does obi have apart from those online content creators who just support him online for engagement. Mk him sponsor many foot soldiers who can go to rural areas in Nigeria to canvas votes for him

Mariangeles:
What strategy did Tinubu bring, to begin with?
Removing fuel subsidy before even sitting on the presidential seat, thereby, plunging the common man deeper into hardship/poverty?

where did u expect him to get money for fuel subsidy when buhari paid till his handover month?

So u think any financial company will give a new government loan?

How I hate hypocrisy!. Same subsidy this fraud said he would remove immediately if he becomes president during campaign.

I swear, this fraud irks me anytime he opens his mouth. The more reason this fraud will never become President of our dear country Nigeria.

This fraud and his delusional supporters saying people are hungry, people cannot afford food, bla bla bla. These bitter people lie a lot, food prices are coming down and that's why this fraud was saying that cheaper food prices is making farmers become poor.

Putindbutt:
How I hate hypocrisy!. Same subsidy this fraud said he would remove immediately if he becomes president during campaign.

I swear, this fraud irks me anytime he opens his mouth. The more reason this fraud will never become President of our dear country Nigeria.

Thanks.

PETER OBI IS A CRIMINAL.

This man in his campaign said that fuel subsidy was a scam on the people which he would drop "on day one".

Now he's talking with the other side of his mouth.

SHAMELESS MAN.

ALL SANE NIGERIANS ACCEPT THAT WE HAD NO CHOICE but to get rid of those subsidies that were causing Nigeria to borrow $10 billion a year to pay them.

Today, we see light at the end of the tunnel as inflation drops and prices slowly climb down.

Allocation to the states have more than quadrupled, so all the states are construction sites now. Infrastructural development is the norm in every state today.

MEANING THE REFORMS ARE WORKING.

Because it all starts from the macro economics.

IF the macro economics are looking the best they ever have, is it not sheer common sense to await the next few months and years and watch the MICRO economics start to show positive growth?

Is this the time to be pouring scorn on the policy?

That man hates this country.

Was he not working for Abacha when Tinubu and co were risking their lives fighting for the democracy we have today?

The inconsistencies and sheer hypocrisy of the bitter election losers is sickening. You worship Trump because you believed what he promised during his campaign, he's doing it, like deporting illegal immigrants and co. Even though he lied he won't go to war yet you still suückin his balls

But Tinubu who also campaigned of removing fuel subsidy, floating the naira, granting credit facilities to SMEs ( thru CREDITCORP), students loan, promised to bring back foreign investors ( paid back $7b forex backlog), promised there will be no ASUU strike, etc and he fulfilled all of that yet you insult him and call him names.

You losers will continue losing.

OriOko88:
I don't think Obi has any strategy in his armory to defeat Tinubu,other than all these online rhetorics.

Even many of his south Eastern governors and celebrities are not on the same page with him. Tinubu has cornered all of them.

Obi is on a Long thinggg

He is also telling the truth

OriOko88:
I don't think Obi has any strategy in his armory to defeat Tinubu,other than all these online rhetorics.

Even many of his south Eastern governors and celebrities are not on the same page with him. Tinubu has cornered all of them.

Obi is on a Long thinggg

All you lots worry about is winning elections. You are terrible at administration and Mr. Obi is only saying the obvious.

Fast and feast,
Two sides of a coin

Tinubu is a calamity of unparalleled proportions

Kemetian:
Thanks.

PETER OBI IS A CRIMINAL.

This man in his campaign said that fuel subsidy was a scam on the people which he would drop "on day one".

Now he's talking with the other side of his mouth.

SHAMELESS MAN.

You have no idea how much I h8t that hypocritical fraud. He had been exposed several times of lying yet he keeps talking because he's shameless and his mobs keep deceiving him as being the best thing after slice bread.

A failure who increased poverty as Governor of Anambra. He's worse than everything he criticized.

The Agulu packaged fraud is looking for more attention.

This man is the only opposition we have in Nigeria
The main reason apc paid propagandist attack him every now and then
Same reasons influencers like Reno, bwala and co are given political appointment for a reward

I really love this Obi guy. He knows how to press tilubu neck very well, just like they were pressing GEJs neck in 2014.

Carry on Sir. We love you

OriOko88:
I don't think Obi has any strategy in his armory to defeat Tinubu,other than all these online rhetorics.

Even many of his south Eastern governors and celebrities are not on the same page with him. Tinubu has cornered all of them.

Obi is on a Long thinggg

I think many Nigerians are happy with our current president and will not vote to replace him, which makes me wonder what they are enjoying while some are here wailing.

Na person wey build brewery and d upper iweka m man best fit talk like dis

That report is even conservative or funny...!

140 million ke?!! Lol.


Poverty level today in Nigeria can't be less than 180 Million out of 220 million.

Yep... That means only less than 20% of Nigerians are actually well above the Poverty line.

What a shame!!!

Putindbutt:
How I hate hypocrisy!. Same subsidy this fraud said he would remove immediately if he becomes president during campaign.

I swear, this fraud irks me anytime he opens his mouth. The more reason this fraud will never become President of our dear country Nigeria.

Obi has no idea on how to run an economy. He's only interested in promoting IPOB agenda.

Oga comments like this can't get Tinubu out of power unfortunately. I would advise you concentrate on how to win ADC primaries first and then how to secure your votes and make sure they count.

Sheuns:
All you lots worry about is winning elections. You are terrible at administration and Mr. Obi is only saying the obvious.

If he's not strategic he will be online typing on x till 2050. Mk him no go find means to defeat APC.

When the wicked rule, the people suffer proverb 29:2
If we don't correct the mistake we made in 2023, we'll continue to suffer for another +four years

The NDLEA needs to step up their war against drug abuse!

Tinubu is a City boy that doesn't care about Electricity and Security, and some sane humans thinks he's a worthy president?

Tinubu has spoilt the legacy of Buhari in terms of Security and Electricity.

Those are the people benefiting from his government. What about you?

Do you believe that PO will do better as a President? If yes, fight for your interest!

OriOko88:
I don't think Obi has any strategy in his armory to defeat Tinubu,other than all these online rhetorics.

Even many of his south Eastern governors and celebrities are not on the same page with him. Tinubu has cornered all of them.

Obi is on a Long thinggg

Will you remove fuel subsidy
Yes and No🤣
So unstable like his supporters.

He has taken advice from the madman again. He talks rubbish anytime he goes to the madman for advice.