Opinion
Why Are The Majority Poor?
Linda Chika Amuka
Successive military and civilian dispensations assumed power profusely professing intent to salvage. Over the years, we have had leadership that were habitually deceptive, that is to say, the leadership was a cult or dupes, who on grabbing power, disengaged themselves from constitutional social contract of harnessing common resources and equally redistributing same to the populace.
The Nigerian leadership rather than being a solution has remained a cog in the wheel of development of social and economic structures which has resulted in the perpetual impoverishment of the hapless citizenry. In ordinary terms, our leaders ascend to power on the vacuous promise that they will elevate the living standards of Nigerians but rather have always diverted such opportunities to personal enrichment.
As a precursor to their elevation to power, they feign ignorance to the state of social and economic disrepair, they traverse the length and breadth of their political constituencies promising heaven on earth. The reoccurrence of this officially perennial high-handedness has become worrisome because of its multifariously deleterious effect on the social and economic status of the populace. In other words, our leaders have made it a duty that on no account must the people they lead heave a sigh of relief. The systematic under-development of the social and economic structures is designed to convert the citizens’ rights into privileges and to bring about a continuity of the depending syndrome. The tenacity with which the leadership had held back development and welfare programmes is evident in the acute deprivation suffered by the people of this country.
In essence, it is important to note that the leadership is in the habit of making sure that the people they lead will not see the light of prosperity, such that the master-servant relationship will continue in perpetuity.
The level of leadership-induced poverty is basically unacceptable, considering the enormity of our commonwealth. It can be seen that the leadership is holding the populace in deliberate derision, amounting to contempt and human indignity making sure that the majority will remain in avoidable degradation.
The question in the mouth of many has remained how 10 per cent of the populace has continued to be recycled and hijack power for the sake of depriving the majority in this country. The answer is that the leadership has continually deliberately held on to its devices and methods of impoverishing the majority. The difference between America and Nigeria is that they utilise their resources in the interest of their citizenry such that welfare programmes of sort are initiated to make sure that a minimum standard of living is maintained which can prevent minor to major crimes. They develop and maintain infrastructure rather than auctioning them. They make sure that their citizens are accorded their rights of decent by subsidizing economic and social services. They make sure that provision of employment is a major determinant of economic growth. They measure the performance of government by the level of happiness generated among the people. They don’t allow anybody any excuse to commit crime, which is the reason their security is uncompromisingly strict and is at variance with our security such that their method is crime preventive while ours is crime inventive.
The lamentable state of poverty and deprivation in this country needs to stop, because we cannot continue to deceive the people of this country longer than we have done. If government is serious about lifting the living standards of the people, it will remove the land use decrees, it will make education free at all levels, it will make loans compulsorily affordable to farmers, it will reduce the price of fuel, it will enhance the casualty centres of the so-called federal medical centres. It will liberalise importation such that goods and services will be cheap.
Our industries are deliberately moribund even when the government had closed importation of goods to encourage their growth. It is no longer tenable that free flow of importation is the albatross of our industries. The textile industries at Isolo, which were closed down due to non-availability of raw materials should be encouraged because they are heavy employers of labour.
This country can afford to lavish incentives at the economic sector and make this economy subsidy-based. President Yar’Adua must understand that there is no sense in auctioning the commonwealth of this country which is one of the reasons we are where we are today.
Obasanjo’s economic witch-doctors told him that he will succeed by alienating the citizenry through privatisation. We now know the damages done to our economy through such disturbing us with noise of how many roads they have built as if it is their money that is being used. Their primary concern should be how to put food compulsorily on every table, how to generate employment, how to create an enabling environment for self-employment and how to develop human resources. The people of this country are hungry, deprived, cheated, abandoned because of greed of a few people. This country can afford to employ every graduate; this country can afford to look after the elder; we can afford to subsidise petroleum to even twenty naira per litre.
If we refuse to do these things, the rate of crime will continue to rise, until it will lead to a revolution, we are undoubtedly close to that now.
The activities of government at all levels are at variance with the needs of the people and that is to say, there is total disregard for the living standard of the populace.
The Central Bank in any developed country is responsible for control of fiscal policies that can generate employment based on the right data.
The CBN cannot continue to give vague reasons as to why inflation cannot be controlled. The double digit interest rates, on the excuse that depositors must demand return on deposits is the bane of the economy and the crux of the matter. This is mere abuse of our sensibilities and collaboration of interested parties because if the cost of fund is brought to single digit, productivity will rise, employment will increase and nothing will stop this imaginary inflation from coming down. The excess liquidity is neither here nor there because this economy is not financially saturated in the first place.
The reduction of monetary policy rate when not long ago the CBN said there was excess liquidity is admittance of monetary policy confusion all in the bid to avoid reduction of cost of funds. It is wrong to keep huge sums of money in foreign reserves or in the AFC which can be used to develop infrastructure. If there is excess liquidity, why don’t we utilise it positively? Why are the people still very poor? Why were they failed banks not bailed out instead of being eliminated? The financial theorem of the CBN is a deliberate misconception to keep the people in perpetual poverty. The government should discountenance monetisation of everything and concentrate on enhancing the agricultural and industrial sectors and, at the same time, retrieve all the infrastructures they have put private hands, because we are not developed to the extent of privatizing and monetizing this fragile economy. By so doing government has admitted incapability to manage resources, in other words, government is a failure by abdicating its responsibilities to privately owned corporations which are only interested in maximum profit and as a result, the people are poorer.
Amuka is a student of Anambra State University, Awka
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Empowering Youth Through Agriculture
Quote:”While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries”.
The Governor of Rivers State, Sir Siminalayi Fubara, recently urged youths in the Rivers State to take advantage of the vast opportunities available to become employers of labour and contribute meaningfully to the growth and development of the State. Governor Fubara noted that global trends increasingly favour entrepreneurship and innovation, and said that youths in Rivers State must not be left behind in harnessing these opportunities. The Governor, represented by the Secretary to the State Government, Dr Benibo Anabraba, made this known while declaring open the 2026 Job Fair organised by the Rivers State Government in partnership with the Nigeria Employers’ Consultative Association (NECA) in Port Harcourt. The Governor acknowledged the responsibility of government to create jobs for its teeming youth population but noted that it is unrealistic to absorb all job seekers into the civil service.
“As a government, we recognise our duty to provide employment opportunities for our teeming youths. However, we also understand that not all youths can be accommodated within the civil service. This underscores the need to encourage entrepreneurship across diverse sectors and to partner with other stakeholders, including the youths themselves, so they can transition from being job seekers to employers of labour,” he said. It is necessary to State that Governor Fubara has not only stated the obvious but was committed to drive youth entrepreneurship towards their self-reliance and the economic development of the State It is not news that developed economies of the world are skilled driven economies. The private sector also remains the highest employer of labour in private sector driven or capitalist economy though it is also the responsibility of government to create job opportunities for the teeming unemployed youth population in Nigeria which has the highest youth unemployed population in the subSahara Africa.
The lack of job opportunities, caused partly by the Federal Government’s apathy to job creation, the lack of adequate supervision of job opportunities economic programmes, lack of employable skills by many youths in the country have conspired to heighten the attendant challenges of unemployment. The challenges which include, “Japa” syndrome (travelling abroad for greener pastures), that characterises the labour market and poses threat to the nation’s critical sector, especially the health and medical sector; astronomical increase in the crime rate and a loss of interest in education. While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries.
While commending the Rivers State Government led by the People First Governor, Sir Siminilayi Fubara for initiating “various training and capacity-building programmes in areas such as ICT and artificial intelligence, oil and gas, maritime, and the blue economy, among others”, it is note-worthy that the labour market is dynamic and shaped by industry-specific demands, technological advancements, management practices and other emerging factors. So another sector the Federal, State and Local Governments should encourage youths to explore and harness the abounding potentials, in my considered view, is Agriculture. Agriculture remains a veritable solution to hunger, inflation, and food Insecurity that ravages the country. No doubt, the Nigeria’s arable landmass is grossly under-utilised and under-exploited.
In recent times, Nigerians have voiced their concerns about the persistent challenges of hunger, inflation, and the general increase in prices of goods and commodities. These issues not only affect the livelihoods of individuals and families but also pose significant threats to food security and economic stability in the country. The United Nations estimated that more than 25 million people in Nigeria could face food insecurity this year—a 47% increase from the 17 million people already at risk of going hungry, mainly due to ongoing insecurity, protracted conflicts, and rising food prices. An estimated two million children under five are likely to be pushed into acute malnutrition. (Reliefweb ,2023). In response, Nigeria declared a state of emergency on food insecurity, recognizing the urgent need to tackle food shortages, stabilize rising prices, and protect farmers facing violence from armed groups. However, without addressing the insecurity challenges, farmers will continue to struggle to feed their families and boost food production.
In addition, parts of northwest and northeast Nigeria have experienced changes in rainfall patterns making less water available for crop production. These climate change events have resulted in droughts and land degradations; presenting challenges for local communities and leading to significant impact on food security. In light of these daunting challenges, it is imperative to address the intricate interplay between insecurity and agricultural productivity. Nigeria can work toward ensuring food security, reducing poverty, and fostering sustainable economic growth in its vital agricultural sector. In this article, I suggest solutions that could enhance agricultural production and ensure that every state scales its agricultural production to a level where it can cater to 60% of the population.
This is feasible and achievable if government at all levels are intentional driving the development of the agricultural sector which was the major economic mainstay of the Country before the crude oil was struck in commercial quantity and consequently became the nation’s monolithic revenue source. Government should revive the moribund Graduate Farmers Scheme and the Rivers State School-to-Land agricultural programmes to operate concurrently with other skills acquisition and development programmes. There should be a consideration for investment in mechanized farming and arable land allocation. State and local governments should play a pivotal role in promoting mechanized farming and providing arable land for farming in communities. Additionally, allocating arable land enables small holder farmers to expand their operations and contribute to food security at the grassroots level.
Nigeria can unlock the potential of its agricultural sector to address the pressing needs of its population and achieve sustainable development. Policymakers and stakeholders must heed Akande’s recommendations and take decisive action to ensure a food-secure future for all Nigerians.
By: Igbiki Benibo
