Opinion
In The Throes Of Inequality
It is hard to decipher why Nigeria which glowingly takes pride as the biggest economy in Africa remains securely placed among the poorest economies in the world. Why? Does it mean that the highly-talked about economic progression doesn’t percolate to the ordinary Nigerian and bridge the ever-widening gap between the rich and the poor?
But what is even more troubling is for the past two years, our beloved country has consistently engaged the lowest rung of global ratings of nations that exert conscious efforts to reduce the interstice between the rich and the poor.
For instance, according to the latest “Commitment to Reducing Inequality (CRI)” index, a global ranking of governments based on their efforts to tackle the gap between the rich and the poor, Nigeria has been ranked 157th out of 157 countries. This is appalling and a huge ignominy to the country.
The report, released this year at the annual International Monetary Fund and World Bank (IMF/WB) meeting in Bali, Indonesia, actively demonstrated that for every ten children in Nigeria, one hardly reaches their fifth birthday. Worse still, more than 10 million children do not attend school. And about 60 percent of these are girls.
Conversely, the release further stated that Ghana, another African country, had experienced impressive economic growth over the past 20 years and seen a significant decline in poverty, adding that poverty levels had more than halved between 1992 and 2013 in that country.
Also, the CRI of OXFAM, a global civil society body that combats injustice and social ills indiscreetly divulges that in the past year Nigeria had witnessed reported increase in the number of labour rights violations while social spending has either stagnated or extinct.
If these reports dazzle fellow Nigerians, I am by no means consternated. However, it is perplexing. For many years, the various tiers of government have significantly failed to utilise huge oil revenues to refreshingly modify the fortunes of the average Nigerian and lift them out of grinding poverty.
Rather, and in addition to rent-seeking, these revenues have served as pulp funds to highly aggrandise a few individuals. It is indeed very obvious that all the much acclaimed impressive economic growth rates of the last couple of years have not translated into exceptional life for majority of the people.
On the contrary, Nigerians have continued to be ranked among the desperately poor people in the world and this apparent paradox can be linked to the growing inequality between the rich and the poor. Inequality has been on a steady rise for many years and is a serious threat to poverty reduction efforts of government.
Why are we in this most consistent predicament? What are the factors responsible for our state of affairs? Certainly, ingredients like massive unemployment, preference for the production of primary goods over finished products, decaying public infrastructure, increasing insurgency and impenetrable systems of governance cannot be ruled out as to why we are in these genetic monstrosities.
The high rate of out-of-school children and poor output in the education sector also contribute negatively to excavating inequality as the nation churns out a highly illiterate and uncompetitive youth in a world driven by science and technology.
There is even a bigger confrontation. Many rural communities lack electricity. While some have no access to potable water, others need critical infrastructure for storage and transportation of raw materials from their production domiciles to the various markets. Similarly, farmers are taken undue advantage of by middlemen who rake in momentous profits upon resale of farm produce.
Those challenges and many others have to be tackled to lift Nigerians from abject poverty. Remember, no government would like to act to end poverty without citizens’ active promptings or involvement. Therefore, Nigerians must demand justice, fairness and accountability to reduce or eradicate the deepening commitment to poverty.
All said, it behoves on the federal government, the states and local authorities to regard the up-to-the-minute report on the growing poverty in Nigeria as another warning to act for a nation blessed with enormous natural and human resources interlaced with poor governance.
By: Arnold Alalibo
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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
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