Former Vice President Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP), has said that poverty has become the fastest growing venture in Nigeria in the last four years.
Atiku’s statement came in his response to the recent United Nations Development Programme report.
“And in the wake of this report by the UNDP, we are greeted with nonchalance by those who led us into this crisis. It is as though they think that as long as they and their families are not amongst those 98 million extremely poor Nigerians, things can carry on as before,” Atiku said.
The UNDP on July 11 revealed that over 98million Nigerians were living in multi-dimensional poverty.
“The failure of our economy over the last four years affects everyone from top to bottom. Four years ago, Aliko Dangote, Nigeria’s richest man, was worth $25bn. However, his net worth in 2019 is less than half that. He joined thousands of industrialists whose wealth and their ability to produce, had eroded in recent years, and continue to do so.
“With the National Bureau of Statistics reporting a net job loss of over six million since 2015, we see that if industrialists have their wealth eroding, it affects their ability to create opportunities, which means that the trickle-down effect gradually dries.”
The PDP presidential candidate noted that there was an urgent and compelling need to understand that it was an appalling dereliction of duty to stand idly and allow misery multiply.
He further noted that the greatest threat to the nation’s national security now was not Boko Haram or banditry, but (in his words) the creation of the largest wave of poverty in human history.
For this reason, Foreign Direct Investment has shifted from Nigeria to Ghana, making Ghana the number one destination for FDI in West Africa.
“But that cannot be allowed to be the case. Those who have the ability, including the Council of State, all former leaders, elder-statesmen, and especially the other arms of government, must begin to collaborate for solutions, before the number increases from 98 million, to all 198 million Nigerians.
“We must remember that we are stakeholders in the Nigerian project; stakeholders who must speak up for those 98 million people who are losing their voices to poverty,” the former VP said in his statement issued through his aide, Mr. Paul Ibe (as obtained by Naija Buzz News).
Ogbodo ThankGod is currently the Managing Director/CEO/Group Chief Editor at Naija Buzz News Network. He was the Chief Editor at NaijaBuzz.News before his new top leadership role. Ogbodo has years of experience in the Nigeria Media Industry and has co-founded some media companies. He is the founder of Ogbodo Solution Nigeria and 1Push.Ng. He loves playing football and is a strong supporter of Lionel Messi who he describes as the greatest footballer of all time.