Flingpord

  Nigeria, being the poverty capital of the world, has become a cliche. The country is on the path of fulfilling   The Economist’s   prediction that in the not-too-distant future, 80 per cent of the world’s poorest will reside in it and the Democratic Republic of Congo. Nigeria needs an all-hands-on-deck approach to negate this prophecy. Last month, the nation was stunned by a report from the National Bureau of Statistics confirming that 133 million Nigerians live in multidimensional poverty. This is more alarming than the 90 million or thereabout earlier said to be living in extreme poverty in Nigeria. What is the difference? The 90 million is calculated based on daily $2.15 income per person, MDP introduces other dimensions like the quality of health and education, hence multidimensional. Either way, Nigerians are getting poorer by the day. Joining the fray were two other gentlemen who spoke for two separate institutions. Professor Kingsley Moghalu’s Institute for Gover...