Oxfam, in its latest report entitled, “Inequality in Nigeria, Exploring the Drivers,” in Abuja, had presented an alarming picture of the Nigerian economic situation, stating that 112 million Nigerians are living in abject poverty.
The Federal Government, yesterday, accused Oxfam International of trying to incite some sections of Nigerians with its latest statistics on poverty and inequality in Nigeria.
Presenting a picture of extreme inequality in Nigeria, Oxfam argued that the combined wealth of the five richest Nigerians, put at about $29.9 billion, could end extreme poverty in the country. Speaking at the launch of the report in Abuja, Minister of State, Budget and National Planning, Hajia Zainab Ahmed, said the 54-page Oxfam report on inequality and poverty in Nigeria does not have the requisite methodology, definition of content and diplomatic approach to analyse and appraise Nigerian affairs.
Represented by Director, International Cooperation of the Ministry, Mr Eloho Samuel, the minister noted that the positive development and all the positive poverty alleviation scheme implemented by the Federal Government were not considered in the report.
He said: “I was worried by the language, tone and style of the report, and this made me to ask: what was at the back of the mind of the authors when the report was being written? “When I looked at the report, I was worried about certain concepts, such as ‘who are the elite?’ There was no definition of terms, such as elite and poverty. More worrisome was if the report falls into the hands of aggrieved individuals, how would they react? “To us in Nigeria, when we find problems, we pray for the leaders. Let us think Nigeria, write Nigeria and behave like Nigerians.”
Findings in the report According to the report, economic inequality was a key factor behind the conflict that had led to the severe food crisis in Nigeria’s North East states, especially as the UN estimates that about five million people in North East Nigeria will suffer from severe food shortages this year. Other findings in the report include that “Nigeria’s richest man earns 8,000 times more in one day than a poor Nigerian will spend on basic needs in a year.
More than 112 million people are living in poverty in Nigeria, yet the country’s richest man would have to spend $1 million a day for 42 years to exhaust his fortune.
“Despite a rapidly growing economy, Nigeria is one of the few countries where the number of people living in poverty increased, from 69 million in 2004 to 112 million in 2010 – a rise of 69 per cent. The number of millionaires increased by 44 percent during the same period.” Commenting on the report, Celestine Odo, Good Governance Programme Coordinator for Oxfam in Nigeria, said it was obscene that the richest Nigerian has amassed more money than he can ever hope to spend in a country where five million people will struggle to feed themselves this year.
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