Economy

Report Reveals ₦45 Billion Poverty Alleviation Spending in 15 Northern States

Amid soaring inflation, 15 northern states collectively spent approximately ₦45 billion on poverty alleviation programs in the first half of 2024, an investigation has revealed. The National Bureau of Statistics (NBS) reported on Friday that Nigeria’s inflation rate rose to 33.88% in October 2024, up from 32.70% in September. This marks a sharp increase from […]

International

Eradicating Poverty May Take Over 100 Years in Many Countries – World Bank

The World Bank has warned that eradicating poverty for nearly half the global population could take more than 100 years, based on current trends. This stark projection comes from the Bank’s newly released Poverty, Prosperity, and Planet Report, the first comprehensive post-pandemic assessment of global efforts to combat poverty and promote shared prosperity in a […]

Politics

Incompetent Politicians on Power Pushing Nigeria Deeper into Poverty – Ex-Gov Duke

Former Governor of Cross River State, Donald Duke, has called on Nigeria’s political class to take decisive actions to restore hope and pride among the nation’s youth. Speaking at the 2024 Teens Career Conference in Abuja, Duke lamented that the country’s political arena has been overtaken by “quacks,” who have degraded politics to its lowest […]