Author: The Nation

  • ECOWAS to provide humanitarian support to Mali

    The Economic Community of West African States (ECOWAS) has put in place an humanitarian support programme for Mali.

    Consequently, 20 members of its Emergency Response Team (EERT) will be deployed to Mali within the framework of a regional Humanitarian Assistance for the country with exiting political and security crises.

    The field deployment for three months beginning from November 18 would be preceded by a four-day Pre-Deployment Training (PDT) in the Malian capital, Bamako.

    The PDT is being supported by the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA), which is funding the training and also providing all-round flight tickets for the selected ECOWAS EERT members from their respective countries.

    According to a statement issued by the regional body, four of the ECOWAS EERT members being deployed will be seconded to the UN refugee agency, to support its voluntary repatriation and reintegration programme in Mail.

    The Malian Minister of Labour, Social and Humanitarian Affairs is to inaugurate the EERT deployment, while an ECOWAS delegation to be led by the Commissioner for Human Development and Gender, Dr. Adrienne Diop, would discuss the modalities and way forward on the ECOWAS humanitarian support with Malian authorities.

     

  • World’s first nutritionally balanced pizza

    World’s first nutritionally balanced pizza

    Pizza is widely regarded as a fully-paid up member of the junk food gang; maybe even the leader; at least the versions found on supermarket shelves or delivered to your door by scooter.

     

    Historically, a few humble ingredients: bread, tomatoes and a little cheese, combined to form a traditional, healthy meal, but many of today’s pizzas have recruited two dangerous new members to their posse — salt and saturated fat.

     

    However, pizzas and many other nutritionally-dubious foods can be made nutritionally ideal: A crowning example of ‘health by stealth’ according to scientists, who say it is possible to reformulate such foods to achieve public health goals, without upsetting

    their taste so they remain commercially successful for producers.

     

    Professor Mike Lean, a physician and nutritionist in the School of Medicine at the University of Glasgow, said: ‘Traditional pizza should be a low-fat meal containing at least one portion of vegetables, so mainly made from ingredients associated with better cardiovascular health’

    However, to enhance shelf-life, commercial pizza recipes today include much more fat and salt than desirable. Until now, nobody has stopped to notice that many essential vitamins and minerals are very low or even completely absent. From a nutrition and health perspective, they are hazardous junk.

     

    ‘Pizzas are widely consumed and regarded as meals in themselves, and yet their impact on human nutrition does not seem to have been studied.’

     

    The team of scientists, which also included Dr Emilie Combet, Amandine Jarlot and Kofi Aidoo of Glasgow Caledonian University, set out to ascertain the nutritional content and quality of contemporary pizzas and to demonstrate that pizza can be reformulated to make it the basis of a fully nutritionally-balanced meal.

     

    A range of new pizza recipes was then developed, each containing 30% of all the nutrients required in a day: in other words, an ideal meal.

     

    A total of 25 Margarita pizzas were analysed. They varied widely in calorie content, ranging from 200 to 562kcal. Few approached the 600kcal energy requirement that would make it a proper meal, so people may tend to eat something extra.

     

    Perhaps surprisingly only six of 25 pizzas tested contained too much total fat (<35% total energy), with eight having too much saturated fat while only two boasting a desirable level (>11% total energy). Most of the fat in the pizzas came from the cheese.

     

    The amount of sodium in most of the 25 pizzas was substantially over the recommended limit, with nine containing more than 1g per 600kcal serving.

     

    Several pizzas had sodium levels well within the recommended limit but were not advertised as low-salt or low-sodium, indicating that recipes can be modified and remain commercially successful.

     

    To constitute a healthy nutritionally-balanced meal, at least 45% of the energy intake should come from carbohydrates. Only five failed to meet this requirement, due to combined high fat and protein contents.

     

    Vitamin and mineral content information was mostly absent from the packaging, with only five providing this information in detail, and three having basic information. None met the recommended value for iron, vitamin C and vitamin A. One met just the iron requirement and two the vitamin C requirement. Vitamin A requirement was met in four pizzas, and only one met calcium requirements.

     

    Prof Lean said: ‘Some were really bad. While none of the pizzas tested satisfied all the nutritional requirements, many of the requirements were met in some pizzas, which told us it should be possible to modify the recipes to make them more nutritionally-balanced without impacting on flavour — health by stealth, if you like.’

     

    To demonstrate how to do it, the researchers joined forces with an industrial food producer to modify a modern pizza recipe: reducing salt, adding whole-wheat flour, adding a small amount of Scottish seaweed to provide flavour, vitamin B12 and fibre, iron, vitamin A, vitamin B12 and iodine, adding red peppers provided extra vitamin C.

     

    The proportions of bread base to Mozzarella cheese was adjusted to correct the carbohydrate/fat/protein ratios and minimize saturated fat content. After cooking, it was finally analysed in the laboratory.

     

    The team put the end result to a taste test with members of the public and both children and adults gave it the thumbs-up for taste and attractiveness.

     

    The world’s first nutritionally-balanced pizzas were subsequently marketed by food company Eat Balanced.com, and three flavours are available from various UK supermarkets.

     

    Prof Lean said: ‘There really is no reason why pizzas and other ready meals should not be nutritionally-balanced. We have shown it can be done with no detriment for taste.

     

    ‘Promoting ‘healthy eating’ and nutritional education have had little impact on eating habits or health so far, and taking so-called ‘nutritional supplements’; makes things worse.

     

    ‘We can’t all make entirely home-made meals, so it’s about time that manufacturers took steps to make their products better suited to human biology, and we have shown then how to do it. Rather than sneaking in additives like salt, they could be boasting about healthier

    ingredients that will benefit consumers.’

     

    The study ‘Development of a nutritionally-balanced pizza, as a functional meal designed to meet published dietary guidelines’ , is published in the journal Public Health Nutrition.

     

     

  • Together, at Home and at Work

    Together, at Home and at Work

    I spent much of the last six months helping my wife with a rare professional opportunity. When friends heard how many days, nights and weekends we spent in the same room, they had the same reply: “Whoa! When are you getting divorced?”

    It reminded me of when my mother, an art teacher by training, helped my father, a real estate developer, build houses when I was young. She described the experience as “the worst years of our marriage.”

    People who don’t work with their spouses look at those who do in the same way that casual fans often look at professional hockey: Sure, it’s fun for a while, but when is the fight going to break out?

    One reason for this hostility may be decades of negative examples. There are some high-profile couples who work together successfully. Bill and Melinda Gates run their foundation, as do Bill and Hillary Clinton (along with Chelsea). Nina and Tim Zagat built their restaurant-guide empire together, as did Kate and Andy Spade in fashion. Joel Coen has directed his wife, Frances McDormand, in four films; Daniel Craig and Rachel Weisz are performing together on Broadway now.

    But the list of famous couples who worked together and flamed out is even longer. In Hollywood: Richard Burton and Elizabeth Taylor, Lucille Ball and Desi Arnaz, Woody Allen and Diane Keaton (and later Mr. Allen and Mia Farrow), Tom Cruise and Nicole Kidman.

    In music: Sonny and Cher; James Taylor and Carly Simon; Tammy Wynette and George Jones; the two couples in Abba, both now divorced. And elsewhere: Tammy Faye and Jim Bakker; Rupert Murdoch with both his second wife, Anna, and his third, Wendi; Frank and Jamie McCourt, whose split forced them to sell the Los Angeles Dodgers. It’s a wonder anyone says “I do” and then sets foot in the same office as their spouse.

    Exact numbers of collaborating spouses are hard to come by. For almost 20 years, Glenn Muske, a professor at North Dakota State University, has studied couples who start businesses together. He calls them “co-preneurs” and said his research found that two-thirds of businesses in the United States are family owned, and a third of those are run by couples. Other arrangements include romantic partners who work in the same organization but not alongside each other, and sole proprietors who get casual, often unpaid contributions from their spouses.

    So what can a working couple do to avoid disasters? I reached out to some of those who have researched the matter.

    DON’T COMPROMISE Kathy Marshack, a psychologist in Vancouver, Wash., and the author of “Entrepreneurial Couples,” said that couples working together was the norm for most of human history, from family farms to mom-and-pop shops. Blaming the arrangement for an increase in fighting is wrong, she said.

    “This real issue is that with increased time together, you have more time for conflict,” she said.

    Lots of people experience an uptick of fighting on vacation, she said. “Suddenly you’re spending every day together,” she said. “You’re having fun, but you’re sick and tired of the fact that the other person leaves the towel on the bed or whatever.”

    Dr. Marshack said that the biggest problem she sees is that the skills it takes to succeed in a relationship, like accommodation, are often destructive in business.

    “Most Americans expect their love relationship to be between consenting partners,” she said. “But at work it’s different.”

    To accomplish things in the workplace, she said, someone needs to be in charge, or, even better, each person needs to have control over separate things: say, one person controls strategic decisions and the other financial ones.

    “At work I always tell people never compromise unless you absolutely have to,” she said. “When you’re working with your spouse, you’re going to be tempted to compromise, because that’s what you do at home. But that’s not good for business.”

    Too much sensitivity to others is the primary reason family companies grow slower than nonfamily firms, she said.

    DON’T SET BOUNDARIES One problem my wife, Linda, and I have faced is that when you’re living, working and raising children together, a disagreement about one aspect of your lives quickly descends into an excuse to bring up everything else that’s bothering you. “You don’t like that decision I made about that project? Yeah, but you never finished the dishes last night.”

    Researchers call that phenomenon “spillover.” The easy response is to create clear boundaries: no business in the kitchen, or no talk about the children during office hours. But Phyllis Moen, a sociology professor at the University of Minnesota who has studied working couples for decades, said that approach is outdated.

    “These days, everyone experiences blurring of boundaries because of new technologies,” she said. Co-working couples have an edge, she said: the partners understand the reason for the interruption and are right there to help solve it.

    “Otherwise, pressures at work get translated to stress at home, and no one understands why,” Dr. Moen said.

    Her advice: When issues pop up at inappropriate times, dispense with them quickly, then get back to what you’re focusing on, like negotiating your office lease or playing Monopoly with the kids.

    DON’T FEAR CONFLICT Joshua Wolf Shenk, a best-selling author, has spent the last few years studying creative pairs for his forthcoming book, “Powers of Two.” His subjects include nonromantic partners like John Lennon and Paul McCartney, as well as romantic ones like Marie and Pierre Curie, and Giancarlo Giammetti and Valentino. He said that instead of viewing conflict as threatening, co-working spouses should view it as elemental to their success.

    “A lot of people mean conflict as bouncing up against someone in a way that is not pleasurable,” he said. “But the core experience is that bouncing up against someone.”

    To have chemistry, he said, you have to have rapport and a unity of vision.

    “But there have to be fundamental differences, or else the two people have nothing to add to each other,” he said.

    Mr. Shenk likened conflict between partners to a tennis match where you’re both hitting the ball as hard as you can. “You have a net, you have a perimeter, you step onto the court, you’re able to step off the court,” he said. When the relationship works, he said, the sense of mutual commitment is strong enough that it leads to a sense of shared reward. Take note, co-working couples: Fight on!

    DON’T HESITATE TO WALK AWAY What happens when working and living together become unsustainable? Dr. Muske said that most people, though not all, tend to try to save the relationship first. This sometimes requires that somebody be dismissed.

    “You can easily give a pink slip to an employee,” he said, “but if you’re living with that person, you have to reach a mutual understanding that this is not working.”

    He recommends being clear in advance: both spouses have the right to tell the other that he or she is holding the organization back. My wife, who works with entrepreneurs, calls this a “start-up prenup.”

    I asked Linda what she had learned from our experience. While acknowledging the occasional tensions, she was, as is her nature, upbeat: “Working together allowed me to have a deeper appreciation for what you do, and the same in reverse.”

    Would she recommend it to others?

    “For a limited time,” she said.

    That qualified support echoes what I’ve heard time and again. For all the problems, most co-working couples enjoy the process. One reason may be that regardless of how well their businesses do, couples who spend that much time together tend to think more about their relationship.

    Dr. Marshack said: “When you work with your spouse, you’re going to be challenged all the time by the way they think, including the way they think about you. That makes you introspective. It makes you work on yourself and the relationship. And that can’t be bad.”

     

    Culled from NYtimes

  • Aluko in Palace radar

    Aluko in Palace radar

    Hull City attacker, Sone Aluko, may join English Premier League struggler Crystal Palace during the winter transfer window, MTNFootball.com reports.

    MTNFootball.com says Hull City wants to cash in on him rather than let him go for free in the summer.

    The injured Nigeria star turned down the Hull City contract extension offer recently and the Achilles injury he sustained during an EPL match has halted further talks and that may be counterproductive for City.

    Palace is relegation-threatened and need goal getters like Aluko to strengthen its attack force, the report says.

    Aluko has scored one goal in eight appearances for Hull City this season in the EPL before he got injured.

     

  • Top Syrian rebel commander dies

    A top Syrian rebel commander has died of wounds he sustained in a government air strike on a rebel-held air base near Aleppo on Thursday, reports say.

    Abdul Qadir al-Saleh, the leader of the Tawhid Brigade, died overnight, a spokesman for the group told Reuters.

    BBC reports that Abdul Aziz Salama, the brigade’s political leader, had assumed overall command.

    Opposition activists had said Saleh, also known as Hajji Marea, was in a good condition in hospital last week.

     

  • Anambra election inconclusive – INEC

    Anambra election inconclusive – INEC

    Anambra State governorship election ended in an  anti-climax Monday morning  as the Independent National Electoral Commission (INEC) declared it inconclusive.
    At exactly 6:10am, the Returning Officer, Prof James Epoke, who is also Vice-Chancellor, University of Calabar (UNICAL), declared that a supplementary election would be conducted at a date to be fixed by the electoral umpire.
    The main reason for declaring the election inconclusive, according to Prof Epoke, is that, for a candidate to emerge as the winner, he must have scored not only the highest number of votes cast, but should also ganner 25 per cent in two-third of the local government areas in the state.
    Apparently because of the large number of cancelled votes, which stood at 113,113, no candidate scored the required percentage.
    Therefore, the commission had to examine the votes of the winner and the runner-up to determine if  the difference is less than the cancelled  figure.
    Whereas, the candidate of the All Progressives Grand Alliance (APGA) Chief Willie Obiano polled 174,710 votes to come first, the first runner-up, Peoples Democratic Party (PDP) candidate Comrade Tony Nwoye polled 94,956 votes to place second.
    Because the difference in the figures between the first two candidates, which is 79,754 is less than the cancelled votes, which 113,113, the commission could not declare anybody the winner.
    A total of 1,763,751 voters were registered for the election, while 451,826 were accredited.
    Total valid votes was 413,005, while total number of rejected votes was 16,544. Total votes cast was 429,549.
    Out of the cancelled votes, 89,997 were from Idemili North Local Government Area alone, and additional 636 from two units in Idemili South.
    According to figures released by INEC, APGA came first with 174,710 votes.
    It was followed by PDP which scored 94,956 votes.
    The All Progressives Congress (APC) came third with 92,300 votes, while Labour Party (LP) polled 37,446 votes.
    A total of 23 candidates stood for the election.
    The APGA won in 16 of the 21 local government areas; APC won in two, PDP won in two, while LP won one.
    The announcement began at about 12.40am.
    All the local government collation officers were professors or senior staff of UNICAL.
    A date for the supplementary election will be fixed after the commission must have met, it was announced.
    “The commission will arrange a supplementary election in those areas where election was cancelled,” the Prof Epoke said.
    He added that all the parties that participated in last Saturday’s election will participate in the supplementary election.
    In Aguata, APC scored 5,275 votes, APGA polled 10,180, PDP got 4,275 votes, while LP polled 1,129.
    There were 24,883 accredited voters in Aguata, 23,452 votes were valid.
    In Ayamelum, APC polled 1,827; APGA scored 9,121; PDP got 5,681 and LP (624). Total valid votes was 17,449.
    In Anambra East, APC 1,418; APGA (15,300), PDP (5,579) and LP (511). Total valid votes cast was 23,315.
    In Anambra West, APC scored 2,478; APGA (5,128), PDP (3966) and LP (321).
    In Anaocha, APC polled 3,174, APGA (14,563), PDP (2,948) and LP (733). A ballot box was snatched at Unit 016, Obiamaka Primary School, it was reported.
    In Awka North, APC scored 1,712 votes, APGA (5,385), PDP (3,943) and LP 474.
    In Awka South, APC polled 6,596, APGA (9,206), PDP (5,689) and LP (1,648).
    The PDP scored the highest number of votes in Dunukofia, followed by APGA (3,670), APC (3,522) and LP (1,236).
    The APGA polled the highest number of votes in Ekwusigo (6,815), followed by PDP (4,426), APC (2,958) and LP (1,692).
    In Idemilli North, APC scored the highest number of votes (7,135), followed by APGA (2,795), PDP (1,462) and LP (643).
    The APC also led in Idemili North, where is scored 9,539 votes. APGA polled 2,899; PDP scored 3,786 while LP got 1,021.
    In Ihiala, APC scored 4,069; APGA (10,067), PDP (5,517) and LP (1,854).
    The APGA scored 10,753 votes in Njikoka. APC polled 4,585, PDP got 5,630 and LP scored 754.
    In Nnewi North, LP led with 18,014 votes, followed by APGA (4,846), APC (3,076) and PDP (1,942).
    In Nnewi South, APGA led with 8,145, followed by PDP (3,031), APC (2,676) and LP (2,214).
    In Ogbaru, APGA polled 11,716. Others are: APC (7,687), PDP (6,114) and LP (95).
    The APGA scored 10,842 votes in Onitsha North. Other results are: APC (7,616), PDP (4,947) and LP (776).
    In Onitsha South, APGA led with 9,786 votes. Other results are: APC (7,094), PDP (3,520) and LP (716).
    The APGA led in Orumba North, polling 9,161 votes, followed by PDP (4,567) and APC (3,343).
    In Orumba South, APC scored 3,147. Other results are: APGA (6,338), PDP (4,003) and LP (1,265). In Oyi, PDP led with 9,123 votes, followed by APGA (6,994), APC (3,373) and LP (206).

  • IFC, AfDB plan $2.5b Naira bonds

    IFC, AfDB plan $2.5b Naira bonds

    -Fed Govt to float Diaspora, depository bonds

    The International Finance Corporation (IFC) and African Development Bank (AfDB) have started arrangements to issue Naira-denominated bonds worth $2.5 billion, about N400 billion, in landmark bond issues that will further redefine the Nigerian domestic debt market.
    Securities and Exchange Commission (SEC) Sunday  confirmed the bond issuance plans by the two multilateral financial institutions. The Debt Management Office (DMO) also confirmed plans by the Federal Government to raise funds from remittances of Nigerians in Diaspora and other investors through the issuance of Diaspora bond and Global Depository Notes (GDN) bond.
    Director General, Securities and Exchange Commission (SEC), Ms Arunma Oteh, who spoke at a two-day training workshop organized by the Capital Market Correspondents Association of Nigeria (CAMCAN)  in Badagry, Lagos State, said both the IFC and AfDB were interested in raising medium term note (MTN) bonds.
    According to her, IFC has already approached the apex capital market regulator for a medium term note (MTN) programme for a naira-denominated bond worth about $1 billion while the AfDB has also filed for similar instrument of about $1.5 billion.
    Oteh, whose address was presented by her communication adviser, Mr. Obi Adindu, said the new issues by the multilateral bodies will not have any lifespan of a shelf programme, indicating that they can continuously raise the funds as long as they want.
    She noted that allowing shelf registration for bonds is an important step in spurring activity from issuers pointing out that the Commission had started with an initial lifespan of two years for shelf programmes but recently the board of the SEC did away with the time limitation implying that shelf programme can now enjoy an unlimited lifespan.
    “The Nigerian bond market is certainly on the verge of a revolution buoyed an improved, competitive and conducive environment that attracts issuers and investors alike. The yield curve of the FGN bonds which has been extended to 20 years provides a good benchmark for issuers of all stripes to leverage the bond market to attract capital, both foreign and local. The market will continue to attract significant amounts of capital internationally since the FGN bond attracted inclusion into the emerging markets indices of Barclays and JP Morgan,” Oteh said.
    She outlined that since 2010, State Governments have issued bonds worth over N421 billion and the amount of corporate bonds raised from 2010 to date is more than two and half times all the bonds issued by corporations from 1960 to 2009 in nominal terms.
    The DMO also  confirmed the plan by the Federal Government to raise new funds from the international market through the issuance of Diaspora Bond and FGN Bonds in Global Depository Notes (GDN).
    It should be recalled that the Federal Government had in 2011 made its debut in the international capital market with $500 million 10-year 6.75 per cent Sovereign Eurobond. Nigeria returned to the international capital market in July 2013 and successfully raised $1.0 billion in two tranches.
    Director General, Debt Management Office (DMO), Dr Abraham Nwankwo, said government had sourced N544.06 billion through domestic bond issues to finance about 61 per cent of 2013’s fiscal deficit of N887 billion.
    Nwankwo, who was represented by Head, Policy, Strategy & Risk Management, Mr Joe Ugoala, noted the gradual decline in fiscal deficit financing from N1.36 trillion in 2010 to N852 trillion in 2011 and N744.44 trillion in 2012.
    He added that four banks including Guaranty Trust Bank, First Bank of Nigeria, Access Bank and Fidelity Bank have also raised $1.85 billion, about N287 billion, between January 2011 and November 2013.
  • Anambra: PDP, APC, LP reject election, call for cancellation

    Anambra: PDP, APC, LP reject election, call for cancellation

    The candidates of the three leading opposition parties in Anambra State on Sunday rejected the Saturday governorship election, calling it a monumental charade.

    The candidates are those of the All Progressives Congress (APC), Dr Chris Ngige, the candidate of the People’s Democratic Party (PDP) Comrade Tony Nwoye and the candidate of the Labour Party ( LP) Dr Ifeanyi Ubah.

    They called on the Independent National Electoral Commission (INEC) to as a matter of urgency cancelled the election and arrange the conduct of a fresh one in the state before the March, 2014 hand over date by Governor Peter Obi.

    Speaking on behalf of the  candidates, Ngige said  the call became necessary because the election was characterized by irregularities and fraudulent practices for which they can not but reject the election.

    ” We are here to tell the whole world that the as a result of the high scale irregularities and fraudulent practices which characterized the faulty election, we call for the cancellation of the election which held yesterday in Anambra State and we hereby use this opportunity to call on the INEC to do that and arrange a new governorship election in the state at which the people will elect a governor of their choice in a free and fair manner”, Ngige said.

    Explaining their decision, Ngige listed five grounds which necessitated  their line of action including fraudulent voters register, the manipulation of results sheets, security harassment, and large scale financial inducement of voters at polling units by the ruling party.
    ” So, when we reviewed all this things, we have come to the inevitable conclusion that this Commission is determined to go back to the old ways of doing things, and we will not accept that. The gains of the 2011 elections have been lost through this singular election in Anambra State. We therefore, without equivocations call for the cancellation of the election and a new one conducted”, he said.
    He also warned that they had requested that no result should be announced as the election cannot be validly said to be conclusive yet.

    He pleaded with INEC not to provoke the people of Anambra State. The two other  candidates took turn to support the call by Ngige.

  • FG faults World Bank’s claim of 100m destitue in Nigeria

    The Presidency has  faulted World Bank’s  claim that 100 million destitute live in Nigeria.

    A statement by the Chief Economic Adviser to the President, Dr. Nwanze Okidegbe, said that the claim contradicts earler report by the World Bank that poverty has reduced  in Nigeria.

    He said: “We have read with utter dismay the statement by World Bank Country Director, Marie-Francoise Marie-Nelly that 100 Million Nigerians are living in destitution or extreme poverty. This spurious claim is astonishing on a number of levels.”

    “First, it clearly contradicts the position of the World Bank on the level of poverty in Nigeria. During the visit of the Bank’s Vice President for Africa, Makhtar Diop, in May 2013, he declared that poverty has fallen under this administration from 48 percent to 46 percent.”

    “Given our current population of about 170 million people, the Country Director’s imagery of 100 million Nigerian destitutes seems to be based on a much higher poverty rate than that of her boss. The question that arises from this absurdity therefore is: who is right?”

    “Second, according to the World Bank itself, to live in extreme poverty is to live on less than $1.25 per day, including the cost of accommodation, clothing, feeding, and other incidentals. $1.25 per day translates into N200 per day (or N6,000 per month).”

    He went on: “On feeding alone, a loaf of bread costs more than N200 in many parts of Nigeria while a plate of food, even from a roadside food vendor, costs about the same amount. More also, there are about 112 million active GSM lines in Nigeria. Even accounting for those who own more than one phone and netting out nearly 44 percent of Nigerians who are under 15 years (and mostly do not have phones), this is not a description of a country with 100 million destitutes living in extreme poverty.”

    According to him, the present administration is undertaking critical reforms in all key sectors of the economy in order to create jobs and reduce poverty.

    “For example, the reforms in the agricultural sector have increased production and created many job opportunities. In recognition of the fact that growth in the Agricultural Sector is pro-poor, we are confident that the consistent growth being recorded in agriculture is translating into further poverty reduction.” He said

    He also pointed out that Nigeria was recently honoured for meeting the Millennium Development Goal (MDG) of reducing people living in absolute hunger by half, well ahead of the 2015 target set by the United Nations.

    He added: “On average, about 20 percent of the Subsidy Reinvestment Programme (SURE-P) is allocated exclusively to protecting the poor through different types of social safety nets. One important area of success is the Conditional Grant Scheme with total conditional cash transfer to almost 40,000 households and recruitment of over 2,000 new health workers working on improving maternal and child health.”

    The Presidential Aide said that rather than engage in peddling easily disprovable and inaccurate poverty numbers, the World Bank should focus its attention on designing programmes and interventions to support the government’s efforts in accelerating poverty reduction in Nigeria.

  • FG faults World Bank’s claim of 100m destitutes in Nigeria

    The Presidency has  faulted World Bank’s  claim that 100 million destitute live in Nigeria.

    A statement by the Chief Economic Adviser to the President, Dr. Nwanze Okidegbe, said that the claim contradicts earler report by the World Bank that poverty has reduced  in Nigeria.

    He said: “We have read with utter dismay the statement by World Bank Country Director, Marie-Francoise Marie-Nelly that 100 Million Nigerians are living in destitution or extreme poverty. This spurious claim is astonishing on a number of levels.”

    “First, it clearly contradicts the position of the World Bank on the level of poverty in Nigeria. During the visit of the Bank’s Vice President for Africa, Makhtar Diop, in May 2013, he declared that poverty has fallen under this administration from 48 percent to 46 percent.”

    “Given our current population of about 170 million people, the Country Director’s imagery of 100 million Nigerian destitutes seems to be based on a much higher poverty rate than that of her boss. The question that arises from this absurdity therefore is: who is right?”

    “Second, according to the World Bank itself, to live in extreme poverty is to live on less than $1.25 per day, including the cost of accommodation, clothing, feeding, and other incidentals. $1.25 per day translates into N200 per day (or N6,000 per month).”

    He went on: “On feeding alone, a loaf of bread costs more than N200 in many parts of Nigeria while a plate of food, even from a roadside food vendor, costs about the same amount. More also, there are about 112 million active GSM lines in Nigeria. Even accounting for those who own more than one phone and netting out nearly 44 percent of Nigerians who are under 15 years (and mostly do not have phones), this is not a description of a country with 100 million destitutes living in extreme poverty.”

    According to him, the present administration is undertaking critical reforms in all key sectors of the economy in order to create jobs and reduce poverty.

    “For example, the reforms in the agricultural sector have increased production and created many job opportunities. In recognition of the fact that growth in the Agricultural Sector is pro-poor, we are confident that the consistent growth being recorded in agriculture is translating into further poverty reduction.” He said

    He also pointed out that Nigeria was recently honoured for meeting the Millennium Development Goal (MDG) of reducing people living in absolute hunger by half, well ahead of the 2015 target set by the United Nations.

    He added: “On average, about 20 percent of the Subsidy Reinvestment Programme (SURE-P) is allocated exclusively to protecting the poor through different types of social safety nets. One important area of success is the Conditional Grant Scheme with total conditional cash transfer to almost 40,000 households and recruitment of over 2,000 new health workers working on improving maternal and child health.”

    The Presidential Aide said that rather than engage in peddling easily disprovable and inaccurate poverty numbers, the World Bank should focus its attention on designing programmes and interventions to support the government’s efforts in accelerating poverty reduction in Nigeria.