Sunday, May 10, 2026

Poverty

US: N70k Minimum Wage Too Small to Fight Poverty in Nigeria

The United States has raised concerns that Nigeria’s new N70,000 minimum wage is not enough to pull citizens out of poverty given the country’s tough economic realities. In its latest 2024 Human Rights Report, released on August 12, 2025, the US Department of...

Nigeria’s Economy Grows on Paper, Poverty Deepens

Nigeria’s economy has expanded to ₦372.82 trillion after the National Bureau of Statistics (NBS) updated its GDP base year from 2010 to 2019. This rebasing, which reflects current prices and activities, raised the country’s GDP by over 41%. The Statistician-General,...

Obasanjo: Nigerians Shouldn’t Be Poor with Our Resources

Former President Olusegun Obasanjo says Nigeria's poverty is due to mismanagement, not a lack of resources. Speaking at a dinner in Abia, he stressed that the country has everything it needs to prosper. He praised Governor Alex Otti for transforming...

Over 130 Million Nigerians Pushed Into Poverty – SMEDAN

Economic difficulties have pushed over 130 million Nigerians into poverty, according to Alhaji Badamasi Barau, Head of SMEDAN’s Kaduna office. Speaking at the 21st Productivity Day organized by the National Productivity Centre (NPC) in Kaduna, he called for increased...
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EFCC declares ex-Minister Sadiya Umar Farouq wanted

The Economic and Financial Crimes Commission (EFCC) has declared the former Minister of Humanitarian Affairs and Social Development, Sadiya...
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