“Address poverty, insecurity to guarantee unity” – Sultan to Nigerian leaders

The Sultan of Sokoto and President-General Nigeria Supreme Council for Islamic Affairs (NSCIA), His Eminence, Mohammed Sa’ad Abubakar III, has challenged Nigerian leaders to first address poverty and insecurity in the country in order to guarantee national unity. The Sultan, who spoke shortly after the traditional Sallah durbar in Sokoto on Tuesday, said the existing hardship in the country is of great concern and needed proper measures to be addressed. “Nigeria leaders need to strategise more measures to address our level of poverty and insecurity, as such will further sustain…

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7 million Nigerians dropped below poverty line in 2020 – World Bank

The World Bank has said that Nigeria’s Development Update shows that seven million Nigerians plunged below the poverty line in 2020 due to inflation. The global bank, in a statement on its website on Tuesday, said: “In 2020 the Nigerian economy experienced a shallower contraction of -1.8% than had been projected at the beginning of the pandemic (-3.2%). “Although the economy started to grow again, prices are increasing rapidly, severely impacting Nigerian households,” the statement read in part.  It said, as of April 2021, the inflation rate was the highest…

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