Poverty in Style: The Nigeria Story

Poverty in Style: The Nigeria Story

Do you know that we are experiencing poverty in style in Nigeria?
Yes,we are! But first of all,let me define poverty.
Poverty is the scarcity or the lack of having enough material possession or income for person’s needs. Poverty is multifaceted concept, which may include social, economic and political elements.
I will highlight six types of poverty which include:
–  Situational poverty
–  Generational poverty
–  Absolute poverty
–  Relative poverty
–  Urban poverty
–  Rural poverty
Having said that,Nigeria directly or indirectly suffer the six above types of poverty stylishly but I will base my analysis on the “Absolute poverty type”.
Absolute poverty,extreme poverty, or destitute refers to the complete lack of basic personal needs such as food, clothing and shelter which facilitate the term ” poverty in style”.
Its no longer news that Nigeria has stylishly overtaken India as the country with the largest number of “Absolutely poor” in early 2018 – 87 million compared to India 73 million.
The 87 million Nigerians now living in absolute poverty, they live on less than $1 per day which represent nearly 50% of its estimated 180 million population according to National Bureau of statistics.
According to report,9 of the top 10 poorest state in Nigeria are from the northern region with Sokoto, Taraba, Jigawa being the poorest.
 The summary report also shows that 52% of rural dweller in Nigeria are poor,while only 18.04% of urban dwellers are classified as poor as at May 5,2020.
More so,the Fulani are the poorest tribe in Nigeria.
As we all know,it is very  liable to clashes,herdsmen and terrorist attacks,which made this tribe not very rich. They are the poorest tribe in Nigeria today.
The question now is,who is at risk of poverty in Nigeria?
Without mincing words,the children,lone parents, disabled people and people in households in which no one works are more likely to experience poverty in style, to remain in poverty for longer and to experience deeper poverty,than others.
And the effect can follow a child into adulthood, leading to chronic illness and lack of education or the ability to work. The effects are more than just missing a meal.
The causes of poverty in Nigeria is invariably voluminous but I shall highlight few:
– high rate of Unemployment
– lack of qualitative education
– corruption
– Inflation
– Poor utilization of resources
– Poor governance
– Debt,etc…
Finally, to Eradicate poverty completely might not be easy but to reduce or curtail poverty in Nigeria, individual should take it upon themselves in their own little way to create Job by offering free entrepreneurial training in your own way, as you can afford.
Factually, schools teach to finish and look for job,instead of creating jobs.
We should develop ideas that the government will invest in, that will create more jobs.
In addition, the government should :
– Provide employment opportunity
– Qualitative education
– Promote entrepreneurship
– Develop rural areas
– Invest in agriculture
– Invest in power generation
– Effective transportation
– Fight corruption
– Diversify the economy
Nigerians suffer poverty in style because the greedy and the selfish take more than their share from the sufficient resources meant for all to live well.
The best solution to poverty is in a change in our mindset and perspective.
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