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Why Poverty Level In Nigeria May Be Worse In 2019 – Former Minister Warns


– Odein Ajumogobia, a former minister of foreign affairs, says if statistics available are true, then Nigeria would have more poor people than India which has a population 1.2 billion people

– Ajumogobia faults President Muhammadu Buhari for his saying national security should take precedence over the rule of law

– The former minister says inclusive development and growth cannot be achieved without respect for the rule of law

Odein Ajumogobia, a former minister of foreign affairs, has predicted that the rate of poverty in Nigeria will likely increase in 2019 following the country’s declining per capita Gross Domestic Product (GDP).

The former minister made the prediction on Friday, November 23, when speaking during a colloquium in Lagos, The Punch reports.

He noted that if the statistics available are true, then Nigeria would have more poor people than India which has a population 1.2 billion people.

Ajumogobia faulted President Muhammadu Buhari for his suggesting that national security should take precedence over the rule of law.

The former minister warned that inclusive development and growth cannot be achieved without respect for the rule of law.

Meanwhile, the federal government has called on state governments to reduce unnecessary overhead costs, increase Internally Generated Revenue (IGR) and embrace fiscal discipline for proper management of available resources.

The minister of finance, Zainab Ahmed, made the call on Monday, November 26, in Kaduna at the 2018 Conference of the National Council on Finance and Economic Development (NACOFED), NAN reports.

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