Highlight

Nigerians should weep once monthly, but more importantly we should act to stop poverty – Aregbesola

279

Former governor of Osun state, Rauf Aregbesola has said that the nation should weep once a month, but more importantly should act to stop poverty at all levels.

“We don’t remember that we are poor here in Nigeria. If we have a deep thought, we ought to have a day of weeping every month, he said at an event over the week-end.

“If we don’t work harder to improve our fortunes, we would continue to be poor. In 2017, Brazil had a population of approximately 200 million people almost about what Nigeria had.

“That year, Brazil had a revenue of about $600 billion and a budget of $700 billion. Nigeria in that same year made $13 billion and a budget of $23 billion. Are the two countries equal?

“Today, OPEC allowed Nigeria to extract and sell 2million barrel of crude oil per day but we don’t get that quantity. Even if we get 2million barrel per day and if the price rises to $100 per barrel, it means our income will be $200 million.

“If you divide this by 200 million people, it amounts to $1 per every Nigerian. We have to check our population by practicing birth control. If we don’t address this, we would have huge problems to deal with. We would also need every able-bodied person to work.

According to a 2018 report from the Brookings Institution, Nigeria overtook India to become the country with the world’s highest number of people living in extreme poverty, which is defined as living on less than $1.90 a day. The threshold captures those who struggle to obtain even basic necessities such as food, shelter and clothing, and takes into account differences in purchasing power between countries.

Leave a comment

Related Articles

Horror as loverboy lures girl to his house, slaughters her for money rituals in Ogun

A young man and suspected ritualist, who specializes in luring beautiful girls...

Death toll climbs to 22 in Anambra palliative distribution tragedy

Death toll from the devastating stampede incident in Okija in the Ihiala...

Updated: Stampede at Anambra rice giveaway leaves 12 dead, 32 injured

At least, 12 people lost their lives and 32 others were injured...

Ogun Information Ministry Vows to Intensify Mobilisation Efforts, Justifies N2bln 2025 Budget Proposal

The Ogun State Ministry of Information has assured the public of its...

No Shutdown: NNPC Ltd. Denies Report on Old Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports that...

Court Slaps MTN with N15m fine for disturbing customer me with unsolicited messages, caller tunes

In a landmark decision, the Court of Appeal in Abuja has slapped...

Bitter rivalry between Pasuma and Taye Currency shows no signs of abating

…There was no reason for Taye to be at Pasuma’s 40 years...

Update: Ekiti court grants Dele Farotimi N30m bail

Magistrate Abayomi Adeosun of an Ado Ekiti Magistrate’s Court has granted human...

Just in: Imprisoned Dele Farotimi appears in Ekiti Court amid tight security for ruling on bail application

Dele Farotimi, a prominent Human Rights lawyer and activist, arrived at the...

Just in: Imprisoned Dele Farotimi appears in Ekiti Court amid tight security for ruling on bail application

Dele Farotimi, a prominent Human Rights lawyer and activist, arrived at the...

Just in: National Sports Festival now to hold May 16- 30, 2025 – NSC

Following the postponement of the National Sports Festival, tagged “Gateway Games, Ogun...

Domestic Crude Oil Sale Initiative: Tinubu’s Strategic Move Pays Off

President Bola Tinubu’s directive to sell crude oil and refined products in...

Saudi Arabia Eyes Hosting 2036 Olympics, Gains Backing from IOC Presidential Hopeful

Saudi Arabia is throwing its hat into the ring to host the...

Reps’ Pledge N704.91m for Vulnerable Nigerians, Presentation Set for Dec 31

The House of Representatives is set to present a significant donation of...

Alleged N110bln money laundering charge: Court admits Yahaya Bello to another N500m bail

Yahaya Bello, the immediate past Governor of Kogi State, has been granted...

Port Harcourt Refinery Rehabilitation a “Masterstroke,” Says Former NNPC Boss

In spite of the criticism and cynicism trailing the feat, former chief...

Updated: 32 feared dead in Ibadan funfair tragedy: Ooni’s ex-wife, others arrested

At least, 32 children were feared killed during a stampede at a...

Rugby: Tunisia Triumphs Over Nigeria with 34-10 Win in Africa Cup Qualifiers

The Nigerian senior men’s national rugby team, the Stallions, suffered a 34-10...

SanDisk Teases Forthcoming Launch of Next-Generation Storage Device

Sandisk previews new corporate branding defined by a ‘Mindset of Motion’ Creative...

2025 FG’s budget: Full text of President Bola Tinubu

My Fellow Nigerians, 1. In fulfilment of one of my constitutional duties...