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FG Moves To Measure Poverty, Income Levels As Economic Hardship Persists Across Nigeria

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By Deborah Ohwofasa

The Federal Government has announced plans to introduce a national scorecard that will measure poverty, income levels and inequality across the country as part of efforts to determine whether ongoing economic reforms are improving the living conditions of Nigerians.

The announcement was made by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, during a BusinessDay conference in Lagos. According to him, the proposed “Shared Prosperity Scorecard” will provide government with measurable indicators that will show whether economic growth is translating into better living standards for ordinary Nigerians.

Oyedele explained that the scorecard would not focus only on the country’s Gross Domestic Product (GDP) but would also assess important social and economic indicators such as multidimensional poverty, real income per capita, employment opportunities and income inequality. He noted that true economic progress should be reflected in the daily lives of citizens rather than in statistics alone.

The development comes at a time when millions of Nigerians continue to struggle with the high cost of living. Since the removal of the fuel subsidy and the unification of the foreign exchange market by the administration of President Bola Ahmed Tinubu, prices of goods and services have risen sharply across the country.

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Although economists acknowledge that the reforms were intended to strengthen Nigeria’s economy and attract investment, many households are yet to experience their benefits. The rising cost of transportation, electricity, food items, school fees and house rent has placed enormous pressure on families, forcing many to adjust their spending habits and reduce their standard of living.

A visit to several markets showed that the prices of essential commodities remain high despite reports of a slight decline in Nigeria’s headline inflation rate. Traders attributed the continuous increase in food prices to the high cost of transportation, insecurity affecting farming communities, poor road networks and the rising cost of agricultural inputs.

The National Bureau of Statistics (NBS) recently reported a slight reduction in headline inflation. However, food inflation remains a major concern as the prices of rice, garri, yam, tomatoes, pepper, beans, vegetable oil and other household necessities continue to rise in many parts of the country.

Economic experts have argued that inflation figures alone do not fully reflect the realities faced by ordinary Nigerians. According to analysts, while macroeconomic indicators may suggest gradual improvement, the average citizen is more concerned about purchasing power and the ability to meet daily needs.

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The International Monetary Fund (IMF) has also observed that although Nigeria’s economy has recorded signs of recovery following recent reforms, a significant percentage of the population still lives below the poverty line. The organisation stressed the need for stronger social protection programmes and policies that will cushion the effects of economic reforms on vulnerable households.

Speaking further, Oyedele maintained that the new prosperity scorecard would enable government to monitor whether public policies are actually reducing poverty and improving the welfare of citizens. He stated that the objective is to ensure that economic growth is inclusive and beneficial to all Nigerians rather than a privileged few.

According to him, government agencies will work together to collect and analyse reliable data that will assist policymakers in making informed decisions. The findings are also expected to improve transparency and accountability in the implementation of economic policies.

Residents in different parts of the country continue to express concern over the persistent increase in the prices of goods and services. Many workers say their salaries can no longer meet basic household expenses, while small business owners complain that the rising cost of production has reduced their profit margins. Some entrepreneurs have also reduced their workforce as operating costs continue to increase.

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Market observers believe that sustainable economic recovery will depend not only on fiscal and monetary reforms but also on increased agricultural production, improved infrastructure, stable electricity supply, enhanced security and deliberate efforts to encourage local manufacturing.

Financial analysts have equally called on the government to strengthen social investment programmes, support small and medium-scale enterprises and implement policies capable of creating employment opportunities, especially for young people.

As Nigerians continue to adjust to the realities of the country’s economic reforms, many citizens hope that the proposed Shared Prosperity Scorecard will move beyond statistical measurements and result in practical policies capable of improving living standards.

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For many households, the true measure of economic success will not be reflected in official reports alone but in the affordability of food, transportation, healthcare, education and other basic necessities. Until these become more accessible, many Nigerians believe the effects of economic hardship will continue to dominate everyday life despite positive economic projections.

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Warri Run and Rave Event Draws Political Protest Over Tinubu-Branded Shirts

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A Run and Rave event sponsored by Soft Nigeria in Warri, Delta State, was interrupted on Thursday after some participants protested against polo shirts bearing the image of President Bola Ahmed Tinubu.

The event, held at PTI Junction as part of activities marking Nigeria’s Independence Day, attracted young people who gathered for the fitness and entertainment programme.

According to videos and reports from the scene, some participants objected after shirts bearing Tinubu’s image were distributed. Some were seen tearing the shirts, while others chanted the name of Peter Obi and shouted, “We no go wear.”

Edema Seun, a young man who attended the Run and Rave event, said he encountered supporters of Peter Obi on his way to the venue but decided to remain at the event.

“I met the Obi supporters on the way and I stayed back to enjoy the event I came for. Later on I heard that there were burning shirts,” Seun said.

Seun’s account indicates that he did not personally witness the reported burning of the shirts, but learnt about it later during the event.

Videos circulating online showed some participants tearing the shirts, while others gathered around the area where the disagreement occurred. The available footage does not establish the political affiliation of all the participants or indicate that everyone at the event took part in the protest.

The incident has since attracted attention on social media, with reactions focusing on the use of a political figure’s image at an event presented as a fitness and entertainment programme.

The development comes amid increased political activity ahead of Nigeria’s 2027 general election, with supporters of different political figures increasingly visible at public gatherings and community events.

As of the time of filing this report, no detailed statement from Soft Nigeria explaining the distribution of the Tinubu-branded shirts or responding to the incident had been identified.

The Run and Rave event itself was organised as a fitness and entertainment gathering, while the political disagreement emerged during the programme over the shirts distributed to participants.

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Politics

Nigeria @ 66: Tinubu Declares End of Emergency Reforms, Says Country Has Entered Age of Shared Prosperity

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President Bola Ahmed Tinubu, Thursday, declared that Nigeria has passed the worst of its economic pains and has now entered the age of prosperity, in his 66th Independence Day address to the nation.

In an Independence Day celebration broadcast titled “From Reform to Prosperity”, the President said his administration chose to confront Nigeria’s deep economic distortions head-on when it assumed office in 2023, likening the country at that time to a cancer patient who must endure painful treatment to survive.

He said for too long Nigeria’s leaders chose morphine while praying for a miracle that never came, but his administration resolved to do things differently and excise the cancer.

Three and a half years after the removal of fuel subsidy and the foreign exchange reforms, Tinubu said the evidence of recovery is now undeniable.

He noted that the economy has grown by over four percent this year, with both oil and non-oil sectors contributing to stable growth, while oil theft has reduced and foreign direct investment continues to rise.

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According to him, inflation has fallen substantially from its peak, foreign reserves have been rebuilt and the foreign exchange market has stabilised.

He added that in 2025 the country recorded its highest revenue from non-oil exports in history, exceeding six billion dollars, which he described as real money being made by real Nigerian businesses.

These, he said, are not idle claims, as international observers, journalists, NGOs and multilateral institutions have all concluded that the reforms have strengthened Nigeria’s stability and resilience.

The President said that with the foundation now repaired, the central task of government has changed from correcting the economy to delivering shared and widespread prosperity.

He explained that prosperity to him does not mean merely larger numbers or better statistics, but a Nigeria where the farmer can cultivate safely and earn a decent return, where factories have reliable power, businesses can obtain credit, young people can find productive work, food and transportation are affordable, education is within reach, and families can look to the future with confidence.

To achieve this, Tinubu said his government will focus on bringing down the cost of living by lowering the cost of producing and moving goods.

He outlined plans to expand mechanised irrigation and dry-season farming, improve access to seeds and fertiliser, increase mechanisation, invest in storage and transportation, and build and complete roads, railways and ports that connect farms and factories to markets.

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His logic, he said, is simple: when farmers produce more cheaply, when fewer crops are lost between farm and market, when manufacturers spend less on electricity and trucks reach destinations faster in a competitive environment, those savings will ultimately reflect in market prices.

On jobs, the President said Nigeria’s youthful population must become an engine of production rather than a source of despair.

He pledged to use the nation’s gas to power new industries, support businesses to revive factories in industrial centres, expand digital connectivity into long-neglected communities, invest in relevant skills and provide infrastructure and finance for businesses to grow.

He said he wants to see more Nigerians making things, more farms feeding cities and supplying factories, more businesses selling Nigerian goods to the world, and young Nigerians building unicorns and creating opportunities at home.

Acknowledging that millions of citizens still struggle for daily meals, school fees and medical bills, the President said their plight is the accumulated consequence of decades of low productivity and weak institutions.

While this cannot be erased in four years, he said the course can be changed and the vulnerable will not be abandoned.

He pointed to strengthened direct support through an improved National Social Register for the poorest households, the Nigerian Education Loan Fund ensuring that children of low-income families can pursue higher education, and CREDICORP giving working Nigerians access to consumer credit for vehicles, solar systems and digital devices without years of savings.

He added that government has continued to pay salaries and pensions on time and in full, reformed the national pension programme, and is working with states and local governments to strengthen primary healthcare and basic education.

These programmes, he said, are not substitutes for prosperity but a bridge towards it, stressing that the objective is not to manage poverty more efficiently but to defeat it.

Tinubu urged Nigerians to resist calls by what he described as influential but regressive voices to abandon reforms and return to addictive subsidies, insisting that the nation must remember why the journey began.

He declared that the emergency treatment is over and the foundation has been repaired, saying Nigeria has corrected its course and passed through its own Red Sea.

While calling for unity and renewed faith, he said the promised land before the nation is one of abundance and opportunity where prosperity is broadly shared and every child can dream beyond the circumstances of birth.

He concluded that the destination is in sight, the foundations are strong and the direction is clear, urging Nigerians to go forward together with no looking back.

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Education

DELSU Sets 77.3 as Highest Cut-Off Mark for 2026/2027, As Clinical Medicine Leads Admission Race

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Delta State University, Abraka has released its approved UTME cut-off marks for the 2026/2027 admission session.

The release comes barely 24 hours after the state-owned institution released its first batch of admission for the incoming session.

The announcement, released on Wednesday, 9th September 2026 by the Public Relations Unit of the Directorate of Ceremonials, Information and Public Relations, spells out the minimum scores candidates must attain across the university’s 16 faculties to qualify for admission.

Leading the pack is the Faculty of Clinical Medicine, where Clinical Science carries the highest cut-off of 77.3.

This is closely followed by other health and professional courses that remain the most competitive in the university.

Nursing Science requires 71.2, while Law is set at 70.5. Both Dentistry and Pharmacy also stand at 70.0.

The story is different in several other faculties where the baseline cut-off remains at 40.

This applies to most programmes in the Faculties of Agriculture, Education, Environmental Sciences, and Social Sciences.

In the Faculty of Allied Health Sciences, candidates seeking admission into Medical Laboratory Science will need 65.3, while Pharmacology is pegged at 53.8 and Public Health at 50.

Candidates seeking admission into Engineering courses will have to meet varied benchmarks with Mechanical Engineering having the highest in the faculty at 52.5, followed by Petroleum Engineering at 51.5 and Electrical/Electronic Engineering at 50.5.

Chemical Engineering and Civil Engineering are lower at 45 and 42.9 respectively.

For management-related courses, Accounting leads with 56.7, Business Administration at 55.1, and Public Administration at 52.

In the Faculty of Communication and Media Studies, Mass Communication requires 55.7, while other programmes such as Advertising, Broadcasting, Journalism and Public Relations are at 40.

The Faculty of Computing also sets Computer Science at 56.5, with Cyber Security, Software Engineering, Information Technology and related courses pegged at 40.

In the Faculty of Arts, Theatre Arts and History & International Studies require 50 and 50.6 respectively, while English, French, Music,

Linguistics and Fine Arts are at 40. The Faculty of Science places Microbiology at 50 and Biochemistry at 48.2, with Physics, Chemistry, Mathematics, Geology and other courses at 40.

Meanwhile, DELSU has discontinued all forms of manual clearance for graduating students as management has approved that the entire process will now be conducted online with immediate effect.

According to the university’s official bulletin dated Wednesday, 2nd September 2026, the new clearance process will be carried out entirely through the student’s portal.

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