‘Public-Private partnership needed to end poverty in Nigeria’
An International non-governmental organisation, Global Citizen, has called on the governments, private sector and all stakeholders to intensify efforts at investing in the country to reduce the number of Nigerians living in extreme poverty. According to Global Citizen and its partner Teneo, a global CEO advisory firm, $350 billion is required annually for people and the planet to achieve the United Nations Global Goals by 2030 in the 59 poorest countries, Nigeria inclusive.
Speaking during a launch to eradicate poverty in Nigeria, the co-founder of Global Citizen, Micheal Sheldrick said Nigeria tops the list of the African countries where rates of poverty are increasing with 89 million out of its 200 million citizens are living in extreme poverty at the moment adding that six people fall into extreme poverty every minute.
The figure, he claimed, is the highest anywhere in the world. He added that more than 40 per cent of the population are extremely poor. He urged the Federal Government to materialize its pledge to lift 100 million people out of extreme poverty over the next 10 years, an average of 10 million per annum. Sheldrick further said by 2030, the African continent will account for 90 per cent of all individuals living in extreme poverty as two-thirds of those living in extreme poverty globally live in Africa.
Speaking at the launch of Global Goal live in Nigeria by 2020, Global Citizen Nigeria Chairman, Tunde Folawiyo, said: “Achieving Nigeria’s pledge to lift 100 million people out of poverty in the next decade will only be possible if the public and private sector and civil society groups collaborate closely. A co-ordinated, multi-stakeholder approach is essential”.