Old-Age Poverty

President Bola Tinubu has pledged to reduce the cost of living, expand employment opportunities and strengthen social protection as Nigeria enters a new phase of economic development. Tinubu made the commitment on Thursday in his nationwide broadcast to mark Nigeria’s 66th independence anniversary, declaring that his administration’s priority had shifted…

Australia has some of the world’s highest cigarette prices. Smoking half-a-pack a day costs about A$7,000 to $12,000 per year at prices of around $38–66 a pack in the legal market. Buying from the illegal market costs about $3,500 per year. Australia also has some of the world’s highest tobacco…

Governor Douye Diri of Bayelsa State is facing intense criticism following reports of a stark disparity between the state’s massive federal revenue inflows and its high poverty rate. Critics, including a kinsman of the governor, have questioned how the state could maintain an 88.5% poverty index while receiving approximately N2.3…

A kinsman of Douye Diri, Governor of Bayelsa State, has questioned the State’s 88.5% poverty index in view of inflows from the Federation Account amounting to N2.3 trillion in six years. Francis Dufugha, Publisher of the Niger Delta Herald Newspapers, who also hails from Kolokuma/Opokuma Local Government Area of Bayelsa…

The Ooni of Ife, Oba Adeyeye Ogunwusi, has said President Bola Tinubu intends to end poverty in Nigeria through his economic policies. The Ooni said some of the policies implemented by Tinubu’s administration have helped to revamp Nigeria’s economy. The monarch spoke at his palace during the unveiling of the…

Data from Nigeria’s 2022 Multidimensional Poverty Index showed that about 730,000 children aged between six and 15 in Yobe were out of school, representing 62.9 per cent of the state’s school-age children. A document obtained by SaharaReporters has raised fresh questions about the spending priorities of the Yobe State Government…

Brain Jotter has revealed that he had never seen ₦100,000 before 2019 and became frightened of spending money after his career started bringing in millions. He recalled receiving his first ₦1 million payment from a ₦2 million endorsement deal and said his experience with poverty continued to influence his financial…

The First Lady, Oluremi Tinubu, has urged Oyinkansola Badejo-Okusanya (SAN), the first elected female President of the Nigerian Bar Association (NBA), to set a high standard and pave the way for other aspiring women. The First Lady, who received Mrs Badejo-Okusanya and a delegation of women legal team members on…

Inspiring story of the day: “Mum, it’s OK. One day I will be very rich. I’ll buy a cookie factory so I can eat whenever I want” - How Neymar Jr turned childhood poverty into football greatness (Image via Getty) Before Neymar Jr became one of football’s biggest stars, life…

Minister of Planning and Economic Development Ahmed Rostom met with Sabina Alkire, Director of the Oxford Poverty and Human Development Initiative (OPHI), to discuss expanding cooperation on the development and measurement of multidimensional poverty indicators and adopting the latest international methodologies in the field. The meeting took place on the…