#poverty

The Zamfara State Government has called for a human capital development blueprint for Northern Nigeria, highlighting the region's significant issues such as a high number of out-of-school children, multidimensional poverty, maternal mortality, youth unemployment, and insecurity, which are hindering productivity and economic growth, according to a statement from the Speaker.

An economist has expressed concerns regarding the proposed Maternal Support Grant intended to assist pregnant women from low-income families. The economist argues that the grant may unintentionally promote unplanned pregnancies and reinforce poverty, raising questions about its overall effectiveness.

President Tinubu has called for an end to the exploitation of African resources, emphasizing the need for industrialization and value addition as strategies to combat poverty and secure the continent's future. He advocates for a shift in focus from exporting raw materials to developing local industries that can enhance economic growth.

According to Tanzania Times, global extreme poverty has significantly decreased since 1950, but the rate of progress has slowed to its lowest in decades. Over half of the world's impoverished population resides in countries experiencing rising poverty levels, often attributed to conflict and weak governance. This situation poses a risk of reversing years of advancements in poverty reduction, potentially leading to an increase in global poverty by 2050.