EKO HOT BLOG reports that the federal government under the leadership of President Bola Tinubu on Saturday announced its decision to suspend the N-power scheme indefinitely. The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu announced the indefinite suspension of the program, adding that the government has launched an investigation into its activities. EDITOR’S … Read more
EKO HOT BLOG reports that President Bola Tinubu has tasked the United Nations to be more practical in supporting Nigeria in the fight against terrorism, displacement of people, and rising poverty. In a statement on Friday by the presidential spokesman, Ajuri Ngelae, President Buhari stated this in an audience with the Under-Secretary-General of the United … Read more
The Lagos APC refutes the claims made by the PDP that Sanwo-Olu’s first term. APC highlights the governor’s achievements in various sectors and emphasizes the overwhelming support he received. The party dismisses PDP’s criticism and asserts that Sanwo-Olu’s T.H.E.M.E.S. agenda has delivered significant progress for the people of Lagos. EKO HOT BLOG reports that the … Read more
Ortom has criticized President Buhari’s administration, describing it as the worst in Nigeria’s history. The governor stated that the past eight years have witnessed unimaginable poverty, insecurity, and maladministration. Furthermore, he lamented the President’s failure to deal decisively with armed Fulani herdsmen and corruption. EKO HOTBLOG reports that during the commissioning of the headquarters of … Read more
Former Nigerian lawmaker Shehu Sani has criticized President Buhari for claiming to have delivered on his promises. Sani accused the outgoing president of leaving behind a huge debt and masses of citizens in poverty, citing a UNICEF report that over 133 million Nigerians live in poverty. He also alleged that Buhari would be leaving behind … Read more
Bridging the poverty gap takes looking into the case of real estate and housing, says Rev. Hakeem Ogunniran. The founder and CEO of Eximia Realty Company Limited had a lot to say about the case of real estate and its influence on the poverty situation in Nigeria. Suggesting solutions for the incoming government of Bola … Read more
FG has unveiled its 2050 agenda to reduce poverty drastically. The Minister of Finance presented the budget at the NEC meeting. The ministry plans to reduce poverty from 83 million affected people down to 2.1 million by 2050. EKO HOT BLOG reports that President Muhammadu Buhari-led government has unveiled ‘Agenda 2050’ to reduce Nigeria’s poverty … Read more
By Philip Ibitoye Like a ravenous beast consuming everything in its path, Nigeria’s government continues to gobble up debt, with the Debt Management Office forecasting a possible N77 trillion debt by mid-2023. This is unsurprising to many citizens who are well aware of their government’s insatiable appetite for borrowing. Like a relentless wave crashing against … Read more
Wike has reacted to Agba’s statement on the high poverty rate in the country. EKO HOT BLOG reports that Governor Nyesom Wike has slammed the Minister of State for Budget and National Planning, Clement Agba, for blaming state governors for the high rate of poverty in the country. This online media platform gathered earlier reported … Read more
The NBS has released the number of Nigerians living in multidimensional poverty. Eko Hot Blog reports that the National Bureau of Statistics (NBS) says 133 million Nigerians are multidimensionally poor. EDITOR’S PICKS End Of An Era: US Speaker Pelosi To Step Down As House Democratic Leader Troops Neutralise Bandit Leader, Repel Attack In Kaduna Soldier … Read more
Gov. Babajide Sanwo-Olu of Lagos State on Saturday said even after 62 years of independence, Nigeria is still striving to attain freedom from terrorism and poverty. Eko Hot Blog reports that Sanwo-Olu said this during the Independence Day parade, to commemorate the 62nd National Independence Day Celebration of the Federal Republic of Nigeria. EDITORS … Read more
As Buhari’s Campaign DG, Amaechi Says People Fought Him For Supporting Hausa/Fulani Candidate Amaechi Says He Connects Easily With People And Can Walk Up To You And Discuss EDITOR’S PICK: 2023 Presidency: Amaechi Officially Resigns, Says It Was A Great Honour 2023: Amaechi Reveals When He’ll Resign As Transportation Minister 2023: Jonathan, Emefiele Out Of … Read more
EDITOR’S PICK 17-Month-Old Baby Needs N700,000 For Cancer Treatment 14-Year-Old Boy Drowns In Open Water In Kano – Fire Service I Won’t Tolerate Buck-Passing If I become President-Yahaya Bello Despite the fact that poverty affects all countries on the planet, some countries are more affected than others. Poverty rates are calculated by determining how many … Read more
…it is estimated that up to 118 million extremely poor people will be exposed to drought, floods, and extreme heat in Africa… EKO HOT BLOG reports that over 100 million extremely poor people in Africa are threatened by accelerating climate change that could also melt away the continent’s few glaciers within two decades, a United … Read more
Buhari said if India can lift 271million people out of poverty between 2006 and 2016, Nigeria can lift 100million out of poverty in 10 years. President Muhammadu Buhari has on Tuesday, in Abuja commenced the process to lift 100million Nigerians out of poverty. Buhari inaugurated the National Steering Committee (NSC) of the National Poverty Reduction … Read more
…insecurity and conflict as well as the COVID-19 pandemic are responsible for the challenges The World Bank says Nigeria’s inflation rate is expected to rise to 5th highest in Sub-Saharan Africa by the end of 2021, behind only Zimbabwe, Zambia, South Sudan and Angola. The bank’s Lead Economist for Nigeria, Macro Hernandez, stated this on … Read more
“Everything must be done to continue to keep the Nigerian state united, stronger and more successful Governor AbdulRahman AbdulRazaq of Kwara State has appealed to Nigerians to unite in the fight against terrorism, insecurity, banditry and mass poverty. AbdulRazaq made the appeal at the closing ceremony of 2 Division Inter-Brigade Corporals and Below Competition 2021, … Read more
Controversial OAP, Daddy Freeze has shared his thoughts on investment and the need to take people out of poverty. Daddy Freeze in an Instagram post he shared, stated that the best investment in life is not buying properties or starting a business. According to the media personality, the best investment in life is lifting the … Read more
Ministers charged to expedite action on the N2.3 trillion stimulus package Vice-President Yemi Osinbajo says the novel coronavirus pandemic has had devastating impact on the nation’s shaky economy and citizens standard of living. Osinbajo made the assertion at the first year ministerial performance review retreat. At the retreat, ministers gave account of their performance in … Read more
Nigerian Philanthropist and owner of the popular Kokun foundation, Adepeju Olukokun, has gone viral on social media after he rendered help to a fellow Nigerian man, Victor, who he saw eating Fufu and water by the road on the streets of Lagos. According to the viral video, the good Samaritan said on sighting the hungry man; … Read more