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Over 100 Million Nigerians Living in Poverty, Peter Obi Says

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2023: Obi vows to stamp out corruption if elected president

The presidential candidate of Labour Party (LP), Mr. Peter Obi, on Monday declared that over 100 million Nigerians were living in poverty, saying the situation was responsible for the rising insecurity in the country.

According to the LP presidential candidate, the inability of the current government to handle challenges facing Nigeria has painted the country as a failed state.
Obi spoke during a one-day International Colloquium forum with the theme: “What do Nigerians Want?” held virtual that was organised by Christ Church, in Port Harcourt.

According to the former Governor of Anambra State, “Over the years what we see as a country is training people into poverty. The consequence is that we have 100 million people today living in poverty. There is no way you will have 100 million people living in poverty and you will not have crisis.

“We have more people living in poverty than China and Egypt combined, a population of about 2.5 billion. There is no where you won’t have these crises we are going through. The number of people that supposed to be working in Nigeria is 120 million, but today only 40 million are gainfully employed in Nigeria. We have 80 million people who are supposed to be working not working.

“The consequence is that we have a state but it is unproductive. Nigeria as a country is unproductive because when we talk about 80 million people that are not working, about 70 per cent are youths in their productive age doing nothing with so much tendencies.

“So, the country is not doing anything, all the country is doing today is sharing. Everybody is looking for what to share, even when what we are sharing is finished which is why we have the large crisis till date”.

Speaking on security, Obi expressed sadness that the government was no longer in control of the nation’s territory, adding that the nation was being led by gangsters whose target is to loot the country’s treasury for personal gain.

“We are no longer in control of our economy. We have to deal with the issue of security. Why do we have a security problem? Is very shameful. Is curating the effect of leadership failure over the years?

“I have to stop the bleeding. You are going to borrow money but there had to be a law that all borrowed money will be for investment. We had to move from sharing formula to production formula.

“If we get it right and start borrowing for investment, that is where we start. When we start pulling people out of poverty. The more they pull people out of poverty, the more they reduce criminality.

“We need to start doing proper investment in security. Nigeria is lacking leadership. We have one situation where our system has been criminalised by gangsters who call themselves leaders and that is why we see desperation by people who want to run the government. It is remaining for us to carry gun and shoot people because we want to serve them”, Obi added.

Earlier, Dr. Victoria Ekhomu, spoke on the State of Insecurity in Nigeria, while Prof Oyelowo Oyewo and Ifiesimama Sekibo respectively spoke on “Restructuring and True Federalism in Nigeria” and “The Economy Nigeria Needs to Break Forth.”

Meanwhile, the Peter Obi Support Network (POSN) has condemned the alleged intimidation of people of south-east origin at some voter registration centres in Lagos State.

The group also described as unacceptable, the prevention of voters’ registration exercises in some parts of Imo State.

POSN stated these while reacting to series of viral videos of unbelievable intimidation of adults, who had peacefully attempted to contribute their civic quota to the democratic process of obtaining their PVCs.

The group therefore called on security agencies, to collaborate with the Independent National Electoral Commission (INEC) to tame the ugly trend.

The POSN statement was signed by the spokesperson, Sani Saeed Altukry.

The group further implored INEC to distribute more equipment and personnel to the allocated registration centres in Lagos State particularly and other states of the federation that require same urgent attention to effectively register all adults, who desire to exercise their civic rights in 2023 and beyond.

Part of the statement read: “We condemn, in the strongest possible terms, the intimidation and violence evidently meted out to the people from the south-east origin resident in Lagos State, who went to exercise their fundamental rights of getting registered as voters to be eligible to perform their simple civic duty of voting during elections in Nigeria.

“Few weeks ago, similar incidents were reported about people being chased out of a registration centre in Imo State by those alleged to be armed bandits.

“These developments in our democratic polity are extremely worrying and should be of great concern to our security agencies.

“We commend INEC for establishing emergency registration centres in Enugu, Lagos and other locations, which has given eligible youths the opportunity to register while we continue to call for extension of the registration deadline beyond June 30 so as not to disenfranchise millions of eligible Nigerians who are willing to exercise their civic duties.”

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China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

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China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

China has revamped its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a more convenient refund-upon-purchase system, according to the State Taxation Administration (STA).

The STA announced on Tuesday that under the new system, foreign visitors can now claim Value Added Tax (VAT) rebates instantly at designated tax-free stores. This change allows tourists to use their refunded amount immediately for additional shopping, enhancing their overall experience in China.

Previously, VAT rebates could only be withdrawn upon departure, but with the new policy, tourists will be able to access their refunds in real-time during their stay. The policy, which was initially tested in cities like Shanghai, Beijing, and Guangdong, has now passed all operational requirements and will be rolled out nationwide.

The STA emphasized its dedication to improving policy guidance and simplifying refund procedures to better serve international visitors.

Li Xuhong, Vice-President and Professor at the Beijing National Accounting Institute, welcomed the change, stating that the nationwide implementation would raise China’s tourism service standards. “It will foster a friendly, efficient, and convenient tourism environment,” Xuhong added.

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Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan’s Trade Office Claims

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Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan's Trade Office Claims

Rep. Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reiterated Nigeria’s firm commitment to the One-China Policy, following recent comments by Taiwan’s Trade Mission Head in Nigeria, Andy Yih-Ping Liu.

Speaking in Abuja on Tuesday, Yakubu firmly declared that Nigeria continues to recognize Taiwan as an integral part of the People’s Republic of China. He rejected Liu’s claim that Taiwan was not part of China, labelling it as “propaganda” aimed at undermining the strong diplomatic ties between Nigeria and China.

“For the record, United Nations General Assembly Resolution 2758, adopted in 1971, recognised the People’s Republic of China as the sole legitimate representative of all of China, including Taiwan,” Yakubu stated. “The One-China Policy remains the cornerstone of China-Nigeria relations.”

He emphasized that since Nigeria and China established diplomatic ties in 1971, the country has consistently upheld this principle. “Efforts by Taiwan’s trade office to challenge this stance are futile and will not succeed,” Yakubu added.

Yakubu criticized Liu’s comments as an attempt to draw Nigeria into China’s internal matters, accusing the Taiwanese official of deliberately sowing discord and provoking a diplomatic rift. “Nigeria’s relationship with China is built on mutual respect and non-interference in each other’s political matters,” he said.

In response to Liu’s claim that China acted as a bully, Yakubu pointed to the positive trajectory of Nigeria-China relations. “Contrary to these baseless assertions, Nigeria has enjoyed a mutually beneficial partnership with China, yielding tangible results for both nations. Since 1971, our ties have grown significantly.”

He highlighted the strategic nature of the partnership, referencing the elevation of the relationship to a Comprehensive Strategic Partnership during the 2024 FOCAC Summit in Beijing. “Today, Nigeria stands as China’s second-largest trading partner in Africa, with bilateral trade surpassing 20 billion dollars,” Yakubu noted.

Furthermore, Yakubu praised China’s role in Nigeria’s infrastructural development, with investments in sectors such as rail networks, roads, ports, power stations, and water treatment facilities.

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Shettima Warns Media Against Romanticising National Challenges

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Shettima Warns Media Against Romanticising National Challenges

Vice President Kashim Shettima has cautioned Nigerian media practitioners against the growing tendency to romanticise serious national issues, describing the trend as a dangerous departure from the media’s constitutional duty of promoting truth and accountability.

Represented by his Special Adviser on Special Duties, Modibbo Umar, the Vice President issued the warning on Tuesday while delivering a speech at the 17th LEADERSHIP Conference and Awards held at the Old Banquet Hall of the State House, Abuja.

“We must resist the temptation to romanticise serious national issues or frame them in ways that distort public understanding,” Shettima said. “Doing so only weakens the fabric of our democracy and derails our collective efforts at nation-building.”

The Vice President’s remarks came as stakeholders in governance, business, and civil society gathered to reflect on the theme of the event, “Challenges and Opportunities in Nigeria’s Fiscal Federalism.” The conference provided a platform for thoughtful engagement on some of the country’s most pressing issues, with a focus on the responsibilities of leadership at all levels.

Shettima also used the occasion to commend LEADERSHIP Newspapers Group for its consistent contributions to national discourse and its commitment to celebrating excellence in leadership.

“I commend LEADERSHIP Newspaper for the vision to convene this vital discourse and for shining the light on those who have chosen to lead with courage and competence. May we never tire of striving for a better Nigeria,” he said.

The annual LEADERSHIP Conference and Awards continues to be a major event that brings together influential voices to deliberate on national progress and honour individuals and institutions making meaningful impact in society.

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