Saraki Inaugurates Committee For The Establishment Of A Poverty Eradication Commission | Independent Newspapers Limited
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Saraki Inaugurates Committee For The Establishment Of A Poverty Eradication Commission

Immunity, Saraki
Posted: Jun 8, 2016 at 11:30 am   /   by   /   comments (0)

Senate President, Dr. Bukola Saraki, on Wednesday inaugurated a committee for the establishment of a National Poverty Eradication Commission.

The commission, which he said is part of efforts to track progress on the ‘poverty front’ in line with Nigeria’s commitment to meeting the United Nation’s Sustainable Development Goal Number 1, which aims to “End poverty in all its forms everywhere,” would serve as a data bank on all poverty-related issues in the country.

The body, he continued, “will be saddled with the responsibility of informing Nigerians quarterly of percentage reductions in poverty, lamenting the situation where the World Bank estimates for 2016 shows that the percentage of Nigerians “living below the national poverty lines, stands at 46%.”

“Other developmental partners suggest that the rise in the cost of living around the world, due to the global drop in oil prices, will further negatively affect the poor and middle class.

These become more disturbing, he continued when viewed against the backdrop of recent reports by the Nigerian Bureau of Statistics (NBS) which “highlights that our unemployment rate stands at 9.9%.

“The higher the rates of poverty and unemployment in a system, the more insecurity exists in that system” he stressed, adding that the bill “seeks to allow the Commission, once fully operational, to act as the preeminent government agency that would be tasked with catalysing resources for the purpose of addressing and eradicating poverty in the country.

“These efforts would go a long way in holistically confronting the issue of poverty that has and still negatively impacts millions of lives in Nigeria,” assuring the Senators that their views and recommendations will be taken into account in the report of this bill, urging all to contribute freely and fully in this pivotal legislative intervention process that aims to curb poverty in Nigeria.

A recent data by the World Bank shows that while China and India with a population of over one billion people are two countries with the highest number of poor people, with Nigeria coming third ahead of more populous Bangladesh, for example.

Saraki urged the Joint Committee to return the report in good time to the full plenary, while appreciating the efforts of the Senate Joint Committee on Poverty Alleviation and Social Welfare, and National Planning and Economic Affairs for their expedited action in reviewing the Bill for the establishment of a National Poverty Eradication Commission.