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Nigeria ranks highest on inequality index for second time

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For the second time, Nigeria has been ranked the country with the highest inequality among its citizens by OXFAM.

OXFAM, a global civil society body that fights against injustice, and its partners indicate that Nigeria’s social spending (on health, education and social protection) is shamefully low, which is reflected in very poor social outcomes for its citizens.

“One in 10 children in Nigeria does not reach their fifth birthday, and more than 10 million children do not go to school. Sixty percent of these are girls,” the report said.

The index, released yesterday at the Annual International Monetary Fund and World Bank Meetings in Bali, Indonesia, titled ‘Commitment to Reducing Inequality Index (CRI Index)’ showed that in the past year, Nigeria recorded increase in the number of labour rights violations. Its minimum wage has not increased since 2011 and social spending has stagnated.

The CRI Index also shows that there is still significant potential for Nigeria to raise and collect more tax – scoring very badly on this aspect too. There have however been very improvements in this area of recent (in 2018), which will show in next year’s CRI.

“The IMF has given clear advice on the importance of tackling inequality, referring to Nigeria’s score in the CRI Index. The president of the country has also said that tackling inequality is important, as inequality leads to political instability. Yet little has been done,” the report said.

Denmark tops this year’s CRI Index with the highest score. It has some of the most progressive taxation policies in the world; the best labour market policies, and its protection of women in the workplace is the best in the world.

The index ranked 157 countries on their policies on social spending, tax, and labour right – three areas that the group believes are critical to reducing inequality.

Other countries with high inequality ranking include; Uzbekistan-156, Haiti-155, Chad-154 and Sierra Leone -153.

 

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Atiku mourns former Ohaneze Ndigbo President, Dozie Ikedife

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Atiku 'committed to elimination fuel subsidy process'

 

Former Vice President, the presidential flag bearer of Peoples Democratic Party, PDP, Atiku Abubakar has mourned the late former President of Ohaneze Ndigbo, Dr. Dozie Ikedife.

“On behalf of my family, I mourn the loss of Dr Dozie Ikedife, a former President-General of Ohaneze Ndigbo. He was a true patriot who worked for a united, democratic and fair Nigeria. May he rest in peace. –AA,” he said on Twitter.

Ikedife died earlier this week and was buried in his home town, at Nnewi, Anambra state.

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Atiku Abubakar signs the Peace Accord

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The presidential flag bearer of Peoples Democratic Party, PDP,, Atiku Abubakar has signed the peace accord, for the peaceful 2019 general election.

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Former Ohanaeze Ndigbo President, Dozie Ikedife dies at 88

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Former President-General of Ohanaeze Ndigbo, Dr. Dozie Ikedife is dead.

He died on Tuesday at 7pm, at the age of 88 in his Nnewi residence, according to his son.

He will be buried on Wednesday, Dec 12 at 5pm in his compound.”

The Imo State Governor, and Chairman Progressives Governors Forum, Owelle Rochas Okorocha said described Dr. Ikedife as a selfless leader who made sacrifices in the overall interest of Ndi-Igbo in particular and Nigeria as a nation.

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