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About 63% Nigerians Facing Multidimensional Poverty Induced by Poor Implementation of Policies- IPA

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About 63% Nigerians Facing Multidimensional Poverty Induced by Poor Implementation of Policies- IPA

By: Michael Mike

About 63 percent Nigerians are facing multidimensional poverty worsened by poor implementation of policies and data driven intervention. the Innovation for Poverty Action, (IPA) has decried.

Country Director, IPA Nigeria, Funmi Ayeni, stated this at a Nigeria Evidence Summit organised by the IPA tagged: “Translating Emerging Evidence for impact,” held in Abuja on Wednesday.

She said: “The 2022 multidimensional poverty index shows that 63 percent of persons in Nigeria are multi-dimensionally poor and this isn’t just monetary poverty, it is poverty of education and access to basic infrastructure.

“Hence the purpose of the Nigeria Evidence Summit is to provide a platform where people can come together to have conversations around the thematic areas of social protection, financial inclusion and education.

“What we are trying to do is to make sure that we have conversations that people can carry forward and will lead to lasting change and impact in Nigeria with regards to tackling the poverty challenge.

“Some of the leading voices in each of the thematic areas speak about the work that they have done and more importantly how to apply the evidence to actual.decision making and policy making in Nigeria.”

Commenting on the current hunger protest plaguing the country, Ayeni said IPA is working with relevant government agencies to provide data driven solutions to the challenge.

Chief Global Officer, IPA, Claudia Casarrotto, on her part, said leveraging on global research and policies adaptability is essential to liberating nations from poverty.

He said IPA shares knowledge to various contexts, noting that: “One of the big part of our work is to share knowledge and share evidence effectively with decision makers across the globe.”

She noted: “Here in Nigeria, we can learnt from what other countries and other context had done to reduce and contribute to solving global poverty problems.

“An interesting part of our work is to bring together decision makers, practitioners and evidence lovers from various countries to learnt together, share experiences and share knowledge.”

Director General, National Agency for the Prohibition of Trafficking in Persons, (NAPTIP), Professor Fatima Waziri-Azi, while pointing to benefits of partnering with IPA, said her agency is deeply interested in the establishment of evidence embedded labs by IPA, a pioneering initiative that holds immense promise in enhancing our data infrastructure and analytical capabilities.

Waziri-Azi who was represented by the Director Research and Programme Development, NAPTIP, said: “The Collaborative partnership between NAPTIP and IPA underscores our shared commitment to leveraging evidence to drive meaningful change and foster sustainable development.”

About 63% Nigerians Facing Multidimensional Poverty Induced by Poor Implementation of Policies- IPA

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Bandits Kill 8 Civilian Joint Task Force Members in Zamfara Community

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Bandits Kill 8 Civilian Joint Task Force Members in Zamfara Community

By: Zagazola Makama

Suspected bandits have killed eight members of the Civilian Joint Task Force (CJTF) in Dan Lutu village, Tsafe Local Government Area of Zamfara State.

Sources told Zagazola Makama that the CJTF were ambushed by the bandits while responding to a distress call on the bandits attempting to unleash terror on the residents

The victims, all members of the CJTF, were said to have bravely confronted the heavily armed bandits but were overpowered during a fierce exchange of gunfire.

Sources within the local vigilante network confirmed that the remains of the victims have been recovered and preparations are underway for their burial.

Bandits Kill 8 Civilian Joint Task Force Members in Zamfara Community

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Herders attack in Monguno kills teenager, injures another

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Herders attack in Monguno kills teenager, injures another

By: Zagazola Makama

A teenager was killed and another person injured in an attack by suspected herders at Kawuram Bush in Monguno Local Government Area of Borno State.

Zagazola learnt that the incident occurred at about 5:00 a.m. when herders allegedly moved their cattle into a farm belonging to Alhaji Kaumi Monguno and others, grazing on food crops. When the farmers tried to chase the cattle away, the herders reportedly attacked them with machetes and other weapons.

The victims were identified as Ali Goni, 15, who was fatally injured, and Modu Suri, 25, who sustained a bow-and-arrow wound to his left leg and is receiving treatment at General Hospital Monguno.

A combined team of the troops of Operation HADIN KAI,police tactical squads, Civilian Joint Task Force (CJTF), and hunters visited the scene, photographed the site, and evacuated the victims. The corpse of the deceased was released to his family for burial according to Islamic rites.

Sources said efforts are ongoing to apprehend the perpetrators in collaboration with local herders’ groups and community leaders.

Herders attack in Monguno kills teenager, injures another

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NGO Asks FG to Use Carbon Credits to Fund Renewable Energy

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NGO Asks FG to Use Carbon Credits to Fund Renewable Energy

By: Michael Mike

A Non-Governmental Organisation (NGO), Vectar Energy has said carbon credits could be the solution to the funding of the nation’s renewable energy plan,

Nigeria is in urgent need of about $40 billion to meet its energy gap, this Vector Energy advised the federal government to tap into carbon credits to fund renewable energy as a solution to the perennial power problem in the country.

Nigeria officially launched its Carbon Market Activation Plan (CMAP) in February 2024 and a supporting policy, the Nigeria Carbon Market Activation Policy (NCMAP), in September 2024, which outlines the strategy to unlock an estimated $2.5 billion market by 2030.

The plan is supported by an inter-governmental committee inaugurated by Vice President Kashim Shettima and aims to accelerate green growth, standardize its carbon market ecosystem, and facilitate international trading under the Paris Agreement

The Founder of Vectar Energy, Deborah Fadeyi, told journalists in Abuja at the maiden EcoWise multi-stakeholder forum under the theme: “Trust, Scale, Impact: Unlocking climate finance through carbon credits for Solar in Nigeria”, that there is an essential need for sustainable solutions through converting solar data into real capital via accelerating climate finance and clean energy in Nigeria .

She said: “access to electricity had become a burden, particularly with not less than 8.6 million Nigerians unable to access electricity, amidst power supply.

Fadeyi noted that: “When we go to COP events, we pretty much ask for aid to be able to build climate resilience, which is one key thing for us as a country.

“Having to build climate resilience through access to electricity, not just for day-to-day, but for sustainable industrialisation, then we realise that aids don’t work.

“The conversation of aids doesn’t work. So how about we trade something? This is where carbon credits come in. If we strive to deploy low-carbon renewable projects, is there a way for us to get concessions from that?

“To be able to finance more renewable energy projects, more solar projects, there is a mechanism for that, it is called the Clean Development Mechanisms.”

She explained further, “such mechanisms could bolster Nigeria’s ability to convert solar data or any sort of low-carbon or renewable green energy data into carbon credits.

“Also that carbon credit is sold to corporate buyers such as Amazon, Microsoft, to be able to showcase their net zero confidence as the world progresses to net zero by 2050.”

Speaking at the occasion, the Ambassador of Israel to Nigeria, Michael Freeman, represented by Thelma Agada, the B-Technology Project Manager, commended Vectar Energy to be the result of the partnership between Nigeria and Israel through the establishment of the Innovate Hub.

The envoy said Nigeria has everything it takes to lead Africa’s clean energy transformation through vast sunlight, abundant natural resources and most importantly, a young, talented, determined population.

“The challenge and the opportunity lies in connecting innovation to implementation and ideas to investment. This forum is exactly the kind of platform that makes such connections possible.

“This brings together government, private sector, academia and development partners, the four pillars that most work hand-in-hand if we can and will achieve the lasting impact.”

Freeman said: “Let me also assure you that Israel stands ready to partner with you on this journey, whether it is through technology transfer, capacity building or joint ventures in renewable energy infrastructure.”

On her part, the Vice President, Renewable Energy Association of Nigeria, Damilola Asaleye, commended the launch of the EcoWise platform by Vectar Energy, to be innovative platform that is needed currently in Nigeria and Africa at large.

She described EcoWise as a platform that is locally built by a Nigerian to bolster sustainable solutions in the renewable energy sector and to enable Africans to have access to climate finance.

She said: “We can have access to environmental finance and then, we can turn all the data from our solar installations right now in Nigeria, we can turn this into revenue through the climate credits.

“I am glad that a private sector, organisation is actually taking the bull by the horn to implement this climate finance platform right now, whereby we can convert climate, environmental data into revenue.

“We do not have to wait for the government for everything to be done. We private sector owners too need to step up to the game and ensure that we have data credibility,” Asaleye said.

Highpoint of the event was EcoWise technical paper launch, virtual presentations on: Nigeria’s solar ambition, empowering people for climate resilient energy access and financing the solar transition.

NGO Asks FG to Use Carbon Credits to Fund Renewable Energy

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