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ActionAid Nigeria Says Nigeria’s Macroeconomic Growth Has Shown No Impact in Citizens Living Standard

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ActionAid Nigeria Says Nigeria’s Macroeconomic Growth Has Shown No Impact in Citizens Living Standard

By: Michael Mike

ActionAid Nigeria has expressed concerns that the country’s macroeconomic growth has failed to translate into better living standards for the majority of citizens.

ActionAid Nigeria, in a statement on Thursday by its Country Director, Andrew Mamedu said since 1960 when Nigeria got her independence, the Federal budget has climbed increasingly. Between 1999 and 2025 the Nigerian budget has climbed from approximately $3.1billion (excahange rate source: Oanda ₦299billion) to $36billion (exchange rate source Oanda ₦54.9trillion in 2025) yet, poverty rates in the same period have also increased proportionately in Nigeria from 42.7% of a population of 123 million people in 1999 to 52.5% of 230 million people today.   

Mamedu noted that: “The latest World Bank report reinforces the lived realities of Nigerians, confirming that poverty remains widespread and persistent. Although macroeconomic indicators suggest that Nigeria may be on a path toward recovery with GDP growth rates of between 3.13% and 3.9% in subsequent quarters of 2025, the benefits of such growth have not translated into real improvements in citizens’ livelihoods. Inflation may have eased marginally to 20.12% in August 2025 from 21.88% in July, while food and core inflation have also improved moderately; prices remain painfully high for the average Nigerian.” 

ActionAid Nigeria also noted that unemployment dropped from its 2020 peak of 10.85% to 5.05% in 2024, however, this statistical progress has not been felt by ordinary Nigerians. Historical analysis of the minimum wage reveals the dramatic erosion of economic value for the Nigerian worker.  The first official, unified National Minimum Wage was established in 1981 at ₦125 per month, which was equivalent to approximately £100 GBP at the prevailing exchange rate (source: OANDA, £1≈₦1.25 in 1981). By contrast, the current national minimum wage of ₦70,000 (officially adopted in 2024/2025) is worth approximately £35.63 GBP today (using the interbank exchange rate of £1≈₦1964.51 NGN). This comparison shows that the official minimum wage has lost nearly two thirds of its value in GBP terms since 1981. This stark disparity shows the failure of current wages to keep pace with cost of living and historical value. 

“Nigeria’s federal government set an ambitious target to raise the country’s tax-to-GDP ratio to 18% within three years, from the current 10%. The new tax reforms exempt individuals earning below One million naira annually and small businesses with turnovers under fifty million naira from income tax, an important but insufficient step given the scale of fiscal waste and inefficiency in government spending. 
Amidst these reforms, Nigeria continues to rely heavily on borrowing. The World Bank is expected to approve $750million in loans to Nigeria for strengthening healthcare, security and building resilient digital infrastructure.  

“Although the World Bank projects that Nigeria’s public debt-to-GDP ratio will decline for the first time in a decade from 42.9% to 39.8%, the sustainability of such debt amid poor fiscal accountability remains questionable.”

Mamedu added that: “Despite these borrowings, Nigeria continues to score low on budget transparency and citizen engagement. Weak accountability mechanisms and disproportionate spending on salaries and debt servicing have constrained the effectiveness of public expenditures. The U.S. Fiscal Transparency Report 2025 indicted Nigeria’s procurement system, citing the country’s failure to disclose key public procurement information. Past reports by the Auditor-General revealed contract fraud and procurement violations amounting to millions of dollars, while illicit financial flows continue to drain an estimated $18billion  annually twice the country’s 2025 budget deficit. 

He also reiterated that, “Nigeria’s economic indicators may suggest growth, but our people are not feeling it. When over half the population lives below the poverty line despite trillions spent in the name of development, it means something is fundamentally broken. Fiscal growth without human progress is failure.” This is why we must have a National Poverty Summit to confront our economic contradictions head-on and begin a national conversation on what truly works for the Nigerian people.”

The Country Director also called out civil society organisations, international NGOs, and local NGOs working on poverty eradication and alleviation, noting that it is an indictment on the sector if poverty continues to rise despite decades of interventions. “If after years of collective effort poverty has deepened, then we must admit that the strategies and approaches we are using are not sufficiently efficient or effective to provide the specific change Nigerians desperately want to see. This is a moment for honest reflection and renewed commitment.” 

ActionAid Nigeria therefore recommended that: “The Nigerian government must urgently convene a National Poverty Summit to move beyond fragmented policies and establish a unified, binding National Action Plan for poverty eradication. This essential emergency response requires immediate, non-negotiable action on Transparency, Accountability, and Data Integrity. This includes: strengthening anti-corruption agencies and overhauling the legal system to guarantee swift asset recovery; granting autonomy to the National Bureau of Statistics (NBS) for independent data; and making the National Social Register publicly accessible for citizen verification. Furthermore, to address the poor at their level, all state governors must be mandated to hold public town halls and declare concrete, localised action plans with clear timelines for the transparent deployment of subventions and relief funds. 

“Citizens including Citizens groups like MOT!On must actively hold leaders accountable for public spending and policy outcomes, they must take advantage of FOI Act to track government expenditures, question contracts and mobiise public pressure when government action deviate from public interest. Citizens must reject the notion that their votes or efforts are pointless and instead adopt an aggressive, year-round stance of demanding transparency and accountability from all levels of government. 

“International Non-Governmental Organisations should fundamentally review their strategy in addressing poverty issues in Nigeria. Civil society, INGOs, and NGOs must re-examine their approaches to ensure that their interventions include a shift in their approach to aggressively working with the citizenry to hold government accountable and to challenge government impunity and demand concrete results for the poor and excluded.”

ActionAid Nigeria Says Nigeria’s Macroeconomic Growth Has Shown No Impact in Citizens Living Standard

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ECOWAS Issues Biometric Identity Cards to Over 260 Women Traders at Senegal–Guinea-Bissau Border

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ECOWAS Issues Biometric Identity Cards to Over 260 Women Traders at Senegal–Guinea-Bissau Border

By: Michael Mike

The Economic Community of West African States (ECOWAS) has issued ECOWAS National Biometric Identity Cards (ENBIC) to more than 260 women traders in border communities between Senegal and Guinea-Bissau in a move aimed at strengthening regional integration and easing cross-border trade.

The cards were presented during a ceremony held on March 16, 2026, in the twin border communities of São Domingos and Mpack, with support from the German Agency for International Cooperation (GIZ).

The initiative, led by ECOWAS’ Directorate of Free Movement of Persons, Migration and Tourism, is designed to facilitate the movement of women engaged in cross-border economic activities while addressing administrative barriers faced by vulnerable populations who often lack awareness or access to ECOWAS travel documents.

The event brought together officials from both countries, including the Governor of Cacheu in Guinea-Bissau, Honorina Vasconcelos, and the Governor of Ziguinchor in Senegal, Mor Talla Tine, alongside representatives of national boundary commissions and the ECOWAS Commission.

Speaking at the ceremony, Vasconcelos expressed appreciation to ECOWAS for selecting São Domingos as a beneficiary of the pilot phase of the initiative, describing the programme as an important step toward strengthening regional integration and facilitating free movement across the sub-region.

Also addressing participants, Tine commended the programme and stressed the importance of transforming border communities into hubs of economic opportunity while maintaining vigilance against security threats and cross-border crime. He noted that around 100 women cross the Mpack–São Domingos border daily without adequate knowledge of required travel documents, highlighting the need for broader community sensitization.

Representing ECOWAS’ Director of Free Movement of Persons, Migration and Tourism, Obinna Ajugwo said the initiative demonstrates the organisation’s commitment to translating regional integration policies into tangible benefits for citizens.

He explained that the ECOWAS National Biometric Identity Card plays a critical role in facilitating cross-border travel while enhancing security through modern identity verification systems.

In total, 262 women traders received the biometric cards, a development that was greeted with enthusiasm and appreciation by beneficiaries who rely on daily cross-border trade for their livelihoods.

ECOWAS said the programme forms part of its broader efforts to strengthen border management systems, improve migration governance and advance the free movement of persons across West Africa.

Established in 1975 in Lagos, the regional bloc continues to pursue economic integration and cooperation among its member states, with a long-term vision of building an “ECOWAS of the People: Peace and Prosperity to All by 2050.”

ECOWAS Issues Biometric Identity Cards to Over 260 Women Traders at Senegal–Guinea-Bissau Border

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VP Shettima, Zulum Attend Eid Prayers at Ramat Square as Worshippers Observe Sallah Peacefully in Maiduguri

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VP Shettima, Zulum Attend Eid Prayers at Ramat Square as Worshippers Observe Sallah Peacefully in Maiduguri

By: Our Reporter

Vice President, Senator Kashim Shettima, Borno State Governor, Professor Babagana Umara Zulum, joined thousands of muslim faithful to observe the Eid prayers at Ramat Square, Maiduguri.

The two units prayer were observed peacefully at the main Eid ground and other prayer grounds across the state under tight security, marking the end of the month-long Ramadan fast.

In a sallah message shortly after the sermon by the Imam Idaini of Borno, Shettiima Mamman Saleh, the Vice President called for unity and peaceful coexistence in the state and the country as a whole.

Senator Shettima assures the Federal Government Gommitment to protecting the lives and properties of the citizenry, stressing that the fight against insurgency would be tackled head-on.

The Imam Idaini admonished worshippers to imbibe the lessons learned during the holy month and encouraged Muslim faithful to give alms to the poor (zakatul fitr) and to fast six days in the month of Shawwal to receive Allah’s bounties and rewards.

Borno State Governor, Professor Babagana Umara Zulum, in a sallah message, called on faithful to recharge their spiritual beings towards rebuilding a secure, peaceful, and prosperous Borno.

He saluted the courage, resilience, and commitment of the people to all initiatives aimed at deepening security and peace-building among the various components of society, fragmented by the Boko Haram insurgency over the years.

The Eid prayer was attended by the Shehu of Borno, Shehu Abubakar Ibn Umar Garbai Almin El-Kanemi; the Borno State Deputy Governor, Umar Usman Kadafur; the APC Deputy National Chairman, North, Senator Mohammed Ali Ndume; and Senator Kaka Shehu Lawan SAN, Minister of State for Regional Development.

Other dignitaries include members of the House of Representatives and the Borno State House of Assembly, former deputy governors, the Secretary to the State Government, Commissioners, APC stalwarts, and other top government officials.

VP Shettima, Zulum Attend Eid Prayers at Ramat Square as Worshippers Observe Sallah Peacefully in Maiduguri

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Eid-el-Fitr: IPCR Urges Nigerians to Embrace Unity, Peaceful Coexistence

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Eid-el-Fitr: IPCR Urges Nigerians to Embrace Unity, Peaceful Coexistence

By: Michael Mike

The Institute for Peace and Conflict Resolution (IPCR) has called on Nigerians to strengthen unity, tolerance and peaceful coexistence as Muslims across the country celebrate Eid-el-Fitr, marking the end of the holy month of Ramadan.

In a statement issued on Thursday in Abuja, the Director-General of the institute, Dr. Joseph Ochogwu, congratulated the Muslim Ummah in Nigeria and around the world on the successful completion of the Ramadan fast.

He said the occasion, which signifies the end of a period of fasting, reflection and spiritual devotion, provides an opportunity for citizens to renew their commitment to the values of peace, compassion and national unity.

Ochogwu urged Muslims to sustain the virtues cultivated during Ramadan—such as self-discipline, patience, charity and piety—beyond the festive period, stressing that such values are essential for building harmonious communities and strengthening the nation.

According to him, Nigerians must also rise above religious, ethnic and political differences and embrace mutual respect and peaceful coexistence as vital ingredients for national development.

“At a time when the country is confronted with complex challenges, unity of purpose and collective responsibility are crucial to overcoming divisions and building a more secure and prosperous nation,” he said.

The institute also expressed concern over recent security incidents in parts of the country, including the tragic bomb blast in Maiduguri, Borno State, which claimed several lives.

Ochogwu extended condolences to families of the victims, praying for the repose of the deceased and speedy recovery for those injured in the attack.

He reaffirmed the institute’s commitment to its mandate of promoting peacebuilding, conflict prevention and resolution across Nigeria, noting that IPCR would continue to work with government institutions, communities and other stakeholders to address the root causes of conflict.

The IPCR boss further urged citizens to remain vigilant, cooperate with security agencies and actively support peacebuilding initiatives in their communities.

“Peace is a shared responsibility, and every Nigerian has a role to play in safeguarding it,” he added.

Ochogwu also prayed that the Eid-el-Fitr celebration would usher in renewed hope, healing and unity for Nigeria while advancing peace, stability and national progress.

Eid-el-Fitr: IPCR Urges Nigerians to Embrace Unity, Peaceful Coexistence

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