- The Emir of Kano has linked poverty level in Nigeria with the increasing population
- Muhammadu Sanusi II said as population continued to grow, there was no resource to cater for it hence the high level of poverty
- The prominent monarch called for demographic and economic transition to put an end to the trend
Emir Muhammadu Sanusi II of Kano state has attributed increasing poverty level to uncontrollable growth in the population of Nigeria.
The prominent monarch made this known on Thursday, April 11, while speaking at a discussion in Kano tagged: “Leveraging on China-Nigeria Relations to Re-industrialise the Economy," Daily Trust reports.
Legit.ng gathers that the event was organised by the Manufacturers Association of Nigeria.
The Emir, who lamented that there was no resources to cater for the growing population, suggested that the country needed to have a very major exercise in economic education.
He said: “The people living in Northern Nigeria today are four-five times the number of people living in northern Nigeria in 1960 the land has not increased, resources have not increased, the revenues have not increased and there is no surprise that you are going to continue to have an increase in poverty.
“I think this country needs to have a very major exercise in economic education many of the arguments in the public space do not suggest that we have sufficient understanding of economics.
"Few people for example can make direct connections between the increasing poverty that we see in Nigeria and wrong economic policies. Few people understanding that allocation of resources is a reflection of economic choice.
"If you spend N1.5trn subsidizing petroleum products that is 1.5trn out of education, 1.5trn out of health, 1.5trn out of power, 1.5trn out of infrastructure you have taken economic decision that having cheap petroleum is more important than having education, more important than having health."
The monarch advocated for demographic transition as a solution to the increasing poverty level. He added that there would not be economic transition if there was no rethink on how to curb the poverty challenge through a population reform policy.
He added: “Decision that we have to make today are decisions that will have to aim at reducing the rate of growth in population; maybe unpopular today, but they are absolutely essential for the next generation. If we do not have demographic transition we are not going to have economic transition."
PAY ATTENTION: Download our mobile app to enjoy the latest news update
In an earlier report by Legit.ng, Alhaji Aliko Dangote spoke about the widening gap between the rich and poor Nigerians. According to him, the gap was “very alarming”.
He further expressed concern that more than 60% of the population live in extreme poverty in the northeast and northwest of Nigeria, saying northern Nigeria will progress more if the 19 state governments would work together to close the widening development gap.
He called on the 19 northern state governors to invest more in the agricultural sector for the steady development of the region.
Nigeria Latest News: Emir Sanusi Says Mosques Should be Converted into Schools | Legit TV