- An APC chieftain, Osita Okechukwu, has linked the regime of General Ibrahim Badamasi Babangida to the insecurity crisis in Nigeria
- Okechukwu alleged that it all started from the adoption of the Structural Adjustment Programme (SAP) in 1986
- The politician explained that SAP bred poverty and hate which in turn led to violence experienced since it was introduced by the former military ruler
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The Structural Adjustment Programme (SAP) of former Nigerian military ruler General Ibrahim Badamasi Babangida in 1986 has been pointed at as the cause of extreme poverty in the country.
This accusation was made on Monday, March 1, by the director-general of the Voice of Nigeria (VON), Osita Okechukwu, The Nation reports.
Okechukwu who is also a chieftain of the All Progressives Congress (APC) said ever since SAP was introduced into the country by the Babangida-led regime, there has been economic inequality in Nigeria, adding that this has metamorphosed into the insecurity menace faced by everyone.
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The VON boss explained that the policy, backed by the International Monetary Fund (IMF) has always bred poverty, hate, sectionalism and violence in any nation that adopts it.
In his submission, the APC member said:
“We should come to the reality that the insecurity challenge we face today is the outcome of Extreme-Poverty planted in 1986 by the IMF Structural Adjustment Programme (SAP).
"We are confronted with Extreme-Poverty planted in 1986 by the IMF Structural Adjustment Programme (SAP). The day SAP was born was the day the gross economic inequality and insecurity in Nigeria was born. It has badly mutated since 1986.
“Economic inequality breeds extreme-poverty, hate, division and hostile insecurity, in countries wherever it is allowed to thrive throughout history."
Okechukwu maintained that without dealing with the issue of poverty, no amount of funds pumped into the military to eradicate violence will yield desired results.
Meanwhile, Babangida had said that the security threats currently being faced by Nigeria could be tackled with long-term planning.
Babangida, in an interview on Tuesday, February 23, stated that the nation could overcome its security issues if those in the position of authority plan appropriately.
Onyirioha Nnamdi is a graduate of Literature and English Language at the University of Lagos. He is a Politics/Current Affairs Editor who writes on news and political topics for Legit.ng. He brings into his reporting a wealth of experience in creative and analytical writing. Nnamdi has a major interest in local and global politics.