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Governor Abiodun Calls for Collective Action to Tackle Poverty and Drive Nigeria’s Economic Development

Governor Abiodun Calls for Collective Action to Tackle Poverty and Drive Nigeria’s Economic Development

The Ogun State Governor, Dapo Abiodun, has said the fight against poverty and the pursuit of national development cannot be left to government alone, stressing the need for collective responsibility by faith-based organisations, the private sector and individuals.

Abiodun made this call in Lagos on Tuesday while chairing the 12th Annual Public Lecture of The Foursquare Gospel Church Nigeria, themed Poverty Alleviation, Economic Development and Stability of the Nigerian Economy, held at The Marquee, Harbour Point, Victoria Island.

The governor commended Foursquare Gospel Church for going “beyond the pulpit” to provide social interventions through schools, hospitals, humanitarian outreaches and empowerment programmes that have impacted countless lives. He added, “The problem of poverty requires economic stability which must be anchored on inclusive growth where opportunities are extended to all citizens, especially the vulnerable. Economic development and stability are two sides of the coin. Without stability, the economy is short-lived. Without development, poverty persists. As leaders, whether in government, the church or private sector, we must collaborate to break the cycle because poverty is not just an economic statistic, it is a human reality. We must care for the vulnerable.”

Earlier in his address, the General Overseer of Foursquare Gospel Church Nigeria, Rev. Sam Aboyeji, said no nation could achieve development and stability without deliberately tackling poverty. He noted, “Poverty is one of the greatest challenges confronting Nigerians today and it can only be removed or minimised through a collective battle by government, faith-based organisations, committed parastatals and individuals.” Aboyeji explained that with 70 years of continuous presence in Nigeria, the church considered it a “sacred duty” to contribute to national progress, hence its commitment to the annual lecture as a platform for intellectual discourse and policy engagement.

Delivering the lecture, Senior Fellow and Associate Professor at Lagos Business School, Dr Doyin Salami, lamented the volatility of the Nigerian economy, warning that the current 3.2 per cent growth rate was inadequate for poverty reduction. He stressed that Nigeria required sustained growth of at least 6.5 per cent annually for a decade to achieve meaningful results. Salami said, “Recent data shows that increases in investment in Nigeria are not strong enough to stimulate growth. We must avoid the mistakes of the past and ensure that our investments are the kind that stimulate, support and drive development.”

He recalled that Nigeria was ahead of China in poverty indices as far back as 1992, but by 1996 China had reversed its fortunes while Nigeria continued to lag behind.

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