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Recommendations to get Nigeria out of poverty already being addressed, says Fashola

By Opeyemi Babalola
11 December 2022   |   4:05 am
The Minister of Works and Housing, Mr. Babatunde Fashola, SAN, has said that the recommendations by the National Bureau of Statistics (NBS) aimed at getting Nigeria out of poverty were already being addressed by the Muhammadu Buhari administration...

The Minister of Works and Housing, Mr. Babatunde Fashola, SAN, has said that the recommendations by the National Bureau of Statistics (NBS) aimed at getting Nigeria out of poverty were already being addressed by the Muhammadu Buhari administration with its massive investment in infrastructure renewal and expansion.

The NBS in a report in November on the poverty index had recommended investments in Health, Education, and Infrastructure among others as viable means to take the people out of poverty.

While presiding over the 2022 Ember Month Programme’s press briefing of the Ministry, Fashola, who noted that many people had been quoting the report in terms of the poverty rate, explained to the audience of transport stakeholders, “That (Infrastructure) was already happening before the recommendation came.

President Buhari had started investing in infrastructure. That is why you and I are here”.

Explaining that poverty has different dimensions including, monetary and multidimensional poverty, the Minister pointed out that the importance of infrastructure lay in the fact that it not only addresses monetary poverty, but also multidimensional poverty which, according to him, includes the absence of access, choice, and efficiency.

“And so for me, why is infrastructure so important? It is addressing poverty in the monetary and multidimensional modes because it provides jobs during construction and makes life better after construction. And as we have seen, as construction is going on, journey time is getting better year-on-year”, he said.

Stating that the Buhari administration is on the right track as far as addressing the poverty issues, the minister, who noted that results would manifest in due course, added that people who express anxiety over the seeming delay in the results of the investments should commend the administration for investing the nation’s resources for the benefit of the people.

“NNPC is now investing N621b in road construction, but that was the money some people used to fund electioneering campaigns and provide cars for friends in the past. Buhari has put back the money where it belongs. These are things that are heading in the right direction,” Fashola said.

The minister stated that: “When there is a problem, it takes time to design a solution and when you apply the solution, it takes time to get the final results. But ours is past the design stage because we are already seeing the results.”

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