Over 60% of Nigerians Live in Poverty – Obi

Peter Obi Links Africa's Security Issues to Poverty, Calls for Urgent Action from Future Leaders to Foster Development and Stability

Peter Obi

Peter Obi, the Labour Party (LP) Presidential Candidate from last year’s general election, stated that Africa’s security challenges are closely linked to poverty, with over 50% of the population living in multidimensional poverty. Speaking in Athens, Greece, during an international dialogue of global leaders, Obi highlighted unemployment, corruption, poverty, and inequality as the key factors hindering security and peaceful coexistence in Africa.

“I joined global leaders, former presidents, prime ministers, senior government officials, military chiefs, renowned academics, sports personalities, and others in Athens, Greece, for a Leadership Dialogue focused on governance, particularly in the areas of security and the economy in today’s world, and the lessons for future leaders,” Obi said in a statement signed by his spokesman, Ibrahim Umar, on Saturday.

The former Anambra State governor stressed the urgent need to enhance collective security, reduce poverty, and address inequality.

“In Africa, we face high levels of insecurity, alarming corruption, worsening poverty, huge youth unemployment, and gross inequality. Over 50% of the world’s multidimensional poor live in Sub-Saharan Africa. Nigeria and Congo both have over 60% of their populations living in poverty and suffer from unacceptable levels of inequality.”

Obi also expressed concerns that non-state actors have taken over security in some African nations and emphasized that African countries underinvest in critical development areas like health and education.

He urged future African leaders to take bold actions to foster people-centred development. “They must confront insecurity head-on and reassure citizens of the state’s ability to maintain security. Corruption must be tackled with vigor. Leaders must invest in critical areas of development to improve health and education while addressing poverty, unemployment, hunger, and other pressing societal challenges.”

Obi said, “Nigeria has all the resources needed to move in this direction, and we remain committed to placing the nation on the right path.”

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