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‘Nigerians deserve wealth, poverty situation unacceptable,’ says AfDB chief, Adesina



The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, on Saturday decried the prevalence of poverty in Nigeria.

Adesina, who addressed guests at the convocation lecture of the American University of Nigeria (AUN), Yola, Adamawa State, said Nigerians deserve wealth and not poverty.

He stressed that for all the abundant wealth and natural resources in the country, Nigeria’s poverty situation is unacceptable.

The AfDB chief said there are way too many poor people in the country, adding “that there should not be a Nigeria for the rich, and another for the poor.”

He urged government at all levels in Nigeria invest in youths.

 Adesina said: “38.5 percent of Nigerian youths are unemployed, lack skills, economic opportunities, discouraged, angry and restless. They look at a future that does not give them hope.

“I speak to you today as a Nigerian. As I have quite often said, I will live as a Nigerian, die as a Nigerian, and on the resurrection morning, I will ask God for permission to rise as a Nigerian, with the green-white-green flag in my hand!

“Nigeria is blessed with an incredibly rich diversity of people, cultures, religions, mineral resources, oil, and gas, and amazingly rich biodiversity that should make us the envy of the world. We are blessed with abundantly diverse agro-ecologies that should also make us a land of bountiful harvests with capacity to feed Africa.

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“We are a religious nation, so we should understand that God loves diversity. The diversity of rich and brilliant colours that we see in our forests, oceans, seas, and in flora and fauna, reflect the beauty of the Creator. Therefore, our diversity is not our problem. 

“Diversity is our strength. But when mismanaged, diversity becomes divergence. Rather than unite, we become splintered, with each entity believing that, somehow, it is better without the other. We must manage diversity for collective good.

“Nigeria must start managing its diversity for prosperity. We must drive for national cohesion, not ethnic nationalities. We must address the fundamental reasons for agitations, by listening, understanding, removing prejudices and allowing for open, national dialogues, without preconditions, but with one goal: build one cohesive, united, fair, just and equitable nation for all, not for a few or for any section of the nation or religion.

“Nigerians deserve wealth, not poverty. For all the abundant wealth of natural resources, Nigeria’s poverty situation is unacceptable. Today, sadly, there are way too many poor people in Nigeria. The government is implementing bold social programmes to reduce the number of poor, through interventionist programmes, but the fact of the matter is poverty is not just about money.”



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