Policy deficit may make Nigeria the global capital of poverty and slum in the next 30 years, the Emir of Kano Muhammad Lamido Sanusi II has said.
Sanusi said this over the weekend after he was inducted as an honorary member of the Sigma Club of the University of Ibadan in an event held at the Oyo state capital.
According to him, this would happen if the country does not take proactive steps by formulating the right policies.
“One of the sessions I missed sadly, of which I got its reports, was a session anchored by Bill Gate, in which he spoke about global poverty and declining global poverty,” he said.
“What he tried to do was to throw attention of the world to the fact that sometimes when we look at big numbers and don’t break them down to regions, we miss important issues.
“According to projections, if every country continues its present trajectory, by 2050, eighty percent of all the poor people in the world will live on the African continent.
“But that is not the frightening thing. One half of this 80 percent, will be in Nigeria and the Democratic Republic of Congo.
“Two countries will account for 40 percent of all the poor people in the world, and Nigeria will, therefore, remain the poverty capital of the world. This is a country that has produced many great people.
“This is a country that has boasted of best professors, greatest intellectuals, and the most educated people.
“Every time you think about it, the only deficit we have is a policy deficit. We have elections in 2019, I read the papers, I look at the television, and listen to the discussions, who is talking about education? Who is talking about nutrition? Who is talking about basic health? As a country, what are our priorities?
“We don’t have enough money for education. We don’t have enough money for health. We don’t have enough money for nutrition.
“But we have N1trillion or N2trillion to spend on petroleum subsidies. Where is our sense of what is important, and where is our investment in the future?”