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Nigeria at 64: Poverty widespread, bold reforms needed, says LP caretaker chairman, Nenadi Usman

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Nigeria at 64: Poverty widespread, bold reforms needed, says LP caretaker chairman, Nenadi Usman

By Jeffrey Agbo

National Caretaker Chairman of the Labour Party (LP), Nenadi Usman, has called for bold reforms in Nigeria that will promote macroeconomic stability and drive growth in the private sector.

In a statement on Tuesday to mark Nigeria’s 64th Independence Day anniversary, Usman said national focus must shift to productivity, inclusivity, improved access to education and healthcare among others.

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“Today marks Nigeria’s 64th year of independence, a moment that calls for reflection, gratitude, and a renewed sense of purpose,” she said.

“As we celebrate this milestone, we are reminded of our nation’s journey towards development and self-governance. Yet, alongside the celebrations, we must face the stark realities confronting us.

“Nigeria has been richly endowed with natural, human, and material resources, yet our progress has been hindered by years of stagnation and setbacks. The statistics paint a troubling picture: nearly half of our population lives below the poverty line, and over 20 million children are currently out of school. Corruption continues to cripple our economy, and the integrity of our politics and elections raises significant concerns.

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“Despite some economic growth, poverty remains widespread and inequality persists. The transformation of our economy has not yielded the productivity gains we hoped for. Governance failures and rampant corruption remain serious obstacles, as Nigeria continues to rank poorly on indices measuring corruption and the rule of law.”

Usman said that to reverse this decline and chart a course for a brighter future, Nigerians must commit to decisive action which includes: “Bold Reforms: We need policies that promote macroeconomic stability, stimulate private sector growth, and expand social safety nets for the most vulnerable.

“Inclusive Governance: We must foster unity across tribal and religious lines to build a New and Productive Nigeria, one that prioritizes the collective well-being of all its citizens.

“A Citizen-Centric Approach: Our focus must shift to improving access to education, healthcare, and economic opportunities, as well as ensuring free and fair elections.”

Usman added, “As we commemorate this independence anniversary, let us pledge to take meaningful steps toward a better future for Nigeria. This is a time for collective action, courageous leadership, and a shared commitment to progress. Together, we can build a nation that thrives and fulfills its true potential.”

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