Thursday, November 12, 2026

Economy bad under Tinubu, poverty worsening insecurity: Wike

Mr Wike, however, warned against using poverty as an excuse to commit crime.

• January 23, 2024
FCT minister Nyesom Wike and President Bola Tinubu
FCT minister Nyesom Wike and President Bola Tinubu

FCT minister Nyesom Wike says President Bola Tinubu’s gvernment is working to improve the nation’s economy with a view to addressing poverty, one of the drivers of insecurity.

Mr Wike, who stated this during a media interaction in Abuja on Monday, explained that poverty and the economy were two sides of a coin, just as poverty and crime are connected.

He said, “You cannot talk about poverty without talking about the economy. If the economy is good, it means a lot of things will function well and that will be able to reduce poverty.

“When the economy is working well, there will be a lot of employment creation. When the economy is good, businesses will thrive, and this is what the current government is trying to do.”

He explained that Mr Tinubu’s government, through the subsidy removal and other economic policies, is working hard to improve the country’s economy which had been in a terrible state for a long time.

He urged Nigerians to wait patiently, adding that the measures will in the long run, improve the economy as a practical solution to poverty reduction.

While acknowledging the contribution of poverty to the rising insecurity in Abuja and other parts of the country, the minister stressed that poverty was not peculiar to the FCT alone.

He added that FCTA would not be able to reduce poverty within the territory when it was tied to the national economy.

According to him, the FCT Administration will not take decisions that affect only the economy of the territory.

He, however, said the FCTA could invest in agricultural production, skill acquisition, and information and communication technology to create jobs, but the impact would not be felt immediately.

“For me, the government is giving out palliatives to cushion the hardship being experienced due to fuel subsidy removal. We must understand where we are coming from because it is not going to be a miracle, but I want to assure you that the Federal Government is working hard to rebuild the economy,” he said.

The minister, however, warned against using poverty as an excuse to commit crime. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Road crash in Kaduna

States

Over 600 road crashes recorded in Kaduna

The Federal Road Safety Corps says it has recorded 662 road traffic crashes that caused 470 deaths and 2,624 injuries in Kaduna State between January and October.

Gavi, the Vaccine Alliance

Heading 4

115 million Nigerians benefiting from Gavi’s solarisation of 371 health facilities

The organisation stated that solarisation provides clean, reliable and sustainable energy to health facilities.

Corps members

States

NYSC members in Oyo receive October allowance after payment delay

The NYSC had attributed the delay to a technical glitch.

Senator Adeola Yayi

Heading 5

Ogun: Yayi pledges 24-hour power supply, infrastructure projects in Abeokuta

The CDC chairman described Mr Adeola as an experienced politician with the capacity to lead the state.

Gibran Raka

Education

Indonesia’s VP considers resignation over education qualification scandal 

Mr Gibran, 39, is the son of former Indonesian President Joko Widodo.