Group Urges Inclusive Policies As Poverty, Insecurity Deepen Amidst Fiscal Concerns.
By Ferdinand Olise
The Board of Directors of ActionAid Nigeria has urged the Federal Government to implement inclusive economic policies that translate growth into higher purchasing power and improved livelihoods for ordinary Nigerians, particularly in rural communities, for women, and for young people.
The Board also urged that this be complemented by targeted measures to cushion the impact of rising fuel prices and inflation, including expanded social protection, cash transfers, and interventions to stabilise food and transport costs.
According to a statement signed by the Chairman, Board of Directors, Rabi Isma, the Board made the recommendation at its 58th meeting, noting that Nigeria is sliding into a deepening crisis of poverty, insecurity, and fiscal mismanagement, as economic gains fail to translate into improved living conditions for citizens.
According to the Board, this concern is reinforced by recent World Bank findings indicating that over ₦34 trillion has been deducted through pre-allocation mechanisms in recent years, and that this has significantly constrained resources for national development.
The Board noted that while economic growth is projected at 4.4% in 2026 it remains below the African average, leaving Nigeria vulnerable to oil price volatility and global shocks.
The Board highlighted the challenges of underfunding of key sectors such as education, health, and agriculture, which are all currently below global benchmarks, despite the size of the national budget.
The Board further expressed concern over continued insecurity and humanitarian pressures disrupting livelihoods, displacing millions, and worsening food insecurity.
Also, the organisation urged that the Federal Government and National Assembly ensure transparent and efficient implementation of the 2026 budget and priortise education, health, and agriculture.
The Board added that oversight must be strengthened to eliminate waste, leakages, and abandoned projects, and to ensure measurable outcomes for citizens.
