ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Monday, May 23, 2022
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Nigeria’s 2012 budget presentation

Former president of Nigeria, Goodluck Jonathan

Presidency reacts to PREMIUM TIMES story; but ignores World Bank report

byOluwaseyi Bangudu
June 12, 2013
2 min read

The presidency said individual world bank chiefs praised its performance.

The presidency on Wednesday ignored a World Bank report which showed an increase in poverty and unemployment during the Jonathan presidency, preferring instead to focus on statements of individual officials of the global financial institution.

In a statement by the Special Assistant to the President (New Media), Reno Omokri, on Wednesday, the presidency reacted to a PREMIUM TIMES story, and claimed that it was not indicted by the report.

“Our attention has been drawn to a headline in an online news media, Premium Times, with the title “World Bank indicts Jonathan’s government, says massive poverty, unemployment killing Nigerians”. This headline, which is not supported by the story it purported to highlight, is totally untrue and false.”

The World Bank had in its ‘Nigeria Economic Report’ May, 2013, described a worsening unemployment and poverty situation in Nigeria despite official GDP growth and other statistic provided by the Jonathan administration.

“While the officially reported growth rates of GDP well exceed population growth in the country, the pace of poverty reduction does not, this implies that the number of poor Nigerians living below the poverty line has grown measurably,” the World Bank said.

The Bank also said unemployment rate in Nigeria has increased since 2011.

“Job creation in Nigeria has been inadequate to keep pace with the expanding working age population. The official unemployment rate has steadily increased from 12% of the working age population in 2006 to 24% in 2011. Preliminary indications are that this upward trend continued in 2012,” it said.

Rather than address these indictments and others of the Jonathan administration, the presidency, in its eight paragraph reaction, completely ignored the World Bank report and instead focused on earlier statements of individual World Bank chiefs.

“It is a matter of record that the World Bank’s Vice President for Africa, Mr. Mouktar Diop, visited Nigeria in January of 2013 and on the 15th of January he praised the Jonathan administration for reducing poverty in Nigeria by 2%. His endorsement of the Nigerian economy was widely published by the print, electronic and New Media,” the presidency said.

“Also, on the 7th of May 2013, the World Bank Country Director for Nigeria, Ms. Marie Francoise Marie-Nelly,addressed a press conference and revealed that the World Bank has promoted Nigeria from a low income country ranking to a medium income position saying the level of endemic poverty in the country has reduced.”

To buttress its argument, Mr. Omokri also quoted the British Prime Minister, David Cameron.

“This may account for the comments by the British Prime Minister in his speech before the Conservative Party on October 10 2012 where he said “Yes, we’ve been hearing about China and India for years …but it’s hard to believe what’s happening in Brazil, in Indonesia, in Nigeria too. Meanwhile, the old powers are on the slide. What do the countries on the rise have in common? They are lean, fit, obsessed with enterprise, spending money on the future – on education, incredible infrastructure and technology,” Mr. Omokri added.

 

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

CITIZEN-FM AD


Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: Why women cheat: what every Nigerian man should know







PT Mag Campaign AD

Previous Post

“Tell Nigerians what killed MKO Abiola,” Gani Adams challenges country’s leaders

Next Post

Police kill University of Uyo student during protest over campus buses, lecture halls

Oluwaseyi Bangudu

Oluwaseyi Bangudu

More News

Unyime Idem, serving federal lawmaker, wins PDP primary for Ukanafun-Oruk Anam Federal Constituency, Akwa Ibom State

2023: Former speaker of Akwa Ibom Assembly loses PDP primary

May 23, 2022
APC Secretariat

APC postpones screening of presidential aspirants indefinitely

May 22, 2022
FEC Meeting chaired by President Buhari

PT PODCAST S2E13: Arrest of three public officials, resignation of Buhari’s ministers, resumption of Abuja-Kaduna train

May 22, 2022
PDP-logo

PDP Primaries: Election inconclusive in Ikeja Federal Constituency

May 22, 2022
Abia House of Assembly Speaker, Chinedu Orji

2023: Abia Speaker wins PDP’s ticket for House of Reps

May 22, 2022
PDP LOGO

PDP Primaries: Candidates emerge for Ibadan South East, Lagelu constituencies

May 22, 2022
Next Post
Gunmen kidnap University of Uyo female lecturer

Police kill University of Uyo student during protest over campus buses, lecture halls

World Cup Qualifier: Nigeria force Namibia draw

Leave Comment

Search

AUN-PT Ad





Transport-Technology


Stanbic Ad


Access Bank Ad





Glo Ad


Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,844,515 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • #PandoraPapers
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • Dubawa
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.