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Nigeria Ranks 161st on a Leading Index That Measures the State of Youth Around the World

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youth - Investors King

Nigeria is ranked 161st on the 2020 Global Youth Development Index which measures the status of young people in 181 countries around the world.

Singapore ranked top for the first time followed by Slovenia, Norway, Malta and Denmark. Chad, the Central African Republic, South Sudan, Afghanistan and Niger came last respectively.

The index further reveals that the conditions of young people have improved around the world by 3.1 per cent between 2010 and 2018, but progress remains slow.

The Commonwealth Secretariat today released its triennial rankings of youth development in 181 countries, with 156 of them recording at least slight improvements in their scores.

While the data used in the index pre-dates COVID-19, the report highlights the positive trajectory of youth development which the virus could reverse for the first time unless urgent action is taken to secure the pre-pandemic gains.

Key highlights

The index ranks countries between 0.00 (lowest) and 1.00 (highest) according to the developments in youth education, employment, health, equality and inclusion, peace and security, and political and civic participation. It looks at 27 indicators including literacy and voting to showcase the state of the world’s 1.8 billion people between the age of 15 and 29.

AfghanistanIndiaRussiaEthiopia and Burkina Faso were the top five improvers, advancing their score, on average, by 15.74 per cent. On the other hand, SyriaUkraineLibyaJordan and Lebanon showed the greatest decline in youth development between 2010 and 2018.

Global trends

Overall, the index shows advances in youth’s participation in peace processes and their education, employment, inclusion and health care since 2010.

Health made the largest gains of 4.39 per cent driven by a 1.6 per cent decline in global youth mortality rates and a 2 per cent drop in each HIV, self-harm, alcohol abuse and tobacco use. Sub-Saharan Africa made the greatest strides in improving the health of young people.

Levels of underemployed youth and those not in school, training or work remained constant. Advances in equality and inclusion are led by improved gender parity in literacy as well as fewer child marriage cases and pregnancies in girls under 20. Yet no progress occurred in women’s safety.

The global education score increased by 3 per cent, with South Asia making the largest improvement of 16 per cent followed by sub-Saharan Africa with 10 per cent. Peace and security improved by 3.41 per cent, resulting from fewer young people dying from direct violence. Somalia recorded the largest gains in the peace and security of young people, followed by ColombiaSri LankaEritrea and Russia.

Youth participation in politics is the only domain to record a decline in most parts of the world, reporting a deterioration in 102 countries. However, sub-Saharan Africa recorded a 5 per cent improvement in the average regional score.

Globally, Sweden leads on education, Luxembourg on equality and inclusion, Indonesia on political and civic participation while Singapore tops the employment, health, and peace and security domains.

‘An empowered generation’

Speaking before the release, Commonwealth Secretary-General The Rt Hon Patricia Scotland QC said: “Young people are indispensable to delivering a future that is more just, inclusive, sustainable and resilient. By measuring their contributions and needs with hard data, our advocacy for their development becomes more powerful, and we are then able incrementally to increase the positive impact and benefits youth are able to add towards building a better future for us all.

“Our Youth Development Index is a vital tool which has already significantly enhanced our capacity to assess the extent to which youth are engaged to contribute beneficially in their societies, and empowered by enabling policies and tools.”

She added: “While the data used to compile the index was gathered before the COVID-19 pandemic, the findings indicate where progress was being achieved and where it was not, and that urgent action is now needed so that pre-pandemic gains are not lost but sustained and developed further, more broadly and more inclusively.

“As we work to recover and rebuild from the many consequences of the pandemic, we need to draw as fully as possible on the energy and idealism of youth so that fresh opportunities for social, economic and political development are opened up with present and future generations of young people equipped and empowered to fulfil their potential.”

Recommendations

Among its recommendations, the index calls for more investment in lifelong digital skilling of young people, mental health services, apprenticeships, road safety and youth participation in decision-making to reverse trends which adversely impact them.

It further urges governments to improve data collection on education and diversify how they measure digital skills and online engagement of youth.

In a pre-recorded message, the Prime Minister of Antigua and Barbuda, Hon Gaston Browne, said: “It is an important index which offers empirical evidence as to the level of youth development within the Commonwealth. It establishes a baseline so that youth development can be monitored regularly and we can see how we are closing the identified gaps.”

The index, which draws on multiple data sources, was to be released at the now-postponed Commonwealth Heads of Government Meeting (CHOGM) in 2020. However, with CHOGM being postponed again until 2022, it was decided to release the index this year.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Government

Knocks, Kudos For Judiciary Over Stoppage of Allocations to Rivers State as Fubara Boasts of Coping Without FG’s Funds

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Siminalayi Fubara

A mixture of condemnation and praises has trailed a judgement of a Federal High Court that stopped the release of state allocations to the Rivers State Government.

Investors King had reported that Justice Joyce Abdulmalik of a Federal High Court in Abuja, on Wednesday, ordered the stoppage of the release of monthly federal allocations to Rivers State.

Justice Abdulmalik predicated her action on the grounds that the state government was in violation of the Constitution as regarding the state expenditures.

According to the judge, the current budget being operated by the state was not passed by a lawful arm of the Rivers State House of Assembly, therefore, Fubara is not entitled to allocations from the government at the centre.

Meanwhile, some stakeholders in the country have knocked the judiciary over the decision, calling on the Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun to rein in on judges’ actions over the political crisis ravaging Rivers.

For former Vice President Atiku Abubakar, the judiciary should be cautioned against setting the South-South State on fire.

In a statement by his media adviser, Paul Ibe, the former Vice President, said it was appalling that some elements loyal to the Federal Government were pulling the strings from behind.

Atiku wondered why Justice Joyce Abdulmalik issued the order when it was public knowledge that Rivers State had already challenged the Court of Appeal’s judgement on the legality of Rivers State’s 2024 budget.

He, however, called on Justice Kekere-Ekun to ensure that those found wanting are disciplined in order to restore the fading glory of the nation’s judiciary.

In the same vein, Chief Emeka Kalu, National Coordinator of the Peoples Democratic Party (PDP) Coalition observed that the ongoing crisis plaguing Rivers State must be handled with caution to save it from unnecessarily being flamed in uncontrollable state of lawlessness.

Kalu in the statement said the judiciary is expected to maintain its integrity and protect her independence by working to avoid being politically purchased to harm democratic processes and the ethics of law.

According to him, the recent judgement by the Abuja Federal High Court division directing the RMAFC to stop releasing statutory monthly allocation to the State government was done out of bias and politically motivated plans to disrupt Fubara ‘s administration.

The group affirmed that it remains the height of injustice for a political party under the guise of personal interest to continue raising the dust of anarchy against the will of the people and the judiciary is expected to redeem and revitalize the failed system instead of allowing herself to be used to ruin the polity.

On the contrary, the National Democratic and Change Coalition has hailed the court for the judgment banning further release of allocations to Rivers and called on Governor Fubara to refund all monies spent without appropriation to the state coffers.

The coalition, while expressing satisfaction with the ruling, said the people of Rivers State have been vindicated and the long-awaited justice has been served on the governor.

Reacting via a press release by John Uloko, president of the coalition hailed Justice Joyce Abdulmalik for the judgment, saying that since January 2024, Rivers State had received and spent allocations based on an “illegitimate” budget, thereby describing it as a “constitutional aberration”.

The group, made up of lawyers, agreed with the court that Governor Siminalayi Fubara’s presentation of the 2024 budget before a four-member Rivers House of Assembly was an affront to the constitutional provision.

It added that the ruling is a victory for democracy and will teach rogue governors the bitter lesson that the Constitution of the Federal Republic must be respected and the sanctity of the nation’s democratic institutions upheld irrespective of their political desperation.

Nonetheless, the embattled Governor Fubara, on Wednesday said the restriction placed on the state allocations is “the least” of his problems.

Governor Fubara stated this during a special thanksgiving service organised by the state government to celebrate his administration’s resilience amid escalating political crises, which began with the arson attack on the State House of Assembly complex exactly one year ago.

Governor Fubara assured that despite the court order, his administration would continue payments to contractors and ensure workers’ salaries are disbursed from today (Thursday).

He also confirmed that allocations for the 23 Council Chairmen would be credited, as the Joint Accounts Allocation Committee procedures have been completed.

The governor encouraged his supporters to remain resilient, assuring them that all challenges are surmountable.

Reflecting on his administration’s success, Governor Fubara noted that despite predictions that his government would not last even a week, he has successfully led for over a year.

He said his administration has also conducted local government elections against all odds and maintained a full cabinet despite attempts to undermine his leadership through resignations.

Highlighting his administration’s progress, he mentioned ongoing project executions across the state, countering critics who claimed he would be unable to deliver.

He also cited recent reports that position Rivers State as one of the leaders in financial accountability and transparency.

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Court Bars FG From Giving Monthly Allocation To Rivers Government

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Siminalayi Fubara

The Federal High Court in Abuja has restrained the Federal Government of Nigeria from giving monthly constitutional allocation to Rivers State Government.

Specifically, the court presided over by Justice Joyce Abdulmalik stopped the Central Bank of Nigeria (CBN), the Accountant General of the Federation, Zenith Bank and Access Bank from further allowing Fubara to access money from the Consolidated Revenue and Federation Account.

Justice Abdulmalik stated while delivering the order on Wednesday that further release of monthly financial allocations to the Rivers State government is unconstitutional and an aberration.

The court maintained that the previous collection and disbursement of monthly allocations since January this year by Governor Siminalayi Fubara is a constitutional somersault and aberration that must not be allowed to continue.

The judge anchored his decision on the manner in which Governor Fubara presented the 2024 budget, stressing that the presentation of the fiscal document before a 4-member Rivers House of Assembly was an affront to the Constitutional provision.

He said that Fubara action in implementing unlawful budget smacked gross violations of the 1999 Constitution he swore to protect.

Abdulmalik then stopped the CBN, the Accountant General of the Federation, Zenith Bank and Access Bank from further allowing Fubara to access money from the Consolidated Revenue and Federation Account.

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Government

Senate Postpones Screening Of Ministerial Nominees, Gives Reasons

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Senate President Akpabio

Nigerian Senate has shifted the scheduled screening for ministerial nominees, initially set for today.

The postponement of the exercise to Wednesday is to enable the nominees provide all needed documents as well as allow for sufficient time to complete their documentation and pre-screening processes.

The announcement was contained in a statement signed on Tuesday by the Special Adviser to the President on Senate Matters, Senator Basheer Lado.

According to Lado, the screening will hold on Wednesday, at 12:00 pm.

Lado, while explaining the reason for the postponement said the scheduled screening of ministerial nominees was shifted by the Senate, adding that it is to allow all nominees to conclude all aspects of documentation and pre-screening exercises.

He said the Office of the Special Adviser to the President on Senate Matters thanked the public for their understanding and cooperation.

Recall that the Special Adviser to the President had on Monday disclosed in a statement that the screening will hold today.

President Tinubu had written the Senate, seeking the screening and subsequent confirmation of appointments of seven ministerial nominees announced in Abuja last Wednesday.

Tinubu’s request was contained in a letter addressed to the President of the Senate, Senator Godswill Akpabio, and read last Thursday during plenary.

According to the letter, the ministerial nominees were Dr Nentawe Yilwatda, Minister of Humanitarian Affairs and Poverty Reduction; Muhammadu Maigari Dingyadi, Minister of Labour and Employment; and Bianca Odinaka Odumegu-Ojukwu, Minister of State, Foreign Affairs.

Others were Dr Jumoke Oduwole, Minister of Industry, Trade and Development; Idi Muktar Maiha, Minister of Livestock Development; Rt Hon Yusuf Abdullahi Ata, Minister of State, Housing; and Dr Suwaiba Said Ahmad, Minister of State, Education.

President Tinubu in the letter had sought expeditious consideration of his request by the Senate.

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