Discover and read the best of Twitter Threads about #povertytowealth
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Thread by Dr Olu Fasan @olu_fasan: @TLFPolicyTownhall
Macro responses to poverty. (1) Grow economy & boost productivity: Economic expansion creates jobs; higher productivity boosts people’s earnings. Govt must remove bureaucratic & structural obstacles to investment & innovation
Macro responses to poverty. (1) Grow economy & boost productivity: Economic expansion creates jobs; higher productivity boosts people’s earnings. Govt must remove bureaucratic & structural obstacles to investment & innovation
Macro response 2: Mainstream anti-poverty policy into wider economy. Subject govt policies/projects to anti-poverty Impact Assessment (IA). How will this project reduce poverty, e.g. benefit SMEs (how many?). Publish the IA.
Macro response 3: CUT COST OF LIVING. Poverty deepens with high cost of living. Reduce inflation w/ fiscal discipline, small state etc. + FREE TRADE. Protectionism raises prices of goods (imported & local) & deepens poverty. #TLFPolicyTownhall #PovertyToWealth
For us here in Nigeria, it is important to note that virtually the whole world started poor. So, each developed country at a point only found a way to be rich. We can also. But we must harness ideas, be prudent, disciplined and consistent. #TFLPolicyTownHall #PovertyToWealth
And the summary of the way has not changed in the last century. Every nation that became rich used natural resources – land (farming), timbers (ship), and seas (trade), using ideas, to their advantage. #TFLPolicyTownHall #PovertyToWealth
2. The foundation is the understanding of where we want to go, how we want to go, and what is required to take us, underpinned by a sound legal framework. #TFLPolicyTownHall #PovertyToWealth
Nigeria’s dire situation is caused by the failure to develop and execute policy aright. At the root of this failure is the absence of a national ethos, of community and shared commitment to national well-being; #TLFPoliceTownhall #PovertyToWealth
2/ the failure to recognise that these, rather than military spending and a rabid focus on regime security, are the true foundations of any credible national security strategy (NSS) and the policies/laws derived from it. #TLFPolicyTownHall #PovertyToWealth
3/ A new NSS must be developed in collaboration with the States, which must then domesticate it, duly modified, as individual State Strategies. All policy development must derive from this with the sole objective #TLFPolicyTownhall #PovertyToWealth
FROM POVERTY TO WEALTH: REAL REFORMS, REAL ACTION, REAL IMPACT.
POLICY IDEAS: @SamAmadi
#TLFPolicyTownhall
#PovertyToWealth
cc: @nonso2 @opeyemiagbaje @Ayoteriba @eyooekpo @DoubleEph @BJRewane @Dr_Okiti @olu_fasan @SamAmadi
@Omojuwa @MrFixNigeria @DrJoeAbah @afalli
POLICY IDEAS: @SamAmadi
#TLFPolicyTownhall
#PovertyToWealth
cc: @nonso2 @opeyemiagbaje @Ayoteriba @eyooekpo @DoubleEph @BJRewane @Dr_Okiti @olu_fasan @SamAmadi
@Omojuwa @MrFixNigeria @DrJoeAbah @afalli
FROM POVERTY TO WEALTH: REAL REFORMS, REAL ACTION, REAL IMPACT.
POLICY IDEAS: @SamAmadi
#TLFPolicyTownhall
#PovertyToWealth
cc: @nonso2 @opeyemiagbaje @Ayoteriba @eyooekpo @DoubleEph @BJRewane @Dr_Okiti @olu_fasan @SamAmadi
@Omojuwa @gimbakakanda @DrJoeAbah @afalli
POLICY IDEAS: @SamAmadi
#TLFPolicyTownhall
#PovertyToWealth
cc: @nonso2 @opeyemiagbaje @Ayoteriba @eyooekpo @DoubleEph @BJRewane @Dr_Okiti @olu_fasan @SamAmadi
@Omojuwa @gimbakakanda @DrJoeAbah @afalli
FROM POVERTY TO WEALTH: REAL REFORMS, REAL ACTION, REAL IMPACT.
POLICY IDEAS: @SamAmadi
#TLFPolicyTownhall
#PovertyToWealth
cc: @nonso2 @opeyemiagbaje @Ayoteriba @eyooekpo @DoubleEph @BJRewane @Dr_Okiti @olu_fasan @SamAmadi
@Omojuwa @gimbakakanda @DrJoeAbah @afalli
POLICY IDEAS: @SamAmadi
#TLFPolicyTownhall
#PovertyToWealth
cc: @nonso2 @opeyemiagbaje @Ayoteriba @eyooekpo @DoubleEph @BJRewane @Dr_Okiti @olu_fasan @SamAmadi
@Omojuwa @gimbakakanda @DrJoeAbah @afalli
