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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 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
Read 10 tweets
To start, I view Nigeria today as the sum total of policies today and those taken in the past. In that sense, I like to view Nigeria as the result of ideas. If you do A, you shouldn’t expect any other result than B. @TheLiberalForum @nonso2 #TheLiberalForum
So Nigeria today is working as designed, whether the design was intentional or not. As bleak as things might be now, there’s a real chance - for this generation - to un-design a lot of what’s clearly gone wrong @TheLiberalForum #TLFPoliceTownhall
Every successful country I can think of went through a period when the ideas were good, the better of reform was grasped and real change came about. Not often painless or easy but it was done nonetheless #TLFPolicyTownhall @TheLiberalForum
Read 22 tweets
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
Read 21 tweets

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