WGA/11/9
Sponsored by Elizabeth Rowan, Jack O'Dell, Rebecca Fenlon of Ravenwood High School
The delegates above represented the Delegation of Nigeria.
This legislation was filed in the Economic and Financial category
Presented as part of the MUN B 2023 conference
| 1 | Honourable chairs and fellow delegates of the General Assembly, |
| 2 | |
| 3 | Expressing concern for the rapid population growth without concurrent economic growth that is |
| 4 | leading to an increase in poverty across Nigeria with 4 million more Nigerians pushed into poverty |
| 5 | in the first half of 2023 alone; |
| 6 | |
| 7 | Concerned for the worsening standard of living throughout Nigeria with a low Human Development |
| 8 | Index of 0.535; |
| 9 | |
| 10 | Taking into account high income inequality and an oil-dependent economy; |
| 11 | |
| 12 | Conscious that 11.3% of Nigerian citizens are currently homeless; |
| 13 | |
| 14 | Acting for the growth of economic stability and the livelihoods of the Nigerian people; |
| 15 | |
| 16 | Acknowledging that poor funding of educational programs has led to poor-quality schools; |
| 17 | |
| 18 | Stressing that gender inequalities in the educational system, such as 60% of out-of-schools |
| 19 | students being female, have led to loss of economic and social potential; |
| 20 | |
| 21 | Noting that poor infrastructure coupled with unqualified staff who are paid less than 400 US dollars |
| 22 | yearly has resulted in low-quality education; |
| 23 | |
| 24 | Taking into consideration that 90% of Nigeria’s export value is derived from petroleum and oil |
| 25 | products, and thus, oil price fluctuations, such as the 21% decrease in OPEC crude oil price in the |
| 26 | last year, have major effects on the economy’s health; |
| 27 | |
| 28 | Emphasizing that oil extractions and exports have decreased in recent years partially due to asset |
| 29 | instability, decrease in investment for petroleum harvesting, and unemployment (5.76% of |
| 30 | population); |
| 31 | |
| 32 | Cognizant that in previous years, the United Nations Development Programme (UNDP) has |
| 33 | invested in data systems and computer simulations to track implementation and measure progress |
| 34 | while targeting Nigeria’s poverty ($3,700,000 in total investment); |
| 35 | |
| 36 | The Delegation of Nigeria hereby: |