Child’s Protection: FG Says Violence Against Minors Cost Nigeria’s Economy $6bn Annually - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 2
March 7, 2019
TheFederal Government has said that the economic impact of violence againstchildren in Nigeria was estimated at 6.1 billion dollars  annually.
Thisamount is equivalent to about 1.07 per cent of the country’s Gross DomesticProduct .
ThePermanent Secretary, Ministry of Budget and National Planning, Olajide Odewaledisclosed this at the inauguration of the two reports on child Protection inAbuja.
Thereports are Financial Benchmark on Child Protection Services and the EconomicBurden of Violence Against Children.
Odewalesaid the estimated economic value that Nigeria loses to some selected healthconsequence of violence against children in 2014 amounted to N849 billion forfemales and N570 billion for males.
Inspite of this huge loss, he said the financial investment on child protectionwas a paltry N27.89 kobo spent per child on child protection per day.