Tags :Poverty rates in Nigeria
The National Bureau of Statistics has revealed that 63 per cent of persons living in Nigeria are multidimensionally poor. This is about 133 people of the over 200 million people living in the country. NBS highlighted this in Read More
The Nigerian government is planning to replace fuel subsidies in 2022 with cash handouts of up to N5000, an amount that would cost the country up to 2.4 trillion naira in a year. According to Finance Minister, Read More
Would things get better? Every election term, Nigeria’s citizens vote in a new set of public office holders, again setting themselves up for the worse. As poverty rates climb higher and the gap between Read More
The Socio-Economic Rights and Accountability Project has said that 27.4 million Nigerians earn below N100,000 per annum. It said the figure represented 48.9 percent of persons living in poverty in the country. It made the declarations at Read More
The World Bank has forecasted the number of Nigerians living below the poverty level may hit 100 million by 2022, a 20 million increase of the current figure. Gloria Joseph-Raji, World Bank senior economist, made this known while Read More