Friday, November 02, 2018

Nigerian Poverty on the Rise

The latest report according to The Cable, has brought the number of Nigerians living in extreme poverty – or below $1.90 per day, to 88 million.

Over 1.1 million Nigerians have slipped into extreme poverty in just four months.

Nigeria overtook India as the world poverty capital, despite being six times smaller in population.

The World Bank estimates that almost 1.6 billion people in the world live in extreme poverty and subsist on an average of $1.25 or less a day, and 29% of that number live in sub-Saharan Africa.

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