WADR

It's you speaking!

It's you speaking!

NIGERIA: 129 million Citizens Living In Poverty — World Bank

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

The World Bank has released the Nigeria Development Update report, stating that over 129 million Nigerians are currently trapped in poverty.
It released the report on Thursday in Abuja as headline inflation rises, forcing millions of Nigerians into hunger.
According to the global financial body, the over 129 million Nigerians represented a sharp rise from 40.1 per cent in 2018 to 56 per cent in 2024.
According to the report, there was an increase from 115 million in 2023 to 129 million in 2024, which means that 14 million Nigerians have become poorer this year.
The Washington-based bank attributed this surge to inflation, poor economic management, and external shocks.
Ndame Diop is the World Bank Country Director for Nigeria.

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

NIGERIA: 129 million Citizens Living In Poverty — World Bank

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *