The National Bureau of Statistics (NBS) released a new report on Monday, May 4, 2020, indicating that more than 82.9 million Nigerians are poor by national standards.
In its report on Poverty and Inequality in Nigeria 2019, released on Monday, NBS explained that the figure showed that 40.1 percent of the total population was classified as poor.
In other words, an average of four out of 10 individuals in Nigeria had real per capita expenditures below N137,430.00 per year.
This means the monthly income of an individual in this category is less than N11,500, while income per day is N38.00.
The report indicated that Sokoto, Taraba, Jigawa, Ebonyi, Zamfara, Yobe, and Adamawa tops the poorest states in the country.
NBS said, “Sokoto State had 87.73 percent poverty headcount rate followed by Taraba with 87.73 percent, then Jigawa which has 87.02 percent and Ebonyi with 79.76 percent.”
It disclosed that Lagos, Delta, Osun, Ogun, Oyo, Edo, and Anambra States had the least in terms of the poverty levels.
According to the bureau, Lagos State has a 4.50 percent poverty headcount rate, and it has been trailed by Delta with 6.02 percent, followed by Osun State with 8.52 percent.
The report indicated that after Osun, Ogun was next with 9.32 percent, while Oyo has 9.83, and Edo has 11.99 percent as well as Anambra with 14.78 percent.
KanyiDaily recalls that NBS had revealed that the number of unemployed Nigerians has risen to 20.9 million from 17.6 million.
The Central Bank of Nigeria (CBN) has mandated banks operating within the country to start…
The Office of the Senior Special Assistant to the President on Sustainable Development Goals has…
The Commissioner for Physical Planning and Urban Development in Lagos, Oluyinka Olumide has revealed that…
Nigerian billionaire, Prince Arthur Eze has called on Nigerians to support the administration of President…
Nigerian songstress, Yemi Alade has slammed the Lagos State government over the recent demolitions of…
Hollywood actor Bernard Hill, known for his roles in "Titanic" and "Lord of the Rings,"…