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Monday, 25 June 2018

Nigeria has taken over as the nation With the Highest Number of Extremely Poor People

It is quite unfortunate that Nigeria has taken over as the nation with the highest number of extremely poor people,according to reports.
India, with a population of 1.324 billion people, had held the unenviable position until this latest report confirming Nigeria, with a population of under 200 million as the new poverty capital.
Nigerians is in extreme poverty that it increases by six people every minute according to reports.
“According to our projections, Nigeria has already overtaken India as the country with the largest number of extreme poor in early 2018, and the Democratic Republic of the Congo could soon take over the number 2 spot.
“At the end of May 2018, our trajectories suggest that Nigeria had about 87 million people in extreme poverty, compared with India’s 73 million. What is more, extreme poverty in Nigeria is growing by six people every minute, while poverty in India continues to fall.
“In fact, by the end of 2018 in Africa as a whole, there will probably be about 3.2 million more people living in extreme poverty than there is today.
“Africans account for about two-thirds of the world’s extreme poor and that if current trends persist, Africa will account for nine-tenths by 2030.
“Fourteen out of 18 countries in the world—where the number of extreme poor is rising—are in Africa.”

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