Search results
Results from the WOW.Com Content Network
However, it retains a high level of poverty, with 41% of the population classified as poor by the National Bureau of Statistics in 2019 [3] (63% were living on less than $1 per day back in 2001 [4]). There have been governmental attempts at poverty alleviation, of which the National Poverty Eradication Programme (NAPEP) and National Poverty ...
Nigeria's Conditional Cash Transfer program provides targeted cash transfers to the most vulnerable households with the long-term goal of lifting millions out of poverty. A monthly stipend of N5,000 ($13.89) is given to households in poverty-stricken communities along with an additional N5,000 for families designated as priorities or extreme cases.
Poverty is the lack of, or the inability to achieve socially acceptable standard of living. [34] Officially, there is no poverty line put in place for Nigeria but for the sake of poverty analysis, the mean per capita household is used. So, there are two poverty lines that are used to classify where people stand financially.
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic Progress and Poverty , are those that raise, or are intended to raise, ways of enabling the poor to ...
The estimates can therefore differ from other estimates, like the national poverty rate. Nigeria is the country with the most people living in extreme poverty worldwide since 2019, overtaking much more populous India. [1] The poverty rate in Nigeria remains one of the world's highest and is especially high in the north of the country.
More Than Good Intentions: How a New Economics is Helping to Solve Global Poverty is a non-fiction book by Yale economist Dean Karlan and economist Jacob Appel published in 2011. It combines insights from behavioral economics with field research from developing countries to discuss and evaluate international development and poverty -alleviation ...
There are over 520 native languages spoken in Nigeria. [1] [2] [3] The official language is English, [4] [5] which was the language of Colonial Nigeria.The English-based creole Nigerian Pidgin – first used by the British and African slavers to facilitate the Atlantic slave trade in the late 17th century [6] – is the most common lingua franca, spoken by over 60 million people.
Dialects of Nigerian Pidgin may include the Sapele-Warri-Ughelli dialect that has majorly influenced large parts of Nigeria, Benin City dialect that has its influence from Bini language, Port Harcourt dialect that has elements of the mixed tribes in Rivers State, Lagos (particularly in Ajegunle influenced by sizeable Niger Deltan populace); and ...