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This is a list of Nigerian states by poverty rate as of 2019. The international poverty rate used by the World Bank is used in the following list. 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 ...
Nigeria had one of the world's highest economic growth rates, averaging 7.4% according to the Nigeria economic report that was released in July 2019 by the World Bank. [1] Following the oil price collapse in 2014–2016, combined with negative production shocks, the gross domestic product (GDP) growth rate dropped to 2.7% in 2015.
As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions." [11] "National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates ...
Rank State HDI (2022) High human development 1 Lagos: 0.721 2 Ebonyi: 0.706 Medium human development 3 Imo: 0.693 4 Federal Capital Territory: 0.678 5
29 May – Nigeria readopts Nigeria, We Hail Thee, which was the country's national anthem from 1960 to 1978, as its national anthem, replacing Arise, O Compatriots. [20] 30 May – 2024 Aba killings: Eleven people, including five soldiers, are killed in an attack on a military checkpoint by unknown gunmen in Aba, Abia State. [21]
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.
A child is checked for signs of malnutrition in Katsina State, Nigeria, March 2011 . In Nigeria, several subsequent governments have implemented different policies in an attempt to develop the rural areas and alleviate the poverty rate that has become a prominent decadence in such areas. However, very little success has been recorded so far.
Nigeria has one of the world's highest economic growth rates (averaging 7.4% [2] over the last decade), an underdeveloped economy, and plenty of natural resources such as oil. 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 ...