Wednesday, October 31, 2018

Imagine! Over One Million Nigerians Slip Into Extreme Poverty In Just 4 Months

As many as 1.1 million Nigerians have reportedly slipped into extreme poverty in the space of just four months in the world's poverty capital - Nigeria.

Not even under President Olusegun Obasanjo when crude oil was sold for just 10 Dollars did majority of Nigerians suffer this much poverty.

This has brought the number of Nigerians living in extreme poverty — or below $1.90 a day — to 88 million.

In June 2018, the Brookings Institution named Nigeria as the poverty capital of the world, with 86.9 million extremely poor people.

Nigeria overtook India as the world poverty capital, despite being six times smaller in population than the Asian country. 

Who are those running our economy? How did we get here? Sigh!


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