79% of Nigerians at Risk of Poverty Despite Reforms - World Bank   Despite nearly three years of sweeping economic reforms by the Federal Government, about 79 per cent of Nigerians remain poor or vulnerable to falling into poverty, highlighting the country’s deepening social and economic...

Inflation Risks Nigeria’s Poverty Reduction Progress – IMF   The International Monetary Fund (IMF) has warned that rising prices of essential goods could deepen poverty and worsen food insecurity in Nigeria despite recent improvements in the country’s macroeconomic stability. The warning was contained in the IMF’s July...

‎In recent times, the conversation around poverty reduction in Nigeria has intensified. While the President has repeatedly urged state governors to take decisive steps to tackle poverty, the real test lies not in the rhetoric but in the visible transformation of citizens’ lives.

Nigeria, Conflict-Affected Economies Face Growing Extreme Poverty Crisis - World Bank    The World Bank has warned that extreme poverty is growing rapidly in Nigeria and 38 other economies affected by conflict and instability, worsening hunger and pushing development goals further out of reach. The bank made...

The International Monetary Fund (IMF) is advising the Federal Government of Nigeria to sustain its ongoing economic reforms for the country to get better and achieve the desired economic growth that will lift the majority of citizens out of poverty. 

Rising Inflation Poses Risk To New Minimum Wage President Bola Tinubu has set up a committee to decide on the new minimum wage for Nigerian civil servants, however, concerns have been raised regarding the country’s rising inflation which is currently at 28.92%. Economists believe the implementation...