39 Million Africans May Fall Into Poverty This Year - AfDB President       President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has warned that another 39 million people in the continent could fall into poverty at the end of this year. Adesina stated this at...

High Unemployment Rate Threatening FG’s Poverty Reduction Plan – AfDB       The Director-General of the African Development Bank Group’s Nigeria Country Department, Mr Lamin Barrow, has said the Nigerian government’s plan to lift 100 million Nigerians out of poverty by 2030 is threatened by the high...

Buhari Sets Up Committee To Lift 100m From Poverty     President Muhammadu Buhari inaugurated on Tuesday the National Steering Committee of the National Poverty Reduction with Growth Strategy, chaired by Vice-President Yemi Osinbajo. He said this re-echoed his commitment to lifting 100 million Nigerians out of poverty...

Rising Inflation Pushed 7million Nigerians Below Poverty Line – W/Bank       The World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020. This was contained in a press statement titled ‘Critical reforms needed to reduce inflation and accelerate the recovery,...

NBS: COVID-19 Pushes Households Further Below Poverty Line         There are indications that the Coronavirus (COVID-19) pandemic has pushed households further below the poverty line, due to the increase in unemployment rate resulting from the impact of the pandemic. In its COVID-19 Impact Monitoring round 5, September...

‘Over 82.9m Nigerians Currently Living Below Poverty Line’       With over 82.9million Nigerians currently living below the poverty line, there is a need to urgently tackle poverty to get the economy back on track, according to ActionAid Nigeria. The Country Director, Actionaid, Ene Obi, also said unemployment...