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Poor Nigerians To Hit 95.1m In 2022 – World Bank

Poor Nigerians To Hit 95.1m In 2022 - World Bank   The World Bank has said that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty line over the years. President Muhammadu Buhari was first elected into the office of president of Nigeria in...

Cash Transfer: Minister Says Some Nigerians Haven’t Seen N5,000 Before

Cash Transfer: Minister Says Some Nigerians Haven’t Seen N5,000 Before The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouk, has dismissed as “elitist assertion” comments that the regime’s N5,000 monthly national conditional cash transfer to some poor and vulnerable people is insufficient...

Inflation May Push 91m Nigerians Below Poverty Line – W/Bank

Inflation May Push 91m Nigerians Below Poverty Line – W/Bank The World Bank says the general increase in food prices which occurred between June 2020 and June 2021 may have increased the percentage of Nigerians living below the national poverty line from 40.1 per cent...

39 Million Africans May Fall Into Poverty This Year – AfDB President

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 Buhari’s Poverty Reduction Plan – AfDB

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

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...