Other highlights of the report reveal that urban poverty rate is 18.04 per cent, while rural poverty rate is as high as 52.10 per cent. Nigeria has been world's poverty capital since 2018, with 87 million people in extreme poverty, according to Brooking Institute's World Poverty Clock. With over 182 million people, Nigeria is the most populated country in Africa and the seventh largest in the world. In 2020, there were 37.2 million people in poverty, approximately 3.3 million more than in 2019. Only three (3) states in the country can meet their operating expenses obligations with a combination of their IGR and Value Added Tax (VAT) as measured in our 'Index A' ranking; these states are Lagos, Rivers, and Anambra and they appear at the top of the 'Index A' ranking. Furthermore, only about half of all fragile states will reduce the absolute number of people in extreme poverty between 2020 and 2030. MICS. This has in many ways have hindered economic development and contributed to the state's 74.2 percent poverty rate. Nigeria is an economic leader with strong economic growth, a large population of hardworking, entrepreneurial people and the largest continental GDP. 2 million. States in the north-east and north-west have female primary net attendance rates of 47.7 percent and 47.3 percent, respectively, meaning that more than half of the girls are not in school. According to a 2018 report by the World Bank, almost half the population is living below the international poverty line ($2 per day), and unemployment peaked at 23.1%. The first confirmed case of COVID-19 in Nigeria was detected in a traveler who arrived in Lagos from Europe on February 27, 2020 (). Nigeria Prison Statistics -Incarceration Rates By States, Gender, Religion, And Others February 8, 2018 Debt Profile of Nigeria 36 States- A Detailed Breakdown February 6, 2018 Most Stressful Cities in Africa October 30, 2017 The average per capita calorie allowance was calculated for Nigeria at 2251 calories per day, which serves as a nutritional reference value for food poverty threshold in 2019. growth between 2003 and 2010 in Nigeria was 7.58% on the average. A state located in North western Nigeria, has the highest poverty rate in the region with 74.5 percent. Mississippi, which has the highest poverty rate of all states, actually witnessed its share of people living below the poverty line decline from 22.6% in 2014, down to 20.3% in 2019; an . 1 shows average daily increases in confirmed COVID-19 infections in Nigeria, and provides a timeline of major policy responses, especially at the federal level of government. In 2020, there were 37.2 million people in poverty, approximately 3.3 million more than in 2019. 10. The official poverty rate in 2020 was 11.4%, up 1.0 percentage point from 2019. Nigeria's COVID-19 outbreak and responses. The 2019 Poverty and Inequality Report released by the National Bureau of Statistics (NBS) reveals that 40.1% of Nigerians are poor. In 2018, 40% of Nigerians (83 million people) lived below the poverty line, while another 25% (53 million) were vulnerable. The description is composed by our digital data assistant. Demographic profile. Nigeria - Unemployment rate. This meant that every state had a poverty incidence below 50 per cent. The combined wealth of Nigeria's five richest men - $29.9 billion - could end extreme poverty at a national level yet 5 million face hunger. Poverty Rates By States In Nigeria As Of 2020 - Politics - Nairaland. However, poverty is still a concern in the country. 22.6 (%) in 2018. In other words, on average 4 out of 10 individuals in Nigeria are estimated to have real per capita expenditures below 137,430 Naira per year. SEPT. 15, 2020 — The U.S. Census Bureau announced today that median household income in 2019 increased 6.8% from 2018, and the official poverty rate decreased 1.3 percentage points. rate of 19.5 percent in the second quarter of 2020 (Nigeria Aug. 2020, Table 7), compared to 45.2 percent in Akwa-Ibom state, 43.7 percent in Rivers State and 48.7 in Imo State [4] (Nigeria Aug. 2020, Table 7). Even before the COVID-19 crisis, around 4 in 10 Nigerians were living in poverty and millions more were vulnerable to falling below the poverty line, as growth was slow and was not inclusive. Nigeria's new poverty line was calculated by the National Bureau of Statistics (NBS) and the World Bank prior to the launch of the 2018/19 Nigerian Living Standards Survey (NLSS) in May 2020. GDP -. And indeed, in a . The report comes several quarters after . A total number of 12,160,178 did not do any work in the last 7 days preceding the survey. Adamawa. More than 112 million people are living in poverty in Nigeria, yet the country's richest man would have to spend $1 million a day for 42 years to exhaust his fortune. 2 About 37.2 million Americans lived in poverty in 2020, approximately 3.3 million more than in 2019. Facts about Nigeria. ActionAid Fights Poverty in Nigeria. Austria — 4 percent 8.) Oil-rich Nigeria can't seem to catch a break. Over half of the population lives below the national poverty line. This page provides - Nigeria Youth . Average lending rate in Mali is estimated at 9.12 percent while it is 4.25 percent in Botswana. urban migration rate in the country. Despite the undue proliferation of twenty new states and hundreds of local government areas in the north by northern soldiers, an act which resulted in most of Nigeria's oil resources from the south going to the north; Albania — 14.3 percent 3.) It is pertinent to state that, just as we commenced the implementation of the SDGs, Nigeria found itself in an economic recession in Mid-2016. (19/05/2020) also recorded some disruptions following a spike in NSAG attacks and clashes. This necessitated the development of Nigeria's Economic Recovery & Growth Plan (ERGP) (2017-2020), a Medium-Term Development Plan designed as one of our coping mechanisms to deal with the recession. In 2018, unemployment rate for Nigeria was 22.6 %. Belize — 41 percent According to the bureau, Lagos State has a 4.50 percent poverty headcount rate, and it has been trailed by Delta with 6.02 percent, followed by Osun State with 8.52 percent. The current total for children under the age of 5 stands at nearly 31 million while each year at least 7 million babies are born. As of 2019, an individual living in Nigeria with less than 137.4 thousand Nigerian Naira (roughly 361 U.S. dollars) per year was considered poor. Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. Also, the NBS poverty headcount rate by states shows that Sokoto, with 87.73 per cent tops the chart of poverty stricken state in the country. World Population Review reports that the population growth in Lagos in 2021 is 3.44% (14,862,111) and would increase by 0.19% percent by 2023. Sources: WDI for GDP, National Statistical Offices for national poverty rates, POVCALNET as of Feburary 2021, and Global Monitoring Database for the rest. Nigeria's sustained high population growth rate will continue for the foreseeable future because of population momentum and its high birth rate. March 2011 . The last poverty data released by the NBS was in 2010 when 60.9% of the population was living in poverty. According to NBS, on average, 4 out of 10 individuals in Nigeria has real per capita expenditures below N137,430 per year, which translates to N376.5 per day. The education deprivation in northern Nigeria is driven by various factors, including economic barriers and socio-cultural norms and practices that . Study for Poverty Profile (Africa) Final Report. Anyanwu, J.C. (1997) " Poverty in Nigeria: Concepts, Measurement and Determinants ", in Poverty Alleviation in Nigeria, Selected Papers for the Annual Conference of the Nigerian Economic . The poverty rate has dropped from 15.1% since 2010. The state also listed among the 10 states that have the highest poverty rate in the country. poverty headcount rate and poverty gap indices nigeria urban rural poverty headcount rate poverty gap index squared poverty gap index (severity) 40.09 18.04 52.10 12.85 4.47 1.68 52.10 17.42 7.78 abia 30.67 7.15 2.59 adamawa 75.41 27.64 13.21 akwa ibom 26.82 7.25 2.74 state poverty headcount rate poverty gap index squared poverty gap index . Sokoto state - 87.73% Taraba state - 87.72% Jigawa state - 87.02% Ebonyi state - 79.76% Adamawa state - 75.41% Zamfara state - 73.98% Yobe state - 72.34% Niger state - 66.11% Gombe state - 62.31% Bauchi state - 61.53% This figure represents 40.09% of the total population. Poverty rates Table 3: Poverty and inequality indicators in Nigeria in 2019 Poverty headcount rate, in percent of population in strata Poverty gap index, in percent of poverty line Gini coefficient NIGERIA 40.1 12.9 35.1 Urban 18 4.5 31.9 Rural 52.1 17.4 32.8 Source: Nigeria Living Standards Survey, 2018-19. Unemployment rate of Nigeria increased from 10.6 % in 2012 to 22.6 % in 2018 growing at an average annual rate of 16.02%. Adult literacy rate is the percentage of people ages 15 and above who can both read and write with understanding a short simple statement about their everyday life. In recent times this state has suffered attacks from Boko Haram terrorists. Japan International Cooperation Agency (JICA) Mitsubishi UFJ Research and Consulting Co. Ltd. Potential poverty jumped to 10.3 million in 2020 in response to the pandemic and is predicted to rise The considerable gains made worldwide in poverty reduction over the last 10 years have been widely recognized. Bangladesh — 31.5 percent 10.) September 17, 2020. Lagos, Nigeria's most populous state with an estimated 26 million residents in 2019, has had more confirmed Covid-19 cases by far than any of Nigeria . the states of the federation showed a maximum of 49.5 per cent recorded for Plateau (and Nassarawa which was excised from Plateau). Zamfara state. headcount of 8.7 million in 2019, with the poverty rate hovering around 4% for the last 5 years. Poverty Rates By States In Nigeria As Of 2020 by sherlock229 ( m ): 9:15am On Jul 25, 2020. Challenges faced by women and children in Nigeria. The National Bureau of Statistics (NBS) recently released the "2019 Poverty and Inequality in Nigeria" report, which highlights that 40 percent of the total population, or almost 83 million people, live below the country's poverty line of 137,430 naira ($381.75) per year. Poverty rates in the southern zones are around 12 per cent compared to about 87 percent in the northern part of the country. Report No. Adeniyi stated further: "The World Poverty Clock, a web tool based on World Data Lab's global poverty model, estimated in June 2018 that 86.9 million Nigerians are living on less than $1.90 a day. 3 Nigeria literacy rate for 2018 was 62.02%, a 10.94% increase from 2008. Belarus — 5.7 percent 11.) In addition, almost a fifth of the population is unemployed. The State with the lowest rate was Osun in the South-West with 11.7%. A bus driver in Lagos State on May 6, 2020. The National Bureau of Statistics, (NBS), said on Friday, that Nigeria's unemployment rate rose to 27.1 per cent in the second quarter of 2020. Meanwhile the percentage of people with health insurance coverage for all or part of 2019 was 92.0% and 8.0% of people, or 26.1 million, did not have health insurance at any point during 2019, according to the . Gombe The South­West was followed by the North­West (23%) zone. Sokoto 87.73%. While the national poverty headcount rate is 40.1 per cent, the rural has 52.1 per cent . also been on the increase m oving from 11.2% in 2003 to 21.1% in 2010, showing an average annual . -NGA Poverty Reduction in Nigeria in the Last Decade October 13, 2016 Poverty Global Practice Africa Region Document of the World Bank CDC also supports laboratory, surveillance, and workforce capacity in response to disease outbreaks. Since its inception in 1995, the Multiple Indicator Cluster Surveys, known as MICS, has become the largest source of statistically sound and internationally comparable data on women and children worldwide. BEVERLY HILLS, May 04, (THEWILL) - The National Poverty rate of Nigeria currently stands at 40.09 per cent, representing 82.9 million persons, the National Bureau of Statistics (NBS) has said. Unemployment data across states and regions in Nigeria show that the South­West (average: 17%) region had the lowest unemployment rate in Q2 2020. August 14, 2020. According to data, Nigeria is a `country of the young' with almost half the entire 180 million strong population, 46 per cent, currently under the age of 15. As poverty continues to rise in Nigeria, there is definitely hope for a better future. Nigeria's unemployment rate rose to 27.1% in the second quarter of 2020, the National Bureau of Statistics said on Friday. Ethiopia benchmark interest rate is currently 7 percent while Namibia's is 7.75 percent. Nairametrics learnt that the poor individuals are living in 43,258 communities in 421 local government areas and 4,347 wards located across Nigeria. Afghanistan — 35.8 percent 2.) By 1985, the national (average) poverty incidence had risen to 46.3 per cent, with the maximum of 68.9 per cent The humanitarian situation in Yobe . 2019 Poverty Rate in the United States. Note: The estimates exclude Borno state. Lagos is faced with the issues of increasing population. According to the report, 52.10% of rural dwellers are living in poverty while the poverty rate in urban centres is 18.04%. Historically, the official poverty rate in the United States had ranged from a high of 22.4 percent when it was first estimated for 1959 to a low of 11.1 percent in 1973. The Centers for Disease Control and Prevention (CDC) established an office in Nigeria in 2001. Unemployment. Strife, disease and hunger affects the residents of this state a lot. Taraba 87.72%. According to NASSCO, as of January 31, 2020, the 9.45 million Nigerians in poverty were from 2.25 million poor and vulnerable households. The poverty line is currently 137,430 naira per person per year. From an unemployment rate forecast to rise to 33.5% by 2020, to a global pandemic that could push at least 5 million people into poverty and, a near 14% inflation rate as well as an impending recession, the Nigerian future looks dire in the coming months, according to multiple data and reports from several agencies including the World Bank and . Similarly, a person having under 87.8 thousand. NATIONAL BUREAU OF STATISTICS Data Release Calendar 3 Notifications Courtesy Visits From The United Nations Childrens Fund (UNICEF) Friday, October 8, 2021 Courtesy Visit From International Monetary Fund (IMF) Nigeria Wednesday, September 29, 2021 President Buhari Appoints Dr. Simon Harry as SG of the Federation Thursday, August 26, 2021 The official poverty rate in 2020 was 11.4%, up 1.0 percentage point from 2019. Algeria — 23 percent 4.) Introduction This is an increase from the 23.1 per cent . Nigeria literacy rate for 2008 was 51.08%, a 19.12% decline from 2006. Since its initial rapid decline after 1964 with the launch of major War on Poverty programs, the poverty rate has fluctuated between around 11 and 15 percent. As fragile poor states tend to have higher fertility rates . Federal Republic of Nigeria . Although Nigeria's poverty profile for 2021 has not yet been released, it is estimated that. Poverty in a Time of Corona With the global drop in crude oil prices President Muhammadu Buhari who also doubles as the senior Minister of Petroleum Resources has approved the reduction of pump price for Nigerians from $0 . Pre-existing structural constraints and deficiencies Yobe is one of the poorest states in Nigeria, with a poverty rate of 72.3 per cent - being the seventh highest in the country (National Bureau of Statistics (NBS))1.

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