The World Bank has said that Nigeria will be one of 10 countries that, in the year 2030, will remain as the main contributors to global poverty.

It said that the scenario requires that in Nigeria, currently contributing heavily to global poverty numbers, growth rates need to rise, but not to a degree that is entirely unimaginable.

It stated that in Nigeria, the growth rate needs to pick up from 2.3 to 3.2 per cent growth in real term. According to the report Nigeria will contribute another 61.5 million poor people to the global total.

According to the World Bank, much more work needs to be done to end poverty and close the gap in living standards between those in the bottom 40 per cent and the top 60 per cent of the population around the world.

The report details, for the first time, the World Bank Group’s twin goals of ending extreme poverty by 2030 and promoting shared prosperity, measured as income growth of the bottom 40 per cent. GMR 2014/2015 continues to monitor progress on the Millennium Development Goals, which inspired the WBG twin goals. “The world has made great progress in the last quarter-century in reducing extreme poverty – it was cut by a stunning two-thirds, and now we have the opportunity to end poverty in less than a generation,” said World Bank Group President, Jim Yong Kim.

“But we will not finish the job unless we find ways to reduce inequality, which stubbornly persists all over the world. This vision of a more equal world means we must find ways to spread wealth to the billions who have almost nothing.”

The report notes that much success has been achieved in reducing extreme poverty – those living on less than a $1.25 a day.

However, the number of poor remains unacceptably high, at just over 1 billion people (14 per cent of the world population) in 2011, compared with 1.2 billion (19 per cent of the world population) in 2008.

Forecasts in the report show that poverty will remain stubbornly high in the South Asia and Sub-Saharan Africa regions, where an estimated 377 million of the world’s 412 million poor will likely reside in 2030.”
- See more at: http://www.vanguardngr.com/2014/10/nigeria-ll-among-10-countries-contributing-global-poverty-2030-world-bank/#sthash.fZ63CzdV.dpuf

With the right government this will not happen or at least poverty would be greatly reduced not just on paper.

Idrismusty97:
With the right government this will not happen.

Yeah, with the right government. But then, can we get a right government before things fell apart completely?

They still have not learnt that Nigeria does not follow any of these their scientific predictions and forecasts!!!

Our ways are not your ways...

God is Nigerian so we move in Mysterious ways!!!

Boyoorisha:


Yeah, with the right government. But then, can we get a right government before things fell apart completely?

Yes we can! 2030 is just 15 years away and we all know the government that have rule us for exactly 15 years and poverty is still rampant.

Idrismusty97:
Yes we can! 2030 is just 15 years away and we all know the government that have rule us for exactly 15 years and poverty is still rampant.

Exactly my fear. This party is not ready to loose its grip on Nigeria any time soon. As you may well be aware, votes don't count!

hmm jic

Nigerian leaders don't want Nigerians to break free from poverty. How else will they use "stomach infrastructure" to win elections?

Idrismusty97:
With the right government this will not happen or at least poverty would be greatly reduced not just on paper.

unfortunately, I feared we will still have to stick with this slowpoke of a man!

Thieves

Is it with all the 'Oye' in Nigeria?.

BTW,what will become of North by then?

Boyoorisha:


can we get a right government before things fell apart completely?

We certainly can get it. as a matter of fact we have a great opportunity in d coming 2015 elections. let all nigerians become sophisticated in their political choices. dont vote based on party, religious or ethnic sentiment. identify and vote 4 candidates with:
1)genuine will to perform and change d lot of nigerians
2)creativity and experience to make positive changes
3)anti-corruption tendencies
4)ability to apply deterrent at all levels
5)ability to utilize good advisers
7)strong sense of accountability
strong sense of discipline

when you find such, dont wait to get anything from then, go all out and promote their candidacy.

GEJ should remind them that he said half of all poverty has been wiped out by him

Since a whole c-in-c said so, it must be so and (as they say) it must be APC that bribed the world bank to lie against him

Gej till poverty is 99%

Rubbish lying government

Useless Figures Everytime, Mtchewww

Idrismusty97:
With the right government this will not happen or at least poverty would be greatly reduced not just on paper.

Absolutely. To me, the solution to our numerous problems, from insecurity to poverty, is three pronged:

#Control corruption to its barest minimum.
#Provide adequate electricity.
#Enhance transportation.

With these, most other stuffs are likely to fall in place naturally.

WHO still know say some of us Nigerians no chop belle full oo. Well, nice imagination

NON SENSE
LIES
POOR INFERENCE FROM POOR STATISTICS
WORLD BANK MY FOOT