New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% (1833 Views)
No Reliable Statistics On Nigeria's Poverty Rate- World Bank / Sanusi Predicts Increase In Nigeria’s Poverty Level / Nigeria: Poverty Is A Northerner (2) (3) (4)
| New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Sheriffc(m): 3:37pm On Nov 16, 2014 |
The Oxford Poverty and Human Development Initiative (OPHI) 2014 report has put the percentage of Nigerians living in poverty at 43.3 per cent. According to the multidimensional poverty index (MPI) 2014 Nigeria Country Briefing, released on its website, 19.3 per cent of the population remained vulnerable to poverty while 25.3 per cent of Nigerians live in severe poverty. The OPHI is an economic research centre within the Oxford Department of International Development at the University of Oxford. Established in 2007, the centre is led by Sabina Alkire. OPHI aims to build and advance a more systematic methodological and economic framework for reducing multi-dimensional poverty, grounded in people’s experiences and values The report added that 26.6 per cent of the population are destitute while inequality remained high at 0.287 among the MPI poor. It said 68.0 per cent and 84.5 per cent of the Nigerian population lived below $1.25 per day and $2 per day respectively in 2010. The report further stated that the rural areas had the largest number of poor people at 57.5 per cent while 16.1 per cent resided in urban areas. Kebbi State was adjudged as having the largest number of poor people accounting for 89.3 per cent, followed by Zamfara, which accounted for 88 per cent of the poverty numbers, as well as Sokoto and Yobe States, which accounted for 86 per cent and 85.1 per cent respectively. However, Lagos State accounted for only 2.6 per cent of Nigerians living in poverty Meanwhile, former Minister of National Planning Commission (NPC), Dr. Shamsuddeen Usman, while making reference to the new Oxford poverty index, noted that several poverty alleviation initiatives of government had failed partly because they were mere palliative measures which do not equip the supposed beneficiaries with relevant training and tools to get them out of poverty Delivering a keynote address in Abuja at the 25th anniversary lecture/ book presentation of the Nigeria Deposit Insurance Corporation (NDIC), Usman said financial exclusion represented a major cause of poverty in the country. FULL STORY ON THISDAY http://www.thisdaylive.com/articles/new-oxford-report-puts-nigeria-s-poverty-rate-at------/194168 |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Liamm(m): 3:41pm On Nov 16, 2014 |
FTC |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by sammieguze(m): 3:51pm On Nov 16, 2014 |
I thought the clueless one said poverty has reduced. Well... Hopefully, all will be well soon......after the election of course |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Randerl: 3:56pm On Nov 16, 2014 |
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| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by phlemzy: 4:08pm On Nov 16, 2014 |
Poverty on the high side, and GDP is best in africa. I really wonder what yardsticks are used to arrive at the gdp value. The reason BH keeps getting cheap recruits is not far-fetched going by the statistics in the above report. The poverty rate in northern Nigeria will inevitably deepen if the reoccurring violence is not brought under control anytime soon. 1 Like |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Nobody: 4:22pm On Nov 16, 2014 |
sammieguze: You're a brain-dead DUNCE. What is 43% if not a reduction in poverty from a few years ago when that percentage was in the 70s and 80s? Thoughtless illiterate. 9 Likes |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by pendy79: 4:32pm On Nov 16, 2014 |
We don't even know who to believe again in Nigeria. Our Harvard trained professor said the economy is on.track few weeks ago only to turn coat few days later to say Nigerians should manage. The poverty level is even greater than 43% more than 60% if reports and detailed survey is taken into cognizance. The figure will go higher in the next few months with states struggking to pay salaries and meet their contractual obligations. A friend called from 9ja saying he has not received pay in 5 months running now despite being in the so called private sector, an insurance firm. The economic index is bad and the future bleak for any thinking Nigerian, the PDP has been a curse and a clog in our wheel of development. Imagine despite a huge crude oil pricing for 4years, increase in pump price of petrol and end of militancy in the Niger delta yet our foreign reserve keep going down and the military I ss complsining of low budget. Where exactly is the monies  ?? Anyone to help ask.2 Likes |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by taharqa: 5:28pm On Nov 16, 2014 |
pendy79:MUMUdum, d poverty rate was more than 67% about 3 yrs ago, and now (43.3%) according to this report. That na reduction, no bi increase, Ignoramus... 7 Likes 1 Share |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by jmaine: 5:36pm On Nov 16, 2014 |
pendy79: Tell us why you earnestly pray and desire things get worse in country simply because you don't like the man in power ? 5 Likes |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Nobody: 5:40pm On Nov 16, 2014 |
phlemzy:Economy Managers in Africa are busy cooking figures and statistics, manipulating the economic indices and supporting it by hiring sycophants who claims economic heavyweights just to have their way and deceive the masses. The so-called economic "Growth" in most subsaharan countries like Nigeria and Ghana are pure economic scam 4 Likes |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by JOETYNO: 5:42pm On Nov 16, 2014 |
We'll soon get out of all these poverty bla bla. God help Nigeria |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by KHAYGOLD(m): 5:44pm On Nov 16, 2014 |
Though I don't have money, I am not poor. |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Nobody: 5:46pm On Nov 16, 2014 |
sammieguze: U dey craze dere was a drastic reduction from 80% few yrs back to d present %ntage and u still get mouth to criticize GEJ. 1 Like |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by pendy79: 5:49pm On Nov 16, 2014 |
taharqa: Mr idiot, I thought you will never recover from the reply I gave you the last time you quoted me in your mention. Do you have eye problem joined with all the malaise bedeviling you? Was the report carried out in a rural or urban setting to get the realistic poverty rate in the country? Didn't the minister contradict herself many times on the performance of the economy? Go online to the site of the ministry of finance and see if the figure of 43.3% quoted here is same as what is listed there. You think I'm a nincompoop like you who have deficiency of vital medulla functionalities to read and comprehend that most foreign report on poverty rates are done in the urban areas meanwhile the situation are worse in the rural and not to quick assesible areas of the economy where abject poverty thrives. You're so daft and need urgent test of your personality to always assume you can throw insults around not knowing it makes you smack of inferiority complex . Idiotic and psychotic sociopath. You better go seek help before you end up naked on the streets . slowpoke. |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by pendy79: 5:55pm On Nov 16, 2014 |
jmaine: I don't hate the man In power, I hate the performance of the economy with him in power. We have had windfall in crude oil prices for over 4years yet there is no commensurate infrastructure nor is our foreign reserves up in the sky nor are all social services/civil servants feeling the wave of good tidings. I have nothing personal against him I just hate the fact the economy and the state of the nation is in comatose with all sectors of the economy down 2 Likes |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by jmaine: 6:12pm On Nov 16, 2014 |
pendy79: Is this why you are desperate to celebrate news that borders on negativity , while choosing the route of dismissing a fact based article that shows something positive is happening with respect to the peoples welfare. 5 Likes |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by major466(m): 6:34pm On Nov 16, 2014 |
sammieguze:Why don't you check previous datas on poverty rate four years ago and compare. Statistics will show whether poverty is on the increase or decreasing. |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by kmariko: 6:42pm On Nov 16, 2014 |
The european african poverty pornograghic purveyors at it. Not to discount the basis of the research as something can always be learned from such studies, the report failed to give details of the indices used to gauge the meaning and level of poverty within each of the multidimensional cultural settings that is Nigeria. An anecdotal glance sees the northern part of the country bearing most of the "brunt" which makes the case of culture very relevant as regards poverty indices. 1 Like |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by major466(m): 7:15pm On Nov 16, 2014 |
pendy79:You are wrong to insinuate that the economy is in poor shape. What Nigeria is experiencing at the moment is a short fall in revenue coming in from oil as a result of declining international oil price. The country has enough foreign reserve to last for a much as possible until the situation stabilizes. Besides, the falling oil price didn't surprise our economist. It was actually anticipated as far back as 2012, that as soon as oil prices peak at $140 - $160 per barrel, prices will drop astronomically to about $80 - $70 per barrel in no distant future. That was when the idea of SUREP came on board. The idea of SUREP is to help plan and utilize the surplus monies coming in from oil into provision and development of strategic infrastructural facilities across the country. There's nothing to panic about because Nigeria saw it coming and machineries have been arranged and put in place to soft pedal the economy from the International shock. On the other hand, declining oil prices is a good omen to Nigeria because it will force the administration to redouble their efforts in the drive towards a vibrant diversified economy. An economy base on oil is not an economy at all. A country dependent on oil will be at the mercy of the international community because it can be used as a political tool by developed countries. It happened in the late 70s and the early 80s when oil prices nosedive so low that it almost led to the collapse of OPEC no thanks to the developed countries hoarding oil products. Nigeria should use this opportunity to develop the Agric, Service and the Manufacturing sector and gradually take Nigeria far away from oil. Luckily for us, This administration is already doing just that. 1 Like |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by ISpiksDaTroof: 8:37pm On Nov 16, 2014 |
major466:This doesn't even make sense. 1 Like |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Amanwulu1(m): 8:49pm On Nov 16, 2014 |
Liamm:but d ppl after u have commented yet u haven't commented. How den did u type FTC? |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Amanwulu1(m): 8:56pm On Nov 16, 2014 |
pendy79:pdp represent all kinds of evil to u. Well pdp remains d ruling party 4 unforeseeable future and unfortunately to u pdp govmnt cannot benefit u. So bro keep up wit ur struggle. |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by 2cato: 9:00pm On Nov 16, 2014 |
ISpiksDaTroof: |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Amanwulu1(m): 9:06pm On Nov 16, 2014 |
Mumus are alwaz wishing nigeria evil thinking nigeria is all about GEJ. He'll go after 2019 and nigeria will still remain. 1 Like |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by sammieguze(m): 10:33pm On Nov 16, 2014 |
You are indeed gullible if you believe any of those statistics you are seeing. You are in Nigeria and you base your judgement on what somebody in oxford cooks for you Ain't you a nigerian? And what has changed from that four years you claim and now? With inflation on the increase? And oh.... U believe Nigeria was ever having a poverty index of 80%!!! Na wha for una o.....dhurrrr anyway.... That's my opinion. If u av a contrary one, pls this is a forum nd feel free to state it rather than losing your decorum and resorting to foul abusive languages in order to prove ur point. I believe u are at lease 18. Thank you ROSSIKE: major466: ROSSIKE: |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Ngwakwe: 6:41am On Nov 17, 2014 |
This report is even exaggerating the extreme poverty rate in the rural areas where subsistence Agriculture keeps lives afloat. Nigeria under GEJ is now a relative middle-class country and if you are in doubt look around you. |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Unemadu: 7:08am On Nov 17, 2014 |
This simply means that urbanization is the quickest way to reduce poverty. Also states should be given more free hand and resources to manage their Economy. |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by major466(m): 8:27am On Nov 17, 2014 |
sammieguze:It's your choice to believe what you want to believe. |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Nobody: 10:14am On Nov 17, 2014 |
I don't believe this report. |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Nobody: 10:32am On Nov 17, 2014 |
taharqa:Was 67% from the same Oxford? Do you have a link to back it up |
| Re: New Oxford Report Puts Nigeria’s Poverty Rate At 43.3% by Sheriffc(m): 10:35pm On Nov 17, 2014 |
I bet majority of commenters on this thread didn't even read the report. SMH |
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