Nigeria’s is estimated to have about 180 million people while about 45 percent of the Nigerian population currently live below the poverty line, or the income level needed to make a bare-essentials living in Nigeria. This figure depends on a number of factors, Below poverty income is currently calculated to be an annual income of N200,000 for a family of four.
The social economic classes defines how far the economy is growing and how pronounced the poverty rate in Nigeria is. Below is a statistical survey.


The Lower Class

This is primarily comprised of lower-level citizens, white-collar workers. These workers are typically not educated, and lack the graduate degrees needed to advance to higher levels of employment, or have a degree but remain unemployed but manage to put food on its table. Income for these workers generally falls between N160,500 and N200,000. 45% Nigerians are in this category
This category is trapped in the poverty rate of 45%

The Middle Class


They typically have post-graduate degrees and work at high-level, white-collar positions. They are mostly civil servant, traders and vocational professional: Household income for these workers is often above N1m naira annually. According to statistics, we have 15% Nigerians in this category


The Upper-Middle Class

This professional class workers, earn enough to be in the top one-third of Nigeria’s incomes.
They earn above N4m naira annually, Nigeria have 15% of this category


The Upper Class

This income level is what is commonly called the “High Class,” or the 4 percentage of Nigerians who make more than N8m naira annually. we have about 4% in this category.

At the top of his economic ladder is the so-called “1 percent,” or households that earn more than $15m annually.
This category is mainly occupied by Politician and Business Moguls

Minimum wages in Nigeria is N18,000. This social economic Class estimate was based on Nigeria’s N4.69Tn naira National budget for 2014, it is imperative that the management of national wealth and the reduction of poverty are the key questions of political economy all over the world today, Nigeria have to do more to bring its people out of poverty rate.

by Michael Adebola Adeniyi
@9jaclicktivist

k

Nice statistics @Op.... But there is a level before the Lower class and that level is "The working-Lower class" They are rated lower than the Lower class and are regarded as those who live below the poverty line.........

benedictnsi:
Nice statistics @Op.... But there is a level before the Lower class and that level is "The working-Lower class" They are rated lower than the Lower class and are regarded as those who live below the poverty line.........

Noted sir!

Methinks if people can control the timing and number of children they have, poverty would be drastically reduced.

9jaclicktivist:
Noted sir!

We are all learning..... The "SIR", is Needless Bro

How do categorise the remaining 20%?

AN EVALUATION OF STRATEGIES FOR MINIMIZING POVERTY IN NIGERIA.
http://www.bravoprojecthelp.com/public-administration/an-evaluation-of-strategies-for-minimizing-poverty-in-nigeria/

philfrey08:
How do categorise the remaining 20%?

They have got to be those below the poverty line.

Can we be truthful to our selfs for once

45% if Nigerians earns 200k a year ?
That's almost 1 in every two Nigerian

I have been to the north ,grew up in the south south , I'm from the eat and I schooled in the east
The only part I haven't been to is the west

But to say 1 into households in Nigeria earn 18k a month is a blatant lie ....even a house full of beggars make more than this


All this foreign NGOs just dish out this figure in other to get money from organizations and we believe such rubbish

How much does a farm worker earn per day , bus conductor , Brick layer

Don't come here and say minimum wage is 18k because no civil sarvant warns 18k

That's for level 1 step 1 which even with weac you will be far above


Enough of all this stupid statistics

Our unemployment level is less than 20% so let's talk with facts please