Nigeria’s Poverty Reduced By Seven Per Cent – World Bank - Politics

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Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by iwaeda: 8:36am On Jan 20

The World Bank has estimated that improved access to internet coverage over three years led to a seven per cent reduction in extreme poverty in Nigeria and Tanzania.

This was disclosed in a new brief titled, “Digital transformation drives development in Africa,” noting that the exposure has also led to an increase of 8 per cent in labour force participation and wage employment.

The World Bank said, “In 2023, a World Bank flagship report found that in Nigeria and Tanzania, extreme poverty declined by about seven per cent after three or more years of exposure to internet coverage, while labour force participation and wage employment increased by up to eight per cent.”

In the brief, World Bank Chief Economist for Africa, Andrew Dabalen, was quoted as saying, “The minimal usage of mobile internet is a lost opportunity for inclusive growth in Africa. Closing the uptake gap would increase the continent’s potential to create jobs for its growing population and boost economic recovery in a highly digitalised world.”

The brief further highlights that over the past five years (2016-2021), sub-Saharan Africa experienced an extraordinary 115 per cent increase in internet users, a change that has been instrumental in spurring economic growth, fostering innovation, and creating job opportunities.

The brief adds, “The region’s digital infrastructure coverage, access, and quality still lag other regions. At the end of 2021, while 84 per cent of people in SSA lived in areas where 3G service was available, and 63 per cent had access to 4G mobile coverage, only 22 per cent were using mobile internet services.

“The gap between coverage and usage is similarly large for broadband, with 61 per cent of people in sub-Saharan Africa living within the broadband range but not using it.”

The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, recently noted that the cost of data in Nigeria was still one of the cheapest in the world, but lamented that many operators are not willing to lay fibre in many parts of the countries outside the major cities because it would be unprofitable.

https://punchng.com/nigerias-poverty-reduced-by-seven-per-cent-world-bank/

8 Likes 3 Shares

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Righthussle: 8:51am On Jan 20

Tinubu is capable of solving the problems of this country.

28 Likes 8 Shares

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Ekpeitut: 8:52am On Jan 20

7 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by matify83: 8:56am On Jan 20

We are on ground and not feeling the 7% reduction in extreme poverty o!

Infact, even those that are a bit comfortable have ran away from the country before they end up in extreme poverty.

"Na statistics we go chop" ?

128 Likes 11 Shares

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by nothingspoil70: 9:00am On Jan 20

The way Obidients go attack this man hen?

17 Likes 3 Shares

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by iwaeda: 9:09am On Jan 20

Nlfpmod, good news. grin

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Malroux: 9:13am On Jan 20

Or it increased by 100%? APC can't use propaganda to deceive sane Nigerians.

106 Likes 9 Shares

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by bigwig071(m): 9:16am On Jan 20

World Bank don go kolet money ooo

17 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Ozommadu: 9:18am On Jan 20

Righthussle:
Tinubu is capable of solving the problems of this country.

Tilumbu praise singers on the beat

You guys never disappoint grin

76 Likes 6 Shares

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Ozommadu: 9:20am On Jan 20

nothingspoil70:
The way Obidients go attack this man hen?

I didn't see any obedients attack him...na you first attack obedients.

Guilty conscience

97 Likes 6 Shares

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Coolhaywhy(m): 9:38am On Jan 20

How na

Nothing has changed here ooo.

6 Likes 2 Shares

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Karrima: 9:38am On Jan 20

For una dream

6 Likes 1 Share

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Ceenachi: 9:39am On Jan 20

Increased orr reduced shocked

6 Likes 1 Share

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Oizee(f): 9:39am On Jan 20

I didn't see or even feel it small

3 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by 1Alex: 9:39am On Jan 20

Top Japa destinations for other Africans.

I come dey wonder if Nigeria dey two.

1 Like

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by BigDawsNet: 9:39am On Jan 20

[Weekend Motivation] Just because you were born in poverty, it doesn't mean that you'll be poor forever.

I was born in a hospital, yet I'm not a doctor.

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Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by phemmie06(m): 9:39am On Jan 20

Which reduction?
Is it technically or practically?

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Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Kukutente23: 9:40am On Jan 20

The report is correct
Skit making and online content has reduced unemployment and poverty among our youths
It's become a veritable source of income and oniline/remote job opportunity
We all know the party that gave us Internet and the party that banned Internet
So we know who to give the flowers and who to give the L

9 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Brendaniel: 9:40am On Jan 20

The propaganda in Tinubu's government is terrible, On paper Nigeria has the lowest unemployment rate in the world according to NBS, has the largest stock market growth in the world and now this, but in reality....

12 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by MrEverest(m): 9:41am On Jan 20

Lol, Tinubu has resorted to full blown propaganda instead of focusing on good governance. This same Nigeria where millions have sunk deeper into multidimensional poverty since subsidy removal or another Nigeria?

Even a child knows that millions of Nigerians became poorer while only yahoo guys got richer due to weak naira.

14 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by unavailablecity: 9:41am On Jan 20

We know them children of hate are coming to attack this. awon oluyaa.

1 Like

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Juniorangel(m): 9:41am On Jan 20

7%? what is that one going to do

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Bobloco: 9:41am On Jan 20

Tinubu/APC propaganda has gone global.

The World Bank is now buying into it.

3 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by phemmie06(m): 9:41am On Jan 20

With the looting going on under his watch

Righthussle:
Tinubu is capable of solving the problems of this country.

2 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by casualobserver: 9:41am On Jan 20

matify83:
We are on ground and not feeling the 7% reduction in extreme poverty o!

Infact, even those that are a bit comfortable have ran away from the country before they end up in extreme poverty.

"Na statistics we go chop" ?

That’s why sometimes you should discount these people when they come with their figures.

4 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Georgry(m): 9:42am On Jan 20

matify83:
We are on ground and not feeling the 7% reduction in extreme poverty o!

Infact, even those that are a bit comfortable have ran away from the country before they end up in extreme poverty.

"Na statistics we go chop" ?

You're so poor, and you have chosen not to try to improve your life because you're very lazy and your pastor told you that your family people is your problem, so you have to always blame your village people and Tinubu for all your problems.

The Internet has created so many jobs in Nigeria and you should know that those 7 percent that left you in poverty to better their lives are laughing you right now.

For any avoidance of doubt, the Internet has created a lot of jobs for a lot of people but it has nothing to do with the government, so no government can take credit for that.

I will advise you to look for a way to make money with your data, you can just open a tiktok account and start saying nonsense, if luck shines on you then you Don blow be that, most social media sites will pay you, you start influencing products and brands starts paying you, heck, X (formally twitter) now pays just for sitting in your house and posting, I know it's not easy but this people are one of the 7 percent people that left you in this poverty, others include the so called yahoo boys, bloggers, freelancers, forex traders, crypto traders, content creators and so much more, but here you are in your house discrediting the accuracy of a world bank statistics, go work on your life bro, no be everything be politics.

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Namkbank: 9:42am On Jan 20

Lies lies lies lies

5 Likes

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by NinjaMetahuman: 9:43am On Jan 20

matify83:
We are on ground and not feeling the 7% reduction in extreme poverty o!

Infact, even those that are a bit comfortable have ran away from the country before they end up in extreme poverty.

"Na statistics we go chop" ?

but you feel the poverty abi?

A poor person no dey type nonsense on the Internet.

I'm sure you would have collect drum and call pasuma now to celebrate, if world bank had said that poverty increased by 7%

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by Meagainstthem: 9:43am On Jan 20

Good development

Re: Nigeria’s Poverty Reduced By Seven Per Cent – World Bank by RepoMan007: 9:44am On Jan 20

I hope it reflects in reality.

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