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Poverty On The Rise In Nigeria Says Government. by damilola15: 2:14pm On Feb 13, 2012

The Nigerian government says poverty continues to rise in the country despite overall economic growth in the past few years.

The National Bureau of Statistics says 61 percent of Nigerians were living on less than $1 per day in 2010, compared to about 51 percent in 2004.

It says the percentage of Nigerians living in what it called “absolute poverty” also stood at 61 percent in 2010, up from 55 percent six years earlier.

The highest rates of poverty were measured in Nigeria's northwest and northeast. The report also noted rising income inequality in Nigeria.

Speaking to reporters in Abuja, bureau chief Yemi Kale said the trends and income inequality may have increased further in 2011.

Nigeria is Africa's largest oil producer, pumping more than two-million barrels per day, but is plagued by corruption and lack of development.

The government battled militants in the oil-producing south for several years and is currently struggling to contain a wave of violence in the north. The government blames the violence on the radical Muslim sect Boko Haram
Re: Poverty On The Rise In Nigeria Says Government. by jamace(m): 6:39pm On Feb 13, 2012
Why won't poverty rise when the whole national budget is to satisfy the appetite of the leaders? In fact, I doubt the statistics. I can say that over 75% of Nigerians are living from hand to mouth.
Re: Poverty On The Rise In Nigeria Says Government. by jason123: 6:41pm On Feb 13, 2012
Obviously! After increasing the price of goods and services all over Nigeria by over 150% in just one night, you expect poverty not to be on the rise? Please, these people should stop stating the obvious!

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