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75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank - Politics (5) - Nairaland

Nairaland ForumNairaland GeneralPolitics75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank (10305 Views)

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Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Jughead29: 8:51am On May 05, 2025
Anyone earnings less than 10$ per day) N450k monthly is actually enduring severe hardship.

How much is minimum wage 70k = 46$ per month (1.5$ per day) JESSSUSSS

God Heeeeelllllllpppp ooooooo
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Chief2410: 8:51am On May 05, 2025
RepoMan007:
The governors are. Even if tinubu prints N100,000 billion, what are the governors doing with their own share? Thats the main issue.
They do funny project's and pay phony workers. How will there be value to back the money FG is sharing? The governors are useless.
who removed fuel subsidy?who floated naira?who is in charge of security?who sets minimum wage?answer these questions honestly and see what I'm saying.The governors hands are tied to a large extent.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by OctavianAC(m): 8:53am On May 05, 2025
Not just in the rural areas but including high percentage in the cities.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Rossikk(m): 8:54am On May 05, 2025
chidi2003:
Why are we deceiving ourselves in Nigeria with so much lies? Is this how Nigeria is going to be prosperous? Why would a sensible Nigerian defend bad governance: what should we call it: an act of villainy, or patriotism?
Stop dwelling in lies and fakery.

That report is over 12 years old and has nothing to do with Tinubu.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by tnerro1(m): 8:55am On May 05, 2025
Agbado economic policy is working, una never c something
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Rossikk(m): 8:58am On May 05, 2025
Chief2410:
who removed fuel subsidy?who floated naira?who is in charge of security?who sets minimum wage?answer these questions honestly and see what I'm saying.The governors hands are tied to a large extent.
But Peter Obi, Atiku, Sowore etc all promised to end fuel subsidies.

The Naira float was necessary. The dual exchange rate led to arbitrage and zero productivity, and discouraged investment.

If Nigerians can bear with Tinubu for the next year or two, they will see a big recovery and economic boom.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Ebuka78: 9:03am On May 05, 2025
Just because you are benefiting from this administration doesn't mean you shouldn't speak out. Remember, people are suffering and if you refuse to talk or say something about wicked act of this administration and the poverty line it has created, you might fall. Don't wait until you fall before speaking out, but speak out when you see it coming.

This is the problem we have in this country. People are being paid to comment good about this administration whereas the administration is bad and evil. Such people like this are also contributing to the poverty line in this country.

I hope people will come together in unity and protest against this government because this is not the Nigeria we all wished for.

Politicians are selfish, and only cares for the benefit of their stomach and that of their families while using citizens as slaves.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Chief2410: 9:10am On May 05, 2025
You are not been sincere,the manner with which he removed it was terrible.GEJ wanted to remove it gradually so the people don't get to feel the impact too much but he(tinubu) personally went against it. Perhaps if Jonathan was allowed to do it his way then,we would not have been in this mess. Tinubu might be the best politician but he is not a good leader.
Rossikk:
But Peter Obi, Atiku, Sowore etc all promised to end fuel subsidies.

The Naira float was necessary. The dual exchange rate led to arbitrage and zero productivity, and discouraged investment.

If Nigerians can bear with Tinubu for the next year or two, they will see a big recovery and economic boom.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Agbegbaorogboye: 9:19am On May 05, 2025
2mch:
World Bank, how come you never report on Western Countries. Ever!
How is Western countries your problem?
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Rossikk(m): 9:21am On May 05, 2025
Chief2410:
You are not been sincere,the manner with which he removed it was terrible.GEJ wanted to remove it gradually so the people don't get to feel the impact too much but he(tinubu) personally went against it. Perhaps if Jonathan was allowed to do it his way then,we would not have been in this mess. Tinubu might be the best politician but he is not a good leader.
Oga, forget Jonathan era of 100 years ago. Nigeria was swimming in money, so could afford subsidies, hence Tinubu’s opposition to its removal then.

It was totally different when Tinubu came to power in 2023. In fact there was no money or allocation for fuel subsidies by Buhari in the budget, because Buhari said he borrowed $10 billion for subsidies in 2022.

So for Tinubu to continue with subsidies, he would have had to borrow $10 billion as soon he got to office.

He said NO.

I believe he still paid around $3 billion for a little subsidy to make it less harsh, but the reality is that the country cannot afford to borrow $10 billion a year for fuel subsidies. It would bankrupt the country.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Bigboy2024: 9:26am On May 05, 2025
Thanks to World Bank advice.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Indispensable85(m): 9:29am On May 05, 2025
It's actually around 98%
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by tunary(m): 9:31am On May 05, 2025
Tinubu will also justify this one
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Chief2410: 9:35am On May 05, 2025
Rossikk:
Oga, forget Jonathan era of 100 years ago. Nigeria was swimming in money, so could afford subsidies, hence Tinubu’s opposition to its removal then.

It was totally different when Tinubu came to power in 2023. In fact there was no money or allocation for fuel subsidies by Buhari in the budget, because Buhari said he borrowed $10 billion for subsidies in 2022.

So for Tinubu to continue with subsidies, he would have had to borrow $10 billion as soon he got to office.

He said NO.

I believe he still paid around $3 billion for a little subsidy to make it less harsh, but the reality is that the country cannot afford to borrow $10 billion a year for fuel subsidies. It would bankrupt the country.
The truth still remains that tinubu's policies are not in the interest of the common man.Even a child in the womb knows this
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by omojeesu(m): 9:39am On May 05, 2025
Crocodile's tears
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by anyilalaz: 9:40am On May 05, 2025
Oya Bayo Onanuga, food don don. World Bank speaks like Peter Obi.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Stayingalive: 10:00am On May 05, 2025
owobokiri:
Is there anything left?
Is it not time yet to chase out these bunch of clueless political bimbos that have done nothing since 2015 other than to ruin our lives beyond beleive?
I repeat; is there any evil left for these inhuman rulers to unleash on hapless Nigerians?
They are busy fighting one Ibrahim Traore
There are alot o. Watch and see
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by surgical: 10:08am On May 05, 2025
givedemwotowoto:
Someone once said that APC was intentionally making people poor so they can weaponize poverty against the people, but it didn’t make sense from a rational perspective at first, but seeing how low APC leaders have gone with tribal bigotry and propaganda, I absolutely agree! These people are terrible!
Did you not also noticed seyi Tinubu and remi first lady going about the country giving peanuts, as palliatives and empowerment for the 0.0001% of the people they improvished hoping to gain support for their supposed messiah deed
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by medolab90(m): 10:18am On May 05, 2025
ursullalinda:
The number of pple begging for money now is alarming and the future looks bleak...Dear God pls show face here...Nigeria is sinking.
This Ehnn!!


To even think many of those have a job or something they are doing but the money is not always enough before the next paycheck.

Inflation has made peoples’ earning worthless .
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Mcslize: 10:21am On May 05, 2025
Bosman17:
The report was taken in isolation… has Tinubu’s policies made Nigerians poorer? Certainly!!! But we must consider where we were coming from… and also pressure the governors to do more with their allocations
They are currently planning on increasing electricity tariff.

That's after all the different poor policies that have rendered the masses incapacitated.

I call on people like ednut1 to condemn things like these but you will never see them alter a word.

But if it is to dissuade and paint sorry stories about diaspora, you will see them jump on every thread trying to fight japarians cuz according to him he doesn't want Nigerians to come to Canada to mess the place up.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Riskymarvelous(m): 10:38am On May 05, 2025
The time we need helinus and yarimodiot most
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Niok: 10:52am On May 05, 2025
muyico:
Fake update
free urself from the shackles of mumuism
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by OKEIYIOKODU: 11:18am On May 05, 2025
[quote author=Kelklein post=135240837]Fake update ,now that this government is giving every citizen bag
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by OKEIYIOKODU: 11:31am On May 05, 2025
[quote author=Kelklein post=135240837]Fake update ,now that this government is giving every citizen a bag of rice,agbado and cassava for 40000 naira,giving students loans that are been looted
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by OKEIYIOKODU: 11:31am On May 05, 2025
[quote author=Kelklein post=135240837]Fake update ,now that this government is giving every citizen a bag of rice,agbado and cassava for 40000 naira,giving students loans that are been looted by the givers.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Uche559(m): 12:09pm On May 05, 2025
Wait for d media aides response
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Reference(m): 2:33pm On May 05, 2025
A country with a 75 percent poverty rate is building a 15 trillion naira highway, the highest single capital project ever executed in the history of this country.

This act alone abundantly shows how those in power think and act. This is how they think economies are built and citizens are prospered. This shows how urgent they consider the plight of the people they govern. This is how they 'invest' scarce income.

15 trillion to a single company employing perhaps no more than a couple thousands of people.

Which investment banker of sound repute does that, which wealth guru and ace motivator will recommend that.....which father of a poverty striken household will do that to his family.
Re: 75.5% Of Rural Nigerians Now Live Below Poverty Line — World Bank by Chegesnd: 4:35pm On May 05, 2025
Óya! Óga Boyo Ononogo reply them.

Agbadorians have left the chat group since, because it didn't mention Natasha Akpoti.

Imagine, this is the same Bretton Wood institution that has being advising Tinubu to tax, tax and tax the citizens.

Boyo Ononogo likened Adeshina of AfDB to Peter Obi, maybe he'll dismiss World Bank as not different from Savannah Bank.
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