₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,331,018 members, 8,448,248 topics. Date: Monday, 20 July 2026 at 04:54 AM

Toggle theme

Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsEvery Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows (308 Views)

1 Reply (Go Down)

Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by treesun(op): 9:17am On Oct 12, 2025
Nigeria’s poverty crisis has deepened alarmingly under Bola Tinubu’s administration, with a new report showing that every minute, 11 Nigerians slip into extreme poverty.
The disturbing figures, released by StatiSense on Friday using World Bank and National Bureau of Statistics (NBS) data, reveal that 22.6 million Nigerians entered extreme poverty between 2018 and 2023, pushing the total number of poor citizens to over 90.6 million.

The analysis further shows that poverty continues to rise in 2025, with more than half of Nigeria’s population — 52.5 per cent, or roughly 53 in every 100 citizens — now living below the poverty line.



According to StatiSense, “For every nine walking steps you take, a Nigerian falls into poverty,” illustrating the alarming rate of decline in living standards.


The breakdown indicates that an average of 5.65 million people fall into extreme poverty annually, translating to 15,472 people per day, 645 every hour, and 11 every minute.

The trend reflects the worsening economic reality faced by Nigerians since the All Progressives Congress (APC) came to power in 2015 and accelerated under Tinubu’s leadership since 2023.

Despite promises of renewed hope and economic reform, inflation, unemployment, and the cost of living have continued to rise, leaving millions unable to afford basic necessities.

Economic experts warn that the current trajectory, if unchecked, could erase decades of progress and entrench a cycle of hunger, joblessness, and inequality.


Screenshot of the data
Observers also note that the government’s policies — including fuel subsidy removal, currency devaluation, and rising taxes — have disproportionately affected the poor, while relief measures have been slow and inadequate.

Critics accuse the APC of presiding over a government disconnected from the daily realities of Nigerians, arguing that the ruling party’s economic policies have failed to create meaningful growth or lift citizens out of poverty.

With 11 Nigerians falling into poverty every minute, analysts say the so-called “renewed hope” has turned into renewed despair — a reflection of worsening hardship in a country once described as Africa’s economic giant.

https://parallelfactsnews.com/every-minute-11-nigerians-become-poor/

Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by helinues: 9:20am On Oct 12, 2025
Those who will swallow this, I am just wondering how many of their family members would be amongst
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by LagosOrigin: 9:21am On Oct 12, 2025
No sane person will vote for tinubu in 2027 with all the bad happenings all around the country under his watch

No sane person.
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by iwaeda: 9:26am On Oct 12, 2025
Efo kan bale, na Statistics we go chop. It has favoured me and my family. One loaf of common bread is now N1500, but some people will tell you things are improving. Politics has clogged our reasoning. grin grin grin grin grin grin grin
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by Abdul05:
It is true , when food, transport,and house cost keep skyrocking ,while income remains stagnant..

People naturally slide deeper into poverty. But l believe these are the problems tinubu inherited..

years of bad governance and mismanagement that left the nation into deep poverty... grin grin grin
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by Mrfixitt(m): 9:58am On Oct 12, 2025
Tinubu is a disaster. In fact I lack words to describe him
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by Mrfixitt(m): 9:58am On Oct 12, 2025
Abdul05:
This is just a projection, not real time data from nigeria.. grin
Zombie work is the most difficult job one can do.
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by Abdul05: 10:12am On Oct 12, 2025
Mrfixitt:
Zombie work is the most difficult job one can do.
If being hopeful for my country makes me a zombie ,then at least l am an optimistic one , what's your excuse?
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by PenpalOso: 11:29am On Oct 12, 2025
if you’re not part of the clearly impoverished, you won’t be actively scanning every nook and cranny of this forum to prove your usefulness to your pay masters.

helinues:
Those who will swallow this, I am just wondering how many of their family members would be amongst
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by oalandAgents2: 11:40am On Oct 12, 2025
Approx 6million every year!
Re: Every Minute, 11 Nigerians Fall Into Extreme Poverty — Report Shows by helinues: 11:47am On Oct 12, 2025
PenpalOso:
if you’re not part of the clearly impoverished, you won’t be actively scanning every nook and cranny of this forum to prove your usefulness to your pay masters.
Have you ever seen me following una to dey shout hunger, hardship or ever been aggressive to other members?

You people should stop using reverse psychology. Lots of you are going through hell but just pretending

Everyone supporting this government must have been paid. Meanwhile, nobody send you people to be labouring/supporting in vain
1 Reply

World Bank’s Poverty Report Doesn’t Reflect Happenings Under Tinubu- Sunday DareMore Nigerians, Africans Will Fall Into Extreme Poverty, World Bank PredictsFact Check: Does Nigeria Have More People Living In Extreme Poverty Than India?234

Sowore, You Are Now A Terrorist. OFFICIALLYFHC Nullifies Ebonyi LG ElectionNNPC Remits 10 Trillion Into Federation Account