₦airaland Forum

Nigeria is rich, but its people are poor and the numbers prove it’s not an exaggeration: things aren’t just bad, Nigerians getting worse, year after year.

The Numbers Tell a Grim Story
Poverty in Nigeria hasn’t just stayed high it’s been climbing steadily for years, even during periods when inflation was supposedly easing.

According to the World Bank’s Nigeria Development Update (April 2026), the share of Nigerians living below the poverty line jumped from 56% in 2023, to 61% in 2024 and then to 63% in 2025 roughly 140 million people. That’s a staggering 7-point rise in just two years. Even more striking: this happened while headline inflation was falling from 34.80% in December 2024 to 15.15% in December 2025. In other words, prices were cooling off, but people were still getting poorer, because wages and incomes never grew fast enough to catch up.

PwC’s Nigeria Economic Outlook 2026 tells a similar story, projecting poverty will hit 62% of the population about 141 million people by the end of 2026. PwC points to a simple but brutal mechanic: food makes up as much as 70% of spending for low-income households, so even small food price shocks hit the poor disproportionately hard.

To put this in perspective on a longer timeline: the World Bank notes the absolute number of Nigerians in poverty rose from about 81 million in 2019 to roughly 139 million in 2025 an increase of nearly 60 million poor people in just six years.

Full story here: https://yaroinsider.ng/2026/07/17/nigerias-rising-poverty-how-bad-governance-is-failing-millions-every-day/

In just 2 years Tinubu doubled the number of poor people in Nigeria , wiped out 200 billion dollars from our GDP because of greedy self-centered policies

The rising economy, I guess you people's blurry vision wouldn't allow you to see that

Eish

SalamRushdie:
In just 2 years Tinubu doubled the number of poor people in Nigeria , wiped out 200 billion dollars from our GDP because of greedy self-centered policies

How many of your family members, friends and relatives are affected with this government policies that made them to be poor?

helinues:
How many of your family members, friends and relatives are affected with this government policies that made them to be poor?

The quality of life in my extended family has noticeably reduced like it has also in your family if you will tell yourself the truth ...There is no way you will devalue the currency by more than 200 percent that the entire population wouldn't feel it , people need to earn 20 times more now to do things they could just 10 years ago...the only people who can say they don't really feel it are those who are earning in dollars ..well when Tinubu came in the World bank report said Nigeria had 70 million poor people but today itheblast report says 140 million poor and they are right

SalamRushdie:
The quality of life in my extended family has noticeably reduced like it has also in your family if you will tell yourself the truth ...

This issue don dey happen since 1960

Some Nigerians go dey wail say country hard, while some go dey enjoy

Even in Anambra state, Obi left the state worst than he met it

SalamRushdie:
The quality of life in my extended family has noticeably reduced like it has also in your family if you will tell yourself the truth ...There is no way you will devalue the currency by more than 200 percent that the entire population wouldn't feel it , people need to earn 20 times more now to do things they could just 10 years ago...the only people who can say they don't really feel it are those who are earning in dollars ..well when Tinubu came in the World bank report said Nigeria had 70 million poor people but today itheblast report says 140 million poor and they are right

How did you know about the extreme poverty if you or your family members are not experiencing it?

How is it logical to be describing hardship than those who are experiencing it?

Is it not inside the same economy you are undermining that you claimed your family are above it? Again, how it that logical

Are you a bereaved crier?

Parachoko:
This issue don dey happen since 1960

Some Nigerians go dey wail say country hard, while some go dey enjoy

Even in Anambra state, Obi left the state worst than he met it

Bro, ever since I have been active on this forum which is over a decade, I have never seen this guy being positive for ordinary half a day before.

Always frowning, nagging, wailing for no sensible meaning. This is the same guy sometimes ago that posted internal memo from CBN which was outrightly fake. Till today, the guy never told us where he got that fake internal memory from

Nigeria is not rich.. Nigeria is very very rich.
You made it look as if the country has no money using just "rich". This country is fvcking blessed but the leaders are not just it.

I still wonder till today what we teach in our churches, mosques etc. when people can't just live within their means, always looking to rip-off others and steal when the opportunity to do so presents itself. Is it that people don't realize that one day they will die and leave this world with nothing?. Or why are Nigerians especially so greedy to the point of amassing money into trillions when we have so many people with nothing to eat, roaming the streets with no where to turn to?.
The funniest part is that due to bad leadership, Nigerians are now leaving their own rich country, selling off their belongings to go and work as care givers, servants etc. in poorer countries abroad. No be juju be that?.

Our leaders no dey try abeg.

You see those two lackeys above? They are perfect examples of those that pretend all is fine just to support their useless tin god but back home they are most likely suffering just like many Nigerians.

helinues:
How did you know about the extreme poverty if you or your family members are not experiencing it?

How is it logical to be describing hardship than those who are experiencing it?

Is it not inside the same economy you are undermining that you claimed your family are above it? Again, how it that logical

Are you a bereaved crier?

where did I say my family are above the economic disaster of Tinubu ? Helinues I know you don't earn up to 3 million a month so definitely you are feeling Tinubu misgovernance well ...I used to fill car tank at 13k-15k max and suddenly now I need to cough up between 87 thousand and 100k to fill a tank and you think I will not feel it ? Since last year I have shut down my office in Phase one because we can no longer afford the cost of running , so if tell you Nigeria is economically worse off under Tinubu than it was under the failed Buhari I know what I am saying...

helinues:
Bro, ever since I have been active on this forum which is over a decade, I have never seen this guy being positive for ordinary half a day before.

Always frowning, nagging, wailing for no sensible meaning. This is the same guy sometimes ago that posted internal memo from CBN which was outrightly fake. Till today, the guy never told us where he got that fake internal memory from

It's the way he do Boldly make the false statement for me

I fear people like SalamRushdie

He is fond of spreading falsehood with his full chest

SalamRushdie:
where did I say my family are above the economic disaster of Tinubu ? Helinues I know you don't earn up to 3 million a month so definitely you are feeling Tinubu misgovernance well ...I used to fill car tank at 13k-15k max and suddenly now I need to cough up between 87 thousand and 100k to fill a tank and you think I will not feel it ? Since last year I have shut down my office in Phase one because we can no longer afford the cost of running , so if tell you Nigeria is economically worse off under Tinubu than it was under the failed Buhari I know what I am saying...

I never claimed of being rich on this forum.

You are yet to tell us the extent of the extreme poverty this government policies have put your family into

Parachoko:
It's the way he do Boldly make the false statement for me

I fear people like SalamRushdie

He is fond of spreading falsehood with his full chest

Its their confidence and boldness in lying, anything fake are just incomprehensible.

How can someone be known as a lying machine for almost a decade on this forum yet no sign of changing or improvement?

helinues:
Bro, ever since I have been active on this forum which is over a decade, I have never seen this guy being positive for ordinary half a day before.

Always frowning, nagging, wailing for no sensible meaning. This is the same guy sometimes ago that posted internal memo from CBN which was outrightly fake. Till today, the guy never told us where he got that fake internal memory from

SalamRushdie is a Terrible Lier

In 2024, he claimed the Lagos Calabar Coastal Highway is located within Eko Atlantic City

SalamRushdie:
money is being used to fix Eko Atlantic a private estate and y'all think it's Lagos Calabr road 😅😅😅

Ask yourself why will such a road start from inside a gated estate like Eko Atlantic?

Look at him this morning denying he ever made such a statement

SalamRushdie:
I said Lagos Calabar road was a ruse to open up what I called Eko Atlantic phase 2 I never said it passed inside Eko Atlantic estate .

Parachoko:
SalamRushdie is a Terrible Lier

Look at his Ignorant Comment on the Lagos Calabar Coastal Highway in 2024



He claimed the Road is starting within the Eko Atlantic City, he was asked for an evidence on that day, he didn't reply

Imagine the guy talking about integrity on this forum with this moniker. How shameless can one be

Parachoko:
SalamRushdie is a Terrible Lier

Look at his Ignorant Comment on the Lagos Calabar Coastal Highway in 2024



He claimed the Road is starting within the Eko Atlantic City, he was asked for an evidence on that day, he didn't reply

Stop behaving like a child and grow up man , stop taking an allegory I made out of context please ...Most of you are behave like kids gish

helinues:
Imagine the guy talking about integrity on this forum with this moniker. How shameless can one be

He has no shame

This morning, he's denying he ever made such a statement

SalamRushdie:
I said Lagos Calabar road was a ruse to open up what I called Eko Atlantic phase 2 I never said it passed inside Eko Atlantic estate .

Till I provided evidence he truly said the road will pass within Eko Atlantic City

SalamRushdie:
money is being used to fix Eko Atlantic a private estate and y'all think it's Lagos Calabr road 😅😅😅

Ask yourself why will such a road start from inside a gated estate like Eko Atlantic?

SalamRushdie:
Stop behaving like a child and grow up man , stop taking an allegory I made out of context please ...Most of you are behave like kids gish

So you don't know there's a difference between the two comment of yours below?

Your 2024 Comment on the Lagos Calabar Coastal Highway

SalamRushdie:
money is being used to fix Eko Atlantic a private estate and y'all think it's Lagos Calabr road 😅😅😅

Ask yourself why will such a road start from inside a gated estate like Eko Atlantic?

Your 2026 Comment on the Lagos Calabar Coastal Highway

SalamRushdie:
I said Lagos Calabar road was a ruse to open up what I called Eko Atlantic phase 2 I never said it passed inside Eko Atlantic estate .

I need you to carefully think about what you will read below.
In the entire period of time that the APC has been in office, India raised more than 360 million people out of poverty (more than Nigeria's entire population). In contrast, the APC through poorly thought out policies, outright theft and gross economic mismanagement, has more than doubled the population of poor people in Nigeria. Nigeria now has the highest number of poor people on earth!

Make no mistake about it. Tinubu's policies have wrecked this country. There is no sugar coating it.

Parachoko:
So you don't know there's a difference between the two comment of yours below?

Your 2024 Comment on the Lagos Calabar Coastal Highway



Your 2026 Comment on the Lagos Calabar Coastal Highway

Bro, you know the most annoying part, like over 7 years ago on this forum, if you see how this guy was bragging of starting airplane part business in Nigeria. He littered almost all the threads then with the bragging

Unfortunately, it was all online noise and the ridiculous part about it, this guy will still be calling this government failure. Hahaha, was it success that made him not to start his planned business for almost a decade now?

Parachoko:
He has no shame

This morning, he's denying he ever made such a statement



Till I provided evidence he truly said the road will pass within Eko Atlantic City

In 2024 I used a perceived scenario to drive home my suspicion, these are two different scenarios please , till that road reaches Calabar I will still have suspicions in that project that was awarded to the the same person that built Eko Atlantic ....

SalamRushdie:
In 2024 I used a perceived scenario to drive home my suspicion, these are two different scenarios please , till that road reaches Calabar I will still have suspicions in that project that was awarded to the the same person that built Eko Atlantic ....

Your suspicion like the fake CBN internal memo which you even bragged about.

If you had any shame, just stop talking

helinues:
Bro, you know the most annoying part, like over 7 years ago on this forum, if you see how this guy was bragging of starting airplane part business in Nigeria. He littered almost all the threads then with the bragging

Unfortunately, it was all online noise and the ridiculous part about it, this guy will still be calling this government failure. Hahaha, was it success that made him not to start his planned business for almost a decade now?

SalamRushdie mouth too much

Nah Person wey go dey brag a lot e go b

SalamRushdie:
In 2024 I used a perceived scenario to drive home my suspicion, these are two different scenarios please , till that road reaches Calabar I will still have suspicions in that project that was awarded to the the same person that built Eko Atlantic ....

What you're saying now is entirely different from your 2024 Comment o

SalamRushdie:
money is being used to fix Eko Atlantic a private estate and y'all think it's Lagos Calabr road 😅😅😅

Ask yourself why will such a road start from inside a gated estate like Eko Atlantic?

helinues:
How many of your family members, friends and relatives are affected with this government policies that made them to be poor?

Stats will clear your doubts. Because you earn 30k plus stipends, doesn’t make you bereft of your family members wailing in poverty.

helinues:
Bro, you know the most annoying part, like over 7 years ago on this forum, if you see how this guy was bragging of starting airplane part business in Nigeria. He littered almost all the threads then with the bragging

Unfortunately, it was all online noise and the ridiculous part about it, this guy will still be calling this government failure. Hahaha, was it success that made him not to start his planned business for almost a decade now?

I brokered a lot of aircraft deliveries between 2018 and 2023 and that's a fact , I once owned the largest number of outdoor advertising in Nigeria , I owned a licensed lottery business where the license cost 10m annually and I ran that for 3 years ...Opened a fintech in 2023 that failed woefully which made me lose stupendous amounts of money but you know what I am about to rebrand and relaunch it again after studying my mistakes ..

Here's the latest update. A simple, straightforward assessment of the situation.

@moderators kindly move this to front page

Parachoko:
SalamRushdie mouth too much

Nah Person wey go dey brag a lot e go b

I don use vex block the guy. How can someone be lying so ridiculously even after presenting him with evidence