Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,604 members, 7,809,197 topics. Date: Friday, 26 April 2024 at 04:33 AM

Nigerians Now The Poorest People In The World - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigerians Now The Poorest People In The World (643 Views)

List Of 10 Poorest States In Nigeria / Top 10 Poorest Countries In Africa 2019 / Theresa May: Nigeria Is The Home For The Poorest People In The World (2) (3) (4)

(1) (Reply) (Go Down)

Nigerians Now The Poorest People In The World by Ekotech1980: 2:10pm On May 31, 2019
The Economist Magazine has, in its review on Thursday, revealed that Nigerians became poorer, and in fact, have become the poorest citizens of a country in the whole world, under President Muhammadu Buhari’s first term in office.

The Economist also said that Nigerians will even become poorer in the years to come as average income per Nigerian, according to it, will continue to fall for the next six years, haven continually fallen for the last four years that Buhari came in.

Likening Nigeria’s economy to the long lines of Trailers on queues heading to Apapa port, the Economist said Nigeria’s economy is “stuck like a stranded truck.”
This is despite the growth claimed by the National Bureau of Statistics that “Nigeria’s Gross Domestic Product (GDP) grew by 2.01%(year-on-year), in real terms, in the first quarter of 2019.”
But the Economist claimed that “by 2030 a quarter of very poor people will be Nigerian.” It said while the inflation is at 11%, some 94m Nigerians live on less than $1.90 a day.
According to the report, “Long lines of lorries stretch like tentacles from Apapa port, the largest in Nigeria. Drivers doze in their cabs, feet flung over dashboards; some sling hammocks beneath the chassis.
“Musa Ibrahim, an ebullient trader, says he has been queuing for two days. He gestures at empty buildings. “Most of the companies you see here they done close,” he sighs.
“The Nigerian economy is stuck like a stranded truck. Average incomes have been falling for four years; the IMF thinks they will not rise for at least another six.
“The latest figures put unemployment at 23%, after growing for 15 consecutive quarters. Inflation is 11%. Some 94m people live on less than $1.90 a day, more than in any other country, and the number is swelling.
“By 2030 a quarter of very poor people will be Nigerian, predicts the World Data Lab, which counts such things.”

https://www.vanguardngr.com/2019/05/nigerians-slide-to-poorest-people-in-world-under-buhari-the-economist/
Re: Nigerians Now The Poorest People In The World by fukushaki(m): 2:15pm On May 31, 2019
grin
Re: Nigerians Now The Poorest People In The World by donbachi(m): 2:20pm On May 31, 2019
Yet na here enjoyment meet enjoyment
Re: Nigerians Now The Poorest People In The World by kurupt1: 2:25pm On May 31, 2019
Next level things
Re: Nigerians Now The Poorest People In The World by iaamxavier(m): 2:31pm On May 31, 2019
So because one useless magazine says we are now the poorest we should believe??

All this westerners should just get the fvck off!! angry
Re: Nigerians Now The Poorest People In The World by Nobody: 2:35pm On May 31, 2019
iaamxavier:
So because one useless magazine says we are now the poorest we should believe??

All this westerners should just get the fvck off!! angry
It is not the job of Economist magazine to massage the ego of APCheat and sai babarians.

Cc lzaa sarrki adaibeku husbandsnatcha

7 Likes 2 Shares

Re: Nigerians Now The Poorest People In The World by onamch: 2:50pm On May 31, 2019
That is the evidence of incorruptible governance according to zombies.
No more corrupt money in circulation, that is the reasoning of a supposed human being.

3 Likes 1 Share

Re: Nigerians Now The Poorest People In The World by MylezKayn(m): 2:57pm On May 31, 2019
All hail the Next Level of Poverty!!

1 Like 1 Share

Re: Nigerians Now The Poorest People In The World by Xander85: 3:06pm On May 31, 2019
Buhari....shattering world records left, right and centre! grin

1 Like

Re: Nigerians Now The Poorest People In The World by Xander85: 3:09pm On May 31, 2019
immhotep:

It is not the job of Economist magazine to massage the ego of APCheat and sai babarians.

Cc lzaa sarrki adaibeku husbandsnatcha

Wicked! grin

4 Likes 3 Shares

Re: Nigerians Now The Poorest People In The World by ZombiePUNISHER: 3:19pm On May 31, 2019
donbachi:
Yet na here enjoyment meet enjoyment

iaamxavier:
So because one useless magazine says we are now the poorest we should believe??
All this westerners should just get the fvck off!! angry

Even when hunger is severely dealing with a zombie and his entire village .... He will never accept the fact so far Buhari is president...

Smell the coffee... Buhari came to power just to gallivant round the world and take pictures...

2 Likes 2 Shares

Re: Nigerians Now The Poorest People In The World by Casptainspecial: 3:30pm On May 31, 2019
God forbid
Re: Nigerians Now The Poorest People In The World by monthz: 3:44pm On May 31, 2019
YORUBA SHOULD COLLECT ALL THE POSITION IN GOVERNMENT, THAT IS ALL THEY CARE ABOUT.

1 Like

Re: Nigerians Now The Poorest People In The World by BlackfireX: 4:33pm On May 31, 2019
Poor




Or




Pauper
Re: Nigerians Now The Poorest People In The World by mightyhaze: 4:44pm On May 31, 2019
immhotep:

It is not the job of Economist magazine to massage the ego of APCheat and sai babarians.

Cc lzaa sarrki adaibeku husbandsnatcha
next he will start bleating about how The Economist is working with pdp to discredit bughari govt

4 Likes 3 Shares

Re: Nigerians Now The Poorest People In The World by Yujin(m): 4:57pm On May 31, 2019
immhotep:

It is not the job of Economist magazine to massage the ego of APCheat and sai babarians.

Cc lzaa sarrki adaibeku husbandsnatcha
WORD!

3 Likes 3 Shares

Re: Nigerians Now The Poorest People In The World by bangbangall: 5:19pm On May 31, 2019
APC and Buhari achievement.
Re: Nigerians Now The Poorest People In The World by killsmith(f): 5:53pm On May 31, 2019
The economist is Ipob magazine....

1 Like

Re: Nigerians Now The Poorest People In The World by Arda1000(m): 5:57pm On May 31, 2019
The credits goes to.....

1 Like

Re: Nigerians Now The Poorest People In The World by Arda1000(m): 1:01pm On Jun 01, 2019
iaamxavier:
So because one useless magazine says we are now the poorest we should believe??

All this westerners should just get the fvck off!! angry
Mumu
Re: Nigerians Now The Poorest People In The World by DREagon(m): 2:07pm On Jun 01, 2019
Fake news
What about Burundi, Malawi, Tanzania and the rest of them, we can never be as poor as those countries.

(1) (Reply)

JUST IN: Federal Government Declares Public Holiday For Nigerians / Atiku, PDP Asking Us For Server That We Don’t Have, INEC / Why Tinubu Hands Are Tied About Herdsmen Issues In Southwest

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 34
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.