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12 Million Nigerians Became Poor In 10 Years—undp - Politics - Nairaland

Nairaland ForumNairaland GeneralPolitics12 Million Nigerians Became Poor In 10 Years—undp (234 Views)

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12 Million Nigerians Became Poor In 10 Years—undp by dipoolowoo(op): 3:57am On Jul 20, 2019
By Adedapo Adesanya

The 2019 Global Multidimensional Poverty Index (MPI) Report has revealed that the number of “multi-dimensionally poor” Nigerians increased by 12 million from 86 million to 98 million between 2007 and 2017.

The report, released in New York on Thursday by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative, noted that the proportion of people who “are multi-dimensionally poor” had remained constant at just over 50 percent over the past decade up to 2017.

Multidimensional poverty includes the various deprivations experienced people in their daily lives – such as poor health, lack of education, inadequate living standards, disempowerment, poor quality of work, the threat of violence, and living in areas that are environmentally hazardous, among other indicators.

It explained that the global MPI highlighted inequalities at the global, regional, national, sub-national and even household level.

The study further revealed that the poorest countries exhibited not just higher incidence of multidimensional poverty, but also higher intensity, with each poor person deprived in more indicators.

This year’s MPI report presented that more than two-thirds of the multi-dimensionally poor – 886 million people – live in middle-income countries, while a further 440 million live in low-income countries.

In both groups, figures show simple national averages can hide enormous inequality in patterns of poverty within countries.

In Nigeria’s case, the report showed that even though the national average showed that around 50 per cent of Nigerians were multi-dimensionally poor, state and local government levels would reveal a completely different scenario.

It stated, “In Nigeria, even though the proportion of people who are multi-dimensionally poor has remained constant at just over 50 per cent over the past decade (up to 2017), the actual number of people who are multi-dimensionally poor increased from 86 million to 98 million over the same period.

“Also, important to note is that when compared to the national poverty line which measures income/consumption, a larger proportion of Nigerians (51 per cent) are multi-dimensionally poor than those that are income poor (46 per cent).”

The MPI, according to the UNDP, is the product of the incidence and the intensity of multidimensional poverty, and both are important aspects, noting that any reduction in intensity reduces MPI even if incidence remains unchanged and reflects progress towards moving people out of poverty.

https://businesspost.ng/2019/07/20/12-million-nigerians-became-poor-in-10-years-undp/
Re: 12 Million Nigerians Became Poor In 10 Years—undp by emilas1979(m): 4:30am On Jul 20, 2019
Don't let osunbade hear this over blown figure. When trmadol abi trade money has lifted over 100million out of poverty in 4 years.
The Nigerians in poverty was under PDP.
The pastor has delivered them from spiritual and materials poverty into the NEXT LEVEL of hardship
dipoolowoo:
By Adedapo Adesanya

The 2019 Global Multidimensional Poverty Index (MPI) Report has revealed that the number of “multi-dimensionally poor” Nigerians increased by 12 million from 86 million to 98 million between 2007 and 2017.

The report, released in New York on Thursday by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative, noted that the proportion of people who “are multi-dimensionally poor” had remained constant at just over 50 percent over the past decade up to 2017.

Multidimensional poverty includes the various deprivations experienced people in their daily lives – such as poor health, lack of education, inadequate living standards, disempowerment, poor quality of work, the threat of violence, and living in areas that are environmentally hazardous, among other indicators.

It explained that the global MPI highlighted inequalities at the global, regional, national, sub-national and even household level.

The study further revealed that the poorest countries exhibited not just higher incidence of multidimensional poverty, but also higher intensity, with each poor person deprived in more indicators.

This year’s MPI report presented that more than two-thirds of the multi-dimensionally poor – 886 million people – live in middle-income countries, while a further 440 million live in low-income countries.

In both groups, figures show simple national averages can hide enormous inequality in patterns of poverty within countries.

In Nigeria’s case, the report showed that even though the national average showed that around 50 per cent of Nigerians were multi-dimensionally poor, state and local government levels would reveal a completely different scenario.

It stated, “In Nigeria, even though the proportion of people who are multi-dimensionally poor has remained constant at just over 50 per cent over the past decade (up to 2017), the actual number of people who are multi-dimensionally poor increased from 86 million to 98 million over the same period.

“Also, important to note is that when compared to the national poverty line which measures income/consumption, a larger proportion of Nigerians (51 per cent) are multi-dimensionally poor than those that are income poor (46 per cent).”

The MPI, according to the UNDP, is the product of the incidence and the intensity of multidimensional poverty, and both are important aspects, noting that any reduction in intensity reduces MPI even if incidence remains unchanged and reflects progress towards moving people out of poverty.

https://businesspost.ng/2019/07/20/12-million-nigerians-became-poor-in-10-years-undp/
1 Reply

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