The World Bank urged Nigeria to end import bans in order to lower food prices as it estimated that around 50% more Nigerians ...
Economists now describe this period as “Tinubuflation”, the inflation movement under President Bola Tinubu’s reform era, ...
This contradiction, between official optimism and the daily grind of deprivation, defines Nigeria’s poverty paradox. Despite ...
The World Bank has warned that around 139 million Nigerians are now living in poverty, even though the government’s recent ...
The World Bank on Wednesday expressed deep concern over Nigeria’s worsening poverty level, revealing that despite recent ...
The Punch on MSN
Presidency rejects World Bank’s poverty report
The Presidency has disputed the latest economic report by Nigeria’s biggest multilateral lender, the World Bank, which ...
Despite significant reforms aimed at economic growth, Nigeria faces a staggering rise in poverty, with projections indicating ...
Citing data from the Nigeria Living Standards Survey (NLSS) 2022/23, the World Bank observed that "more than one in two ...
The Punch on MSN
139m Nigerians now in poverty despite reform gains – World Bank
The World Bank has expressed concern that despite Nigeria’s recent economic stabilisation efforts, about 139 million citizens ...
In response to economic depression in Ghana, following a global slump in cocoa prices in the 1960s, Ghanaians began to migrate to Nigeria in droves in the 1970s to take advantage of the oil boom in ...
Poverty in Nigeria has reached critical levels, recent data shows. About 31% of Nigerians lived in poverty prior to the COVID-19 epidemic. Since then, an additional 42 million have become poor, ...
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