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    82.9m Nigerians are poor – NBS

    Chronicle EditorBy Chronicle EditorMay 4, 2020No Comments2 Mins Read
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    139m Nigerians living in poverty yet to feel impact of economic reforms – World Bank
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    The National Bureau of Statistics (NBS) says more than 82.9 million Nigerians are poor by national standards.

    The NBS made this known in its report on Poverty and Inequality in Nigeria 2019, released on Monday.

    It explained that the figure showed that 40.1 per cent of the total population was classified as poor, adding that in other words, an average four out of 10 individuals in Nigeria had real per capita expenditures below N137,430.00 per year.

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    This means the monthly income of an individual in this category is less than N11,500 while income per day is N38.00

    The report indicated that Sokoto, Taraba, Jigawa, Ebonyi, Zamfara, Yobe and Adamawa top the poorest states in the country.

    The NBS said Sokoto State had 87.73 per cent poverty head count rate followed by Taraba with 87.73 per cent, then Jigawa which has 87.02 per cent and Ebonyi with 79.76 per cent.

    It disclosed that Lagos, Delta, Osun, Ogun, Oyo, Edo and Anambra States had the least in terms of the poverty level.

    According to the bureau, Lagos State has 4.50 per cent poverty head count rate and it is been trailed by Delta with 6.02 per cent followed by Osun State with 8.52 per cent.

    The report indicated that after Osun, Ogun was next with 9.32 per cent, while Oyo has 9.83 and Edo has 11.99 per cent as well as Anambra with 14.78 per cent.

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