Abject poverty! 83m Nigerians are poor - NBS

Abject poverty in Nigeria

Posted  152 Views updated 2 months ago
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** Figure represents 40.09% of total population excluding Borno state

** Sokoto, Taraba lead, Lagos Delta lowest at 4.6% and 6%

**Rural poverty rate 52.10% while urban rate is 18.04%

 

No fewer than 83 million Nigerians representing 40.09 percent of total population of the country excluding Borno state that is being ravaged by Boko Haram insurgents are living in abject poverty, the National Bureau of Statistics, NBS said yesterday.

 

The Bureau in its 2019 Poverty and Inequality in Nigeria Report said the figure represents 40.09 per cent of the total population of the country excluding Borno state which is being ravaged by the Boko Haram insurgents adding that 52.10 percent of rural dwellers are living in poverty while the poverty rate in urban centres is 18.04 percent.

 

The Report reveals that Sokoto and Taraba states with 87.7 percent poverty lead in terms of percentage of people living in poverty while Lagos and Delta have the lowest numbers at 4.5 and six percent respectively.

 

It would be recalled that the last poverty data released by the NBS was in 2010 when 62.6 percent of the population (102.2 million) was living in poverty. The NBS, alongside the World Bank, used the Nigerian living standards survey (NLSS) to measure poverty and living standards between September of 2018 and October of 2019. The NLSS measured poverty using the consumption expenditure rather than income.

 

“The consumption aggregate is the monetary value of food and non-food goods and services consumed by the household,” the report read. “Thus, the consumption aggregate has the following component: expenditure on food from all sources, schooling and education expenditure, healthcare expenditure, housing expenditure, non-food expenditure like clothing and recreation”, it added.

 

READ ALSO: Check out Nigeria's Latest Poverty Stats, Poorest State According to NBS [SEE FULL STATISTICS] >>> https://www.newsflakes.com.ng//news/check-out-nigeria-s-latest-poverty-stats-poorest-state-according-to-nbs-see-full-statistics-721

 

In June 2018, Brookings Institution said Nigeria has overtaken India as the poverty capital of the world. The institution had estimated that the number of Nigerians in extreme poverty increases by six people every minute. Breakdown of the figures provided in the nation-wide survey by the National Bureau of Statistics, NBS shows that Northern states in Nigeria rank poorest. According to the report, nine of top 10 poorest states in Nigeria are from the northern region with Sokoto, Taraba and Jigawa being the poorest. According to NBS, on average, four out of 10 individuals in Nigeria has real per capita expenditures below N137,430 per year, which translates to N376.5 per day.

 

The NLSS is the official survey that is the basis for measuring poverty and living standards. Between September of 2018 and October of 2019, NBS conducted the latest round of the NLSS after a decade. It is representative at the state level with a sample size of 22,110 households focusing on increasing household and individual demographics (age, gender, marital status, among others), access to education, health and basic services, employment, assets, and income. The survey is used to measure prevalence of poverty and to estimate a wide range of socio-economic indicators including bench-marking of the Sustainable Development Goals, SDGs

 

Recall that NEWS FLAKES NG had earlier reported that the National Bureau of Statistics NBS, has published the poverty rate in Nigeria indicating state by state figures across the country. (Nigeria Pilot) 

 

 

 

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