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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Poverty Rate – Nigeria

Nigerians living in poverty rise to nearly 61%, February 13, 2012, BBC News: “Poverty has risen in Nigeria, with almost 100 million people living on less than a $1 (£0.63) a day, despite economic growth, statistics have shown. The National Bureau of Statistics said 60.9% of Nigerians in 2010 were living in ‘absolute poverty’ – this figure had risen from 54.7% in 2004. The bureau predicted this rising trend was likely to continue. Nigeria is Africa’s biggest oil producer but the sector has been tainted by accusations of corruption. According to the report, absolute poverty is measured by the number of people who can afford only the bare essentials of shelter, food and clothing…”