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NBS says 130 million Nigerians live in poverty

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According to the National Bureau of Statistics (NBS), 130 million Nigerians live in poverty as of Thursday.

The NBS stated that this statistic represented 63% of the country’s population in its 2022 Multidimensional Poverty Index Survey, which was issued in Abuja on Thursday.

It was further said that women and children are most affected by the poverty index, which is primarily felt in rural areas, particularly in the north.

According to reports, the survey was conducted by the NBS, the National Social Safety-Nets Coordinating Office (NASSCO), the United Nations Development Programme (UNDP), the United Nations Children’s Fund (UNICEF), and the Oxford Poverty and Human Development Initiative (OPHI).

The Multidimensional Poverty Index (MPI), which has five components including health, living standard, education, security, and unemployment, was reportedly utilized to calculate the statistic.

According to the survey, poverty affects more than 50% of youngsters nationwide.

Adeyemi Adeniran, the Statistician-General of the Federation, mentioned in his remarks that 56,610 households were polled, and factors such as underemployment, security shocks, living conditions, food security, and school attendance were taken into account.

Ondo State had a multidimensional poverty index of 27%, whereas Sokoto State is thought to have a value of 90%.

NBS says 130 million Nigerians live in poverty

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