The National Bureau of Statistics (NBS) in its “2019 Poverty and Inequality in Nigeria” report, estimated that 40 percent of the total population, or almost 83 million people, live below the country’s poverty line of N137,430 naira ($381.75) per year.
Similarly, the World Poverty Clock shows Nigeria has overtaken India as the country with the most people living in extreme poverty. Sadly, India’s population is seven times that of Nigeria. Nigeria’s population is equally ahead of countries like Thailand, Germany, Italy and the United Kingdom.
It…