133 million Nigerians are multidimensionally poor- NBS

Nairametrics

According to the report, Over half of the population of Nigeria is multidimensionally poor with multidimensional poverty higher in rural areas, where 72% of people are poor, compared to 42% of people in urban areas.

Highlight of the report: The report also revealed that The National MPI is 0.257, indicating that poor people in Nigeria experience just over one-quarter of all possible deprivations.

• 65% of the poor (86 million people) live in the North, while 35% (nearly 47 million) live in the South. Poverty levels across states vary significantly, with the incidence of multidimensional poverty ranging from a low of 27% in Ondo to a high of 91% in Sokoto.
• Over half of the population of Nigeria is multidimensionally poor and cooks with dung, wood, or charcoal, rather than clean energy. High deprivations also appeared nationally in sanitation, time to healthcare, food insecurity, and housing.
• In general, the incidence of monetary poverty is lower than the incidence of multidimensional poverty across most states. In Nigeria, 40.1% of people are poor, according to the 2018/19 national monetary poverty line, and 63% are multidimensionally poor according to the National MPI 2022.
• Multidimensional poverty is higher in rural areas, where 72% of people are poor, compared to 42% of people in urban areas.