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Nigeria: Rural Poverty in Nigeria Now 75%, Says World Bank

  • The World Bank revealed in April 2025 that 75.5% of rural Nigerians live below the poverty line, reflecting severe hardship in rural areas.
  • Rural poverty in Nigeria has deepened due to prolonged economic slowdown, rising prices, and increasing security challenges, with official figures from 2018/19 indicating that 30.9% of Nigerians were living on less than $2.15 per day prior to the pandemic.
  • The report highlights stark regional and demographic disparities, with northern zones having 46.5% poverty, children at 72.5%, females at 63.9%, and uneducated Nigerians suffering 79.5% poverty rates.
  • Nigeria's Prosperity Gap stood at 10.2, indicating incomes fall far below the $25 daily prosperity standard, while poverty reduction had stagnated and living standards for the urban poor showed little improvement.
  • The World Bank urged immediate policy measures to shield at-risk groups from the effects of rising inflation and to promote job growth by encouraging more efficient and productive sectors of the economy in response to the worsening crisis.
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Daily Trust broke the news in on Sunday, May 4, 2025.
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