Only 44% Of Nigeria’s Safety Nets Reach Poor People - W/Bank

Only 44% Of Nigeria’s Safety Nets Reach Poor People - W/Bank

The World Bank has expressed concerns over what it called the inefficiency of Nigeria’s social safety net programmes. It disclosed that despite more than half of the beneficiaries being poor, the majority of the country’s poor population are not getting the benefit. This was disclosed in its latest report titled “The State of Social Safety Nets in Nigeria”, where the multilateral financial institution disclosed that 56 per cent of beneficiaries …

Social Protection Only Gulps 0.14% of Nigeria's GDP—World Bank &

By Adedapo Adesanya The World Bank has lamented that Nigeria spends barely 0.14 per cent of its Gross Domestic Product (GDP) on social protection. This is contained in a new report titled The State of Social Safety Nets in Nigeria, where the bank revealed that the 0.14 per cent estimate is far below the global average

'Only 44 Percent Reach Poor Nigerians': A Call to Fix Social Safety Nets

The World Bank’s report is another reminder that Nigeria’s social safety-net programmes are failing to protect those who need them most. Development Diaries reports that the World Bank’s new report titled ‘The State of Social Safety Nets in Nigeria’ revealed that only 44 percent of total benefits from government-funded safety-net schemes actually reach poor Nigerians. The report reviews Nigeria’s spending on social safety nets, evaluating how we…

Nigeria’s Social Safety Net “Inefficient”, Just 44% of Benefits Go to the Poor – World Bank

The World Bank has flagged a major flaw in Nigeria’s social‑protection system, warning that more than half of the beneficiaries are poor, yet less than half of the total money actually lands in poor households. In its latest report, “The State of Social Safety Nets in Nigeria”, the lender reveals a stark disparity: 56 % of programme recipients are poor, but only 44 % of the benefits flow to them, exposing deep inequality in how aid is distribute…

Only 44% Of Social Benefits Reach Poor Nigerians — World Bank

Despite billions of naira spent yearly to cushion hardship, a new World Bank report has revealed that only 44 per cent of total benefits from Nigeria’s social safety-net programmes actually reached the poor. In its latest report titled: “The State of Social Safety Nets in Nigeria” as obtained on Tuesday, the Bank said most of the funds allocated to government welfare schemes fail to reach those who need them most due to poor targeting, weak fund…

Nigeria’s social protection budget allocation has no impact on poverty — W’Bank

Nigeria’s barely 0.14 per cent budgetary allocation of its Gross Domestic Product on social protection is far below the global average of 1.5 per cent and the Sub-Saharan African average of 1.1 per cent, and has had no effect on poverty, so far. The World Bank, in a new report titled “The State of Social Safety Nets in Nigeria”, obtained on Tuesday, noted that the tiny allocation, which is a combined effect of all existing social protection prog…