Poverty

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Rise in Prices push 7m additional Nigerians into Poverty – World Bank

Rise in Prices push 7m additional Nigerians into Poverty – World Bank

By Emmanuel Elebeke & Elizabeth Adegbesan The World Bank, Tuesday, said that the high inflation rate caused by rise in  prices of goods and services pushed seven million Nigerians below the poverty line by 2020. Meanwhile the Nigeria Bureau of Statistics (NBS) released the Consumer Price Index (CPI) report which showed that the annual inflation rate fell […]

We’re determined to eradicate poverty, unemployment — FG

We’re determined to eradicate poverty, unemployment — FG

THE federal government has reiterated its determination to eradicate poverty as well as tackling unemployment in the country to the barest minimum, saying its many programmes designed to tackle the issues have had tremendous success.

32m Africans fell into extreme poverty in 2020 ― IMF

32m Africans fell into extreme poverty in 2020 ― IMF

***Predicts difficult post-COVID recovery ***Projects 3.4% for 2021 By Emma Ujah – Abuja The International Monetary Fund (IMF) disclosed that 32 million people in Sub-Saharan Africa were pushed into extreme poverty in 2020. The Director, African Department, Abebe Selassie, disclosed this in a virtual briefing on IMF latest Regional Economic Outlook for Sub-Saharan Africa. According […]

I went below poverty line in 2020

I went below poverty line in 2020

God knows I want Buhari to remain President until 2023 because, unsettling as that might be for some people, it is the best of all options before us. It is difficult to live with a leader who has lost the followers. That is why some talk of failed nation. We have not failed totally and there is still hope.