The National Poverty rate currently stands at 40.09 per cent, representing 82.9 million persons, the National Bureau of Statistics (NBS) has said.
According to the 2019 Poverty and Inequality in Nigeria report published Monday by the statistical agency, Borno State is however excluded from the poverty estimate.
Urban poverty rate stood at 18.04 per cent, while the rural poverty rate is estimated at 52.10 per cent.
The highest poverty rate was recorded in Sokoto (87.73 per cent), while the lowest rate was in Lagos at 4.50 per cent
- NIRSAL puts Nigeria’s post-harvest losses in agriculture at $12bn annually
- Nigeria’s unending petrol pricing palaver
- TATUP, new Nigeria Fintech, promises service convenience as it launches
- We are moving to make Igboland the Japan of Nigeria by 2025, through investments
- Nigeria faces mixed bag of domestic, global macro trends in 2021 – KPMG
Frontpage December 30, 2019