Poverty has risen in Nigeria, with almost 100 million people living on less than a $1 (£0.63) a day, despite economic growth, statistics show. The National Bureau of Statistics said 60.9% of Nigerians in 2010 were living in \"absolute poverty\" - this figure had risen from 54.7% in 2004. The bureau predicted this rising trend was likely to continue. Nigeria is Africa\'s biggest oil producer but the sector has been tainted by accusations of corruption. According to the report, absolute poverty is measured by the number of people who can afford only the bare essentials of shelter, food and clothing. North-south divide The NBS admitted there was a paradox at the heart of Nigeria, as the economy was going from strength to strength, mainly because of oil production, yet Nigerians were getting poorer. \"Despite the fact that the Nigerian economy is growing, the proportion of Nigerians living in poverty is increasing every year, although it declined between 1985 and 1992, and between 1996 and 2004,\" it said in a statement. Oil accounts for some 80% of Nigeria\'s state revenues but it has hardly any capacity to refine crude oil into fuel, which has to be imported. Last month, there was a nationwide strike when the government tried to remove the subsidy on fuel, angering many Nigerians who see it as the only benefit they received from the country\'s vast oil wealth. The NBS said that relative poverty was most apparent in the north of the country, with Sokoto state\'s poverty rate the highest at 86.4%. In the north-west and north-east of the country poverty rates were recorded at 77.7% and 76.3% respectively, compared to the south-west at 59.1%. BBC Africa analyst Richard Hamilton says it is perhaps no surprise that extremist groups, such as Boko Haram, continue to have an appeal in northern parts of the country, where poverty and underdevelopment are at their most severe. The report also revealed that Nigerians consider themselves to be getting poorer. In 2010, 93.9% of respondents felt themselves to be poor compared to 75.5% six years earlier.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor