The rich are getting richer as more and more people continue to slip into extreme poverty in Nigeria.
A new report by the cable.ng has revealed 1.1 million Nigerians have slip into extreme poverty in just four months, TheCable can report.
This has brought the number of Nigerians living in extreme poverty — or below $1.90 a day — to 88 million.
In June 2018, the Brookings Institution named Nigeria as the poverty capital of the world, with 86.9 million extremely poor people.
Nigeria overtook India as the world poverty capital, despite being six times smaller in population than the Asian country.
According to the World Poverty Clock, created by Vienna-based World Data Lab, 88,011,759 Nigerians are currently living in extreme poverty.
The World Bank, IMF, United Nations, and major development institutions across the world forecast that Nigeria will not hit the 2030 target for ending global poverty.
The Bill and Melinda Gates Foundation also suggest that West Africa, primarily, Nigeria will host 40 percent of the world’s poorest people by 2030.
Currently, below are the 10 African Countries with the Highest Population Of People in Extreme Poverty
1. Nigeria
Country’s Population Estimate = 196 Million
Population Of People living in Extreme Poverty = 86.9 Million now 88 million
Rank in World = 1
2. DR. Congo
Country’s Population Estimate = 84.8 Million
Population Of People living in Extreme Poverty = 60.9 Million
Rank in World = 3
3. Ethiopia
Country’s Population Estimate = 107 Million
Population Of People living in Extreme Poverty = 23.9 Million
Rank in World = 4
4. Tanzania
Country’s Population Estimate = 59 Million
Population Of People living in Extreme Poverty = 19.9 Million
Rank in World = 5
5. Mozambique
Country’s Population Estimate = 31 Million
Population Of People living in Extreme Poverty = 17.8 Million
Rank in World = 6
6. Kenya
Country’s Population Estimate = 51 Million
Population Of People living in Extreme Poverty = 14.7 Million
Rank in World = 8
7. Uganda
Country’s Population Estimate = 44.5 Million
Population Of People living in Extreme Poverty = 14.2 Million
Rank in World = 10
8. South Africa
Country’s Population Estimate = 57 Million
Population Of People living in Extreme Poverty = 13.8 Million
Rank in World = 11
9. South Sudan
Country’s Population Estimate = 13 Million
Population Of People living in Extreme Poverty = 11.4 Million
Rank in World = 12
10. Zambia
Country’s Population Estimate= 17.6 Million
Population Of People living in Extreme Poverty = 9.5 Million
Rank in World = 13
