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NBS says 40.1% of Nigerians are considered poor, live on less than N11,500 monthly income

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NBS says 40.1% of Nigerians are considered poor, live on less than N11,500 monthly income

By Admin

The National Bureau of Statistics (NBS) says Nigeria 40.1 percent of total population were classified as poor.
The NBS made this known in its report on Poverty and Inequality in Nigeria 2019, released on Monday, titled: Poverty and Inequality in Nigeria 2019
According to the NBS on average 4 out of 10 individuals in Nigeria has real per capita expenditures below 137,430 Naira per year. This translates to over 82.9 million Nigerians who are considered poor by national standards.

This means monthly income of an individual in this category is less than N11,500 while income per day is N38.00

The report indicated that Sokoto, Taraba, Jigawa, Ebonyi, Zamfara, Yobe and Adamawa top the poorest states in the country.

The NBS said Sokoto State had 87.73 per cent poverty head count rate followed by Taraba with 87.73 per cent, then Jigawa which has 87.02 per cent and Ebonyi with 79.76 per cent.

It disclosed that Lagos, Delta, Osun, Ogun, Oyo, Edo and Anambra States had the least in terms of poverty level.

According to the bureau, Lagos State has 4.50 per cent poverty head count rate and it is been trailed by Delta with 6.02 per cent followed by Osun State with 8.52 per cent.

The report indicated that after Osun, Ogun was next with 9.32 per cent, while Oyo has 9.83 and Edo has 11.99 per cent as well as Anambra with 14.78 per cent.