Six People Fall Into Extreme Poverty in Nigeria Every Minute.
Nigeria has more extremely poor people than any other nation and United Nations says Nigeria’s population will double by 2050. The estimated figure now is 87 million people, or almost half the population of Africa’s biggest oil producer, and unless something dramatic happens, it’s going to get much bigger. While poverty in India, which has five times the population, is declining, the number of destitute in Nigeria is believed to be growing by six people every minute, according to a recent paper from The Brookings Institution. The UN expects its population to double to 410 million by 2050, potentially swelling the ranks of the poor. Today, Nigeria ranks 157 out of 189 countries in the UN Human Development Index, which measures indicators such as health and inequality. Life expectancy is still only 54 years. Between 72 and 91 percent of Nigeria’s poor are at risk of never improving their living standards significantly. Credit: CHINA DAILY