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Nigeria:over 102.4m living in extreme poverty, remain as world’s poverty capital

The World Poverty Clock, a web tool based on World Data Lab’s global poverty model has revealed that total number of people living in extreme poverty in Nigeria now stands at 102,407,327, 50% of the country’s estimated population of over 205 million.

According to the statistics released on Tuesday, 51,766,902 are male, while the remaining 50,640,425 are female.

World Data Lab said its dataset was updated as of May 2020 to factor in the impact of the ongoing coronavirus pandemic on the population of people living in extreme poverty.

The poverty headcount rate is highest in Sokoto with 87.73%, followed by Taraba (87.72%), Jigawa (87.02%), Ebonyi (79.76%), and Adamawa (74.41%).

The poverty headcount rate is lowest in Lagos (4.5%), Delta (6%), Osun (8.5%), Ogun (9.3%), and Oyo (9.8%).

World Data Lab noted that a total of 691,377,087 people currently live in extreme poverty globally.

511,773,172, the highest of any continent, are resident in Africa; followed by Asia with 134,432,979; South America with 28,476,983; and North and Central America and Caribbean with 11,270,947.

Oceania has 2,859,723 people living in extreme poverty, while Europe has the lowest with only 2,563,283.

The World Poverty Clock uses publicly available data on income distribution, production, and consumption provided by various international organisations.

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