Tuesday, February 14, 2012

BBC News - Nigerians living in poverty rise to nearly 61%

BBC News - Nigerians living in poverty rise to nearly 61%: "Poverty has risen in Nigeria, with almost 100 million people living on less than a $1 (£0.63) a day, despite economic growth, statistics have shown.

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."

'via Blog this'

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