Rising revenues, deepening poverty: Nigeria’s self-contradictory reform path
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By MOSHOOD OSHUNFUREWA
The National Bureau of Statistics, NBS, in its 2022 latest report on the National Multidimensional Poverty Index Report, finds that 62.9 per cent of Nigerians are multi-dimensionally poor, approximately 132.93 million citizens deprived across health, education, living standards, work and nutrition. The World Bank has since confirmed that poverty rose to 63 per cent in 2025, trapping about 140 million people in hardship. These numbers are not mere statistics. The reality
The National Bureau of Statistics, NBS, in its 2022 latest report on the National Multidimensional Poverty Index Report, finds that 62.9 per cent of Nigerians are multi-dimensionally poor, approximately 132.93 million citizens deprived across health, education, living standards, work and nutrition. The World Bank has since confirmed that poverty rose to 63 per cent in 2025, trapping about 140 million people in hardship. These numbers are not mere statistics. The reality
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