70 Million Adult Nigerians Are Poor, Named Jigawa As Poorest State - World Bank

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at 14-05-2013 09:46PM (6 years ago)

(9960 | Hero) (m)

«§» 14 May 2013

The World Bank has revealed that over 70 million Nigerian adults live in Poverty, with Jigawa state having the highest the percentage of poor people.

World Bank Lead Economist, Mr John Litwack, speaking at the media launch of the Nigeria Economic Report (NER) on Monday in Abuja, stated that poverty rates remain high particularly in rural area.

In the report, it was noted that Lagos state had the lowest poverty rate of 22.9 per cent while Jigawa had the highest at 77.5 per cent. The report further showed that poverty is concentrated more in the Northern part of the country as against the South West where the rate of poverty is lowest.

“Enhanced cooperation among the federal and state governments can successfully address all these issues, thereby unlocking enormous potential for growth, job creation, and improvement in the welfare of Nigerian citizens,” the report said.

He insisted that problems in government have hindered the ability of Nigeria to translate its resource wealth into the infrastructure and public services needed for a take-off into sustainable and diversified growth.

Litwack said that to attract foreign investors, it was important that government also tackle the problems of market connectivity and infrastructural deficit.

    “Investors with the potential to set up large scale operations and create jobs will be reluctant to do so if they cannot service a large market. Under these conditions, a number of Nigerian states have limited opportunities to attract significant investors,” he said.

He insisted that problems in government have hindered the ability of Nigeria to translate its resource wealth into the infrastructure and public services needed for a take-off into sustainable and diversified growth.

Speaking at the launch, the World Bank Country Director to Nigeria, Marie Francois Marie-Nelly, said there was need by the government to begin to operate a more stable budget despite volatility in oil prices worldwide.

She urged the government to create a conducive atmosphere for investment to thrive and “the private sector will come in.”



beneno at 14-05-2013 11:00PM (6 years ago)
(25964 | Addicted Hero) (m)

i sawwwwwwwwwww  Roll Eyes
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gbojac at 14-05-2013 11:15PM (6 years ago)
(2296 | Gistmaniac) (m)

We need good commander in chief, not the useless that apply to fulfil their own perverted agenda.....
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papadip at 14-05-2013 11:31PM (6 years ago)
(7128 | Gistmaniac) (m)

Wrong….. Wrong….. Wrong…..

99.999999999% .........are poor…..
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winace at 14-05-2013 11:37PM (6 years ago)
(30152 | Addicted Hero) (f)

Am not surprise. D govt up north dthose not help d citizens. They brainwash them.
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winace at 14-05-2013 11:39PM (6 years ago)
(30152 | Addicted Hero) (f)

Am not surprise. D govt up north those not help d citizens. They brainwash them.
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steve232 at 14-05-2013 11:41PM (6 years ago)
(1417 | Gistmaniac) (m)

 Roll Eyes Roll Eyes
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dlimelite at 14-05-2013 11:50PM (6 years ago)
(13810 | Hero) (f)

OK.....So what are they doing about it.
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EmekaBlue at 15-05-2013 12:41AM (6 years ago)
(4394 | Gistmaniac) (m)

Bad Government ova dere
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Jaylen at 15-05-2013 12:54AM (6 years ago)
(991 | Upcoming) (m)

Bad governance ..
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morgrawl231 at 15-05-2013 03:59AM (6 years ago)
(10405 | Hero) (m)

BAD GOVERNMENT,,,,,POOR RESULT,,,
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WhaleDog at 15-05-2013 04:26AM (6 years ago)
(2062 | Gistmaniac) (m)

Impoverished poverty ravaged north of Nigeria basically unproductive ,less industrialized ,less innovative and therefore waste of federal wealth distribution .Inability of the northern administrators to properly outline and address the region lackluster Society and introduction of vital mechanism of youth empowerment proves the northern presidential fundamental quality as unqualified to govern Nigeria ,the symbolic corrupt practices compounded Nigeria predicament and poverty ratio since it's birth is absolutely a vindication of the fact that does not exclude the northern political player and involvement in poor governance and lack of management .Since the birth of a nation ,they northern leaders presidential leadership outnumbered rest of the geo -political zone in federal state of Nigeria ,known for seizing power by military coup or corrupt electoral ballot process.

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WhaleDog at 15-05-2013 04:55AM (6 years ago)
(2062 | Gistmaniac) (m)

I simply can't understand why they northern politician so desperate pursuing presidential ambition knowing fully they lack the brilliancy for productive and accountability feature .In the best interest of Nigeria it will be wise if northern politician ascribed to agricultural ministry ,transport ministry Nd should be advised to excuse Nigeria presidential position for sometime ,giving the fact that they are ceremonial political leaders and not reformer or sustainable leaders.Nigeria haven't improved under northern leadership instead our colonial infrastructure were left to dilapidated beyond state of repair due to lack of management by nortthern presidential administration .

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WhaleDog at 15-05-2013 05:27AM (6 years ago)
(2062 | Gistmaniac) (m)

Evidence speaks for itself ,northern presidential administration in the past had contribute  little but nothing all along,northern administrator of Nigeria is simply detrimental to the nation economy and overall development.

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etibaba at 15-05-2013 06:34AM (6 years ago)
(4051 | Gistmaniac) (m)

North!

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dickman2 at 15-05-2013 07:06AM (6 years ago)
(34105 | Addicted Hero) (m)

we hear..
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ezchusa at 15-05-2013 08:03AM (6 years ago)
(3651 | Gistmaniac) (m)

ok

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Noble12 at 15-05-2013 08:05AM (6 years ago)
(4817 | Gistmaniac) (m)

Wetin aboki sabi? D only thing aboki sabi do well na to rear cow, born plenty pikin and to terrorize.
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Abusiddiq at 15-05-2013 09:05AM (6 years ago)
(1208 | Gistmaniac) (m)

what can we do about it
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Lekan22 at 15-05-2013 09:20AM (6 years ago)
(6350 | Gistmaniac) (m)

Hmnnnnnnnnnnnnnnnn
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