Congratulations! Nigeria Now Declared The Poorest Capital In The World, After Beating India

Date: 25-06-2018 6:50 pm (5 years ago) | Author: kacy lee
- at 25-06-2018 06:50 PM (5 years ago)
Online (f)

On a rather negative note, Nigeria has taken over as the nation with the highest number of extremely poor people, according to a report by Brookings Institution.

India, with a population of 1.324 billion people, had held the unenviable position until this latest report confirming Nigeria, with a population of under 200 million as the new poverty capital.

The report claims the number of Nigerians in extreme poverty increases by six people every minute, TheCable writes.

“According to our projections, Nigeria has already overtaken India as the country with the largest number of extreme poor in early 2018, and the Democratic Republic of the Congo could soon take over the number 2 spot.

“At the end of May 2018, our trajectories suggest that Nigeria had about 87 million people in extreme poverty, compared with India’s 73 million. What is more, extreme poverty in Nigeria is growing by six people every minute, while poverty in India continues to fall.

“In fact, by the end of 2018 in Africa as a whole, there will probably be about 3.2 million more people living in extreme poverty than there is today.

“Africans account for about two-thirds of the world’s extreme poor and that if current trends persist, Africa will account for nine-tenths by 2030.

“Fourteen out of 18 countries in the world—where the number of extreme poor is rising—are in Africa.”

This comes after a report in March by the International Monetary Fund which claims Nigerians were getting poorer, calling for coherent and comprehensive economic reforms.


Posted: at 25-06-2018 06:50 PM (5 years ago) | Addicted Hero
- ajanni at 25-06-2018 06:52 PM (5 years ago)
(m)
Bloody lie
Posted: at 25-06-2018 06:52 PM (5 years ago) | Grande Master
Reply
- Mykie010 at 25-06-2018 07:01 PM (5 years ago)
(m)
Buhari has brought killings, hunger, hatred, nepotism and clannishness to Nigeria
Posted: at 25-06-2018 07:01 PM (5 years ago) | Gistmaniac
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- chukkychukky at 25-06-2018 07:13 PM (5 years ago)
(m)
Jonathan's economy was d best in africa but buhari's has the poorest people in the world

Posted: at 25-06-2018 07:13 PM (5 years ago) | Gistmaniac
Reply
- crocatum at 25-06-2018 08:10 PM (5 years ago)
(m)
Buhari is causing a lot of suffering, hardship, and disasters, can you state the reasons why he should even think of campaigning again.
Posted: at 25-06-2018 08:10 PM (5 years ago) | Gistmaniac
Reply
- osarobo62 at 25-06-2018 08:24 PM (5 years ago)
(m)
IMF want's to blackmail Nigeria into taking more loans
Posted: at 25-06-2018 08:24 PM (5 years ago) | Hero
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- slimber at 25-06-2018 09:04 PM (5 years ago)
(f)
Nah waaa but why Buhari God is watching kontinue
Posted: at 25-06-2018 09:04 PM (5 years ago) | Hero
Reply
- oloche1984 at 25-06-2018 11:19 PM (5 years ago)
(m)
congratulations Nigeria!!!
Posted: at 25-06-2018 11:19 PM (5 years ago) | Upcoming
Reply
- Jonso at 26-06-2018 12:22 AM (5 years ago)
(m)
Nigeria, as a country, cannot be a capital because the word capital refers to a city in a country.
Posted: at 26-06-2018 12:22 AM (5 years ago) | Upcoming
Reply
- mgiwa6 at 26-06-2018 01:34 AM (5 years ago)
(m)
Result of years of bad leadership, economic mismanagement, unqualified people at the helm of powers and corruption.
Posted: at 26-06-2018 01:34 AM (5 years ago) | Upcoming
Reply
- OmosetanOmorele at 26-06-2018 01:56 AM (5 years ago)
(m)
Over to you, Daddy Freeze
Posted: at 26-06-2018 01:56 AM (5 years ago) | Upcoming
Reply
- Deprince3 at 26-06-2018 08:31 AM (5 years ago)
(m)
THAT'S THE TRUTH, IF BUHARI AND HIS GOVERNMENT LIKE LET THEM BE PEDDLING LIES
Posted: at 26-06-2018 08:31 AM (5 years ago) | Upcoming
Reply
- E2power3 at 26-06-2018 09:20 AM (5 years ago)
(m)
Anyone that has doubts about this report should go to Brookings.edu to read the full version for themselves.

It will help them to see for themselves where Buhari/APC have taken Nigeria and Nigerians to!
Posted: at 26-06-2018 09:20 AM (5 years ago) | Newbie
Reply
- fineboy77 at 26-06-2018 10:21 AM (5 years ago)
Online (m)
what an achievement

Posted: at 26-06-2018 10:21 AM (5 years ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

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