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Nigeria Overtakes India as Country with the Most Number of Extremely Poor People



A report by the Brookings Institution, a nonprofit public policy organization in USA, has placed Nigeria tops on the list of countries with people living in extreme poverty.

According to the report, Nigeria has overtaken India which used to be first on the list, with a population of 1.324 billion people as against Nigeria’s 200 million. This means that people living in extreme poverty in Nigeria increases by six every minute.

The report which is titled ‘The Start of a New Poverty Narrative’, reads:

“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 (Figure 1 below).

“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.”

More so, the report predicted that by the end of 2018, there would be 3.2 million extremely poor people living in Africa.

“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 are 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.”

The report added that the Sustainable Development Goals which the United Nations envisaged to end poverty, may not be feasible.

I“Between January 1, 2016 — when implementation of internationally agreed Sustainable Development Goals (SDGs) started — and July 2018, the world has seen about 83 million people escape extreme poverty,” it stated. “But if extreme poverty were to fall to zero by 2030, we should have already reduced the number by about 120 million, just assuming a linear trajectory. To get rid of this backlog of some 35 million people, we now have to rapidly step up the pace.”

See the list of top 10 extremely poor countries below.

Nigeria leads with 86.9 million people and is closely followed by D.R Congo with 60.9 million people.

Ethiopia is next with 23.9 million people, followed by Tanzania with 19.9 million.

Mozambique comes next with 17.8 million while Kenya has 14.7 million people living in extreme poverty.

The least four are Uganda, South Africa, South Sudan and Zambia with 14.2, 13.8, 11.4 and 9.5 respectively.