THANKS TO PRESIDENT JONATHAN FOR TRYING TO INTERPRET FOR US WHAT THE WORLD BANK MEANT ABOUT NIGERIA BEING ONE OF THE POOREST COUNTRIES IN THE WORLD. READ FOR YOUR SELF EXACTLY Poverty ProfileWHAT THE WORLD BANK SAID..... A poverty line of 395 naira (1985 prices) per annum per capita was selected as the poverty line that could consume minimum FAO recommended calories per person per day and a minimal basket of non-food items. This line resulted in 43 percent of poor in 1985 and 34 percent in 1992, showing a decline of 9 percentage points in headcount over a seven year period. However, due to high population growth rates this resulted only in one million less poor people. There were significantly different trends in rural and urban areas; the number of poor in rural areas sharply fell from 26.3 million to 22.8 million, while urban poverty rose from 9.7 million to 11.9 million. Extreme poverty increased nationally from 10 million to 14 million, with a tripling of headcount in urban areas. Income distribution also worsened. If not for worsening income distribution national poverty would have declined by 13.6 percent rather than 8.9 percent. Growth was not equally shared by different parts of the country; growth was fastest in southern and middle agroclimatic zones, with much slower growth in northern states. This resulted in the largest number of poor people in northern regions. Apart from regional characteristics, poverty is strongly influenced by education, age and nature of employment. 79 percent of extreme urban poor and 95 percent of rural poor had only primary schooling or less. Participatory Poverty Assessment (PPA) indicates that poor children increasingly do not attend school as they consider quality of education weak and consider education increasing employment prospects minimal. Of all households, polygamous households experience the greatest depth of poverty, with majority of them in northern and middle zones. Majority of the poor in Nigeria are concentrated in poor communities rather than scattered around.
Posted on: Sun, 06 Apr 2014 23:46:19 +0000
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