Nigeria no longer holds the title of poverty capital of the world, but still has more than 70 million people living in extreme poverty – the highest in Africa

Nigeria no longer holds the title of poverty capital of the world, but still has more than 70 million people living in extreme poverty - the highest in Africa

In the latest World Poverty Clock data, India has surpassed Nigeria as the nation with the highest number of extremely poor people.

According to the World Poverty Clock (WPC), an online tool that provides real-time poverty data across countries, 83 million Indians now live below the UN’s projected poverty line of $2 in 2022.

In 2018, Nigeria surpassed India as the world’s poverty capital, with around 87 million people living in extreme poverty, compared with India’s 73 million. However, according to the WPC, the latest statistics of Nigerians living in extreme poverty was pegged at (70,677, 758) representing 33 per cent of the population.

The real-time poverty data tool showed that 53 per cent of the Nigerians currently living below the U.N. estimated poverty line are residents in the rural areas. Furthermore, the statistics also showed that males were slightly more affected by extreme poverty in Nigeria than their female counterparts, with the figure standing at around 35 million for males and 34 million for females.

The country with the most people living below the poverty line in Africa is Nigeria, followed by the Democratic Republic of Congo, which has an estimated 67 million poor citizens. Madagascar comes in third with over 21 million poor citizens, followed by Angola with about 18 million poor citizens.

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