112 Million Nigerians Live Below Poverty Line
No fewer than 112million Nigerians now live below poverty level as global poor hits one billion mark. According to the latest poverty report by the National Bureau of Statistics,
NBS, about 112 million Nigerians (representing 67.1 per cent) of the country’s total population of 167million. Meanwhile as the world yesterday marked International Day for Eradication of Poverty, International Labour Organisatiion, ILO, has raised the alarm that number of poor people in the world has hit the one billion mark. In a statement to mark the occasion, ILO Director-General, Guy Ryder, said though Work should be the best route out of poverty, but 327 million working men and women live in extreme poverty and 967 million in moderate and near poverty. According to him, “These figures, unacceptable as they are, do not relay the deep human cost of poverty, which restricts access to the most fundamental of needs. It robs individuals of their dignity and increases vulnerability to hunger, physical and mental illness, human rights abuses and exclusion.