Tag: Poverty

  • WORLD BANK REPORT NOTES 139 MILLION NIGERIANS LIVING IN POVERTY DESPITE REFORM GAINS

    WORLD BANK REPORT NOTES 139 MILLION NIGERIANS LIVING IN POVERTY DESPITE REFORM GAINS

    ‎ World Bank has urged Nigeria to ensure that the benefits of recent macroeconomic reforms translate into real improvements in citizens’ living standards, as approximately 139 million Nigerians remain in poverty. Nigeria’s reforms, including removing petrol subsidies and unifying exchange rates, have stabilized the economy and improved revenues, foreign exchange markets, reserves, and inflation. However,…

  • NLC THREATENS MASS ACTION OVER INCREASING RATE OF POVERTY, INSECURITY

    NLC THREATENS MASS ACTION OVER INCREASING RATE OF POVERTY, INSECURITY

    ,

    Nigeria Labour Congress (NLC) has threatened a nationwide protest over rising insecurity, poverty, and the high cost of living. In a statement, NLC condemned the government’s failure to secure lives and property, citing nearly 700,000 deaths from insecurity in a year and warning of potential famine due to farmers’ inability to access land. The Congress…