69% Of Nigerians Live Below Poverty Line -OXFAM
The first ever Commitment to Reducing Inequality Index (CRII) regional report. launched today shows 69% of Nigerians are living below poverty line,
The report which also reveals that a small but growing group becomes fantastically rich as a clear majority of the country’s citizens are denied the most essential elements of a dignified life.
This report is inline with the World Poverty Clock released last year June that 86.9 million Nigerians now living in extreme poverty represents nearly 50% of its estimated 200 million population.
At a media briefing and launching of the first ever Commitment to Reducing Inequality Index CRII in Abuja, the OXFAM Interim Country Director,Mr Constant Tchona also said Nigeria ranked 125 out of 145 countries on the gender inequality index.
“To further compound this the Nigerian Legislature is reported to be one of the highest paid in the world, paid to preside over the lives of a large majority of Nigerians living in abject poverty.”
According to him “Although the country’s economy has expanded at an average of 6% every year since 2016 the paradox of growth in Nigeria is that as the country gets richer, more than half of its 200million strong population continue to live in abject poverty.”
He noted that government at Federal and State levels was backing inequality through its public services,such as healthcare. education water and sanitation and women empowerment programs.
According to According to the report, 57 million Nigerians lack access to safe water, over 130 million are without access to adequate sanitation. Nigeria has the highest number of children out of school in Africa – Over 10 million.
Mr Tchona noted that the scale of inequality in Nigeria was such that 75% of registered businesses which include
“Gender inequality affects women’s well being and opportunities thereby robbing the nation of the potential, skills, experiences and contributions of women who constitute half of its population. “he said.
“There is an urgent need to critically examine the culture of governance and break the policies and norms that sustain the concentration of wealth and income at the top, to forestall the self perpetuating cycle of inequality that subjugates many and sustains poverty in Nigeria.”he added.