Advertisement

UN: 98m Nigerians now living in multidimensional poverty

UN: 98m Nigerians now living in multidimensional poverty
July 12
13:21 2019
Advertisement

The United Nations Development Programme (UNDP) says slightly over 98 million Nigerians are living in multidimensional poverty.

Multidimensional poverty is the measure of lack which encompasses the various deprivations experienced by poor people in their daily lives – such as poor health, lack of education, inadequate living standards, disempowerment, poor quality of work, the threat of violence, and living in areas that are environmentally hazardous, among others.

According to the new report seen by TheCable, only 46 percent of Nigerians are poor, when poverty is measured based on income. However, when other dimensions are considered, more than 50 percent of the country are poor.

The new report by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) shows that labelling countries — or even households — as rich and poor is an oversimplification.

“For instance, in Nigeria, even though the national average shows that around 50% of Nigeria are multidimensionally poor, state and local government levels will reveal a completely different scenario – higher or even lower levels,” UNDP said via a press statement.

The report identifies how people are being left behind across three key dimensions: health, education and standard of living, comprising 10 indicators.

People who experience deprivation in at least one-third of these weighted indicators fall into the category of multidimensionally poor.

Of the 1.3 billion people who are multidimensionally poor, more than two-thirds of them—886 million—live in middle-income countries.

Half of the 1.3 billion multidimensionally poor people are children under age 18. A third are children under age 10.

Out of the 10 selected countries — including Nigeria — for which changes over time were analysed, India and Cambodia reduced their MPI values the fastest—and they did not leave the poorest groups behind.

RECEIVE ALERTS FROM THECABLE

WHATSAPP 08113975334
TWITTER @thecableng
Copyright 2019 TheCable. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from TheCable.
Advertisement

Social Comments

0 Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Write a Comment

Your email address will not be published.
Required fields are marked *

*

Advertisement

Exchange Rates

October 30, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement