Poverty and Inequality in Middle Income Countries by Einar Braathen

Poverty and Inequality in Middle Income Countries by Einar Braathen

Author:Einar Braathen [Einar Braathen, Julian May, Marianne S. Ulriksen and Gemma Wright]
Language: eng
Format: epub
ISBN: 9781783605606
Publisher: Zed Books
Published: 2016-03-10T16:00:00+00:00


TABLE 6.1 Relative poverty headcount from 1980 to 2010

Year

Poverty incidence (millions)

Estimated population (millions)

Population in poverty (millions)

1980

27.2

65

17.1

1985

46.3

75

34.7

1992

42.7

91.5

39.2

1996

65.6

102.3

67.1

2004

54.4

126.3

68.7

2010

69.0

163

112.47

Source: NBS (2011)

There is a progressive increase in the incidence of poverty in the country from 1980, when it was just 27.2 per cent, to 2010, when it reached 69.0 per cent. According to the National Bureau of Statistics, the number of people in the country in absolute poverty is 99.248 million (NBS 2011). Also, the director general of the National Bureau of Statistics, Dr Yemi Kale, was reported as saying that ‘In 2004, Nigeria’s relative poverty measurement stood at 54.4 per cent but increased to 69 per cent or 112.518 million in 2010’ (Punch Newspapers 2012). The unemployment rate is currently at 24 per cent in the country. Unemployment is even more prevalent among the youth (NBS 2011).

Table 6.2 shows the geographical structure of poverty in Nigeria.



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