Nigeria Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! === Poverty === {{Main|Poverty in Nigeria}} According to the [[International Monetary Fund]], 32% of Nigeria's population lives in extreme poverty (as of 2017), living on less than US$2.15 a day.<ref>{{Cite web |title=Poverty headcount ratio at $2.15 a day (2017 PPP) (% of population) - Nigeria {{!}} Data |url=https://data.worldbank.org/indicator/SI.POV.DDAY?end=2017&locations=NG&start=1985 |access-date=2022-10-12 |website=data.worldbank.org}}</ref> The [[World Bank]] stated in March 2022 that the number of poor Nigerians had increased by 5 million to 95.1 million during the Covid period.<ref>{{Cite web |last=Olawoyin |first=Oladeinde |date=2022-03-30 |title=Number of poor people in Nigeria to reach 95 million in 2022 β World Bank |url=https://www.premiumtimesng.com/news/headlines/520849-number-of-poor-people-in-nigeria-to-reach-95-million-in-2022-world-bank.html |access-date=2022-10-12 |website=Premium Times Nigeria |language=en-GB}}</ref> Accordingly, 40% of Nigerians live below the poverty line of US$1.90 as handled by the World Bank.<ref>{{cite web |title=Nigeria Poverty Assessment |url=https://www.worldbank.org/en/news/press-release/2022/03/21/afw-deep-structural-reforms-guided-by-evidence-are-urgently-needed-to-lift-millions-of-nigerians-out-of-poverty |access-date=2022-10-12 |publisher=World Bank}}</ref> The threshold amounts used internationally by the IMF and the World Bank do not take into account the local purchasing power of a US dollar.{{citation needed|date=November 2022}} The methodology is therefore not without controversy.<ref>{{cite news |title=Perspective {{!}} The official U.S. poverty rate is based on a hopelessly out-of-date metric |language=en-US |newspaper=The Washington Post |url=https://www.washingtonpost.com/outlook/2019/09/16/official-us-poverty-rate-is-based-hopelessly-out-of-date-metric/ |access-date=2022-10-12 |issn=0190-8286}}</ref><ref>{{cite web |title=SOLVED:Why is it difficult to determine a universal poverty threshold? |url=https://www.numerade.com/questions/why-is-it-difficult-to-determine-a-universal-poverty-threshold/ |access-date=2022-10-12 |website=numerade.com}}</ref> Despite the undoubted existence of slums in Nigeria, for example, the fact that 92% of men and 88% of women in Nigeria own a mobile phone<ref>{{cite web |date=2022-06-26 |title=92% of Nigerian adult males own mobile device, says GSMA |url=https://punchng.com/92-of-nigerian-adult-males-own-mobile-device-says-gsma/ |access-date=2022-10-12 |website=Punch Newspapers |language=en-US}}</ref> is difficult to reconcile with the poverty percentages published by the IMF and the World Bank. Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page