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Development

Number of Poor Persons in Nigeria to Rise to 95.1 Million in 2022

A World Bank report has noted that the number of poor persons in Nigeria will rise to 95.1 million in 2022. The number of poor people was 89.0 million in 2020 and would be 95.1 million in 2022. This would mean that 6.1 million more persons would have fallen beneath the poverty line between 2020 and 2022, a 6.7% increase.