Tag Archives: population

Nigeria 40% population in poverty

Nigeria National Bureau of Statistics (NBS), in a report monitoring poverty and inequality from September 2018 to October 2019, said 40% of people in the country lived below its poverty line of 137,430 naira ($381.75) per year. It signifies that it represents 82.9 million people of the most populaous country in Africa.

Nigeria is the top oil exporter in Africa, which has generated wealth related to crude sales that account for more than half of government revenue. But a failure to diversify the economy and build much needed transport and power infrastructure has retained growth and the spread of wealth beyond a rich elite.

Rapid population growth exceeds economic growth, which stands at around 2%. The United Nations (UN) estimates that Nigeria will have a population of 400 million ihnabitant by 2050.

Nigeria was already struggling to shake off the impact of a 2016 recession before the new coronavirus pandemic hit economies worldwide.

Nigeria is a multi-ethnic and culturally diverse federation which is formed by 36 autonomous states and the Federal Capital Territory.

Inequality in terms of income and opportunities has been progressing rapidly and has affected poverty reduction. The North-South divide has widened in recent years due to the Boko Haram insurgency and a lack of economic development in the northern part of the country.

Large pockets of Nigeria’s population still live in extreme poverty, without adequate access to basic services, and could benefit from more inclusive development policies. The lack of job opportunities is at the core of the high poverty levels, of regional inequality, and of social and political unrest in the country.

#EDD: No One Behind!

This year’s European Development Days (EDD), Europe’s premier forum for international cooperation and development, will take place on 18 & 19 June 2019 in Brussels. The title of this year’s event is “Addressing inequalities: building a world which leaves no one behind.”

The European Development Days (EDD) highlight Europe’s commitment to building a sustainable and fairer world. The forum builds on the core belief that cooperation is key to achieving real change towards a poverty-free and sustainable world where everyone has the prospect of a decent life. An essential aim is thus to inspire the desire to work together in a spirit of true partnership through facilitating networking.
This year the EDD will focus on promoting inclusiveness and equality as a catalyst for progress towards global sustainable development.
The EDD 2019 will examine and discuss the goals of the 2030 Agenda and the EU’s
commitment to addressing inequalities.
The EDD 2019 forum – addressing inequalities: building a world which leaves no one behind – will be structured around the three main themes: Why inequalities matter for sustainable development; understanding the structural causes of inequalities; Working better together through more effective policies to address inequalities; and the 5 “Ps” of the 2030 Agenda: People, Planet, Prosperity, Peace, Partnership.”

Everyone is given a voice in this open, collaborative and inclusive platform. Each year, the global development community is invited to contribute directly to the official EDD programme by proposing activities and sessions.
Each year, the forum attracts more than 8 000 participants from over 140 countries worldwide, representing 1 200 organisations from the development community.”

The forum fosters a true spirit of partnership with all development actors. Since its launch in 2006, the forum has been an incubator of new ideas to bring about real change towards a poverty-free, sustainable and fairer world, where everyone has the opportunity for a decent life.