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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Poverty Rate May Hit 35% — Economic Group (523 Views)
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Nigeria’s Poverty Rate May Hit 35% — Economic Group by agwom(m): 6:28am On Jan 30, 2020 |
The Nigeria Economic Summit Group yesterday projected that the Nigeria’s poverty rate could hit 35 percent if proactive policy measures were not taken by various tiers of government to address the increasingly worrisome unemployment rate in the economy. It also predicted that the nation’s unemployment rate could rise to 16 percent by 2030 based on other assessment parameters, including a $2,700 per capita with the average agriculture share of the GDP. The NESG also projected that the service sector share could hit 54 percent, These micro and macroeconomic projections were contained in the group’s 2020 macro-economic outlook published yesterday. It noted that Nigeria’s economy remained fragile despite the modest recovery it recorded over the past two years. The NESG stressed the urgent need for government to adopt appropriate policy measures to deal with the challenges of bourgeoning population and rural-urban drift of millions of Nigerians. It said Nigeria’s economy would record a 6.4 percent growth by 2030 if current challenges facing business were frontally tackled by the government. Read more: https://www.dailytrust.com.ng/nigerias-poverty-rate-may-hit-35-economic-group.html |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by helinues: 6:30am On Jan 30, 2020 |
May We are still in January.
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Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by peeddy(m): 6:44am On Jan 30, 2020 |
Boko Haram and poverty had been technically been defeated in Nigeria naw. So, where is this poverty coming from? |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by Racoon(m): 6:48am On Jan 30, 2020 |
Nigeria is already the world headquarters of extreme poverty courtesy of the super cluelessness & incompetence of our present government hence no need estimating our poverty grade on a scale. 1 Like |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by Jayrockk: 6:50am On Jan 30, 2020 |
This is what happens when you have an empty brain president |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by Nobody: 7:29am On Jan 30, 2020 |
This statistic should help us prepare for such time but no we are too concern about 2023 |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by TUANKU(m): 7:37am On Jan 30, 2020 |
May? It will surely get there except no be Buhari be president again.
Good thing is even those Buhari apologists will feel the heat. |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by slivertongue: 7:54am On Jan 30, 2020 |
Gmb's incompetence alarming |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by Maxymilliano(m): 8:18am On Jan 30, 2020 |
Suffering and smiling in the face of abject and endemic poverty is already part of our social lives ... |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by GamalNasser: 8:55am On Jan 30, 2020 |
As long a Buhari is the president nothing willl stop it ..Buhari is so inept that if you send him to manage hellfire there will be fire shortages there in months ... |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by TUANKU(m): 9:25am On Jan 30, 2020 |
MrEraser:Funny you haven't erased poverty from your life. |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by GamalNasser: 9:27am On Jan 30, 2020 |
MrEraser: You have only cancelled yourself sir |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by TooMuchStuff: 9:39am On Jan 30, 2020 |
135% or 35% ? Pesin wey dey shout 35% no go enta heaven wallai |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by peeddy(m): 11:17am On Jan 30, 2020 |
MrEraser:So your logic or logical didn't didn't direct your myopic thought towards sarcasm if it failed to reach your expectations |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by Staro: 12:23pm On Jan 30, 2020 |
It's very sad. Nigeria is becoming disgusting Buhari is a curse to this nation |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by Nobody: 12:25pm On Jan 30, 2020 |
The NESG stressed the urgent need for government to adopt appropriate policy measures to deal with the challenges of bourgeoning population and rural-urban drift of millions of Nigerians. Just yesterday, a HOR member brought his 4 wives, 27 children and counting to brag to Nigerians. Its evident, the truck loads of bikes, keke trooping into Lagos everyday is actually what made the LASG ban all that because of the influx of population, which you cant even manage due to porous borders and a certain Governor telling us all Fulanis from around the world are brothers and can choose to stay anywhere alongside a Visa on arrival policy... What the heck is wrong with this country....? |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by 9jatriot(m): 12:43pm On Jan 30, 2020 |
But people are always bragging on Nairaland that they are very rich? Even on our streets, before you start any argument, the next thing you hear is "Do you know who I am?" Abi na Audio big man all of them be? |
Re: Nigeria’s Poverty Rate May Hit 35% — Economic Group by rejoice4eva(m): 12:54pm On Jan 30, 2020 |
The government forklift to lift the poor people in millions out of poverty is either awaiting clearance by the custom or stranded because of the boarder closure. SMH |
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