Nigeria ranks 2nd after India on number of extremely poor people

According to an online tool “World Poverty Clock” (WPC) that monitors the progress against poverty globally and regionally and provides real-time poverty data across countries, India has surpassed Nigeria as the nation with the highest number of extremely poor people.

According to WPC, extremely poor people are persons living on N800 per day (less than $2 per day).

Nigeria held the position since 2018 with about 87 million people in extreme poverty, compared with India’s 73 million.

With a population of about 1.3billion, the latest statistics indicate that about 83 million Indians about 6 percent of total population now live in extreme poverty in 2022.

According to WPC Nigeria ranks 2nd, with about 70 million people living in extreme poverty, representing 33 percent of Nigeria’s over 200 million people.