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Covid-19 Plunges 50 % Zimbabweans Into Extreme Poverty - World Bank

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love. ....

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Zimbabwe: Covid-19 Plunges 50 Percent Zimbabweans Into Extreme Poverty - World Bank

Zimbabwe: Covid-19 Plunges 50 Percent Zimbabweans Into Extreme Poverty - World Bank
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INCREASING POPULATION OF POOR NIGERIANS


More Nigerians will be trapped in poverty because of increasing population
Nigeria’s uncontrolled population is becoming worrying as the prospects of poverty reduction in the near future is increasingly becoming a mirage. This was underscored last week at the virtual launch of the 2021 Macroeconomic Outlook of the Nigerian Economic Summit Group (NESG). The World Bank said at the forum that about 15 million to 20 million more Nigerians would be tipped into poverty by 2022. At present, about 100 million people, half the population of Africa’s biggest economy, are already living below the poverty line.
World Bank Senior Economist, Gloria Joseph-Raji, said that the impact of the COVID-19 pandemic on Nigerian economy was hard. Indeed, the country experienced its second and deepest recession in five years since the 1980s in 2020, evidently a fallout of the catastrophic drop in the prices of oil, the country’s main foreign exchange earner. “We consider Nigeria right now t ....

Gloria Joseph Raji , World Bank Senior Economist , National Bureau Of Statistics , World Bank , Presidential Economic Advisory Council , More Nigerians , Nigerian Economic Summit Group , Bank Senior Economist , National Bureau , Poverty Clock Report , Doyin Salami , குளோரியா ஜோசப் ராஜி , உலகம் வங்கி மூத்தவர் பொருளாதார நிபுணர் , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , உலகம் வங்கி , மேலும் நைஜீரியர்கள் , நைஜீரியன் பொருளாதார உச்சிமாநாடு குழு , வங்கி மூத்தவர் பொருளாதார நிபுணர் , தேசிய பணியகம் , பாவர்டீ கடிகாரம் அறிக்கை ,

Implementing economic reforms to tackle poverty


Bola-Audu
Until deliberate policies and reforms are implemented, the plan by the Federal Government to take over 100 million Nigerians out of poverty by 2030 would be another mirage.
 
Analysts are of the view that without the political will and determination to change the status quo, policies and recommendations will only continue to gather dust in government offices with serious consequences for the nation.
 
This is just as the World Bank has projected that the number of poor people in Nigeria will increase by 20 million by 2022. World Bank Senior Economist, Gloria Joseph-Raji, who stated this at the launch of the 2021 macroeconomic outlook report by the Nigeria Economic Summit Group (NESG), said: “We consider Nigeria right now to be at a critical junction in the sense that the achievement of its development goal of lifting 100 million people out of poverty by 2030 was already challenging even before COVID-19 struck, and then COVID-19 has made this even ....

Abuja Federal Capital Territory , Timothy Olawale , Paul Omoijiade , Muhammadu Buhari , Gloria Joseph Raji , Asue Ighodalo , Association Of Senior Civil Servants Nigeria , Lagos Chamber , World Bank Senior Economist , Nigeria Employer Consultative Association , National Home Grown School Feeding Programme , Job Creation Programme , National Bureau Of Statistics , National Social Investment Programme , World Bank , International Labour Organisation , Government Enterprises Entrepreneurship Programme , Nigeria Living Standards , Nigeria Economic Summit Group , Federal Government , Bank Senior Economist , Nigeria Living Standards Survey , National Bureau , N Power Job Creation Programme , Conditional Cash Transfers , Social Housing ,

Poor Nigerians Will Increase By 15 Million Soon, World Bank Says


Poor Nigerians Will Increase By 15 Million Soon, World Bank Says
Nigeria needs to push forward policies that improve the business environment and improve the welfare of the average Nigerian.
by Saharareporters, New York
Feb 03, 2021
Nigeria needs to implement key reforms to get the economy out of the current doldrums and achieve sustainable, inclusive growth, the World Bank and the Chairman of the Presidential Economic Advisory Council, Dr Doyin Salami, have said.
They said this on Tuesday at the virtual launch of the 2021 Macroeconomic Outlook of the Nigerian Economic Summit Group, a private sector-led think-tank.
At the forum, the World Bank said its estimates show that between 15 million and 20 million Nigerians would join the poverty rank by 2022, Punch reports. ....

Gloria Joseph Raji , World Bank Senior Economist , Nigeria Living Standards , World Bank , Presidential Economic Advisory Council , Nigerian Economic Summit Group , Bank Senior Economist , Nigeria Living Standards Survey , குளோரியா ஜோசப் ராஜி , உலகம் வங்கி மூத்தவர் பொருளாதார நிபுணர் , நைஜீரியா வாழும் தரநிலைகள் , உலகம் வங்கி , நைஜீரியன் பொருளாதார உச்சிமாநாடு குழு , வங்கி மூத்தவர் பொருளாதார நிபுணர் , நைஜீரியா வாழும் தரநிலைகள் கணக்கெடுப்பு ,