Nigeria now country with largest number of poor people in the world!

by Staff writer

Nigeria has overtaken India as the country with the largest number of people living in extreme poverty, according to a new report by the World Poverty Clock.

Nigeria has a population of 198 million with 87 million people living in extreme poverty.

India has a population of 1.3 billion with 73 million living in extreme poverty.

According to World Bank, extreme poverty is defined by the as earning less than a $1.25 a day, as measured in 2005 international prices.

The World Bank estimates that 1.44 billion people live in extreme poverty around the world.

That means more than 6% of the world’s extreme poor currently live in Nigeria.

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