Nigerians living in poverty - Report
Published:Monday | February 13, 2012 | 3:05 PM
The National Bureau of Statistics is reporting that despite economic growth, poverty has risen in Nigeria, with almost 100 million people living on less than a $1 a day.
According to the Bureau, 60.9 per cent of Nigerians were living in absolute poverty in 2010 compared with 54.7 per cent in 2004.
The bureau has predicted that this rising trend is likely to continue.
According to the report, absolute poverty is measured by the number of people, who can afford only the bare essentials of shelter, food and clothing.
Nigeria is Africa's biggest oil producer but the sector has been tainted by accusations of corruption.