World Poverty Clock: Nigeria has the highest poverty rate in the world

THE NEWSGHOST, NIGERIA – Nigeria, an African nation with a total population of about 196,000,000, is reported to be having a poverty rate of about 44.2% at the moment. This data comes from World Poverty Clock, a tool that shows real-time estimates of people living in extreme poverty all over the world. This percentage of poor people amounts to about 86 million individuals.

The statistics is based on people living on less than $1.5 dollar a day. This also means that Nigeria has the highest number of poor people in the whole world.

There is also a significant increase in the number of poor people in comparison to the last year’s report by World Poverty Clock. The figure last year was 76 million. With this data, it is projected that Nigeria will have over 100 million people living on less than $1.5 dollar a day by 2030.

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