NIGERIA IS NOT THE POVERTY CAPITAL OF THE WORLD

, Magazine

 

The report on Nigeria Poverty Index which was purportedly a World Bank Rating is adjudged to be false. This was revealed by Maryam Uwais, the Senior assistant to the president on social investment programme.

Uwais mentioned that the World Bank Rating on Nigeria Poverty Index wasn’t a report done by the World Bank rather by the World Poverty Lab.

She exposed that the lab was questioned and found out to have used 2012 statistical data, with indicators such as area survey, electricity, the position of energy, vehicle parks, and some others, as its index for the rating.

“We have actually invited them to come back to do an analysis of what is happening now and it is important to use other issues that are more relevant to Nigerian in terms of developing countries, in terms of consumption.

“We know that it is not about cars or electricity, it’s about consumption, income, malnutrition are indicators of poverty rather than what is utilised.”

Uwais said poverty in Nigeria can best be measured using the multidimensional poverty index rather than a focus on income and consumption.