The
world bank has released a report which shows that Nigeria is in for a more
turbulent economic situation in the years ahead after it predicting that the
poverty rate in Nigeria will increase by 30% in the next few years.
It former places
Nigeria along with other countries with a high poverty rating like India.
Nigeria was described by various critics as the emerging poverty capital of the
world.
Some Nigerians expected
that the economic recovery and growth plan of resident Bhari will help Nigerian
economic get on the right track but it did not, years down the line, their
recent reports have also foretold trouble for the Nigerian economy.
Nigerians have also reacted to the report which placed Nigeria as one of the poorest countries in the world, describing it as a sign that the government of the day has failed.
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