Nigeria: Despite Economic Growth, 40 Percent of Nigerians Still Live Below Poverty Line

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Nigeria: Despite Economic Growth, 40 Percent of Nigerians Still Live Below Poverty Line
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Minister of Budget and Economic Planning, Senator Abubakar Bagudu, yesterday, said in spite of the country's significant strides in economic growth in recent times, millions of Nigerians still experienced multidimensional poverty.

Minister of Budget and Economic Planning, Senator Abubakar Bagudu, yesterday, said in spite of the country's significant strides in economic growth in recent times, millions of Nigeria ns still experienced multidimensional poverty.

The minister said Nigeria's MPI brought many concerns together into one headline measure and focused on people who were being left behind in multiple Sustainable Development Goals at the same time. He said by"leveraging the MPI, we can craft informed, targeted, and effective policies that address the root causes of poverty and promote sustainable development.

The index remains a transformative tool that goes beyond traditional income-based measurement of poverty. Adeniran said the MPI will also ensure that policymakers had the tools they needed to succeed in tackling multidimensional poverty amid current efforts in the fight against poverty.There was a problem processing your submission. Please try again later.

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