Poverty levels in Nigeria are expected to worsen significantly over the next two years, with as many as 141 million Nigerians, representing about 62% of the population, projected to be living in poverty by 2026, according to PricewaterhouseCoopers (PwC). The projection is contained in PwC’s Nigeria Economic Outlook 2026, released yesterday titled: ‘Turning Macro-economic Stability into Sustainable Growth’, which warns that recent policy adjustments aimed at stabilising the economy are yet to translate into tangible welfare gains for households. PwC noted that weak real income growth, combined with persistently high…
Read More‘Over 140m Nigerians may become poorer by December’ – PwC
