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poverty
Recently the World Bank stated that by 2022, about 11 million more Nigerians were expected to fall into poverty due to the COVID-19 crisis.
The World Bank also put the financing portfolio approved by its board for Nigeria at about $11.5bn.
The bank disclosed this during its Nigeria Development Update virtual event, which had the theme ‘Rising to the challenge: Nigeria’s COVID-19 response’.
In his presentation at the event, an economist with the bank, Marco Hernandez, stated that before the COVID-19 pandemic, about two million Nigerians were expected to fall into poverty in 2020 as population growth outpaced economic growth.
Info source: World bank journal
This is a terrible situation for this country.
This country is on it’s knees. That is why the level of crime is @ it’s peak.
Nigeria is set back. Not good is here. Just suffering.
This country is dead. God will help us