The Nigerian newspaper This Day Live has published an article on the Global Multidimensional Poverty Index (MPI) 2014. The Global MPI briefing for Nigeria was referenced by former minister of the National Planning Commission Dr. Shamsuddeen Usman, who delivered a keynote address in Abuja at the 25th anniversary lecture of the Nigeria Deposit Insurance Corporation. Usman noted that policymakers need to empathise and have a feel of what poverty really is in order to design effective alleviation programmes.
The Global MPI, calculated by OPHI in June 2014, revealed that 43.3 per cent of the Nigerian population are multidimensionally poor, including 25.3 per cent who live in severe poverty. A further 19.3 per cent of the population are vulnerable to poverty. The findings also showed that 57.5% of those living in rural areas are multidimensionally poor.
Read the full article published by This Day Live: ‘New Oxford Report Puts Nigeria’s Poverty rate at 43.3%’.