Nigeria has recorded the highest global increase in multidimensional poverty, with an additional 17.9 million people falling into this state of deprivation between 2021 and 2024. The figure was revealed in a new report released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).
The report highlights a significant deterioration in the living standards of a substantial portion of the population over the three-year period. This surge represents the largest single-country increase in multidimensional poverty recorded worldwide, marking a critical setback for the nation’s development goals.
Global Context
While multidimensional poverty affects millions globally, the scale of the recent rise in Nigeria distinguishes it from other nations. The data underscores the severity of the economic and social challenges facing the country, which is Africa’s most populous nation. The findings serve as a stark indicator of the depth of deprivation experienced by vulnerable communities during this timeframe.
The assessment by the UNDP and OPHI provides a comprehensive view of poverty that goes beyond income measures, capturing various dimensions of human deprivation. By identifying the specific magnitude of the increase, the report aims to inform policy responses and international aid strategies targeted at reversing these trends.
Stakeholders and policymakers are now expected to address the findings to mitigate the impact on the 17.9 million newly affected individuals. The report stands as a key reference point for understanding the current humanitarian and economic landscape in Nigeria.
<small>Source: AllAfrica Nigeria — read the original story there.</small>
