Research Document: NESG 2019 Poverty & Inequality Alert

Alerts and Uploads

Posted Wed, May 13, 2020 7:35 AM

Nigeria's poverty headcount is now 40.1 % , with a higher incidence in rural settlements.

According to the 2018-19 Nigeria Living Standards Survey (NLSS) conducted by the National Bureau of Statistics (NBS) in collaboration with the World Bank, absolute poverty headcount ratio stood at 40.1% in 2019. This implies that the incidence of poverty is such that 4 out of 10 individuals are said to be poor. The current poverty rate ultimately translates to 83 million individuals that live below the poverty line, thus, are considered poor. This segment of the country’s total population failed to meet the minimum consumption expenditure threshold (or national poverty line) estimated at N137,430 ($449.3) per annum or N376.52 ($1.23) per day. A further breakdown of the poverty statistics showed that poverty is prevalent in rural settlements (52.1%) than in urban centres (18%).

Find a report

Quick Links

Say Hello

info@nesgroup.org

Call Us

+234 1 2952849, 2952003

On Location

Quick Links

Email Us

info@nesgroup.org

Call Us

+234 1 2952849, 2952003

Find Us

© 2025 Nigeria Economic Summit Group.
All rights reserved.
All text, graphics, audio files, code, downloadable material, and other works on this web site are the copyrighted works of the Nigerian Economic Summit Group (NESG).

All text, graphics, audio files, code, downloadable material, and other works on this web site are the copyrighted works of the Nigerian Economic Summit Group (NESG).

Research Document: NESG 2019 Poverty & Inequality Alert

Nigeria's poverty headcount is now 40.1 % , with a higher incidence in rural settlements.

Find a report

By title / keyword

By category

By year of publication