By David Ugolor
As you already know, the fight against poverty remains one of our society’s most pressing challenges today, particularly in regions where a substantial portion of the population live in abject poverty. Current data from the World Poverty Clock, has pegged the number of extremely poor Nigerians at 71 million. Nigeria, with its 213.4 million-strong population, faces this stark reality.
Approximately 63 per cent (133 million people) live in multidimensional poverty according to National Bureau of Statistics data, experiencing a range of deprivations that underscore the urgency of robust intervention. Certainly, the sudden removal of fuel subsidy only increases these numbers exponentially as the cost of living is at a very worrisome level, one of the worst since Nigeria gained independence in 1960.
