Nigeria Poverty Assessment 2022
POVERTY REDUCTION IN NIGERIA WAS STAGNATING EVEN BEFORE
COVID-19, IN PART DUE TO THE STRUCTURE OF ECONOMIC GROWTH
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Estimated poverty trends in Nigeria, 2010-2019
Poverty headcount rate (percent)
30
20
10
3425222515
40
0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
-Back-cast
◆ Survey-to-survey imputation
2018/19 NLSS official poverty rate
Note: Estimates exclude Borno. Poverty rate calculated using the international poverty line of 1.90 USD 2011
PPP per person per day. Further details on back-casting and survey-to-survey imputations provided in Lain,
Schoch, and Vishwanath (2022). Back-casting and imputations required due to lack of comparability between
the 2009/10 HNLSS and the 2018/19 NLSS.
Source: GHS, 2018/19 NLSS, and World Bank calculations.
NIGERIA
THE WORLD BANK
IBRD ⚫IDA | WORLD BANK GROUP
•
.
Specialized statistical techniques suggest that
poverty declined slowly in the first half of the
2010s, but this reversed after the 2016 recession
hit
When Nigeria was growing, richer Nigerians
appeared to benefit more; their fortunes waxed and
waned with economic growth more than the fate of
the poor
This begs a key question: why might living
standards be delinked from growth in Nigeria?
Could the labor market influence the structure of
growth?
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