88.4 million people in Nigeria live in extreme poverty
Temitope Fadeshemi, Permanent Secretary of the Nigerian Ministry of Agriculture and Food Security, emphasized in a statement that the poverty level in the country is alarming.
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Stating that an estimated 88.4 million people in the country live in extreme poverty, Fadeshemi noted that as of 2022, 12.9 percent of the global population living in extreme poverty was in Nigeria.
Conveying that the government has taken significant steps to combat poverty in the country, Fadeshemi stated that the government has organized various programs in cooperation with farmers.
POSSESSES RICH OIL AND NATURAL GAS RESERVES
In Nigeria, which possesses the African continent's rich oil and natural gas reserves, issues such as income inequality and attacks by Boko Haram and armed gang members negatively affect the country's economy.
Due to the economic crisis and security problems, some Nigerians living under difficult conditions in their country are attempting to reach Europe through illegal means in the hope of a better life.