As said before, poverty in Nigeria is mostly rural. Macroeconomic shocks tend to affect rural areas much more than cities. Poverty, for example, is expected to decline by more than 40% in cities, but it is to increase by over 7% in rural areas. read more
Nigeria has one of the world's highest economic growth rates, averaging 7.4% according to the Nigeria economic report released in July 2014 by the World Bank. Poverty still remains significant at 33.1% in Africa's biggest economy. read more