World Bank: 139 Million Nigerians Drowning In Abject Poverty
October 10, 2025
5:19 pm
World Bank—Global lender warns that Nigeria’s economic reforms risk losing momentum unless they translate into real gains for millions facing hardship.
The World Bank has warned that about 139 million Nigerians are now living in poverty, despite early signs of progress from the government’s economic reforms. The bank cautioned that unless these reforms lead to visible improvements in people’s lives, the gains could quickly erode.
The warning came on Wednesday during the launch of the World Bank’s October 2025 Nigeria Development Update (NDU), titled “From Policy to People: Bringing the Reform Gains Home.” The event, held in Abuja, reviewed …
