“It’s time for West African governments to act decisively to strengthen this commitment. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. It could be higher or lower. Tchona said that the index measures, compares and ranks West African governments’ commitment on three pillars – Public spending, taxation and labour markets. Technical Feedback: whatsapp 08023469027 We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Interesting development! Please try again later. Reflecting on the unemployment situation, Adeniyi stated: “As at Q3’19, the unemployment rate was reported at 23.1 per cent , under –employment rate 20.1 per cent, and the combined unemployment and underemployment rate , 43.3 percent. “West African governments must promote progressive taxation, boost social spending, strengthen labour market protection, invest in agriculture and strengthen land rights for smallholder farmers. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Similarly, Adama Coulibaly, Regional Director of Oxfam in West Africa, noted that the report also presented an ambitious policy agenda to address inequality in Nigeria both for the Federal Government and for ECOWAS. Next level poverty. To address comments or complaints, please Contact us. In other words, on average, four out of 10 individuals in Nigeria has real per capita expenditures below N137,430 ($352) per year,” it added. 6 of the top 13 countries by population below poverty line are Landlocked. Haiti has had the highest population below poverty line since 2002. He noted that the organisation released the index ahead of “According to the report, 57 million Nigerians lack access to safe water, over 130 million are without access to adequate sanitation. Tchona said that the index measures, compares and ranks West African governments' commitment on three pillars - public spending, taxation and labour markets. NOTE: The information regarding Population below poverty line (%) on this page is re-published from the CIA World Factbook 2020. 138Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland. Over-population of the North which is fuelling destitution and insecurity in the country must be confronted headlong. (NAN), Netherlands buys 47% of Nigeria’s cocoa – Awolowo, Ruga, politics: Lessons for the North – By Abdulyassar Abdulhamid, Osinbajo assures Lekki shooting victims, others of justice, EndSARS: IGP Adamu Effects Removal of Policemen From VIPs. The report, according to him, also includes a regional analysis of agriculture and land rights. For example, rich nations generally employ more generous standards of poverty than poor nations. . Government needs to purge the entire public service of corruption for investors to take the country seriously.”, While proffering solutions to the projected surge in poverty, the World Bank Group President, David Malpass said: “In order to reverse this serious setback to development, progress and poverty reduction, countries will need to prepare for a different economy post-COVID, by allowing capital, labour, skills, and innovation to move into new businesses and sectors. Specifically, the World Bank estimated that the pandemic would push an additional 88 million to 115 million people into extreme poverty this year, with the total rising to as many as 150 million by 2021, depending on the severity of the economic contraction. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Population below poverty line: 70% (2010 est.) Oxfam is an international confederation of 20 NGOs working with partners in over 90 countries to end the injustices that cause poverty. So the poverty level for a family of four would be US$19,350. To get an idea of where one country’s poor stand in relation to another’s, comparisons would have to be made in purchasing power parity. According to him, inequality is at crisis levels in West Africa, yet these governments are less committed to reducing inequality than the rest of the continent. To complete the process, please follow the instructions in the email we just sent you. the High-level Political Forum (HLPF) on Sustainable Development in New York commencing on Tuesday. Mental slavery is a curse. 69% of Nigerians are living below poverty line-Report By Felicia Imohimi On Jul 9, 2019 Oxfam, an International organisation, says about 69 per cent the Nigerian population lives below poverty level. We also call on ECOWAS to provide more funding to the agricultural sector on one hand and implement policies that will encourage fair taxation for corporations. All rights reserved. Nigeria: 69 Percent of … It seems that the target of this robbery is to stop the efforts we are making to mass produce the first ever locally mad... Denrele Animasaun Never be afraid to raise your voice for honesty and truth and compassion against injustice and lying a... 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