Description
Poverty is becoming an obvious phenomenon worldwide and in line with Ikoni, poverty is noticeable in all parts of the world but the extent, severity and characteristics of poverty may differ within and across countries. Ajala and Fakoye in Ogbuabor, Malaolu and Elias confirmed that poverty is more pronounced in developing countries such as Sub-Saharan African and South Asia. According to UNDP reports, the human poverty index (HPI) value for Nigeria was 36, ranking 114 out of 135 countries measured. This was in line with Ogbuabor et. al., that 50% of Africa's population lives below the poverty line, while in Nigeria about 70% of the population are poor.
doc_694091249.pdf
Poverty is becoming an obvious phenomenon worldwide and in line with Ikoni, poverty is noticeable in all parts of the world but the extent, severity and characteristics of poverty may differ within and across countries. Ajala and Fakoye in Ogbuabor, Malaolu and Elias confirmed that poverty is more pronounced in developing countries such as Sub-Saharan African and South Asia. According to UNDP reports, the human poverty index (HPI) value for Nigeria was 36, ranking 114 out of 135 countries measured. This was in line with Ogbuabor et. al., that 50% of Africa's population lives below the poverty line, while in Nigeria about 70% of the population are poor.
doc_694091249.pdf