India has overtaken Nigeria as the nation with the highest number of people living in extreme poverty.
Gatekeepers News reports that the World Poverty Clock (WPC) made this known in its recent data, considering the economic effect of the COVID-19 pandemic.
According to its data, extremely poor people are those living on N800 per day (less than $2 per day).
Nigeria had in 2018 held the position with about 87 million people in extreme poverty, compared with India’s 73 million.
The new data however noted that about 83 million Indians have been plunged into extreme poverty in 2022, representing 6 percent of the country’s population which stands at 1.3 billion.
For Nigeria, WPC said 70 million people are living in extreme poverty, representing 33 percent of Nigeria’s over 200 million people.
National Bureau Of Statistics (NBS), 2020, said more than 80 million Nigerians live in extreme poverty (on a dollar per day).
The World Poverty Clock is an online tool that monitors the progress against poverty globally and regionally and provides real-time poverty data across countries.
