Rising prices pushed seven million Nigerians below poverty line in 2020 - World Bank

This was contained in a press statement titled, ‘Critical reforms needed to reduce inflation and accelerate the recovery, says new World Bank report,’ released by the World Bank’s Senior External Affairs Officer of Nigeria, Mansir Nasir.It was acknowledged that the Federal Government “took measures to protect the economy against a much deeper recession” but it was recommended that certain policies should be set for a strong recovery.

The statement read, “The NDU, titled ‘Resilience through Reforms,’ notes that in 2020 the Nigerian economy experienced a shallower contraction of -1.8% than had been projected at the beginning of the pandemic . Although the economy started to grow again, prices are increasing rapidly, severely impacting Nigerian households. As of April 2021, the inflation rate was the highest in four years. Food prices accounted for over 60% of the total increase in inflation.

Check that figure well, e pass that 7 million.

But PM.Buhari & his army of lairs celebrated six years of lifting 10.5m people out of porverty or so they said lol. Even the vegetable professor of a Vice president dances and helps to spread lies.

Buhari said he as bring 10m Nigerians out of poverty minus this statistics what is now remaining now

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