Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Again, Shariah Council Clarifies Call For INEC Chairman’s Removal, Denies Religious Bias
    • Alawuba Advocates Security, Bankable Projects, Infrastructure Development To Promote South-East Vision
    • IPOB Orders Total Cancellation Of Sit-At-Home In South East
    • Road Accident Claims Over 30 Lives In Kano, Governor Yusuf Mourns
    • NLC Threatens Protests Over ‘Confusion’ In Electronic Election Rules
    • Three Children Abducted In Ebonyi, Police Begin Investigation
    • 17-Year-Old SS3 Student Killed By Classmates In Yobe
    • Iran, Beware The Fangs Of January, The Scourge Of February, The Ides Of March (3) – By Dr Hassan Gimba
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      Again, Shariah Council Clarifies Call For INEC Chairman’s Removal, Denies Religious Bias

      February 9, 2026

      IPOB Orders Total Cancellation Of Sit-At-Home In South East

      February 9, 2026

      Road Accident Claims Over 30 Lives In Kano, Governor Yusuf Mourns

      February 9, 2026

      NLC Threatens Protests Over ‘Confusion’ In Electronic Election Rules

      February 9, 2026

      Three Children Abducted In Ebonyi, Police Begin Investigation

      February 9, 2026
    • COLUMN

      Iran, Beware The Fangs Of January, The Scourge Of February, The Ides Of March (3) – By Dr Hassan Gimba

      February 9, 2026

      Electoral Transparency In Reverse Gear – By Dr Dakuku Peterside

      February 9, 2026

      Nigeria As A Killing Field – By Kazeem Akintunde

      February 9, 2026

      Tinubu Should Apologise For Ignoring Abuja @ 50 – By Martins Oloja

      February 9, 2026

      The Almajiri Problem Is Neglect, Not Culture – By Hafsat Salisu Kabara

      February 9, 2026
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Hamas Leader Rejects Disarmament While Israeli Occupation Of Gaza Continues

      February 9, 2026

      Iran Sentences Nobel Laureate, Mohammadi To Seven More Years In Prison

      February 9, 2026

      Gaza Struggles For Clean Water, Hamas Says Ceasefire ‘Meaningless’

      February 7, 2026

      Bill, Hillary Clinton Want Public Epstein Testimony

      February 7, 2026

      Elderly Palestinians Determined To Stay In Gaza Despite Terrible Conditions

      February 7, 2026
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      UK-Based Nigerian Footballer, Saburi Adeniji Dies After Brain Injury

      February 9, 2026

      Man City Beat Liverpool To Rekindle Fading Premier League Title Hopes

      February 9, 2026

      How Nigeria Can Still Play At The 2026 World Cup – Alex Iwobi Reveals

      February 7, 2026

      Niger State Threatens To Withdraw Tornadoes From NPFL Over Alleged Unfair Treatment By NFF

      February 7, 2026

      Nigerian Footballers Push For Greater Heights Across The Globe

      February 7, 2026
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - Nigeria’s Poverty Reduced By Seven Per Cent – World Bank

    Nigeria’s Poverty Reduced By Seven Per Cent – World Bank

    By Abdullahi Maitama SaniJanuary 20, 2024
    0000000000000000000000000000000000000000000000000000000 5

    THE World Bank has estimated that improved access to internet coverage over three years led to a seven per cent reduction in extreme poverty in Nigeria and Tanzania.

    BORNO PATRIOTS

    This was disclosed in a new brief titled, “Digital transformation drives development in Africa,” noting that the exposure has also led to an increase of 8 per cent in labour force participation and wage employment.

    The World Bank said, “In 2023, a World Bank flagship report found that in Nigeria and Tanzania, extreme poverty declined by about seven per cent after three or more years of exposure to internet coverage, while labour force participation and wage employment increased by up to eight per cent.”

    Silk

    In the brief, World Bank Chief Economist for Africa, Andrew Dabalen, was quoted as saying, “The minimal usage of mobile internet is a lost opportunity for inclusive growth in Africa. Closing the uptake gap would increase the continent’s potential to create jobs for its growing population and boost economic recovery in a highly digitalised world.”

    The brief further highlights that over the past five years (2016-2021), sub-Saharan Africa experienced an extraordinary 115 per cent increase in internet users, a change that has been instrumental in spurring economic growth, fostering innovation, and creating job opportunities.

    The brief adds, “The region’s digital infrastructure coverage, access, and quality still lag other regions. At the end of 2021, while 84 per cent of people in SSA lived in areas where 3G service was available, and 63 per cent had access to 4G mobile coverage, only 22 per cent were using mobile internet services.

    “The gap between coverage and usage is similarly large for broadband, with 61 per cent of people in sub-Saharan Africa living within the broadband range but not using it.”

    The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, recently noted that the cost of data in Nigeria was still one of the cheapest in the world, but lamented that many operators are not willing to lay fibre in many parts of the countries outside the major cities because it would be unprofitable.

    Nigerian TAX Reform - Federal Goverment
    National Orientation Agency Page UP
    Nigeria Poverty World Bank
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    Again, Shariah Council Clarifies Call For INEC Chairman’s Removal, Denies Religious Bias

    February 9, 2026

    IPOB Orders Total Cancellation Of Sit-At-Home In South East

    February 9, 2026

    Road Accident Claims Over 30 Lives In Kano, Governor Yusuf Mourns

    February 9, 2026

    NLC Threatens Protests Over ‘Confusion’ In Electronic Election Rules

    February 9, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    Again, Shariah Council Clarifies Call For INEC Chairman’s Removal, Denies Religious Bias

    February 9, 2026

    Alawuba Advocates Security, Bankable Projects, Infrastructure Development To Promote South-East Vision

    February 9, 2026

    IPOB Orders Total Cancellation Of Sit-At-Home In South East

    February 9, 2026

    Road Accident Claims Over 30 Lives In Kano, Governor Yusuf Mourns

    February 9, 2026

    NLC Threatens Protests Over ‘Confusion’ In Electronic Election Rules

    February 9, 2026
    Advertisement
    News Point NG
    © 2026 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp