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Macroeconomy
More Nigerians become poorer as multidimensional poverty rate rises to 38.7% – UN
BusinessDay
Oct 12, 2026 · 15:06 WAT
The UN reports that Nigeria’s multidimensional poverty rate rose to 38.7%, with 17.9 million additional people falling into poverty between 2021 and 2024. The report indicates a reversal in the country’s progress in reducing poverty.