Under Buhari’s APC-Led Administration, More Men Plunged Deeper Into Poverty Than Women, Report says

0
85
Read audio
  • The number of poor men in comparison to women in Nigeria has increased in the last six years since
  • Buhari became president In 2016, a year after Buhari became Nigeria’s president, there were about 34 million poor females in Nigeria and 35 million males who are poor
  • By 2022, the poverty rate between men and women grew with 43.71 per cent of women being poor and 44.707 per cent of men living in poverty

On Tuesday, June 21, 2022, President Muhammadu told Bloomberg that his government would leave Nigeria’s economy better than he met it, saying he has outperformed the successive administration of Goodluck Jonathan.

However, there are pointers to the contrary as Nigeria’s economy has taken a hit in the last seven years since Buhari mounted the saddle.

Available statistics show that in the last six years, Nigeria’s poverty rate has increased, showing that in 2020 about 89 million Nigerians are poor, meaning those who live below $1.9 per day. It is projected that about 90.1 million Nigerians will become poorer by the end of 2022. The breakdown In 2016, a year after Buhari became president, the economy began to nosedive. PAY

In 2015, when Buhari became President, the poverty rate in Nigeria stood at 9.5 per cent and is currently standing at 12.9 per cent.

A further breakdown shows that there are more poor men in Nigeria than women. Before Buhari become president in 2015, about 35 per cent of males in Nigeria, representing about 35 million were poor while about 34 million females were poor. The number, however, increased in 2022.

Six key economic indicators fault Buhari’s claim, Nigerian economy is better under him since 2015 As of the time of writing, about 43.71 per cent of females are poor and 44.707 per cent of males are poor despite the huge employment gap between the two genders.