´Politicians have failed us´: The despair of Nigeria´s poor
´Politicians have failed us´: The despair of Nigeria´s poor
Ahead of Nigeria's presidential elections next year, residents of informal settlements say they expect little to change.

According to a report in June by the Brookings Institution, a Washington, DC-based think-tank, Nigeria has overtaken India as the world's poverty capital.

The study estimated that 87 million people in a country of nearly 200 million were living in extreme poverty, compared with 73 million people in India.

The report also projected an increase in extreme poverty in Nigeria - Africa's leading oil producer and most populous nation - until at least 2022.

Government officials have said the report does not reflect the true state of the country. Analysts, however, blame weak governance for the increasing poverty rate and say the heavy dependence on oil and gas is leaving the economy exposed to external risks while complicating development efforts.

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Record Date : 26.11.2018
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