Ondo, Lagos, Abia And Ekiti Are The Most Prosperous States in Nigeria

Ondo, Lagos, Abia And Ekiti Are The Most Prosperous States in Nigeria

  • About five states in Nigeria lead as states with the least poor people, according to a recently released report
  • Ondo, Lagos, Abia, Ekiti and Anambra States, all from Southern Nigeria, are leading a recent report by NBS as states with the least poor people
  • Most of the poor people in Nigeria come from the North, with about 85 million suffering from all kinds of deprivations

The implementation of poverty alleviation schemes in Ondo, Lagos, Abia and Anambra states is yielding results as they have emerged as the least poor states in Nigeria.

According to the 2022 Multidimensional Poverty Index released by the National Bureau of Statistics (NBS), these states have the least number of poor people in the country.

Lagos, Ondo, Abia, Ekiti, Poverty
Akeredolu, Ikpeazu and Sanwo-Olu Credit: NurPhoto / Contributor
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About 133 million Nigerians live in poverty

The Index measures poverty, reflecting the share of possible deprivations that poor people experience. It ranges from zero, indicating no poverty, to one, meaning universal poverty and lack.

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The recent NBS report shows that Nigeria has 133 million poor people, representing 63 per cent of the nation's total population of 211 million.

With a score of 0.257, the report said that a quarter of Nigerians suffer all kinds of possible deprivations.

The NBS report said:

"Multidimensional poverty is higher in rural areas, where 72 per cent of people are poor, compared to 42 per cent of people in urban areas. Approximately, 70 per cent of Nigeria's population live in rural areas, yet these areas are home to 80 per cent of poor people; the intensity of rural poverty is also higher: 42 per cent in rural areas compared to 37 per cent in urban areas."

As per the Report, 65 per cent of poor people, representing 86 million of the population, live in Northern Nigeria. In contrast, 47 million, about 35 per cent, live in the Southern part of the country.

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States with the least poor people

Ondo State has the tiniest people in Nigeria, with an MPI of 0.095. The state's MPI score shows that poor people suffer just 9.5 per cent of all possible deprivations compared with 25.7 per cent of the entire country.

Lagos State scored 0.101 on the report and came second with the least poor people in Nigeria. Its MPI score shows that people in the state experience just 10.1 per cent of all possible deprivations.

Abia State scored 0.101 and ties with Lagos State.

Anambra State has an MPI score of 0.109. In contrast, Ekiti State Score has an MPI of 0.125, showing that poor people in the state experience 10.9 per cent of all possible deprivations while people in Ekiti State experience 12.5 per cent of all potential denials.

BusinessDay report said these states implemented robust poverty alleviation programmes that are people-oriented, attributing it to job creation and free market dispositions, especially in Ondo State.

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5 States lead as NBS reports that 133 million Nigerians are living in poverty

Legit.ng reported that the National Bureau of Statistics has stated that about 133 million Nigerians are now poor.

The NBS, in its National Multidimensional Poverty Index report on Thursday, November 17, 2022, said that about 63 per cent of Nigerians were poor due to a lack of access to health, education, living standards, employment and security.

The Index offers different levels of poverty assessment, identifying deprivations across health, education, living standards, work and shocks.

Source: Legit.ng

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