Factors included more market income in the top percentages, a larger increase in wage rates for those at the top, increases in corporate pay, the expansion of technology disproportionately benefiting those at the top, increasing pay for those working in the financial and legal professions, the expansion of financial services, etc. As a result of that uneven income growth, the share of total after-tax income received by the 1 percent of the population in households with the highest income more than doubled between andwhereas the share received by low- and middle-income households declined…. The share of income received by the top 1 percent grew from about 8 percent in to over 17 percent in
Though there is archaeological evidence that societies have been living in Nigeria for more than twenty-five hundred years, the borders of modern Nigeria were not created until the British consolidated their colonial power over the area in The name Nigeria was suggested by British journalist Flora Shaw in the s.
She referred to the area as Nigeria, after the Niger River, which dominates much of the country's landscape. The word niger is Latin for black. More than ethnic tribes call present-day Nigeria home. The three largest and most dominant ethnic groups are the Hausa, Yoruba, and Igbo pronounced ee-bo.
Prior to their conquest by Europeans, these ethnic groups had separate and independent histories. Their grouping together into a single entity known as Nigeria was a Poverty in nigeria of their British colonizers. These various ethnic groups never considered themselves part of the same culture.
This general lack of Nigerian nationalism coupled with an ever-changing and often ethnically biased national leadership, have led to severe internal ethnic conflicts and a civil war.
Today bloody confrontations between or among members of different ethnic groups continue. Nigeria is in West Africa, along the eastern coast of the Gulf of Guinea, and just north of the equator. It is bordered on the west by Benin, on the north by Niger and Chad, and on the east by Cameroon.
Nigeria covers an area ofsquare milessquare kilometersor about twice the size of California. Nigeria has three main environmental regions: These environmental regions greatly affect the cultures of the people who live there. The dry, open grasslands of the savanna make cereal farming and herding a way of life for the Hausa and the Fulani.
The wet tropical forests to the south are good for farming fruits and vegetables—main income producers for the Yoruba, Igbo, and others in this area.
The small ethnic groups living along the coast, such as the Ijaw and the Kalabari, are forced to keep their villages small due to lack of dry land.
Living among creeks, lagoons, and salt marshes makes fishing and the salt trade part of everyday life in the area. The Niger and Benue Rivers come together in the center of the country, creating a "Y" that splits Nigeria into three separate sections. In general, this "Y" marks the boundaries of the three major ethnic groups, with the Hausa in the north, the Yoruba in the southwest, and the Igbo in the southeast.
Politically, Nigeria is divided into thirty-six states. The nation's capital was moved from Lagos, the country's largest city, to Abuja on 12 December Abuja is in a federal territory that is not part of any state. While Abuja is the official capital, its lack of adequate infrastructure means that Lagos remains the financial, commercial, and diplomatic center of the country.By February , Nigeria will overtake India as the country with the most people in extreme timberdesignmag.com context, India has 5 times the population of Nigeria.
9 days ago · EARLIER in June, the Brookings Institution, an American think-tank research group, published data from the World Poverty Clock which showed that Nigeria. Nigeria has 87 million people living in extreme poverty, in comparison with India’s 73 million people. Photograph: Sombo Sombo/Alamy Nigeria, one of Africa’s two wealthiest economies, has.
The World Bank is helping to fight poverty and improve living standards for the people of Nigeria with more than IBRD loans and IDA credits since ONE is an international campaigning and advocacy organisation of more than 9 million people taking action to end extreme poverty and preventable disease, particularly in Africa because the facts show extreme poverty has already been cut by 60% and can be virtually eliminated by , but only if we act with urgency now.
In this post we are going to give you Nigeria Poverty Statistics and Poverty Rate In Nigeria for the year Many Nigerians want to know what really is the poverty level in the country as the numerous natural and human resources in the country have not been able to solve the problem of poverty .