MORE NIGERIANS EXPECTED TO FALL INTO POVERTY BY 2027 – WORLD BANK. (PHOTO).

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 More Nigerians expected to fall into poverty by 2027 – World Bank Despite Nigeria’s resources-rich status, more of the county’s citizens are expected to sink into poverty by 2027, the World Bank Group has said. This is contained in the World Bank’s Africa Pulse report released at the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington DC, the United States. The report noted that sub-Saharan Africa has the highest extreme poverty rate globally, with a large share of the poor concentrated in a few countries. According to the Bretton Woods institution, about 80 percent of the world’s estimated 695 million extreme poor resided in the region in 2024, compared to 8 percent in South Asia, 2 percent in East Asia and the Pacific, 5 percent in the Middle East and North Africa, and 3 percent in Latin America and the Caribbean. “Within Sub-Saharan Africa, half of the 560 million extreme poor in 2024 resided in four countries,” the report highlight...
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AFTER 10 YEARS OF DARKNESS,LIGHT WAS SWITCHED ON FOR THE FIRST TIME ON CHRISTMAS DAY AT MAGBORO OGUN STATE.{PHOTO}.

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Image may contain: 1 person                      For the people of Magboro and it's environs,this year Christmas holiday is one not to be forgotten in a hurry.And the reason for this is not far-fetched.On Sunday Christmas day,the community which has not been on the national power grid for many years had power switched on.With this development ,some persons who have lived in Magboro community for close to Ten years without electricity were able to switch on power for the first time.Now,this is another promise kept by Governor Ibikunle Amosun.Although power supply to the Magboro community and indeed the whole of Ogun State falls under the purview of Ibadan Electricity Distribution Company,IBEDC,a private company ,the state government has continued to interface with this company with a view to ensuring that it keeps its promise of switching on electricity in Magboro on Christmas day.This is a further confirmation of the commitment of the Senaator Ibikunle Amosun-led administration's commitment to the welfare of the good people of Ogun State.It is equally an unmistakable statement on the progress of the Amosun-led administration's Mission to Rebuild Ogun State.Beyond electricity,the Ogun State government has also concluded plans to complete the Magboro road construction project in the course of next year.This is already captured in next year budget.
Signed
Adejuwon Soyinka
Senior Special Assistant {Media}
December Twenty sixth.
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