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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PRESIDENT BUHARI DIRECTS NEMA TO DECLARE “NATIONAL DISASTER’’ ON FLOODING.#STATE HOUSE PRESS RELEASE.

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      President Muhammadu Buhari has delegated authority to the Director General of the National Emergency Management Agency, NEMA, Mustapha Maihaja, to declare a “national disaster’’ in the event that anticipated flooding turns a reality in parts of the country.
The President’s directive follows a warning by the Nigeria Hydrological Services Agency that Rivers Benue and Niger had almost reached levels that resulted in flooding in 2012, which led to lost of lives and destruction of property. A letter to the Director of General of NEMA titled: “Situation Report on the River Flood Along the Banks of Rivers Benue and Niger’’, which was signed by the Chief of Staff to the President, Abba Kyari, said: “Delegation of authority to the Director General of NEMA to activate the Disaster Response Units of the military for possible search and rescue missions, and
“The procurement and proportionate stocking of relief materials and health related items up to N3billion to provide for the needs of possible victims.’’ The letter also instructed the head of the emergency agency to provide regular updates to the President.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)   
September 14, 2018
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