Categories: News

UN, World Bank raise the alarm over rising hunger, poverty in Nigeria

The United Nations and the World Bank have sounded the alarm over worsening hunger and poverty in Nigeria, warning that millions face deepening hardship amid soaring inflation, insecurity, and weak economic growth.

In a joint report released Wednesday, the UN’s Food and Agriculture Organisation (FAO) and World Food Programme (WFP) listed Nigeria among countries of “very high concern” for severe food insecurity, alongside Afghanistan, Somalia, and Syria.

The agencies said global hunger is worsening due to conflict and economic shocks, with millions at risk of starvation.

“We are on the brink of a completely preventable hunger catastrophe,” warned WFP Executive Director Cindy McCain, urging urgent international support.

The report revealed that only $10.5 billion of the $29 billion required for emergency food assistance has been received, forcing aid cuts in several countries.

FAO said urgent funding is needed to sustain agricultural livelihoods through seed and livestock support before planting seasons.

Meanwhile, the World Bank’s latest Nigeria Development Update paints a grim picture of the nation’s poverty rate, showing that over 129 million Nigerians — or 56% of the population — now live below the poverty line, up from 40% in 2018.

It attributed the spike to inflation, insecurity, flooding, and slow growth, warning that “being employed is no guarantee of escaping poverty” due to low wages and poor job quality.

The report also showed a surge in urban poverty, rising from 18% in 2018 to 31% in 2024, as economic pressures spread beyond rural areas.

While commending the federal government’s expanded cash transfer initiatives, the Bank urged deeper structural reforms to stabilise prices, boost productivity, and create sustainable jobs to reverse the worsening poverty trend.

LUKMAN ABDULMALIK

Recent Posts

Lateef Adedimeji, wife welcome triplets

Popular Nollywood actor Lateef Adedimeji and his wife, Adebimpe Oyebade, have welcomed a set of…

53 minutes ago

ISWAP overhauls command structure after battlefield losses

The Islamic State West Africa Province is reorganising its command and leadership hierarchy following significant…

2 hours ago

Lawan withdraws from Yobe governorship race, backs APC consensus candidate

The senator representing Yobe North Senatorial District, Ahmad Lawan, has withdrawn from the All Progressives…

2 hours ago

ICPC files fresh N10.8bn charges against El-Rufai, seven others over Kaduna CCTV contract

The Independent Corrupt Practices and Other Related Offences Commission has filed a third set of…

2 hours ago

EPL fixtures: Arsenal face Fulham at Emirates as Man United host Liverpool

Arsenal have a chance to crank up the pressure on Manchester City this weekend as…

3 hours ago

Ganduje hands Gov Yusuf governorship forms as Kano APC backs Tinubu

Kano State stakeholders of the All Progressives Congress have endorsed President Bola Ahmed Tinubu for…

3 hours ago

This website uses cookies.