PRESIDENCY FAULTS WORLD BANK’S 139 MILLION POVERTY REPORT

The Presidency has dismissed the latest World Bank report which estimated that 139 million Nigerians are living in poverty, describing the figure as “unrealistic” and detached from the country’s economic realities. President Bola Tinubu’s Special Adviser on Media and Public Communication, Sunday Dare, in a post on his official X handle on Wednesday, said the poverty figures must be “properly contextualised” within the limitations of global poverty measurement models. “While Nigeria values its partnership with the World Bank and appreciates its contributions to policy analysis, the figure quoted must be…

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