2024 Poverty Level Guidelines In Nigeria. In nigeria, 40.1% of people are poor according to the 2018/19 national monetary poverty line, and 63% are multidimensionally poor according to the national. The march 2024 global poverty update from the world bank revises previously published poverty and inequality estimates and reports global estimates of poverty up to 2022,.

Nigeria has initiated bold reforms to restore macroeconomic stability, but further efforts are needed. In nigeria 40.1 percent of total population were classified as poor.