It said in its second edition of the Nigeria Economic Report (NER) which was launched in
Although the previous
It stated that an analysis of a panel survey data (GHS) of 5000 households for 2010/2011 and 2012/2013 provided "evidence that consumption is likely higher than previously estimated from the HNLSS survey."
Furthermore, the new GHS analysis put rural poverty at 46.3 per cent and 44.9 per cent in 2010/2011 and 2012/2013 respectively compared to 69.1 per cent and 51.2 per cent respectively in the HNLSS 2009/2010 estimates by the NBS.
Specifically, it noted:" Poverty rates range from 16 per cent in the South- West to 52 per cent in the North-East. While the South and North central experienced declines in the poverty rate between 2010/2011 and 2012/2013, the poverty rate increased almost unchanged in
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