World Bank Report Shows 50m Nigerians Became Poor In 2 Years – Obi

Presidential campaigner of Labour Party successful 2023, Peter Obi, has said an investigation of the caller World Bank study showed implicit 50 cardinal Nigerians were sent into poorness successful 2 years of All Progressives Congress (APC) government.

Describing the script arsenic heartbreaking, Obi blamed the concern connected the policies and benignant of the APC administration.

He stated this connected his X grip yesterday. He was reacting to the World Bank report, released connected October 8, 2025, which helium said showed that 139 cardinal Nigerians are present surviving successful poverty.

Obi said it was an alarming summation from the 87 cardinal Nigerians surviving beneath the poorness enactment reported successful 2023, erstwhile Tinubu was sworn successful arsenic President.

“What this means is that successful 2 years nether the ticker of the APC regime, implicit 50 cardinal Nigerians were sent into poverty.

This is simply a heartbreaking reflection of however profoundly our federation is failing its citizens.

“What is adjacent much concerning is that this devastating revelation has not led to an exigency and nationalist treatment connected however to efficaciously propulsion millions of our radical retired of poverty, but alternatively caused a rebuttal from the government, erstwhile the quality already reflects the regular struggles of the mean Nigerian.”

He added that the World Bank besides revealed that contempt the galore celebrated reforms, the fig of Nigerians surviving successful poorness is rising, worsening Nigeria’s presumption arsenic the astir poverty-stricken federation successful the world.

“The reasons these reforms are not moving are owed to the deficiency of a wide program and a deficiency of determination to transmission the expected gains into feasible and productive areas that volition payment the radical and amended wide growth.

“Reforms indispensable beryllium deliberate and strictly followed by people-focused policies that prioritise accumulation implicit consumption, enactment tiny businesses and farmers, put successful acquisition and healthcare, and guarantee that authorities spending straight impacts the lives of Nigerians by pulling them retired of poverty,” helium said.

He said nary federation tin genuinely emergence erstwhile the bulk of its radical are trapped successful poverty.

“With the close leadership, we tin marque Nigeria enactment for each Nigerian,” helium said.