• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Economy

88.4 million Nigerians are living in extreme poverty – FG  

Cyrus Ademola by Cyrus Ademola
February 7, 2024
in Economy
Internet coverage exposure, Poverty
Share on FacebookShare on TwitterShare on Linkedin

Temitope Fadeshemi, the Permanent Secretary at Nigeria’s Federal Ministry of Agriculture and Food Security, has reported that a staggering 88.4 million Nigerians are currently grappling with extreme poverty. 

Fadeshemi shared this information in Kaduna on Wednesday while overseeing the distribution of farm inputs and empowerment materials to 250 smallholder farmers. 

Bashir Abdulkadir, the Director of the Department of Extension Services at the ministry, represented Fadeshemi during the event. 

MoreStories

Dubai’s Maser Group to invest $1.6bn in Nigeria, others 

Dubai’s Maser Group to invest $1.6bn in Nigeria, others 

February 6, 2026
Donald Trump

U.S. extends AGOA duty-free access to African countries through 2026 

February 6, 2026

He said, 

  • “The level of poverty in Nigeria is alarming.  An estimated population of 88.4 million people in Nigeria is living in extreme poverty. 
  • “The number of men living on less than 1.90 U.S. dollars a day in the country reached around 44.7 million, while the count was at 43.7 million for women. 
  • “Overall, 12.9% of the global population in extreme poverty was found in Nigeria as of 2022. 
  • “This is why the Federal government of Nigeria through the Federal Ministry of Budget and National Planning in collaboration with FMAFS is making conscious efforts at reducing the spate of poverty across the country.”  

National Poverty Reduction with Growth Strategy (NPRGS) Initiative 

Continuing his remarks, Fadeshemi emphasized the transformative impact of the National Poverty Reduction with Growth Strategy (NPRGS) initiative, describing it as a significant achievement in the Federal Government’s collective efforts to uplift smallholder farmers and promote sustainable agricultural methods. 

Fadeshemi said that the programme was not merely an investment in agriculture; but an investment in the future of the nation. 

  • “I am delighted to remind you that NPRGS, in collaboration with the Federal Department of Agricultural Extension Service (FDAE), has diligently enumerated and validated approximately 250 farmers for participation in this transformative programme. 
  • ”These farmers are not just the backbone of our agricultural sector; they are the heartbeat that forms the heartbeat of our nation’s prosperity. 
  • ”The NPRGS reflects our government’s dedication to addressing poverty at its roots, emphasizing the pivotal role agriculture plays in economic growth and development. 
  • ”Through initiatives like today’s training and empowerment programme, we are sowing the seeds of positive change, ensuring that smallholder farmers have the knowledge, resources, and support needed to thrive in an ever-evolving agricultural landscape,” he added.  

More Insights  

  • On his part, Timkat  Nanfa, the State Coordinator of the ministry expressed  appreciation to the Federal Government for counting the state worthy to be part of the beneficiaries of the programme. 
  • He urged  the participants to make good use of the empowerment, saying inputs will help them in their farm operations and also fight poverty. 
  • He listed the items as; 175 bags of organic fertilizers, 175 sprayers,  65 bags of maize seeds bags and 71 bags of rice seeds. 
  • Others were: 14 tins of tomato seeds, 14 tins of pepper seeds, Okra seeds tins, 1,000 poultry chicks, 40 bags of poultry feeds and 50 bags of fish feeds, among others. 

Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Extreme PovertyFederal Ministry of Agriculture and Food SecurityNPRGSTemitope Fadeshemi
Cyrus Ademola

Cyrus Ademola

  • Cyrus Ademola is an energy and economy analyst with over half a decade experience in journalism, research-based oped, economic reportage and energy analysis. His works have been featured on different media outlets, covering from oil and gas to business trends.

Next Post
Benin Republic, Patrice Talon

Benin Republic raises $750 million in first-ever dollar bonds as demand hit $5 billion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

access bank
nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics