Presidency Rejects World Bank’s Poverty Report, Says It Does Not Reflect Reality
In a
strongly worded rebuttal issued on October 9, 2025, the Nigerian Presidency has
formally rejected the World Bank’s latest poverty assessment, which estimated
that 139 million Nigerians are currently living below the poverty line.
The report, which relies on the global poverty benchmark of $2.15 per person per day (based on 2017 Purchasing Power Parity), was described by government officials as “unrealistic,” “outdated,” and “detached from Nigeria’s economic realities”.