The World Bank has said that despite the expansion of the Nigeria’s economy and the revenue increase, poverty rate remains alarmingly high.

The Bretton Woods institution declared that 139 million Nigerians are living in poverty in 2025 despite the economic reforms embarked upon by President Bola Ahmed Tinubu.

The World Bank’s verdict is coming a few weeks after Tinubu praised his government for the economic rebound being witnessed in the country.