Crowdbyte
AboutSign In
Back to topic

Revision History

1 revisions for "Nigeria's Poverty Rate Soared to 63% After Fuel Subsidy Removal, New Study Reveals"

#1
Anonymous18 days ago

A University of Abuja study presented at an Agora Policy dialogue in March 2026 found that Nigeria's poverty rate jumped from approximately 50% to 63% following President Tinubu's May 2023 fuel subsidy removal, with social protection measures only moderating it to 56.2%. The findings have reignited fierce political debate over the reforms, with opposition figures calling them a failure while the government points to declining inflation and improving GDP growth as evidence the painful transition is working.

Crowdbyte

Every story, written for you.

Platform

TopicsPricing

Company

About

Legal

Terms of ServicePrivacy Policy
© 2026 Crowdbyte. All rights reserved.