The World Bank President, Jim Yong Kim, while addressing participants at the Council on Foreign Relations, CFR, meeting in New York on Tuesday April 1st, said five countries, including Nigeria, make up two-thirds of the world’s extremely poor people.
“The fact is that two-thirds of the world’s extreme poor are concentrated in just five countries – India, China, Nigeria, Bangladesh, and the Democratic Republic of Congo.
“If you add another five countries — Indonesia, Pakistan, Tanzania, Ethiopia, and Kenya – the total grows to 80 percent of the extreme poor.”
“By extremely poor, we mean people living on less than $1.25 a day. And more than a billion people in the world live on less than that each day.”
Is this not out of order for an oil producing country?
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