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Average Nigerian can live on N3,000 daily — Reno Omokri

Average Nigerian can live on N3,000 daily — Reno Omokri

By GhanaSummary NewsroomNigeria

He said the World Bank and International Monetary Fund’s definition of poverty, which he described as living on less than $2 a day, was different from how poverty should be assessed within the Nigerian context.” Omokri further distinguished between the World Bank’s global poverty benchmark and the realities of living costs in Nigeria.

Asked whether he disagreed with the World Bank’s poverty benchmark, Omokri said the international institution was applying a global standard.

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