Report: Over 40% of world’s poorest will live in Nigeria, Congo by 2050

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More than 40 percent of “extremely poor people” in the world will be living in Nigeria and DR Congo by 2050, a report by Bill and Melinda Gates Foundation has revealed.

In the 2018 goalkeepers report released Tuesday, the foundation said by 2050, Nigeria will have 152 million people in extreme poverty out of a projected population of 429 million.

It blamed this on the lack of investment in human capital to correspond with the increasing population growth.

Nigeria is currently the seventh most populous country in the world with an estimated population of 198 million.

The annual report, produced in partnership with the Institute for Health Metrics and Evaluation (IHME) at the University of Washington, tracks progress being made on the United Nations sustainable development goals (SDGs).

In June, Brookings Institution reported that Nigeria had overtaken India as the nation with the



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