By Emmanuel Elebeke
ABUJA – The National Bureau of Statistics, NBS says inequality in Nigeria worsened between 2004 and 2013 but improved in 2016.
In a report released yesterday, the NBS said the inequality which was measured by the Gini/Thiel worsened from 0.356 in 2004 to 0.41 in 2013 but improves to 0.391 in 2016.
Using Thiel, it indicated that inequality worsened from 0.217 in 2003 to 0.395 in 2013 but improved to 0.31 in 2016.
With respect to consumption shares in 2004, the report shows that the bottom 10% (poorest of the poor) of the population consumed 2.56% of goods and services, while the top 10% (super rich) consumed 26.59% of all goods and services.
The richest 10%, however, is said to be responsible for 26.59% of national expenditure or income in 2016. This increased to 33.72% in 2013 but decreased to 31.09% in 2016.
According to NBS, the top 20% were responsible…
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