Key questions this article answers:
-
What do the recently published 2023 data of the Internet Poverty Index say about Nigeria’s progress in dealing with Internet poverty?
-
We can tackle Internet poverty by raising average incomes or reducing Internet prices. What’s the most effective strategy for Nigeria?
In 1990, the World Bank published its World Development Report titled “Poverty.”
This report explored the various dimensions of poverty and emphasised the now-famous poverty line as a benchmark defining individuals living in extreme poverty. The poverty line represents the spending that allows people to consume a minimum basket of food and other necessities to lead a decent life.
This report brought poverty eradication to the fore of global priorities, the most notable being the Millenium Development Goals and the Sustainable Development Goals “Agenda 2030.”
Since then, the World Bank and other organisations have developed several indicators to measure poverty, and the poverty line