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flag Nigeria's poverty rate forecast to rise by 3.6% by 2027, linked to poor fiscal management.

flag The World Bank's Africa Pulse report forecasts that poverty in Nigeria will rise by 3.6 percentage points by 2027, primarily due to the country's fragile fiscal management and reliance on natural resources. flag Despite being resource-rich, Nigeria is expected to see an increase in poverty rates, with over 106 million people living in extreme poverty. flag The report suggests that improving fiscal management and creating a stronger fiscal contract with citizens could help mitigate this trend.

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