Close Menu
Fishe News
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Facebook X (Twitter) Instagram
Trending
  • Guest Column: The $67 Million Disco — Why Nigeria Is Mispricing Its Power Sector — Adebayo Adesanya
  • Appointment Of Thomas “Tommy” Pigott As U.S. State Department Spokesperson
  • JUST-IN: Dangote Refinery Raises Petrol Price To ₦1,275/Litre Amid Rising Crude Costs
  • Protecting Children In The Digital Age
  • Beyond The Present Impasse: A Calibrated, Five-Pillar Strategic Roadmap For Restoring The Credibility, Cohesion, and Popular Legitimacy Of The Economic Community Of West African States — Tolulope A. Adegoke, PhD
  • “Obasanjo Reignites Debate On NNPC Refineries, Says They May Never Work Again”
  • “Airlines Threaten Shutdown As Jet Fuel Prices Soar Above ₦3,000”
  • Sustaining Momentum: Evaluating Progress In The DRC–Rwanda Peace Process
X (Twitter) Instagram
Fishe NewsFishe News
Subscribe
Wednesday, April 29
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Fishe News
Home»International

World Bank Reveals 7% Drop In Poverty As Internet Access Grows In Nigeria

Omolemi EboisetaleBy Omolemi EboisetaleJanuary 20, 2024 International No Comments2 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp

The World Bank has unveiled a report indicating a seven per cent reduction in extreme poverty in Nigeria and Tanzania, attributed to improved access to internet coverage over the past three years.

The report, titled “Digital transformation drives development in Africa,” underscores the transformative impact of increased internet accessibility on economic indicators.

 

 





According to the World Bank Chief Economist for Africa, Andrew Dabalen, “The minimal usage of mobile internet is a lost opportunity for inclusive growth in Africa.

Closing the uptake gap would increase the continent’s potential to create jobs for its growing population and boost economic recovery in a highly digitalised world.”

 

 

The study highlights that in 2023, both Nigeria and Tanzania experienced a noteworthy decline in extreme poverty after three or more years of exposure to expanded internet coverage.

Additionally, there was an eight per cent increase in labour force participation and wage employment.

 

 

Over the past five years (2016-2021), sub-Saharan Africa witnessed a remarkable 115 per cent surge in internet users, playing a pivotal role in driving economic growth, fostering innovation, and creating job opportunities.

Despite this growth, the report underscores that the region still lags behind in digital infrastructure coverage, access, and quality compared to other regions.

 

 

As of the end of 2021, while 84 per cent of people in sub-Saharan Africa lived in areas where 3G service was available, and 63 per cent had access to 4G mobile coverage, only 22 per cent were using mobile internet services.

The gap between coverage and usage is also significant for broadband, with 61 per cent of people in the region having access to broadband coverage but not utilizing it.

 

 

The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, acknowledged the relatively low cost of data in Nigeria but expressed concerns about the lack of fiber optic infrastructure in many parts of the country, especially outside major cities, citing profitability challenges for operators.

 

#world bank Nigeria
Share. Facebook Twitter LinkedIn WhatsApp
Omolemi Eboisetale
  • Website

Keep Reading

Guest Column: The $67 Million Disco — Why Nigeria Is Mispricing Its Power Sector — Adebayo Adesanya

Appointment Of Thomas “Tommy” Pigott As U.S. State Department Spokesperson

JUST-IN: Dangote Refinery Raises Petrol Price To ₦1,275/Litre Amid Rising Crude Costs

Protecting Children In The Digital Age

Beyond The Present Impasse: A Calibrated, Five-Pillar Strategic Roadmap For Restoring The Credibility, Cohesion, and Popular Legitimacy Of The Economic Community Of West African States — Tolulope A. Adegoke, PhD

“Obasanjo Reignites Debate On NNPC Refineries, Says They May Never Work Again”

Add A Comment

Comments are closed.

Here is spotlighting many benefits of journeying with either Lagos State’s Blueline or Redline rails for a hassle-free day, week, month and year. Thank God for the Igbega Eko. Together we rise.
https://youtu.be/V67GV8wgyjw

Latest Posts

  • Guest Column: The $67 Million Disco — Why Nigeria Is Mispricing Its Power Sector — Adebayo Adesanya
  • Appointment Of Thomas “Tommy” Pigott As U.S. State Department Spokesperson
  • JUST-IN: Dangote Refinery Raises Petrol Price To ₦1,275/Litre Amid Rising Crude Costs
  • Protecting Children In The Digital Age
  • Beyond The Present Impasse: A Calibrated, Five-Pillar Strategic Roadmap For Restoring The Credibility, Cohesion, and Popular Legitimacy Of The Economic Community Of West African States — Tolulope A. Adegoke, PhD
Featured
About Fishe

FISHE was founded with the goal of helping clients thrive in today’s highly competitive marketing environment. While other companies rush to abandon traditional marketing in favour of digital techniques, we’ve bolstered our offline marketing capabilities while also equipping our team with seasoned professional knowledge to support our clients’ digital needs.

Through creative designs, we enhance our clients’ products and services the right way that would attract their target audience, thus, making the perception of their company a reality.

  • LTV 8, Agidingbi Road, Alausa, Ikeja, Lagos.
  • +234 806 003 7277
  • info@gofishe.com
FISHE, Your Best Plug For Bus Stop Shelter Ad

LATEST POSTS

Guest Column: The $67 Million Disco — Why Nigeria Is Mispricing Its Power Sector — Adebayo Adesanya

April 29, 2026

Appointment Of Thomas “Tommy” Pigott As U.S. State Department Spokesperson

April 29, 2026

JUST-IN: Dangote Refinery Raises Petrol Price To ₦1,275/Litre Amid Rising Crude Costs

April 29, 2026

Protecting Children In The Digital Age

April 27, 2026

Beyond The Present Impasse: A Calibrated, Five-Pillar Strategic Roadmap For Restoring The Credibility, Cohesion, and Popular Legitimacy Of The Economic Community Of West African States — Tolulope A. Adegoke, PhD

April 27, 2026
Featured

Subscribe to Updates

Get the latest news from FISHE about politics, economy, health and business, etc

Facebook X (Twitter) Instagram Pinterest
© 2026

Type above and press Enter to search. Press Esc to cancel.