Special Features

New Report Says Over 91m Nigerians Are Now Living In Extreme Porverty

Published

6 years ago

February 15, 2019 4:09 pm

Bodexng

According to a new report by the World Poverty Clock, a Vienna-based data lab, over 91 million Nigerians are now living in extreme poverty, and at least three million Nigerians have slipped into extreme poverty between November 2018 and February 2019.

According to the report, 91.16 million Nigerians were living below a dollar a day as of February 13, 2019. Recall that in June 2018, the Brookings Institution projected that Nigeria had overtaken India as the poverty capital of the world, with 86.9 million extremely poor people.

This was further confirmed by British Prime Minister, Theresa May, who said Nigeria had become home to the largest number of very poor people in the world, putting the figures at 87 million.

“Much of Nigeria is thriving, with many individuals enjoying the fruits of a resurgent economy, yet 87 million Nigerians live below $1 and 90 cents a day, making it home to more very poor people than any other nation in the world,” Prime Minister May had said.

Since May made this observation in South Africa in August, the number of Nigerians living in extreme poverty has grown to 91.16 million, with six people falling into poverty every minute, according to Brookings Institution. Today, India has 48.7 million people living in poverty, from 73 million in June 2018. By implication, India has pulled out a minimum of 24 million people from poverty in less than eight months.

According to the World Bank, a person can be said to be living in extreme poverty, if he or she lives below the poverty line of $1.90 or N693.5 per day. The bank in its explanation of poverty levels said “when estimating poverty using monetary measures, one may have a choice between using income or consumption as the indicator of well-being. “Most analysts argue that, provided the information on consumption obtained from a household survey is detailed enough, consumption will be a better indicator of poverty measurement than income.”

However, using the World Bank’s poverty line, if you live below $1.90 a day, you will be classified as living in extreme poverty.

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Special Features

DG ARCON, Dr Olalekan Fadolapo to speak at Bodex social Media Hangout 5.0

Published

1 day ago

November 21, 2024 1:10 pm

BodexNG

Bodex Media is proud to announce that Mr. Olalekan Fadolapo Director-General of the Advertising Regulatory Council of Nigeria (ARCON), will be a distinguished speaker at the highly anticipated 5th edition, themed “SOCIAL MEDIA: THE INFLUENCE, POWER AND IMPACT.”

Mr. Olalekan’s participation brings a crucial perspective when it comes to regulations surrounding digital media to the BSMH 5.0 conversation.

His speech, focusing on the “Digital Media Regulatory Framework,” promises to shed light on the evolving landscape of digital media regulation in Nigeria.

Mr. Olalekan brings a wealth of experience to the BSMH stage. As the head of ARCON, he plays a pivotal role in ensuring responsible advertising practices and protecting consumers in the digital age.

The BSMH 5.0 goes beyond celebration. It offers a platform for thought-provoking discussions on the impact of social media. Mr. Olalekan’s address is to spark valuable conversations among attendees, including industry leaders, influencers, content creators, fans, social media enthusiasts and lots more

The BSMH 5.0 promises an extravaganza beyond the keynote address. Attendees can expect award presentations, live music and dance performances, thrilling games and giveaways, and a delectable spread of food and drinks by Bodex Foods and other top vendors. This year also introduces exciting new features like multiple raffles and giveaways with incredible prizes.

The Bodex Social Media Hangout 5.0 is a free event open to all, with no registration required. Don’t miss this opportunity to be part of a historic celebration, gain insights into the digital media regulatory framework, and witness the power of social media firsthand.

Mark your calendars!
Date: Saturday, December 7th, 2024
Time: (Specific time to be announced)
Location: Landmark Event Center, Oniru, Victoria Island, Lagos

Stay Connected!
For the latest updates and information about the BSMH 5.0, follow us on social media:

Instagram: @bsmhangout1
Twitter: @bsmhangout1
Facebook: @bsmhangout1
Telegram: @bsmhangout1
Media Contact:
info@bsmhangout.com
bodexmedia@gmail.com
Phone: 08088805275, 08077777011

Join us for the BSMH 5.0 and let’s explore the power and impact of social media together!

Special Features

Bodex Media Announces Frank Edoho as Host for Bodex Social Media Hangout (BSMH) 5th Edition

Published

2 weeks ago

November 9, 2024 10:53 am

BodexNG

Bodex Media is delighted to announce renowned Tv host and Photographer, Frank Edoho who is popularly known for his iconic stint on “Who Want to be a Millionaire” as the official host for its highly anticipated fifth edition of the Bodex Social Media Hangout, themed “SOCIAL MEDIA: THE INFLUENCE, POWER AND IMPACT.”

On Saturday, December 7th, 2024, at the Landmark Event Center, Oniru, Victoria Island, Lagos, BSMH 5.0 promises an unforgettable day of networking, collaboration, learning, and excitement.

The event will feature live musical and dance performances, a green carpet extravaganza, games and fun activities, and exclusive food and drinks.

Attendees will also stand a chance to win luxurious prizes, including an all-expenses-paid luxury weekend getaway, an exclusive dinner with a world-renowned music artist, and many more surprises.

Frank Edoho’s unique blend of humor, intelligence, and showmanship makes him a perfect choice to lead this momentous celebration of BSMH’s five years of success.

His remarkable ability to spark meaningful conversations and build connections with online communities through his engaging and witty interactions also makes him exceptionally well-suited to host this year’s edition.

When asked about hosting the event, Frank Edoho’s response was short, sleek, and confident, leaving no doubt that he’s ready to bring his A-game.

“We are on. I have booked it,” he said.

Media personality and event/Tv host, Marianna Orji, will host the green carpet, ensuring attendees are treated to a memorable experience.

According to the convener, Bodex Hungbo, this year’s edition of the BSMH event is open to all, with no registration required.

“With high-profile appearances from influencers, celebrities, stakeholders, political figures, and artists, this event is set to be a star-studded spectacle”. She said.

Special Features

Hello, November!

Published

3 weeks ago

November 1, 2024 4:35 pm

BodexNG

🍂Hello, November! 🍂

As we step into the new month, we’re getting closer to the Bodex Social Media Hangout 5.0!

Prepare for an unforgettable experience as we bring together media enthusiasts, industry experts, and game-changers to explore how social media can drive positive change. 🌍✨

This November, let’s fuel our passions, strengthen our networks, and get inspired to make an impact.

Mark your calendars and stay tuned – big things are coming your way! 🚀

HelloNovember #BodexSocialMediaHangout5.0#WhereInfluenceMeetsImpact #CountdownToConnection

Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others