77% of Nigerians are without a cash income – survey

June 11th, 2018

A survey by Afrobarometer working with CLEEN Foundation and Practical Sampling International, has indicated that about 77 percent of Nigerians are without cash income.

The survey interviewed a nationally representative, random, a stratified probability sample of 1,600 adult Nigerians in 2017. The interviews were conducted in the language of the respondent’s choice with nationally representative samples.

It showed that an overwhelming majority of Nigerians believe the economy will be better in a year period, however, many perceive the current economic conditions as bad and believe the country is moving in a wrong direction.

More than one-third of Nigerians were without basic necessities of life last year, and many say that obtaining public services was difficult, took “a long time,” and required the payment of a bribe.

Findings from the survey also show, 60 percent Nigerians believe the state economy is bad while 57 percent Nigerians are living in a good condition.

Despite the perceived challenge, 82 percent Nigerians believe that the economy will improve within the 12 months.

Ask if the state is fighting corruption, 59 percent Nigerians rated the anti-graft war to be fair, although 33 percent rated the state management of the economy to be bad. 25 percent Nigerians rated the standard of living to be very poor.

About 51 percent Nigerians are without food, 48 percent without medical care, 47 percent without cooking fuel, and 77 percent Nigerians are without a cash income the survey shows.

However, 47 percent of the country’s population still live in poverty while eight out of 10 Nigerians live on less than dollar 2 a day, according to the World Poverty Clock and the African Development Bank Group.

Glo grows subscriber base by .4m in April

National Telecommunication Company, Globacom, has added a total number of 480,832 to its subscriber base, moving from 39,042,979 recorded in March to 39, 523,811 in April, 2018.

This was contained in a telecom industry report published on the website of Nigerian Communications Commission (NCC) which also reconfirmed Globacom as the second largest telecommunications operator in the country.

Since January this year, the company’s subscriber’s base has continued its steady growth, rising from 38,169,780 at the end of December, 2017, to 38,228,018 in January. It also recorded 38,423,184 in February, 39,042,979 in March and 39,523,811 in April showing that the Glo network has so far added 1.36 million more subscribers in 2018,

In the last one year, Globacom’s  subscriber base increased by 2.25 million, with the company recording 39,523,811 in April, 2018 as against 37,270,100 in April, 2017.

The constant increase in Globacom’s subscriber base has been attributed to the company’s user-friendly packages which makes the network attractive to prepaid and postpaid phone users, thus making its services the most accessible and most affordable.

The NCC report also showed a marginal reduction in the number of connected telephone lines including GSM, Code Division Multiple Access (CDMA), Fixed Wired/Wireless and Voice over Internet Protocol (VoIP) in the country, moving down from 242.6 million in March to 242.53 million in April. However, GSM lines led with 238.1 million connections in March and 238.03 million in April.

It must be noted that active telephone lines in the country also rose from 148.6 million in March to 160.1 million lines in April, 2018.

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