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Friday, November 11, 2016

Nigeria's Population Now 182 Million. Is Projected World’s 3rd Most Populous By 2050

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Nigeria’s population, currently the seventh largest in the world, is growing most rapidly and is projected to surpass that of the United States by about 2050, at which point the African country would become the third largest in the world. The National Population Commission (NPC) Director general, Ghaji Bello, said that Nigeria’s population is currently 182 million as against 140 million recorded in the last census a decade ago. Director Bello, disclosed this recently in Abuja, said the latest estimate was based on the population of 140 million recorded in the last census a decade ago, using an annual growth rate of 3.5 percent weighed against other variables such as rising life expectancy and a declining infant mortality rate. Full post after cut...................
According to Vanguard, Bello said that this puts a severe strain on a nation, which is currently experiencing a slow growth economy and declining revenue to provide enough schools and health facilities. The Director, who noted that Nigeria, Africa’s most populous country, was witnessing a growing youth bulge, with more than half its people under 30 years of age, explained that those under 14 years of age, are accounting for more than 40 percent of its citizens. According to him, this is happening at a time the International Monetary Fund, IMF, has predicted that the nation’s gross domestic product will shrink 1.7 percent this year;

“The implication is that these youths are assets, they are the future of our country, but they are also liabilities. We need to know how to plan for their transition from youths to the next category. ‘’It has implications for education, health and security, particularly in our environment where you have a lot of unemployment,’’ he said. He noted that plans to hold a census this year were delayed by 2015 elections and a plunge in revenue due to low prices for crude, the country’s main export, and slashed output caused by militant attacks in the Niger Delta. “We’re hopeful the government will soon make a statement for the next exercise,” he said.

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