Nigeria: High Poverty is Northern Phenomenon-Soludo

19 July 2008

Kaduna-Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo, has said that the "high and persisting level of poverty in the country is a northern phenomenon."

Soludo who spoke weekend at the Arewa Inspirational Leadership Forum, organized by the Northern development Initiative [NDI] in Kaduna argued that the poverty gap between the south and the north seems to be widening adding that it is not only in the Niger Delta region that poverty is prevalent.

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