Poverty receding in India, worsens in Nigeria

India, one of the world’s most populous countries, has lifted more than 415 million people out of poverty in the last 15 years. What is going on in a country that is 7,000 kilometres away from Nigeria shows how Africa’s biggest economy can achieve an ambitious goal of lifting 100 million people out of poverty within a decade.

Nigeria is home to huge oil and gas resources, whose exports account for more than half of the government’s revenue, yet the country has at least 133 million people living in poverty.