Nigeria population 2022

The United Nations in July, released the 2022 World Population Proposals. The report projected that global population will reach the eight billion mark by 2050 and that India will surpass China as the most populous country in the world with a whopping 1.66 billion people. Nigeria, according to the projection, will be the fourth most populated country on earth with 375 million people, with youths accounting for about 262 million of the population. What does this mean for Nigeria? How does Nigeria then react to this youth bulge? Is Nigeria’s youth bulge a bane or boon? Nigeria’s economic growth potential with the youths The challenges facing Nigerian youths ranges from the problem of youth unemployment, limited access to educational and lack of economic opportunities, lack of access to basic education, high HIV/AIDS prevalence rate to high poverty rate. Contrary to expectations, increase in the population of the youth may undermine development if the challenges facing the youths are not addressed. Many of our youths tend to search for greener pastures because policies put in place by the government may have stifled the working and staying power of the youths. Over the years, Nigeria has continued to depend on diaspora remittances, in 2020, Diaspora remittances accounted for $17.21bn representing four percent of Nigeria’s Gross Domestic Product in 2020. Similarly, International Migration Institute (2021) revealed that yearly remittances from migrant Nigerians abroad are estim...

More than 15 million people in Lagos are already competing for basic amenities of life. Over the next three decades, the West African nation's population is expected to soar even more: From 216 million people this year to 375 million, the United Nations says, making Nigeria to the fourth most populous country in the world after only India, China and the United States. Tuesday marks the UN projection for when the world's population is expected to hit 8 billion people, though officials are careful to note it's not a precise milestone. Nigeria is among the eight countries that the UN says will account for more than half the world's population growth between now and 2050 - along with Congo, Ethiopia, and Tanzania, among others. Other countries rounding out the list of those contributing most to the population increase are India, Pakistan, and the Philippines. Such rapid population growth also means more people vying for increasingly scarce water resources and potentially more families facing hunger as climate change increasingly impacts crop production. The UN has said that slowing population growth "over many decades could help to mitigate the further accumulation of environmental damage in the second half of the current century." In sub-Saharan Africa, the population is growing at 2.5% - more than three times the global average. Some of that can be attributed to people living longer, but family size remains the driving factor. Women in sub-Saharan Africa on average have 4.6 ...