People living in extreme poverty are currently measured to be living on less than $1.25 a day. According to the reports by Pulse its current estimate, around 643,527,400 people all over the world, 8% of the world's population, are currently living in extreme poverty. Of that figure, an estimated 86,977,400 are currently living in Nigeria, a number that accounts for 44.2% of its current estimated 196 million population. The estimation is a staggering deterioration from just years ago when 76 million people were living in extreme poverty. According to the World Poverty Clock, the poverty in the country is still rising with a negative escape rate of -5.8. At its current progression, Nigeria is expected to have 119,766,229 people living in extreme poverty by the year 2030.