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New coalmines will leave more people in poverty, Oxfam has said in a new report, calling on Australia to commit to no new coalmines and to end public subsidies for coalmining.

The wealth of Africa’s richest man, Aliko Dangote and four other Nigerians is enough to end poverty in Africa’s most populous nation, according to a research published by the charity group, Oxfam.

The African Development Bank will hold a major forum on agribusiness in India between May 22 and 26, the pan-African development lender has announced.

The Inequality report released by Oxfam International on Wednesday, revealed that the combine wealth of five richest Nigerians, put at $29.9 billion, could end extreme poverty in the country.

Despite the prevailing recession Nigeria is still seen as Africa’s largest economy and one of the fastest-growing in the world. Yet, more than half of the Nigerian population still grapples with extreme poverty, while a small group of elites enjoys ever-growing wealth.

One in four children in the Arab world live in poverty, often deprived of life's most basic necessities such as proper housing or safe water, according to a study released on Monday by the U.N.

The UN Secretary-General has issued the 2017 Sustainable Development Goal (SDG) progress report, providing an overview of global progress towards the 17 SDGs on the basis of the latest available data related to the global SDG indicator framework.

The 2030 Agenda for Sustainable Development calls for the eradication of poverty in all its forms and dimensions, reflecting the multifaceted challenges faced by people living in poverty. Poverty is widely considered as multidimensional in nature, reflecting deprivations across a broad range of dimensions.

The present report, provided in response to Economic and Social Council decision 2017/208 and General Assembly resolutions 61/16 and 68/1, discusses such challenges in the context of the 2030 Agenda for Sustainable Development and the integrated and indivisible Sustainable Development Goals.

The government aims to reduce extreme poverty, which currently stands at 16 per cent to below nine per cent next year.

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