AHF wants a review of Nigeria's middle income class rating by world bank.

By ORIH CHIBUIKE, The Nigerian Voice, Abuja
Listen to article

AIDS Healthcare Foundation, (AHF) Nigeria have called on the World Bank to set the lowest limit of the Middle Income Countries(MIC) category at $3650 of Gross National Income per capital equivalent to $10 per day as it is economically unrealistic for people to survive on $1.91 a day

AHF country program manager, Dr Adetayo Towolawi made the call at a world press conference on world Bank Classification Campaign held in Abuja

He noted with deep concern that middle income countries have to pay 10 times more for essential medicines and medical commodities compared to Low income countries

Adetayo while commending the world Bank commitment to eradicate poverty and promote shared prosperity said for the bank to truly accomplish its mission it must reconsider how it classifies countries along income lines

According to him " MICs accounts for over 70% of the world's poorest people and majority of the people living with HIV/AIDS reside in the MICs. Middle Income Countries like Nigeria, Kenya and Zambia contribute to these staggering figures.

He further urge donors not to consider income classifications as a yardstick for support, knowing fully well that without international support which the MIC status may restrict, these countries are even less likely to achieve the SDGs and bring disease burdens under control.

He said that recent classification of certain countries as meddle Income Countries (MICs) have necessitated a global campaign, spearheaded by AHF with support from over 500 organizations and partners.

"While we commend the World Bank's to Truly accomplish its mission, it must reconsider how it classifies countries along income lines. We would also like to commend the Nigerian government effort to reposition the nation's economy for the good of all".