Poverty in Nigeria

Poverty in Nigeria
Author: Mustapha C. Duze
Publisher: Adonis & Abbey Publishers
Total Pages: 252
Release: 2008
Genre: Business & Economics
ISBN:

One of the critical concerns in Nigeria is how to alleviate poverty in the country. The general prevalence of poverty in Nigeria is paradoxical because the country is one of the biggest oil-producing countries in the world. A 1999 World Bank report for instance showed that some 70 per cent of the population lives below the bread line - usually considered as living on less than US$1.00 a day. This raises a number of very important questions: What are really responsible for the wide prevalence of poverty in Nigeria in the midst of plenty? How is poverty manifested in the country? What alleviation strategies are in place? How effective are they? And what are the implications of all these for the country's democracy project, political stability, nation-building and development discourse? Contributors to this volume address these questions and provide insights into some of the central issues in the discussion of poverty, including how the poor themselves struggle to cope or adapt to their condition. Using multidisciplinary perspectives, the contributors critique the current alleviation strategies and recommend more viable and better- targeted approaches that will sharply reduce the incidence of poverty in Nigeria. _____________________________________________ * Mustapha C. Duze is a Professor of Sociology at Bayero University, Kano, Nigeria. He did his undergraduate studies in Sociology at the University of Ife, Nigeria, and holds a PhD in Demography from the University of Pennsylvania, U.S.A. Professor Duze also holds a Diploma in Survey Sampling from the Institute of Social Research, University of Michigan, Ann Abor, U.S.A He was Head of the Department of Sociology at Bayero University (1994-1999) and the Director of the General Studies Unit of the same University (2002 to 2006). He has published widely in scholarly journals and has co-authored several books. He is currently the Editor-in-Chief of Bayero University's Journal of interdisciplinary Studies. *Dr. Habu Mohammed holds a PhD in Political Science from Bayero University, Kano, Nigeria. He is currently a senior lecturer in the Department of Political Science, Bayero University, Kano-Nigeria. He has published widely in the areas of political economy, political development, peace studies, human rights, civil society and democratization. He is a co-editor of Readings in Social Science Research (2006) and editor of Concepts and Issues in Peace Studies and Conflict Resolution (2005). He is a Member of the Editorial Board of the faculty-based Journal of Social and Management Studies (JOSAMS). He was also a Fulbright Fellow at the Programme of African Studies (PAS), Northwestern University, Illinois, U.S.A. * Professor Ibrahim Ahmed Kiyawa did his undergraduate studies at the University of Bradford in the United Kingdom and a doctorate degree in Development Economics, from Maxwell School, Syracuse University, New York, USA. Professor Kiyawa was a Dean of the Faculty of Social and Management Sciences, Bayero University, Kano-Nigeria for a long time, and Head of the Department of Economics, which he founded in 1976. Professor Kiyawa has over 30 years of teaching and research experience. He has published extensively in national and international journals and has edited a number of books, including Management of the Nigerian Economy under Democratic Administration (2000), Accountability, Finance, and Financial Discipline in Local Government Administration (1999), Topics on the Nigerian Economy (1988), and Export Promotion as a Strategy for Industrialization (1988). Prof. Kiyawa is the Editor-in-Chief of the Journal of Social and Management Studies ( JOSAMS).

Nigeria

Nigeria
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 101
Release: 2005-12-19
Genre: Business & Economics
ISBN: 1451828993

This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the plan, the government will seek long-term capital for investment. Trade policy will be modified to unburden business of the red tape and complex procedures that hinder it from flourishing. NEEDS envisages forging stronger links between educational institutions and industry to stimulate rapid industrial growth and efficient exploitation of resources.

Nigeria

Nigeria
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 12
Release: 2005-12-19
Genre: Political Science
ISBN: 1451829000

This paper presents a Joint Staff Advisory Note on Nigeria’s Poverty Reduction Strategy Paper. Within the framework of Nigeria’s federation, policy coordination between the three tiers of government is critical for achieving poverty reduction objectives. The National Economic Empowerment and Development Strategy (NEEDS) provides for a considerable increase in public investments, which primarily reflects the government’s desire to address the country’s vast development requirements. NEEDS places considerable emphasis on strengthening public expenditure management to ensure that spending is effective, efficient, and clearly linked to the achievement of objectives of NEEDS.

Poverty in Nigeria

Poverty in Nigeria
Author: Mustapha C. Duze
Publisher: Adonis & Abbey Publishers Ltd
Total Pages: 242
Release: 2008-05-20
Genre: Reference
ISBN: 1912234564

One of the critical concerns in Nigeria is how to alleviate poverty in the country. The general prevalence of poverty in Nigeria is paradoxical because the country is one of the biggest oil-producing countries in the world. A 1999 World Bank report for instance showed that some 70 per cent of the population lives below the bread line - usually considered as living on less than US$1.00 a day. This raises a number of very important questions: What are really responsible for the wide prevalence of poverty in Nigeria in the midst of plenty? How is poverty manifested in the country? What alleviation strategies are in place? How effective are they? And what are the implications of all these for the country's democracy project, political stability, nation-building and development discourse?Contributors to this volume address these questions and provide insights into some of the central issues in the discussion of poverty, including how the poor themselves struggle to cope or adapt to their condition. Using multidisciplinary perspectives, the contributors critique the current alleviation strategies and recommend more viable and better- targeted approaches that will sharply reduce the incidence of poverty in Nigeria.

Nigeria on the Move

Nigeria on the Move
Author: Weltbank
Publisher:
Total Pages:
Release: 2020
Genre:
ISBN:

Frequently referred to as the Giant of Africa, Nigeria is growing slower than its population and large numbers of people are poor. With gross national income per capita of US $2,100 (in 2017; Atlas method, WDI), Nigeria is classified as a lower-middle-income country. It is richly endowed, has a relatively young, rural, and multiethnic population, and accounts for the largest economy and population in Africa. It has the potential to become an economic powerhouse through the effective management of its abundant resources, including plentiful agricultural land, marine fisheries, hydropower, oil and gas, unexploited deposits of minerals and metals, a young labor force, and a strong entrepreneurship culture. One-fifth of the population is in the middle class. However, significant poverty persists despite the government's effort to reduce the high poverty rate. Measured according to the US$1.90-a-day per capita purchasing power parity poverty line, it is estimated that 42.8 percent of Nigeria's population was living in extreme poverty in 2016. Poverty has been rising in rural areas and in the northern zones, while the situation in the southern zones has generally been improving. Nigeria needs more inclusive economic growth, so more people can exit from poverty, and the country can evolve into a society with a sizable middle class, a viable social contract between the government and the people, and peace and prosperity across the nation. A key development challenge in Nigeria revolves around economic growth, which has had a limited impact on reducing poverty and building shared prosperity. This Systematic Country Diagnostic (SCD) examines the challenges the government and people of Nigeria face in achieving the twin goals of poverty reduction and shared prosperity.

Options for Agricultural Growth for Poverty Reduction in Nigeria

Options for Agricultural Growth for Poverty Reduction in Nigeria
Author: Xinshen Diao
Publisher:
Total Pages: 47
Release: 2009
Genre:
ISBN:

This study analyzes growth options in agricultural sub-sectors to accelerate overall economic growth and reduce poverty in Nigeria in the next nine years (2009-17) using an economy-wide, dynamic computable general equilibrium (DCGE) model. The model results show that if the individual agricultural subsectors' growth targets set by the Nigerian government can be achieved, the country will have 9.5 percent of agricultural annual growth and 8.0 percent of GDP growth in the next 10 years. The national poverty rate will fall to 30.8 percent by 2017, more than halving 1996's poverty rate of 65.6 percent, thereby accomplishing the objective for MDG1. The report emphasizes that in designing an agricultural strategy and in prioritizing growth, it is important to consider the following four factors at the subsector level: (i) the size of a subsector in the economy, (ii) growth multiplier effect through linkages of a subsector with the rest of the economy, (iii) poverty reduction - growth elasticity effect through growth primarily led by a subsector, and (iv) market opportunities and price effect for individual agricultural products.