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Inclusive Growth and Poverty Alleviation: The Ogun State, Nigerian SubNational Experiments

Authors: ONAKOYA Adegbemi

Publication Type: Journal article

Journal: Lasu Journal Of Management Sciences

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Abstract

The study examined the comparative performance of two initiatives embarked upon in Ogun State, a sub-national government as an economic inclusive strategy. The Ogun State Agricultural and Multipurpose Credit Agency (OSAMCA) owned by the government and the Ijebu-Ode Development Initiative on Poverty Reduction (IDIPR), formerly Ijebu-Ode Development on Poverty Reduction (IDBPR) - a community based organisation initiative by a town in Ogun State provided funding and capacity building opportunities to individuals and small scale enterprises. Utilising the Quantitative Comparative Analysis (QCA) as a technique to analyse the secondary data sets on the performance of the two organisations, the research finds that both organizations recorded some levels of success in alleviated dome levels of poverty. IDIPR, using the famed private sector orientation, fared better than the government-owned-OSAMCA. The governmentowned OSAMCA with high default rate of politically motivated loans however has constrained its lending activities. On the other hand, IDBPR, with its famed private sector management mechanism, continued to be profitable whilst positively impacting of the net worth growth of its intended clients. While the input and outputs are easily measurable, the outcomes of the financial and development interventions have been largely untracked by both programme managers. The other factor is the non-injection of new fund by the government. Specific research into changes in the net income to households from different activities is recommended. This study canvasses for government financial support for programmes aimed at engendering inclusive growth, it should refrain from interference in their operations.

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ONAKOYA,A. . (0000). Inclusive Growth and Poverty Alleviation: The Ogun State, Nigerian SubNational Experiments, 2 (), 27-27.

ONAKOYA,A. . "Inclusive Growth and Poverty Alleviation: The Ogun State, Nigerian SubNational Experiments" 2, no (), (0000): 27-27.

ONAKOYA,A. and . (0000). Inclusive Growth and Poverty Alleviation: The Ogun State, Nigerian SubNational Experiments, 2 (), pp27-27.

ONAKOYAA, . Inclusive Growth and Poverty Alleviation: The Ogun State, Nigerian SubNational Experiments. 0000, 2 ():27-27.

ONAKOYA,Adegbemi , . "Inclusive Growth and Poverty Alleviation: The Ogun State, Nigerian SubNational Experiments", 2 . (0000) : 27-27.

O.Adegbemi , "Inclusive Growth and Poverty Alleviation: The Ogun State, Nigerian SubNational Experiments" vol.2, no., pp. 27-27, 0000.

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