EFFECT OF POVERTY REDUCTION PROGRAMMES ON ECONOMIC DEVELOPMENT EVIDENCE FROM NIGERIA
Authors:
BINUYO Babatunde
Publication Type: Journal article
Journal: Arabian Journal Of Business And Management Review (oman Chapter)
ISSN Number:
0
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Abstract
This work observes the effect of poverty reduction programs on economic development evidence
from Nigeria. Poverty reduction is a serious matter that requires serious attention. Despite
various poverty reduction programs flag off by various past and present governments in Nigeria,
it seems that this menace is still living with us. Therefore, the aim of this paper is to find out the
causes of poverty and how it can be curbed or reduced to the barest minimum through policy
recommendations .This study covers the period of 1980– 2010, analyzing time series data
obtained from secondary sources. The essence of the study is to investigate the significant effect
of various anti-poverty programs set up by various governments to reduce poverty level in
Nigeria. The researcher employed the Ordinary Least Square technique to measure the
incidence of poverty. The analysis was facilitated with the use of E-views analytical package.
Findings reveal the existence of overall significant effect of poverty reduction on economic
development in Nigeria.
