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Friday, February 7, 2020 | History

2 edition of Growing the economy and achieving poverty reduction in Nigeria found in the catalog.

Growing the economy and achieving poverty reduction in Nigeria

Growing the economy and achieving poverty reduction in Nigeria

the crucial role of MSMEs

by

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Published by Ezu Books in Enugu, Nigeria, Connecticut .
Written in English

    Subjects:
  • Small business -- Nigeria,
  • Poverty -- Nigeria

  • Edition Notes

    Includes bibliographical references and index.

    Statementedited by Ikechukwu E. Nwosu, Chukwuemeka C. Okereke.
    ContributionsNwosu, Ikechukwu Enoch., Okereke, Chukwuemeka C.
    Classifications
    LC ClassificationsHD2346.N6 G76 2007
    The Physical Object
    Paginationxvi, 227 p. ;
    Number of Pages227
    ID Numbers
    Open LibraryOL23871714M
    ISBN 109784835835
    ISBN 109789784835831
    LC Control Number2008531479

    When one talks about poverty in Nigeria it knows no bound as it is visible in all aspects and segments of the society. It covers the period of yearsand the data was mainly from CBN statistical bulletin. This duty is limited to the Nigerian economy for the period of This is because there is difficulty in deciding where to draw line between poor and non-poor. Pp Their study shows that that there is positive and significant relationship between poverty reduction and populations, microfinance credit in Nigeria.

    China development model offered an example to Nigeria if Nigeria intends to set out long-term development objectives including promoting sustainable growth and welfare improvements for the Nigerian people as well as the medium-term strategy for operationalizing Vision The book records the thinking and actions of Xi in the area of poverty alleviation. Nigeria is a country that enjoys the bountiful environment of nature and yet cannot appropriate the natural resources to its advantage. Turvey, C. Ethiopia, Rwanda and Uganda had to recover from prolonged and violent conflict, but their growth has been sustained—despite the impediment of being landlocked.

    He set as the official deadline for a return to democratic governance. All these could be attributed to poverty that has eaten deep to the fabric of the Nation. Civil war — Main article: Nigerian Civil War The Republic of Biafra in Junewhen it declared its independence from the rest of Nigeria The disequilibrium and perceived corruption of the electoral and political process led, into back-to-back military coups. Understanding Regulati. More importantly, it is clear from the Table 1 that there is positive correlation between poverty and economic growth.


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Growing the economy and achieving poverty reduction in Nigeria Download PDF Ebook

Therefore, to reduce poverty, a sustainable increase in economic growth should be achieved by government through stable macroeconomic policies, good governance and development in infrastructure.

According to the report, the proportion of Nigerians living below the poverty line of one dollar a day has increased dramatically during the last two decades. As oil revenues fueled the rise of federal subsidies to states, the federal government became the centre of political struggle and the threshold of power in the country.

It covers the period of yearsand the data was mainly from CBN statistical bulletin. China will further synergize development strategies sincerely and deepen practical Growing the economy and achieving poverty reduction in Nigeria book with Nigeria enormously.

Results show that initial level of economic growth had no impact in poverty reduction whereas a positive change in economic growth caused poverty reduction. Additionally, Nigeria is also facing a relatively high inequality, worsening the problem regarding the formation of human capital.

Unless the mind is transformed development will not happen. The ordinary least square method was used to investigate this work. Yelwa and Emmanuel examine Impact of poverty alleviation and wealth creation on economic growth in Nigeria using an Ordinary Regression Analysis to estimate the linear functional relationship between poverty alleviation as well as wealth creation and the selected variables.

Our Economy, our Future: Final Report. Despite all these, the level of poverty continues to be on the increase.

We thus expect a positive relationship between poverty and unemployment. It measures the percentage of the total variation of the dependent variable as explained by explanatory variable. The picture is a jigsaw made up of many pieces. Colonel Emeka Ojukwu. Goodluck Jonathan was sworn in as Yar'Adua's replacement on 6 May[89] becoming Nigeria's 14th Head of State, while his vice-president, Namadi Samboan architect and former Kaduna State governor, was chosen on 18 Mayby the National Assembly.

Coombs, W. Xi's said that "developing the economy is our political priority", "equal importance to growing the economy and keeping the government clean" were not the only key to Ningde's success in poverty reduction and development, but were also an epitome of the whole nation's successful experience in reform and opening-up.

The Challenge of Growth with Inclusion. It is a case of poverty in the midst of plenty. Thus we expect an inverse relationship between poverty and literacy rate.

The findings and the conclusion of the study suggested the need for the policy makers to ensure equitable distribution and allocation of the national income. Poverty Profile in Nigeria between Considering the huge natural resources and human resources the country is endowed, one will think that the citizen of this country should be swimming in prosperity and abundance of wealth and riches but the reverse is the case.

POVERTY AND THE NIGERIAN ECONOMY

Unit Root Test In literature, most macroeconomic time series variables are trended and therefor in most cases are non-stationary and using non-stationary variable in the estimation of model leads to spurious regression Granger and Newbold,Asteriou and Hall San Francisco.

Jiggins, J. Poverty Rates across Geopolitical Zones 3. He shifted money to offshore accounts in western European banks and defeated coup plots by bribing army generals. Obaseki ed. That spelled doom to federalism in Nigeria.

However, there exist a negative relationship between literacy rate and poverty which means increase in literacy rate will have a significant impact in reducing poverty rate in Nigeria.

The current and future generations of Africans need better quality education, better healthcare, and infrastructure, investment and support that create good livelihoods—as farmers, informal entrepreneurs, and waged workers. As a source for ideas for you own research if properly referenced 3.Nov 22,  · To complicate matters, the 5% percent growth rate is not enough for Nigeria to accelerate poverty reduction.

As most people know, Nigeria has an estimated yearly population growth of.

Inequality in Africa: Implications for the Sustainable Development Goals

Sep 27,  · the Case of Economic Growth and Social Development, Part I By Teshome Adugna (PhD)1 September 27, 1. Introduction Planning can be defined as "a continuous process which involves decisions or choices, about alternative ways of using available resources, with the aim of achieving particular goals at some time in the future.

Africa is currently the second most populous continent in the world; its current population is billion. This growing population of Africa could reach 2 billion by and billion by as per the United Nations projections.

This shows that one in five consumers globally will be African.Growth & Pdf in Nigeria Pdf The growth elasticity of poverty is the ratio of change in poverty to the change in size of the economy or average incomes. A positive number indicates poverty increasing with economic growth, a negative number indicates decreasing poverty, and numbers near zero indicate no change in poverty.

Research Question.The political economy of poverty, equity, and growth: Nigeria and Indonesia (English) Abstract. This download pdf analyzes economic developments of Indonesia and Nigeria during the period It addresses why Indonesia was so much more successful than Nigeria during this period.

The book consists of three parts. Part I focuses on Nigeria and part Cited by: Ebook reduction Policies and Pro-Poor Growth in Nigeria The attempt by Nigeria to shift the focus of the economy from the oil industry to other economic activities has been unsuccessful.