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Poverty reduction Policies and Pro-Poor Growth in Nigeria

Author

Listed:
  • Lloyd Ahamefule Amaghionyeodiwe

    (University of Ibadan, Nigeria)

  • Tokunbo Simbowale Osinubi

    (University of Lagos, Nigeria)

Abstract

Recently the depth and severity of extreme poverty in Nigeria has been alarming. And over the years, the government undertook some poverty reduction policies with the aim of reducing, if not totally eradicating, poverty. These policies were expected to at least raise the standard of living of Nigerians. The impact of these policies on alleviating poverty has been contentious. Some studies in the past have argued that the poor has benefited more from these policies, some found that there was positive real growth yet poverty and inequality still worsened, and this can be traced to the nature of growth pursued and the poverty reduction policies that underline it. This study empirically evaluates macroeconomic policies vis-oor growth in Nigeria using secondary data covering the period 1960 to 2000. The study found among others that economic growth in Nigeria has been slightly pro-poor. That is, growth was actually weakly pro-poor. Also, those that are far below the poverty line have not really been enjoying the benefits of growth. Infact, the benefits getting to them has been decreasing at an increasing rate. And economic growth in rural areas will be slightly more pro-poor than in urban areas. Overall growth in Nigeria is not necessarily always pro-poor.

Suggested Citation

  • Lloyd Ahamefule Amaghionyeodiwe & Tokunbo Simbowale Osinubi, 2004. "Poverty reduction Policies and Pro-Poor Growth in Nigeria," Brazilian Electronic Journal of Economics, Department of Economics, Universidade Federal de Pernambuco, vol. 6(1), February.
    • Handle: RePEc:bej:issued:v:6:y:2004:i:1:lloyd
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    Citations

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    Cited by:

    1. Amadi Kelvin Chijioke & Alolote Ibim Amadi, 2019. "Human capital development presupposes investments, activities, and processes facilitating the generation of technical and expert knowledge; skills, health or values that are embodied in people. It imp," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 5(5), pages 13-22, July.
    2. Addison, Douglas & Wodon, Quentin, 2007. "Macroeconomic Volatility, Private Investment, Growth, and Poverty in Nigeria," MPRA Paper 11113, University Library of Munich, Germany.
    3. Sanjay K Mohanty & Golam Rasul & Bidhubhusan Mahapatra & Dhrupad Choudhury & Sabarnee Tuladhar & E. Valdemar Holmgren, 2018. "Multidimensional Poverty in Mountainous Regions: Shan and Chin in Myanmar," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 138(1), pages 23-44, July.
    4. Rufus B. Akindola, 2009. "Towards a Definition of Poverty," Journal of Developing Societies, , vol. 25(2), pages 121-150, April.
    5. Quentin Wodon, 2007. "Growth and Poverty Reduction : Case Studies from West Africa," World Bank Publications - Books, The World Bank Group, number 6875.
    6. Hummera Saleem & Malik Shahzad Shabbir & Bilal Khan, 2021. "Re-examining Multidimensional Poverty in Pakistan: A New Assessment of Regional Variations," Global Business Review, International Management Institute, vol. 22(6), pages 1441-1458, December.

    More about this item

    Keywords

    economic growth; poverty;

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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