・Summary
This paper examines the incidence, causes, and consequences of poverty in Nigeria, Africa's largest economy by GDP and most populous country. Nigeria ranks among the countries with the highest poverty rates globally, with over 40% of the population living below the poverty line. The country faces significant regional disparities, with the northern regions consistently recording higher poverty levels compared to the south. Poverty is exacerbated by economic factors such as unemployment, overdependence on oil, corruption, poor governance, inadequate education and healthcare, and climate change. Poverty and development are inextricably linked, with poverty hindering economic growth and underdevelopment perpetuating poverty through inadequate infrastructure, services, and opportunities. Government policies and programs, such as the National Poverty Eradication Programme (NAPEP), social investment programs, and community-led initiatives, have been implemented to address poverty. However, challenges in combating poverty include corruption, mismanagement, insecurity, and rapid population growth. Policy recommendations include economic diversification, strengthening institutions, and addressing corruption and mismanagement.
・Table of Content
1. Title
2. The state of poverty in Nigeria
3. Key trends and figures
4. Development effort and challenges
5. Pathways to sustainable development
6. Conclusion
7. References