Tag Archives: Poverty

Education Inequality with Emphasis on Schools Drop Out Among Girls in Basic Schools: A Case Study of Tamale Metropolis in Northern Ghana (Published)

Over the years, Government of Ghana and Non-Governmental Organizations have implemented a number of policies and interventions aimed at achieving access and quality education which is gender inclusive in basic schools across the country. Some of these policies from Government of Ghana include School Feeding Programme, Capitation Grant, Free Exercise Books and recently the Free School Uniforms for pupils in Basic Schools among others. Despite these interventions, drop out from school especially among girls at the basic level it still a problem in Ghana. This paper specifically focused on school dropout among girls in basic schools in Ghana; A case study of Tamale Metropolis. The Metropolis was selected for the study because of the demographic characteristics that pose challenges to girls schooling and its accessibility with regards to location. Qualitative method was used to gain an insight into the perceptions and feelings of teachers, parents, out of school girls and girl learners on causes of dropouts among girls. The case study design was used because the researchers wanted to have a clear understanding of why and how girl child school dropout happens. The population of the study comprised of head teachers, teachers, District Girls Education Officer, parents, school girls and out of school girls. Purposive sampling was used to select 20 Primary Schools and 10 Junior High Schools from the district whose total enrolment of boys out number girls. Data was collected using interview as main instrument. The study also used secondary data from published dissertations, textbooks, journals and the internet. Several strategies were used to ensure data quality. The findings reveals that parental ignorance on value of girls education, poor parental care, teenage pregnancy, early marriage, poverty, child prostitution, migration of girls to major cities in the south to work as head potters and peer group influence are some of the major reasons why girls drop out of school in Tamale Metropolis. Based on the findings, it has been recommended that Government should roll out programmes to reduce poverty in the country. Scholarships and other incentives should be provided to needy but brilliant girls to enable them stay in school to learn for a brighter future. Sex education and career counselling should be given to girls to help reduce teenage pregnancies. Basic schools should also be encouraged to set up girls clubs to monitor and motivate girls to take their education seriously. Disable and girl friendly infrastructure should be provided in schools to make them safe for girls. Corporal punishment especially canning should be abolished entirely to make schools safer places for girls. Punitive actions should be given to those who marry school girls to serve as deterrent to others. Finally, parents within the metropolis should be sensitized on the value of girls education to enable them support their school girls to stay and learn in school for a brighter future.

Keywords: Basic Education, Dropout among girls, Poverty, Teenage Pregnancy and Girls Education.

The Palestinian Short Story between 1944 and 1967: Themes and Motifs (Published)

The Palestinian short story was typified with its inclination to be a historical manuscript, ruled by a sense of unease, muddle and dread of the future. The continuous depiction of painful confrontations with the authorities, including their various mechanisms, generated a large collection of motifs and themes colored with intense suffering and extreme pain and shaded with a permanent endeavor to detect a better and bright future. As a result, the stories functioned like real photographs of what was actually happening on the ground. Of these themes and motifs, one can read about the Nakba (calamity) and family reunion, land confiscation and Judaization, military rule, military courts, the role of Arab states, the role of the Israeli Communist Party and finding work, poverty, imposed marriages and other social topics.

Keywords: Finding Work, Military Courts, Military Rule, Nakba and family reunion, Poverty, imposed marriages and other social topics, land confiscation and Judaization, the Palestinian short story, the role of Arab states, the role of the Communist Party

Impact of Comprehensive Village Development Programme (CVDP) on Poverty Reduction: A Case of two Villages in Comilla Adarsha sadar Upazila (Published)

The present study highlights the impact of Comprehensive Village Development Programme (CVDP) on Poverty Reduction in two villages of Comilla District. It was found that the programme has contributed much to human resources development through imparting training, organizing capital through share-savings, harnessing local resources through participative planning, enriching entrepreneurial skills by implementing different Income- Generating Activities (IGA) through micro-credit, and on the whole, creating social capital for village development. This research used head count method for poverty measurement and found that CVDP played vital role in reducing poverty in the two researched villages. It was found that poverty in the researched villages is now less than 23% in 2013 compare to 67% in 2003.

Keywords: Poverty, Poverty measurement, Village Development

Analysis of Poverty Trends in Ghana (Published)

The definition of poverty differs across regions and localities in reference to traditions and what society perceived to be poor characterises of a household. In the past, poverty was defined based on household indices such as income levels, consumption and expenditure patterns among others. However, in our efforts to estimate poverty level of households or communities, one has to take into consideration the multi-dimensional nature of poverty and factors that contribute to poverty including both human and social indices normally drafted into poverty reduction projects and strategies.

Keywords: Ghana, Poverty, Trends

Islamic Microfinance System and Poverty Alleviation (Published)

Islamic microfinance is a finance system that follows the teachings of Shariah laws; this is a financial system that does not attract interest and promotes the welfare of its members while following the ethical business practices. This is a concept that is fast gaining prominence as a means of alleviating poverty especially in developing countries. In this paper, it has been found out that Islamic finance plays an important role in social economic development of its members without charging interest on the members. Furthermore, Islamic finance offers different ethical instruments and schemes that can be used for the purposes of microfinance. In Islamic finance, investors are allowed to determine the nature of investments that are done using their money. This paper is therefore important in understanding the concept of Islamic finance in alleviating poverty. It can be very useful for banks and financial institutions who have Muslims as part of their client base.

Keywords: Islamic System, Microfinance, Poverty

Sustainable Tourism Practice; a Panacea for Reviving Bilikisu-Sugbon Tourist Attraction and Reducing Poverty in Oke-Eri, Ogun State, Nigeria (Published)

This study investigates the current status of the Bilikisu Sugbon tourist attraction in Oke-Eri, Via Ijebu-Ode-Ibadan Express way, Ogun State, Nigeria. It also assess the standard of living of the residents of the Oke-Eri community. The attraction, haven received lots of attention from scholars in archaeology and other disciplines, and also government of Ogun State in the past with the goal of making it a befitting tourist destination has remained in a poor state.A survey was conducted to gather information on the current status of the tourist site. Random sampling technique was used to select 100 local residents of the community and 50 tourists during the 2015 Christmas celebration and another 50 during the 2016 Eid’L Fitri Festival celebration, and questionnaires were administered to them accordingly. Also, purposive sampling method was used to select specific people and groups in the community for personal interview and focus group discussion respectively. Key informant interview method was also used to gather information from three community chiefs and two management staff of the Ogun State Tourism Board. Data gathered were subjected to analysis and presented using frequency counts, simple percentile, charts, chi square.Findings of the study revealed that, the economic activity in Oke-Eri is very low (P<0.05) and there is a high level of poverty in the community despite the tourism potentials present there. It was found that, reviving the Bilikisu-Sungbo tourist site would help in reducing poverty and enhance the socio-economic status the community (P<0.05). The study also revealed that what led to the dilapidation of the attraction after it was earlier developed by the Ogun State Government in the early 1980s was political instability and lack of sustainable development practice. The study concludes that, there is urgent need for the Ogun State government to be committed to the reconstruction of the Bilikisu-Sugbon tourist site in Oke-Eri either through direct investment or encouraging public-private-partnership (PPP) initiative, in order, to redeem the image of the attraction, foster socio-economic growth of the community and reduce poverty in the community. The study therefore recommends that there must be a sustainable master plan in place, public-private-partnership (PPP) initiative should be considered and the local community should be actively involved in the reconstruction process and management of the attraction when re-opened to the general public as a tourist site as part of requirements for ensuring sustainability.

Keywords: Panacea, Poverty, Revival, Sustainability, Tourism

Business Benefit Concerns of Women Processors of African Locust Bean Seeds for Poverty Reduction in Enugu State-Nigeria (Published)

The study was carried out to find solution to the business benefit concern of women processors of African locust bean seeds for poverty reduction in Enugu state-Nigeria. Three research questions guided the study. Survey and Quasi-experimental design was adopted by the study. The sample for the study was 326 made up of customers from Ogbete (150), Obollo-afor (80 and Ogige (96) markets all in Enugu state. The instruments for data collection were interview schedule, counterfactual questionnaire items, interest inventory and experimental records. Data were collected by the researchers with the help of two assistants selected based on their familiarity with the study area and ability to interpret the questionnaire items in local dialects of the respondents. Percentage was used for quality analysis of the interview schedule (phase 1A), mean was used to answer research questions one (phase 1B) and three while market record was used to answer research question two. The study found out that customers rejected machine processed locust bean because of sour taste, low keeping quality and contamination among others. The study also showed that when the limitations of machine processed locust bean were eliminated through experiment, customers’ demand for the product increased which was indicated by the interest inventory data. The study therefore recommended that workshop should be organized at the local levels by extension officers for re-training of women processors and machine operators using the identified steps in the experimented processing of locust bean seeds to help overcome the business concerns of the women for poverty reduction in the Enugu state.

 

Keywords: Business, Poverty, Processing, counterfactual factors, locust bean

Insight into the Forms of Adult Literacy Education Programme as Agents of Transformation in Nigerian Democratic Society in Terms of Equity and Poverty Reduction (Published)

Though adult education has been identified and perceived for its complexities, the national policy on education in Nigeria and constitution ascribed its functionality to the country’s democratic situation since independence. It democracy, a social mechanism for solving the problems of societal decision making among conflicting interest groups id tied to literacy, participation and education of the adults should be accorded a critical focus and situationally taken care of. This important factor in a democratic setting of Nigeria has not been given adequate attention like that of the youth. It is in the light of this, that this paper addresses the forms of adult literacy education programmes as agents of Nigerian transformational democracy in terms of equity and poverty reduction. The paper concludes that literacy education for the adults had undergone significant changes functionally in terms of felt needs, quality and control since independence. It also suggests that provision of enlightenment programmes should be addressed aggressively.

Keywords: Adult Education, Democratization, Poverty, transformation and literacy

Farm Business Management Skills a Missing Link for Smallholder Farmers: A Case of Malingunde, Malawi (Published)

This study aimed to assess specific farm business management skills which are essential soft skills for increasing agricultural profitability. The study aimed specifically to assess whether smallholder farmers have received farm business training from any organization; examining the level of satisfaction and importance of the farm business management trainings and exploring specific farmers training needs with respect to core principles of farm business management. Quantitative data from 200 smallholder farmers and other stakeholders involved in agricultural activities was collected in central region of Malawi and analysed using Spearman rank correlation with its rho test statistic (rs) tested the relationship between training in farm business management and farmers’ satisfaction and performance. The study found that less farmers received farm business management skills training, training service providers from both government and non-governmental organizations are not providing the necessary management skills due to either inadequate capacity, knowledge and resources or a combination of these.

Keywords: Farm Business Management Skills, Poverty, Smallholder Farmers

Problems and Prospects of Poverty Alleviation Programmes in Nigeria (Published)

Several poverty alleviation programmes in Nigeria, initiated by both the Government and Non-Government Organisations (NGOs), aimed at combating and alleviating poverty, have been found not to be successful. Instead of reducing the incidence of poverty, which is their sole aim, these programmes tend to serve as means for draining the national resources due to the pursuit of parochial interests, as a result fostering corruption and dishonesty. For a successful implementation of these programmes, the government and the implementation agencies must take a more proactive approach and specifically look into the area of poor management and poor accountability, among staff. Also poverty is a multidimensional issue, hence cannot be fought focusing only on one sector of the economy, strategies for poverty reduction must also be multidimensional, focusing on all sectors, as well as, on the emancipation of the poor. Strengthen the existing poverty alleviation strategies and ensuring good management could be one major way towards the effective performance of existing poverty alleviation programmes.

Keywords: Nigeria, Poverty, Poverty Alleviation, Poverty alleviation programmes

The Palestinian Short Story between 1944 and 1967- Themes and Motifs (Published)

The Palestinian short story was typified with its inclination to be a historical manuscript, ruled by a sense of unease, muddle and dread of the future. The continuous depiction of painful confrontations with the authorities, including their various mechanisms, generated a large collection of motifs and themes colored with intense suffering and extreme pain and shaded with a permanent endeavor to detect a better and bright future. As a result, the stories functioned like real photographs of what was actually happening on the ground. Of these themes and motifs, one can read about the Nakba (calamity) and family reunion, land confiscation and Judaization, military rule, military courts, the role of Arab states, the role of the Israeli Communist Party and finding work, poverty, imposed marriages and other social topics.

Keywords: Finding Work, Imposed Marriages., Judaization, Land Confiscation, Military Courts, Military Rule, Nakba Family Reunion, Palestinian Short Story, Poverty, Role of Arab States, Role of the Communist Party

Does Microfinance Improve the Standard of the Poor (Published)

Access to microfinance is expected to improve the standard of living of the poor that are economic active and microfinance clients by enabling them to increase their household income. This study examined the contributions of Microfinance institutions to poverty reduction in Southwest Nigeria, using both primary and secondary data collected from Microfinance institutions (MFIs) and randomly selected customers (micro, small and medium enterprises) of the same Institutions. The study adopted a multistage sampling technique. The data from the survey was used to analyze the impact of loan received on earnings using a loan-impact probability model. The study found that Microfinance is an effective poverty alleviation strategy as it reaches the target customers more effectively and helps to a large extent in improving their standard of living and social status and also impacts greatly on Customers’ savings habit and income generation. The study therefore recommended that MFIs should embark on funds mobilisation drive to be able to reach out to more viable customers for provision of financial services. It also recommended that there should be provision of incentives by government to sustain MFIs in order to further extend their services to the rural areas and capacity building of MFIs in Nigeria should be made mandatory so as to develop appropriate policies that will enhance sustainability and stability.

Keywords: Incentives, MSMEs., Microfinance, Microfinance Institutions (MFIs), Poverty

Contemporary Social, Political and Religious Satire under the Silent Penetration of Poverty and Class Discrimination: An Exploration on Aravind Adiga’s ‘The White Tiger’ (Published)

“The White Tiger” is a Man Booker Prize (2008) winning book is written by the great Indian-Australian writer, Aravind Adiga. This article lets us know how the class discrimination is engulfing the Post-Colonial Indian Society under the silent penetration of poverty and corruption and how the human morality is decaying under the religious and political unrests. Here, the narrator and protagonist, Balram Halwai, struggles against his lower class society from the very initial time of his life. His life undergoes with serious sufferings from economical solvency because of being in the lower Hindu cast. He senses the tortures of the elite class people towards the deprived poor. He witnessed the deaths of many dreams in a poor family. He observes it as a “Rooster Coop” that stands for the extreme poverty where the people below the social margin remain in a great danger and never rebel against the society as they have no wealth and power. He scrutinizes the huge corruptions in politics and in every class he went through. As a driver, he has had a great chance to discover the great Indian corruptions on the root levels of cities and towns. His mind always rebels against those terminations but he is to go on as to be alive in his ways of being an enlightened person. Nevertheless, he takes in a great loss of pain but what he has gained at last is nothing but dishonesty and rampancy of corruption because all his perceptions are only for earthly happiness of money. What he got after killing Mr. Ashok and stealing his money (700,000 Rs.) is really a mystery to the readers. Significantly, Aravind Adiga has tried to rectify the human society by upholding the above facts that are running on ahead.

Keywords: Corruption, Discrimination and Nihilism, Economics, Politics, Poverty, Satire, Sufferings

Inequality, Poverty among Nigeria Women and Youth and the Challenges of Inclusive Growth in Post 2015 Millennium Development Goals (MDG) (Published)

By all standards, economic growth is expected to reduce poverty, rather poverty in Nigeria has remained high as 112m people representing 67 percent of the population are in abject poverty while GDP rates fell to 7.68 per cent in 2011 from 8.60 in 2010. Income inequality was 0.3594(2010) and -25.9 in 2011(BOS,2012). If Millennium Development Goals (MDG) could affect poverty level in India and China, why has Nigeria’s poverty level remained high? The study hence, examined the challenges of inequality and poverty reduction among Nigerian women and youth with focus on inclusive growth in post 2015 MDG. Content analysis of secondary literature was undertaken to address the problem of the study. Findings indicated that poverty in Nigeria is not affected due to misdirection of programmes from rural to urban areas, inadequate funding, lack of control, transparency and accountability and inadequate coverage of the poor. The study suggested that entrepreneurial training programmes and capability creation, combined with an all inclusive effort aimed at providing education and health facility, integrated growth, income distribution, and financing land ownership are highly required. Conclusively, poverty in Nigeria can be substantively reduced if an all inclusive approach is adopted covering entrepreneurial training backed with monitoring and accommodation of large coverage of the poor in the programme in post 2015 MDG plans.

Keywords: Entrepreneurship, Inclusive Growth, Inequality, Poverty

YOUTH UNEMPLOYMENT AND POVERTY IN NIGERIA (Published)

Unemployment and poverty are both reflective and precipitants of plethora of contemporary societal challenges such as leadership, security, governance, etc. that are inimical to human social – existence (for engendering adequate human capacity building and material utilisation) globally. For instance, the National Bureau of Statistics in Nigeria revealed the alarming rate of youth unemployment which is as much as 50%. Considering the fact that, the current population growth rate is put at 2.8 per annum in Nigeria which accompanies an already national population of over 167 million people. Therefore, the extent to which these challenges possess to the nation is remarkably worrisome in recent times, is the escalating and worrisome rate of youth unemployment which has assumed an alarming crescendo. It is against this backdrop, the paper sees to its justification the need to see to its imperativeness with a view of given cogent attention for their needs. Hence, this paper examines “the intimate connection between unemployment and poverty, and how these two phenomena affect the youth in Nigeria”. In order to fulfill the objectives of this paper, relevant literature were consulted and established database explored for holistic and comparative study, to illustrate the mitigation and enabling factors for the realization of the objectives of youth employment and poverty alleviation if not total eradication in the society – Nigeria. With the aid of content analyses of the materials explored: this paper contend that fundamentally, there is a close nexus between poverty and unemployment with direct bearings on the critical segment of the society, particularly the youth. Also, inspite of the myriad policies and programmes initiated by successive Nigerian government such as National Economic Empowerment and Development Strategy (NEEDS), Subsidy Re-Investment and Empowerment Programme (SURE-P), National Directorate of Employment (NDE), National Youth Service Corps (NYSC) Schemes in Nigeria, as lofty and laudable as they seem, their inability to affect the real target (youth), reflects the lacuna between policy formulation and implementation. The thrust of this paper therefore is its strong proposition to government at all levels to demonstrate a commitment towards responsive governance, with focus on jobs creation and eradication of poverty. In addition, appropriate authorities should endeavor to sensitize the citizens on the need to embrace birth control measures for the purpose of engendering sustainable development.

Keywords: Population and Development, Poverty, Unemployment, Youth

EFFECTS OF GENDER BASED DISCRIMINATORY PRACTICES ON POVERTY REDUCTIONAND WOMEN EMPOWERMENT IN NGOR –OKPALA AREA OF IMO STATE, NIGERIA. (Published)

This study assessed the effect of gender-based discriminatory practices on poverty reduction and women empowerment in Ngor Okpala Local Government Area of Imo State, Nigeria One hundred and twenty (120) female respondents were randomly selected from twelve communities, ten respondents from each of the twelve communities. Questionnaire were used for data collection. Data were analyzed using frequency distribution, percentage and mean. The results showed that most of the respondents were 51-60years of age and majority of the women were married and mostly secondary school leavers who had farming as their major occupation. The result showed that women are being discriminated upon in decision making, education, inheritance (land), in employment and some of these discriminations are caused by cultural and religious laws which restrict women from fully utilizing their potentials. The result also showed that discrimination of women leads to increased poverty level and psychological effect such as low self esteem and lack of confidence, subsequently affecting poverty reduction and women empowerment negatively. Based on the major findings, the following recommendations were made. Cultural and religious laws should be restructured to suit modern day society, equal educational opportunities should be provided to women, and skill training facilities should be provided to empower women. Also, Government should formulate policies that allows for equal right in inheritance especially land. Women should be given equal right and power in decision making, equal opportunities for women to participate in Various Societal Activities.

Keywords: Discrimination, Education, Empowerment, Gender, Poverty

Effects of Gender based Discriminatory Practices on Poverty Reduction and Women Empowerment in Ngor –Okpala Area of Imo State, Nigeria (Review Completed - Accepted)

This study  assessed the effect of gender-based discriminatory practices on poverty reduction and women empowerment in Ngor Okpala Local Government Area of Imo State, Nigeria One hundred and twenty (120) female respondents were randomly selected from twelve communities, ten respondents from each of the twelve communities. Questionnaire were used for data collection. Data were analyzed using frequency distribution, percentage and mean. The results showed that most of the respondents were 51-60years of age and majority of the women were married and mostly secondary school leavers who had farming as their major occupation. The result showed that women are being discriminated upon in decision making, education, inheritance (land), in employment and some of these discriminations are caused by cultural and religious laws which restrict women from fully utilizing their potentials. The result also showed that discrimination of women leads to increased poverty level and psychological effect such as low self esteem and lack of confidence, subsequently affecting poverty reduction and women empowerment negatively. Based on the major findings, the following recommendations were made. Cultural and religious laws should be restructured to suit modern day society, equal educational opportunities should be provided to women, and skill training facilities should be provided to empower women. Also, Government should formulate policies that allows for equal right in inheritance especially land. Women should be given equal right and power in decision making, equal opportunities for women to participate in various societal activities

Keywords: Discrimination, Education, Empowerment, Gender, Poverty

CHILD LABOUR AND ITS SOCIAL IMPLICATIONS ON CHILDREN IN SELECTED CITIES IN NIGERIA (Review Completed - Accepted)

Severe economic crisis has contributed to the rise in the incidence of child labour in Nigerian cities. For many hours a day, children are engaged in economic tasks (paid and unpaid for), which are detrimental to their physical, mental, social and moral well-being. For these children, involvement in child labour has limited their social relevance to the immediate and larger society. The main objective of this study therefore, is to examine the social implications of child labour on children in selected Nigerian cities. The specific objectives of the study include: (i) assess the incidence of child labour in the Nigerian cities, (ii) examine the implications of child labour on children’s education, health and delinquent behaviour.

The study adopts survey research method in which relevant data were collected through administered questionnaire to respondents. The respondents were selected from three cities in Nigeria namely; Ibadan, Enugu, and Kaduna. The cities were selected based on their strategic importance as former administrative centres of the three old regions of Nigeria. Some of these areas were chosen randomly in each city and a total of 826 child labourers were selected as respondents using judgemental sampling method. Chi-square was used to determine the relationship between the type of child labour engaged in and respondents’ social characteristics.

Findings from the study revealed that: (i) child labour activities fall into different categories namely, bus conducting, car washing, hawking, begging and others such as weaving, tailoring, hairdressing and auto-repairing, (ii) most children who engage in child labour are largely from the lower economic stratum of the society; (iv) incidence of child labour was also significantly related to the rate of  child’s health status (r = 0.21> t0.05); school attendance (r = -0.62 > t0.05); academic performance (r =0.39 > t0.05) their delinquent behaviours (r =0.57 > t0.05);contact with parent (r = 0.24 > t0.05) and child’s exploitation by employers (r= 0.31 > t0.05).

In conclusion, children who engage in economic activities are found to be different with respect to their social development. It is therefore recommended that: (i) strict measure should be taken by appropriate authorities to curtail employers from engaging under-aged children in hazardous jobs that can impair their health status and hinder their educational development; (ii) there should be public enlightenment programmes, targeted at the poor section of the population, on the negative implications of child labour to the victims (the children), the family and the society at large; (iii) efforts should be made to embark on realistic and practicable poverty alleviation programmes aimed at reducing the incidence of poverty  among Nigerians which was found to be a major cause of child labour; and (iv) governments at all levels in Nigeria should take practical steps to enforce the existing legislation on free basic (primary) education as a way of removing many child labourers from the street to the class.

Keywords: Child Labour, Child Rights, Delinquent Behaviour, Poverty, Social Implications

‘POVERTY DEFINITION’ AND ITS CONTRIBUTION TO PROJECTS FAILURE IN KILIFI COUNTY, KENYA (Published)

It is evident that poverty has remained a key challenge to mankind worldwide with a lot of resources being used to address the same with little success. It is worth noting that the definition of the single word has been the focus despite having different interpretations, with little concern put on its interpretation while coming up with projects to address the same. It was against that background that a cross sectional survey was conducted on two dairy projects targeting poverty reduction in Kilifi County Kenya. Forty farmers supported with dairy cows by Heifer International and Plan international were surveyed. The study observed that inadequacy in resources, knowledge, responsibility, skills and or ability played a key role in projects success and defining poverty. The study led to the definition of poverty as; “the inadequacy in resources, responsibility, knowledge, skills and/or ability to sustain a livelihood and/ or richness in a given community” A Regression model was also suggested to address the five variables in poverty reduction projects.

Keywords: Knowledge, Poverty, resources, responsibility, skills and ability

DOMESTIC DEBT AND POVERTY IN NIGERIA: AN EMPIRICAL TIME SERIES INVESTIGATION (Published)

This work is an empirical investigation of the relationship between domestic debt and the poverty of Nigeria (1986-2012), using the Ordinary Least Square Technique, Vector Auto regression (VAR), Cointegration and Granger Causality Approaches. Using Johansen Cointegration technique, estimated results revealed that there is a long-run relationship between poverty {measured by real gross domestic product (RGDP), per capita gross domestic product (GDPPC), and basic secondary school enrolment} and domestic debt in Nigeria. The study equally reveals that the domestic debt coefficient has positive impact on bank credit and this impact is highly significant. Such credit provides place for rural development project so as to reverse the chaotic trend of urbanization, industrialization, and create lucrative market advancement in the country’s manufacturing sector, thereby, improving the welfare of the citizens.  Hence, the study recommends that Government should make efforts to settle the outstanding domestic debt. This will give room for proper conduct of monetary policy in the economy.  This is necessary because excessive domestic debt sometimes have negative effect on growth, if it persists. The study equally recommends that Government should make available cheaper funds to the investing public so as to help them boost their various investment activities.

Keywords: Basic Secondary School Enrolment, Per capita Gross Domestic Product, Poverty, Real Gross Domestic Product

  • Our Journal Publishing Partners