Tag Archives: Economic Empowerment

Public Policy and Economic Empowerment: A study of Trader Moni Scheme of Buhari Administration in Nigeria (Published)

The study examined the effect of Public Policy on Economic Empowerment – A study of Tradermoni Scheme of Buhari Administration. The survey design was used in this study to generate data. The population of the study consists of all the 87 million people in extreme poverty in Nigeria. The sample selection of the people recognized by our population definition was done randomly. The key instrument used to elicit data in this study was questionnaire. Descriptive and inferential statistics were used to analyse data in this study. The study found that the major activities of Trader Moni towards Poverty alleviation in Nigeria include: N10,000 loan, N15,000 loan, N20,000 loan, N50,000 loan, N100,000 loan, N150,000 loan and N300,000 loan. The study found that Trader Moni generates empowerment for petty traders in Nigeria. The study found that the major factors affecting the implementation of Trader Moni towards poverty alleviation in Nigeria include: Insufficient information, non-payment of stipend to participants as at when due, bribery and corruption, wrong bank verification number (BVN), overbearing hands of politicians in the programme, high transportation fare paid by the participants to work, website and internet hiccups, poor funding of the programme.  Conclusively, eeconomic empowerment and poverty alleviation programmes in Nigeria have since the 20th and 21st centuries been in the increase. Tradermoni aspires to provide a platform where most Nigerian petty traders can access soft loans of interest free orientation. Tradermoni addresses the challenge of petty traders’ lack of capital by providing a structure for interest free loan advancement with repayment plan of six months for a higher loan collection, while linking its core and outcomes to fixing inadequate public services and stimulating the larger economy.  From the test of the hypotheses it was conclusive that trader moni impacts on poverty alleviation in Nigeria and trader moni engenders economic empowerment of petty traders in Nigeria.The study therefore recommends that government should encourage the strengthening of the capability for unemployed rural and urban dwellers. Since unemployed people constitute an increasing portion of the rural dwellers, economic policies should aim at enhancing their economic empowerment and poverty alleviation in Nigeria performance.  Equitable access to financial resources and services should be provided.  They will need credit and extension services and assistance in adopting improved economic empowerment and poverty alleviation in Nigeria practices and technologies that are suited to their capabilities.


Keywords: Economic Empowerment, Public Policy, Trader Moni, Youth

Arts and Crafts as Veritable Sources of Economic Empowerment for Marginalized People in Nigeria (Published)

Man is an imaginary individual created by God in classical economic milieus and he is conceived of as behaving rationally, regularly and predictably in his economic activities with motives that are egoistic, acquisitive and short-term in outlook. From the beginning man was endowed by God with skills to adapt from objects in the natural world for his social, economic, political and material needs. Therefore, working for survival and meeting immediate needs are natural phenomena in human existence. Despite the natural endowment of God some people are still perceived by the human society as lacking desirable traits or deviating from the societal norms and therefore they tend to be excluded by the wider society in the scheme of things and they are ostracized or marginalized as undesirable. These marginalized people who are not self-sufficient become, at a minimum, burden to their immediate milieus, family members, friends and the society, at large. They lose their self confidence because they cannot be fully self supporting. The opportunities denied them also deprive them of many developmental projects that others, with greater opportunities, have accomplished over the years. This has, however, given many of such under privilege individuals psychological, social and even mental health problems. Economic empowerment through arts and crafts is the only means available for these marginalized people to obtain the basic human needs, either directly by themselves, or through the assistance of those who have access to funds that can be used to encourage and develop their skills for self sufficiency.

Keywords: Arts and Crafts, Economic, Economic Empowerment, Marginalized People, Milieus, Self Sufficiency

Effect Of Project Model Change On Project Performance In Rwanda: A Case of World Vision’s Village Savings Loan Associations Project Model in Nyamata Area Development Programme (Published)

This research will focus on the impact of project model change on project performance: a case of Village savings loans and associations in Nyamata Area development programme of World Vision Rwanda. This model of project called VSLAs has been initiated by Care International and World Vision Rwanda (WVR) is applying the model with the purpose of creating self-reliance and auto financing capacities among poor families from Nyamata Area Development programme. VSLAs project members have been able to mobilize their own savings and run income generating activities to satisfy their basic needs without relying on external support and then enjoy the empowerment and sustainability of VSLAs project interventions.The overall purpose is to find out if VSLAs project model is contributing to high project performance in the community of Nyamata Area Development Programme. The objectives of the study are to assess the economic status of the beneficiaries involved in VSLA , to examine family dynamics/social impact for or members of the VSLA, to examine how VSLA has impacted the environment and to analyse how VSLA has alleviated dependency in Nyamata ADP. The target population is 1250 members of the 50 VSLAs groups in Nyamata Area Development Programme. The proposed research design is correlation research whichgives an estimate as to the degree of association between the variables. A simple random sampling technique will be used to select members of VSLAs to be interviewed on how they have been positively affected by being VSLAs members. A sample size will be 120 members of VSLA groups determined using AllainBuchardformular. Both primary and secondary data will be used in this research study. The primary data will be collected directly from the respondents by use of questionnaires, interviews and observation. Secondary data on the other hand will be collected by reviewing Nyamata programme reports, and project design documents about VSLAs formation and how it improves project performance in the targeted area.Concerning the research instruments, the researcher will use closed-ended and open-ended questionnaires directed to members of VLSAs.Descriptive analysis will be used to summarize the characteristics of the respondents, the descriptive statistics will involved the use of mean, frequency, percentages and standard deviation on how VSLAs members have been impacted in creating IGAs, green environment, paying school fees , making decision in the family, acquiring new assets and paying health insurance. The results from this research will be presented in form of tables and bar graphs. The researcher hopes that this study will help World Vision Organization to replicate this project model to all other remaining 28 Area Development programme in Rwanda

Keywords: Economic Empowerment, Handouts, Loans, Project Model, Project Performance, Savings, Service delivery, Village Savings and Loans Associations


Human capital development is an indispensable component of the development process. It is a development strategy aimed at fulfilling the potentials of people by enlarging their capabilities which necessarily implies the empowerment of the people, and enabling them to participate actively in their own development. It also serve a means through which the skills, knowledge, productivity and inventiveness of people are enhanced. This study therefore, examined the impact of human capital development and economic empowerment in the socio-economic development in Akwa Ibom State. The study adopted a historical and descriptive approach in data collection. The study therefore revealed that from 1999 to 2012, the government being the foremost driver of the economy has made a positive impact on the training and retraining of workers in the public sector. This has made the public sector more vibrant, efficient and result-oriented. The study also revealed that aside from training, the government also embarked on elaborate empowerment programme which has helped so many to become self-employed as well as employer of labour. The study further revealed that government failed to give priority need in their training programme to the critical areas in the state namely oil and gas for effective participation of this sector by the Akwa Ibomites. On the strength of this, the study recommended among others that government should embark on extensive training of domestic engineers in the areas of oil and gas in the state. Also government should encourage individuals and private sector to increase investment in human capital and economic empowerment in the state.

Keywords: Akwa Ibom State, Economic Empowerment, Human Capital Development, Nigeria, Socio-economic development.