Determinants of Household Consumption Pattern in Federal Capital Territory (FCT), Abuja

Ematun Vivian Ekoja, Oyinlola Olaniyi and Anthony Ihuoma
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Ematun Vivian Ekoja: Veritas University Abuja, Department of Economics, Nigeria.
Oyinlola Olaniyi: University of Abuja, Department of Economics, Nigeria.
Anthony Ihuoma: Veritas University Abuja, Department of Economics, Nigeria.

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 12, 388-411

Abstract: This paper examines the determinants of household consumption pattern in Abuja, Federal Capital Territory (FCT) by conducting comprehensive analysis of key factors, influencing household consumption pattern. The study adopted quantitative research method. The utilized data were sourced using questionnaires which were randomly administered to Abuja Municipal Area Council (AMAC), Bwari and Kwali residents in FCT, Abuja. Among others, the empirical results showed that disposable income of an individual in FCT, significantly influences where the person lives, wealth acquisition and generally the household consumption pattern. It also established that family size such as number of spouses, children and extended family members significantly influence household consumption pattern in terms of wealth acquisition and the choice of house-type. In addition, the study revealed that family members’ employment status (particularly, father), significantly influenced household consumption. Also, a price hike and household-members’ age (especially the children) significantly influenced household consumption patterns. However, the empirical results established that social group activities have no significant influence on household consumption. This paper recommends policies that focus more on promoting economic opportunities, skill development programmes, and provision of credit facilities to increase households’ consumption powers.

Date: 2024
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