Challenges of Poverty on National Development in Nigeria

Omaku Angulu Abubakar and Habakuk Aboki
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Omaku Angulu Abubakar: Pre-ND Department, Isa Mustapha Agwai 1 Polytechnic, Lafia Nasarawa State
Habakuk Aboki: Pre-ND Department, Isa Mustapha Agwai 1 Polytechnic, Lafia Nasarawa State

International Journal of Research and Innovation in Social Science, 2021, vol. 05, issue 09, 535-540

Abstract: One of the most notable challenges of economic development of any nation is poverty. This is because it is the responsibility of the leadership of any nation to carter for the welfare of its citizens. It is estimated that globally, about three billion people live below $2 per day poverty threshold and may increase to three billion people by the year 2050. A substantial number of these people living in absolute poverty are Africans. This vicious cycle of poverty among Africans is noted to ‘be trans-generational and may continue unabated of appropriate strategies to combat same are not put in place. Nigeria being the most populous nation in Africa has a good share of these poverty striking Africans and has made concerted efforts since independence to tackle this poverty, cycle without achieving, the desired results. This paper attempts an explanation of the concept of poverty and its theoretical framework, the impact of poverty on Nigerian economic development, causes of poverty in Nigeria and effort made by successive governments to eradicate poverty in the country. In conclusion, some policy recommendations aimed at eradicating poverty in the country were made.

Date: 2021
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