Friday, June 25, 2021

Can social investment programmes reverse the trend of poverty in Nigeria?

The article discusses the use of social invesment as a strategy to lift people out of poverty in Nigeria. In the last quarter of 2020, the unemployment rate increased to 33%. With a Gini coefficient of 35.1, Nigeria is one of the eight countries with the highest inequality in income distribution in the world. Social protection has been widely acknowledged as a multi-sectoral and multi-disciplinary approach to poverty reduction though articulating priorities of government towards sustainable development. It appears to be one of the paths to reduce poverty in Nigeria. Read More