- The Complete Research Material is averagely 50 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦4,500
Get the complete project »
CHAPTER ONE
INTRODUCTION
1.0 BACKGROUND FO THE STUDY
the level of poverty has increased in Africa and inNigeriasince the implementation of the Structural Adjustment Programme in the ‘80s (UNDP Nigeria, 1998; World Bank, 1999). Data from the Federal Office of Statistics (FOS) on poverty profile inNigeria(1999) showed that the incidence of poverty increased from 28.1% in 1980 to 43.6% in 1985 but declined to 42.7% in 1992 and rose again to 65.6% in 1996. Since 1990, the country has been classified as a poor nation.
For the period 1980 to 1996, the population of poor Nigerians increased fourfold in absolute term. The percentage of the core poor increased from 62% in 1980 to 93% in 1996, whereas the moderately por only rose from 28.9% in 1992 to 36.3% in 1996. The proportion of total income spent on food by the core poor and moderately poor was approximately 75% and 73%, while the non-poor category spent about 53% of their total income on food (FOS, 1999).
The analysis of the depth and severity of poverty inNigeriashowed that rural areas were the most affected. Several reasons accounted for this situation; the large concentration of the populace in the rural area, many years of neglect of the rural areas in terms of infrastructural development, and lack of information on the way government is being run. The CBN/World Bank study on Poverty Assessment and Alleviation inNigeria(1999) attested to the fact that the living and environmental conditions of those living in the rural areas have worsened. Urban poverty is also on the increase in the country. This has been attributed to the under provision of facilities and amenities which are inadequate to match the growing demand of the urban populace as well as the rural-urban movement which has caused serious pressure on the existing infrastructural facilities.
Concern about the problem as well as efforts made to reduce it cannot be said to be new. However, while major reductions in poverty level have been in the developed countries, the same cannot be said regarding the undeveloped countries of the world. Indeed, Sub-Saharan Africa has been characterized as being among the poorest regions of the world. Poverty in the region has increased due to global economic policies political instability, civil wars and Structural Adjustment Programme (SAP) among others. About 250 million Africans (about 45 percent) of the population are poor (World Bank, 1996). In rural areas, where most Africans live, the situation is worse. The high poverty level in Sub-Saharan Africa has been attended by the decline in per capita income, wages and employment in the surroundings of the population pressures, fragile national resources and weak institutional financial structure (Afonja, 1996).
1.1 STATEMENT OF THE PROBLEM
The concern over increasing poverty level especially in the developing countries and the need for is alleviation as a means of improving the standard of living of the people has led to the conceptualization and implementation of various targeted or non-targeted poverty alleviation schemes worldwide. InNigeria, both the Nigerian government and donor agencies have implemented a number of efforts to analyze and find solutions to the menace of poverty in the country.
Despite these measures, the level of poverty in the country is on the increase. The inadequacies of these approaches prompted the emergence of a people centered development strategy. This approach recognizes the potentials of the people especially the poor in improving their own socio-economic conditions. But what is required is capital, which is not accessible to the poor. The need to meet this financial demands of the poor brought to the fore the concept of micro financial which is being propelled by both local and international NGOs. Macro financing recognizes the availability of capital to the poor.
Over the past two decades, micro finance institutions have created access to micro credits to the poor in Asia, Latin America and Africa. The potentials of micro-finance in Nigeriaare enormous and hence, its importance as a tool for poverty reduction has dawned on governments, non-governmental organizations (NGOs) and individuals alike. This awakening has brought about concerted action from all these sectors to make credit available to the poor to fight against poverty. Hence, this study is based on an organization geared towards this effort. It is called Lift Above Poverty Organization (LAPO) in its effort to alleviating poverty and ensuring economic development inNigeria in the area of micro financing. It is in this context that this study is set to assess the impact of micro credit as a poverty alleviation scheme inEdoState using LAPO as a case study.
1.2 RESEARCH QUESTIONS
From the foregoing, it becomes pertinent to raise and address certain questions, which will guide the course of this study. The following questions therefore, provide the bedrock of this research:
- What is the volume of credit available to the loan borrowers?
- What is the relative impact of micro-credits on poverty level?
- How do the beneficiaries assess the micro financing scheme?
- What are the measure that will enhance the effectiveness of micro financing as a poverty alleviation scheme inNigeria?
All these are questions that will be addressed succinctly in this study. The answers should suggest some lessons for development planners, policy makers and other stakeholders in the field of poverty alleviation, particularly inEdoStateofNigeria.
1.3 RESEARCH OBJECTIVES
The main objective of the study is to determine the impact of micro credit on poverty alleviation scheme. Other objectives include:
- To identify the socio-economic characteristics of the loan borrower in the study area.
- To find out how the beneficiaries assess the micro financing scheme.
- To identify and assess the volume of credits to the loan borrower.
1.4 HYPOTHESIS OF THE STUDY
In this study, one major hypothesis is formulated for validation:
- There are significant differences in the income of the loan borrowers before and after micro credit assistance.
1.5 JUSTIFICATION OF THE STUDY
Given the geometric increase in the number of poor people in the last few decades inNigeria, this study forms a major contribution towards developing a relevant and appropriate poverty alleviation scheme inNigeria.
This study will also help in assessing the effectiveness of micro credit as a poverty alleviation scheme inEdoStateand it is hoped that the result of the study will be applicable to other states inNigeria.
In addition, the study will contribute to the literature of micro credit and poverty alleviation schemes inNigeria.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR PUBLIC ADMINISTRATION FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE ROLE OF INFORMATION TECHNOLOGY IN PUBLIC MANAGEMENT PROCESS WITH PARTICULAR REFERENCE TO SOKOTO STATE MINISTRY OF FINANCE
» ABSTRACTThis study examine ministry policies and practices with particular references to ministry of finance Sokoto. Taking a critical look at the pro...Continue Reading »Item Type & Format: Project Material - Ms Word | 82 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
2. IMPACT OF GOVERNMENT CAPITAL EXPENDITURE ON THE AGRICULTURAL DEVELOPMENT OF YOBE STATE
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study The concept of public expenditure is a major area in public finance which is of crucial importanc...Continue Reading »Item Type & Format: Project Material - Ms Word | 153 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
3. THE CONTRIBUTIONS OF POLITICAL PARTIES IN DEMOCRATIC GOVERNANCE IN NIGERIA: (A CASE STUDY OF SELECTED POLITICAL PARTIES IN CALABAR MUNICIPAL COUNCIL)
» Abstract This research is to examine the contributions of political parties in a democratic governance in Nigeria. This cannot be overemphasized, this...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
4. AN EVALUATION OF GOVERNMENT INCENTIVES SCHEMES TOWARDS SMALL SCALE. (A CASE STUDY OF SOME SELECTED SMALL SCALES FIRMS IN ENUGU METROPOLY)
» ABSTRACT Small scale enterprises are expected to play a vital role towards the development of the economy due to closeness to the grassroots. But unfo...Continue Reading »Item Type & Format: Project Material - Ms Word | 65 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
5. A STUDY INTO THE CHALLENGES OF INCOME TAXATION IN GHANA: A CASE STUDY OF INTERNAL REVENUE SERVICE- EASTERN REGIONAL OFFICE
» ABSTRACT Revenue from tax which is a big source of revenue to the Government has been a major concern to many developing countries such as Ghana in re...Continue Reading »Item Type & Format: Project Material - Ms Word | 59 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
6. IMPROVING ORGANIZATION EFFICIENCY THROUGH CONFLICT RESOLUTION AND MANAGEMENT CASE STUDY INSTITUTE OF MANAGEMENT AND TECHNOLOGY (I.M.T) ENUGU.
» ABSTRACT We have been studying a critical issue on the shore of conflict in an organization, it’s so crucial that every hand has to be on deck t...Continue Reading »Item Type & Format: Project Material - Ms Word | 21 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
7. THE EFFECT OF MANPOWER PLANNING AND DEVELOPMENT ON PUBLIC SERVICE DELIVERY IN THE PUBLIC SECTOR
» CHAPTER ONEINTRODUCTION1.1 Background of the StudyIn recent times, world attention is being focused on the importance of manpower planning and develop...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
8. AGRICULTURAL POLICIES AND THE NIGERIAN ECONOMY: A CRITICAL ASSESSMENT
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study Agriculture in the context of the economy is tied with the various sectors and is esse...Continue Reading »Item Type & Format: Project Material - Ms Word | 150 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
9. SMALL AND MEDIUM SCALE ENTERPRISES AND ECONOMIC DEVELOPMENT IN EBONYI STATE: A STUDY OF ABAKALIKI RICE MILL
» ABSTRACT This work titled “small and medium scale enterprises and economic development in Ebonyi state: A study of Abakaliki Rice Mill” wa...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT
-
10. IMPACT OF THE 2007 PROCUREMENT ACT ON ACCOUNTABILITY OF OFFICERS IN THE PUBLIC SECTOR OF NIGERIA
» CHAPTER ONE Background of the Study This study intends to shed more light on the impact of public procurement act on the accountability of procurement...Continue Reading »Item Type & Format: Project Material - Ms Word | 78 pages | Instant Download | Chapter 1-5 | PUBLIC ADMINISTRATION DEPARTMENT