ABSTRACT

There has been a growing incidence of poverty in sub-Saharan Africa over the last two decades. Poverty is a multidimensional social phenomenon that can be analytically divided into two main perspectives: human poverty which is the lack of human capabilities and income poverty, which is the lack of enough income- necessary to satisfy basic needs of the people in life. The paper examines several initiatives focused on poverty eradication that Nigeria have adopted through national actions to fight both human and income poverty. In analyzing the issues raised, we anchored the paper on an eclectic approach of radical, Marxist model of political economy and the social exclusion theories. The study established among others, that a lot of effort has been made in poverty reduction through poverty alleviation programs in Nigeria. However, it is of knowledge that in spite of the previous efforts of various governments to alleviate poverty in Nigeria and the efforts of the current government to effect same, nothing much had changed in the living conditions and standards of the people. The challenges of poverty alleviation strategies in the Nigerian situation were articulated in the context of sustainable socio-economic development and the paper concludes that poverty alleviation in contemporary' Nigeria require both socio-economic policies geared towards sustainable development. It is the position of this paper that until African leaders in general and Nigeria in particular begin to think„ We" and not„ l", the fight against poverty that could engender sustainable socio-economic development will for long remain a mirage.

Cover page 

Table of Contents

Abstract

CHAPTER ONE

Introduction

CHAPTER TWO

POVERTY AND SOCIO-ECONOMIC DEVELOPMENT:  

Conceptual and Theoretical Framework

CHAPTER THREE

POVERTY STATUS IN NIGERIA

Causes of Poverty

CHAPTER FOUR

POVERTY REDUCTION/ALLEVIATION PROGRAMMES IN NIGERIA

Nigerian Agricultural and Cooperative Bank (NACB)

Directorate of Foods, Roads and Rural Infrastructure (DFRRI)

National Directorate of Employment (NDE)    

Peoples Bank of Nigeria (PBN) 

Better Life Programme (BLP)

National Board for Community Banks (NBCB)

Family Economic Advancement Programme (FEAP)

National Poverty Eradication Programme (NAPEP)

Challenges and the Way Forward

Recommendation 

Conclusion