• The Impact Of Public Spending On Poverty Reduction In Nigeria [1980-2011]

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    • 1.2 STATEMENT OF THE PROBLEM
      In Nigeria, poverty has been on the increase which can be attributed to inequality existing in the economy such as corruption, macro-economic instability and inconsistency in government policies. In an ordinary framework, poverty is concern with absolute, modulate or relatively standard of living or inability to attain a minimal standard of living. Poverty is found to be at the worst in the rural areas. Which is characterized by malnutrition lack of standard education, low life expectancy and sub-standard housing? In attempt to alleviate these problems, three actors are observed in the literature as being involved in any giving country. Namely; the three ties of government (federal, state and local government), international organizations and nongovernmental organizations (NGO’s).
      1.3 RESEARCH QUESTION
      i To what extent has public expenditure affected the levels of poverty and economic growth in Nigeria?
      ii What is the direction of relationship between public expenditure and poverty reduction in Nigeria?
      1.4 OBJECTIVE OF THE STUDY
      In the context of this study, the following objectives will be achieved.
      i To evaluate the impact of public expenditure on poverty reduction in Nigeria
      ii To determine the direction of relationship between public expenditure and poverty alleviation in Nigeria.
      1.5 RESEARCH HYPOTHENSIS
      Ho: Public expenditure has no impact poverty reduction in Nigeria
      Ho: There is no direction of relationship between public expenditure and poverty reduction in Nigeria.
      1.7 SIGNIFICANT OF THE STUDY
      A research to investigate the impact and relationship between public expenditure and poverty reduction in Nigeria occupies an important detail which cannot be over-emphasized. The parastatas responsible for poverty reduction in Nigeria will find this study useful as it will unveil the current poverty profile and better strategies to alleviate them.
      In the other hand, the federal government will benefit from this because it will help them to channel public fund on the economy judiciously.
      Finally, the rural dwellers whose represent gross poverty in Nigeria remains the most beneficiaries of this study because it will help government to make policies that will promote their standard of living.

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    • ABSRACT - [ Total Page(s): 1 ]This work was done to analyze the impact of public spending on poverty eradication in Nigeria from (1980-2011). In this research work, multiple regression analysis was used and five variables were used in the empirical analysis. They are government expenditure on agriculture and water resources (AGWR), health (HTH) education (EDU) transportation and communication (TRCM) and Housing and environment. The data used in this research was collected from secondary data obtained from National Bureau of ... Continue reading---