Financial Inclusion as a Catalyst for Poverty Reduction in Nigeria

Privatization and Poverty Reduction in Nigeria

Following on the ‘success ‘of economic reforms in Central and Eastern Europe, best practice privatization re-emerged in most countries in the Sub-Saharan Africa during the 1990s. In Nigeria, privatization came as integral parts of Adjustment credits and was aimed at enhancing the efficiency of resource allocation of government. The core objectives are reducing fiscal deficits, building a broade...

Poverty Reduction in Nigeria Using Information Technology

According to a UNDP Report (1998), about 54% of Africa’s population is estimated to live in absolute poverty. Currently in Nigeria, rapid change and vigorous development in information technology (IT) is occurring, changing Nigerians’ way of life, as well as the country’s economic strength, national power, and international competitiveness. The status of a country or nation in the global politi...

Back to the Land: The Impact of Financial Inclusion on Agriculture in Nigeria

C an rural financial inclusion enhance agricultural growth? This study, using annual data over the period 1981-2014 and the ARDL bounds testing approach, captures the long run as well as the short-run dynamics of the relationship between financial inclusion and agriculture in Nigeria. The results show that usage of financial services has significant impacts on agriculture both in the...

An Appraisal of Poverty Reduction Strategies in Nigeria

Financial sector development, savings mobilization and poverty reduction in Ghana

The paper primarily investigates the interrelationship between financial sector development and poverty reduction in Ghana. This is done using time-series data from the World Development Indicators from 1970-2001. The main findings are, first, that even though financial sector development does not Granger-cause savings mobilization in Ghana, it induces poverty reduction; and second, that saving...