StudentShare solutions
Triangle menu

Poverty in Nigeria - Essay Example

Nobody downloaded yet

Extract of sample
Poverty in Nigeria

The agriculture sector is largely subsidized and has made a 26.8 per cent contribution to GDP in 2005. Industry and services contributed by 48.8 and 24.4 per cent respectively. Although, Nigeria had once been a large net exporter of food, it is now importing some of its food products. Nigeria's economic progression has been disturbed by corruption, political instability and poor macroeconomic management for years. Following the restoration of democratic rule in 1999, Nigeria is now undergoing substantial economic reform (Anthony Maduagwu, 09/09/00).
During the period 2003 to 2007, Nigeria put into effect National Economic Empowerment Development Strategy (NEEDS) which aimed towards raising the standard of living of the people by establishing macroeconomic stability through deregulation of the economic environment privatization of government ventures, economic liberalization and accountability. This initiative also addressed the basic deficiencies such as unreliable power supplies, poor infrastructure and lack of fresh water for household and irrigation. It was also aimed towards creating 7 million employments, boosting non-energy exports, increasing industrial capacity utilization, improving agricultural productivity and diversifying the economy. Similar initiative called State Economic Empowerment Development Strategy was also implemented at the state level. The UN sponsored the National Development Goals program for Nigeria, as a long-term economic development program, covering the period 2000-2015. Under this program Nigeria is committed to achieve number of set targets in the areas of poverty reduction, gender equality, health, education, environment and international development cooperation.
Despite these efforts and with the presence of enormous resources, both physical and human and potential for development, Nigeria still remains the 20th among the world's poorest countries. It is also predicted that Nigeria is far away from meeting the global development targets. According to UN statistics, Nigeria has made progress in providing universal primary education, protecting the environment, and developing global development partnerships. However, no significant achievement has been made in eliminating extreme poverty and hunger, reducing child and maternal mortality, and combating diseases such as human immunodeficiency virus/acquired immune deficiency syndrome (HIV/AIDS) and malaria.
2. Background
Widespread poverty has been an enormous challenge to the development of Nigeria. Per capita GDP in Nigeria increased from US $ 1,200 in 1981 to US $ 2260 in 2007, but 55 per cent of its population falls below the poverty line (World Bank). About 92 percent of its population survives less than $2 per day and 71 per cent survives on less than $1 per day (2010 Global Monitoring Report, UNESCO). Poverty conditions are more acute in rural areas. However, city dwellers, especially thousands of those living in urban slums also face severe economic and social hardships. Increasing incidences of crime and kidnapping are indicative of the alarming level of insecurity in the country. Political violence, prostitution and child ...Show more


Nigeria is situated in West Africa and is the most populous country in the region with an estimated population of approximately 160 million and is the 8th most populous in the world, according to 2009 statistics. With a landmass of 433.8 sq. miles the country is already having numerous problems in the form of extreme poverty in some areas, the deprivation of basic amenities, lack of resources, a dearth of infrastructure, illiteracy,
Author : twila64
Poverty in Nigeria essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Poverty in Nigeria"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Anti-corruption Efforts in Nigeria
??s political, economic and social struggles moving forward in the post-colonial era.4 This research paper focuses on corruption in Nigeria as an African state noted for corruption and seeks to understand its prevalence in the context of anti-corruption measures.
16 pages (4000 words) Essay
Nigeria and Oil Extraction
In recent decades, environmental degradation has gotten quite out of hand, especially in Third World Countries, such as Nigeria. The main problem stems from the fact that there is no proper government control and no implementation of proper environmental problems.
8 pages (2000 words) Essay
Three Major Problems in Nigeria
In as much as different countries employ varied strategies to counter the problems, they remain dominant as the countries lack proficient mechanisms. Majority of developing countries depend on developed countries a factor, which not only slows development, but also exploit the available resources in the countries.
7 pages (1750 words) Essay
Nigerias Growth and Economic Experience
Nigeria’s Growth and Economic Experience Further, the predominant issue in post-independent Nigeria has been how to maintain political stability and an attempt to manage economic development, (Falola and PaddockBottom of Form , 2011; Mbaku, Ihonvbere and Association of Third World Studies (U.S.), 1998) Nigeria’s brief history In the wake of political uprisings and pivotal movements in Nigeria in the year 1999, the country show remarkable struggle with formidable challenges of political reform against a background of economic malaise and social violence.
4 pages (1000 words) Essay
However, both of two countries are facing the challenges of hunger and poverty and food intake by a majority of Ethiopian and Nigerian have fallen below the standard at the international level. Past efforts to enhance the food supply through the development in the agricultural production could not yield the fruitful results in the selected countries.
5 pages (1250 words) Essay
Small Business in Nigeria
Since the Structural Adjustment Programme Implementation (SAP) in Nigeria of 1981-1985, small business has not done well, and did better during the process years. Incubator programs have been started in both industrial and technology sectors but have not been successful to date.
16 pages (4000 words) Essay
Poverty alienation through increased private sector or state controlin Nigeria...what is the way forward
merous problems in the form of extreme poverty in some areas, the deprivation of basic amenities, lack of resources, a dearth of infrastructure, illiteracy, Nigeria’s economy depends heavily on the capital-intensive oil sector. Petroleum and Petroleum products constitute 95
8 pages (2000 words) Essay
This paper seeks to discuss the day today life of poor people concerning the difficulties they face in different life situations. In the world, health is an international agenda of major concern to all. This is particularly so for people living in abject
7 pages (1750 words) Essay
Wether to move a business to nigeria
owing paper discusses the many challenges of shifting business to Nigeria and recommends solutions to the soaring labor costs and increasing competition. Information regarding Nigeria’s demographic, economic, cultural, political and developmental situation has been analyzed
5 pages (1250 words) Essay
Poor nutrition; food poverty; food deserts in Nigeria
egnant women have a high occurrence of not only under-nutrition, but also over-nutrition, including lack of vital nutrients, such as iron, folate, as well as vitamin A and D. Consequently, these conditions bring about obstetric complications, including low birth weight, anaemia,
8 pages (2000 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment