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Galloping Poverty In Nigeria: An Appraisal Of Government Interventionist Policies, Segun Oshewolo

Dr. Segun Oshewolo

The paper analyzes the poverty situation in Nigeria. Poverty holds sway in the midst of plenty, a situation described in Nigeria’s political lexicon as a ‘bewildering paradox’. Among the committee of nations, Nigeria has been described as poor. Even on the continent of Africa, using selected world development indicators, Nigeria is poorly ranked. Although several programs have been designed by the State to combat the scourge, their impacts on the poor population have been substantially impaired by corruption, weak administration, and poor inter-sectoral governance system. These, in the opinions of observers, have been the major challenges to poverty reduction in …