Income Distribution Commons^™

Nigeria 2002- 2012: High Economic Growth Rate, High Incidence Of Poverty, Why?, Mbutor O. Mbutor, Uba, I. Al-Hassan

Bullion

Contrary to the widely held opinion that it is unthinkable that the Nigerian economy would have grown at the rate it did in the last decade and yet the incidence of poverty persisted, even grew higher, growth could actually occur without increasing employment or reducing poverty. This is possible if the economy were allowed to grow without a conscious effort to direct the direction of growth to the policymakers to make concerted efforts to smoothen the path of growth and introduce policies that will make growth pro-poor programmes is the one being currently pursued by the Central Bank of Nigeria, …