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Type :article
Subject :HC Economic History and Conditions
Main Author :Adegboyega, Raymond. R.
Title :Poverty and non-inclusive growth in Nigeria
Place of Production :Tanjong Malim
Publisher :Fakulti Pengurusan dan Ekonomi
Year of Publication :2023
Corporate Name :Universiti Pendidikan Sultan Idris

Abstract : Universiti Pendidikan Sultan Idris
The paper examines the impact of poverty on non-inclusive growth using the Autoregressive Distributed Lag regression analysis on data collected from the Central Bank of Nigeria and the World Bank database from 1981 to 2020. The obtained result indicates that the initial economic growth level does not result in poverty reduction, while a positive change in economic growth results in poverty reduction. The paper concluded that inclusive economic growth is significant for poverty reduction when it increases employment and improves opportunities for productive activities among the poor. The article recommended measures, such as stable macroeconomic policies, huge investment in agriculture, infrastructural development, and good governance to sustain the inclusive economic growth rate and reduce poverty in Nigeria. Keywords: Non-inclusive growth; Poverty; Trickle-down effect; ARDL

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