© 2013. K. E. Uma, F. E. Eboh, P. C. Obidike & H. O. R Ogwuru. This is a research/review paper, distributed under the terms of
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Global Journal of Management and Business Research
Finance
Volume 13 Issue 6 Version 1.0 Year 2013
Type: Double Blind Peer Reviewed International Research Journal
Publisher: Global Journals Inc. (USA)
Online ISSN: 2249-4588 & Print ISSN: 0975-5853
Poverty, Underdevelopment and Emerging Economies: Nigeria
in Focus
By K. E. Uma, F. E. Eboh, P. C. Obidike & H. O. R Ogwuru
Federal University Ndufu Alike Ikwo, Ebonyi State, Nigeria
Abstract- The paper critically investigated poverty in Nigeria over the years, considering its
persistent rise in spite of various measures instituted by different Nigerian leaders. The study
revealed that improper identification of the poor, lack of adequate monitoring of programmes,
corruption, inconsistent policies, poor funding of programmes, lack of industries, poor
infrastructure and irregular power supply, among others, have contributed significantly meteoric
rise in poverty over the years. Among the ways forward articulated are: proper research and
survey are required before commencement of programmes; sufficient monitoring and
consistency in policies are essential; intensification of modernized agricultural practices in
Nigeria; annihilation of corruption in all levels through leaders’ change of attitude; and mass
participation of citizens in policy formulation and service delivery are imperative now.
Keywords: economies, emerging, poverty, policies, underdevelopment.
GJMBR-B Classification : FOR Code:150304 JEL Code: I30, O10
PovertyUnderdevelopmentandEmergingEconomiesNigeriainFocus
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