International Journals of Marketing and Technology
  • Year: 2012
  • Volume: 2
  • Issue: 10

Global financial crises and the eradication of poverty and hunger in Nigeria

  • Author:
  • Mahmoud Aisha Hamman
  • Total Page Count: 11
  • Page Number: 1 to 11

Department of Accounting, Ahmadu Bello University, Zaria

Online published on 26 September, 2013.

Abstract

The global financial crisis is a lubricant to poverty especially in any developing economy. The Nigerian economy is associated with poverty, unemployment, unequal distribution of income and wealth, and diminishing food security which, leads to high crime levels, high mortality rates especially maternal and child deaths and even separation and divorce causing broken homes. The focus of this paper is to examine the government efforts toward eradicating poverty and hunger despite global economic meltdown. The methodology adopted for the study is survey of literature. The paper reveals that the policies and reforms formulated by Nigerian government in eradicating poverty and hunger are well channeled towards attaining their objectives. Rather, it is the implementation of the policies that are suffocated. What is left to be done is for government to establish an agency which should shoulder the responsibility of enforcing the implementation of the policies and reforms of eradicating poverty and hunger on the respective implementers.