IIARD International Institute of Academic Research and Development

IIARD INTERNATIONAL JOURNAL OF BANKING AND FINANCE RESEARCH (IJBFR )

E-ISSN 2695-1886
P-ISSN 2672-4979
VOL. 8 NO. 2 2022
DOI: https://doi.org/10.56201/ijbfr.v8.no2.2022.pg92.101

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The Implication of Child Poverty to the Economy of Nigeria

Usman Ibrahim Zwal (CO- Researcher)

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Abstract

Sustainable economic development through future societal value has conquered a central theme on the academic interest of recent time. The well being of child’s future has direct link with the present time activities of the government, community, organizations, family and parents to protect them. Thus fulfilling their rights and values at early stage of childhood will certainly transform them to achieve their full potentials and to participate actively in the society. The study descriptively analyzed the child poverty situation in Nigeria by comparing the changes between 2000 and 2007. Similarly the paper adopted the model “B” of Faith and Holland,(2007) and Bristol approach for the situational analysis in Nigeria. Simple mathematical tool for assessing the differential changes of the period under review was employed. The result revealed that there are prevalence of severe deprivation in shelter, sanitation and nutrition, education and health positively increased by 11.1%; 7.7%; 50.0%; 36% and 17.5% respectively while water and information drastically increase by -15.9% and -48.6 respectively (In essence only information and water supply contribute to children wellbeing). The paper recommends that, policy makers should restructure the existing social policies and service delivery to children and young persons

keywords:

Child poverty, Poverty indices, Economy, Severe deprivation.

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