Poverty rate

MPACT OF POPULATION GROWTH ON POVERRTY RATE IN NIGERIA

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Publication Type
Abstract
the study” the impact ofpopulation growth on poverty rate in Nigeria ” seeks to examine howpopulation growth influences the rate ofpoverty in Nigeria. The study utilized data covering the period from 1981 to 2022. The model is logged and estimated and the data stationary is obtained using ADF test for unit root. The empiricalfindings shows that population growth has a negative and insignificant impact on poverty rate while Unemployment rate, Real Gross Domestic Product and inflation rate has apositive and insignificant impact onpoverty rate in Nigeria.This study therefore recommends that there should be a more comprehensive approach to poverty reduction, by addressing the multiple dimensions ofpoverty and promoting inclusive and sustainable development. Resources should be provided and directed strategically in order to make meaningful progress in the reduction ofpoverty rate and improving the lives of the growing population in Nigeria
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