IDEAS home Printed from https://ideas.repec.org/a/dug/actaec/y2020i1p252-265.html
   My bibliography  Save this article

Official Development Assistance and Poverty Alleviation in Nigeria (1981-2017)

Author

Listed:
  • Ogunleye Akin George

    (Osun State University)

  • Aderemi Timothy Ayomitunde

    (Olabisi Onabanjo University)

  • Kalejaiye Toluwanimi Grace

    (Tai Solarin University of Education)

  • Nwagwu Chinedu John

    (Lagos State University)

Abstract

The aim of this study is to examine the long run equilibrium relationship between official development assistant and poverty alleviation in Nigeria over the period of 1981 to 2017 which past studies have failed to explore. Consequently, the study utilized data from UNCTAD, World Bank database, CBN Statistical Bulletin and Cointegration, DOLS and Granger Causality approach was used to address the objective of this study. However, the major findings in this study are summarized as follows. Firstly, there is a significant negative relationship between official development assistance and poverty level in Nigeria. However, FDI which also constitutes a strategic part of foreign capital in Nigeria does not contribute to poverty alleviation in Nigeria. Furthermore, official development assistance and poverty level in Nigeria have a bidirectional feedback. Due to the findings that emerged from this study, the following recommendations are made for the policy makers that whenever alleviation of poverty is the target of the policy makers in the country, the Nigerian government should be committed to the provision of a sound environment and good governance that can facilitate further inflows of official development assistance from the developed countries, especially G 7 countries. Also, the policy makers in Nigeria should ensure that ODA should be tailored towards projects and programs that have trickle down effects on the masses in the country.

Suggested Citation

  • Ogunleye Akin George & Aderemi Timothy Ayomitunde & Kalejaiye Toluwanimi Grace & Nwagwu Chinedu John, 2020. "Official Development Assistance and Poverty Alleviation in Nigeria (1981-2017)," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 16(1), pages 252-265, FEBRUARY.
    • Handle: RePEc:dug:actaec:y:2020:i:1:p:252-265
    as

    Download full text from publisher

    File URL: http://dj.univ-danubius.ro/index.php/AUDOE/article/view/22/20
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dug:actaec:y:2020:i:1:p:252-265. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniela Robu (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.