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Economic diplomacy and poverty alleviation in Nigeria under President Muhammadu Buhari (2015-2023)

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  • Oluwatosin Ruth Ifaloye
  • Adenike E. Onabote
  • Felix Chidozie Chidozie

Abstract

Economic diplomacy has emerged as a crucial tool for addressing poverty and fostering sustainable development in developing countries. This study examines the role of economic diplomacy in Nigeria's efforts to alleviate poverty during President Muhammadu Buhari's administration from 2015 to 2023. This study aims to explore the nexus between economic diplomacy and poverty alleviation in Nigeria while highlighting the significant strategies of Nigeria's economic diplomacy, analysing how these strategies affected poverty alleviation, and identifying the fundamental problems hindering the effectiveness of economic diplomacy techniques for poverty reduction. This study adopts the exploratory design and uses qualitative secondary data from various sources. Data is then analysed thematically. The findings of this study reveal that Nigeria's economic and diplomatic efforts between 2015 and 2023 yielded substantial results, which saw the income of investments, official development assistance, and promotion of trade; however, this had little impact on poverty levels in Nigeria.

Suggested Citation

  • Oluwatosin Ruth Ifaloye & Adenike E. Onabote & Felix Chidozie Chidozie, 2026. "Economic diplomacy and poverty alleviation in Nigeria under President Muhammadu Buhari (2015-2023)," International Journal of Diplomacy and Economy, Inderscience Enterprises Ltd, vol. 12(4), pages 465-480.
    • Handle: RePEc:ids:ijdipe:v:12:y:2026:i:4:p:465-480
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