The Impact of National Poverty Eradication Programme (Napep) on Economic Development of Nigeria

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THE IMPACT OF NATIONAL POVERTY ERADICATION PROGRAMME (NAPEP) ON ECONOMIC DEVELOPMENT OF NIGERIA

(A CASE STUDY OF BWARI MUNICIPAL AREA COUNCIL, FCT, ABUJA)
AYOOLA ISAIAH OLUFEMI
REG NO. 51026

A RESEARCH PROJECT SUBMITTED TO CHARTERED INSTITUTE OF ADMINISTRATION

IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF DIPLOMA IN BUSINESS STUDIES (DBS)

JULY 2010

DECLARATION

I declare that this research project work was carried out by me through extensive study and readings and that the relevant sources used were duly acknowledged in the Bibliography.

_________________________________________
AYOOLA ISAIAH O.Date

CERTIFICATION

This is to certify that this project titled, “The Impact of National Poverty Eradication Programme (NAPEP) on economic development of Nigeria” written by Ayoola Isaiah Olufemi, as meeting the requirement for the Award of Diploma in Business Studies of Chartered Institute of Administration, Nigeria.

________________________________________
Supervisor Date

____________________ ____________________
Head of Department Date

____________________ ______________________ External Examiner Date

DEDICATION

This project is dedicated to the Father, the Son and the Holy Spirit; and to my dear wife Cecilia Ayoola, the most special person I have ever known, my inspiration and my confidant.

ACKNOWLEDGEMENT
I am grateful to Almighty God for sustaining me throughout the period of this programme I am grateful to my supervisor for her support, encouragement and prompt attention devoted during this project work. Also, I want to acknowledge the Director African Business School for his support. I also acknowledge the co-operation and provision of data given to me during the work by the staff and management of National Poverty Eradication Programme (NAPEP)

Ayoola Isaiah Olufemi
July 2010

CHAPTER ONE

1.00INTRODUCTION

1.1 BACKGROUND OF THE STUDY

The concept of poverty and material deprivation is a critical one in contemporary social discussions. Social Sciences’ literature is replete with attempt by Economists and other Social Scientists to conceptualize the phenomenon. Poverty has economic, social and political ramifications. The poor are materially deprived, socially alienated and politically excommunicated. Basically, Poverty has been conceptualized in the following ways: a. Lack of access to basic needs/goods and

b. Lack of or impaired access to productive resources.
Poverty as lack of access to basic needs/goods is essentially economic or consumption oriented. Thus the poor are conceived as those individuals or households in a particular society, incapable of purchasing a specified basket of basic goods and services. Basic goods as used here include; food, shelter, water, health care, access to productive resources including education, working skill and tools, political and civil rights to participate in decisions concerning socio-economic conditions (Ajakaiye and Adeyeye 2001 in Gbosi, 2004). It is generally agreed that in conceptualizing poverty, low income or low consumption is its symptom. The level of poverty in Nigeria since the implementation of SAP in the 1980s has tremendously increased (UNDP Nigeria, 1998; FOS, 1999; World Bank, 1999). The poverty profile in Nigeria showed that the incidence of poverty increased from 28.1% in 1980 to 43.6% in 1985 but declined to 42.7% in 1992 and rose again to 65.6% in 1996 (FOS 1999). Since 1990 the country has been classified as a poor nation. The UNDP Human Development Indices (HDI) for 2001 ranked Nigeria the 142nd with HDI of 0.40 among the poorest countries. From 1980-1996, the population of poor Nigerians increased four folds in absolute terms. The percentage of the core poor increased from 62% in 1980 to 93% in 1996 whereas the moderately poor...
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