Browsing by Author "Muibi.O, Saibu"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    Open Access
    Income Inequality, Unemployment, and Poverty in Nigeria
    (Routledge Informa Ltd Registered, 2013-02-25) Muibi.O, Saibu; Temidayo, Akinbobola
    The main features of poverty are low levels of consumption and income, a fact-of-life in most African countries. This paper analyzes the fundamental trends of per capita income, government capital expenditure, the human development index, and the rate of unemployment in the Nigeria. A vector autoregressive model finds that: A reduced unemployment rate improves human development and consequently reduces poverty. As growth in public capital expenditure rises, unemployment falls and the human development index improves. Therefore, infrastructure-based policies, which initially reduce unemployment, will also improve the living conditions of Nigerians in the end.