ASSESSEMENT OF THESTRATEGIES OF NATIONAL POVERTY ERADICATION PROGRAMME (NAPEP) ON POVERTY REDUCTION IN BENUE STATE

ASSESSEMENT OF THESTRATEGIES OF NATIONAL POVERTY ERADICATION PROGRAMME (NAPEP) ON POVERTY REDUCTION IN BENUE STATE

Abstract:

Poverty remains one of the most daunting challenges facing Nigeria and has continually remained an issue of public concern. In response to this challenge, the Federal Government of Nigeria established the National Poverty Eradication Programme (NAPEP). In spite of these strides, poverty is still on the increase. This study assessed thethe strategies of NAPEP on Poverty Reduction in Benue State with a view at ascertaining their effectiveness at reducing poverty. Both primary and secondary data were sourced. Data collected through the questionnaire were analysed using descriptive statistics while qualitative data from interview, NBS, IMF report, NAPEP publications, CBN report, World Bank report, were analysed using content analysis. The hypotheses postulated were tested using the Spearman Rank Order Correlation. The study revealed that there is a significant positive relationship between CAP and poverty reduction in Benue state. The study further discovered that there is a significant positive relationship between MAP of NAPEP and poverty reduction in Benue state. Again, the study discovered that there is a significant positive relationship between FEP and poverty reduction in Benue state.The study concluded that the problems bedevilling the activities of NAPEP in Benue state is as a result of poor implementation of the strategies employed. The study recommended that there should be effective implementation of CAP, MAP and FEP of NAPEPthrough adequate investment inducement seminars, access to micro-credit loans, proper coordination of resources, regular absorption of beneficiaries, access to farmlands, fertilizers and pesticides leading to high reductionof poverty in Benue state

ASSESSEMENT OF THESTRATEGIES OF NATIONAL POVERTY ERADICATION PROGRAMME (NAPEP) ON POVERTY REDUCTION IN BENUE STATE

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