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Poverty and Income Inequality in Nigeria: An Illustration of Lorenz Curve from NBS Survey
American Economic & Social Review
View Archive Info| Field | Value | |
| Title |
Poverty and Income Inequality in Nigeria: An Illustration of Lorenz Curve from NBS Survey
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| Creator |
Lucky, Lucky Anyike
Sam, Achebelema Damiebi |
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| Description |
This study adopted the Nigerian Bureau of Statistics survey to examine poverty and income inequality in Nigeria. The objective was to examine the rate of poverty and income distribution in Nigeria using the Lorenz curve and Gain coefficient. Food poverty line, absolute poverty line, subjective poverty measure and dollar per day poverty line were used to measure poverty while Gani coefficient was used to measure income inequality. Findings reveal that significant proportions of Nigerian population are living below the poverty line adopted in this study. The study also found that there is wide gap between the rich and the poor in Nigeria. The study recommend implementable polices to reduce poverty and reduce income inequality in Nigeria.
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| Publisher |
Centre for Research on Islamic Banking & Finance and Business
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| Date |
2018-05-05
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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| Format |
application/pdf
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| Identifier |
https://www.cribfb.com/journal/index.php/aesr/article/view/157
10.46281/aesr.v2i1.157 |
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| Source |
American Economic & Social Review; Vol 2 No 1 (2018): American Economic & Social Review; 80-92
2576-1277 2576-1269 |
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| Language |
eng
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| Relation |
https://www.cribfb.com/journal/index.php/aesr/article/view/157/173
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| Rights |
Copyright (c) 2018 Lucky Anyike Lucky,Achebelema Damiebi Sam
http://creativecommons.org/licenses/by/4.0 |
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