Comparative Assessment of Poverty Trends and Socioeconomic Inequality in Nigerian States

Abstract

This study undertakes a comparative assessment of poverty trends and socioeconomic inequality across the diverse landscape of Nigerian states. Utilizing robust statistical methodologies and data from various sources including national surveys, census data, and socioeconomic indicators, we present a comparative analysis of poverty levels and income disparities within and between Nigerian states over a specified period of 1999-2019. Our assessment focuses on identifying key drivers of poverty and inequality, including economic growth patterns, demographic factors, government policies, and regional disparities. By employing advanced analytical techniques such as regression analysis, Lorenz curves, and Gini coefficients, we unveil nuanced insights into the dynamics of poverty and inequality, shedding light on both persistent challenges and potential pathways for socioeconomic development. The findings of this study contribute to a deeper understanding of the multifaceted nature of poverty and inequality in Nigeria, offering valuable implications for policy formulation and targeted intervention strategies aimed at fostering inclusive growth and equitable development across the nation's diverse socioeconomic landscape.

Keywords: Economic reforms, Fourth republic, Poverty, Inequality.