HUMAN CAPITAL INVESTMENT AND POVERTY REDUCTION NEXUS IN NIGERIA

📄 Project Abstract

This study examines the nexus between human capital investment and poverty reduction in Nigeria. Specifically the study investigated the profile of poverty in Nigeria in the wake of human capital investment drive since 2005, the impacts of education and health expenditures on poverty level using probit regression model. The major findings of the study revealed, among other things, that poverty incidence by gender is higher for male-headed households than the female-headed household, households headed by old people who are 65 years and above have the highest poverty incidence in Nigeria followed by household whose heads fall within the age group 35 to 44 years old, the poverty gap and severity is higher for household whose head falls into the age range of below 25 years (human capital development range), the larger the household size the higher the poverty headcount ratio and that contrary to expectations that the higher the education level (human capital investment), the lower the pove...