POVERTY REDUCTION AND SUSTAINABLE DEVELOPMENT IN NIGERIA

📄 Project Abstract

Many people when they hear or read about the word poverty will automatically think and look at poverty as being simply a lack of money. This is partly true but for a better understanding of poverty it is necessary to go beyond this simple or common sense, definition of poverty. Poverty is much more than a simple lack of money. For example, if you were stranded on a desert island and you had several thousand dollars or pounds in cash, while those around you had things like food, clothing and shelter would be in poverty? You could not eat your money, nor could. Your fellow inhabitants might not even want your money, particularly if they believe that a rescue is not eminent. In such a situation, lack of money means equal poverty. This is, however, only part of the story