POVERTY ALLEVIATION IN DEVELOPING SOCIETIES: ISSUES AND OPTIONS FOR SUSTAINABLE DEVELOPMENT GOALS (SDGs)
It is a fact that no society can thrive and enjoy political stability and civil order if the greater parts of its citizens are in penury and utter misery. Without an efficient and effective poverty alleviation or reduction strategy and policy, it will be impossible to have a civil society and a crisis–free era by the year 2020. This paper, therefore, examined the challenges and options open in order to reduce poverty in the developing societies. It was discovered that bad governance, poor economic polices, ill-timed reforms, corruption, lack of commitment to poverty reduction or alleviation programmes and poor investment in rural agriculture were the prime cause(s) of poverty. All hope is not lost because there are options government can pursue such as ensuring broad based growth, good governance, tackling unemployment, basic needs approach etc. in order to reduce poverty. Economic growth is equally a necessary but not sufficient condition. There is need to provide social services and infrastructure aimed at reducing the depth and severity of poverty in the developing countries at large and Nigeria in particular in order to achieve sustainable development goals (SDGs).
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