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ISSN : 2456-8643

Title:
POVERTY AMONG THE RURAL HOUSEHOLDS IN NIGERIA: A REVIEW OF WORLD MEASUREMENT METHODOLOGY

Authors:
Bigwa Suben, Akinyemi Mudashiru, Ekpa Daniel and Gunu Umoru Ibrahim ,Nigeria

Abstract:
Poverty has become an all-inclusive threat to existence of humanity, Government at all levels has given thoughtful attention to reduce poverty in sub-Saharan Africa. This malady has reduced the value of humanity to impishness and endanger the human instinctiveness and potentials. The unending trap created by poverty is gradually consuming poor individual households thereby lessen their productivity, impose ultimate trap to economic development, siphoning and continuously draining the viable human resources to developed world in search for greener pasture. Extreme poverty if not checked and measured accurately may lead to loss of life. Twothirds of the world population currently live on poverty line of less than $2.00 per day. This paper therefore seeks to review the methodology used in analysing poverty. The data used for the study is mainly from secondary source such as journals, statistical data base, and other documents, the study found out that unreliable data used by other methods such as Income based Approach and FGT method embroidered and blow up the research upshot, hence render the result invalid for policy analysis. However, the Individual Deprivation approach presents a down to the earth method and stand out to be more suitable poverty measurement. The Individual Deprivation Method provides a far deeper insights and nuance than income-based measures of poverty and moves well beyond the comparatively limited dimensions included in other multidimensional measures. The study concludes that the individual deprivation method offers an accurate technique to measure poverty and hence offer a foundation through which policy can be articulated. The study suggests that an exhaustive data base must be developed for research purpose and this will proffer solution to cankerworm of poverty in Nigeria. In this regards, government through the relevant institutions can give a helping hand to researcher to come up with a more reliable poverty measurement in developing countries.

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