An investigation of the nexus between economic policy and inequality in Nigeria: A case study of Federal Government policies (2000–2020).
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study :
Economic policies are instrumental in shaping both growth and the distribution of wealth within a country. In Nigeria, federal government policies implemented between 2000 and 2020 have aimed at stimulating economic growth while attempting to address persistent income inequality (Umar, 2023). Various measures—including taxation reforms, public spending initiatives, and subsidy programs—were introduced to promote overall prosperity. However, despite these efforts, significant disparities in income distribution continue to persist. This study investigates the complex relationship between economic policy and inequality, analyzing how federal interventions have influenced different segments of the population. By examining the effects of both expansionary and redistributive policies, the research seeks to determine whether the benefits of economic growth have been equitably shared. The interplay between policy formulation, implementation challenges, and socio-economic realities provides a rich context for evaluating the impact of these measures. This inquiry is critical for understanding the factors that perpetuate inequality and for identifying potential policy reforms that could foster a more balanced distribution of resources across Nigerian society (Sani, 2024; Adamu, 2025).
Statement of the Problem
Despite numerous federal economic policies designed to stimulate growth and reduce inequality, Nigeria continues to experience significant disparities in income distribution. Policy measures have often fallen short of bridging the gap between different socio-economic groups, suggesting deficiencies in both design and execution (Umar, 2023). Inconsistencies in policy implementation, coupled with external economic pressures, have exacerbated income disparities rather than alleviating them. This study aims to investigate the nexus between federal economic policies and inequality, seeking to identify why certain policy interventions have not achieved the desired equitable outcomes. By examining the strengths and weaknesses of existing measures, the research intends to propose actionable reforms that address the root causes of inequality (Sani, 2024).
Objectives of the Study:
- To investigate the impact of federal economic policies on income inequality.
- To evaluate the effectiveness of current policy measures in promoting equitable growth.
- To recommend policy reforms that can reduce income disparities.
Research Questions:
- How do federal economic policies influence income inequality in Nigeria?
- What shortcomings exist in current policy measures regarding income distribution?
- What reforms could effectively reduce income inequality?
Research Hypotheses:
- H1: Federal economic policies significantly affect income inequality.
- H2: Ineffective policy implementation exacerbates income disparities.
- H3: Comprehensive policy reforms can reduce inequality.
Significance of the Study
This study is significant as it critically examines the relationship between economic policy and inequality in Nigeria. By evaluating the impact of federal policies, it provides insights into the factors that contribute to persistent income disparities. The findings will aid policymakers and stakeholders in developing more inclusive economic strategies that promote equitable growth. Ultimately, the study aims to foster a fairer distribution of resources, contributing to sustainable socio-economic development (Adamu, 2025).
Scope and Limitations of the Study:
This study is limited to the analysis of federal economic policies and their impact on income inequality, focusing exclusively on national-level policy evaluation without extending to local or state initiatives.
Definitions of Terms:
– Economic Policy: Government measures and strategies designed to influence economic outcomes.
– Inequality: The uneven distribution of income and wealth among different segments of society.
– Federal Government Policies: Policy measures enacted at the national level to manage economic and social issues.
Related Project Materials
AN EXAMINATION OF POTENTIAL BENEFITS AND CONSTRAINTS ASSOCIATED WITH SMALL BUSINESS USE OF E-COMMERCE
EXCERPT FROM THE STUDY
E-commerce is referred to as electronic commerce. It means the electronic media and the internet for dealing with...
An examination of the impact of school strikes on students' academic progress in secondary schools in Yola North LGA, Adamawa State
Background of the study
School strikes have emerged as a significant disruptive force in many educational systems, with far...
THE INFLUENCE OF CULTURAL FACTORS ON INTERNATIONAL BUSINESS OPERATIONS
ABSTRACT: THE INFLUENCE OF CULTURAL FACTORS ON INTERNATIONAL BUSINESS OPERATIONS
The s...
The Effect of Taxation on Social Welfare Programs in Bassa LGA
Background of the Study
Social welfare programs are essential for improving the well-being of vulnerabl...
INVESTIGATING THE BENEFITS OF EARLY CHILDHOOD EDUCATION IN ENHANCING COMMUNITY HEALTH
ABSTRACT: Investigating the benefits of early childhood education in enhan...
INFLUENCE OF PEER PRESSURE AND TIME MANAGEMENT ON ACADEMIC PERFORMANCE OF IN-SCHOOL ADOLESCENTS IN OREDO LOCAL GOVERNMENT AREA, BENIN CITY
EXCERPT FROM THE STUDY
Research such as Peer cluster theory (Danish, 1993) has shown that peer pressure has a much great...
SOCIO-ECONOMIC DETERMINANTS OF FEMALE CRIMINALITY AMONG UNDERGRADUATES STUDENTS IN AE-FUNAI
ABSTRACT
This research work examines the socio-economic factors that contribute to female criminality among undergraduat...
An Assessment of Barriers to Effective Pain Management Among Oncology Patients at University of Jos Teaching Hospital, Plateau State
Background of the Study
Pain is one of the most prevalent and distressing symptoms experienced by oncol...
The effect of mobile banking feature updates on customer engagement in digital finance: a case study of Ecobank Nigeria
Background of the Study
Mobile banking has become a cornerstone of digital finance in Nigeria, transforming the way custom...
An Examination of Warehouse Management Efficiency at MTN Nigeria, Kebbi State
Background of the Study
Warehouse management efficiency plays a critical role in supply chain performance, particularly in the telecommun...
