A Historical Analysis of National Economic Empowerment and Development Strategy (Needs) and its Contribution to Poverty Alleviation in Nigeria

Abstract

Evaluating the present Government policy via its achievement of NEEDS’ core objective seems to portrait the government not different from the previous ones in ways and manner of pursuing and realizing the ideals of her development plan. However, this paper is designed to understand the imperative path to be followed by the federal government at achieving it desired goals, and dissert the way it does things. Also it intends to tackle the shortcomings of NEEDs from completely realizing its core goals and
the efforts on Nigerians, since the welfare of the population is the ultimate evidence of development. For the purpose of this paper, it will cut-across those vital aspects of NEEDs policies, programs and implantation and make it profoundly improve on its key objectives of poverty eradication, wealth creation, employment generation and value re-orientation. Thus, it is also part of the task of NEEDs to provide a standard educational system to resolve the aforementioned limitations. However, this study examined: the National Economic Empowerment and Development Strategy (NEEDS) and the Challenges of Poverty Alleviation in Nigeria. Also, it focused on the content and substance of NEEDS, the contextual analysis of NEEDS and poverty reduction in Nigeria. Finally, for a sound and objective analysis of the study, Data was collected from primary sources and secondary sources like books, journals, government and other official publications, seminar papers, internet materials, newspapers and magazines as well as other related materials.