Higher Education and Poverty Allevation in Nigeria

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Sofoluwe Abayomi Olu F. A. Olawoye

Abstract

This paper examined managing higher education for poverty alleviation in Nigeria. Education had always been highly rated in our national development plan as the most important instrument for change and resource development. The inability of the education sector to meet the needs for the promotion of economic self-reliance and self sufficiency has resulted into poverty. Poverty manifests itself in a variety of forms, contexts, mechanisms and causalities. The dimensions of poverty include low income, homelessness, joblessness, and indebtedness, high and growing unemployment, degraded environment and low endowment of human capital There is, then, a great concern about how to curtail poverty through proper education. The paper then suggests various strategies for poverty alleviation, including access to micro-financing and public-private partnerships.

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