POVERTY ALLEVIATION AND THE MILLENNIUM DEVELOPMENT GOALS: THE ROLE OF OBASANJO FARMS NIGERIA
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The study examines poverty alleviation and the Millennium
Development Goals (MDG) within the context of private
sector investment – Obasanjo Farms Nigeria (OFN). This
was necessitated by the fact that private sector investment,
especially in agricultural production can help in the realisation of
the MDG (1), which is to eradicate extreme poverty and hunger by
the year 2015. The study is strengthened, indeed anchored on the
theories of capitalism and development, which seek to demonstrate
how it is possible for individual investors to maximize profits and
states to promote the widest distribution of goods and services to
attain advanced economic growth. In essence, the frameworks show
that, while capitalism is characterised by competitive free market
and motivated by profit within prevailing economic conditions, the
government can cushion the ‘inhuman’ effects of capitalism by
redistribution of wealth to the impoverished segment of the
population. It relied on the use of primary and secondary sources of
data to test the veracity of the hypotheses raised in the study. The
former involved the distribution of questionnaires to a sample
population of 50 people, which was analysed with the aid of
Statistical Package for Social Sciences (SPSS) and the latter helped
to sustain existing arguments in the work. Findings revealed that
the attainment of MDG (1) is inconceivable under the current
ambience of distortions in government policy on agricultural sector
in Nigeria. To be sure, the disconnect between policy
pronouncements and policy implementation on the part of the
government will hinder the actualisation of the MDGs. To that
effect, the study concludes that poverty alleviation will continue to
elude the teeming population of Nigerians until this anomaly is
reconciled. The study canvasses, among other things, that the
government should create a climate for a robust public-private
partnership in the country to engender growth, while maintaining
its resolve to provide enabling economic environment.
Keywords: Poverty Alleviation, Millennium Development Goals,
Obasanjo Farms Nigeria.
Keywords
JA Political science (General), JZ International relations