Title: Breaking The Cycle Of Poverty: Exploring The 'Poverty Cage' And Opportunities For Nigerian Youth
Authors: DR. ALAZIGHA, FRED EBIPADOU and DR. AMANAWA, DAVID EBIEGBERI
Volume: 8
Issue: 9
Pages: 134-140
Publication Date: 2024/09/28
Abstract:
Poverty in Nigeria is a pervasive and persistent issue that has far-reaching consequences for the socio-economic development of the country and disproportionately affects the youth population. The concept of the "poverty cage" refers to the intricate web of systemic barriers that entrap individuals in poverty, restricting access to opportunities for economic advancement and perpetuating a cycle of disadvantage. Understanding the poverty cage requires recognizing the interplay between factors such as inadequate education and skills training, limited employment opportunities, gender disparities, corruption, and political instability, which all contribute to a complex and deeply entrenched problem. Addressing these challenges requires a comprehensive approach involving policy interventions, such as investing in education and healthcare, promoting entrepreneurship and innovation, and implementing programs to increase access to credit and financial services for marginalized groups. Additionally, programs that promote education and employment opportunities for young people, particularly women and girls, are crucial for breaking the cycle of poverty and promoting sustainable development. Furthermore, efforts to combat corruption and promote political stability are essential for creating an environment conducive to economic growth and development. Empowering Nigerian youth through entrepreneurship, vocational training, and digital skills development presents opportunities for poverty alleviation and economic growth, highlighting the importance of investing in youth development to create a brighter future for future generations. By addressing these challenges through a comprehensive approach that involves government, civil society, and the private sector, Nigeria can work towards achieving sustainable development and reducing poverty among its youth population.