Governance approach to policy implementation challenges and sustainable development: Conceptual implications from the Nigerian case of TraderMoni empowerment scheme

Abstract

Policy processes in developing societies have been challenged by contending political factors. Hence, attainment of intervention schemes and sustainable development of the policy regime in Nigeria is in dares need of a sound governance policy framework. The purpose of this study was to assess the application of sound governance approach in the Implementation of Trader Moni Scheme (TMS) of Nigeria targeted at empowering local traders, to understand the policy processes and ecology, and the results within the framework of sound governance and sustainability indicators. Eight (8) persons were involved in Focus Group Discussions while 15 persons drawn from selected TMS target beneficiaries were interviewed. Findings revealed that the scheme did not adapt to sound governance dimensions—process; structure; management and performance; and ethics, accountability and transparency. Hence, it concluded that it derailed from the core objective of empowerment for sustainable socioeconomic development, validating the papers arguments.