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Achieving Shared Prosperity Through Functional Social Programmes In Nigeria


Olusegun Omisakin
Wilson Erumebor
Faith Iyoha
Wasiu Adekunle
Sodik Olofin
Shakirudeen Taiwo
Oluwaseyi Vincent
Ore Oluwaserantimi

Abstract

The Shared Prosperity Agenda for Nigeria, according to NESG, entails achieving broad-based economic growth, creating jobs, reducing  poverty and inequality, and ensuring socioeconomic prosperity for all Nigerians. Meanwhile, a cursory look at the current state suggests  that Nigeria needs to achieve shared prosperity as it has one of the worst socioeconomic indicators globally. Thus, achieving shared  prosperity will remain a mirage unless social programmes are robust and functional. A functional and robust social protection system is  one that is consistently run on a large-scale basis by successive administrations at all levels of government, accessible to many beneficiaries, and adequate in terms of public goods provision. Therefore, this paper proposes how functional social protection  programmes could contribute towards achieving shared prosperity in Nigeria. 


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