Poverty and Under-Development in Nigeria

Abstract

This paper looks at poverty and under-development in the Olusegun Obasanjo first democratic years in Nigeria. It sees poverty as a condition where an individual or organization experiences a situation of lack, a situation with little or no resource to acquire the basic necessities of life. It goes further to look at the concept of underdevelopment and submits that it is a social, economic, political and technological phenomenon that describes a society, in a primitive, crude, low, unrefined, and savage state. It describes that which is in industrially and infrastructural barren. A careful identification and analysis of the overwhelming evidence of poverty and underdevelopment in Nigeria, their causes, effects, and the feeble attempts made by various governments severally to curb the menace is done. The writers conclude by proffering some recommendations that can be adopted to turn the situation around.