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ABSTRACT
The aim of this study is to ascertain the impact of poverty alleviation on economic growth in Nigeria with a focus on determining the direction of causality between poverty alleviation and economic growth. Secondary aim of this study includes determining the long run relationship between poverty alleviation and economic growth, as well as to ascertain the degree of dependence of economic growth on other independent variables of per capita income, government expenditure on social and community services and government expenditure on economic services. The model employed in this study is the Error Correction Mechanism; Granger causality test was used to ascertain the direction of causality. The time frame for this study spanned between the year 1981-2018. This study found that the independent variable of poverty alleviation programs for instance per capita income (PCI) has a unidirectional causality with economic growth. However, other independent variables of poverty alleviation program do not granger cause economic growth. Also, economic growth significantly determines on the variables of per capita income, government capital expenditure on social and community service but not government capital expenditure on economic services However, it was suggested that government expenditure on economic and other community services should be made more effective in solving the problem of poverty. This could be directed at improving the quality of education and encouraging entrepreneurship development through small scale businesses. Finally, the issue of corruption has to be tackled holistically and poverty alleviation institutions should be more accountable.
