New Partnership for Africas Development and Challenges of Poverty Alleviation in Nigeria

Abstract

The article interrogated NEPAD and challenges of poverty alleviation in Nigeria. It tried to ascertain if the application of neo-liberal framework in the implementation of NEPAD undermine poverty alleviation in Nigeria. Analysis was anchored on the neo-liberal theory and qualitative method of data collection was used to glean data from documentary evidence of secondary sources. Qualitative descriptive analysis was employed with logical induction. The article revealed that at present the NEPAD target on poverty in Nigeria is unlikely to be met. The problem is that market-driven policies avoid analysis of power relations, which ultimately determines inequality and poverty. Again, poverty alleviation using the instrumentality of NEPAD is untenable under a neo-liberal economic framework. On the basis of our findings we recommend that the Nigerian state can only fight the war against poverty if it adopts a welfarist approach or regulated capitalism.

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