POVERTY REDUCING MECHANISMS: EMPIRICAL EVIDENCE FROM POPULATION CONTROL AND INCREASE IN ASSET OWNERSHIP IN NIGER STATE

Abstract

Abstract Factors that influences poverty either negatively or positively differs with locations such as hamlets, rural and urban areas, hence the need for individual study factors such as population control and increasing asset ownership. The paper examined the mechanisms which reduces poverty in different region with special reference to asset ownership and population control. Using 150 cross-sectional data randomly collected, and employing individual Logistics regression model (Logit), the result revealed that asset ownership and credit facilities are significant in lowering poverty in all regions while family size, agricultural activities, low education and increase in living cost escalate poverty. The study thus, recommends that the overhauling of health and educational system in the country, as all other factors rely on it, enlightenment and discouragement against increase in family size, provision of credit facilities, and provision of housing infrastructure to reduce cost of living.