EVALUATING THE EFFECTS OF GOVERNANCE ON RURAL POVERTY IN OSUN STATE, NIGERIA
Adebayo Mohammed OJUOLAPE, Sodiq Abiodun OLADIPUPO, Hammed Agboola YUSUF and Aminat Mama, USMAN
Volume 4 Issue 1
Abstract
The World Bank has identified third world countries as suffering enormously from under-development due to corruption and bad leadership. The impact of the solution suggested by a various international organization on the African economy (Nigeria inclusive) has been mild, where it has any impact at all, especially in reducing the poverty level. Therefore, this research investigates how good governance impacts rural poverty in Osun state. The objectives are to determine the attributes of good governance in Osun state and evaluate how good governance has contributed to poverty reduction in the state. The study employed linear regression with robust standard error as an inferential tool. The study results indicate that among the six indicators of good governance, accountability, control of corruption, political stability, and the rule of law are significant in influencing rural poverty in the selected rural environment of the state. The study noted that good governance is influential for improving the rural inhabitant's wellbeing in the state. The study also showed that poverty level is high in rural areas of the state, which is an indication that Osun state government is not close to the rural communities in terms of meeting the needs of these people. The study concluded that, unless the State Government adopts good governance, the vision of development will keep being difficult. Therefore, the study recommends that the Government create an institution of governance honesty, transparency and accountability. Keywords: Good governance, Development, Rural Development, Osun State
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