M. Adetunji Babatunde, Olugboyega A. Oyeranti, Abiodun S. Bankole and E. Olawale Ogunkola
Poverty reduction remains one of the main goals of development efforts, as evidenced by the adoption of the Millennium Development Goals by most developing countries and…
Abstract
Purpose
Poverty reduction remains one of the main goals of development efforts, as evidenced by the adoption of the Millennium Development Goals by most developing countries and international agencies. The purpose of this paper is to explore the relationship between trade (exports) and employment and how the relationship reduces poverty through the instrumentality of employment, with a focus on Nigeria.
Design/methodology/approach
The paper takes the form of descriptive analysis.
Findings
Evaluating the case for Nigeria, the authors find that oil exports which drives economic growth do not provide the needed employment to reduce poverty, while agricultural trade, particularly exports, are capable of reducing poverty and inequality in Nigeria through the channel of employment and agricultural productivity growth.
Originality/value
The paper makes a link between export trade, employment and poverty reduction in Nigeria.