Globalisation and Poverty in Nigeria: A Qualitative Review

Publication Details

Publication Date

10/07/2026

Volume / Issue

Vol 1, Issue 2 (2026)

Article No.

019

Journal

British Journal of Contemporary Research

Received

12 Jun 2026

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2

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0

Abstract

This study examined globalisation and poverty in Nigeria from a qualitative perspective. The objective of the paper was to interrogate how trade liberalization which is an aspect of globalization has impacted on poverty level in Nigeria. In this study, both the historical and descriptive research methodologies were applied, with data drawn from secondary sources. To explain this study, the Modernization and Dependency Theories were applied. The finding of this study revealed that for globalization to impact positively in any society, there are structures and societal values that need to be imbibed for everything to fall in place. Within the context of this study, the poverty rate in Nigeria was affected by a number of factors and variables not covered in this study. It was concluded that in a globalized world economy, leaders of African nations especially Nigeria have to also take measures to safeguard against the negative challenges of a fast globalizing world system. Nigeria just like the rest of the developing world has to understand the world and its future direction with a view to taking it for necessary development and poverty eradication.

License

This article is published under the Creative Commons Attribution 4.0 International License . Free to read, share, and adapt with attribution.