International Journal of Social Science & Economic Research
Submit Paper

Title:
Social Welfare Policy: An Assessment of the Structural Adjustment Programme 1987-1993

Authors:
Onipede Kayode Joseph

|| ||

Onipede Kayode Joseph
Department of History, Faculty of Arts and Social Sciences, Ladoke Akintola University of Technology, PMB 4000, Ogbomoso, Oyo State, Nigeria

MLA 8
Joseph, Onipede Kayode. "Social Welfare Policy: An Assessment of the Structural Adjustment Programme 1987-1993." Int. j. of Social Science and Economic Research, vol. 9, no. 10, Oct. 2024, pp. 4095-4107, doi.org/10.46609/IJSSER.2024.v09i10.006. Accessed Oct. 2024.
APA 6
Joseph, O. (2024, October). Social Welfare Policy: An Assessment of the Structural Adjustment Programme 1987-1993. Int. j. of Social Science and Economic Research, 9(10), 4095-4107. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i10.006
Chicago
Joseph, Onipede Kayode. "Social Welfare Policy: An Assessment of the Structural Adjustment Programme 1987-1993." Int. j. of Social Science and Economic Research 9, no. 10 (October 2024), 4095-4107. Accessed October, 2024. https://doi.org/10.46609/IJSSER.2024.v09i10.006.

References

[1] . Asiodu Phillips, Structural Adjustment Program in a Developing Economy, Ibadan, Nigeria Institute of Social and Economic Research (NISSER), 1987.DOI; Not Available.
[2] . Awolowo Obafemi, 1981. Path to Nigeria Greatness, fourth Dimension, Ibadan.
[3] . Center for Global Development Publications on Resolving Nigeria’s Debt through a discounted buy back, 2008.
[4] . J. Owen, the challenges of Structural Adjustment Programme. He explained the high rate of inflation without corresponding growth rate was due to the decline in the naira value. The Punch Newspaper, March 26, 1995.
[5] . National Concord Newspaper. 16th January 1986, pp: 2.
[6] . National Bureau of Statistics; poverty and inequality in Nigeria (2019), Executive Summary.
[7] . National Bureau of Statistics (2020)
[8] . Anyanwu C. J. (2013); The correlates of poverty in Nigeria and policy implication, African journal of economics and sustainable development, Vol. No.2.
[9] . Okonjo-Iweala, Ngozi and Osafo-Kwaako, Philip, Nigeria's Economic Reforms: Progress and Challenges (March 2007). Brookings Global Economy and Development Working Paper No. 6, Available at SSRN: https://ssrn.com/abstract=1080251 or http://dx.doi.org/10.2139/ssrn.1080251
[10] . S.A. Obasa, Impact of The Structural Adjustment Programme (SAP) on Nigeria’s Economy, in Joseph Ohiare edited African Update, Vol XII, 2005. DOI. Not Available
[11] . Obasanjo Olusegun, SAP Failed Nigeria, other African Countries. The Punch, March 29, 2008. “Obasanjo pointed out that SAP failed to improve any economy in Africa”
[12] . Olu Falae, ‘Why SAP Failed’ The Guardian, Monday Feb. 1, 1999.
[13] . Peter Drucker, Managing for Business Effectiveness, Harvard Business Review, 1963. pp: 53.
[14] . Toyin Falola, Economic and Modernization in Nigeria, 2004. pp: 1945-1965.
[15] . World Bank Report, Washington D. C, World Bank, 1990.
[16] . World Bank, Report 2008, https//.macrotrends.net. Accessed 24/03/23
[17] . World Bank, 2020, https//.macrotrends.net. Accessed 24/03/23
[18] . World Development Report, World Bank, Oxford Press, New York, 2006.DOI; 10;15961978-0-8213-6249-5. ISBN; 10;08213-62-49-6.

ABSTRACT:
Problem statement: This study examined social welfare policy in Nigeria, with emphasis on the Structural Adjustment Programme (SAP) objectives and its social welfare implications. The study looks at the effects of the Adjustment Programme and juxtaposes it with the social roles, responsibilities and objectives of the government, particularly in the area of providing socioeconomic and welfare needs for the people, to improve life and enhance the status of man and protect his dignity. In addition, responsibility of the government to her citizen is explained as a constitutional principle and obligation that should be a cardinal objectives and priority of the government.
Approach: The methodology used for this study is secondary mode of data collection, which enhanced the understanding of the welfare status of Nigerians in the pre-SAP and post-SAP period under review. For example, studies by Philip Asiodu and Pius Okigbo on the introduction of SAP and the implications on people’s welfare pointed to the fact that, SAP is not a microeconomic policy, arguing that any policy that will address people’s welfare must be short term, unlike this study which examine the implications of SAP on the economic power parity and the well-being of the people. However, the study observes that the adoption of the structural adjustment policy by the government negates the welfare approach to governance. Instead of improving the welfare of Nigerians, the policy only made Nigerians vulnerable.
Results: The study revealed a sharp decline in the peoples welfare, while it was observed that the socio-economic hardship that follows the implementation of the Structural Adjustment Programme have remained unabated, with succeeding administrations trying to fully deregulate the economy.
Conclusion: In conclusion, the study revealed that, social policy in Nigeria has fall short of the principle and the concept of welfarism, which is about the general well-being of the citizens in health, education, safety and security, personal freedom and social capital that are lacking in today’s Nigeria.

IJSSER is Member of