Vincent Ikumariegbe Ogboghro, Ph.D
Dept. of Banking & Finance, Delta State University, Abraka, NIGERIA.
Analysis of Age Dimension of income Distribution and Benefits Incidence in Nigeria
Authors
Abstract
The paper is on age wise analysis of income distribution, and its interaction with
benefits incidence in Nigeria. It particularly examines how benefits incidence
has impacted age-wise distribution of income in Nigeria. Government
expenditure policies were analyzed so as to figure outtheir income re-distributive
value. The study notes that, distribution is originally skewed against the youths
of age below 45 and above 60 in Nigeria. It is noted that Nigeria with a gin-
coefficient index of 0.447 in 2010 is one of the worst in the world. Though
Nigeria have a history of poor income distribution, it has recently been showing
signs of improvement; her gini-coefficient index improved in2016 to 0.387. This
improvement resulted from the many pro-youths’employment/income
generating programmes of the government; particularly the N-power, SURE-P,
and rural agricultural programmes.In conclusion it is recommenced that
government should intensify her rural youths farming programmes by
subsidising seedlings, fertilizer and improving extension services to the rural
areas. Government can also be ready to guaranty and extend credit facilities to
them.