POPULATION INCREASE AND ITS PROBLEMS IN NIGERIA
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POPULATION INCREASE AND ITS PROBLEMS IN NIGERIA
ABSTRACT
This study on population increase and its problems in Nigeria is riper now in our country in this strategic time. It was discovered using the least square method of regression with the aid of SPSS statistical package, tested on Nigeria population and GDP covering thirty-seven years (1960-2016) that the impact of Nigeria’s high population is not totally negative on the economy. There exist, as revealed from the findings, a positive relationship and high significance of total population level of Nigeria with economic growth. In addition, human capital showed no significant impact on economic growth. Attainable demographic policies and revitalization of human capital development were recommended to, not only boost economic productive activities but further enhance economic growth and development in Nigeria.
CHAPTER ONE
INTRODUCTION
1.1 Background of the study
During recent years, the world population had oscillated around 6 billion, in which developing countries contributed to 80% of the total figure and mostly occur in Asian countries Pham and Tran (2011). It is no news that population growth and the economy always have a close relationship. Over the years, the arguments about positive and negative effects of population on economic growth and development are still elaborate problems for most of the researcher., that the population level can reduce the output per capital because population increases at a geometrical rate while production, on the other hand, rises at an arithmetic rate so that output growth rate cannot keep the same pace. Another famous researcher is Robert, focused on the term, ‘population growth rate’ instead of the ‘population level’. He said that
ABSTRACT
This study on population increase and its problems in Nigeria is riper now in our country in this strategic time. It was discovered using the least square method of regression with the aid of SPSS statistical package, tested on Nigeria population and GDP covering thirty-seven years (1960-2016) that the impact of Nigeria’s high population is not totally negative on the economy. There exist, as revealed from the findings, a positive relationship and high significance of total population level of Nigeria with economic growth. In addition, human capital showed no significant impact on economic growth. Attainable demographic policies and revitalization of human capital development were recommended to, not only boost economic productive activities but further enhance economic growth and development in Nigeria.
CHAPTER ONE
INTRODUCTION
1.1 Background of the study
During recent years, the world population had oscillated around 6 billion, in which developing countries contributed to 80% of the total figure and mostly occur in Asian countries Pham and Tran (2011). It is no news that population growth and the economy always have a close relationship. Over the years, the arguments about positive and negative effects of population on economic growth and development are still elaborate problems for most of the researcher., that the population level can reduce the output per capital because population increases at a geometrical rate while production, on the other hand, rises at an arithmetic rate so that output growth rate cannot keep the same pace. Another famous researcher is Robert, focused on the term, ‘population growth rate’ instead of the ‘population level’. He said that
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