The impacts of the food, fuel and financial crises on poor and vulnerable households in Nigeria: A retrospective approach to research inquiry

This article examines the impacts of the financial, food and fuel crises on poor and vulnerable households in two states of Nigeria: Lagos and Kano. It uses retrospective household‐level data to analyze the impacts of induced price variability on household welfare. The results indicate that aggregat...

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Bibliographic Details
Published in:Development policy review 2016-11, Vol.34 (6), p.763-788
Main Authors: Chiripanhura, Blessing M., Niño-Zarazúa, Miguel
Format: Article
Language:English
Subjects:
child labour
Consumption
Coping
Economic crisis
Economic models
Food
Food supply
fuel and financial crises
Fuels
Heterogeneity
Households
impact analysis
Low income groups
Nigeria
Poverty
Prices
Rural areas
Social research
Urban areas
vulnerability schooling
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Summary:This article examines the impacts of the financial, food and fuel crises on poor and vulnerable households in two states of Nigeria: Lagos and Kano. It uses retrospective household‐level data to analyze the impacts of induced price variability on household welfare. The results indicate that aggregate shocks have significant adverse effects on household consumption, schooling and child labour decisions, with a degree of impact heterogeneity across regions and rural and urban areas of the country. We find that the coping strategies adopted by the poor to deal with the short‐term effects of the crises can lock households in a low‐income equilibrium or poverty trap. Provided that covariate shocks exacerbate these effects, they become central for policy design.
ISSN:0950-6764
1467-7679
DOI:10.1111/dpr.12183