Impact Of Income Disparity On Poverty Status In Odogbolu Lga: Implication For The Actualisation Of Sustainable Development Goals (Sdgs) 1, 5 And 10
Keywords:
Income Disparity, inequality, poverty, development, gender equalityAbstract
This study investigated the relationship between impacts of income disparity on poverty status in Odogbolu LGA: implication for the actualisation of the Sustainable Development Goals (SDGs) 1, 5 and 10. The study adopted a descriptive survey with correlational design with a population of 339,899 residents of Odogbolu Local Government Area. Probability sampling was used to select 300 respondents which made up the sample of the study drawn from 6 wards out of the 10 wards. Three research hypotheses were raised to guide the study. The instrument of data collected for the study was a self-constructed questionnaire tagged "Income Disparity and Poverty Status Questionnaire (IDPSQ) with a reliability coefficient of .89. The Mean and Standard Deviation, Pearson r and Fisher’s Z statistics were used to analyse and test the hypotheses at .05 alpha level of significance. Findings from the analyses revealed that there is a significant relationship between income disparity and poverty status. Based on the findings, it was recommended that policies aimed at reducing income disparity should be complemented with policies that will ensure poverty reduction. For the economy to experience growth, income disparity must be addressed as it will simultaneously reduce poverty. Government and non-governmental organizations should make concerted efforts to assist households in rural communities through the provision of basic amenities.