Impact of Foreign Aid on Poverty and Economic Development in Nigeria

Development assistance- the transfer of resources (cash, commodities or services) which promote the economic or welfare development of the recipient. (Organization for Economic Cooperation and Development)

Foreign aid is a term referring to resources and money lent out or given to a ‘recipient nation’ who is in need by a wealthier ‘donor country’. This can be given either in long term ‘humanitarian aid’, aimed at improving the welfare and development of the human population, or short term ‘emergency aid’ focused on providing the daily necessities to a population after a war, or natural disaster. Despite common belief, the purpose of foreign aid is not only to help countries which are in need, but also to achieve a range of social, economic, cultural and geopolitical goals that will benefit our national interest. Australia is currently the largest foreign aid donor of its nearest neighbour,

Foreign Aid can be described many ways, from a governments point of view, foreign aid is a voluntary transfer of resources from one country to another country. Foreign aid can be delivered in many different ways, a major part of foreign aid is providing medical assistance to a country when they cannot afford it themselves. Different countries view Aid in different ways, and the standards of what exactly constitutes aid varies depending on the country, for example until around 1960 most countries considered military assistance a form of foreign aid but this has since been changed. Aid, however is not restricted to governments and can be provided by individuals or private organizations as well.

Aid, as a concept of international development, has been at the centre of countless debates and has been studied through sizeable number of research over the past several decades; yet, there is no consensus among development sector experts on whether it works or not.

Foreign aid is the assistance given to other countries in a time of need. Foreign aid is there to provide mostly military assistance during or after a time of despair. Foreign aid has many advantages and disadvantages. Foreign aid benefits other countries health which makes the world a healthier place all around. It is also our job as a stronger nation to contribute to less fortunate countries. If it wasn’t for foreign aid, many countries wouldn’t be half of what they even are today. However, Foreign aid is continuing to cause more debt for us as a country. The northern hemisphere of the world is also receiving more assistance than the Southern part of the world, which could cause frustration with the united states. Overall, foreign aid is a concept which can be argued on either

Foreign aid is money, food, or other resources given or lent by one country to

Encyclopaedia Britannica defines Foreign aid as ‘the international transfer of capital, goods, or services from a country or international organization for the benefit of the recipient country or its population. Aid can be economic, military or emergency humanitarian’. As of 2015 Australia’s aid budget has fallen to $4 billion from $5.6 billion in 2013 after the 2014 Abbott government cuts which places Australia as the 12th highest country for aid as of 2015. These cuts will mean that Australian aid will be 0.22% of Gross National Income (GNI) of the 2017-18 budget compared to 0.34% of GNI in the 2013-14 budget. Australia under the governmental agency

The U.S. is currently the world's leader in foreign aid to developing countries. It gives foreign aid to such countries in order to promote political stability and economic prosperity, a natural interest for any global hegemon. This aid comes in the form of money, food, humanitarian work, and military assistance. The countries who receive the foreign aid certainly need assistance, but do not always use the aid wisely.

Foreign Aid is assistance provided by one country to another. The U.S. provides the most aid than any other country. While we help try to resolve problems abroad, we don’t receive assistance from any other countries that we have helped and are still helping. As for the problems we face at home are worsening, we only make our situation worse by meddling in issues that don’t concern us. In the past, we have helped countries that were struggling and needed our help but only led them to the birth of Saddam suhann. Then experienced tragic events like the pentagon being bombed twice and 9/11.

Humanitarian aid is care that is given to those that are victims of natural disasters or those that are located in places where war is occurring or has occurred. This care can include anything from food and water, to medical supplies and shelter, such as tents. A lot of people may not be aware of the problems that can arise as a result of humanitarian aid, since many only hear the positive outcomes of aid. There are both disadvantages and advantages to humanitarian aid during violent times, and there is a question about whether or not the negative aspects may actually outweigh the good.

I will be primarily focusing on three types of aid. The first is bilateral aid, which is aid given from one government directly to another government. Then there is multilateral aid, which is when a group of Agents all donate to a fund that can be used to help others, like the World Bank or the IMF. And the last is voluntary aid, not to be confused with charity, but it is aid given by an independent organization or raised by a private donor

Many people have very different definitions of humanitarian aid. It can be defined as simply as ¨The promotion of human welfare,¨ to as complex and in depth as the “justifiable use of force for the purpose of protecting the inhabitants of another state from the

The "Giant of Africa", Nigeria is a country found in Africa that has many natural resources but still has a very high poverty rate. We will examine the case of Nigeria, former colony of Britain. Though blessed with abundant natural resources, most people remain poor. Firstly, we will examine what is happening in Nigeria that explains how Nigerian citizens aren’t able to provide for themselves. Secondly, we will examine the causes which is why they cannot afford to live a healthy and safe life for reasons such as lack of education. Finally, we will examine the solutions to these problems such as social movements in Canada as well as Nigeria that are helping to change this. These social movements contain celebrities that advertise their charity. They raise awareness so that people that don’t really pay attention can open their eyes and be apart of the

The backdrop of my early childhood differed from most, having moved to Lagos from Illinois after the death of my father, it was common to see despair and extreme poverty. I was always in shock and awe of the living conditions that so many were faced with on a daily basis, including the limited resources that were essential for everyday life and overall well-being.

Nigeria is an Agricultural and oil rich nation but characterised by Political instability, corruption, poor