Harnessing Social Capital for Community-based Poverty Reduction: A Study of Ijebu Development Initiative on Poverty Reduction (IDIPR) Ijebuland, Ogun State, Nigeria
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2022-12
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Lead City University
Abstract
One of the major development issues which is of utmost concern in development administration is poverty. There are multi-dimensional approaches employed to confront the menace such as social capital. Thus, this thesis investigated how to harness social capital for a community-based poverty reduction, (A study of Ijebu Development Initiative on Poverty Reduction, Ijebu-Ode, Ogun State, Nigeria). The global call of using Social Capital to tackle poverty is gaining more ground, consequently, it is significantly imperative to study the strategy as it contributes towards achieving poverty eradication which is the topmost of the seventeen Sustainable Development Goals (SDGs) of the United Nations. The study described Social Capital as goodwill or social intercourse that heralds as the glue that holds communities together. However, Civil Social Capital was adopted under conceptual review, while OPTICOM Community Theory was adopted as theoretical frame work. This is as a result of its high capability of utilizing the civic energy to promote development with minimum cost. The study made use of a set of questionnaire and in-depth interviews for data collection while the Descriptive Content Analysis was used for the analysis of the collected data. The findings showed that the City Consultation which originally brought the people together dynamically unlocked the hidden and untapped community resources while traditional authourity, volunteerism and cluster innovation strategy led to the success and sustainability of IDIPR. The constraints confronting social capital initiative for community poverty reduction with research-based recommendations such as the promotion of social capital within communities were also made to mitigate the challenges and ensure the leeway for poverty reduction/economic development. The study has proved that social capital can contribute to community economic gains and poverty reduction; well-being; and to development in a sustainable manner.
Keywords: Poverty, Social Capital, Sustainability, City Consultation, Volunteerism and Micro-Enterprise.
Word Count: 297
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Kate Turabian