Achievements, Constraints and Prognosis in Achieving the Millennium Development Goal of Eradicating Extreme Poverty and Hunger in the Nigeria Economy

Among the Main Objectives of the Millennium Development Goal (MDGs) are targeted at eradicating extreme hunger and poverty in the 189 member countries of the United Nations (UN). Nigeria as a member of the United Nations keyed into the implementation of the framework of the goals, by formulating the National Economic Empowerment and Development Strategy (NEEDS). NEEDS as a policy, is targeted at eradicating poverty and bringing about sustainable development. This is done through the establishment of agencies like the National Poverty Eradication Programme (NAPEP). However, the scourge of poverty is still been felt by the majority of the citizens of the country who do not have access to primary health care, water and food. This paper analyses the achievements, the constraints and prognosis of achieving the goal of MDG, of eradicating poverty and hunger in the economy and concludes that government at various levels must come up with genuine poverty reduction programmes if the challenges of poverty must be tackled. The study recommends that long term strategic plans that address unemployment taking into consideration the educational curriculum and the needs of the labour market as well as strengthening the human and financial capacity of poverty alleviation institutions in the country, should be welcomed.