Street Vendors and Households Poverty Reduction in Niger State

Abstract

Street vendors have been acknowledged as an important driver of economic performance both at the micro and macro level; it is argued that it plays important role in household’s poverty reduction. This study examines the impact of street vendors on household’s poverty reduction in Niger State, Nigeria. A set of household data was generated from the administration of structured questionnaire to 479 households in Niger State. Structural equation modelling approach (AMOS) was developed and applied for data analysis. The result obtained show that street vendors has significantly improved the living standard of the study area, thus, fulfilling our a priori expectation that street vendors has positive impact on household’s poverty reduction in Niger State, Nigeria. This result notwithstanding, Niger State Government, as much as possible should come up with a policy in supporting the street vendors. This will go a long way in improving the welfare of the citizen as well as further reducing the level of poverty in the area.