Street Vendors and Household Poverty Reduction in Niger State, Nigeria

Abstract

Street vendors have been acknowledged as an important driver of economic performance both as 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 were generated from the administration of structured questionnaire to 479 household in Niger State. Structural equation modeling approach (AMOS) was developed and applied for data analysis. The result obtained show that street vendor 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 not withstanding, 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.