Publication:
Financial inclusion, socioeconomic shocks and social protection in Nigeria amidst COVID-19 pandemic

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dc.citedby0
dc.contributor.authorOsabohien R.en_US
dc.contributor.authorJaaffar A.H.en_US
dc.contributor.authorYusoff N.Y.M.en_US
dc.contributor.authorIbrahim J.en_US
dc.contributor.authorAderemi T.A.en_US
dc.contributor.authorKhalid A.A.en_US
dc.contributor.authorYew L.K.en_US
dc.contributor.authorOvat O.O.en_US
dc.contributor.authorid57201922189en_US
dc.contributor.authorid58897806500en_US
dc.contributor.authorid55812094300en_US
dc.contributor.authorid58846396400en_US
dc.contributor.authorid57337258400en_US
dc.contributor.authorid58796942500en_US
dc.contributor.authorid57214124321en_US
dc.contributor.authorid58186225300en_US
dc.date.accessioned2025-03-03T07:46:48Z
dc.date.available2025-03-03T07:46:48Z
dc.date.issued2024
dc.description.abstractFinancial inclusion and social protection have been recognised as the primary essential stimuli from the potential they carry as avenues for economic development, especially with respect to reduction in poverty and inequalities, the creation of employment and the enhancement overall welfare and livelihood. However, inclusive access to financial resources and equitable access to social protection interventions have remained a significant concern in Nigeria. In addition, the emergence of the COVID-19 pandemic exposed the weakness of Nigeria in all sectors of the economy such as energy, health, education and food systems and low-level inclusive access to financial resources and social protection coverage. On the other hand, this study argues that financial inclusion and social protection has the potential to mitigation shocks orchestrated by the COVID-19 pandemic. This study empirically examines how social protection interventions and access to financial resources responded to COVID-19 pandemic. The study made use of data sourced from the World Bank?s COVID-19 national longitudinal phone survey 2020 and applied the logit regression. The findings show that social protection and access to financial resources significantly associated with the likelihood of shock mitigation during the COVID-19 pandemic. The results show that social protection intervention reduces the probability of being severely affected by shocks by 0.431. Given this result, the study recommends that the government should put more effort into proper social protection intervention to mitigate the effect of the COVID-19 pandemic. ? 2024 by author(s).en_US
dc.description.natureFinalen_US
dc.identifier.ArtNo3616
dc.identifier.doi10.24294/jipd.v8i7.3616
dc.identifier.issue7
dc.identifier.scopus2-s2.0-85201568963
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85201568963&doi=10.24294%2fjipd.v8i7.3616&partnerID=40&md5=7d19b20dc2dbbbaf6559e5e03e8cc088
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/37034
dc.identifier.volume8
dc.publisherEnPress Publisher, LLCen_US
dc.relation.ispartofAll Open Access; Gold Open Access
dc.sourceScopus
dc.sourcetitleJournal of Infrastructure, Policy and Development
dc.titleFinancial inclusion, socioeconomic shocks and social protection in Nigeria amidst COVID-19 pandemicen_US
dc.typeArticleen_US
dspace.entity.typePublication
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