Analysis of the Impact of Remittance in Kogi State Nigeria

Otupuru A. O., Laah J. G., Yusuf R. O., Arigbede Y. A.

Abstract


This study assessed the impact of remittances in Kogi State, Nigeria, focusing on both their positive and negative effects. Data were collected through a survey of 400 purposively selected respondents across two communities in each of the following Local Government Areas (LGAs): Ajaokuta, Ogori, Okene, Ankpa, Dekina, Ibaji, Lokoja, Kabba Bunu, and Yagba West. Descriptive statistics were used for data analysis. Findings revealed that 43.2% of migrants were aged 20–30 years, and 69.4% had lived away from home for over six years. In terms of remittance type, 74% of respondents received monetary remittances, while 26% received non-monetary support. Among those receiving monetary remittances, 34.8% received between ₦20,000 – ₦40,000, while 16.2% received more than ₦50,000. Additionally, 34.9% of non-monetary recipients received items like electronics, whereas only 3.0% received farm tools. Regarding the positive socio-economic impacts of remittances, the ability of families to meet basic needs (6.11) ranked highest, followed by improved living conditions and well-being (5.93). Conversely, key negative impacts included dependency on remittances (5.73) and discouragement from engaging in work (5.53). The study recommends the implementation of policies and programs that enhance the positive effects of remittances, particularly through entrepreneurship promotion and reducing household dependency on remittances.


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References


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