Author(s):
Akintunde Oyetunde A, UBAKA Ngozi O, AJIBADE Olufemi S, BELLO Omofolake O
Abstract:
The research study assesses poverty incidence among the elderly with and without pension in selected localities in Ekiti State. It adopted the monetary measure of poverty using consumption expenditure as poverty index. Structured questionnaire was used to collect data from 340 households randomly sampled in 24 enumeration areas across the three senatorial districts in Ekiti State. Binary logistic regression estimation method was used for the analyses. The finding shows that whereas households with elderly only, elderly and children, as well as elderly and working age had high poverty incidence, but mixed households had low incidence of poverty. With reference to pensions, households with elderly who are recipients of pension had a significantly low incidence of poverty compared to those without pensions. In order to tackle old age poverty, the research study recommends that public policy must target the poorest among the poor in specific household type with elderly without pension.