Labor & Economic News Blog

Friday, July 22, 2005

AGOA's impact on poverty alleviation in Nigeria, others low, says U.S. report
The African Growth Opportunities Act (AGOA) may have recorded limited success in alleviating poverty in Nigeria and some other African countries, going by a U.S. policy brief released in Dakar, Senegal on Wednesday. But notwithstanding the assessed low impact of the scheme on poverty situation in the continent, the imperativeness of AGOA as an elixir to economic diversification was not lost on participants at a forum in the Senegalese capital.

 



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