Digital Economy, Economy Transformation, and Poverty Alleviation in North Central Nigeria

By: Patricia Onyemowo Abah, Godfrey Ofana Ojeka

Pages: 637–655, Volume: 3, Number: 1

Published by: AEFUNAI Journal of Economics, Finance and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, 2/1/2026, 2026

ISSN (Electronic): 2536-6742

DOI:

Digital Economy, Economy Transformation, and Poverty Alleviation in North Central Nigeria

Abstract:

Economic digitization in Nigeria not only creates and boost self-esteen and sense of belonging, but also enhances the accessibility of communication by the majority of the poor and excluded from social media and information channels, mobile banking, and e-commerce activities. This study examined the effect of the digital economy on economic transformation and poverty reduction in North Central Nigeria. The field survey was conducted on a sample of 6436 respondents drawn from 9 local government areas across three senatorial districts of the selected states: Plateau, Nasarawa, and Benue states. Findings indicate that economic digitization creates jobs and enhances accessibility to financial services for the poor, leading to significant poverty reduction.

Keywords: Digital economy, Poverty alleviation, ICT adoption, Financial technology