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Cost Implications of The Prevalence Of HIV/AIDS On The Economic Development Of Nigeria.

Azuh, Dominic E. and Osabuohien, E. S. C. and Nwaubani, Okechukwu O. and Ugwuanyi, Benedict E. (2014) Cost Implications of The Prevalence Of HIV/AIDS On The Economic Development Of Nigeria. Journal of Education and Practice, 5 (13). pp. 24-34. ISSN 2222-1735 (Paper) ISSN 2222-288X (Online)

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Abstract

HIV/AIDS emerged in the last three decades as visible threat to health and the socio-economic conditions of developing countries including Nigeria. Against this background, this study sought to determine the cost implications of the prevalence of HIV/AIDs on the economic development of Nigeria. The study adopted mainly qualitative approach sourced from National Bureau of Statistics-(NBS) and Central Bank of Nigeria-(CBN) statistical Bulletin respectively for analysis. Findings seem to support claims that the incidence of HIV/AIDS exert serious negative influences on the economic growth of Nigeria. This is due to the fact that HIV/AIDS reduces to a large extent the proportion of the working population with its huge corresponding cost implications, which in turn affect economic resources in the country. The policy interventions strategies recommended for stemming the scourge of HIV/AIDS include; prevention of new infections, cost reduction of treatments for patients, positive adjustments of patients to employment environment and development of activities like pychoeducational programme to motivate and foster HIV/AIDS prevention and management behaviours among the Nigeria populace especially the youth.

Item Type: Article
Uncontrolled Keywords: Cost, Economic Growth; Employment, HIV/AIDS, Productivity
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 29 Mar 2015 18:03
Last Modified: 29 Mar 2015 18:03
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/4401

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