Sustainable Development and Eradication of Poverty in Nigeria: Institutional Investors as a Primary Tool

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Philip Osarobo Odiase
Opeyemi Yetunde Omotuyi

Abstract

In response to the growing challenge of inequality around the world, the United Nations in 2015 adopted the 2030 agenda for sustainable development, a set of seventeen (17) sustainable development goals (SDGs). Chief amongst them is the goal to reduce inequalities among and within countries by reducing income inequalities: SDG1. To enable effective implementation of the goal, the United Nations calls for a global partnership, involving the public and private sectors. Placing its core emphasis on the Nigerian private sector, this article examines, from a doctrinal and analytical perspective, the strategic contributions institutional investors in Nigeria can make in combating inequality. The article identifies ‘Responsible Investment’, a growing international phenomenon, as one of the veritableinstruments that can be engaged in bridging the inequality gap prevalent in the country.

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Author Biographies

Philip Osarobo Odiase, Adekunle Ajasin University

Head, Department of Private and Property Law.

Opeyemi Yetunde Omotuyi, Adekunle Ajasin University

Lecturer, Department of Public Law