ANALYTICAL OVERVIEW OF THE ROLE PLAYED BY WAQF IN POVERTY ALLEVIATION: A CASE STUDY OF SOKOTO STATE, NIGERIA

Abubakar Yusuf Sanyinna

Abstract


Purpose – This is an exploratory research aimed at unveiling many myths surrounding the prevalence of poverty in the Nigerian State of Sokoto. It attempts to disclose the failure of previous conventional poverty-alleviation programs and suggests ways to reinvigorate the development of waqf properties to achieve sustainable poverty alleviation in the State.

Methodology – Qualitative approach is adopted in conducting the research and the data is collected through relevant literature survey, face-to-face interview, observation and archival studies. Descriptive technique is used in analyzing the data.

Findings – It becomes certain that poverty in Sokoto State remains resistant to all successive conventional measures of its alleviation. It is discovered that the potentials of waqf are not adequately harnessed for sustainable poverty alleviation. Thus, there is a need for re-focusing the activities of waqf institution towards achieving the ultimate goal.

Consequences – Weak management of waqf properties amounts to waste of hard-earned resources. While prevalence of poverty culminates in the rising rate of ignorance, unemployment, hunger, diseases and social vices.

Suggestion- All stakeholders in the phenomenon; arms of government, the rich, scholars and the general public, should be alive to their respective responsibilities. Unlike zakah that has confinements and limitations, waqf has an open-ended pooling system that can squarely tackle the problem of poverty if professionally managed.

 

Keywords: micro-small-and-medium enterprises (MSMEs), Nigeria, poverty alleviation, Sokoto, waqf.


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