Impacts of Consumption Loans and Social Security on Households Welfare in Kano Metropolis

Shafiu Ibrahim Abdullahi* and Ahmad Muhammad Tsauni

Abstract

This research examines factors that affect households’ consumption pattern in Kano metropolis. Kano metropolis has its unique socio-economic and cultural settings which affect consumption activities of households. The study employs data gathered by means of questionnaire surveys carried out in Kano metropolis in 2023. The data was analysed using Tobit and exponential regression models. The findings of the study show that consumer loans and social security have positive impacts on household consumption. The results also show that food expenditure dominated consumption expenditure pattern, while cost of energy has negative effects on consumption. These findings have implications on government efforts to fight poverty, ensure food security and provide affordable energy to households. Therefore, government shall revitalize consumer loan schemes, boost assistance to the poor and provide cheaper alternatives means of energy such as renewable energy. Through understanding of factors that affect consumption and households’ welfare, policymakers, researchers and stakeholders can develop good policies and strategies to deal with the challenges of poverty and welfare of households in Kano state and Nigeria at large.

Keywords

Corresponding Author

Shafiu Ibrahim Abdullahi, Department of Economics, Skyline University, Nigeria.

Citation

: Abdullahi, S, I., Tsauni, A, M. (2025). Impacts of Consumption Loans and Social Security on Households Welfare in Kano Metropolis. Econ Dev Glob Mark, 1(1), 01-15.