Money provides the purchasing power to acquire virtually everything; from food to life, or its
elongation. In its severe scarcity poverty sets in resulting in the denial of its victims basic essentials
of life. The poor have limited access to basic necessities of life, such as food, clothing, decent
shelter, and are unable to meet social and economic obligations. The fate of the Nigerian woman
especially the rural ones still remains abysmal, economically. The objectives of this study,
therefore, included to ascertain the current economic situation of the Nigerian woman determine the
place of the Nigerian rural women specifically in the whole equation and proffer solutions for the
way forward. Desk research format is used in gathering data from relevant Nigerian official sources.
The data were analyzed in percentage frequencies. The results show that loans granted by
commercial bank in Nigeria is in the ratio of 75.86%: 24.14% to the advantage of men. Then, out of
the micro-finance loans to women, the real rural women got about 25%. This paper therefore
attributes the failure of most poverty alleviation initiatives in Nigeria mainly to the economic
negligence of women. It recommends that for the programmes to succeed, women must be
empowered first, financially. The implication is that her numerous dependants are piloted out of
family poverty history through acquisition of necessary education, skills and attitude at the right
stages of their lives.