Abstract
This study, with a specific emphasis on the lived experiences of single mothers, explored the perceived economic advantages of single parenting among Nigerian single women. The study tackled the growing apprehensions over the financial difficulties encountered by families headed by single mothers, highlighting the growing number of low-income families in Africa, particularly in Nigeria. The study employed a combination of qualitative (Key Informant Interview) and quantitative (Survey) methods to investigate their viewpoints on the financial benefits of being a single parent. The theoretical framework explained the intricate relationship between socioeconomic issues and single parenting by integrating social exchange theory and rational adaptation theory. 450 respondents participated in the quantitative study, while 30 respondents were selected for the qualitative study. According to data collected, single mothers frequently enter into several partnerships to obtain a variety of financial support for both themselves and their children. The study emphasized asset accumulation and emotional benefits as ways that single mothers can reduce poverty in addition to financial rewards. The study further highlighted the significance of social protection frameworks and all-encompassing initiatives aimed at tackling the distinct obstacles encountered by single mothers, eventually promoting the welfare of mothers and their offspring in an emerging country such as Nigeria. Keywords: Single Mothers, Economic Benefits, Low-income Families, Social Protection
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