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Articles 1 - 19 of 19
Full-Text Articles in Social and Behavioral Sciences
Dynamic Effects Of Fiscal Policy On Output And Unemployment In Nigeria: An Econometric Investigation, Attahir B. Abubakar
Dynamic Effects Of Fiscal Policy On Output And Unemployment In Nigeria: An Econometric Investigation, Attahir B. Abubakar
CBN Journal of Applied Statistics (JAS)
This study investigates the effect of fiscal policy shocks on output and unemployment in Nigeria under the Keynesian framework by employing the Structural Vector Autoregression (SVAR) methodology to analyse annual series on the relevant variables for the period 1981-2015. Augmented Dickey Fuller (ADF) test for unit root result shows all variables to be integrated of order one and Johansen Cointegration test confirms the presence of long run association among the variables. Findings of the SVAR model shows shock in public expenditure as having a positive long- lasting effect on output. Revenue shock was found to exert a positive effect (lower …
On Being An Entrepreneur: The Nigerian Perspective, Olayinka K. Binuomoyo
On Being An Entrepreneur: The Nigerian Perspective, Olayinka K. Binuomoyo
Young African Leaders Journal of Development
It is common knowledge that the success of an economy rests on the strength of its entrepreneurs. Present-day challenges make it imperative for countries in the same bracket as Nigeria to deemphasize reliance on oil and government for social crumbs, to embrace innovative activities and deepen small and medium-scale enterprises (SMEs). SMEs are important drivers of economic growth but they face significant challenges as obtained in Nigeria where infrastructures such as power, transportation and financing needed to make entrepreneurship work seldom exists. With a high unemployment rate, young Nigerians are required to embrace entrepreneurship. The aim of this paper is …
Meaning, Nature And Scope Of Conflict In Nigerian Workplaces, Theophilius Adekunle Tinuoye
Meaning, Nature And Scope Of Conflict In Nigerian Workplaces, Theophilius Adekunle Tinuoye
Young African Leaders Journal of Development
Conflict is a pervasive reality which resonates and occurs globally in diverse forms. UNDP (2014) noted that conflict and a sense of personal insecurity have pervasive adverse impacts on human development and leave billions of people living in precarious conditions. Conflicts have short and long term impacts which affect both conflicting and non-conflicting parties in different ways. This is most poignant at work, where workplace conflicts can escalate, inflict enormous harm on firms, employers, managers, employees, unions etc and pose a great threat to societal as well as national stability and progress. Hence, it becomes expedient for stakeholders at work …
Overview Of Non-Oil Sector In Nigeria., Uwatt B. Uwatt
Overview Of Non-Oil Sector In Nigeria., Uwatt B. Uwatt
Bullion
This paper is to enhance the understanding of the non-oil sector in Nigeria, The underlying need is the emphasis on why the sector should be embraced as the new economic bride, not only by the government, but by oil and sundry, to fast-track economic recovery and enhance sustainable growth.
Promoting Non-Oil Sector Financing In Nigeria: The Role Of The Media., Ugochukwu A. Okoroafor
Promoting Non-Oil Sector Financing In Nigeria: The Role Of The Media., Ugochukwu A. Okoroafor
Bullion
ln the case of Nigeria, the dominance of earnings from crude oil as a source of external revenue become pronounced in the wake of the positive oil shocks of the 1970s as the Organisation of Petroleum Exporting Countries (OPEC) began to effectively exert its powers as a cartel. In the light of a few developments in the sector, it is clear that the oil sector can no longer power the economy of Nigeria. As a result the non-oil and the private sector are required to ensure that Nigeria develops well-rounded and sustainable economic outcomes.
A Dynamic Stochastic General Equilibrium (Dsge) Model Of Exchange Rate Pass-Through To Domestic Prices In Nigeria, M. A. Adebiyi Dr, C. N. Mordi Dr
A Dynamic Stochastic General Equilibrium (Dsge) Model Of Exchange Rate Pass-Through To Domestic Prices In Nigeria, M. A. Adebiyi Dr, C. N. Mordi Dr
CBN Occasional Papers
This paper employed a Bayesian framework of DSGE model to estimate the pass-through effect of exchange rate to domestic inflation in Nigeria, using quarterly data for the period 1990 to 2011. The response of inflation rate to exchange rate shocks was found to be positive and statistically significant in the short-run. The pass-through was small and incomplete with almost zero in quarter 1 (0.09), rose to 0.18 in quarter 2 and declined to 0.07 and 0.01 in quarters 3 and 4, respectively. These findings were lower than those obtained elsewhere by other authors. The low pass-through reported in this study …
Monetary Policy And Financing Real Sector Growth In Nigeria., Moses K. Tule
Monetary Policy And Financing Real Sector Growth In Nigeria., Moses K. Tule
Bullion
The study examines CBN's real sector financing initiatives and implication for real sector growth and economic development. Section 2 discusses selected CBN real sector financing initiatives. Section 3 is the implications of the initiatives for growth and economic management. Section 4 discusses challenges of implementing the policies while section 5 concludes the paper and presents suggestions on the way forward.
Overview Of Development Financing: The Case Of Central Bank Of Nigeria, M. A. Olaitan
Overview Of Development Financing: The Case Of Central Bank Of Nigeria, M. A. Olaitan
Bullion
This study highlighted the functions of Central Bank under development finance and economic development, and it also went further to state the mandate of the development finance Department which is the development and implementation of policies, programmes and schemes aimed at the effective, efficient and sustainable delivery of financial services to the real sector of the Nigerian economy. The objective of the mandate are to increase the flow of financial resources to the real sector, create wealth and jobs, reduce poverty and so on.
Education And Leadership: Indispensable For Nigeria's Economic Development, Olusegun Obasanjo, Philip Charles Zerrillo
Education And Leadership: Indispensable For Nigeria's Economic Development, Olusegun Obasanjo, Philip Charles Zerrillo
Asian Management Insights
The former President of Nigeria (1999 to 2007), Olusegun Obasanjo, talks about the nation’s evolving transformation in this interview with Philip Zerrillo.
Empirical Estimation Of Optimal International Reserves For Nigeria: The Sudden Stop Model, G.K. Sanni, T.S. Olusegun, Z. Sani
Empirical Estimation Of Optimal International Reserves For Nigeria: The Sudden Stop Model, G.K. Sanni, T.S. Olusegun, Z. Sani
Economic and Financial Review
The study examined the issue of optimum external reserves for Nigeria during 2010 - 2014, using Jeanne and Ranciere (2006) and Goncalves (2007) sudden stop model approach. The study showed that resident foreign currency deposit accounted for over 90 per cent of the total foreign currency deposit, while non-resident foreign currency deposit accounted for the remaining. The result of the model suggested that external reserves were adequate in 2010 but beyond that period, it was far below optimal level. On average, the optimum external reserves were around 15.7 per cent of GDP in the past four years, translating to US$54.52 …
Non-Oil Revenue Buoyancy And Elasticity: Implications For Revenue Generation In Nigeria, B. Gaiya, A.A. Ononugbo-Ikenna, K. Ajala
Non-Oil Revenue Buoyancy And Elasticity: Implications For Revenue Generation In Nigeria, B. Gaiya, A.A. Ononugbo-Ikenna, K. Ajala
Economic and Financial Review
The paper employs annual time series data on real government tax revenue components from 1981-2014 to endogenously determine the level of non-oil revenue buoyancy and elasticity and its implication for revenue generation in Nigeria. A partitioning approach to determining tax buoyancy and elasticity is employed to address these objectives. The study found that with the exception of the Company Income Tax, an inelastic tax structure exists in Nigeria for the period under review. The proxy bases had similar results in terms of their responsiveness to the tax system. There were also evidences that the discretionary measures taken during the study …
Economic Growth, Poverty And Income Inequality Matrix In Nigeria: A Further Investigation, H.O. Okafor
Economic Growth, Poverty And Income Inequality Matrix In Nigeria: A Further Investigation, H.O. Okafor
Economic and Financial Review
This paper examined the existing relationship among economic growth, poverty and income inequality in Nigeria. Using the Vector Auto-regressive (VAR) model and the Engle-Granger technique to test for the causality existing among the variables, the results revealed that economic growth had no impact on poverty reduction and income distribution in Nigeria due its non-inclusive nature. There was, however, evidence of a unidirectional causality, running from income inequality to increased poverty. This implied that inequality would lead to increase in poverty in Nigeria. Therefore, the paper recommended that govemment should develop stronger economic institutions that ore capable of reorganising the productive …
Nigeria: The Matrix Between Fragility Of Livelihoods And Conflict, Abiodun Odusote
Nigeria: The Matrix Between Fragility Of Livelihoods And Conflict, Abiodun Odusote
Journal of Global Initiatives: Policy, Pedagogy, Perspective
In recent times, there has been an increased outbreak of conflicts across the globe, particularly in areas experiencing livelihood fragility. Available literature suggests that in a society where livelihoods are threatened, minimal, or non-existent, the people are generally more overwhelmed and prone to violence and conflict. This paper consolidates the available literature on livelihoods and conflict, with the aim of identifying the nexus between the two concepts. The author particularly interrogates the matrix between fragility of livelihoods and armed conflicts, with emphasis on Boko Haram and the Niger Delta conflicts. The article notes that there seems to be a large …
Introduction: Sustainable Livelihoods, Conflicts, And Transformation, Brandon D. Lundy, Akanmu G. Adebayo
Introduction: Sustainable Livelihoods, Conflicts, And Transformation, Brandon D. Lundy, Akanmu G. Adebayo
Journal of Global Initiatives: Policy, Pedagogy, Perspective
Introduction to the Journal of Global Initiatives Volume 10, Number 2 "Sustainable Livelihoods and Conflict."
An Assessment Of Rural Household Vulnerability In The Hadejia-Nguru Wetlands Region, Northeastern Nigeria, Ahmadu Abubakar Tafida, Mala Galtima
An Assessment Of Rural Household Vulnerability In The Hadejia-Nguru Wetlands Region, Northeastern Nigeria, Ahmadu Abubakar Tafida, Mala Galtima
Journal of Global Initiatives: Policy, Pedagogy, Perspective
The Hadejia-Nguru wetlands have long been recognized as a World Heritage Site notably for its supportive role to wild birds from Europe, Asia, and Australia. At times the functions of the wetlands have been tremendously jeopardized due to dwindling resources and thus affecting the lives of more than 1.5 million people. A number of projects were initiated by different international communities, such as the Department for International Development (DFID), aimed at fostering sustainable utilization of the natural resource base to improve the well-being of the people. The interventions have rarely succeeded, perhaps due to the lack of understanding of rural …
Some Dimensions Of Farmers'-Pastoralists' Conflicts In The Nigerian Savanna, Mayowa Fasona, Eniola Fabusoro, Comfort Sodiya, Vide Adedayo, Felix Olorunfemi, Peter Omu Elias, John Oyedepo, Grace Oloukoi
Some Dimensions Of Farmers'-Pastoralists' Conflicts In The Nigerian Savanna, Mayowa Fasona, Eniola Fabusoro, Comfort Sodiya, Vide Adedayo, Felix Olorunfemi, Peter Omu Elias, John Oyedepo, Grace Oloukoi
Journal of Global Initiatives: Policy, Pedagogy, Perspective
The savanna ecosystem covers about 48.5% of Nigeria’s land area. It is a national common for intensive cropping and extensive grazing. Fierce competition for land and water resources among the crop farmers and pastoralists is a common feature. This article shares insights from two separate, but linked, studies conducted in the Nigerian savanna on the livelihood and food security of the local peasant farming communities and the vulnerability of the settled Fulani agro-pastoralists’ livelihoods. Household interviews, focus group discussions, and key informant interviews were employed among both the farming and agro-pastoralist communities. 191 respondents in 11 local farming communities and …
The Application Of Geospatial Analytical Techniques In The Assessment Of Land Use Conflicts Among Farmers And Cross-Boundary Nomadic Cattle Herders In The Gombe Region, Nigeria, Whanda J. Shittu, Mala Galtima, Dan Yakubu
The Application Of Geospatial Analytical Techniques In The Assessment Of Land Use Conflicts Among Farmers And Cross-Boundary Nomadic Cattle Herders In The Gombe Region, Nigeria, Whanda J. Shittu, Mala Galtima, Dan Yakubu
Journal of Global Initiatives: Policy, Pedagogy, Perspective
In Nigeria, many land use conflicts among the teeming rural agrarian communities in the northern parts of the country are often wrongly attributed to ethno-religious differences while ignoring the salient role environmental degradation, climate change, and urbanization play in exacerbating the conflicts. The two traditional farming groups (crop producers and cattle herders) that contribute immensely to the country’s food security are in constant conflict, thereby threatening sustainable agricultural production. The objective in this article is to investigate the nature and extent of land use changes in the Gombe region using geospatial analytical techniques and assess the implications on land conflicts. …
Sustainability, Livelihoods, And Quality Of Life Of Older Retirees In Lagos State, Nigeria, Bola Amaike
Sustainability, Livelihoods, And Quality Of Life Of Older Retirees In Lagos State, Nigeria, Bola Amaike
Journal of Global Initiatives: Policy, Pedagogy, Perspective
Later life is celebrated in Africa because it is seen as a blessing from God. Therefore, older people are generally treated with dignity. But with modernization, African senior citizens suffer diverse challenges and experience difficulty in meeting their basic needs. Hence, the need for sustainable livelihoods that will address life deprivations and improve the quality of life of Nigerian elders. This article examines the sustainability of retirement livelihoods and its impact on quality of life of formal sector retirees in Nigeria. It argues that beyond the conventional survival mechanisms, Nigerian retirees require resilient and sustainable livelihoods in order to enhance …
Business Leaders Marketing To Bottom-Of-The-Pyramid Consumers In Nigeria, Chantell Ramaun Beaty
Business Leaders Marketing To Bottom-Of-The-Pyramid Consumers In Nigeria, Chantell Ramaun Beaty
Walden Dissertations and Doctoral Studies
Business leaders often leave more than half of the world's population the bottom of the pyramid (BOP), a $5-trillion market of potential consumers untapped for products and services on account of failing to see BOP markets as profitable for business, yet business leaders who have managed inclusive BOP marketing in Nigeria have experienced profit margins as high as 120%. The purpose of this multiple case study was to explore strategies of business leaders who market to BOP consumers in Nigeria and maintain a profit. The study population consisted of 3 business leaders in the Dallas and Fort Worth metropolitan area …