JOURNAL OF ECONOMICS AND ALLIED RESEARCH
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    565 research outputs found

    ASSESSMENT OF SOLID WASTE MANAGEMENT PRACTICE AT THE STAFF QUARTERS OF WAZIRI UMARU FEDERAL POLYTECHNIC, BIRNIN KEBBI, NIGERIA

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    Solid wastes generation is an inevitable outcome of human living. While they are potentially harmful, understanding how to manage them can lead to wealth creation and a safe community. However, studies on solid wastes management in campuses in north-west Nigeria are limited. Therefore, this paper aimed to evaluate solid waste management practice at the staff quarters of Waziri Umaru Federal Polytechnic, Birnin Kebbi. The research gathered data through administering questionnaires on participants via electronic means. The authors analysed questionnaires received using descriptive statistics using MicroSoft Excel, version2013 and obtained frequencies including means and ratios. The study found that much of the solid wastes generated in the study area were conveyed in open carts to disposal sites - a practice that caused air pollution. The study also found that recycling was a below-average practice among most of the participants. The paper suggested that sensitization on effective solid waste management be held for the residents. The paper also recommended formal designation of disposal sites and routine monitoring of the sites to ensure compliance

    BARRIERS TO EMPLOYMENT GENERATION BY RURAL SMALL BUSINESSES IN BENUE STATE, NIGERIA

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    This study identified and critically analyzed the barriers inhibiting employment generation by rural small businesses in Benue State, Nigeria. The research investigated the structural, infrastructural, sociocultural, and institutional challenges confronting rural entrepreneurship and developing insights to inform more effective policy interventions. Focusing on the three senatorial districts of Benue State, the study employs a quantitative survey approach utilizing two-stage cluster sampling, with 360 small businesses randomly selected across twelve local government areas. Employing the Entrepreneurship Ecosystem Theory as the theoretical framework, the research methodically collected and analyzed data through questionnaires. The findings reveal a complex entrepreneurial landscape characterized by a progressive gender composition, with women comprising 55% of small business ownership, and a predominantly micro-enterprise structure primarily employing 1-10 workers. Similarly, the study uncovered significant barriers to employment generation, including financial constraints affecting 28.4% of enterprises, high production costs impacting 18.4% of businesses, and inadequate infrastructure challenging 14.7% of entrepreneurial efforts. Furthermore, the research highlights the diverse sectoral landscape, with agriculture, financial services, and retail trade emerging as leading sectors. Additionally, the study identifies critical support needs, with access to finance (31.8%), infrastructure improvement (19.1%), and training/mentorship (18.1%) emerging as key priorities. Consequently, the research recommends a comprehensive policy approach involving specialized microfinance programs, infrastructure investment, entrepreneurship training initiatives, simplified business regulations, market access platforms, and gender-inclusive entrepreneurship strategies to enhance employment generation and drive sustainable rural economic development

    MANAGING INSECURITY IN NIGERIA THROUGH QUALITY EDUCATION IN THE POST-COVID-19 ERA

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    In Nigeria, the persistent challenges of insecurity have been exacerbated by the COVID-19 pandemic, highlighting the urgent need for sustainable solutions. This paper explores the critical role of quality education in mitigating insecurity in the post-COVID-19 era. Quality education is essential for driving socio-economic progress, nurturing critical thinking, fostering social cohesion, and empowering individuals and communities. The study draws on an analysis of existing literature, including the educational theory established by the EdQual Research Programme Consortium, supported by the UK Department for International Development (DFID). The findings underscore that quality education is pivotal for socio-economic development and addressing insecurity in Nigeria. Significant investment in educational infrastructure and strengthening teacher training programs is essential for improving learning outcomes. Comprehensive curriculum reforms are necessary to prioritize civic education, conflict resolution skills, and vocational training. Prioritizing quality education enables policymakers to tackle the root causes of insecurity and foster a resilient society. Key recommendations include increasing investment in educational infrastructure, implementing teacher training programs, and adopting innovative teaching methods to enhance learning outcomes. Additionally, there is a pressing need for curriculum reforms that emphasize civic education, conflict resolution skills, and vocational training to equip students with the tools necessary for peaceful coexistence and economic self-reliance. By prioritizing quality education, policymakers can address the root causes of insecurity in Nigeria, fostering a more resilient society capable of meeting emerging challenges in the post-COVID era. This paper contributes to the discourse on sustainable development and peace-building efforts in Nigeria, underscoring the transformative potential of education in shaping a safer and more prosperous future for all citizen

    FOREIGN DIRECT INVESTMENT AND MACROECONOMIC DYNAMICS IN NIGERIA

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    Using time series data from the Central Bank of Nigeria statistical Bulletin (CBN, 2023) and the World Development Indicators (WDI, 2023), this study examined the effects of Foreign Direct Investment on Gross Domestic Product, Gross Capital Formation and Manufacturing Capacity Utilization in Nigeria during the 1986-2022 periods. Autoregressive Distributed Lag (ARDL) technique was adopted to estimate the dynamic relationship among the variables. The results indicated that FDI has a positive and statistically significant impact on both GDP (2.603904) and Gross Capital Formation (0.198195), but positive and non-significant impact on Capacity Utilization. The implication of the foregoing is that increase in FDI will increase GDP and Gross Capital Formation in the short run, while all the variables has a long run convergence to equilibrium

    THE INFLUENCE OF SOCIAL MEDIA ON AGRICULTURAL PRACTICES: INSIGHTS FROM ENUGU STATE FARMERS AND STAKEHOLDERS

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    Social media integration into agriculture has become a game-changing strategy for boosting market access, encouraging cooperation, and improving agricultural practices. The adoption and effects of social media among farmers and stakeholders in Enugu State are examined in this study. The study intends to investigate the ways in which social media platforms are used to connect farmers with markets and policy influencers, promote best practices, and spread agricultural knowledge. A total of 500 farmers, agricultural extension agents, and other stakeholders were surveyed in Udi, Nsukka and Awgu. Results show that social media aided productivity increase, decision-making improvement, and reduction in farming costs. The study recommends that the Federal Ministry of Agriculture should enhance social media literacy and accessibility for farmers by utilizing television commercials and radio jingles. The ministry can also organize workshops or digital literacy programmes at local government level for farmers to help them access online resources and learn how to effectively utilize social media to engage with farming practices

    EFFECT OF WATER SECURITY STATUS ON RURAL HOUSEHOLDS’ LIVELIHOOD SECURITY IN KWARA STATE, NIGERIA

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    This study assessed the effect of water security status on rural households’ livelihood security in Kwara State, Nigeria. A total of 384 household heads were randomly selected from 24 villages in the study area. Binomial Logistic Regression, Water Security Index, and Household Livelihood Security Index were the tools used for the data analysis. The result revealed that 54.8% of the rural households were water secure, while 45.2% of them were water insecure. The result further showed that 59.3% of the rural households had low livelihood status, while the remaining 40.68% had high livelihood status. Binomial logistic regression revealed that were water security index, farming as primary occupation, amount of credit accessed and extension visits. The study concluded that water security had a positive effect on the livelihood security of rural households. It is therefore recommended that Kwara State government should increase efforts by providing appropriate funding to relevant agencies toward provision of potable water sources across the rural areas. Government through relevant agencies should sensitize rural households on the need to form cooperative societies in their community so that they can save, and also have access to credit for the expansion of business and thereby improve their livelihood

    MIGRATION, MSMEs AND ECONOMIC DEVELOPMENT IN NIGERIA

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    This study investigates the impact of migration on sustainable economic development in Nigeria, with a particular focus on the effects on the growth and sustenance of Micro, Small and Medium Enterprises (MSMEs). The motivation for this research stems from the need to address the brain drain and labor loss, arising from migration, as well as its implications for Nigeria’s economy. In recent years, the mass migration of Nigerian youths has raised concerns about its effects on the emergence and sustainability of MSME businesses, which are essential drivers of economic growth in the country. This study utilizes a combination of qualitative and quantitative research methods, to analyze data from within the last 10 years, on migration trends and MSME establishment and growth in Nigeria. The data is sourced from secondary sources such as; the National Bureau of Statistics, Macrotrends and Moniepoint. Descriptive and inferential statistical analyses were employed, in order to identify the impact of migration patterns on MSMEs establishment and sustenance in Nigeria. The study found a moderate positive correlation between net migration and the number of active MSME businesses in Nigeria, as the correlation level of 0.372 is not statistically significant, at a 0.05 level of significance. This study contributes to the existing literature on economic development, technological change and growth, particularly in relation to human resources, human development, income distribution, and migration

    ECONOMIC GROWTH AND SUSTAINABILITY IN AFRICAN OIL-EXPORTING COUNTRIES: A DYNAMIC PANEL ANALYSIS OF RESOURCES, ENERGY, AND INVESTMENT

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    This study investigates the dynamic interplay between natural resources, carbon emissions (CO₂), oil exports, foreign direct investment (FDI), renewable energy, and economic growth (GDP) in four major African oil-exporting countries Nigeria, Angola, Gabon, and the Democratic Republic of the Congo over the period 2001–2021. Utilizing a dynamic panel regression model based on the Generalized Method of Moments (GMM), the analysis accounts for growth persistence through lagged GDP and addresses endogeneity and dynamic panel bias. Diagnostic checks, including the Arellano-Bond and Sargan/Hansen tests, validate the model's robustness. This study distinguishes itself by focusing on African oil-exporting economies and integrating both conventional and modern growth drivers, such as renewable energy and FDI quality. It adopts a hybrid econometric approach (GMM and FEM) to yield stronger insights and policy relevance, particularly in the post-COVID context. Notably, the study evaluates the sustainability of oil exports and the broader economic implications of resource dependence. Key findings reveal that lagged GDP, natural resources, and renewable energy significantly enhance economic growth, emphasizing the need for continued performance, effective resource use, and investment in clean energy. Conversely, oil exports negatively affect GDP, highlighting economic vulnerability to global oil price shocks. CO₂ emissions were not statistically significant. The study recommends economic diversification, renewable energy investment, and sustainable resource management to promote long-term, inclusive growth

    CURRENCY DEVALUATION, STOCK MARKET RETURNS AND ECONOMIC GROWTH IN SUB SAHARAN AFRICA COUNTRIES

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    Achieving sustainable growth in the world economies is one of the United Nations Sustainable Development Goals and also one of the macroeconomic goals targeting Sub-Saharan Africa. As the region aimed to attain growth and development, policy toward currency devaluation and stock market returns became crucial. Hence, this study examined the relationship between currency devaluation, stock market returns and economic growth in Sub-Saharan African (SSA) countries from 2003 to 2023 within the framework of the Mundell-Fleming model. Using panel error components general least squares (PEGLS) and the Dumitrescu-Hurlin panel Granger causality test econometric techniques, findings indicated that currency devaluation and stock market returns are positive and statistically significant to promote the economies of SSA countries. Findings further showed that there is unidirectional causality between balance of payment and currency devaluation, running from balance of payment and not vice versa. The research recommends policies that gear towards improved stock market performances. Also, there is a need for strategic policy that promotes currency devaluation in the SSA region

    ADDRESSING CLIMATE CHANGE FOR SUSTAINABLE FOOD PRODUCTION IN NIGERIA

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    This study investigated the impacts of climate change on food production systems in Nigeria and examines sustainable adaptation strategies to ensure food security. Through a systematic review and extensive literature analysis of peer-reviewed publications, government reports, and policy documents, the study identified key climate related challenges affecting Nigerian agriculture. Findings reveal that rising temperatures, irregular rainfall patterns, and increased frequency of extreme weather events have significantly reduced crop yields across major agricultural zones, with smallholder farmers experiencing disproportionate impacts due to limited adaptive capacity. The study identified several promising adaptation strategies, including climate-smart agriculture techniques, improved irrigation systems, drought-resistant crop varieties, and indigenous knowledge integration. Policy recommendations include strengthening agricultural extension services, developing weather-based insurance schemes, establishing early warning systems, improving access to climate finance, and integrating climate considerations into national agricultural policies

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