KASU JOURNAL OF ECONOMICS AND DEVELOPMENT STUDIES
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CHALLENGES OF ONLINE DATA COLLECTION IN NIGERIA
Full text linkThe advancement of technology, which gave birth to online data collection, has created serious negative consequences in Nigeria’s academia. This study examines the causal factors that hinder scholars from utilizing online data collection in their research in Nigeria. The study found that poor communication networks, high costs of GSM data, frequent power outages, a lack of reading culture and habits among Nigerians, insufficient digital knowledge, and poverty are the major factors discouraging researchers from using online data collection in Nigeria. The study recommends that research institutions should mobilize and create more awareness of usefulness of digital knowledge. Also, the government in collaboration with GSM companies, should provide and expand qualitative network infrastructure as well as to revisit economic policies to reduce inflation and poverty rates in the country
ANALYZING THE CAUSAL EFFECT OF EXPOSURE TO NON-FUNCTIONAL WATER POINTS ON CHILD HEALTH OUTCOMES
Full text linkThis study investigates the causal pathways through which exposure to non-functional water points affect child health outcomes in Nigeria. Using a nationally representative sample, integrating household-level health data (DHS) with georeferenced water point functionality information (WPDx), the study applies Average Causal Mediation Effects (ACME) and Controlled Direct Effects (CDE) estimation techniques to disentangle the indirect effects of water access from direct health outcomes. Findings reveal that maternal education significantly mediates the relationship between non-functioning water source and child outcomes such as diarrhoea, stunting, and under-five mortality. Specifically, mothers with secondary education or higher are more likely to mitigate health risks associated with water scarcity through improved caregiving practices. These results suggest that interventions aimed at improving child health must address both infrastructure deficits and socio-behavioral capabilities, especially among women in low-income settings
FINANCING SUSTAINABLE ENERGY TRANSITION: EVIDENCE FROM THE SHAPE RENEWABLE ENERGY PROJECT, NIGERIA
Full text linkFinancing remains a critical barrier to scaling sustainable energy projects across Sub-Saharan Africa. While decentralised renewable energy systems have demonstrated technical feasibility, their sustainability and replicability depend heavily on financing models that balance affordability, cost recovery, and investment returns. This study investigates the financing dynamics of the Shape community renewable energy project in Abuja, Nigeria. Using a qualitative case study approach, data were collected from 24 stakeholder interviews, project reports, and field observations. Findings reveal a financing structure dependent on government grants, with limited community contribution and weak cooperative financial management. Although initial capital costs were covered externally, long-term financial sustainability was undermined by tariff resistance, inadequate revenue collection, and the absence of risk-sharing mechanisms. The case highlights the tension between affordability for low-income households and cost recovery for developers. The article contributes to energy finance scholarship by illustrating how weak institutions, fragmented regulation, and socio-political dynamics characterise financing outcomes in developing-country contexts. Policy recommendations include developing blended finance instruments, designing progressive tariff systems, strengthening community cooperatives, and creating targeted subsidy frameworks
EFFECT OF VOLUNTARY DICLOSURES, BOARD ATTRIBUTES ON FINANCIAL PERFORMANCE OF NON-FINANCIAL FIRMS IN NIGERIA
Full text linkThe declining trend of firms’ financial Performance prevents them from being able to satisfy their financial obligations. This study examined the effect of voluntary disclosures, board attributes on financial performance of non-financial firms in Nigeria. Positivism was used as the research paradigm while ex-post facto research design was employed for the purpose of this study. The population of this study consists of all the 74 non-financial services firms listed on the Nigeria Exchange, while 41 was the sample size after filtering. The data for this study was obtained from secondary sources through the published annual financial statements of the non-financial firms listed on the Nigeria Exchange Group. This study was conducted for a period of eleven (11) years spanning from 2013 to 2023. The regression results revealed that quality assurance disclosure, local community disclosure, and female board membership were found to have significant effect on performance of listed non-financial firms in Nigeria. What left to be done is for the regulatory bodies to persuade the inclusion of additional females in the board of directors of non-financial services firms in Nigeria, and the management of the affected firms should make a choice of quality assurance disclosure as their component of corporate social responsibility, as well as consider allocating reasonable funds to improve investment on local community services, environmental projects/programs, and human capital development. The Nigeria’s standard-setter should enforce the implementation of corporate social responsibility as a mandatory disclosure requirement for corporate entities in Nigeria as it is now done in South-Africa
TESTING THE MARKET MICROSTRUCTURE MODEL IN THE NIGERIAN CAPITAL MARKET
Full text linkThis study empirically tests the market microstructure model in the Nigerian Exchange Limited Using daily traded stock of thirty (30) listed companies for May 27th and 28th, 2024. The objective of the study was to find out whether informed and uninformed traders in the stock market can have idea about/predict next day’s securities prices using the Glosten and Milgrom (1985) model. findings revealed that Glosten and Milgrom model was able to predict exactly three (3) companies’ shares (AFRIPRUD, CONOIL and VERITASKAP), representing approximately 10% of the sample of the study. On the other hand, the model was able to predict the next day share prices of 25 companies with minimal differences ranging around one percent to three percent respectively; and this accounted for about 83.3% of the sample size. The study recommends among others that, in order to continuously guarantee investors’ confidence in the market about the efficacy of market microstructure model and its ability to predict next day stock prices, regulators and indeed relevant policy makers should be more proactive in checkmating all forms of market malfeasance such as price manipulations, insider trading among others
ECONOMIC AND SOCIAL IMPACT OF BANDITRY AND KIDNAPPING ON TRANSPORT AND LOGISTICS INDUSTRY IN KADUNA STATE, NIGERIA
Full text linkThis study examined the impact of banditry and kidnapping on transport and logistics industry in Kaduna State, Nigeria. The study aimed to examine the prevalence and trends of banditry and kidnapping, the impact of banditry and kidnapping on transport and logistics industry and identify the coping mechanisms used by transport and logistics industry and the role of government and security agencies to mitigate the effects of banditry and kidnapping in Kaduna State, Nigeria. The study adopted a qualitative data technique encompassing in-depth interviews. The study population comprised of passengers and drivers drawn from various motor-parks across the three senatorial districts of Kaduna State. The sample size of the study was made up of 120 interviewees, obtained using purposive sampling technique. The study discovered that banditry and kidnapping are prevalent and have significant impacts on transport and logistics industry in Kaduna State, resulting in payment of ransoms, loss of lives, vehicles, and cargo. The study also found that the attacks have resulted in a decline in the quality of services provided by transport and logistics sector, as well as a decrease in customer satisfaction. In conclusion, banditry and kidnapping significantly affect the industry and the coping mechanisms used by the industry are inadequate and ineffective in mitigating the effects of the attacks. The study recommended that the government and security agencies should implement more effective measures to address the challenges posed by banditry and kidnapping, including the deployment of more security personnel, the establishment of more security checkpoints, and the provision of more financial support to affected businesses
EXAMINATION OF THE IMPACT OF PUBLIC DEBT ON REAL SECTOR OUTPUT IN NIGERIA
Full text linkThis study examined the impact of public debt on the real sector output in Nigeria using the Auto Regressive Distributed Lag (ARDL) technique on annual time series data obtained from the Central Bank of Nigeria Statistical Bulletin from 1981 to 2023. Evidence from the results of the estimated ARDL short and long run results revealed that external debt affected both the manufacturing and agricultural outputs in Nigeria negatively while domestic debt had direct and significant impact on the real sector output in Nigeria. Also, external debt servicing had negative and insignificant impact on the real sector output in Nigeria. Finally, the error correction term ect(-) of 2.4 and 15.6 per cent showed a low adjustment process to long run equilibrium whenever disequilibrium occurs in the short run. The study therefore recommended that government should implement policy on external debt reduction to circumvent the accumulation of such debt overtime while strengthening policy on domestic debt, since domestic debt boost real sector output significantly in Nigeria
DOES AN ASYMMENTRIC NEXUS EXISTS BETWEEN EXPORT AND ECONOMIC GROWTH IN NIGERIA? EVIDENCE FROM NONLINEAR ARDL
Full text linkThis study investigates the asymmetric relationship between exports and economic growth in Nigeria using the Nonlinear Autoregressive Distributed Lag (NARDL) model and annual time series data from 1990 to 2024. The data were sourced from Central Bank of Nigeria (CBN). The analysis was motivated by persistent macroeconomic instability in Nigeria, despite decades of export-led growth policies. The study decomposes export changes into positive and negative shocks to assess their differential effects on GDP. Results reveal a significant asymmetric relationship in both the long and short run. Notably, positive export shocks negatively impact GDP, while negative shocks unexpectedly stimulate growth. These findings challenge the traditional Export-Led Growth (ELG) hypothesis and underscore Nigeria’s structural vulnerabilities, particularly its heavy reliance on crude oil exports and limited economic diversification. Additional macroeconomic variables import, exchange rate, inflation, money supply, and consumer prices also exhibit significant effects on GDP, varying by time horizon. The study recommends promoting non-oil exports, supporting domestic production, and ensuring transparent management of export revenues. These actions are essential for building a more resilient and inclusive economy capable of withstanding external shocks and fostering sustainable growth
COLLECTIVE BARGAINING AGREEMENTS: EXAMINING THEIR BINDING EFFECT AND ENFORCEABILITY
Full text linkPeaceful dialogue, a cornerstone of conflict resolution in society, is a vital mechanism employed in the industrial sector, where it is referred to as collective bargaining. This process culminates in the establishment of collective agreements, which are intended to promote harmony and stability in the workplace. However, despite the significance of collective bargaining, the industrial sector is often plagued by factors that undermine peace and growth, including government attitudes and the non-implementation of collective agreements. These challenges have far-reaching implications for the growth and development of a country, underscoring the need for effective enforcement mechanisms. This paper examines the binding nature and enforceability of collective agreements, a pressing issue that has generated considerable controversy in the industrial sector, particularly with regards to the rights of employees. The study employs a doctrinal legal research methodology, drawing on primary and secondary sources, including textbooks, case laws, statutes, journals, and online articles. The research concludes that collective agreements are binding on employers, regardless of whether they are incorporated into individual contracts of employment or whether individual employees are signatories to the agreement The paper recommends that the Supreme Court reconsider its position in BPE v Dangote Cement Plc, which is seen as contradictory to the spirit of the Third Alteration amendment to the Constitution of the Federal Republic of Nigeria 1999, s254C(1). Furthermore, the paper emphasizes the need for the government to prioritize workers' welfare, recognizing that this is a crucial factor in promoting peace, growth, and development in the country
DETERMINANTS OF CASHLESS POLICY AND DEPOSIT MONEY BANKS FINANCIAL PERFORMANCE IN NIGERIA
Full text linkThis study investigates the effects of cashless policy on the bottom lines of Nigerian deposit money institutions. Major objective of this study, is to investigate the impact of cashless policy on performance of deposit money banks. This panel study used data from the annual reports of Nigeria's five (5) main commercial banks. Data was collected from 2013 to 2022. The statistical analysis was conducted using E-Views 10. Regression analysis which was used to investigate how various payment mechanisms (ATM, NEFT, POS, and cheque) affected a firm's success. The study revealed that ATM transactions, NIP transactions, mobile banking transactions, and cheque transactions all had a significant impact on Nigeria's deposit money banks. It is suggested that Banks technical staff should undergo continuous training, in order to learn and develop competence in recent contemporary development in banking. Bank management should be encouraged to emphasize efforts to improve ATM services in order to increase return on investment (ROI), since this would result in satisfied and loyal customers