IBBU Journals (Ibrahim Badamasi Babangida University)
Not a member yet
1475 research outputs found
Sort by
THE POTENCY OF PALMYRA PALM IN TYPE 2 DIABETES: A REVIEW
No full textPlants play a vital role in improving human wellbeing since the ancient civilization. Different parts of the plants like roots, stem, leaves, flowers, seeds are used as medicine to treat myriad array of diseases. The palmyra plant, scientifically known as Borassus flabellifer, is a plant of major therapeutic importance. Various parts of palmyra tree including roots, stem, flower, fruit, sprout, spadix, seed embryo are potent anti-inflammatory, antioxidant, antibacterial, anti-Diabetic activities due to the presence of diverse bioactive chemicals such as flavonoids and phenolic acids. The potential of the palmyra plant in pharmacology and traditional medicine is demonstrated by its rich biochemical composition, which renders it a great resource for a range of medicinal applications including managing type 2 diabetes. This review highlights palmyra palm as a useful but underutilized crop with potential health application in type 2 diabetes
Fuel Subsidy and Education Sector Financing in Nigeria: A Short-run Adjustment to Equilibrium Approach
No full textThis study examined the impact of fuel subsidy on education sector financing in Nigeria from 1990 through 2023. Annual data were obtained from the Nigeria Petroleum Corporation and World Development Indicators, (WDI) on variables such as fuel subsidy, government expenditure on education sector, Oil Revenue, pump price of Premium Motor Spirit and secondary school enrolment in Nigeria. A bound cointegration test and ECM were employed. Granger test for causality was also used to ascertain the direction of causation in the series. The estimated error correction term, ECT (-1) is significant. There is no causal relationship from fuel subsidy to education sector financing. However, education sector financing granger causes fuel subsidy. Premium Motor Spirit and education sector financing were found to granger-cause each other. The study recommends that government should ensure that fuel subsidy is not allowed to deprive education of its fair share of government spending, given that current spending on the sector has been established to have implication for the sectors growth in the future years
An Evaluation of Public Sector Corruption and Organized Crimes as Impediments to Nigeria’s Economic Growth
No full textThis research work on the evaluation of public sector corruption and organized crime as an impediment to Nigeria’s economic growth attempts to examine the link between crime and growth based on the theory of rational choice and empirical data.the major objective of this research is to evaluate the extent to which public sector corruption and organized crime impacted on economic growth in Nigeria. The Dynamic Endogenous Growth model is adopted to analyse the data collected as the study sought to cast further light on the macroeconomic implications of organized crime and its interaction with corruption. The study concludes that to eradicate organized crime and corruption in Nigeria, effort should be geared towards a fool-proof, digitized intelligence gathering on identifying the roots causes and a way to nip them in the bud. All leakages in the public sector also need to be blocked to curtail loopholes for corruption to thrive It is recommended that prosecution be forcefully pursued through the enactment of an accountability legislation for public office holders and the enhancement of police and court system skills through sufficient funding.Furthermore, the government ought to take action to promote a more productive economy, which would lower unemployment and serve as a deterrent to crime
Revisiting the Money Supply and Real Output Nexus in Nigeria: Test of Neutrality Proposition?
No full textThis study investigates the money supply-real output nexus while examining the neutrality hypothesis for Nigeria utilizing data from 1980 to 2022. The study used the autoregressive distributed lag (ARDL) technique and the discrete threshold regression model. The finding supports the money neutrality hypothesis in the long run but non-neutrality in the short run. In order words, money supply does not have a significant influence on real output growth in the long-term but does in the short-term. Inflation was found to have a reducing consequence on real output growth in the long and short term, while real effective exchange rates have a reducing effect on real output in the long run but advance in the short run. Structural breaks before the year 2000 have a significant influence on GDP growth in both the long and short run. Sequel to these outcomes, the study suggests an optimum fiscal policy mix with modest monetary policy should be adopted in Nigeria with more attention on the fiscal responsibility of the government to influence changes in real variables. More so, the CBN should urgently begin to announce specific inflation targets for the country since it has a reducing impact on GDP growth in the long run while ensuring the attainment of a more realistic exchange rate for the naira by increasing domestic production for export in the long run
Renewable Energy Consumption and Economic Growth in Nigeria Nexus
No full textWith rising rates of globalization, increasing climate change and economic growth, energy usage and energy security, governments are paying more attention to the impact of renewable energy consumption on the economies. The paper examines the relationship between renewable energy consumption and economic growth in Nigeria using a time series data from 1996 to 2021. The results of the unit root show mixed stationarity from our variables which result in the usage of ARDL technique of analysis. The long run results show that renewable energy was negative and significant thus, validates the conservative hypothesis. C02 was also negatively significant to RGDP while labor force was positively significant. The ECM shows 77% adjustment level backs to equilibrium. Granger causality test validated the feedback hypothesis of no causality among the renewable energy and the Nigeria economy
Women in Cassava Processing and Marketing in North Central Nigeria: Are they any Happier?
No full textCassava is one of the most important staple food items available in Nigeria. Nigeria is the largest producer of cassava and it’s considered the most important tropical root crop providing food and income to over 30 million farmers, processors and traders. The objective of this study is to ascertain the happiness status of women combining occupation of processing and marketing cassava with family responsibility in north-central Nigeria. This objective is motivated by novelty of such researches in the research area. The findings revealed that women in processing and marketing of cassava in north central Nigeria are happy. The study concludes that happiness question in the study area is influence by the people’s culture where one will hardly said he/she is unhappy. The study therefore, recommends that community leaders and local government authorities encourage women in cassava processing and marketing to always form cooperative societies. This will not only make them a formidable common front but will improve their contributions/supports to families from their cooperatives pool resources
An Analysis of Income Potentials of Blocks Making Industry in Zamfara State, Nigeria
No full textThe study is an analysis of the income potentials of blocks making industry in Zamfara state. The research employs the used primary sources of data, whereby the data was obtained from the responses of 100 blocks making industry entrepreneurs in the study area, who were selected with the aid of simple random sampling method. Descriptive and inferential statistics were employed for data analysis thus, multiple regression analysis using OLS model. The findings revealed that, blocks industry has potentials to generate income in the study area in other words, blocks making industry in Zamfara state has is an important tool for in terms of income generation, the study recommends among others that, in addition to the existing policy by government in supporting SMEs to get access to finance, more windows should be open by the Central bank of Nigeria, Bank of Industry and Commercial Banks to enable SMEs have more access to finance
Corona Virus Saga: How Happy were the People of Niger State from the slant of income?
No full textThe dramatic and widespread impacts of the COVID-19 pandemic made government responses serious and the major line of actions globally is the ‘lockdown policy actions’ premeditated to cushion the effect of spread. Apart from the known negative effects of pandemics on lives and properties, the global policy responses of lockdown is accompanied with mental challenges that includes boredom, loneliness, depression, suicide, etc. that affects people’s happiness negatively. The objective of this work is to ascertain effect of corona virus on the happiness of the people of Niger State using income as an approach. This was motivated largely by the novelty of such study in the study area and the method employed at processing the data is factor analysis model. The findings revealed that most of the constructs show magnitudes of moderate and low correlations meaning that the level of people’s impacting responses of Covid-19 to happiness is not high. The result therefore, suggests that although, people’s responses to Covid-19 lowered their happiness in Niger State but the impact is moderate
Agricultural Risk Financing Strategies and Food Safety Control: Evidence from Selected Smallholder Farmers in Ekiti State, Nigeria
No full textIncreasing agricultural risk financing methods can help farmers make more money and guarantee good property protection. They are also effective tools for maintaining food safety and management. The relationship between food safety and control metrics and agricultural risk financing strategies among smallholder farmers in Ekiti State was investigated in this study. The study used a cross-sectional survey design with double sampling, which included convenience and judgmental sampling. A structured questionnaire was used in the study to collect information from 121 participants in the sample population. In the data analysis, descriptive statistics and a basic regression technique was used. This study therefore confirmed a positive nexus between agricultural risk financing strategies and food safety and control in Ekiti State, Nigeria. In an effort to support farmers\u27 output capacities, the agricultural insurance providers should improve and broaden their value-chain procedures. To provide more farmers access, the government should broaden the subsidy network. It is true that insurance companies should create their agriculture insurance plans in the most straightforward and palatable way possible in order to win over farmers\u27 trust and business. In order to generate cash for agricultural cooperators to supply food and manage potential risk factors that can arise, agricultural cooperative societies should be reinforced
SHELL PETROLEUM DEVELOPMENT COMPANY (SPDC) AND CORPORATE SOCIAL RESPONSIBILITY (CSR) IN SOUTHERN IJAW LOCAL GOVERNMENT AREA (SILGSA) OF BAYELSA STATE-NIGERIA FROM 2010-2018
No full textShell Petroleum Development Company (SPDC) has operated in Southern Ijaw Local Government Area for decades. Thus, the main objective of the study was to ascertain the extent to which SPDC was guided by the values of CSR in oil exploration in SILGA from 2010-2018. The study adopted secondary sources of data collection and content analysis. The deprivation theory was adopted as the theoretical framework of the study. Given this, the study concluded that SILGA of Bayelsa State has long suffered from environmental degradation, neglect and underdevelopment for lack of corporate values by SPDC from 2010-218. This study recommended that government in conjunction with SPDC should establish standards and requirements for CSR, especially ISO 26000 (ISO SR) in oil exploration in SILGA that will bring about sustainable development, check youth militacy in the area among others