IBBU Journals (Ibrahim Badamasi Babangida University)
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IMPACT OF RENEWABLE ELECTRICITY GENERATION ON ECONOMIC OUTPUT IN NIGERIA
No full textElectrical power is an important component for the development of any economy and is responsible for prosperity. This study investigated the impact of hydroelectricity power generation on economic output in Nigeria, presented over the period of 1980-2020, using the ARDL method. Unlike other existing studies that checked the effect of renewable electricity consumption on economic development or environmental sustainability for different countries, this study further presented the casual relationship between economic output and hydroelectricity generation in Nigeria. It employed the Bounds testing approach for cointegration relationship and the Granger causality test due to TYDL technique. The findings of the study revealed that there is no causality between hydroelectricity power generation and aggregate output in Nigeria. Based on the findings of the study, it was recommended among others that policies aimed at boosting the generation and distribution of hydroelectricity power supply in Nigeria should be maintained and improved. This in turn would have a positive impact on the economy, as electricity generation from renewable sources is one of the objectives of sustainable development
GOVERNANCE AND COVID-19 PANDEMIC IN NIGERIA: AN APPRAISAL
No full textThe world is facing an unprecedented crisis from Corona Virus diseases (COVID-19).Since it emergence, the virus has spread to every nooks and crannies of the globe throughhuman-human contact and globalization forces. The study relies on the content analysis ofsecondary data drawn from news, situation reports, and ofcial publications of WorldHealth Organization, journals, seminar papers etc to examine the effect of governanceon COVID-19 pandemic. The paper reveals that the pandemic has caused devastatingimplication to the social, political and economic space of humans and states despiteseveral policies put in place to curb the virus. Consequently, the paper recommend forstern policies on social protection as a response to combating the virus, mitigate povertyand inequality, improving access to health care, and cope with socioeconomic shocks.Finally, Nigeria government should redene vulnerability, collect vulnerable data anddesign sustainable social protection policies to forestall against future pandemic crisi
THE NEXUS OF DEFINED BENEFIT PENSION SCHEME AND CONTRIBUTORY BENEFIT PENSION SCHEME: NIGERIAN PERSPECTIVES.
No full textThis study examined Defined Benefit Scheme and Defined Contributory Pension Schemein Nigeria. The history of Nigerian Pensions scheme over the years has experimenteddifferent pension administrations with the main objective of reducing suffering ofretirees. The Defined Benefit Scheme have seems to have failed. The Pension Reforms Actof 2004 brought into limelight the new pension scheme in Nigeria which is a definedcontributory scheme unlike the old scheme which was largely defined benefits. The studyused secondary data sourced from PENCON periodic publications, journals andtextbooks. It was discovered that the new scheme is better than the old scheme in that it isexpected to help remedy the deficiencies and inadequacies prevalent in the DefinedScheme. The study concluded that the values of the 2004 pension reform scheme, by allstandards, are superior to those of past pension schemes. The study recommended thatthe PENCON should give zero tolerance to any act of financial misappropriation, it alsorecommended that only proper coordination, supervision and regulation of the pensionindustry in Nigeria will make to happen
ASSESSMENT OF MORALE BOOSTING STRATEGIES OF EMPLOYEES IN NIGERIAN MANUFACTURING INDUSTRY
No full textThe paper examines strategies that boost morale of employees in the Manufacturingindustry in Nigeria. Because Nigeria is still a developing economy, the necessity for afirmly rooted zeal for utmost productivity and general development, cannot beoverestimated. The employee morale boosting directly influences the human factor inrelation to the production process. The study used both primary and secondary techniqueof data collection. The finding from the study indicates that employee training anddevelopment, organizational reward system and leader\u27s capacity to spark excellentperformance has significant impact on organizational success and employee morale. Thestudy recommends that the management of manufacturing industries should always keeptheir employees and organizational leaders abreast with new trends of training anddevelopment to avoid them not to become rustic. Also, the adequate reward system needbe introduced to boost the morale of the employees to put in their best in theorganization. This will improve the morale of employees for better performance andorganizational higher productivity
An Appraisal of Economic Status of the Multi-Ethnic Groups in Kano City for National Integration
No full textCrises tensed in the northern part of the Federal Republic of Nigeria between 2008 and 2015.From 2016 to 2018 the government asserted different approaches to stricken out the menace.Nigerians, especially those from outside the crises theatre and the international communities arenursing different interpretations against the Northerners of Nigeria. They raised tensions,psychic trauma, insecurity and loss of hope about the sustenance of Nigerian unity. Only a fewindividuals care to delve into the past relations of the northerners and other Nigerians to providea manipulative strategy against the crises. However, this study examines the economic relationsof the Kanawa (the people of Kano) and a few linguistic groups of Nigeria, as a panacea toadjust the feelings of people who are losing interest in the unity of Nigeria as a nation-state. Thestudy adopted historical methodology, by making use of primary and secondary sources ofinformation. The work covers the pre-colonial, colonial and post-colonial periods of relationsamong the ethnic groups in Kano. The paper concludes that the adjustment of the mental attitudeof individuals toward change and sustenance of the country is germane to the historicalassessment of issues and events
The 1914 Amalgamation of British Administrative Units in Nigeria and the Rhetorics for Secession
No full textThe British amalgamation of its administrative units to what later became known as Nigeria in 1914 have over the years been subjected to implausible arguments, that the amalgamation was not conceived with the consent of Nigerians. Secondly, that such contraction had lapsed since 2014 and, therefore, Nigeria should ceased to exist. All these arguments have over years led torthorics for secession and disintegration of the country, particularly among politicians. They failed to understand and acknowledge that the British, like the rest European colonising powers, conceived such idea at the famous Berlin Conference of 1884/5 long before they embarked on the physical conquest of the African continent. Secondly and more importantly, the presentNigerian areas were, hitherto to the advent of British and other European powers, equally coerced under arbitrary rulers and warlords in Empires, Kingdoms and small nation states. This paper adopts historical approach to re-examine the amalgamation arguments, linking perocolonial, colonial and postcolonial elites’ power play in Nigeria
Nexus between E-Banking and the Upsurge of Crime in Kaduna State, Nigeria
No full textThis study examines the nexus between e-banking and the upsurge of crime with a focus on Kaduna metropolis Nigeria. A systematic sampling technique was used through Taro Yamane formula to calculate the sample size.The study used semi-structured questionnaires, interview guides, and tape recording to sample 400 residents. The data were analysed using percentage method, frequency and logit regression. The findings revealed that E-banking has significant effect on crime upsurge in Kaduna state. The study concludes that Crime level reduced in terms of frequency and prevalence but the pattern of crime changed, New type of crimes such as Kidnap for ransom and Automated teller machine (ATM) theft increased. The study therefore recommends that urgent measures by the CBN through the banks should be taken so that information and telecommunication can be used in order to curtail the new pattern of crime caused by E-banking in Nigeria
Corruption and Insecurity on Nigerian Economy: A Qualitative Study
No full textThis study looked at corruption and insecurity on the Nigerian Economy. The study made use of the qualitative method and this involved the use of interviews of senior staff members from EFCC, the ICPC, the Nigerian Bereau of statistics and the transparency international. The findings displayed that corruption and insecurity have actually affected the growth of the Nigerian Economy as information obtained from the interviewees were shown in a narrative manner for easy comprehension. This study recommends that the security arrangements of the nation should be overhauled and the local vigilantes should be incorporated into the security architecture of the country, total action should be taken by the people and Government of Nigeria by making anti-corruption laws to help tackle this evil menace in the country
Foreign Aid and Poverty Reduction in West African Nations: Insights and the Need for Policy Re-Orientation
No full textPoverty, a deteriorating healthcare system and insufficient educational standards are among the major macroeconomic problems facing African countries. Foreign aid from Western countries to African countries has been hailed as one of the solutions to these problems. Thus, this study investigated the impact of foreign aid on poverty using a panel data set of 14 West African nations. Foreign aid was disaggregated according to the reason for which it was given while poverty was measured with three variables namely; poverty headcount, infant mortality, and literacy rate. Annual data was sourced from the WDI (2022), WGI (2022) and OECD (2022), scoped 2008-2020. Using a two-step system GMM, the study found that total aid insignificantly reduces poverty headcount in the presence of reduced corrupt practices. Furthermore, foreign aid allocated to health and education was found to lower infant mortality and improve literacy rates, respectively; however, these effects were only significant in the condition of reduced corrupt practices. The study thus concludes that foreign aid works better when corrupt practices are reduced, and it recommends that policymakers in west-African countries should consider corruption control policies so that aid allocation is properly managed to improve its impact on poverty headcount, infant mortality, and literacy rate
Determinants of Financial Depth: A Case Study of Mortgage and Microfinance Banks in Nigeria
No full textFinancial depth is an important components of financial development for which determinants have been examined by a number of extant studies, using different kinds of financial depth indicators. This study aims at analyzing the factors that determine financial depth using the assets of mortgage and microfinance banks as indicators of financial depth. The study employs data that span from 1992 to 2021, using Auto-regressive Distributed Lag (ARDL) model. It is found in the study that the policy of conversion of community banks to microfinance banks and the introduction of mortgage warehouse fund have positive effects on microfinance and mortgage banks’ assets. Also, it is found that literacy rate has negative effect only on the microfinance bank assets. Thus, this study recommends further deepening of the various segments of financial system, policy makers should strengthen the existing policies and create the new similar policies and reforms with respect to each indicator of financial depth