IBBU Journals (Ibrahim Badamasi Babangida University)
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ECONOMIC IMPACT OF DROUGHTS ON SECTORAL OUTCOMES IN AFRICAN COUNTRIES
No full textAbstract:Drought as an event exhausts the availability of water use as an input of production inagricultural activities, and reduce labor productivity through hunger and starvation;which has a potential economic spillover beyond agricultural sector to other economicsectors of the economy, based on interconnectedness of sectors and regions.Droughtinducedwater deciency affects production operations in other sectors of an economyapart from agricultural sector; since water availability is characterized by pervasivespillovers effects i.e. the use by one group or region affects the water availability andsecurity of others. This study investigates the economic impact of droughts on sectorialoutput in African countries. The study use Generalized Method of Moment\u27s panelestimator and reported both one-step and two-step results. Dynamic GMM was use forestimation and system GMM was use for robustness. The dataset for the study wasbetween the periods of 1979-2014 for 44 African countries. The results show thatdrought reduces both agricultural and manufacturing output in African countries. Hence,African governments must look into the inter-linkage between this this sectors in designingpolicies to mitigate the impact of this disasters
STOCK MARKET DEVELOPMENT AND ECONOMIC GROWTH IN NIGERIA: AN EMPIRICAL ANALYSIS
No full textbetween stock market development and economic growth, using annual time series datafor Nigeria over the period 1986 to 2017, vis-à-vis econometric techniques such as unitroot test, cointegration test and Granger causality test. The results show that there is along-run relationship among variables used in this study. These ndings also lead toacceptance of the hypothesis that stock market- Led economic growth. Furthermore, theresults obtained from Granger causality test show that causality runs from stock market toeconomic growth. Moreover, the result reveals evidence of uni-directional relationship.The following policy measures are suggested among others that Nigeria should removeimpediments to stock market development such as tax, legal and regulatory barriers. Inaddition there should be sustained effort to stimulate productivity in both the public andprivate sectors. This will leads to improve investment and stimulate growth
CONSEQUENCES OF INSECURITY ON CULTURAL HERITAGE OF TRADITIONAL INSTITUTIONS IN CHAD BASIN REGION
No full textThis paper focuses on the insecurity and its encounters with the cultural heritage oftraditional institutions in the Chad Basin Region. It assesses the destructions carried out byinsurgents on palaces in Borno, and Yobe States, Nigeria. This paper use qualitativemethod of primary and secondary method in gathering its data for the study. Insecurityon Cultural Heritage ruined the entire Chad Basin from 2009 to date. In Nigeria, itstarted in Maiduguri but soon spread out to Chad Basin Region; Cameroon, Chad, andNiger were also affected by the insurgents. Borno and the Yobe States located in Nigeriaare good examples where the destruction of Cultural Heritage as collateral damage inthe cause of the insecurity was prominent. Throughout this period, a great deal ofCultural Heritage, such as the concrete building of Palaces, Mosques, Cultural Objects,the Cultural landscape, were destroyed. Palaces in Bama, Gwoza, Askira and Dikwa inBorno State, Gujba and Gaidam in Yobe State took over by Non-governmental armedgroups whereby the insurgents destroyed beautiful painting, arrangement of rooms,artefacts, and cultural objects. Chiefs and Emirs, the custodians of Cultural Heritage,were chased away from their Palaces and occupied by a non-governmental armedgroup. The question of social activities with colourful attires and horses duringceremonies, Sallah or entertaining dignitaries were no more. Social order between thepeople of this area has changed since the emergence of insecurity. These insecuritiesshowed the international community that Chad Basin Region is not a secure and safe placesuitable for tourism. The paper recommends that the traditional institutions, governmentand general public take measures to arrest the feature occurrences of such menace
EFFECTS OF SUPPLY CHAIN MANAGEMENT ON THE PERFORMANCE OF SOME SELECTED SMES\u27s IN LAGOS STATE
No full textThe purpose of this study was to investigate the impact of supply chain managementpractices on the performance of SMEs in Nigeria. The researcher primarily used primarydata from 112 SME owners/managers in Lagos State. A structured questionnaire wasused to collect primary data. The collected data was analyzed using regression analysis.The study\u27s hypotheses were tested using the model estimate\u27s probability value. Theregression analysis results show that quality of information and Strategic SupplierPartnership have a positive effect on the performance of SMEs in Nigeria, and the effectis statistically significant (p<0.05). It was suggested, among other things, that themanagerial consideration of the SMEs firm should be based on the specific quality ofinformation using technology because once a solution has been successfully developedand adopted; it is likely to achieve strong network effects. As a result, first-moveradvantages are provided, which will be rewarded with high payoffs from developing thesupply chain network. As a result, take advantage of the opportunity to eliminate theflexibility that a firm may benefit from when dealing with uncertainty
IMPACT OF BANK CREDIT ON THE MANUFACTURING SECTOR IN NIGERIA
No full textThis study assess the effect of credit on the manufacturing sector and its impact on output growth in Nigeria from 1995-2020. The study relies mainly on secondary data. This study adopts both descriptive and inferential statistical methods in the data analysis. The OLS estimation test results show that all the explanatory variables are correctly signed according to the a priori expectation. Maximum lending rate, exchange rate and inflation are negatively signed, as expected, although insignificant. For bank credit, results establish a negative relationship between maximum lending rate and bank credit, implying that a decline in lending rate will lead to an increase in bank credit, as economic agents take advantage of the lower cost of funds.. For the Johansen test, findings show the existence of a unique and stable long-run relationship between growth of the manufacturing sector and interest rate, exchange rate, unemployment, inflation, real GDP and credit to the private sector. The results also established a long-run relationship between bank credit and manufacturing sector performance, interest rate, exchange rate, unemployment rate, inflation rate and real gross domestic product. However, the null hypothesis of no Granger causality was accepted for MLR, LNBDC, LNGDP and LNCREDIT. For the Granger causality tests collectively, the combination of all the variables were found to Granger-cause manufacturing sector growth at the 10 per cent level of significance. The Granger causality test on revealed bidirectional causality between real GDP and bank credit. This implies that the level of domestic output in Nigeria determines the level of bank credit and vice versa. The null hypothesis of no causality was accepted for MO, MLR, LNBDC, UNEM and INF as they collectively did not Granger-cause bank credit. The findings of this study have implications that are important for policy makers, investors and researchers on how to improve the performance of the manufacturing sector
ENTPRENEURSHIP DEVELOPMENT AND PLANNING FOR RETIREMENT: A PANACEA FOR NIGERIAN EMPLOYEES
No full textEvery employee in Nigeria must witness a retirement end in his/her career life and majority of employees retires from active service without adequate planning for a better future, considering delay in getting their retirement benefits in Nigeria is worrisome. Hence, the need to embrace the culture of entrepreneurial practices becomes very pertinent for employees in Nigeria as a saving grace after retirement, because acquiring entrepreneurial skills will serves as a better alternative to get a sustainable job instead of waiting for monthly pension which has become very difficult for government to pay regularly owing to economic challenges confronting the country. This paper adopts a documentary approach on entrepreneurship, its development programmes in Nigeria, retirements, factors to be considered in retirement planning, challenges of retirement, attributes of retirement planning, employees plan for retirement, entrepreneurship development strategies with a view of ensuring improved standard of living and thus reducing poverty and hardship faced by retirees. The psychological theory of entrepreneurship on work for achievement motivation was used to make clarification on people who make things happen and get desire result. The findings revealed that entrepreneurial development strategies have direct influence in reducing hardship been face by retirees in order to ensure sustainable development after retirement. The paper concludes and recommends among others that government should create a conducive business environment that would encourage active participation of employees before retirement by organizing capacity building and training programmes to learn the rudiments of entrepreneurial skills, venture into agro-business activities which is one ofthe key agenda of Buhari administration and other small scale businesses in order to earn sustainable development
THE ROLE OF TRADE UNIONS AND COLLECTIVE BARGAINING IN NIGERIA (A CASE STUDY OF NIGERIAN LABOUR CONGRESS KANO)”
No full textIn Nigeria, the federal government, as the largest single employer of labour, plays a dual role in the industrial relations practice in the country. This study adopts qualitative method of data collection using tools such as interviews to find out the roles of trade union on collective bargaining in Kano state. The result showed that, there are contending labour problems and issues from teachers and the government in Kano State, the current tendency to demonstrate union power through general strikes has not produced any serious bargaining results, lack of implementation of agreed bargain etc. The study recommends that That collective bargaining and trade unionism in Kano State should be strengthened in all sectors of the economy, there should be a Tripartite committee of government, National Industrial Court and the NLC to constantly recommend the review of the existing national minimum wage, labour laws and the practice of industrial relations, the NLC should ensure that, institutions in the public sector which mandate impact on the terms and conditions of employment to include representatives of trade union
CULTURE AND EMOTIONAL DEVELOPMENT IN CHILDREN: AN OVERVIEW OF FULANI CHILDREN\u27S EMOTIONAL DEVELOPMENT IN THE FAR NORTH REGION OF CAMEROON
No full textThis paper discusses the interplay of culture as an important of factor of emotional development of Fulani children as well as its regulation. Children develop emotionally, express and regulate emotion with cultural contexts. Cultural models of self and other relations are transmitted through the processes of socialization which in some literature are called parenting beliefs or practices. These beliefs and parenting practices vary across cultures and as such they are likely to affect emotional understanding, expression and regulation in different ways. Within the African context in general and Cameroon in particular, the socialization of children is a collective enterprise and varies across ethnic groups. Cameroon is a multi-ethnic country where almost two hundred and fifty ethnic groups live together. This paper discusses cross-cultural studies on the function of parental support, control, and sensitivity for emotional development and regulation of children in the Far north region of Cameroon. Cultural differences shed light on the importance of taking the cultural context into account when studying emotion in general and specifically its expression and regulation in young children. Cultural views on the developing child and subsequent relations with others are the basis for children\u27s self and emotional development that could either facilitate or hamper emotional expression and regulation which in turn may affect children\u27s socio-emotional adjustment in the respective culture
EFFECT OF AUDIT QUALITY ON VALUE RELEVANCE OF ACCOUNTING INFORMATION OF LISTED NON-FINANCIAL SERVICE FIRMS IN NIGERIA
No full textThe importance for high quality audit and accounting information to investor at the stock markethas long been established by the signaling theory. Accordingly, high quality audit tends to improvethe quality of accounting information signaled to the stakeholders outside the firms. Hence, auditquality is expected to have significant influence on the value relevance of accounting information.This study followed the correlational research designed to examine the effect of audit quality onvalue relevance of accounting information for the period of five (5) years (2015-2019). Thepopulation of the study is made up of 74 listed non-financially service firms in the Nigerian stockexchange. All the 74 firms were used as sample of the study based on census sampling. Auditquality represented as BIG-4 and Non-BIG-4, was measure using dummy variable 1 and 0,respectively. While accounting information were represented with Book value per share (BVP)and Earing per share (EPS). Ordinary least square regression was used to analyse the data. Theresult shows that audit quality has a significant influence on the value relevance of the accountinginformation. The study recommends that non- financial service firms should appoint highlyqualified and experienced auditor as doing so has the ability improve shareholders’ confidence inthe quality of the financial statements issued by the company
An Archaeological Investigation of Iyafe Sinta Abandoned Settlement Site in Gurara Local Government Area, Niger State, Nigeria
No full textThe presence of archaeological features in Iyafe Sinta as well as the historical accountof the people prompted this archaeological survey that revealed a sedentary lifestyle ofthe Iyafe Sinta people. Iyafe Sinta had a diversified economy and a stratified societywhich have risen, peaked and then fall to the superior firepower of the white slaveraiders in the early 19th century. Through Oral History, this paper traces the history ofthe Iyafe Sinta people, their migration as well as their cultural adaptation to the everchangingenvironment. Methods such as archaeological surveys and Oral Traditionhelped in documenting the cultural history of these unique people that once occupiedthis Sinta site in Central Nigeria. This paper recommends further research that wouldplace the Iyafe Sinta site in chronological order through age determination