| 1 |
Author(s):
S.A. Sasa, E.F. Adebayo, D.C. Maurice.
Page No : 1-22
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Factors Influencing Amount of Loan Access by Women Entrepreneurs in Some Micro Finance Banks in Gombe State, Nigeria
Abstract
The paper examines the factors influencing the amount of loan access by women entrepreneurs in some Micro Finance Bànks in Gombe state Nigeria. Many studies conducted on microfinance institutions have been on its effects on poverty alleviation in both developed and developing nations, but very few have been on the determinants of their performance and outreach especially in North Eastern Nigeria. The study establishes that the performance of the women agricultural entrepreneurs is unprecedented going by the profitability in their businesses. The study concluded that the women are relatively educated and organized as most of them belong to a cooperative society and are within their most productive ages. The study also concluded that the income of the women agricultural entrepreneurs in the study area is relatively increasing as they access their loan from the banks.
| 2 |
Author(s):
Chikwendu Nneka Francisca.
Page No : 23-40
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Effects of Online System of Taxation on Economic Growth in Nigeria (2005–2020)
Abstract
This study carried out an empirical analysis of the effect of the online system of taxation on economic growth in Nigeria covering the period of 2005–2020. Data for the research was extracted from the Central Bank of Nigeria (CBN) Statistical Bulletin (2020). The multiple regression with the application of Ordinary Least Square (OLS) technique was employed in obtaining the numerical estimates of the coefficient in different equations (Pre-Online and Post-Online Tax Regimes). The One-Sample Test was employed to estimate the difference between pre-online and post-online taxation systems on economic growth in Nigeria. The major findings of the study revealed that pre-online tax revenue has a negative and non-significant effect on economic growth in Nigeria, post-online tax revenue has a positive and significant effect on economic growth in Nigeria, and there is significant difference between pre- and post-online tax revenue in Nigeria. It is the recommendation of the study that there should be stringent penalties imposed on any individual or corporate body who indulges in any form of tax malpractices, irrespective of states. If the positive impact of tax revenue on economic growth should be maintained, then the online tax system should be constantly reviewed so as to address emerging problems and to evolve with the changing economic landscape and increased complexity of today’s business environment.
| 3 |
Author(s):
Oladimeji Olanrewaju Adedipupo, Oseni Bolanle Azeez, Awoleye Gabriel Oladayo, Fasasi Sarafa Kayode.
Page No : 41-53
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Econometrics Analysis on Significant of Transportation Sector to the Nation Gross Domestic Product (GDP)
Abstract
This research work centered on econometrics analysis on significance of transportation sector to the Nation Gross Domestic Product (GDP) in Nigeria economic. The aim of this research work is to test for significance of transportation sector to the Nation Gross Domestic Product. The literature review explains extensively on the important of using econometrics to carry out this research and why is desirable to fit the model. The methodology employs the use of multiple regression analysis, test of parameter and coefficient of determination. The road, sea, rail and air transportation are useful in predicting the value of Gross Domestic Product. The value of R-square show that combination of RT, ST, RailT and AT explain variation in GDP which is significantly implies that the four variables are important in GDP and the Sea transportation contribute majorly to the nation Gross Domestic Product. Testing the significant of the parameter, it is observed that there is presence of multicollinearity, heteroscedascity and autocorrelation and necessary correction are made on them.
| 4 |
Author(s):
Okeke C. Charles, Ohazulume C. Gilbert, Assoc. Prof. Emerenini F..
Page No : 54-72
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The Determinants of Inflation in Nigeria
Abstract
This paper examined the determinants of inflation in Nigeria using annual time series data covering the period of 1981 to 2017. This period has been carefully selected as it captures the different era of policy implementation in Nigeria such as the pre – SAP era, SAP era, and the post – SAP era; and is long enough to make an objective assessment of the determinants’ of inflation in Nigeria. The study applied Auto – Regressive Distributed Lag (ARDL) methodology based on the outcome of ADF unit root test which revealed that the variables are integrated of I (1) and I (0). The ARDL bounds test result provided evidence of a stronghold long run relationship among the variables. This necessitated the estimation of ARDL short run and long run results. The short run results of both models revealed that YGAP, M2, TGE, TIMP and UEMPR were significant determinants of inflation in Nigeria whereas the long run results indicated that TGE, TIMP and UEMPR were significant determinant of inflation in Nigeria. The impact of YGAP, M2, TGE and TIMP were positive in both long and short runs whereas YGAP, TIMP, TGE and UEMPR impacted negatively on inflation in both periods. The outcome of all the diagnostic tests supported the acceptability of the models’ results. The study concludes that both demand – pull and cost – push factors are responsible for inflation in Nigeria and also provide social infrastructure that would encourage private investment.
Key words: Inflation, Auto – Regressive Distributed Lag (ARDL), Unit root test.
| 5 |
Author(s):
Bolaji Jubril, Oluwaseun Sojinu Samson.
Page No : 73-82
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Why the Sustainable Development Goals Matter in Africa?
Abstract
Abstract
Purpose- The singular purpose of this study is directed at answering a fundamental question and it’s immediate focus would be on Africa. The question is premised on the Sustainable Development Goal “WHY IT MATTERS” Micro-scoping the importance as it concerns Africa and Africans.
Design/ approach/methodology- A qualitative research method was adopted during the study.
Findings- The findings and conclusion is that Sustainable development matters and a necessity to help close certain gaps in human living index for Africa and African. Many Africans especially in the rural environment are not aware of the sustainable development goals. Second, Africa needs more education, information, workshops and seminars regionally to enlighten the people on the importance the SDG goals. Third, even the urban dwellers are less concerned on how to drive and achieve the SDG among the participants interviewed. Finally, unanimously the respondents agree that poverty, food insecurity, gender and infrastructure development are the major challenge facing the continent and with this the Sustainable Development Goals are must for Africans, therefore it matters.
Research limitations/ implications- The limitation of this study is that it was carried out in just three countries in sub-Saharan Africa. Therefore, the generalized study results about Africa are only limited to a few African nations. It was challenging gathering data as most participants were adamant about providing information based on trust deficit prevalent in the continent. Some participants altogether felt uncomfortable participating in the research.
Key Words: - Sustainability Development, Africa, poverty, food insecurity infrastructure, gender
| 6 |
Author(s):
Terungwa P. J. Jato, PhD .
Page No : 83-103
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Does their Geography Matter? Assessing the Impact of Geographical Factors on Development of Rural Communities in Benue State, Nigeria
Abstract
The study assessed the impact of geographical factors on the development of rural communities in Benue state. Primary data (on living standard, employment, social inclusion, climate, location, resources, and environmental stability) were generated through mixed questionnaires administered to the respondents in a household survey. A random selection of nine (9) LGAs in the State was done, with three (3) LGAs selected from each of Benue North, Benue Central and Benue South. A sample of 820 was selected out of the population of 2,065,400. The logistic regression analysis was employed to examine the impact of geographical factors on economic development of rural households in Benue state with analysis done using the SPSS. Geographical factors, such as climate, location, resources and environmental stability, were found to have negative impacts on the standard of living, employment and social inclusion of households in rural communities of Benue state, thereby significantly impacting the economic development of such households in the state. It was recommended among others that, the ministries concerned with rural development should concentrate on linking the rural communities to the urban areas for the flow of goods, services and information.
| 7 |
Author(s):
Patricia I. Ajayi, Chukwuedo S. Oburota.
Page No : 104-118
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Assessing Inclusive Growth in Nigeria: An Application of the Social Opportunity Function
Abstract
Inclusive growth, pro-poor growth and broad-based growth are all terms used to explain growth processes that enable the entire population including the poor to actively participate and benefit from the economic growth process. In recent times, Nigeria’s GDP has been low, this is occasioned by slow growth, recession and the covid-19 pandemic. GDP growth rate had averaged 0.82% in the last decade and reached an all-time low of -14.66% in the first quarter of 2022. This study investigates inclusive growth in Nigeria using the social opportunity function. The social opportunity methodology is used to determine whether inclusive growth has been achieved overtime using education, health and employment sectors of the economy. The objective of this study is to assess inclusive growth performance in Nigeria as it relates to equitable distribution of opportunities. Data obtained from the General Household Survey (GHS) 2012/2013, 2015/2016 and 2018/19 of the National Bureau of Statistics were used for the analysis. The study revealed that inclusive growth was not achieved in Nigeria in the provision of employment, education and health care for the population. For inclusive growth to be achieved, timely interventions in education, health and unemployment are recommended.
| 8 |
Author(s):
Nanribet Fotshak, Abdulmuttalib Mohammed Bello.
Page No : 118-129
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Oil Price Fluctuations and its Impact on Current Account in Nigeria
Abstract
This study investigates the relationship between oil price fluctuations and Nigeria’s current account balances from 1987 to 2021. Current account is a pivotal macroeconomic variable that is used to measure the economic performance of a country. This current account is itself a record of all of a country’s national and international transactions and oil price is one of the major factors that determines the value and volume of transactional movements in a country. This is largely the case with Nigeria, which is a country that is heavily reliant on oil. This study adopted a time series analysis by investigating time series data and the Autoregressive Distributed Lag (ARDL) was used to estimate the correlation between oil price variations and current account in the short and long runs. The findings showed that oil price had a positive but insignificant effect on current account in the short run while it had a negative but significant impact on the current account in the long run. In terms of the other determinants of current account which were examined in this study, it was discovered that population growth rate and trade had an insignificant correlation with current account balances in the short run while GDP and oil prices had significant impacts on current account balances in the long run. These findings inform the conclusion of this study that current account is a viable metric for measuring Nigeria’s economic performance as well as policy making. To gain greater economic stability, this study recommended that there is a need to strategically position Nigeria’s economy towards other forms of revenue rather than oil so as to reduce the impact of oil price fluctuations on the country’s current account balances and the economy at large.
| 9 |
Author(s):
Ahmed Gharira, Dr. Kalim Siddiqui.
Page No : 130-149
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Agriculture and Sustainable Development: A Case Study of Libya
Abstract
The current study investigates issues related to sustainable agriculture in Libya in the light of various theories of sustainable agriculture. The rationale for this study is the need to investigate the importance of a sustainable agriculture sector as the country diversifies its sources of revenue. The aim of the government is to reinvigorate the country's once-thriving agricultural sector in the interests of food security by minimising its need for food importation. Semi-structured interviews were conducted with farm workers and managers to elicit their views on the current state of agriculture in Libya, the challenges they faced due to arid climatic conditions and their opinions as to what needed to be prioritised in government agrarian policies. The key findings which emerged from thematic analysis are then presented and discussed. The study concludes with recommendations which the participants considered important for combatting the challenges to sustainable agriculture in desert regions.
