Unemployment and Economic Growth: An Empirical Reflection of the Nigerian Experience

EGBERI KELVIN AGBARHA &OBOREH LUCKY EDAFETANO

Department of Business Administration and Management,

Delta State Polytechnic, Ozoro, Delta State, Nigeria

Email: kelvinegberi76@gmail.com, oborehlucky2014@gmail.com

ABSTRACT

The main objective of the study is to empirically investigate the relationship between unemployment and economic growth in Nigeria using data covering the period between 1985 and 2015. The Ordinary Least Squares and granger causality were used to analyze the results. The results indicate that unemployment has a negative and insignificant impact on the level of economic growth in Nigeria. The result shows further that Gross Fixed Capital Formation has a positive and insignificant impact on economic growth. Government expenditure on health has a significant and positive impact on economic growth in Nigeria. The result shows that government expenditure on education has an insignificant and negative impact in economic growth in Nigeria. The result recommends amongst others that government job creation efforts should focus more on the real sector of the economy.

Keywords: Unemployment, Economic Growth, Granger causality, Gross Fixed Capital Formation  


The Effectiveness of Loan Recovery Strategies in Cooperative Societies, Study Of Selected Thrift Cooperative Societies in Lagos State

BAMISILE JULIUS, OJO

Department of Business Administration

Oduduwa University, Ipetumodu, Ile-ife, Osun State

Email: julibamisile@yahoo.com

ABSTRACT

This study examines the effectiveness of loan recovery strategies and the impact thereof on cooperative members. Two hundred co-operators were sampled with one nighty three found useful. the sample covers five co-operatives coordinating area of Lagos state. Pearson correlation co-efficient was used to analyze the hypothesis. Results show that strict collateral, loan interest charge and favoritism affects loan repayment both possibly and negatively. However, it was observed that educating members will to large extent impact positively on the performance of co-operative members.

Keywords: Co-operative Society, Strategy, Loan, Effectiveness.


Consumers’ Perception of the Credibility of Online Retail Shops’ Product Advertisement and Implication for Product Patronage: A Study of Jumia and Konga

                                  OKOYE, GODWIN

Department of Mass Communication

Caritas University, Amorji-Nike, Enugu, Enugu State

E-mail: Emmachiwoke@yahoo.com

ABSTRACTS

This study examines consumers’ perception of the credibility of online retail shops’ product advertisement and implication for product patronage with particular focus on Jumia and Konga. In carrying out this study, survey research method was used. The population of study was South-East Nigeria. A sample size of three hundred and seventy-six (376) was drawn from the population of the study. After the analysis, the results revealed that consumers in South-East Nigeria see Jumia and Konga online product adverts as not being credible. The findings also revealed that increasing Internet fraud in the country, past experience and deceitful nature of the adverts were the major factors inhibiting the credibility of Jumia and Konga online product adverts. It was however discovered that though Jumia and Konga online adverts influence consumers into buying their products, the extent of patronage is still low. Base on these findings, the researcher recommended that there should be increased enlightenment and education of the online product consumers through workshops, seminars, radio, television and newspapers by Jumia and Konga on how best to secure their personal data while shopping online. Also, the cybercrime law should be effectively enforced to deter people from engaging in online scam. Jumia and Konga on their part, should build sustained corporate credibility by ensuring that all advertised products online meet the expectations of the consumers as claimed by such ad.

Keywords: Online Retail Shops, Consumers’ Perception, Online Ads, Credibility


EMPIRICAL ANALYSIS OF THE IMPACT OF CORPORATE GOVERNANCE MECHANISMS ON THE MARKETING SYSTEM OF NIGERIAN BANKING SECTOR

ALO EBENEZER ADEBISI & OLUWASANMI, OLUWASEUN O.

Department of Business Administration,

College of Management Sciences,

Joseph Ayo Babalola University, Ikeji Arakeji, Osun State, Nigeria.

E-mail: ebenezer_alo@yahoo.com

ABSTRACT

Inadequate corporate governance practices are a major challenge facing the Nigerian banking industry. Corporate governance involves a system by which governing institutions and all other organizations relate to their communities and stakeholders to improve their quality of life. However, the impact of corporate governance on marketing system of Nigerian banking industry has not been given adequate attention in literature. This study therefore examined empirically, the impact of corporate governance mechanisms on the marketing system of Nigerian banking sector. The study population consisted of all staff of United Bank for Africa Plc (UBA) in Ilorin metropolis. The simple random sampling method was employed to select five branches of UBA Plc in Ilorin, Kwara State. A total of one hundred and fifty copies of questionnaire were designed and administered on the staff of the selected branches of UBA Ilorin. The statistical tools employed in the study are frequency distribution, mean, standard deviation and Pearson correlation coefficient. An analysis of the data revealed that there was a negative significant correlation between corporate governance practices in Nigerian banking sector and marketing system (r = -0.078; N=150; p (0.010) < 0.05). The study concluded that corporate governance had a negative significant impact on marketing system of Nigerian banking sector (Cal.X2=38.650>Crit.X2=9.49; df=1, p (.000) <.01). The study recommended that modern marketing system should be properly adopted to meet the need of Nigerian  

Governance environment and that Nigerian banking sector should incorporate accountability and transparency in their schemes.

Keywords: Governance, Corporate Governance, Corporate Governance Mechanisms, Marketing           Mix Elements


Geo -Historical Backgrounds and Religious Traditions of Oke-Ogun People

Joshua Akintunde Owolabi                                                                                                      1-29

Democracy and Party Politics in Langtang North

Local Government Area of Plateau State 1978-2008

Samaila Simon Shehu                                                                                                              30-54

Formalities and Administration of Copyright in Nigeria: Enforcement of Copyright

Olabode Bashir Olakunle                                                                                                        55-66

Migrating from Stage to Screen: Challenges and Prospects

Ola–Koyi, S. Joseph Bankola                                                                                                    67-87


MIGRATING FROM STAGE TO SCREEN: CHALLENGES AND PROSPECTS

Ola–Koyi, S. Joseph Bankola

Department of Performing Arts

Olabisi Onabanjo University Ago Iwoye

Email: sundayolakoyi@yahoo.com

Abstract

It is on record that theatre arts had survived over the ages due to its capacity to reinvent by embracing, new tool and languages, new style and form.  It is a fact that when a discipline reinvent its techniques of impartation and training in line with modern demands, the standard of performances is enhanced and the quality of the practitioner is tremendously improved.

Over the years, Nigerian theatrical performances had gone through many stages (i.e. ritual, court/church, traditional travelling theatre, professional travelling theatre, academic drama, radio drama, television drama, celluloid film, and video film), reinventing itself in order to keep up with the requirement of each era.  

In reviewing the essence/spirit of the 50 years of Theatre in the African academy through the University of Ibadan experience, which our eminent and erudite Professor Olarinle Bamide is an integral part of, one could not but to wonder why a film school has not developed out of the old Ibadan school of drama. Or question why the central mode of training the theatre artistes in academia stocked to the stage despite the various innovations that had taken place over the years.  

Using a post modernist theory within an historical perspective and a participatory observation approach, the paper explored the challenges and prospects of migrating from stage to video screen in academic training cum practices and offers plausible solutions to some of the identified problems.


FORMALITIES AND ADMINISTRATION OF COPYRIGHT IN NIGERIA: ENFORCEMENT OF COPYRIGHT

Olabode Bashir Olakunle

Faculty of Law

University of Ibadan, Nigeria


DEMOCRACY AND PARTY POLITICS IN LANGTANG NORTH

LOCAL GOVERNMENT AREA OF PLATEAU STATE 1978-2008

Samaila Simon Shehu

Department of History,

University of Maiduguri, Maiduguri

Email: shehusamaila34@yahoo.com

Abstract

The conduct of free, fair and credible election is one of the features of democracy in the world. Unfortunately, this is not the case in Langtang North. It is against this backdrop that this study examines the causes and impacts of the manipulation of the electoral process in Langtang North local government area of Plateau State. It focuses on the local government chairmanship elections which has recorded the highest number of cases of electoral manipulation over the years. The research was carried out through a field work that involved interviews and telephone conversation with the electorate, politicians and other relevant stakeholders from Langtang North. Other scholarly works were used in a corroborative manner to throw more light on the focus of the study. The Marxist theory of democracy was utilized to unearth the principal role played by the political elite in perpetuating electoral manipulation before, during and after the local government chairmanship elections in Langtang North. From the data collected and analysed, we identified poverty, clannish sentiment, lack of voters’ education among others as the factors responsible for the manipulation of the electoral process in Lantang North. And thus, we highlighted the impacts of electoral manipulation on democracy and party politics in Langtang North to include mistrust of the electoral commission, imposition of undesired leadership, disunity among others. Conclusively, recommendations were made towards ensuring the conduct of free, fair and credible elections so as to consolidate democracy in Langtang North and by extension Nigeria.


GEO -HISTORICAL BACKGROUNDS AND RELIGIOUS TRADITIONS OF OKE-OGUN PEOPLE

Joshua Akintunde Owolabi

Department of Religious Studies,

Ekiti State University, Ekiti State.

Email: shalomowolabi@yahoo.com

Abstract

As big as Nigeria territory is, with the claim of about 140million population and 36 states including Federal Capital territory (FCT) Abuja, there is a set of people who are not well recognized including their environment. Even in the whole world, there is no any country where this group of people cannot be found. Their sons and daughters are spread all over the world with their distinctive difference.  They are influential, composed, accommodating, sensible, and very vast in deeds and well to do. Many people in general and some historians in particular regarded this set of people as Oyo people. But they are not. Though, their origin are traced back to Oyo empire but they are important people on their own with their adapted cultures, customs, norms, language, human relations, dialects, climate, weather, humidity and land. They are special region in Oyo State, South Western part of Nigeria. Who are these people? What are the factors that make them differ from other Yoruba race? Where are they? How do they look like? Therefore, it is on these templates that this paper set out to `ice the cake `on this particular group of people, (Oke-Ogun) in so many respects


Effects of Sociological Factors on Job Performances of Female Academics in

Tertiary Institutions in Nasarawa State

 Agube A. Solomon and Ismaila G. Adigizi                                                                 1-16

Adult and Lifelong Learning for Sustainable Economic Development in the

21st Century

Victor Osaghae                                                                                                            17-26

A Public Aquarium to Revitalize Tinapa and Help Protect Aquatic Lives

 in Nigeria

Wouangnin Tchouamo Patrice Bertin                                                                                     27-36

Urban Development through Creation of Leisure and Entertainment Parks

 in Nigeria

Briggs, Dateme Cromwell                                                                                           37-56

The Ideal Convention Center: An Interaction of Space and User Behaviour

Inatimi, Victor I.                                                                                                           57-63


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