DIRECTORS’ COMPENSATION AND PERFORMANCE OF SELECTED QUOTED FIRMS

Adegbola Olubukola Otekunrin, Tony Ikechukwu Nwanji, Samuel Abiodun Ajayi, Frank Dayo, Awonusi, Adebanjo Joseph Falaye, Damilola Felix Eluyela,

Department of Accounting and Finance

Landmark University, Omu-Aran, Kwara State, Nigeria

Email: otekunrin.adegbola@lmu.edu.ng, nwanji.tony@lmu.edu.ng, ajayi.abiodun@lmu.edu.ng, awonusi.frank@lmu.edu.ng, falaye.adebanjo@lmu.edu.ng, eluyela.damilola@lmu.edu.ng

Abstract

This study focused on examining the relationship between directors’ compensation and firm performance using selected general insurance companies as a case study. The main objective was to investigate the relationship that exists between directors’ compensation and firm performance. Eight general insurance companies which were listed in Nigeria Stock Exchange (NSE) were studied. The study covered a five (5) years period of 2009-2013. The time frame used considered the recapitalization in the insurance industry that occurred in 2007. The research made use of secondary data which were collected from the published annual reports of the eight (8) general insurance companies under study. The data was analyzed using the regression analysis. The results from the analysis led to the major findings of the study. Return on Assets (ROA) and net claims paid (NC) were used to establish a relationship between with directors’ compensation. The results show that there is a significant relationship between annual directors’ compensation and firm performance of the general insurance companies under study. The relationship with return on assets showed a significant but negative relationship, while that of net claims paid was significantly positive. The study suggests that efforts to improve the payments of claims should focus on compensation directors satisfactorily. However, proper care


E-DATING AND MARITAL LIFE IN NIGERIA: THE NEXUS

Agunbiade, Musa Bolaji and Ajobiewe, Jamiu Olatunji

Department of General studies,

Ogun state Institute of Technology, Igbesa

E-mail: ayobolaji2013@yahoo.co.uk, tunjiajobiewe@yahoo.com

Abstract

The use of social networking and on-line dating are new methods of meeting future partners. It is now a loud song that the internet, cell phones, and social media have become key actors in the life of many couples, the influences of the western life’s and its technological developmental dependency has affected our most home especially in Nigeria. Thus, the values attached to marriage and family life are now in decline which always led to separation or divorce as well as reducing the family bond. The study empirically  examine the threat of the new technology system of entering into relationship and its effect on the family institution and its increasing social vices and  marital breakdown coupled with well-being  of married couples in the society.

Keywords: E-dating, Technology, Marital Violence, Internet, Network 


PROLIFERATION OF SMALL ARMS/LIGHT WEAPONS AND CONFLICTS IN NIGERIA: IMPLICATION FOR NATIONAL SECURITY

Timbee Akuul & Benjamin Shaibume

Department of Political Science,

Benue State University, Makurdis

Email: timbeeakuul@yahoo.co.uk, benshacks2013@gmail.com

Abstract

Proliferation of small arms and light weapons has been on the increases since the end of the Nigerian civil war. The trend has continued despite the illegality of trade. Today proliferation of arms has taken a serious dimension since the beginning of the current political dispensation 1999 to date. However, the consequences of this, is that, Nigeria has faced serious security challenges ranging from Boko Haram insurgency, militancy in the Niger-Delta and the perceived attack from herdsmen in certain parts of the country especially in the Benue Valley. Using secondary source of data collection it has been observed that these conflict leads to loss of lives and properties worth millions of naira destroyed, caused destruction to the food architecture of Nigerian state among others. Porosity of borders, corruption, inadequate manpower and logistic support, poorly patterned borders, institution framework and political instability and economic crisis in neighbouring countries encourage proliferation of SALWs in Nigeria. This ugly trend call for establishment of forest guards, constant monitoring, surveillance of our borders by the security agencies, government should be proactive in dealing with security issues through modern methods of intelligence gathering, sharing, training, logistics, motivation and deploying advance technology to manage security challenges among others to enhance National Security.


Table of Contents

An Appraisal of Office Spaces and their Effect on Workforce Efficiency

in Selected Public Buildings

I.I. Ella, O. Onazi, E. O. Ola-Adisa and M. Pandur          1-12                                  

Characterization of Tiger Nut Oil Extracted using Mechanical and

Chemical Methods

Awulu, J.O.  Omale, P.A. and Omadachi, J.O.       13-25                                            

Phytochemical Screening and Scavenging Effectiveness of the Leaf of terminaliacatappalinn

Umar Dan Azumi,  Tijjani M.A. Mohammed G.T.Braimah H.Y.    26-38                    

Effects of Sett Size on the Field Establishment, Growth Fresh Tuber

Yield and Yield Related Attributes of White Yam (Dioseora rotundata)

Ogboi E. and Odeh, H.O                     39-46                                                               

Design Considerations for Work Space Efficiency: The Effects of Colour

I.  I. Ella, O. Onazi, E. O. Ola-Adisa and T. B. Anthony 47-62                                   

User Satisfaction in Low/Middle Income Housing, Jos, Nigeria

(A Case Study of Old Legislative Quarters, Jos)

C. Gofwen, S. N. Gaiya, E. O. Ola-Adisa, and Z. Ishaku                                    63-80

Challenges Associated With Slum Sand the Need for Better Housing Conditions in Port Harcourt Waterfront

Ofor, Joshua Daniel, & Ferdinand F.O. Daminabo                                      81-106

Determine the Radionuclides in Water, Rocks and Soil of some Areas

of Maiduguri Metropolis.

E. W. Likta       107-118                                                                                                 

The Impact of Climate Change on Architecture

Obi Hendrix & Ferdinand F.O. Daminabo 119-130                                                      

Isolation and Characterization of Active Fraction of Pergulariatomentosa against Dermatophyte

Arzika, A.T., Adili, A.T., Abubakar, L., Bagna, E.A. and Mohammed, S.                        131-147


Isolation and characterization of active fraction of pergularia tomentosa against dermatophyte

1Arzika, A.T., 1Adili, A.T., 1Abubakar, L., 1Bagna, E.A. and 1Mohammed, S.

1Department of Chemistry

Shehu Shagari College of Education, Sokoto State, Nigeria

E-mail: arzikatambuwal1982@gmail.com,

Abstract

Pergularia tomentosa is reported to have antifungal (Hassan et el., 2007), anti-bacterial, (Dangoggoet el., 2002) and anti-dermatophyte activity (Gill, 1992). This work was aimed at isolating the most active fraction against some dermatophyte isolate, phytochemical screening of crude, n-hexane, chloroform and ethanol extracts indicate the presence of alkaloid, flavonoid, tannin, glycoside, saponin, and phenols in all fractions but volatile oils are absent. The main work was to isolate the active fraction, So, fractionation of was done by suspending 100g of the dried plant sample in 500ml n-hexane, chloroform and then ethanol. The minimum percentage inhibition of the three fractions (n-hexane, chloroform and ethanol) were assayed by Agar well dilution method, which shows that, chloroform fraction ha highest percentage inhibition of 58.15, and 55.42% against malassezia and Trichoptyton than n-hexane 7.40 and 15.11% and ethanol extract 20.32 and 25.13%respectively. The chloroform extract was then fractioned using column chromatography, dichloromethane, ethyl acetate and ethanol were used as eluent, and five fractions was obtained. All the column chromatographic fractions were also tested for its antidermatophytic activity using the same method above, dichloromethane fraction shows highest percentage inhibition against the dermatophyte (malassezia and Trichoptyton) with the percentage inhibition 82.22 and 92.32% respectively than other five fractions of ethyl acetate: (12.22 and 34.36), (20.56 and 30.13) and ethanol fractions (17.78% and 27.03%), and (10.00%and 19.22%) respectively. The dichloromethane fraction were then subjected to: physical examination(color, physical state, TLC analysis and melting point examination), and spectroscopic techniques (IR, GC- MS) were utilized.

Keywords: Isolate, Chloroform,n-hexane, Malassezia, Trichoptyton


THE IMPACT OF CLIMATE CHANGE ON ARCHITECTURE

Obi Hendrix1 & Ferdinand F.O. Daminabo2

Department of Architecture,

Rivers State University Nkpolu Oroworukwo, Port -HarcourtE-mail: obihendrix@yahoo.com, ferdydaminabo@yahoo.com

Abstract

Climatic change an extreme global malaise and intractable phenomenon has great impact on buildings and the built environment thus must attract the significance attention from the design and construction experts. Building designs rely on climatic data and other geographic indices, however the unprecedented effects of global warming have dwarfed in significance most historic climatic data which can no longer accurately represent future conditions over the life of a building. In this paper, the investigations of the effect of climate change to the design and safety of high-rise building will be in sharp focus. Climatic factors such as temperature, rainfall, humidity, among others will be examined with regards to their effects on high-rise buildings. It is also concluded that the climatic data used in the designs of building should urgently be reviewed as it may be leading designers to adopt solutions which will be inappropriate for future uses and infrastructural developments within the built environment.

Keywords:         Climate Change, Greenhouse Gas Emission. High-rise Buildings, Temperature, Rainfall, Humidity, Architecture.


DETERMINE THE RADIONUCLIDES IN WATER, ROCKS AND SOIL OF SOME AREAS OF MAIDUGURI METROPOLIS.

E. W. Likta

Department of Physics

University of Maiduguri, Maiduguri, Borno State. Nigeria.

E-Mail Address:emmalikta2014@gmail.com

Abstract:

The goal of this article is to determine the radionuclide that has been existing which the people are continuously expose to certain amount of radiation which is called background radiation occurring in our environment, the background radiation come from sources such as rocks, soil, water and stone which is mainly due to the small amount of radioactive isotopes which are present in the sources. The instruments used is Atomic Absorption Spectrometry (AAS), the method employed in the detection of radiation, the sources and sample collections. The result of water is in mg/l, for soil and rock are in percentage (%). It was revealed that Cu and Cr were not detected in Gneiss but were found in Granite and Basalt.


CHALLENGES ASSOCIATED WITH SLUM SAND THE NEED FOR BETTER HOUSING CONDITIONS IN PORT HARCOURT WATERFRONT

Ofor, Joshua Daniel1, & Ferdinand F.O.Daminabo2

1 Rivers State University; Nkpolu Oroworukwo, Port Harcourt. Rivers State, Nigeria

2 Rivers State University ; Nkpolu, Oroworukwo, Port Harcourt. Rivers State, Nigeria.

E-mail; oforjo@gmail.com, ferdydaminabo@yahoo.com

Abstract

This paper reviews the state of slums in Port Harcourt and attempt to improve the conditions of living in the waterfront, popularly known as” Waterside”. “Waterside” settlements in the Rivers state especially in the city of Port Harcourt have a long history and tradition and also constitute the astronomical growth in the city’s population. The quest for low income earners looking for cheaper accommodation, lack of residential accommodation and the influx of occupational fishermen from neighbouring communities is said to be responsible for the springing up and expansion of most of these waterside settlements in Port Harcourt. Currently, these waterside settlements have formed part of the City’s landscape, the challenges and problems associated with the waterfront have been worrisome to the government of Rivers State. The effort of the government at different dispensations to deal with these problems had not yielded any good result, right from the government of Dr. Peter Odili, Rt. Hon. Chibuike Ameachi to the present government of Governor Ezenwo Nyesom Wike. The strategies put forward by these different administrations to tackle the problems of the waterfront had met bitter opposition from the residents of the waterfront, and this has caused the government to do little or nothing to this area in terms of infrastructural development. On the other hand the residents of this area which are popularly known as squatters are mindful of the fact that if the government intervenes, they might be rendered homeless since this had happened before in the case of Ndoki Waterfront, Marine base And Aggrey road Waterfront.


USER SATISFACTION IN LOW/MIDDLE INCOME HOUSING, JOS, NIGERIA(A CASE STUDY OF OLD LEGISLATIVE QUARTERS, JOS)

C. Gofwen, S. N. Gaiya, E. O. Ola-Adisa, and Z. Ishaku

Department of Architecture

University of Jos, Jos, Nigeria

Email: olaefeadisa@gmail.com

Abstract
This study examined the effect that spatial perception has on residents of low and middle class housing in a housing estate in Jos. Several factors affected spatial perception including sociological needs, psychological state and individual differences. A major factor the study considered was the environment which also influenced human behaviour even as both mental and physical stimuli affected behavioural responses; providing an insight into the relationship between user perceptions of spatial design and satisfaction with the residential units. Using mixed methods, two randomly selected sample populations completed questionnaires concerning the awareness of the influence on spatial design on their behaviour in the residential units in Old Legislative Quarters, Jos. This was achieved using Likert scales in the self-administered questionnaires.  Data was divided into four broad sections, with each section containing variables such as socio-economic data, spatial perception, population and condition as well as the effect of some factors on behaviour.  The qualitative approach was used in the form of the case study approached in order to evaluate the effects of spatial perception on the behaviour of the students. From the findings it was deduced that good architectural design can only be achieved when architects observe and are as interested in the occupants of the buildings they design as the buildings.

Key words: Effects, Human Behaviour, spatial design, user perceptions


DESIGN CONSIDERATIONS FOR WORK SPACE EFFICIENCY: THE EFFECTS OF COLOUR

I.  I. Ella, O. Onazi, E. O. Ola-Adisa and T. B. Anthony

Department of Architecture

University of Jos, Jos

Email: olaefeadisa@gmail.com

Abstract:
In order to achieve optimum level of physical and mental comfort, which is the primary aim of Architecture, there is need to harmonise all the interior elements of work spaces which consist of different colours. Colour have been used carelessly in most work spaces, many designers tend to concentrate on other design considerations for workspaces and little or no attention is given to colour as an element of design. Other designers only care about the aesthetic aspect of colour without given attention to the aspect in which the space is designed for as colour affect the mood of people using workspaces. The use of colours in architectural design is very fundamental as lack of colour is impossible because it is like a preponderance of white and grey wall, which is emotionally sterile and usually dangerous. A systematic study of colour, their effects and characteristics in work spaces would be investigated but equal to this, the basic consideration in the application and choice of colours gives clear combination of the use of certain colours in interior design of work space. The proper use of colours in Interior work spaces no doubt has not achieve its proper context. Human comfort has not been really and totally achieved. Various studies have shown that the use of colours in interior work spaces can also be achieved when the basic combination of colours is developed in relation to the character and emotion. Therefore, it has become necessary to study the effects of colours on our emotion in order to make colour choices that best suit people for better productivity, since every colour, image and symbols are best influenced by culture, history and circumstances. This research presents colour as a universal language which is understood and appreciated by everybody, it enlightens on how colour is used to create spaces that fulfill the fantasies as well as the practical needs of workspaces, colour creates atmosphere that also create focal points, change the mood of workspaces, increases and decreases the feeling of spaciousness and also turn dull spaces to dramatic spaces. This research examines the studio and office workspaces of the department of architecture, university of Jos. Both quantitative and qualitative research design is drawn using questionares and field survey, it is aimed at providing theories and findings from studies on colour for  providing a good, sterile, and warmth workspace which can help improve performance of workers on workspaces for better productivity. It is known that colour has a psychological effect on peoples’ mood and behaviour, the choice of colour in a work space goes a long way in determining the productivity or performance of workers, the use of monochrome colours has been adopted by different designers without investigating on the implications of colours on human psychology, monochrome colours gives employees the same kind of mood even if their duties are different, thereby favouring only a particular group of workers. Warm colours keep employee motivated and excited while cool colours keep them relaxed and to be creative. The use of colour should be broadened enough to affect every person as regards to one’s discipline.

Keywords: colour psychology, productivity, worker efficiency, workspace planning


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