ABSTRACT
This is an interrogation of the concepts of good governance, development and peace building. It however anchors their operationalization on the socio-political and economic realities in contemporary Nigeria. The discourse questioned the theoretical and ideological origins and underpinnings of the concepts. It unmasks the neoliberal stuff of good governance and yet, affirms that the notion may bore well with any human community in search of development and peace. In other words, there is a nexus. However for Nigeria to attain the ideals of good governance, development and peace building, chapter two of the 1999 constitution which contains the fundamental Objectives and Directive Principles of State Policy should be enforceable and Justifiable in the courts. Therefore, the Nigerian federal executive authorities should consider it a matter of urgency to initiate a bill in the National Assembly to pass appropriate legislations to give effect to the provisions of chapter two of the 1999 constitution. This will move Nigeria some inches close to the welfare state.
Keywords: Good Governance, Development, Peace, Peace Building and Conflict Resolution.
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ABSTRACT
In an attempt to empirically identify the determinants of inflation in Nigeria, this study expands existing paradigm by including structural variables to some monetary and fiscal policy variables. The study sourced secondary quarterly data covering the period 1981Q1 to 2016Q4 from the Central Bank of Nigeria and National Bureau of Statistics on ten variables including Transportation, Rainfall and Utilities. An Autoregressive Distributed Lag- Error Correction Model (ARDL-ECM) was formulated and the estimation technique used was the Fully-Modified Ordinary Least Square Co-integrating Regression method. Preliminary investigations include testing for data normality using descriptive statistics, stationarity test using the Augmented Dickey Fuller and Lag Length Selection using the Akaike Information Criteria, Schwatz Information Criteria and the Hannan Quinn Information Criteria. Thresults show that money supply and agriculture have significant impact on general price movement in the short run while taxation impacts general price movement in the long run. The study however failed to provide evidence to support transportation and rainfall as significant determinants of inflation dynamics in both the short run and long run. Based on the findings of the study, policy recommendations include controlling money supply and boosting agricultural production in order to control prices in the short run while for long run price stability objective, manipulating taxation is recommended
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The objective of this research is to examine the effect of organization justice and organization commitment on intention to leave of Nigerian employees. The study used the questionnaire survey research design methods. The population of this research consists of employees working in the banking industry in Edo state. Using a sample size of 200, data were collected using the questionnaire and analyzed using descriptive and inferential statistics. Descriptive statistics were carried out using percentages while regression analyses were used as the inferential methods. The research findings show that there is a significant relationship between the organizational justice (procedural justice and distributive justice), organizational commitment and intention to leave. This implies that both procedural and distributive justice perceptions and organizational commitment were significant contributors in explaining employee intention to leave the organization. The study recommends that management of organizations should develop programs that bring about organizational commitment of employees in order to reduce employees’ intention to leave the organization.
KEYWORDS: Organizational Justice, Organizational Commitment, Intention to Leave, procedural justice, and distributive justice.
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ABSTRACT
Finance houses play a major role in the financial system by providing complementary financial services to small, medium and other commercial enterprises. Although they fill relevant gaps left out by the conventional commercial banks, not much research is focused on them in the financial system in Nigeria. Using the stepwise econometric equations, the Unit root test, Co-integration, the Vector Error Correction (VECM), and the Impulse response models, this paper examined the effects of macroeconomic variables on the growth of finance houses in Nigeria. The results show that there is a significant positive relationship between the GDP and the growth by total assets of Finance houses on the short run but decreases in a 2 years lag and subsequent years. The policy implications are that apex regulatory agencies and management of finance houses should be proactive and consistent in conceptualizing sustainable policies directed at the performance and growth of finance companies in Nigeria on long term basis as poorly conceptualized short term measures are not likely to impact sustainably and significantly on the
growth of finance houses and their contributory role in the growth of the Nigerian economy.
KEYWORDS: ‘Finance Houses’, ‘Growth’, ‘GDP’, ‘Nigeria Economy’.
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The objective of this study is to investigate the effect of corporate governance structure on intellectual capital disclosure of seven healthcare listed firms for five years (2013- 2017). Based on content analysis of intellectual capital disclosure items on the annual reports of the selected firms, the empirical results of multiple regressions reveal that size of the audit committee and frequency of board meeting are insignificantly related to intellectual capital disclosure. While board size and board composition are significantly positively associated with intellectual capital disclosure. This study supports and contributes to existing literatures that board size and board composition is a factor that influences intellectual capital disclosure.
KEYWORDS: corporate governance; corporate governance structure; intellectual capital disclosure
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The mass appeal of social networks on the internet could be a cause for concern, particularly when attending to the gradually increasing amount of time youths spend online. Social networking sites offer youths the possibilities of networking and sharing media content, therefore embracing the main web 2.0 attributes against the framework of their respective structural characteristics (Jenkins, 2006). The internet has an indescribable power to influence, connect and mobilize youths. Some youths are overwhelmed by the easy access and freedom to multifarious media content on the internet and have lost control over its usage and begun having problems with their functionality in social, vocational and personal circles as the internet has taken over total control of their lives. Thus, this paper attempt to examine social media and
popular cultures and specifically focuses on the gullibility of Nigerian youths that are addicted in consuming foreign media contents via social media sites and how social media has affected their communication and socialization habits. Although, it is impossible to dissuade youths from using the social media, however, youths should be encouraged to engage online websites more creatively to their advantage and to the benefit of the society. This paper recommends that there is need for parents, guardians, to understand the use of these forms of media and, if possible, attempt to use them, and try to be involved thereby monitoring their wards on how they use these sites and what they use the sites for. They should also encourage youths to engage media content on social media platforms pro-actively and profitably.
KEYWORDS:Social Media, Popular Culture, Media Consumption, Gullibility.
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The place of social planning as a veritable mechanism for development to occur cannot be over emphasized. This paper sought to give a retrospective-prospective analysis of a global planning strategy adopted by most nations to better the lives of people – MDG’s. It is in this light, that the study using secondary data evaluated the MDG’s epochin Nigeria, how far and how well they achieved their set targets. The paper opined that although the MDGs era in Nigeria recorded minor progress with regards to targeted goals, it did not meet the required reasonable targets. Hence as the world shifted attention to the SDG’s, it becomes imperative that Nigeria should strive to achieve the new goals through a concerted effort by all stakeholders. It is therefore essential that the Nigerian government distillates on key areas that can help boost and sustain its developmental objectives to avoid the inadequacies in achieving the MDG’s.
KEYWORDS: MDGs, SDGs, Nigeria, Social Planning, Development.
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The success of every organisation depends on the managers’ effectiveness. In recent times, budgeting and budgetary control have become effective management tools in achieving organisations’ objectives. Budgeting has stimulated future-oriented perspectives in planning decisions of managers. By looking to the future, managers are able to anticipate and use planning to correct potential problems before they arise. This will enable them to focus on exploiting opportunities instead of managing problems. It is the focus of this study to determine how budgeting and budgetary control help to achieve managerial effectiveness. Survey design was used in the study and data were generated by means of questionnaire to seventy-five management staff of selected manufacturing companies. Two hypotheses were formulated and tested using the Pearson chi- square statistics. The study found that there is relationship between budgetary control and managerial effectiveness. It also established that budgeting and budgetary control mechanisms do assist in achieving managerial objectives for an organisation. It is recommended that
effective cost measures should be employed to achieve effectiveness and efficiency of operations.
KEYWORDS: Budgeting, Budgetary control, Managerial effectiveness, Nigeria
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ABSTRACT
Nigeria is a country that develops along abnormal situations. Everyone seems to know the problem of the country, but no one seems to provide the right answers. The country has refused to go under because of its enormous wealth which has been plundered over the years. In all development and production indices, one aspect that cannot be overemphasised is the presence or absence of infrastructure in international best practices. This paper takes a look at the importance of critical infrastructure and productivity in Nigeria. The paper attempts to expose and interrogate the importance of critical infrastructure in some critical sectors such as manufacturing, oil, transport, agricultural, social, energy banking and services. The paper concludes that there is absence of these infrastructure in all the sectors and Nigeria has not muster the political and technological will to address the issues frontally.
ABSTRACT
his paper focuses on top brand preferences survey amongst undergraduates in Benson Idahosa University (BIU) Benin City, Nigeria. The objectives of this paper were: to determine the brands perceived as superior by BIU students, to find out the reasons / factors or attributes that makes them prefer these brands; to ascertain the benefits they derive from these brands and to suggest useful strategies arising
from this study to brand managers. Survey research design was employed for this study. The population of the study was undergraduate students in Benson Idahosa University – Benin City, Nigeria with a total student population of about three thousand five hundred students (3,500) and 565 final year students as at the time of the study. A sample size of two hundred and thirty five final year students was employed for
the study. A self-developed questionnaire aimed at capturing the issues of the research interest was employed. It was found out that students in the BIU community perceive Fidelity bank as top choice bank, same for ATM services category, then Samsung phone products, HP laptops, Jumia online shop, Whatsapp social network, Uche supermarket, Osas Business Centre, Victor’s hair salon, Desti Meals, Bravo noodles,
Simon Peter water, Coca Cola, Five alive juice and Toyota brand for the various sampled brands in the BIU community. It was also found that the students prefer these brands because of good quality, reliability, availability, accessibility, confidence in the brand name, comfortable physical environment of service delivery, loyalty to the brands and physical appearance / attraction to the of brands. Based on the findings,
this paper recommends therefore that brand managers should ensure high quality in goods and services; managers should ensure that the value of a product is worth its price, ensure products are accessible, easy to use, consistency in quality, especially for services, should be sensitive and responsive to the complaints of consumers, and ensure quick corrective measures to remedy defects. There should be a proper feedback
mechanism to ensure openness in communicating with customers. Also brand managers and service providers should adopt a guarantee policy on their brands to foster trust in the minds of consumers, thereby promoting loyalty to the brands, continue to promote good customer relationship and ensure that the environments in which services are provided are conducive.
KEYWORDBrand, Brand Equity, Brand Preferences.