2022 Archive
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Title: INFRASTRUCTURES AND SECURITY AS A CORONATE OF DETERMINANTS AND ADOPTION OF POS OF SELECTED BUSINESS ORGANISATIONS IN LAGOS, LAGOS STATE..pdf Author: Wolabi, T. J PhD. & Olaniyan, T. S., PhD. Abstract: Abstract It is observed that following the global advancement in technological development, Nigeria is not left out of this advancement. Information and Communications Technology (ICT) has evolved and has become a vehicle for technological growth in the economy of many societies. The main objective of the research is infrastructures and security as a coronate of determinants and adoption of pos of selected business organizations in Lagos, Lagos state. This study employed a cross-sectional survey research design, the population of the study consisted of all Small and Medium Enterprise (SMEs) who are the main users or adopters of POS in Lagos state. The findings revealed that Since the correlation coefficient is positive, it indicates that there is a positive linear relationship between the independent variable and the dependent variable, any increase in the value of availability of infrastructure will correspondingly leads to an increase in the adoption of POS of selected business organizations in Lagos, also findings in this study indicated that there is positive relationship between availability of infrastructure & security and adoption of POS in selected business organization’s in Lagos state. It is recommended that based on the findings in this study, individual should avail itself of awareness creation programs as customer education was found to have a positive and significant relationship with adoption of POS, from this program, benefits and the uses of POS will be stated and this will then be beneficial to individuals in particular and the nation in general. Keywords: POS, POS Security, POS Adoption, Lagos state, Availability of Infrastructure View |
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Title: FEASIBILITY STUDY AS A CORRELATE OF ENTREPRENEURIAL SUCCESS (A STUDY OF SELECTED SME INLAGOS STATE) PAUL.pdf Author: Paul I. Ojeaga, Agbatogun, Taofeek Osidero & Ibrahim O. Abdulganiyu Abstract: ABSTRACT This study investigated feasibility study as a correlate of entrepreneurial success in Abeokuta Mushin LGA, Lagos State. The specific objectives of the study include the relationship vis-à-vis the effect market feasibility, economic feasibility and operational feasibility affect entrepreneurial success. In attaining the highlighted objectives, a well-structured questionnaire was administered for information and data collection. A stratified random sampling technique was used for the selection of the respondents from the study areas. Total of 133 respondents were selected across the study area. The analysis of data was done using descriptive tools basically to show the distribution of socio-economic characteristics of the respondents, and inferential to estimate feasibility study as a correlate of entrepreneurial success, regression models were employed. This study findings based on test of the three (3) hypotheses in the study, show that there is no significant effect of market feasibility on sustainable patronage (R2=0.139, F cal. = 19.459, P < 0.05 at 0.000 significant level);economic feasibility has no significant effect on ventures survival (R2=0.114, F cal. = 15.554, P < 0.05 at 0.000 significant level);there is no significant effect of operational feasibility on venture growth (R2=0.261, F cal. = 42.655, P < 0.05 at 0.000 significant level). In conclusion, the study reflected that each of these independent variables play a significant role on entrepreneurial success in a positive way. View |
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Title: NON-STATE SECURITY ACTORS AND THE IMPERATIVES OF PEACE PROSPECT AND CHALLENGES OF OPERATION AMOTEKUN IN SOUTHWEST NIGERIA.pdf Author: Adetayo Olamide Sowale Abstract: Abstract The need to safeguard the Nigerian state by plethora of security actors, both the state and non-state, turns out to be more compelling in Nigerias social order as evident in various criminal activities ranging from Boko Haram insurgency, abduction, armed banditry, herders/farmers conflict, and money ritual to mention a few. The prevalence of insecurity spurs the agitation of Southwest Nigerias governors to institutionalize a local security agency code named "Operation Amotekun" to safeguard the populace of the Southwest Nigeria which comprises Lagos, Ogun, Oyo, Ondo, Ekiti. Using primary and secondary data, the paper examines the prospect and challenges of the "Operation Amotekun" in the Southwest Nigeria. The study concludes that “Operation Amotekun” possesses the potential to play viable role in safeguarding lives and properties of Nigerians in the Southwest geo political zone. The piece therefore, recommends an uncompromising synergy between the Operation Amotekun and Nigeria Police Force in ensuring safety of lives and properties. Keywords: Security, Actors, Non-State, Operation Amotekun, Regionalism, Nigeria View |
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Title: ANOTHER LOOK AT GOVERNMENT EXPENDITURE AND AGRICULTURAL GROWTH IN NIGERIA.pdf Author: Osundina, Olawumi A., Musa, Dasauki C., Olanrewaju, Gideon O. & Ebere, Chidinma E. Abstract: Abstract Nigeria is a country blessed and characterized by rich natural endowments. It is a country endowed with rich resources ranging from human resources to natural resources. However, about 32% of the total population still live below poverty threshold of 1.90$ per day according the World poverty Clock (2022). Despite the efforts of the government especially in the agricultural sector, the performance of the sector is still rated poor in recent years Hence, this study investigates the effect of government expenditure on economic growth in Nigeria by exploring the impact of commercial bank loans to agricultural sector, government recurrent expenditure on agriculture, interest rate, non-oil net exports on agricultural contribution on GDP in Nigeria giving consideration to the period between year 1985 – 2019. Visual plots reveal the trend of the series investigated and confirms the non-stationarity status of the series at levels. Employing the ADF, PP, ERS and KPSS unit root tests, the series are all revealed stationary, but at different levels. This gave reason for exploring Autoregressive Distributive Lag (ARDL). Empirical revelations reveal that making funds available has positive and significant relationship in the shortrun, but not in the longrun. The study concludes that it is not enough to make funds available. Therefore, the study recommends that funds should rather be made accessible to agricultural sector at lower interest rates and through appropriate channels. View |
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Title: ENTERPRISE RESOURCE PLANNING AND COMPETITIVE ADVANTAGE OF MAUNFACTURING COMPANIES LISTED IN NIGERIA.pdf Author: Ogundajo, G. O, Adegbie, F. F, Olunuga, O. D & Osinowo, O Abstract: Abstract The dynamic reality of the market and competitors innovation capacity make it difficult for companies to achieve their goals and maintain sustainable competitive performance. To gain a competitive advantage, one of which can be done by focusing on reducing the production cost of an item to the lowest cost point but still being able to meet customer needs, which can be done by implementing ERP management for the company? The study employed the survey research design. The result of the regression analysis conducted revealed that ERP business process attributes has a significant impact on financial performance (Adj.R2= 0.483, F(5,307)= 59.253, p < 0.05); ERP business process attributes has a significant impact on products (Adj.R2= 0.487, F(5,307)= 35.722, p < 0.05); ERP business process attributes has a significant impact on customers (Adj.R2= 0.483, F(5,307)= 59.408, p < 0.05) and ERP business process attributes has a significant impact on general performance of manufacturing firms listed in Nigeria (Adj.R2= 0.523, F(5,307)= 69.399, p < 0.05). The study concluded that ERP business process attributes affects competitive advantage of listed manufacturing firms in Nigeria. The study recommended that management should ensure that there is improvement in financial performance and overall superior financial performance is ensured by efficient business processes and thus, efficient investments are made. Keywords: ERP ease of use, Organizational structure, General performance, ERP business process attributes and Competitive advantage. View |
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Title: BUDGETARY POLICY REFORMS AND FISCAL PERFORMANCE IN NIGERIA.pdf Author: Ewedairo Hafeez Taiwo & Christopher C. Ebere Abstract: Abstract With the return of democracy in Nigeria, the government commenced implementation of ambitious reforms to curtail waste of government resources and to raise standard of its fiscal management and financial discipline. The budget department and implementation procedures were targeted to enhance planned fiscal performance of the government using Medium Term Expenditure Framework (MTEF). Current and the next government rolled out more reforms in 2007 and piloted the process for the FY 2011-2015. However, the current administration has numerous budgetary setbacks as deficits are almost uncontrollable. This paper empirically discusses budgetary policy reforms and fiscal performance in Nigeria. Analytical data are from the Central Bank of Nigeria Bulletin and the Budget Office. Unlike numerous measures of fiscal performance, we conceptualize government fiscal performance from the perspective of deficits operationalized by public debts, while budgetary reforms assume dummy variables. the Akaike Info Criterion selected the lag length of the deficit series. Augmented Dickey-Fuller estimated the unit root prior to the application of Dynamic Ordinary Least Square (DOLS) method. Our evidence suggests that budgetary reforms declined fiscal deficits. The paper thus concludes that reforms are ideal for greater fiscal performance and resource management of the Federal government. Keywords: Budgetary Reforms, Fiscal Performance, Dynamic OLS View |
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Title: ACCOUNTING STANDARDS AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN NIGERA DUMMY VARIABLE REGRESSION APPROACH.pdf Author: Ipeghan, Love Benson & Christopher C. Ebere Abstract: Abstract The study examined the adoption of International Financial Reporting standards and financial performance of listed Deposit Money Banks in Nigeria from 2007 to 2020. In achieving the objectives of the study, ex-post facto research design was adopted. The source of data for this work is secondary data through the use of annual reports and accounts of selected deposit money banks. The population of the study is made up of all the deposit money banks listed in Nigeria stock exchange while the sample size of the study is made of five selected banks in Nigeria. The paper used the fixed effect model as method of data analysis. The estimated coefficient of the accounting standard dummy variable was positive and statistically significant. This suggests that the adoption of accounting standards by Nigerian banks improves their performance as measured using profit after tax. The result further showed that, bank size and loan-to-deposit ratio are determinants of bank performance in Nigeria. Based on this, the study recommend that banks should ensure that their staff are properly and regularly trained in order to ensure that the full benefits of accounting standards accrues to the banks. Key Words: Accounting standards, financial performance, Commercial banks, Dummy variable regression approach View |
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Title: VALUE ADDED TAX AND ECONOMIC DEVELOPMENT IN NIGERIA.pdf Author: Akpomie, M. E., Ifionu, E.P. And Ogunbiyi, S. S. Abstract: Abstract Motivated by the dwindling revenue to the Nigeria federal government, the study evaluated the implication of value added tax on economic development in Nigeria over the period of 1994 to 2020. The study employed the stationarity test and the ordinary least square. All variables attained stationarity at level as a result of the loglinear standardization employed. The study observed from analysis that while Value Added tax revenue displayed a positive and significant influence on Inflation, which means that higher value added tax tends to fuel inflation, a negative and significant influence can be seen in the light of value added tax and human development index, which shows that VAT retards the level of economic development in the nation. Based on these observations, the study recommended that; public authority should review the value added tax rate to a significant extent from its stale 5%. Public Authority should ensure to embrace strategies that will help to maintain adequacy of accounting procedure in the tax system in order to spur VAT efficiency. Government should increase the number of Value Added Tax agencies in the country to boost Value Added Tax productivity. View |