Pub Date : 2021-03-25DOI: 10.48028/IIPRDS/IJASBSM.V9.I1.05
A. Adelusi, D. Abraham
This study examines the effect of credit management on the returns of manufacturing firms using two quoted firms on the Nigerian stock exchange as a case study. This study determines whether a credit management mechanism using the receivable collection period, liquidity management, and payable payment period, have an effect on the profitability of a manufacturing firm which was measured using Return on Assets (ROA). Data were sourced from annual reports of the two firms, which provide empirical evidence for the two (2) manufacturing firms in Nigeria from 2013 to 2018. In other to achieve the objectives of the study, data collected were analyzed using descriptive statistics and Linear Regression to test for normality of variables on data obtained from annual accounts of the Companies under study. Data obtained were further analyzed by the use of financial ratios while the three hypotheses formulated were tested with ANOVA using SPSS statistical package 17.0 Version. From the analysis made, it was discovered that there is a significant relationship between credit management and the profitability of manufacturing firms, based on their Receivable collection period, Payable payment period, and Liquidity management. From the result, the researcher recommended that the sales department of the manufacturing firms must know about credit management to encourage the sales of their products and firms should not be scared of credit sales because it assists in the increase in the firm’s profitability performance. For proper management, credit should be converted to cash in the shortest possible period.
{"title":"MANUFACTURING FIRMS’ PROFItABILITY AND MANAGEMENT OF CREDIT A STUDY OF UNILEVER NIGERIA, PLC AND NIGERIA BREWERIES PLC","authors":"A. Adelusi, D. Abraham","doi":"10.48028/IIPRDS/IJASBSM.V9.I1.05","DOIUrl":"https://doi.org/10.48028/IIPRDS/IJASBSM.V9.I1.05","url":null,"abstract":"This study examines the effect of credit management on the returns of manufacturing firms using two quoted firms on the Nigerian stock exchange as a case study. This study determines whether a credit management mechanism using the receivable collection period, liquidity management, and payable payment period, have an effect on the profitability of a manufacturing firm which was measured using Return on Assets (ROA). Data were sourced from annual reports of the two firms, which provide empirical evidence for the two (2) manufacturing firms in Nigeria from 2013 to 2018. In other to achieve the objectives of the study, data collected were analyzed using descriptive statistics and Linear Regression to test for normality of variables on data obtained from annual accounts of the Companies under study. Data obtained were further analyzed by the use of financial ratios while the three hypotheses formulated were tested with ANOVA using SPSS statistical package 17.0 Version. From the analysis made, it was discovered that there is a significant relationship between credit management and the profitability of manufacturing firms, based on their Receivable collection period, Payable payment period, and Liquidity management. From the result, the researcher recommended that the sales department of the manufacturing firms must know about credit management to encourage the sales of their products and firms should not be scared of credit sales because it assists in the increase in the firm’s profitability performance. For proper management, credit should be converted to cash in the shortest possible period.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130447607","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-25DOI: 10.48028/IIPRDS/IJASBSM.V9.I1.12
Salamatu Baba, Mai Idris Alooma Polytechnic Geidam Yobe State Nigeria Fane-fane library, Dikuma Ibrahim, Sanda Grema
In order to promote utilizing the available resource made in any library information has to be taken to the door step of a clientele a such information and communication technology will serve as a catalyst in doing that. This paper has explored the role of information and communication technology ICT in academia and as well as the strategies used in propagating the available services in an academic library this is because tailor made information it is highly required so as to avoid wasting the precious time of academicians and this can be only achieving with the help of information and communication technology software, therefore, descriptive method was adopted in the methodology of this study.
{"title":"THE IMPACT OF ICT IN MARKETING LIBRARY SERVICES IN ACADEMIC LIBRARY","authors":"Salamatu Baba, Mai Idris Alooma Polytechnic Geidam Yobe State Nigeria Fane-fane library, Dikuma Ibrahim, Sanda Grema","doi":"10.48028/IIPRDS/IJASBSM.V9.I1.12","DOIUrl":"https://doi.org/10.48028/IIPRDS/IJASBSM.V9.I1.12","url":null,"abstract":"In order to promote utilizing the available resource made in any library information has to be taken to the door step of a clientele a such information and communication technology will serve as a catalyst in doing that. This paper has explored the role of information and communication technology ICT in academia and as well as the strategies used in propagating the available services in an academic library this is because tailor made information it is highly required so as to avoid wasting the precious time of academicians and this can be only achieving with the help of information and communication technology software, therefore, descriptive method was adopted in the methodology of this study.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117031124","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-25DOI: 10.48028/IIPRDS/IJASBSM.V9.I1.10
A. Oladele, O. Funmilayo
The study examines the poverty reducing impact of foreign direct investment (FDI) in Nigeria between 1992 and 2016, sectoral inflow of FDI, as well as the factors preventing the inflow of FDI into the economy making it difficult to achieve economic growth and development. Secondary data was sourced from World Development Indicator (WDI). The regression analysis of ordinary least square (OLS) was adopted to examine the poverty reducing impact of foreign direct investment. Augmented Dickey Fuller Test (ADF) unit root test was used to test for stationarity of the data series and ARDL was thereafter adopted because of the level of stationarity of the variables. The regression result revealed that there is little correlation relationship between foreign direct investment and poverty reduction and the ADF result showed the presence of stationarity among the variables data set, while the ARDL result confirmed the existence of foreign direct investment (FDI) has a significant negative effect on poverty reduction in the short run at 5% level of significance. The study established that foreign direct investment as an engine of economic growth and also key in alleviating poverty has often been directed to sectors with low impact on poverty reduction. The study recommends that government should intensify efforts to encourage the inflow of foreign direct investment to sectors that has very high capacity for poverty reduction, formulate favourable policies and increase the ease of doing business in the country. FDI inflows should be diversified from oil sector to non -oil sector to ensure it generate more employment opportunities for poverty reduction.
{"title":"POVERTY REDUCING IMPACT OF FOREIGN DIRECT INVESTMENT IN NIGERIA","authors":"A. Oladele, O. Funmilayo","doi":"10.48028/IIPRDS/IJASBSM.V9.I1.10","DOIUrl":"https://doi.org/10.48028/IIPRDS/IJASBSM.V9.I1.10","url":null,"abstract":"The study examines the poverty reducing impact of foreign direct investment (FDI) in Nigeria between 1992 and 2016, sectoral inflow of FDI, as well as the factors preventing the inflow of FDI into the economy making it difficult to achieve economic growth and development. Secondary data was sourced from World Development Indicator (WDI). The regression analysis of ordinary least square (OLS) was adopted to examine the poverty reducing impact of foreign direct investment. Augmented Dickey Fuller Test (ADF) unit root test was used to test for stationarity of the data series and ARDL was thereafter adopted because of the level of stationarity of the variables. The regression result revealed that there is little correlation relationship between foreign direct investment and poverty reduction and the ADF result showed the presence of stationarity among the variables data set, while the ARDL result confirmed the existence of foreign direct investment (FDI) has a significant negative effect on poverty reduction in the short run at 5% level of significance. The study established that foreign direct investment as an engine of economic growth and also key in alleviating poverty has often been directed to sectors with low impact on poverty reduction. The study recommends that government should intensify efforts to encourage the inflow of foreign direct investment to sectors that has very high capacity for poverty reduction, formulate favourable policies and increase the ease of doing business in the country. FDI inflows should be diversified from oil sector to non -oil sector to ensure it generate more employment opportunities for poverty reduction.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129653726","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.48028/iiprds/ijasbsm.v8.i1.08
B. Musa, F. Abiah, Charles Kwaskebe
This study examined the effects of grant financing on SMEs working capital and product development in Gombe State. The study used the after-only experimental design to reach to 162 beneficiaries of the federal government’s YouWin program from Gombe state. The retrieved questionnaires were analyzed using Statistical Package for Social Sciences (SPSS) version 19.0. The hypotheses of the study were tested using simple linear regression. The research revealed that grant financing has no significant effect on working capitalof SMEs in Gombe State. The studies also revealed that grant finance has significant effect on product development of SMEs in Gombe State. Therefore, it was recommended that entrepreneurs should ensure that future grants are utilized to boost working capitals of their businesses, and also in the development of their products and services.
{"title":"Effects of Grant Financing on SME’s Working Capital and Product Development in Gombe State","authors":"B. Musa, F. Abiah, Charles Kwaskebe","doi":"10.48028/iiprds/ijasbsm.v8.i1.08","DOIUrl":"https://doi.org/10.48028/iiprds/ijasbsm.v8.i1.08","url":null,"abstract":"This study examined the effects of grant financing on SMEs working capital and product development in Gombe State. The study used the after-only experimental design to reach to 162 beneficiaries of the federal government’s YouWin program from Gombe state. The retrieved questionnaires were analyzed using Statistical Package for Social Sciences (SPSS) version 19.0. The hypotheses of the study were tested using simple linear regression. The research revealed that grant financing has no significant effect on working capitalof SMEs in Gombe State. The studies also revealed that grant finance has significant effect on product development of SMEs in Gombe State. Therefore, it was recommended that entrepreneurs should ensure that future grants are utilized to boost working capitals of their businesses, and also in the development of their products and services.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125840840","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.48028/iiprds/ijasbsm.v8.i1.03
A. Marvelous, Iyakwari Baba, Mairana Audu
The study is an attempt to empirically examine the impact of public external debt on exchange rate in Nigeria. The nature of data for this study is secondary data and the major source of data is the Statistical Bulletin published annually by the Central Bank of Nigeria (CBN) December, 2018.The study used Ordinary Least Squares (OLS) and Error Correction Model (ECM) tools of analysis in the investigation of the impact and relationship among the economic variables. The long and short run results confirmed that public external debt has impact on exchange rate in Nigeria. However, based on the probability value at the short run all independent variables were statistically significant in explaining variation in Exchange Rate in Nigeria except Foreign Reserve in Nigeria (FRN) at 5 percent level of significance. While, at the long run the External Debt in Nigeria (EXDTN), Debt Service Payment in Nigeria (DSPN) and Foreign Reserve in Nigeria (FRN) Foreign Reserve in Nigeria (FRN) was statistically significant in explaining the variation in Exchange Rate in Nigeria (EXCHR) at 5 percent level of significance. Therefore, the study recommends that Government should increase the mechanism to check and control the allocation and implementation of public funds in Nigeria to reduce deficit budget and exchange rate in Nigeria.
{"title":"PUBLIC EXTERNAL DEBT AND ITS IMPACT ON EXCHANGE RATE IN NIGERIA","authors":"A. Marvelous, Iyakwari Baba, Mairana Audu","doi":"10.48028/iiprds/ijasbsm.v8.i1.03","DOIUrl":"https://doi.org/10.48028/iiprds/ijasbsm.v8.i1.03","url":null,"abstract":"The study is an attempt to empirically examine the impact of public external debt on exchange rate in Nigeria. The nature of data for this study is secondary data and the major source of data is the Statistical Bulletin published annually by the Central Bank of Nigeria (CBN) December, 2018.The study used Ordinary Least Squares (OLS) and Error Correction Model (ECM) tools of analysis in the investigation of the impact and relationship among the economic variables. The long and short run results confirmed that public external debt has impact on exchange rate in Nigeria. However, based on the probability value at the short run all independent variables were statistically significant in explaining variation in Exchange Rate in Nigeria except Foreign Reserve in Nigeria (FRN) at 5 percent level of significance. While, at the long run the External Debt in Nigeria (EXDTN), Debt Service Payment in Nigeria (DSPN) and Foreign Reserve in Nigeria (FRN) Foreign Reserve in Nigeria (FRN) was statistically significant in explaining the variation in Exchange Rate in Nigeria (EXCHR) at 5 percent level of significance. Therefore, the study recommends that Government should increase the mechanism to check and control the allocation and implementation of public funds in Nigeria to reduce deficit budget and exchange rate in Nigeria.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"195 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132719292","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.48028/iiprds/ijasbsm.v8.i1.01
C. Abur
Infrastructure is one of the most critical factors for economic development in the post-COVID -19 because it will interact with the economy through the production processes and this will greatly impact the production and performance of SMEs in terms of output, income, and employment. This paper examines the effect of infrastructure deficit on the performance of small and medium-sized enterprises in Benue State. The study is aimed at identifying the state of infrastructure and the effect of infrastructure deficit on the performance of small and medium-sized enterprises in Nigeria. Three stages random sampling technique was employedtoselect750 SME’s in Nigeria. The study employed descriptive statistics and the Cobb-Douglas Production Function to analyze data. The descriptive statistics resultsshowthat88.9 percent of the SMEs emphasized that the state of infrastructure is poor in Nigeria while 79.1 percent of SMEs opined that poor state of infrastructure increased their cost of operation in the post-COVID -19.The Cobb-Douglas Production Function result showed that infrastructure deficit hurts the performance of small and medium-sized enterprises in Nigeria in the post-COVID -19.Thestudyconcludesthatinfrastructure has a multiplier effect on SMEs ’income. Deficiency infrastructure hampered the development of SME’s and this translates in to a fall in income, low revenue to the government as well as increase unemployment. The study recommended that governments should make policies that are infrastructure driven in other to encourage and allow entrepreneurs to gain more access to infrastructure to reduce cost and enhance SMEs' performance.
{"title":"INFRASTRUCTURE DEFICIT AND THE PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISE IN THE POST COVID-19 NIGERIAN ECONOMY","authors":"C. Abur","doi":"10.48028/iiprds/ijasbsm.v8.i1.01","DOIUrl":"https://doi.org/10.48028/iiprds/ijasbsm.v8.i1.01","url":null,"abstract":"Infrastructure is one of the most critical factors for economic development in the post-COVID -19 because it will interact with the economy through the production processes and this will greatly impact the production and performance of SMEs in terms of output, income, and employment. This paper examines the effect of infrastructure deficit on the performance of small and medium-sized enterprises in Benue State. The study is aimed at identifying the state of infrastructure and the effect of infrastructure deficit on the performance of small and medium-sized enterprises in Nigeria. Three stages random sampling technique was employedtoselect750 SME’s in Nigeria. The study employed descriptive statistics and the Cobb-Douglas Production Function to analyze data. The descriptive statistics resultsshowthat88.9 percent of the SMEs emphasized that the state of infrastructure is poor in Nigeria while 79.1 percent of SMEs opined that poor state of infrastructure increased their cost of operation in the post-COVID -19.The Cobb-Douglas Production Function result showed that infrastructure deficit hurts the performance of small and medium-sized enterprises in Nigeria in the post-COVID -19.Thestudyconcludesthatinfrastructure has a multiplier effect on SMEs ’income. Deficiency infrastructure hampered the development of SME’s and this translates in to a fall in income, low revenue to the government as well as increase unemployment. The study recommended that governments should make policies that are infrastructure driven in other to encourage and allow entrepreneurs to gain more access to infrastructure to reduce cost and enhance SMEs' performance.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122367331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.48028/iiprds/ijasbsm.v8.i1.06
A. Ogechukwu
It is the mantra in the academic world to either “publish or perish”. Without publications in journals, and attendance in National and International Conferences,it is practically impossible for lecturers/tutors to proceed to the nextcareer grade or promotion especially in Nigerian tertiary institutions. The current mantra “publish or perish” drives all faculty members and lecturers towards research and publication in reputable journals. Most especially in the universities and most first generation polytechnics in Nigeria, where the value of the publication is respected when it is in refereed journals, preferably those which have achieved very high reputation. This paper is to examine the extent to which academic research papers must inform, educate, contribute to knowledge and entertain the practitioners who are engaged in either management or business lecturing. There are evidences in the western world of Europe and America especially, and particularly in Nigeria that our management and business journals are neither read nor recognized by the practitioners. Do the practitioners and government officials even read or consult our journals in Nigeria? The consequences for academics and other writers is that if our papers are not read by practitioners in the subject area is very fundamental. We can use the research papers for professional career promotion in our place of employments, but should this be the only reason? We must try to write and publish our papers to meet the demands of academically related journals and publications, which will further our careers and also to use the outlets that are likely to be read by the practitioners. It is a somewhat difficult, but not an impossible task. The evidence from this paper especially from the United Kingdom and Nigeria will lay semblance to what is obtainable in Nigeria. The readership of our work most likely are disappointingly exclusive. This paper evaluates the models of academic research writing, the sources of materials for writers and lecturers in research writing, the findings indicates that if lecturers research writings must be useful, it must involve practical facts relevant to management managers, who will invariably alter their reading habits to accommodate research writings. Managers must also contribute to conference and seminars.
{"title":"Beyond Academic Career Progression, Job Enhancement and Promotion: Who are the Marketing/Management Lecturers Really Addressing in their Research Writings?","authors":"A. Ogechukwu","doi":"10.48028/iiprds/ijasbsm.v8.i1.06","DOIUrl":"https://doi.org/10.48028/iiprds/ijasbsm.v8.i1.06","url":null,"abstract":"It is the mantra in the academic world to either “publish or perish”. Without publications in journals, and attendance in National and International Conferences,it is practically impossible for lecturers/tutors to proceed to the nextcareer grade or promotion especially in Nigerian tertiary institutions. The current mantra “publish or perish” drives all faculty members and lecturers towards research and publication in reputable journals. Most especially in the universities and most first generation polytechnics in Nigeria, where the value of the publication is respected when it is in refereed journals, preferably those which have achieved very high reputation. This paper is to examine the extent to which academic research papers must inform, educate, contribute to knowledge and entertain the practitioners who are engaged in either management or business lecturing. There are evidences in the western world of Europe and America especially, and particularly in Nigeria that our management and business journals are neither read nor recognized by the practitioners. Do the practitioners and government officials even read or consult our journals in Nigeria? The consequences for academics and other writers is that if our papers are not read by practitioners in the subject area is very fundamental. We can use the research papers for professional career promotion in our place of employments, but should this be the only reason? We must try to write and publish our papers to meet the demands of academically related journals and publications, which will further our careers and also to use the outlets that are likely to be read by the practitioners. It is a somewhat difficult, but not an impossible task. The evidence from this paper especially from the United Kingdom and Nigeria will lay semblance to what is obtainable in Nigeria. The readership of our work most likely are disappointingly exclusive. This paper evaluates the models of academic research writing, the sources of materials for writers and lecturers in research writing, the findings indicates that if lecturers research writings must be useful, it must involve practical facts relevant to management managers, who will invariably alter their reading habits to accommodate research writings. Managers must also contribute to conference and seminars.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115851504","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.48028/iiprds/ijasbsm.v8.i1.02
R. Kyarem, Zubair A. Zulaihatu
Covid-19 pandemic reached Nigeria in February 2020 with its debilitating characteristics of lockdown and social distance. The Nigerian economy responded with all socio-economic indices turning negative between February and August 2020.With deteriorating socio-economic indicators, the Nigerian government reacted with Covid-19 containment policies which yielded positive results in limiting the spread of the pandemic. On the other hand, the other policies aim at stimulating economic revival has yielded little anticipated results. The government embarked of conflicting policies of expansion and contraction simultaneously thus frustrating the attainment of set goals of reviving the economy. A central sub-sector of the economy with potentials for reviving the economy - peasant farming is altogether ignored. Structured on the theoretical framework of new classical school of economic thought, the paper employed retrospective methodology for analysis. The way forward is to embark on short run expansionary policies. All contraction policies like increase taxation should be reversed. Specific short run policies should be directed at the surplus labour and land in the rural peasant agricultural sector using the channels of traditional rulers and community based organizations. The short term policies should be in line with the lifespan of staple crops like rice hence surplus food produced will stifle the galloping inflation and the resources injected in the rural areas will reduce the worsening unemployment. These positive short run outcomes would expunge the economy out of the economic morass occasioned by the Covid-19 pandemic and guarantee sustainable economic growth.
{"title":"MANAGING THE COVID-19 NIGERIAN ECONOMY: POLICY RETROSPECTION","authors":"R. Kyarem, Zubair A. Zulaihatu","doi":"10.48028/iiprds/ijasbsm.v8.i1.02","DOIUrl":"https://doi.org/10.48028/iiprds/ijasbsm.v8.i1.02","url":null,"abstract":"Covid-19 pandemic reached Nigeria in February 2020 with its debilitating characteristics of lockdown and social distance. The Nigerian economy responded with all socio-economic indices turning negative between February and August 2020.With deteriorating socio-economic indicators, the Nigerian government reacted with Covid-19 containment policies which yielded positive results in limiting the spread of the pandemic. On the other hand, the other policies aim at stimulating economic revival has yielded little anticipated results. The government embarked of conflicting policies of expansion and contraction simultaneously thus frustrating the attainment of set goals of reviving the economy. A central sub-sector of the economy with potentials for reviving the economy - peasant farming is altogether ignored. Structured on the theoretical framework of new classical school of economic thought, the paper employed retrospective methodology for analysis. The way forward is to embark on short run expansionary policies. All contraction policies like increase taxation should be reversed. Specific short run policies should be directed at the surplus labour and land in the rural peasant agricultural sector using the channels of traditional rulers and community based organizations. The short term policies should be in line with the lifespan of staple crops like rice hence surplus food produced will stifle the galloping inflation and the resources injected in the rural areas will reduce the worsening unemployment. These positive short run outcomes would expunge the economy out of the economic morass occasioned by the Covid-19 pandemic and guarantee sustainable economic growth.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129882661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.48028/iiprds/ijasbsm.v8.i1.04
A. Amos, Atsiya Pius
A very recent article published in The Guardian (2020) reported on how the surge of domestic violence cases is a pattern being repeated A very recent article published in The Guardian (2020) reported on how the surge of domestic violence cases is a pattern being repeated very recent article published in The Guardian (2020) reported on how the surge of domestic violence cases is a pattern being repeated Among measures recommended by the World Health organization to stem the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) virus is the restriction of population movement (lockdown). With the lockdown, there appear to be a global surge in intimate partner violence (IPV) and how this impact on maternal health is the motivation for this study. Understanding IPV and how it influences maternal health, within an economic framework will be potentially relevant especially with the increasing use of lockdown to curb the surge of the virus. In this study, we identify factors of domestic violence against women within couples who were currently in marital or cohabiting partnerships. Also, we investigate whether domestic violence influences the decision of women to terminate pregnancies. We use data from the 2018 Nigeria Demographic and Health Survey (NDHS). Multivariate logistic regressions were used to model the predictors of domestic violence, and its influence on the decision to terminate pregnancies among married women. Of the 8,910 married women interviewed for domestic violence, 35.33% had ever experienced a form of domestic violence. We discover that having higher education, not being poor, and residing in urban areas reduce the odds of women experiencing domestic violence. Further, findings from the study indicate that women who own land, and whose husbands use alcohol have increased odds of experiencing domestic violence. Also, the results suggest that currently married women experiencing domestic violence have 1.25 times increased odds of terminating pregnancies compared with their counterparts that are not experiencing domestic violence. Our results suggest the implementation of short-term measures to address the issues of poverty and alcohol consumption during lockdown periods. Long-term measures could include legislations supporting compulsory girl-child education and criminalising all forms of domestic violence. Importantly, public actions to contain domestic violence in order to improve maternal health should be implemented in the context of the dynamics of a non-cooperative relationship existing between married couples.
{"title":"INTIMATE PARTNER VIOLENCE AND MATERNAL HEALTH IN NIGERIA: IMPLICATIONS FOR CORONAVIRUS DISEASE (COVID 19) LOCKDOWN MEASURE","authors":"A. Amos, Atsiya Pius","doi":"10.48028/iiprds/ijasbsm.v8.i1.04","DOIUrl":"https://doi.org/10.48028/iiprds/ijasbsm.v8.i1.04","url":null,"abstract":"A very recent article published in The Guardian (2020) reported on how the surge of domestic violence cases is a pattern being repeated A very recent article published in The Guardian (2020) reported on how the surge of domestic violence cases is a pattern being repeated very recent article published in The Guardian (2020) reported on how the surge of domestic violence cases is a pattern being repeated Among measures recommended by the World Health organization to stem the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) virus is the restriction of population movement (lockdown). With the lockdown, there appear to be a global surge in intimate partner violence (IPV) and how this impact on maternal health is the motivation for this study. Understanding IPV and how it influences maternal health, within an economic framework will be potentially relevant especially with the increasing use of lockdown to curb the surge of the virus. In this study, we identify factors of domestic violence against women within couples who were currently in marital or cohabiting partnerships. Also, we investigate whether domestic violence influences the decision of women to terminate pregnancies. We use data from the 2018 Nigeria Demographic and Health Survey (NDHS). Multivariate logistic regressions were used to model the predictors of domestic violence, and its influence on the decision to terminate pregnancies among married women. Of the 8,910 married women interviewed for domestic violence, 35.33% had ever experienced a form of domestic violence. We discover that having higher education, not being poor, and residing in urban areas reduce the odds of women experiencing domestic violence. Further, findings from the study indicate that women who own land, and whose husbands use alcohol have increased odds of experiencing domestic violence. Also, the results suggest that currently married women experiencing domestic violence have 1.25 times increased odds of terminating pregnancies compared with their counterparts that are not experiencing domestic violence. Our results suggest the implementation of short-term measures to address the issues of poverty and alcohol consumption during lockdown periods. Long-term measures could include legislations supporting compulsory girl-child education and criminalising all forms of domestic violence. Importantly, public actions to contain domestic violence in order to improve maternal health should be implemented in the context of the dynamics of a non-cooperative relationship existing between married couples.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114200348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.48028/iiprds/ijasbsm.v8.i1.07
Dakwang Hyacinth, Mallam Jibir
The coronavirus (COVID-19) outbreak has presented governments with unprecedented challenges in ensuring not only the health of their citizens but also public service continuity. Governments had to purchase vital health products swiftly whilst ensuring smooth and accountable management of ongoing contracts to continue providing public services to the citizens. Certain critical public services and infrastructure industries have a unique responsibility to continue operations even during these unprecedented times. Infrastructure development and public procurement, therefore, are at the frontline of the wider governmental response to the COVID-19 outbreak. This paper identifies needed procurement strategies that guarantees sustainability and ensures efficient economic recovery from the COVID-19 pandemic. The paper being an exploratory study reviews the devastating effects of the COVID-19 pandemic on the world’s economy and Nigeria in particular. The study also reviews theories associated with the subject matter and concludes that greater collaboration between governments andindustries will be needed to ensure minimum disruption in global supply chains that ensures effective economic recovery. We hope that this paper will trigger intellectually stimulating debates, further researches and meaningful actions from individuals, organizations, and societies, both in Nigeria, Africa and beyond in the global fight against COVID-19 and economic recovery.
{"title":"Public Procurement Strategies for Sustainability: Panacea for Economic Recovery from COVID-19 Pandemic","authors":"Dakwang Hyacinth, Mallam Jibir","doi":"10.48028/iiprds/ijasbsm.v8.i1.07","DOIUrl":"https://doi.org/10.48028/iiprds/ijasbsm.v8.i1.07","url":null,"abstract":"The coronavirus (COVID-19) outbreak has presented governments with unprecedented challenges in ensuring not only the health of their citizens but also public service continuity. Governments had to purchase vital health products swiftly whilst ensuring smooth and accountable management of ongoing contracts to continue providing public services to the citizens. Certain critical public services and infrastructure industries have a unique responsibility to continue operations even during these unprecedented times. Infrastructure development and public procurement, therefore, are at the frontline of the wider governmental response to the COVID-19 outbreak. This paper identifies needed procurement strategies that guarantees sustainability and ensures efficient economic recovery from the COVID-19 pandemic. The paper being an exploratory study reviews the devastating effects of the COVID-19 pandemic on the world’s economy and Nigeria in particular. The study also reviews theories associated with the subject matter and concludes that greater collaboration between governments andindustries will be needed to ensure minimum disruption in global supply chains that ensures effective economic recovery. We hope that this paper will trigger intellectually stimulating debates, further researches and meaningful actions from individuals, organizations, and societies, both in Nigeria, Africa and beyond in the global fight against COVID-19 and economic recovery.","PeriodicalId":101705,"journal":{"name":"International Journal of Advanced Studies in Business Strategies and Management","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116772484","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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