Age grade system is known to play a significant role in the development of the communities in Ohafia right from its origin. The study examines the relationship between age grade projects and improvements in several socio- economic indicators as literacy level, life expectancy at birth, employment generation and income. The study draws on survey data from a sample of 293 respondents in ten communities in Ohafia Local Government Area of Abia State. Descriptive and inferential statistics were us...
External shock can be seen as the vulnerability of an economy to fluctuations of a primary commodity price in the international market and foreign aid flows. This is usually possible for an economy with a high index of openness, and largely dependent on such commodity as sources of foreign exchange earnings and government revenue. One of such economies is Nigeria. Its shocks have emanated from oil price (Adamu, 2015), non-oil primary commodities, aid flows and trading partners at different pe...
For some time now, marketing companies have begun to explore the benefits of Behavioural Economics in enhancing the impact of their research and application. Behavioural Economics brings to the forefront the benefits of exposing the needs of consumers with precision and allows firms to deplore their strategies accordingly. In the same vein, public policy can now use these techniques to design policies that meet the exact needs of the citizenry. This presentation is the summary of the report o...
This study investigated the impact of fiscal and monetary policy on Nigerian economic growth from 1981 to 2015, with the interest in exploring which of fiscal or monetary policy has been effective in propelling economic growth in Nigeria and how GDP growth responds to the monetary and fiscal policy shock. The positive impact of these policy tools on economic performance will help the country achieve sustained growth and while reducing economic instability. Time series data were collected from...
The EITI is a standard for countries with oil, gas and minerals, it requires all companies extracting oil, gas and minerals to publish what they pay in taxes and royalties and the government also publish what it receives, including other key information about the sector (EITI, 2016). These mineral dependent economies generate at least 8 % of GDP and 40 % of export earnings from the mineral (Auty, 1993). The lack of accountability and efficient management of these resources has led to politica...
International Journal of Sustainability in Higher Education, Jan 1, 2006 Purpose: This paper explores the use of the purchase power of the higher education system to catalyze the economy of scale necessary to ensure market competitiveness for solar photovoltaic electricity.Design/methodology/approach: The approach used here was to first determine the demand necessary to construct “Solar City Factories”, factories that possess equipment and processes sized, dedicated and optimized to produ...
1.BACKGROUND OF STUDY Since its independence in 1960, Nigeria has been trying to transform its status from a third world economy to a first world economy. This has resulted to successive governments launching and implementing different economic programmes to achieve this aim ranging from the First Economic Development Plan, Second Economic Development Plan, Third Economic Development Plan, Green Revolution, Structural Adjustment Programme, Vision 2010, National Economic Empowerment and Develo...
The economics in the U.S. of solar photovoltaic (PV) systems is changing rapidly as the cost per unit power of PV modules has dropped quickly. These costs reductions have two important results: marked decrease in levelized cost of electricity (LCOE) into ranges competitive or better than traditional electricity-generation technologies and the economic role of racking has been gaining prominence relative to that of modules. As the relative importance of costs of PV racking has been marginal hi...
Ph.D. scientists and engineers are highly qualified personnel (HQP) that improve U.S. economic efficiency and generate new products including weapons of interest to the intelligence community. HQP represent a small fraction of the population, which make them favorable targets to compromise. This study analyzes how to defend against a novel approach of covert infiltration that uses administrative techniques to neutralize HQP without recruiting them directly. The approach follows five hierarchi...
Distributed manufacturing even at the household level is now well established with the combined use of open source designs and self-replicating rapid prototyper (RepRap) 3-D printers. Previous work has shown substantial economic consumer benefits for producing their own polymer products. Now flexible filaments are available at roughly 3-times the cost of more conventional 3-D printing materials. To provide some insight into the potential for flexible filament to be both technically feasible a...
Abstract The lack of adequate finance has led to decline in the growth of the Small and Medium Scale Enterprise (SME) sector in Nigeria even with various instruments and policies put in place. This study employed Co-integration and Error Correlation Method (ECM) techniques to investigate the impact of commercial bank credits on SME growth in Nigeria between 1980 and 2016. The results revealed that SMEs and selected macroeconomic variables included in the model have a long run relationship wit...
This paper was written to define, determine and evaluate the various roles a corporate leader plays in a changing socio-economic environment and organization renewal. This paper evaluates the socio-economic environment and how it affects an organization, also the various type of corporate leadership style that would suit different level of organization renewal was reviewed, and the paper also focused on the various implications and impacts of a corporate leader’s decisions and cause of a...
This paper investigates the effect of smallholder livestock production on income among farm households in northern Ghana. Questionnaires were administered to 300 household heads and ordinary least squares estimation technique was applied to the dataset. The dependent variable was income and measured by total annual income received from farm and non-farm activities by household heads. The independent variable of interest was tropical livestock unit measured by flock size. We also included farm...
This study is undertaken to verify if the Ricardian Equivalence Hypothesis (REH) hold for Nigeria and Ghana using annual time-series data of both developing countries covering from 1970 to 2013; and taking previous empirical studies as its point of reference and departure. The broad objective of the study is dissected into the following specific objectives of the study as thus: to examine the effects of budget deficits on interest rates, inflation, and economic growth in Nigeria and Ghana wit...
Using time series such as GDP per capita, solid minerals output, foreign trade balance, domestic interest rate, inflation, and gross domestic savings, for the period 1960-2015. the Linear Growth Regression model adopted for this study indicates that solid minerals positively impact on sustainable growth and is statistically significant. The study also found that solid mineral is highly significant but negatively related with foreign exchange due largely to illegal migration of mineral commodi...