Browsing by Author "Obasi, Angela"

Now showing 1 - 3 of 3
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    HUMAN CAPITAL DEVELOPMENT AND NIGERIA SUSTAINABLE DEVELOPMENT
    (Department of Public Administration, Nasarawa State University Keffi., 2016-06-22) Onodugo, I.C.; Itodo, Sylvanus Mohammed; Obasi, Angela
    Education has a dual nature as both private consumption and investment process on the one hand and a social investment process on the other. The paper seeks to examine the concept and influence of education on sustainable development in .Nigeria. To achieve this, the paper is structured into: abstract, introduction, conceptual clarification, challenges affecting education and economic growth, conclusion and recommendations. The paper revealed that there is a symbiotic nexus between human capital and sustainable national development. It is in the light of this that the paper advocates that federal government should provide funds for adequate production and provision of relevant teaching and research equipment in educational institutions.
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    IMPACT OF MULTINATIONAL OIL COMPANIES ON ECONOMY OF NIGERIA’S NIGER DELTA REGION
    (Department of Public Administration, Nasarawa State University Keffi., 2015-05-20) Itodo, Sylvanus Mohammed; Obasi, Angela
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    THE IMPACT OF PRIVATIZATION OF POWER SECTOR IN NIGERIA
    (Department of Public Administration, Nasarawa State University Keffi., 2015-01-22) Itodo, Sylvanus Mohammed; Obasi, Angela
    This paper discussed the impact of privatization of power sector in Nigeria: privatization of the power sector in Nigeria is based on capitalist value, ideology, orientation and assumption. Therefore, Privatization has been a key component of structural reform programs in both developed and developing economies. The aim of such programs is to achieve higher microeconomic efficiency and foster economic growth, as well as reduce public sector borrowing requirements through the elimination of unnecessary subsidies. Microeconomic theory tells us that incentive and contracting problems create inefficiencies due to public ownership, given that managers of state-owned enterprises pursue objectives that differ from those ofprivate firms (political view) and face less monitoring (management view). Not only are the managers' objectives distorted, but the budget constraints they face are also softened. The soft-budget constraint emerges from the fact that bankruptcy is not a credible threat to public managers, for it is in the central government's own interest to bail them out in case of financial distress. Empirical evidence shows a robust corroboration of theoretical implications: privatization increases profitability and efficiency in both competitive and monopolistic sectors. Full privatization has a greater impact than partial privatization and monopolistic sectors show an increase in profitability that is above the component explained by increases in productivity, which reflects their market power. From the macroeconomic perspective, no conclusive evidence can be drawn, but the trends are favorable. (JEL D21, D6I, D62, E65). It therefore recommended that there is need for a level play ground for more investors.