Browsing by Author "Sabo, Ajidani Moses"

Now showing 1 - 14 of 14
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    Basic Principles and Theories of Economics
    (Department of Economics, Nasarawa State University, Keffi., 2009-03-06) Sabo, Ajidani Moses; Henry, Ahmed Eggon; Igwo, Oseshi Bitrus
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    EFFECT OF GLOBALIZATION ON ECONOMIC GROWTH IN NIGERIA: AN AUTOREGRESSIVE DISTRIBUTED LAG ANALYSIS
    (Department of Economics, Nasarawa State University, Keffi., 2019-04-15) Henry, Ahmed Eggon; Sabo, Ajidani Moses
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    Empirical Analysis of Effect of Non-oil Export on Economic Growth on Nigeria
    (Department of Economics, Nasarawa State University, Keffi., 2018-11-12) Sabo, Ajidani Moses; Anzaku, Darlington Elias; Salihu, Habibu Muhammed-Gani
    The Nigerian government has, over the years introduced various macroeconomic policies in order to develop the non-oil sector, with the aim of developing the overall economys but without success. This s/udv examined the effect of exports on economic growth in Nigeria.An autoregressive distributed lag model was used to carry out the analysis. It was found that non-oil agricultural exports have positive and significant effect on economic growth while non-oil manufacturing exports have negative relationships with it. Thus, it was recommended that there is need for concerted effort from the government at all levels and private sector at fighting the challenges of the non-oil manufacturing exports of the economy. Frantic efforts should be made in processing commodities before exporting them. This will enhance the economy's ability to export finished products as opposed to raw products.
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    AN EMPIRICAL INVESTIGATION OF THE IMPACT OF CORRUPTION ON THE NIGERIA’S ECONOMIC GROWTH: 1999-2008
    (Department of Economics, Nasarawa State University, Keffi., 2011-07-11) Henry, Ahmed Eggon; Sabo, Ajidani Moses
    This paper was written to investigate the impact of corruption on Nigerian's economic growth during the 1999-2008. A Barro type model was adjusted and used in the study. In the vaper, it is observed that the problem of corruption is intractable and thus need sacrifice by all and Sundry. Ordinary least squares (OLS) technique using the multiple regression method was used. The findings showed that while corruption has positive impact on public capital expenditure, it has negative impact on human capital and foreign direct investment in Nigeria. Thus, it was recommended that death penalty should be meted on any public official(s) found by law to be corruptly enriched himself or herself.
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    Governance treasury single account and sustainable development in Nigeria
    (Department of Economics, Nasarawa State University, Keffi., 2019-04-09) Salihu, Habibu Muhammed-Gani; Sabo, Ajidani Moses; Ibrahim, Abdul
    Some of the problems bedevilling Nigeria economy in the recent times include corruption, mismanagement, wastages and financial leakages. These have caused inadequate funds for public investments in the economy. This study is designed to evaluate treasury single account (TSA) policy as it affects sustainable development in the country. Questionnaire method was adopted in collecting data used for the study. Results showed that TSA has impacted positively on Nigeria in general and public finance in particular and hence sustainable development in the country. Thus, it is recommended that the implementation of TSA in Nigeria should be sustained so as to accumulate enough funds for present as well as future use, to achieve sustainable development. Keywords: government treasury single account, sustainable development, wastages, corruption and financial leakages.
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    Impact of Coronavirus (Covid-19) on Socio-Economic Status of Households in the Federal Capital Territory of Nigeria
    (Department of Economics, Nasarawa State University, Keffi., 2020-12-24) Salihu, Habibu Muhammed-Gani; Joel, Osekweyi Odonye; Francis, Uger Iorbee; Sabo, Ajidani Moses; Agot, Galadima James
    The study' examine the impact of coronavirus (CO VID-I9) on socio-economic status of households in the federal capital territory. The study adopted stratified and simple random sampling techniques to draw the sample from the population. The respondents were randomly selectedfrom the six (6) A rea Councils Headquarters namely: A baji area council; Abuja Municipal Area Council; Bwari Area Council; Gwagwalada Area Council; Kuje Area Council, and KwaIi Area Council. The area council headquarters were chosen because they are more populous and constitute the main commercial centres in the territory. The respondents were stratified into six according to the area councils and a simple random sampling was usedfor the selection of households. The findings of the study revealed that CO VID-19 has severe impacts on health, education, employment, and income of residents in the Federal Capital Territory. The study recommends that governments should increase funds to National Centre for Disease Control to enable it perform better; in terms of prevention of diseases that will enhance health status among households in the FCT. To this end, increase in annual budgetary allocations to the health sector will assist in powering health institutions to render effective services to the people.
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    THE IMPACT OF FOREIGN AIDS AND DEMONSTRATION EFFECTS ON ECONOMIC DEVELOPMENT IN LESS DEVELOPED COUNTRIES
    (Department of Economics, Nasarawa State University, Keffi., 2005-11-30) Henry, Ahmed Eggon; Sabo, Ajidani Moses
    In this paper, an attempt was made to discuss the impact of foreign aids and demonstration effect on economic development in developing countries. Various literature concerning aids and demonstration effect were reviewed. The paper observed that foreign aids are quite desirable in any economy because they play a major role in easing the constraints of low levels of domestic savings and investment as well as foreign exchange inadequacies. However, it was found that aids remained highly concentrated, going from a few number of developed countries to a few number of developing countries. It was also found that foreign aids have played a positive role in improving Human Development Index (MDI) in Less Developed Countries (LDCS). In view of the above, it was recommended that there should be more outright grants and confessional loans and less tied aids to give greater autonomy and flexibility to the recipients in terms of their allocation and uses. The paper posits that the LDCS should look inward as an alternative to foreign aids.
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    IMPACT OF GOVERNMENT MONETARY POLICY ON ENTREPRENEURSHIP FOR SUSTAINABLE DEVELOPMENT GOALS IN NASARAWA STATE, NIGERIA
    (Department of Economics, Nasarawa State University, Keffi., 2017-06-05) Sabo, Ajidani Moses; Salihu, Habibu Muhammed-Gani; Joel, Osekweyi Odonye; Francis, Uger Iorbee
    The role played by entrepreneur in economic growth of development countries cannot be over stressed. Now, it has been realised by government globally that increasing entrepreneurship both qualitatively and qualitatively will lead to the achievement sustainable economic development. This is because entrepreneurship development helps to create employment and make goods available everywhere. In view of the above, developing countries including Nigeria made several efforts towards entrepreneurship development at several times. On historical front, the sustainable development goals (SDGs) were bom at the United Nations Conference on Sustainable Development in Rio de Janeiro in 2012. The objective was to produce a set of universal goals that meet the urgent environmental, political, and econOmic challenges facing our world. The SDGs replaced the Millennium Development Goals (MDGs), which started a global effort in 2000 to tackle the indignity of poverty. Some of the objectives of MDGs include: reducing extreme poverty and hunger; preventing deadly diseases; and expanding primary education to all children; among others (UNDP, 2012). For about 15 years, the MDGs made some progress in some areas including: reducing income poverty, driving down child mortality, and improving maternal health as well as increasing literacy levels. The SDGs are built on the successes of the MDGs, while including new areas such as climate change, economic inequality, innovation, sustainable production and consumption, peace and justice, good governance, among other priorities. According to UNDP (2015), the SDGs are an inclusive agenda, and poverty eradication is at the heart of the 2030 agenda, and so is the commitment to include all and sundry to make a positive change for both people and planet. This means that SDGs are of the people, by the people and for the people
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    Impact of Monetary Policy on Inflation Rate in Nigeria: Vector Autoregressive Analysis
    (Department of Economics, Nasarawa State University, Keffi., 2020-12-12) Henry, Ahmed Eggon; Sabo, Ajidani Moses
    The Nigerian monetary authorities have implemented several monetary management policies with the aim of achieving price stability and economic growth in the country, but without success. This study was conducted to examine the impact of monetary policy management on inflation in Nigeria during the 1985- 2019. Autoregressive distributed lag analysis was employed on time series data covering the period. It was found that while monetary policy rate and foreign exchange rate impacted negatively on inflation; broad money supply impact positively on it. Therefore, the study recommended that monetary authorities should fix the exchange rate at where the value of naira will rise. Besides, government should direct more investment on productive activities in other to increase output of goods and services in the country. This will lead to a fall in inflation rate and hence economic growth in the country.
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    IMPLICATIONS OF CHANGES IN ECONOMIC PLANNING FOR SUSTAINABLE DEVELOPMENT GOALS IN NIGERIA
    (Department of Economics, Nasarawa State University, Keffi., 2017-06-23) Salihu, Habibu Muhammed-Gani; Joseph, Osekweyi Odonye; Francis, Uger Iorbee; Sabo, Ajidani Moses
    The Nigerian economy has experienced booms, depressions and stagnation at various times in its history as a nation. Nigeria's economic managers have adopted several economic planning, and management techniques, including the classical, neo-classical, Keynesian and neo-Keynesian principles. Between 1962 and, 1985, Nigeria implemented four National Development Plans, which are woven around some specific objectives, including sectoral and regional balanced development, reduction in the levels of unemployment and underemployment and economic stability. Most of these objectives were achieved as it was reported by Anyanwu et al., (1997) that inflation rate, unemployment and poverty levels were quite low. But, the-worst- slump which started in early 1980s as a result ofcollapse in world oil market got Nigeria into a deep depression in 1986. The period 1980- 1986 was characterized by falling public expenditure; declining, productivity; high rates of inflation, unemployment and deterioration in the balance of payments; drastic decline in provision of social services, including education and health, and loss of confidence in those managing the economy (Ekpo, • 1992). Consequently, economic management technique has changed from economic planning of the 1962-1985 to economic recovery. Governments introduced a full blown Structural Adjustment Programme (SAP) in 1986, with the aim of recovering the economy and position it in the path of non-inflationary sustained growth and development within the medium term. In general, during the 1986 - 1994, the economy remained in a depression as shown by conventional economic indices of performance Thus the economy continued its journey in depression. Nonetheless, government continued to tpy to recover the system. The Abacha's regime dealt a heavy blow on SAP m 1994 by fixing theexchange rate of naira to other convertible
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    MACROECONOMIC POLICIES AND ECONOMIC DEVELOPMENT IN NIGERIA: (1990-2008) THE MISSING GAP
    (Department of Economics, Nasarawa State University, Keffi., 2011-01-02) Henry, Ahmed Eggon; Sabo, Ajidani Moses
    The paper evaluates the impact of macroeconomic policies on economic development in Nigeria during the 1990 - 2008. Various literature concerning macroeconomic policies and economic development were reviewed. A multiple regression technique was used to carry out the analysis. It was found that public capital expenditure, fuel price and balance of trade as well as bank total lending have positive impact on economic development. On the other hand, net foreign direct investment and dummy variable have negative impact on economic development in Nigeria. Thus, it is recommended that ‘ there is a need to introduce greater depth and comprehensiveness in the on - going macroeconomic policy, and more efficient utilization of foreign direct investment to make macroeconomic policies impact significantly on economic development in Nigeria.
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    AN OVERVIEW OF SMALL-AND MEDIUM-SCALE ENTERPRISES FINANCING IN NIGERIA
    (Department of Economics, Nasarawa State University, Keffi., 2012-03-23) Henry, Ahmed Eggon; Sabo, Ajidani Moses
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    Public expenditure, agricultural production and sustainable food security in Nigeria
    (Department of Economics, Nasarawa State University, Keffi., 2018-06-30) Sabo, Ajidani Moses; Salihu, Habibu Muhammed-Gani; Ibrahim, Abdul
    There has been persistent rise in prices of food items in Nigeria in the recent times contributing to compound food insecurity in the country. This study has examined the effect of public expenditure on agricultural production and sustainable food security in Nigeria. Ordinary least squares multiple regression technique using time series data was used to carry out the analysis. It was found that both government total expenditure and agricultural expenditure have significant positive effect on food security in Nigeria. It is therefore recommended that Nigerian government should continue to increase its total expenditure as well as agricultural expenditure so that more food items would be produced for domestic consumption to guarantee food security in the country.
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    RURAL-URBAN DIFFERNTIALS IN PRICES OF AGRICULTURAL COMMODITIES IN NASARAWA STATE, NIGERIA
    (Department of Economics, Nasarawa State University, Keffi., 2015-04-30) Henry, Ahmed Eggon; Sabo, Ajidani Moses
    The paper deals with rural-urban differentials in prices of agricultural commodities in Nasarawa state, Nigeria. It highlighted some determinants of rural-urban differentials in prices of agricultural goods in the state. Two-stage dummy variable regression models were used to measure the levels of inequality between rural areas and urban areas. It was found that the mean price of agricultural commodities in the urban centers is greater than that of the rural areas. The paper observes that inadequate demand in the rural areas and excess demand in the urban centers are some of the factors which have accounted for the differences. Other factors include inadequate infrastructural facilities in the rural areas, inadequate income earning opportunities in the rural and over population in the urban centers. Thus, it is recommended that government should provide modern storage facilities to encourage farmers to store their farm produce to guarantee price stability.