Browsing by Author "Shitu, Shuaibu Umar"

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    An Empirical Analysis of the Impact of ECOWAS Trade Liberalisation Scheme on Economic Growth in Nigeria
    (Department of Economics, Nasarawa State University, Keffi., 2021-06-08) Ibrahim, Abdul; Salihu, Habibu Muhammed-Gani; Ahmed, Bala I.; Shitu, Shuaibu Umar
    This study empirically analyses the impact of ECOWAS Trade Liberalisation Scheme (ETLS) on Economic Growth in Nigeria for the period 1990 -2018. Data from the CBN Statistical Bulletin and ECOWAS annual year book were used for the study.while the Auto Regressive Distributive Lag Model (ARDL) was employed to analyse the data. The findings reveal that ETLS is statistically significant in stimulating economic growth in Nigeria in both the long and short run for the period under review. Diagnostic tests confirm that the model is free from serial correlation, with residuals normally distributed. The CUSUM and CUSUMSQ show that the model is structurally stable while the Error Correction Mechanism (ECM) indicates that once there is disequilibrium in the system, it takes an average (high) speed of 42.6% to adjust itself back towards long-run equilibrium level. The study recommends that Nigerian government must as a matter of urgency come up with policies and programmes that will make Nigeria a key player in the effective implementation of the ECOWAS Trade Liberalization Scheme so as to stimulate economic growth and also the need to strengthen the mechanisms and streamline the procedures involved in the ETLS to be able to improve the intra-ECOWAS trade to desired levels as well as Nigeria should also initiate the process of the review of the ETLS Protocols in line with current realities and happenings in the trade arena such as the AFCFTA negotiation ongoing in the African Continent.
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    Impact of Capital Market on growth of the Manufacturing Sector in Nigeria
    (Department of Economics, Nasarawa State University, Keffi., 2022-06-07) Salihu, Habibu Muhammed-Gani; Ibrahim, Abdul; Shitu, Shuaibu Umar
    The study examined the impact of Capital Market on the Growth of Manufacturing Sector in Nigeria. Time series data was used. Due to the nature of the data, they were subjected to various tests such as unit root, co-integration and Granger causality tests. The study adopted is error correction mechanism technique to in thesetimation of the model. The regression result shows that the R2 is about 0.87 implying that the independent variables has explained about 85% of the variations in dependent variable. The Durbin Watson statistics is 1.9 which indicates a little presence of Auto correlation. The result further revealed that the coefficients of market capitalization and total new issue were negatively signed and statistical significant of 5% level of significance but the coefficient of value of capital transaction shows positive sign and statistical significant at 5% level of significance. This shows that value of capital transaction has positive and strong influence on manufacturing sector output within the time under review. The co-integration result revealed that there exist long-run relationship between manufacturing output and market capitalization. Also the result revealed that there was unidirectional causality between manufacturing sector output and capital market capitalization. Therefore, it is recommended among others that monetary authorities should supervise the capital market effectively to ensure the growth of manufacturing sector in Nigeria.
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    Socio-Demographic Correlates of Prison Adjustment Of Inmates of Keffi Medium Security Prison, Nasarawa State
    (Department of Psychology, Nasarawa State University Keffi, 2019-08-08) Tafida, Abubakar Musa; Dahiru, Hadiza Ibrahim; Shitu, Shuaibu Umar