Two major approaches have emerged as alternatives to classical bureaucratic government, the new Public management and the governance approach. Although both learn to some extent from each other and evolve by taking ideas from one another they, in many ways, can be positioned as opposites with which governments can tackle the increasing complexity of policy processes, implementation and service delivery. While the new public management focuses on getting the goals right and then leaves the implementation to separate bodies, governance is very much preoccupied with combining different perceptions on goals and tries to improve inter-organizational cooperation. This study compares both perspectives.
1Hilary
Eshidenang Ushie, 2Sunday Akiri & 3Agya Atabani Adi
1University
of Calabar Microfinance Bank
2Department
of Economics, Benue State University, Makurdi
3Department
of Economics, Federal University Wukari.
Email:
ushiehilary@gmail.com
ABSTRACT
This study examines the relationship
between foreign portfolio investment and economic growth in Nigeria from 1986
to 2018. Data for the study were gathered from secondary sources and analyzed
with the use of both descriptive and inferential statistical methods. The Toda
Yamamoto Non- Causality test was used to ascertain the nature of relationship
between Foreign Portfolio Investment and economic growth. The impulse response and
variance decomposition were used to examine the response of economic growth to innovations
in foreign portfolio investment in Nigeria. The Toda Yamamoto Non- Causality
result revealed that there is a bi-directional relationship between foreign
portfolio investment and economic growth and the impulse response revealed that
economic growth responded positively and permanently to shocks in foreign
portfolio investment in Nigeria after the second period of forecast. The study recommends that the government
should encourage the inflows of foreign portfolio investment by making
investment friendly policies that would attract foreign investment into the
country. Also emphasis should be directed toward
maintaining peace and avoidance of debt overhang.
Keywords: Foreign Portfolio Investment, Economic Growth, Toda Yamamoto, Nigeria.
This research paper
examined the daily exchange rate of the South African (ZAR) and the Nigerian Naira
(NGN) which starts from 11th March, 2017 and 9th September,
2017 reveals an abrupt change on 4th August, 2017 in further favour
of the Rand. This change is significant as the pre-intervention series was stationary.
The pre-invention series was modeled as ARMA (3,12) model using Augmented
Dickey Fuller unit root test which was adjusted to fit the model to be stationary. An
intervention model was obtained and the post-intervention data closely agreed
with the forecast data.
This study examines the relationship
between organisational culture and the performance of employees in Nigerian organisations,
as most of the focus has been on organisational performance. It focuses on
specific cultural traits of involvement, consistency, adaptability and mission,
using the Denison Organisational Cultural Survey model, involving 139 employees
of 7 offices of large-scale organisations in Jos metropolis. The data collected
through structured questionnaires were analysed using the Pearson Correlation Coefficient,
validated by Linear Regression Analysis, which resulted to significant positive
relationships being established between involvement, adaptability and mission
and the performance measures of quality output/service delivery, quantitative target
achievement and job satisfaction. However, when subjected to regression
analysis, only involvement and adaptability were found to have significant
effect on employee performance. These results have been discussed, with
appropriate recommendations and suggestions made.
Ignatius Ajuru University of Education, Rumuolumeni Port
Harcourt
ABSTRACT
This study investigated Virtual Reality and Patronage of
Hospitality Sector in Port Harcourt. One
Hundred and Forty manager staff of hospitality sector staff in Port Harcourt
were studied. Out of the 140
questionnaires distributed, 120 copies representing 91% were duly completed and
returned upon which the analysis as done.
The four research questions were answered using mean and standard
deviation, while the four hypotheses were tested using the Pearson Product
Correlation Coefficient (PPMC). The
reliability testing was done using SPSS version 23 Crumbach Alpha at .95>.71
indicating that the instrument were highly reliable. The 40 items questionnaire instrument was
validated by a senior lecturer in the department of Marketing, Ignatius Ajuru
University of Education. The findings
showed that Hypothesis
one p-value of .671>.05 which implies that virtual
reality has no influence on hospitality patronage in Port Harcourt hypothesis 2
p-value of .041<.05 which implies that Customer virtual experience affect
purchase intention of hospitality patronage in Port Harcourt. Hypothesis 3
p-value of .447>.05 which implies that customer virtual presence does not
affect service quality of hospital patronage in Port Harcourt. Hypothesis 4 p-value of
.012<.05 implying that there is customer
virtual perception influences repeat purchase of hospital patronage in Port
Harcourt. The study recommended that Since virtual
reality has no influence on hospitality patronage in Port Harcourt,
practitioners should lay more emphasy and effort in ensuring greater awareness
of the new technology. Customer virtual experience affect purchase intention of
hospitality patronage in Port Harcourt, the management of hospitality homes
should therefore invest in virtual reality as it will influence purchase
intention of customers. Customer virtual presence does not affect service
quality of hospital patronage in Port Harcourt, management of hospitality homes
should engender more presence of virtual presence. Customer virtual perception
influences repeat purchase of hospital patronage in Port Harcourt, virtual
perception should therefore be made attractive to tourists and for hospitality
patronage in Port Harcourt.
Key Words: Virtual Reality, Patronage, Hospitality Sector, Port Harcourt
This study performed time series
modeling of and Exchange rates. Monthly data spanning from
January 2007 to December 2018 was used. Data was sourced from the Central Bank
of Nigeria statistical bulletin. The models employed were model, model and Granger Causality test. Both series
were stationary at first difference. The All Share Index of the Nigerian Stock
Exchange suggests ARIMA a white noise process, and at such, model was adopted, while USD/NGN exchange rate
suggested model, but residual were conditionally
heteroskedastic, hence model was also adopted and estimated and they
Granger Cause each other.
The
problems of rising social vices and poverty is associated with the increase in
unemployment especially among the youths in Nigeria, more youths graduate from
tertiary institutions of learning only to face limited employment opportunities
that are difficult to secure. One of the solutions to the problems of graduates’
unemployment in Nigeria is the promotion of entrepreneurship and venture
creation among students in tertiary institutions with a view to prepare them to
be job creators and not job seekers after graduation. Entrepreneurship can help
reduce increasing rate of employment if encourage in the right way. The study
seeks to find out the prospect and challenges of entrepreneurship and venture
creation among graduates of tertiary institutions in Nigeria with Plateau state
as a case study. Using the survey method of data collection, sample size of 800
questionnaires were administered, 720 were retrieved and 620 valid
questionnaires were analysed after sorting. The questionnaire combined multiple
choice closed and opened ended questions. A multistage sampling was adopted
where the state is stratified into three senatorial zones, 4 Local Government
Areas (LGA) from each of the senatorial zones were identified and graduates of
tertiary institution were thereafter randomly selected. The study adopted the
descriptive and evaluation methods of data analysis to analyse data gathered. Findings
revealed that entrepreneurship opportunities exist in Plateau State and that
more graduates are willing to venture into business creation provided there is
an enabling environment. The findings also found that entrepreneurship and
venture creation in Plateau state is faced with a lot of challenges among which
include challenging environment for entrepreneurship practice and venture
creation, limited access to start-up capital for intending graduates,
unfavourable government policies, inadequate infrastructures especially in the
rural areas among other challenges. The study recommends entrepreneurship
education be sustained in all tertiary institutions in Nigeria, creating enabling
environment by policy makers to encourage new start-up business and small and
medium enterprises, access to reasonable interest loan in financial
institutions that is less stringent and infrastructures should be provided in
the rural areas among other recommendations.
Two major approaches have emerged as alternatives to classical bureaucratic government, the new Public management and the governance approach. Although both learn to some extent from each other and evolve by taking ideas from one another they, in many ways, can be positioned as opposites with which governments can tackle the increasing complexity of policy processes, implementation and service delivery. While the new public management focuses on getting the goals right and then leaves the implementation to separate bodies, governance is very much preoccupied with combining different perceptions on goals and tries to improve inter-organizational cooperation. This study compares both perspectives.
This research paper
examined the daily exchange rate of the South African (ZAR) and the Nigerian Naira
(NGN) which starts from 11th March,2017 and 9thSeptember,2017
reveals an abrupt change on 4th August,2017 in further favour of the
Rand. This change is significant as the pre-intervention series was stationary.
The pre-invention series was modeled as ARMA(3,12) model using Augmented Dickey
Fuller unit root test which was adjusted to fit the model to be stationary. An
intervention model was obtained and the post-intervention data closely agreed
with the forecast data.
This study examinesthe relationship
between organisational culture and the performance of employees in Nigerian organisations,
as most of the focus has been on organisational performance.It focuses on
specific cultural traits of involvement, consistency, adaptability and mission,
using the Denison Organisational Cultural Survey model, involving 139 employees
of 7 offices of large-scale organisations in Jos metropolis. The data collected
through structured questionnaires were analysed using the Pearson Correlation Coefficient,
validated by Linear Regression Analysis, which resulted to significant positive
relationships being established between involvement, adaptability and mission
and the performance measures of quality output/service delivery, quantitative target
achievement and job satisfaction. However, when subjected to regression
analysis, only involvement and adaptability were found to have significant
effect on employee performance. These results have been discussed, with
appropriate recommendations and suggestions made.
