Category Archives: International Journal of Management Studies, Business & Entrepreneurship Research, volume 6, number 2, 2021

GOVERNMENT EXPENDITURE ON THE AGRICULTURAL SECTOR AND ECONOMIC GROWTH IN NIGERIA

Jimmy, Vincent Gambo &Guluwa, Shadrach Ezekiel

Department of Economiccs

Plateau State University Bokkos, NigeriaEmail: vincentgambo@gmail.com

ABSTRACT

This paper looked at Government Expenditure on the agricultural sector and economic growth in Nigeria. To achieve this, time series data on Real Gross Domestic Product, GCEXP(Government Capital Expenditure on Agriculture) and GREXP (Government Recurrent Expenditure on Agriculture) in the Nigerian economy from 1980 to 2019 was gotten. The Auto Regressive Distributed Lag (ARDL) method was used to analyze the data. The study discovered that government expenditure on the agricultural sector has a significant impact on economic growth in Nigeria. The study recommends that Government should increase its level of expenditure to the agricultural sector, thereby providing more funding in the sector to raise its productivity and increase its contribution to economic growth in Nigeria. Another recommendation is that the Central Bank of Nigeria should come out with stable policy guideline to enable the commercial banks disburse loans to farmers at a very lower interest rate, in order to help them expand their production capacity.

Key words: Economic Growth, Gross Domestic Product, Government Expenditure

GOVERNMENT EXPENDITURE ON THE AGRICULTURAL SECTOR AND ECONOMIC GROWTH IN NIGERIA

Jimmy, Vincent Gambo &Guluwa, Shadrach Ezekiel

Department of Economiccs

Plateau State University Bokkos, Nigeria

Email: vincentgambo@gmail.com

ABSTRACT

This paper looked at Government Expenditure on the agricultural sector and economic growth in Nigeria. To achieve this, time series data on Real Gross Domestic Product, GCEXP(Government Capital Expenditure on Agriculture) and GREXP (Government Recurrent Expenditure on Agriculture) in the Nigerian economy from 1980 to 2019 was gotten. The Auto Regressive Distributed Lag (ARDL) method was used to analyze the data. The study discovered that government expenditure on the agricultural sector has a significant impact on economic growth in Nigeria. The study recommends that Government should increase its level of expenditure to the agricultural sector, thereby providing more funding in the sector to raise its productivity and increase its contribution to economic growth in Nigeria. Another recommendation is that the Central Bank of Nigeria should come out with stable policy guideline to enable the commercial banks disburse loans to farmers at a very lower interest rate, in order to help them expand their production capacity.

Key words: Economic Growth, Gross Domestic Product, Government Expenditure

EFFECT OF ENVIRONMENTAL DISCLOSURE PRACTICES ON PERFORMANCE OF CHEMICAL MANUFACTURING COMPANIES IN NIGERIA AND SOUTH AFRICA

Patrick Uzoka & Ogheneochuko Emmanuel Isito

Department Of Accountancy

Delta State Polytechnic, Ogwashi-Uku

Email: ogheneochukoisito1@gmail.com

ABSTRACT

This study evaluates the effect of environmental disclosure practices on performance of Chemical manufacturing companies in Nigeria and South Africa. The study comparatively evaluates the environmental disclosure level of chemical manufacturing companies in Nigeria and South Africa in 2017 financial year. The study adopted the ex post facto research design. The study adopts the environmental disclosure index of Fodio and Oba. Binary weight was assigned to the disclosure of these items in the financial report. The data was analyzed using multiple regression analysis. The finding reveals that environmental product disclosure has negative insignificant effect on the performance of chemical manufacturing companies in Nigeria and South Africa. The finding also shows that there is no statistical significant effect on the environmental disclosures of sustainability and pollution on the performance of chemical manufacturing companies in Nigeria and South Africa. The study recommends that chemical manufacturing companies quoted in Nigeria and South Africa should ignore the disclosure of environmental product as this will impact negatively on their performance. Also, the study recommends that Nigeria chemical manufacturing companies should increase their disclosure of environmental sustainability as this can enhance their performance. The South African chemical manufacturing companies should increase their disclosure on environmental pollution as this can enhance their performance.

Keywords: Environmental Disclosure, Performance, Sustainability, Pollution

ENTREPRENEURSHIP: AN OPTION FOR THE MITIGATION OF SOCIAL UPHEAVALS AMONG NIGERIAN YOUTHS

Michael Effiom& Anietie Efi

Department of Business Management

University of Uyo, P.M.B. 1017 Uyo, Akwa Ibom State

Email: mikefiom.power@yahoo.com

ABSTRACT

It was in congruence with the present situation in Nigeria as characterized by fear, threats to individuals’ lives of Nigerians and their property amidst hunger and unemployment that interest was developed to x-ray the possible strategic option of achieving national peace and normalcy. However, the topic coinage was an attempt to clinically assess the root causes of social unrest and other vices and the possible strategies of ameliorating them. Since this research was library based, it was gathered that the present security situation in Nigeria is championed by young citizens who are frustrated and lack confidence in the government that has practically marginalized most youths because of ethnicity and regional sentiments, precipitating from government weak decisions in terms of policies implementation and lack of transparency. The strain theory violence gave detail explanation of why the youth react the way they do, and it was further corroborated by the frustration theory as postulated by Atkinson and Atkinson (1975). Meanwhile, it was discovered that unemployment and weak educational system have made most youth lack confidence in themselves because of the automatic poverty effect this has plagued on them among other sufferings. Social infrastructures available were discovered to be not enough to encourage massive involvement in entrepreneurship. Similarly, government patronage of foreign manufactured products was also realized as a very demotivating factor. It was therefore recommended that clear communication channels should be established so that the youth can relate freely with their political leaders at all levels of government. Finally, it was also recommended that entrepreneurship support infrastructure be made sufficient in the country as this would also checkmate the rural-urban migration of persons. 

Keywords: Restiveness, infrastructure, unemployment and entrepreneurship

CULTURAL GLOBALISATION: THE NOLLYWOOD PERSPECTIVE AND ITS IMPLICATION FOR MANAGEMENT

Mbwa Williams Adiak

Department of Management Studies,

Plateau State University, Bokkos.

Email: mwadiak1@gmail.com

ABSTRACT

No concept has dominated discourse globally in recent times as globalisation, largely on account of its impact on virtually all aspects of society. With culture being the symbol and architect of the society, it becomes logical that its being the soul of globalisation would be an issue that can be hardly debated. This paper set out to establish not only that but also the implication for management as the process of not just stabilising but also ensuring societal progress, using literature review of their conceptual, theoretical and empirical frameworks. The review shows that Nollywood, the surprise culture industry of all time, by globalising Nigerian and African culture, has succeeded in shaping or repositioning the global cultural industry by either enthroning or uniquely optimising quite a number of management practices and theories in the global cultural industry. Besides, some obvious defects have been turned into sources of competitive advantage in the global realm with the resulting phenomenal rise to global prominence as the second largest industry by volume. Keywords: Culture, Globalisation, Management implication, Nollywood