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1

F. T., Akinrujomu, Momodu G. I., Osuwah O. C., and Ononiwu O. N. "Accountability and Economic Development in Nigeria." African Journal of Accounting and Financial Research 7, no. 3 (2024): 188–206. http://dx.doi.org/10.52589/ajafr-l33qnxov.

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This study sought to examine the accountability and economic development in Nigeria. Specifically, the study determined the effect of accountability on the level of gross domestic product in Nigeria and evaluated the effect of accountability on the level of public capital expenditure in Nigeria. Ex-post facto research design was employed, and data was gathered from the World Development Index (WDI) and Central Bank of Nigeria (2014-2023). In order to evaluate the analysis, two hypotheses were tested using an auto-regressive distributed lag approach. The findings revealed that there is a signif
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IRIABIJE, Alex Oisaozoje, Bassey Essien ETTAH, and Nkemjika NWOSU. "Capital Expenditure and Economic Development: Implications for Economic Planning in Nigeria." International Journal of Research and Innovation in Social Science VII, no. IX (2023): 823–37. http://dx.doi.org/10.47772/ijriss.2023.70970.

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This study examines capital expenditure and economic development: implications for economic planning in Nigeria from 1990-2020. Specifically, the study seeks to examine the effect of capital expenditure on economic growth as a prerequisite for planning, and to examine the effect of some selected sectors as a tool for planning in Nigeria. The study employs the Autoregressive distributed lag bound (ARDL) technique and descriptive statistics to address the specific objectives. The study reveals that capital expenditure significantly impact economic growth both in the short run and in the long run
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Adebayo, Kafilat Motunrayo. "Russia’s Assistance to Nigerian Economic and Educational Development(1999 – 2019)." Международные отношения, no. 2 (February 2020): 1–8. http://dx.doi.org/10.7256/2454-0641.2020.2.32716.

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Abolishing poverty and ensuring improvement of educational development indicators have been described as some of the objectives for international assistance. This study seeks to comprehend the role of Russia in the development of the African continent’s most populous country, Nigeria, the factors that limited their success and the opportunities for increasing effectiveness of such efforts. Russia intervention in Nigeria economic and educational development took a new turn after Nigeria returned to democratic rule in 1999. The existence of the largest Russian investor (RUSAL) in the N
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Anderu, KEJI Sunday, and KEJI Oluwaseun Tosin. "Public expenditure on infrastructural development and economic growth: Evidence from Nigeria." Jurnal Perspektif Pembiayaan dan Pembangunan Daerah 11, no. 2 (2023): 129–42. http://dx.doi.org/10.22437/ppd.v11i2.21064.

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This research investigated the nexus between public spending on infrastructural development and economic growth: evidence from Nigeria. As a matter of urgency, there is a need for the Nigerian government to invest in infrastructure for sustainable economic growth since infrastructural development touches all human fields of endeavors in one way or another. Notably, despite the country’s pole position in the economic ranking in Africa, Nigeria’s infrastructural state still falls short, which has led to negative economic growth in recent years. Therefore, it is pertinent in this study to unr
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Ogiemudia, Omorose A., Igbinovia Lawson Eghosa, and Amenze S. Airhiavbere. "MICROFINANCE BANKS OPERATIONS AND ECONOMIC DEVELOPMENT IN NIGERIA." Oradea Journal of Business and Economics 7, no. 2 (2022): 75–86. http://dx.doi.org/10.47535/1991ojbe158.

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The paper explored the influence of Microfinance Banks (MBs) on Economic Development (ED) in Nigeria. It was embarked upon against the background that as statutory function, loans should be provided by MBs to spur developmental purposes that will improve long run living standard. Microfinance annual data stream sourced from the country’s Central Bank of Nigeria (CBN) statistical report and World Bank national accounts data spanning 1992 to 2020 were analysed with Autoregressive Distributed Lag (ARDL) ECM Model. Following detailed time series estimation, findings reveal that MBs, investment, as
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King David, Nnordee Bariagara, and Poyeri James Binatari. "Security Challenges and Economic Development in Emerging Economics: The Nigeria Experience." IIARD International Journal of Economics and Business Management 9, no. 8 (2024): 114–17. http://dx.doi.org/10.56201/ijebm.v9.no8.2023.pg114.117.

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The study focused on security challenges and economic development in emerging economic in Nigeria and solutions. The continuous rise in insecurity and deterioration in the economic development in Nigeria call for a concern among researchers and policy makers over the years. Nigeria has witnessed an unprecedented security challenge occasioned by the activities of militants in the South-South region, kidnappers in the south east, violent armed robbery in almost parts of the country, political assassination, ritual killings and more recently activities of Boko Haram in some parts of the northern
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Ewubare, Dennis Brown, and Godwin Dave Odu. "Migration and Economic Development in Nigeria." International Journal of Research and Innovation in Social Science VIII, no. XII (2025): 2561–72. https://doi.org/10.47772/ijriss.2024.8120216.

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The study investigated the effect of migration on economic development in Nigeria from 1981 to 2021. The study used poverty (PVT) to proxy economic development as the dependent variable while net migration rate (NMG), international migration stock (IMG) and rural-urban migration (RBM) were used as the explanatory variables. Descriptive statistics, unit root test, bound cointegration test, as well as Autoregressive distributed lag (ARDL) were employed to analyse the data. The study reveals that both in the short run and long run, net migration (NMG) had a negatively insignificant impact on econ
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8

Toba Olakunle, Abiloro, and Akinnigbagbe Victor Makinde. "CORRUPTION, DEMOCRACY AND ECONOMIC DEVELOPMENT IN NIGERIA." INTERNATIONAL JOURNAL OF RESEARCH IN SOCIAL SCIENCES & HUMANITIES 12, no. 03 (2022): 511–31. http://dx.doi.org/10.37648/ijrssh.v12i03.029.

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Corruption has a way of influencing social economic and political factors of any nation directly and (or) indirectly through the country’s institutional framework. The basis of both ‘grease the wheels’ and ‘sand the wheel’ hypotheses of corruption lie in the interaction between corruption and institutional features, hence the need for democracy. This study empirically investigated the impact of corruption on economic development by incorporating the institutional feature (democracy) in Nigeria. The study used primary source of data. The population of the study was made up of staff of all 16 of
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Leo, Mr Jonathan Gimmy. "National Innovation System and Economic Development in Nigeria." International Journal of Research and Scientific Innovation 09, no. 07 (2022): 35–47. http://dx.doi.org/10.51244/ijrsi.2022.9704.

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The paper analyzed the National Innovation System (NIS) and economic development in developing countries like Nigeria. The objectives of the paper were to examine the nature of innovation systems in Nigeria. It also investigates the effects of NIS on economic growth and development in Nigeria. The review of literature suggests that NIS is more than just technological innovations, it includes the interrelationships between firms, governmental institutions, NGOs, and international institutions who engage in one form of R&D activity or the other in a country. The paper employed both descripti
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Yahaya Sanusi, Lawal, and Yahaya Saadu. "DEVELOPMENT PLANNING FINANCING AND ECONOMIC DEVELOPMENT IN NIGERIA." GOMBE JOURNAL OF ADMINISTRATION AND MANAGEMENT (GJAM) 7, no. 1 (2025): 152–58. https://doi.org/10.64290/gjam.v7i1.1263.

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Government at all levels is established to among other things provide social welfare services to their populace either directly or indirectly, with a view to improve their standard of living and which at long run reflect on the nations’ growth and progress. To realize this there is the need for development planning. However, development panning financing is a huge task on the hands of the successive Nigerian government because it’s an exercise that requires tactics and strategies before it can be effectively implemented. Nigerian state has endured a several years of underdevelopment, recession
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Augustine, Umukoro. "Government Sectoral Expenditures, Economic Growth and Development in Nigeria." International Journal of Recent Innovations in Academic Research 8, no. 7 (2024): 27–39. https://doi.org/10.5281/zenodo.13221243.

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This study examined the impact of government sectoral expenditures on economic growth and development in Nigeria<strong> </strong>from<strong> </strong>1986 to 2022. GDP was used to measure economic growth, while the United Nations Human Development Index was used to measure economic development. The data was obtained from Central Bank of Nigeria Statistical Bulletin (2022) and United Nations Human Development Report (various issues). The analysis was carried out using autoregressive distributed lag (ARDL) regression technique. The study revealed that government expenditures on education has n
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12

Twaliwi, Zwingina Christy, Ndubuisi O. C., and E. A. Adegun. "INTERNATIONAL TRADE AND ECONOMIC DEVELOPMENT IN NIGERIA." JOURNAL OF APPLIED FINANCIAL ECONOMETRICS 3, no. 1 (2022): 65–77. http://dx.doi.org/10.47509/jafe.2022.v03i01.04.

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The benefit of international trade had not been noticed in the economic growth of Nigeria because some of the goods imported into the country were those that can cause damages to local industries by rendering theirs products inferior and being neglected , thereby reducing the growth rate of output of such industries which later spread to aggregate economy. The work investigated the extent to which international trade impacted global economic development with particular reference to the Nigerian economy between 1986 and 2018. The data employed for this study are basically annual time series dat
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Biose, Henry. "GAS PIPELINES IN NIGERIA: SINE QUA NON FOR ECONOMIC DEVELOPMENT." International Journal of Engineering Technologies and Management Research 6, no. 4 (2020): 18–33. http://dx.doi.org/10.29121/ijetmr.v6.i4.2019.366.

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The study reviewed the gas pipeline development in Nigeria and outlines needed strategies needed for sustainable development of gas pipeline for socio-economic development in Nigeria. There is inefficient gas pipeline development framework in Nigeria, based on the existing monopoly of the Nigerian Gas Processing and Transportation Company Limited (NGPTC) managing 1,500 to 2,000 km of gas pipeline all over Nigeria, while this is grossly inadequate to meet the domestic supply obligation. Extensive review of related literature was employed to obtain relevant data and information on the Nigerian g
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14

Henry, Biose. "GAS PIPELINES IN NIGERIA: SINE QUA NON FOR ECONOMIC DEVELOPMENT." International Journal of Engineering Technologies and Management Research 6, no. 4 (2019): 18–33. https://doi.org/10.5281/zenodo.2653083.

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The study reviewed the gas pipeline development in Nigeria and outlines needed strategies needed for sustainable development of gas pipeline for socio-economic development in Nigeria. There is inefficient gas pipeline development framework in Nigeria, based on the existing monopoly of the Nigerian Gas Processing and Transportation Company Limited (NGPTC) managing 1,500 to 2,000 km of gas pipeline all over Nigeria, while this is grossly inadequate to meet the domestic supply obligation. Extensive review of related literature was employed to obtain relevant data and information on the Nigerian g
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15

Sangoleye, Johnson, Lawrence Ohale, and Joseph Bidemi Obayori. "Exports Trade and Economic Development in Nigeria." International Journal of Novel Research in Marketing Management and Economics 10, no. 3 (2023): 1–10. https://doi.org/10.5281/zenodo.8366442.

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<strong>Abstract:</strong> This study examined the impact of export trade on economic development in Nigeria from 1981 to 2021. The increasing clamour for the diversification of the Nigerian economy from oil and the rising level of unemployment, poverty and price level informed the choice of carrying out this study. To achieve the objectives of the study, data on gross domestic product per capita, non-oil export and oil export was sourced from the Central Bank of Nigeria Statistical Bulletin and analysed using the Parsimonious Error Correction Model (PECM) after conducting basic analyses like
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Chinyere, Iheoma Erondu, and Iheanacho Erondu Udochukwu. "Youth Entrepreneurship: A Path to Nigeria's Development." International Journal of Social Science And Human Research 06, no. 12 (2023): 7678–82. https://doi.org/10.5281/zenodo.10409325.

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The world is constantly in a state of flux. Contemporary realities such as the Internet revolution with the accompanying Information Age appear to have placed young people above other demographic categories. Increasingly, young people between their teens and early adulthood have been taking very active parts in economic activities and leading critical sectors, especially IT, banking, and small and medium-scale enterprises (SMEs). Their unmatched compliance and savviness in the use of the virtual space have exposed them to limitless knowledge and opportunities that hitherto were difficult to ac
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17

Odey, Ferdinand Ite, Lovina N. Onwuneme, and Victor Edet Ebiefie. "Globalization and Economic Development Nexus in Nigeria." IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT 8, no. 2 (2022): 11–26. http://dx.doi.org/10.56201/ijebm.v8.no2.2022.pg11.26.

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This study seeks to investigate the impact of globalization on economic development in Nigeria. The study employed annual time series data sourced from the Central Bank of Nigeria, World Development Indicators and Swiss Institute of Technology. Economic globalization was represented by globalization index while economic development was proxy by per capita GDP. Autoregressive Distributive Lag (ARDL) estimation technique was used to establish the long run relationship among the variables, while granger causality was used to establish the direction of causality. It was revealed that long run rela
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18

UDEORAH, Sylvester Favor, Lateef Olarotimi YUSUF, and Christian O. AMADI. "Tax Revenue and Economic Development in Nigeria." INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT 7, no. 5 (2023): 69–80. http://dx.doi.org/10.56201/ijefm.v7.no5.2022.pg69.80.

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The study used ARDL model to examine tax revenue and economic development in Nigeria from 1999-2020. Thus, the objective is to determine the impact of indirect tax revenue (import duty and export duty) on economic development in Nigeria. This study employed ex-post- facto research design and used semi-annual data collected from Central Bank of Nigeria (CBN) statistical bulletin. The study adopted the econometric analysis of unit root test and the technique of auto regressive distributed lag (ARDL) model. Based on the empirical results, exports tax revenue positively impacted on economic develo
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19

Moses O. Ichime, Titus O. Awogbemi, and Chigoziem T. Ezi. "ECONOMIC DIVERSIFICATION: AS PANACEA FOR SUSTAINABLE ECONOMIC GROWTH IN NIGERIA." International Journal of Advanced Economics 6, no. 4 (2024): 65–75. http://dx.doi.org/10.51594/ijae.v6i4.1055.

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For many years, the Nigerian economy has been precariously reliant on crude oil, a single, volatile commodity, for its sustenance. As a result, its growth trajectory has been uneven and influenced by fluctuations in oil prices. It is concerning that Nigeria has neglected the development of its non-oil sector over the years and has become increasingly dependent on the oil industry to raise money. This paper examines the impact of the non-oil sector on the long-term growth and development of the Nigerian economy using a time series dataset from 1980 to 2016 obtained from the Central Bank of Nige
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Anyanwu, John C. "Stock Market Development And Economic Growth in Nigeria." Vision: The Journal of Business Perspective 2, no. 1 (1998): 33–38. http://dx.doi.org/10.1177/09722629x98002001006.

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Is the stock market development important for economic growth in Nigeria? One line of research argues that it is not; another line stresses the importance of stock market development in allocating capital, acquisition of information about firms, easing risk management, mobilization of savings, and exerting corporate control. Indeed, some theories provide a conceptual framework for the belief that larger, more efficient stock markets boost economic growth. This article examines whether there is a strong empirical association between Nigerian stock market development and long-run economic growth
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Onyernama, Jude Chidi, Bamidele Joseph Adekunle, Chijioke Egwu, and Chioma Obi Ada. "Poverty Alleviation Programs and Economic Development Evidence from Nigeria." International Journal of Business and Applied Economics 3, no. 2 (2024): 323–24. http://dx.doi.org/10.55927/ijbae.v3i2.8621.

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This work observes the influence of poverty alleviation programs on economic development evidence from Nigeria. Despite various poverty alleviation programs implemented by various past and present governments in Nigeria,it seems that this menace is still living with us. Therefore, the aim of this paper is to find out theorigin of poverty alleviation programmes in Nigeria, the approaches and strategies that Nigerian government has applied to reduce poverty, the appraisal or outcomes of poverty alleviation programmes and the constraints of the programmes in Nigeria.This study covers the period b
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Erasmus, Eneisik Gogo, Moses Kpane Uwikor, and Ayasa Juanah Fred. "Public Expenditure and Economic Development in Nigeria." IIARD INTERNATIONAL JOURNAL OF BANKING AND FINANCE RESEARCH 9, no. 1 (2023): 1–23. http://dx.doi.org/10.56201/ijbfr.v9.no1.2023.pg1.23.

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Money market obviously has been among the prominent topics in global discourse concerning steering an economy on an even keel. Nigerian economy has been battling with inflation for the past seven years and it is becoming worse since 2022 with unprecedented galloping inflation with its resultant untold economic discomforts. Consequently, this study with an annual data range 1990 – 2021 is an evaluation of the impact of money market instruments on price stability in Nigeria. using indicators such as Treasury Bills (TB), Discount Windows (DCW), Mutual Funds (MTF), and Risk Premium Lending rate (R
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Ofurum, Clifford Obiyo, and Siminalayi Joseph Fubara. "Public Debt and Economic Development: An Empirical Evidence from Nigeria." Archives of Business Research 10, no. 7 (2022): 79–91. http://dx.doi.org/10.14738/abr.107.12728.

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This study investigates the impact of public debt on economic development in Nigeria. The objective is to empirical study the relationship between public debt and economic development in Nigeria between 1980 and 2019. Data were collected from the Central Bank of Nigeria (CBN) Statistical bulletin, and the Augmented DiDickey-FullerADF), Autoregressive Distributed Lag (ARDL), and Granger Causality were used to test the hypotheses and analyse the data. The results indicate that foreign debt servicing does not have a significant impact on Nigerian real GDP. Foreign debt servicing has a negative bu
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Ofurum, Clifford Obiyo, and Siminalayi Joseph Fubara. "Public Debt and Economic Development: An Empirical Evidence from Nigeria." Advances in Social Sciences Research Journal 9, no. 7 (2022): 462–74. http://dx.doi.org/10.14738/assrj.97.12714.

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This study investigates the impact of public debt on economic development in Nigeria. The objective is to empirical study the relationship between public debt and economic development in Nigeria between 1980 and 2019. Data were collected from the Central Bank of Nigeria (CBN) Statistical bulletin, and the Augmented DiDickey-FullerADF), Autoregressive Distributed Lag (ARDL), and Granger Causality were used to test the hypotheses and analyse the data. The results indicate that foreign debt servicing does not have a significant impact on Nigerian real GDP. Foreign debt servicing has a negative bu
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Matthew, Oluwatoyin Augustina, Abiola Ayopo Babajide, Romanus Osabohien, et al. "Challenges of accountability and development in Nigeria." Journal of Money Laundering Control 23, no. 2 (2020): 387–402. http://dx.doi.org/10.1108/jmlc-10-2019-0086.

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Purpose The purpose of this paper is to examine the challenges of accountability and development in Nigeria. In the literature, corruption is seen as an indicator of a lack of political accountability in most countries of the world, especially in less developed countries such as Nigeria. The Nigerian Government has taken several actions to address the problems of bad governance and corruption that have impeded economic development, but unfortunately these measures have not yielded the desired results. Design/methodology/approach Thus, this study examined accountability and developmental issues
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Ijeoma Adaku Akakuru, Okechukwu Egbeiyi, Chiemena Chinwendu Onyema, and Ojiugo Chijinwa Akakuru. "Nigerian economic growth: Dependence of agricultural development on oil exploration." Open Access Research Journal of Multidisciplinary Studies 3, no. 1 (2022): 095–101. http://dx.doi.org/10.53022/oarjms.2022.3.1.0040.

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The implication of oil industries in Nigeria on the development of her agricultural sector was evaluated in this study. Oil exploration in Nigeria dates back to 1937 and has seen the rise of numerous oil industries in oil-producing states of the country. However, the oil boom has ushered various drawbacks to other key sectors of the Nigerian economy, such as the agricultural sector. This research therefore investigated at the operations of the oil as it affects the country’s agricultural sector and the economic development in general. Data were collected by questionnaire, interview, and observ
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Osayi Valentine Igbinedion and Akemieyefa Matthew. "Diaspora remittance, financial system and sustainable economic development in Nigeria." Journal of Management and Science 13, no. 3 (2023): 19–27. http://dx.doi.org/10.26524/jms.13.30.

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The Study x-rayed diaspora remittance, the Nigerian financial system and sustainable economic development in Nigeria. The study used remittance inflows as measure of Diaspora Remittance and the Gross Domestic Product (GDP) as a measure of sustainable economic development. The study examined the absorptive capacity of the Nigerian financial system to mobilize diapora remittance and transform same into sustainable economic growth and development. Content Analysis (CA) technique was deployed to analyse and examine the data collected from the Central Bank of Nigeria (CBN) Statistical Bulletins for
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Ijirshar, V. U., J. T. Sopko, H. E. Ushie, and K. T. Adzer. "Innovation and Economic Structural Changes in Nigeria: A Pathway Towards Attaining Economic Growth." CARD International Journal of Social Sciences and Conflict Management 5, no. 2 (2020): 28–57. https://doi.org/10.5281/zenodo.7966800.

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The study examines the relationship between innovation and economic structural changes as a pathway towards attaining economic growth in Nigeria. The study covers 1986 to 2018. The study is based on the Auerbach-Kotlikoff (AK) model, product variety theory, and the Schumpeterian theory of growth. Vector Error Correction (VEC) Granger Causality test was used to examine the causal relationship between innovation and economic structural changes and the Vector Error Correction test was used to examine the influence of innovation and economic structural changes on economic growth in Nigeria. The st
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Chiedozie, Nwosu, Ngwuta Aloh, Okechukwu Ibiam, Felix Nwankwo, Gabriel Ikpolo, and Harrison Iwuala. "Nigeria-China Relations and Economic Development." African Journal of Politics and Administrative Studies 17, no. 1 (2024): 758–80. http://dx.doi.org/10.4314/ajpas.v17i1.37.

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This work explored the dynamics of Nigeria-China relations from the political and economic points of view between 1999-2023. The primary concern of this paper is to discern the extent Nigeria-China relations is mutually beneficial and how Nigeria can stand to gain more if the relationship is properly aligned to Nigeria’s national interest. The central argument of this work is that Nigeria stands to gain more from China than from the West bearing in mind the fact that over one hundred years of Africa’s relationship with the West has been largely exploitative and disadvantageous. In this regard,
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Raymond Onyedikachukwu, Omeni-Pius,. "Information and Communications Technology (ICT) and Digital Economic Development in Nigeria." International Journal of Research and Innovation in Social Science IX, no. V (2025): 4691–96. https://doi.org/10.47772/ijriss.2025.905000359.

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Nigeria has been hard hit with poverty and crisis leading to an immense effect on the quality of social, cultural and political lives of the citizenry. This in a number of ways has led to a slow economic developmental growth of a nation that is adjudged the giant of the continent. The role played by ICT in supporting economic development may be considered as an alternative path to economic development in Nigeria. Economic drivers of most developed and developing nations are believed to be anchored on their population growth, GDP per capita, inflation rate and most importantly ICT. This study e
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Accord, Aja. "YOUTH EMPOWERMENT FOR SUSTAINABLE ECONOMIC DEVELOPMENT IN NIGERIA." International Journal of Innovative Research in Social Sciences and Strategic Management Techniques 7, no. 1 (2020): 136–42. http://dx.doi.org/10.48028/iiprds/ijirsssmt.v7.i1.09.

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Youth empowerment is the key to sustainable development. Nigeria which stands as the youngest population in Africa has more than 50% of her population fall within the age range known as Youths (16-39)(NBS Report, 2018).The implication of this reality is that Nigeria has a massive prospect for economic development but that will be if the country can efficiently harness this human resources efficiently. Though numerous youth empowerment programs have been put in place by the Nigerian government, those programs lack sustainability. Today, the sad reality is that most of the youths in Nigeria are
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Grace Oyeyemi Ogundajo, Adegbemi Babatunde Onakoya, Enyi Patrick Enyi, and Tunji T. Siyanbola. "Financial Institutions’ Inter Mediation and Economic Development in Nigeria." Journal of Accounting and Finance in Emerging Economies 5, no. 1 (2019): 33–46. http://dx.doi.org/10.26710/jafee.v5i1.723.

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This paper examines the effect of intermediation capacity of the financial institutions on the Nigerian economic development (Real Gross Domestic Product (RGDP). It is a causal-effect relationship study which made use of macro data obtained from Central Bank of Nigeria (CBN) Statistical Bulletin from the period 1981-2016. The result of the Johansen co-integration test and ARDL bound test evidenced that there exist a long-run relationship between financial institutions’ activities and real GDP. ARDL regression model showed financial institution activities, particularly the loans to the private
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Agunbiade, Olabode. "Insecurity and Nigeria’s Socio-Economic Development." African Journal of Social Sciences and Humanities Research 7, no. 2 (2024): 166–81. http://dx.doi.org/10.52589/ajsshr-pgkpnw8k.

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Many scholars have identified insecurity in Nigeria as one of the major reasons for the country’s continuous under-development. This paper analyzes the effects of insecurity on the socio-economic development of Nigeria, with the main objective of proffering policy solutions to address insecurity challenges that have almost brought the county to her knees and stunted her development. The paper adopted the conflict theory propounded by Karl Marx as the theoretical framework to interrogate the causes of insecurity and the effects on various aspects of the Nigerian socio-economic system. The study
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Dr, (Mrs) OJO Grace Ayodele (Ph.D). "Roles of Social Studies in Curbing Kidnapping and Enhancing Socio-Economic Development of Nigeria." Euro Afro Studies International Journal (EASIJ) ® 2, no. 1 (2022): 24–37. https://doi.org/10.5281/zenodo.6327646.

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The study examined the roles of social studies in curbing kidnapping and enhancing socio-economic development of Nigeria. The study reviewed the concept of Social Studies, global origin of kidnapping, origin of kidnapping in Nigeria, role of Social Studies in curbing kidnapping in Nigeria, and role of Social Studies in promoting socio-economic development of Nigeria. Kidnapping entails unlawful carting away of a person or persons by violence against his or her will, with the ultimate goal of achieving a specific goal including financial, political, social or religious benefits. To say that kid
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Edward, Aigbedion, Alwell Nteegah, and Obindah Gershon. "Carbon Footprint Reduction and its Impact on Economic Development in Nigeria." IIARD International Journal of Economics and Business Management 9, no. 10 (2024): 30–40. http://dx.doi.org/10.56201/ijebm.v9.no10.2023.pg30.40.

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Nigeria relies on heavy fossil fuels for energy. Nigeria emitted 0.57 metric tonnes of CO2 per capita in 2018. From 0.44 metric tonnes in 2016 to 0.56 metric tonnes in 2017, this figure has increased 29%. The issue is the lack of data on carbon footprint reduction and economic development in Nigeria. time series data from the 1990–2019 was employed to examine the relationship between carbon footprint reduction and economic development in Nigeria. How carbon footprint reduction affects Nigerian economic development was the main research subject. Carbon footprint reduction and economic developme
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John, Abimiku. "RESTRUCTURING AND ECONOMIC DEVELOPMENT IN NIGERIA." International Journal of Innovative Research in Social Sciences and Strategic Management Techniques 7, no. 1 (2020): 15–38. http://dx.doi.org/10.48028/iiprds/ijirsssmt.v7.i1.02.

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The research is designed to assess the effect of restructuring and economic development in Nigeria. A review of the relevant literature and previous studies support the adoption of Marxist political economy theory as its theoretical framework while, survey method was adopted as its methodology. Oral interviews and questionnaire were employed in collecting primary data where as the analysis of data was executed using percentages. Among the findings, it was revealed by this study that the need for restructuring is for effective decentralization of political power and effective resource control a
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37

Okolie, P. I. P., and M. C. Okoye. "Ripple Effect of Globalization on the Economic Development of Nigeria: An ARDL Perspective." European Journal of Entrepreneurship and Management 4, no. 1 (2023): 15–29. https://doi.org/10.5281/zenodo.7867728.

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The study investigated the ripple effect of globalization on the economic development of Nigeria. The following are the specific objectives; to ascertain the effect of foreign direct investment on real gross domestic product in Nigeria; to examine the influence of portfolio investment on real gross domestic product. This study utilized secondary data obtained from the Central Bank of Nigeria Statistical Bulletin and from the relevant literatures. Ex-post facto research design was employed. The study adopted Auto Regressive Distributed Lag Model (ARDL) Regression analysis for hypothesis testing
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Ogechukwu, Ayozie Daniel. "Entrepreneurial developments and small scale industry contribution to Nigerian national development- A marketing interface." Information Management and Business Review 1, no. 2 (2010): 51–68. http://dx.doi.org/10.22610/imbr.v1i2.872.

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In both developed and developing countries, the government is turning to small and medium scale industries and entrepreneurs, as a means of economic development and a veritable means of solving problems. It is a seedbed of innovations, inventions and employment. Entrepreneurship is as old as Nigeria and had contributed to the growth of the economy. Presently in Nigeria, SMEs assist in promoting the growth of the country’s economy, hence all the levels of government at different times have policies which promote the growth and sustenance of SMEs. This paper identifies the orientation of SMEâ€
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39

P, Phineas T., Yusuf L. I, Ahmed F. F, and Dauda G. "The Role of English Language in Fostering Human Development in Nigeria." EDUMALSYS Journal of Research in Education Management 3, no. 1 (2025): 55–68. https://doi.org/10.58578/edumalsys.v3i1.4949.

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The language policy in Nigeria granted the English language as the status of being the sole official language, and the language of instruction in the country. This approach influenced the educated people's competence, and subsequently, attitudes towards others within their locality and global arena. The study aims to investigate the Role of English language in fostering human development in Nigeria. This paper argues that English as the Nigerian official language is well accepted due to the multi-lingual state of Nigeria. The study observes that English language is a political and social eleme
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40

Oyebanre, Emmanuel Olayinka, and Natalia Chaplynska. "DEVELOPMENT OF INVESTMENT POLICY FOR STIMULATING A COMPANY’S ECONOMIC ACTIVITY IN NIGERIA (based on MTN company)." Business, Economics, Sustainability, Leadership and Innovation, no. 6-7 (December 30, 2021): 79–88. http://dx.doi.org/10.37659/2663-5070-2021-6-7-79-88.

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The type of investment policy in any country has a big influence on the level of growth and development of business activities. If the investment policy is favorable and adaptive, it enhances business activities to flourish and bring economic development. However, if it is not, it can stifle business growth and economic development in the country.&#x0D; This article analyzes the impact of the foreign direct investment policy adopted by the Nigerian Government on economic growth in the country with a particular focus on MTN Nigeria, a foremost telecommunication company in Nigeria. It further an
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41

Biose, Henry, Adewale Dosunmu, and Chijioke Nwaozuzu. "ECONOMIC FRAMEWORK FOR GAS PIPELINE DEVELOPMENT IN NIGERIA." International Journal of Engineering Technologies and Management Research 6, no. 12 (2020): 46–63. http://dx.doi.org/10.29121/ijetmr.v6.i12.2019.474.

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The paper present an economic model and framework for the development of natural gas pipeline for sustainable economic development in Nigeria. The study reviewed the economics of natural gas pipeline development in Nigeria. The research formulated an economic model for a case study of Calabar to Ajaokuta 417km gas pipeline project and a discounted cash flow for an economic life of 40 years. The project economics indicates a Net Present Value (NPV) of 12.5 billion USD with a discounted payback period of 7 years and 9 nine months, Profitability Index (PI) of 7.30, Internal Rate of Return of 23.0
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42

Henry, Biose, Adewale Dosunmu Professor, and Chijioke Nwaozuzu Dr. "ECONOMIC FRAMEWORK FOR GAS PIPELINE DEVELOPMENT IN NIGERIA." International Journal of Engineering Technologies and Management Research 6, no. 12 (2019): 46–63. https://doi.org/10.5281/zenodo.3595283.

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The paper present an economic model and framework for the development of natural gas pipeline for sustainable economic development in Nigeria. The study reviewed the economics of natural gas pipeline development in Nigeria. The research formulated an economic model for a case study of Calabar to Ajaokuta 417km gas pipeline project and a discounted cash flow for an economic life of 40 years. The project economics indicates a Net Present Value (NPV) of 12.5 billion USD with a discounted payback period of 7 years and 9 nine months, Profitability Index (PI) of 7.30, Internal Rate of Return of 23.0
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Hassan, Bello, Evans Osabuohien, Folorunso Ayadi, Jeremiah Ejemeyovwi, and Victoria Okafor. "Economic analysis of growth finance and liquid liabilities in Nigeria." Investment Management and Financial Innovations 17, no. 3 (2020): 387–96. http://dx.doi.org/10.21511/imfi.17(3).2020.29.

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Liquid liabilities are required to develop key sectors that drive the Nigerian economy by ensuring that loans are available for investment purposes. However, controversies concerning the effectiveness of growth finance in fostering liquid liabilities in Nigeria exist. Thus, this study examines the relationship between growth finance and liquid liabilities in Nigeria, with insight into Nigeria’s real sector. In achieving its objective, the study utilizes secondary data from the annual reports of the Central Bank of Nigeria (1980–2018). The study finds that gross domestic savings significantly d
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Eromise, Mutairu Shaka, Nasiru Mukhtar Gatawa, and Muftau Olaiya Olarinde. "Industrial Development and Economic Growth Nexus in Nigeria." Review of innovation and competitiveness 8, no. 1 (2022): 21–39. http://dx.doi.org/10.32728/ric.2022.81/2.

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Purpose. Industrial development is crucial in converting all resources to humanity’s use and benefits. Economists observe that the development and utilisation of the industrial sector are essential in a country’s economic growth. Disaggregating the industrial sector into various components, this paper empirically analyses the performance of the industrial sector on economic growth in Nigeria over the 1970-2015 period. Hence, to evaluate the relationship between industrial development and economic growth in Nigeria. Design/Methodology. The paper adopted autoregressive distributed lag (ARDL) as
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Sennuga, Samson Olayemi, Adeola Ope-Oluwa Alo, and Ezinne Merianchris Emeana. "The Political Economy of Agricultural Development in Northern Nigeria." International Journal of Environmental & Agriculture Research 7, no. 3 (2021): 63–69. https://doi.org/10.5281/zenodo.4647035.

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<strong>Abstract&mdash;</strong> The paper critically examines the political economy of agricultural development in Northern Nigeria. The agriculture resource has been a significant sector in the Nigerian economy in the past decades, and is still a key sector regardless of the oil boom; principally it provides employment opportunities for the teeming population, eradicates poverty and contributes momentously to the growth of the economy. The Agricultural sector suffered neglect during the hey-days of the oil boom in the 1970s. However, sustained economic development cannot be achieved without
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Olalekan, David, Oladipo, Noah, Oluwashina Afees, and Agbalajobi, Sunday Ayodele. "An Empirical Analysis of the Contribution of Mining Sector to Economic Development in Nigeria." Khazar Journal of Humanities and Social Sciences 19, no. 1 (2016): 88–106. http://dx.doi.org/10.5782/2223-2621.2016.19.1.88.

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Nigeria is richly endowed with vast but largely untapped natural resources including solid minerals and arable land. Mining industries have been viewed as key drivers of economic growth and development process, as lead sectors that drive economic expansion which can lead to higher levels of social and economic well being. Contributions from mining as a percentage of GDP in rich countries are usually between 2-8 percent. In Nigeria, the contribution is still low at 0.15 percent, one of the major factors responsible for this is as a result of over dependence of the Nigerian economy on the procee
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AKINDOYIN, Dare Isaac, and Chukwuebuka Chukwuemeka AKUCHE. "Analysis of Development Prospect and Security Crisis in Nigeria." Lead City Journal of the Social Sciences (LCJSS) Volume 8, Issue 2, July, 2023 (2023): 1–16. https://doi.org/10.5281/zenodo.10401763.

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Elucidating development and security crisis in Sub-Sahara Africa with a bird eye view on Nigeria hasbeen an issue worthy of consideration. This result from conflicts, insurgencies, and internal wars thatcharacterise Nigeria as well as Post-Colonial African States. The study investigate developmentprospect and security crisis in Nigeria. The research paper affirms that the prevailing securitychallenges confronting the Nigerian state are structurally entrenched and deeply rooted in developmentcrises. This vacuum has led to societal maladies such as economic disparities, ethno-religious divides,i
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48

Jaho, Philip, Lawrence Ohale, and Joseph Obayori. "Globalization and Economic Growth in Nigeria." International Journal of Comparative Studies in International Relations and Development 9, no. 1 (2023): 74–89. http://dx.doi.org/10.48028/iiprds/ijcsird.v9.i1.05.

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The study examined globalization and economic growth in Nigeria from 1985 to 2021. The objectives of the study are to; determine the impact of financial openness on economic growth in Nigeria; examine the effect of the net exports on economic growth in Nigeria; and examine the impact of exchange rate on economic growth in Nigeria. Annual data was collected from Central Bank of Nigeria statistical bulletins and World Development Index. The technique of Autoregressive Distributed Lag (ARDL) model was used to analyze the data. The empirical results showed that in the long run, all the variables o
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49

Philip, Jaho, Ohale Lawrence, and Obayori Bidemi. "GLOBALIZATION AND ECONOMIC GROWTH IN NIGERIA." International Journal of Comparative Studies in International Relations and Development 9, no. 1 (2023): 74–89. http://dx.doi.org/10.48028/iiprds/ijcsird/ijcsird.v9.i1.05.

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The study examined globalization and economic growth in Nigeria from 1985 to 2021. The objectives of the study are to; determine the impact of financial openness on economic growth in Nigeria; examine the effect of the net exports on economic growth in Nigeria; and examine the impact of exchange rate on economic growth in Nigeria. Annual data was collected from Central Bank of Nigeria statistical bulletins and World Development Index. The technique of Autoregressive Distributed Lag (ARDL) model was used to analyze the data. The empirical results showed that in the long run, all the variables o
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50

AJIBOLA, Ayodeji. "Capital Market Development and Economic Growth in Nigeria." Scholedge International Journal of Management & Development ISSN 2394-3378 4, no. 10 (2018): 99. http://dx.doi.org/10.19085/journal.sijmd041001.

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The paper examined the effect of a well developed capital market on economic growth in Nigeria. We developed a model that is able to investigate how capital market development affects business cycle volatilities, and in the long run economic growth through the use of multi-variable regression analysis. Unit root test was conducted and all our estimating variables were stationary at first difference except the Christiano-Fitzgerald filter which shows that our model interpretation would not be spurious and a true representation of the relationships that exists between the explained and explanato
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