Department of Business Administration

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    Impact of Performance Appraisal Fairness on Employee Productivity in Nigerian Federal Regulatory Agencies
    (European Centre for Research Training and Development -UK, 2024-02-02) Ifeoma Uche Uzochukwu; Mariam Shehu-Usman; Nasamu Gambo; Bakare Akeem Adewale
    In recent times, and in light of the global economic downturn, there have been calls for accountability and improved efficiency in the Nigerian public sector. The recently announced implementation of performance appraisal system across the entire federal civil service has highlighted the need for a review of the practice of performance appraisal in the public sector given the typical political influence that permeates most organizations in the sector. Drawing upon Equity Theory, this study examines the impact of performance appraisal fairness on employee productivity in Nigerian federal regulatory agencies, with emphasis on the National Agency for Food and Drug Administration and Control (NAFDAC). A descriptive survey research design was adopted, with primary data collected from staff of NAFDAC using a five-point Likert scale model questionnaire. Correlation and regression techniques were used to analyze the data which was collected through non probability quota sampling. The result revealed that interactional, procedural and distributive fairness in performance appraisal were statistically significant and positively influenced employees’ productivity in NAFDAC. Thus, the study recommends that considering the planned implementation of performance appraisal system across the entire federal civil service, government should design performance appraisal systems that will appropriately address these constructs to improve efficiency, accountability and productivity of the public sector.
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    Effect of Communication Pattern on the Construction Project Success in North Central, Nigeria
    (Scientific Research Publishing, 2025-02-02) Isa Adewale Olatinwo; Ogedengbe Frank Alaba; Bakare Akeem Adewale; Nasamu Gambo
    Over the years, several projects in the Nigerian construction industry have failed to meet various indicators of project success due to communication breakdown among construction project stakeholders in Nigeria. In this regard, communication pattern was considered as a determinant of construction project success in Nigeria. The study adopted the quantitative research approach and survey research design. The population of the study was project managers and a sample size of 344 was determined while a questionnaire was distributed to project managers within northcentral, Nigeria to collect data. Data collected were analysed with inferential statistical techniques. The study found that chain pattern communication significantly impacts construction project success. Similarly, wheel pattern communication significantly influenced the construction project’s success while circle pattern of communication also significantly impacted the construction project’s success. It was concluded that the three communication patterns determine construction project success in north-central, Nigeria. Therefore, project managers should be mindful of these communication patterns to achieve timely construction projects without compromising quality. The study recommends the adoption of all three communication patterns in the life of every construction project.
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    How Does Customers’ Satisfaction Affect Business Performance? Evidence From Nigeria
    (Osogbo Journal of Management (OJM), 2017-02-02) Bakare Akeem Adewale; Fetuga Omoshalewa Mariam
    The study examines the impact of customers’ satisfaction on business profitability from Nigeria perspective. The SPSS package was used to analyze the linear regression in order to establish the relationship between the variables involved in the study. The results showed a positive relationship between customers’ retention and profitability which implies that mobile operators need to maximize customer satisfaction in order to influence the extent of loyalty and retention on the products’ patronage. However, this study recommends that mobile operators should not just rely on profit margins as a good indicator of business performance but rather should develop strategies that better capture customers’ perceptions of their service offerings.
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    How Does Pension Funds Impact Stock Market Development? An Empirical Analysis from Nigeria Using ARDL Technique
    (Scientific Research Publishing Inc., 2023-02-02) Sule Yakubu; Muritala Taiwo Adewale; Abubakar Hauwa Lamino; Bakare Akeem Adewale; Wasiu Akintunde Yusuf; Hafsat Olatanwa Afolabi
    The study examined the impact of pension funds on capital market development in Nigeria from 1995-2022 using ex-post facto research design. Data were collected from the Central Bank of Nigeria statistical bulletin and annual report of the pension fund commission. Data were analyzed using descriptive statistics, unit root test and auto regressive lag model (ARDL). The findings show that there is a long run relationship between market capitalization as a ratio of gross domestic product and selected pension fund variables in Nigeria. Also, there is a no long run relationship between all share index as a ratio of gross domestic product and selected pension fund variables in Nigeria. This implies that there is a short run relationship between all share index as a ratio of gross domestic product and selected pension fund variables in Nigeria. Also, pension fund has positive and statistically insignificant implying that the present value of pension contributory fund does not impact positively on its immediate past state. Inflation has positive and significant impact on market capitalization as a ratio of gross domestic product in Nigeria. Also, inflation has negative and insignificant impact on all share index as a ratio of gross domestic product in Nigeria. Pension investment at precious value is positive and as a statistically significant impact on all share index as a ratio of gross domestic product in Nigeria implying that pension fund investment could be used as purchase of share to increase the total share index in the Nigeria for future benefit for the pensioner whose contribution yields greater impact or return for stable future. The study recommended that pension fund administrators in Nigeria should understand that the rate of inflation is dynamic in Nigeria and the value of money is being lost as money is not worth its values in the next five years.
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    Joint Venture, Technology Transfer And The Performance Of Nigerian Oil And Gas Industry
    (International Journal of Professionals Bussiness Review, 2024-02-02) Nwoko Marshall Olakada; Bakare Akeem Adewale; Muritala Taiwo Adewale; Abbas Umar Ibrahim; Abubakar Hauwa Lamino
    Purpose: The objective of this study is to examine joint venture, technology transfer on the performance of Nigeria's oil and gas sector between 1981-2021. Theoretical Framework: It is indisputable that the Nigerian oil and gas sector is not at peak performance when compared to what is obtainable from its peers in the Organization of Petroleum Exporting Countries (OPEC) (Iheukwumere, 2021; OPEC, ASB 2020). One of the factors responsible for the abysmal performance is ineffective and incoherent technology transfer management through joint venture arrangements (Odusina, 2022). Therefore, there is a need to empirically investigate the impact of joint venture arrangements on Nigeria's oil and gas sector production which lacks sufficient research. Methodology: The ex-post facto design was used where data were collected through secondary sources on the aggregate output of the joint venture companies and the total yearly output of the upstream sector of Nigeria’s oil and gas industry represented the performance of the Nigerian oil and gas sector in the period 1980 to 2021. The collected data were analyzed using the Quantile Autoregressive Distributed Lag (QARDL) approach to test for short and long-run impacts. Findings: The study revealed that there is a significant impact of joint venture arrangements on oil and gas production in both the short run and long run. Research, Practical & Social Implication: The study therefore recommends that policymakers and industry stakeholders should carefully evaluate the terms and conditions of joint ventures to ensure their alignment with the goals of maximizing oil and gas production. Originality/Value: The use of joint venture as a proxy for technology transfer in the production of oil and gas in Nigeria and use of secondary data between 1980-2021 for joint ventures is an eye-opener for further exploration of the study areas in oil and gas production management, particularly in the area of technology transfer, which lacks sufficient research.