Faculty of Arts and Social Sciences
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Item Corporate Governance and Efficiency of Deposit Money Banks in Nigeria(International Journal of Management Studies and Social Science Research (IJMSSSR), 2021-07-07) Inim Victor EdetThis study investigates the effect of corporate governance on the efficiency of deposit money banks in Nigeria usingex-post facto research design. The study covers 7 years from 2013 to 2019. The population comprises the21quoted deposit money banks in Nigeria out of which 8 were selected as the sample size using purposive sampling method. Data was collected from the financial statements of the banks and descriptive statistics; correlation and panel regression were used for the analysis. A non-parametric approach, Data Envelopment Analysis was also used to examine the efficiency of the banks. The findings showed that both board size and board compositions have positive and significant effect on the efficiency of the quoted deposit money banks in Nigeria. The study therefore recommended that the quoted deposit money banks should continue to comply with the regulated board size and monitor their board compositions regularly especially the board remuneration committee, management committee and audit committee for continuous improvement of their efficiency.Item Effect of Social Networking Technology Addiction on Academic Performance of University Students in Nigeria(Blue Eyes Intelligence Engineering & Sciences Publication (BEIESP), 2020-02-02) Victor Ndubuaku; Inim Victor Edet; Ufodiama Clifford Ndudi; UdoEmmanuel Samuel; Abner Ishaku PrinceThe benefits of social media networking platforms on students’ academic performance in contemporary times cannot be, overemphasized. These social networking platforms crafts out opportunities for information sharing andalso danger for students in diverse fields. The danger of social networking addiction on students’ academic performance, health, and social well-being triggered this study.400 students enrolled in this cross-sectional study, through stratified random sampling technique. Using the online survey of Google Form for data collection. The Ordinary Least Square and Pearson’s correlation coefficient was used to quantify and examine the impact. Findingsrevealed that social networking impact significantly on students’ academic performance, and was more prevalent among undergraduate students (P = 0.000). Pearson’s correlation coefficient revealed a significant relationship between social networking addiction, academic performance, health and social well-being of students (p=0.001). The misapplication of social media can become addictive among users and students.Cognitive Behavioral Therapy is proposed to diminish the negative effect of social network addiction on students and other co-users.Item Energy Consumption and Sectorial Value Addition on Economic Growth in Nigeria(Horizon Research Publishing (HRPUB), 2021-02-02) Udo Emmanuel Samuel; Idamoyibo Hwerien Rosemary; Inim Victor Edet; Akpan Jack Ededem; Victor NdubuakuThis study investigates the co-integrating and causal link between energy consumption and economic growth in three economic sectors of agriculture, manufacturing, and service sectors in Nigeria. Through the multivariate framework and quarterly data from 2000Q1-2018Q4. The ARDL bounds test approach, and Error Correction Model are the key techniques of analysis, and the Clemente-Montanes-Reyes unit root approach for structural breaks in the series. Findings revealed estimated billing system, and energy demand-supply gap as factors negatively influencing energy distribution and consumption in various sectors of the economy. The results also revealed a co-integrating relationship between economic growth and sectorial value creation. The results also revealed a bidirectional causality between liquefied natural gas and energy consumption and a unidirectional causality between economic growth and petroleum oil consumption. On the contrary, there is a non-causal relationship between the service and agricultural sectors. Sufficient energy distribution and consumption stir economic growth through value additions in the agricultural, manufacturing, and service sectors. The study recommends a review of the billing system, pricing framework, and policies to support, value creation, and addiction in Nigeria.Item Financial Development on Employment Rate in Nigeria(Sciedu Press, 2021-02-02) Victor Ndubuaku; Inim Victor Edet; Udo Emmanuel Samuel; Idamoyibo Hwerien Rosemary; Abner Ishaku PrinceThis study examines financial development on employment rate in Nigeria on the premise of goal 8 of the sustainable development goals (SDGs). Using the ARDL model and annualized time-series data from 1999-2019. Findings revealed a positive and statistically significant impact of financial development on employment rate. Supporting the Phillips curve of an inverse nexus between inflation rate and unemployment rate. The findings contravene Okun‟s law of a negative relationship between economic growth and unemployment rate. The study recommences a policy framework to influence the operational and business activities of financial institutions to stir employment generation and economic growth in Nigeria.Item Other Determinants of Inflation in Nigeria(European Center of Sustainable Development (ECSDEV), 2020-02-02) Inim Victor Edet; Udo Emmanuel Samuel; Abner Ishaku PrinceInflation is a continuous macroeconomic concern that has dominated thoughts at major economic fora due to its pervasive effect on the economy. The quantity theory of money isolates money supply as the major cause of inflation. The economic reality in Nigeria contravenes the theory. The study examines other determinants of inflation in Nigeria using the autoregressive distributed lag (ARDL) method on quarterly data from January 1999- December 2018. Findings show that poor infrastructural development, exchange rate, political instability, corruption, and double taxation significantly stimulate inflation rather than just money supply. The results show a causal relationship between other determining factors and inflation. The ARDL result shows a significant long-short run relationship. The study recommends that non-monetary factors of instigating inflation should be controlled and security expenditure should be review along with-related mechanisms to achieve low inflation at single digits at most and economic growth and development.Item SARS-COV-2 PANDEMIC ON THE NIGERIAN EDUCATIONAL SYSTEM(IAEME Publication (International Association of Engineers and Managers), 2020-02-02) Udo Emmanuel Samuel; Abner, Ishaku Prince; Inim Victor Edet; Akpan Ededem JackThe Covid-19 pandemic has resulted in over 5million confirmed cases and over 300,000 moralities globally. Deteriorating the global economic, financial, and educational climate. Social distancing, self-isolation, and temporarily lockdown across the economic sector as measures to cushion the virus spared led to a decrease in the domestic workforce, revealing the shortfalls in the educational and health sectors. The shift from the conservative classroom learning to electronic learning (Elearning) globally contributed significantly to the sustainability of the educational sector during this pandemic. Evidence from Nigeria revealed a lack of infrastructures, the paucity of funds, policy issues, poor institutional preparedness for unseen eventualities like this pandemic among other factors thwart the smooth shift in Nigeria. It is in tandem with these prevailing issues that this study examines SARS CoV-2 on the Nigerian educational system. Findings show the government's positive efforts and support for online learning at the primary and secondary school levels. In contrast, online learning in government colleges, universities, and the rural communities is a mirage in Nigeria. Three in five students lack access to online education. The study recommends among other things; creative handling of public universities and colleges administration towards ICT adoption and online learning implementation. Development of educational policies and social infrastructures to drive the sector during an unforeseen crisis such as this pandemic, and a review of budgetary allocation to the educational sector to meet the UNESCO standard of 1520% of annual the budget.Item Selected Economic Policies on the Growth of Small and Medium Enterprises in Nigeria(Scientific Research Publishing (SCIRP), 2023-02-02) Francis Sylvanus Udoh; Inim Victor Edet; James Agama Emiesefia; Murat AkyuzIn Nigeria, economic policy should set the parameters in the economic system of the country, which should constitute the key part of the economic practice thereby creating an environment affecting the development and functioning of either collective or individual Small and Medium Enterprises (SMEs) operators and thus logically affecting the sector(s) of the economy. This work examines the effect of selected economic policies on the growth of SMEs in Nigeria. Notwithstanding the attention placed on monetary, fiscal and trade policies, in the overseeing of the economy, the SMEs sector all encompassing, Nigerian economy particularly SMEs are up until the present time of this study not growing as expected. The time frame was from 1986 to 2017, a thirty-two-year study. Research design employed was ex-post facto and a population of seventy-two thousand eight hundred and thirty-eight (72,838) SMEs in Nigeria were used. The sample size was the entire 72,838 SMEs of which the study relied on reports from Central Bank Statistical Bulletin and SMEDAN, thereby employing the Error Correction Mechanism (ECM) tool of analysis to analyze the time series data. The study found that economic policy (proxies: monetary policy, fiscal policy and trade policy) had no positive significant effect on the growth of SMEs in Nigeria. Therefore, the study recommends that economic policy should be design and formulated in such a way that the goals the SMEs want to achieve through monetary, fiscal and trade policies should be realistic and feasible in terms of growth.Item Sovereign wealth fund on sustainable economic growth in Nigeria(Asian Online Journal Publishing Group, 2023-02-02) Inim Victor Edet; Udoh, Francis Sylvanus; Lungu, Tumba DenisThe Sovereign Wealth Fund (SWF) nations understood that having enough money in easily accessible foreign accounts would be beneficial to the government in times of fiscal crisis, currency devaluation, natural economic calamity, and even political upheaval to help cushion sustainable economic growth. Between Q1 2005 and Q4 2020, the study looked at the impact of Nigeria's sovereign wealth fund on the country's ability to sustain economic development. In order to conduct the empirical analysis, the study used the ARDL technique of analysis. In order to prevent erroneous regression results, unit root tests were performed on each of the variables. The co-integration test revealed that there is a long-term (or equilibrium) relationship between Nigeria's sovereign wealth fund and the sustainability of its economic growth. It was revealed that Nigeria's gross domestic product was significantly impacted by the Nigerian Infrastructural Fund. Last but not least, it was revealed that the stability Fund has a considerable impact on GDP in Nigeria. Future Generation Fund was also found to have a big impact. On the whole, SWF impact significantly on sustainable economic growth in Nigeria. If government wishes to maintain economic growth and improve the lives of Nigerians, it should demand and pursue effective control and monitoring of the infrastructure, future and stabilization funds.Item AN ASSESSMENT OF THE ROLE OF GENDER, SELF-EFFICACY, AND RESILIENCE ON MARITAL ADJUSTMENTS AMONG EMPLOYEES OF THE FEDERAL UNIVERSITY OYE-EKITI, NIGERIA(Ife Centre for Psychological Studies/Services, Nigeria, 2024-06-06) Ibukun Faith Akeredolu; Okere Adebisi Victory; Tolulope Oluwatoyin Olayiwola-Adedoja; Mensah Prince Osiesi; Sylvan Blignaut; Walters Doh NubiaThis study assessed the role of gender, self-efficacy, and resilience on marital adjustments of employees at the Federal University Oye-Ekiti, Ekiti State, Nigeria. The study utilised the ex-post facto research design. The population of the study consisted of all employees at the Federal University Oye-Ekiti, Ekiti State, Nigeria. The simple and purposive sampling techniques were used in selecting 106 employees as the study’s sample. An instrument tagged “Self-Efficacy, Resilience and Marital Adjustment Questionnaire” was used in collecting data for the study, with α= 0.81, 0.84, and 0.86 respectively for the instrument’s sub-sections. Data was analysed using descriptive statistics and regression analysis at a 5% significance level. Findings indicate high levels of self-efficacy, resilience, and marital adjustments among the sampled employees, and that employees' gender and self-efficacy play a significant role in their marital adjustment levels; yet, employees’ resilience played no significant role (contrasting findings of prior research; Ahmad & Jahangir, 2020; Cihan & Aydogan, 2020; Khalaf &AL-Hadrawi, 2022; İlmen & Sürücü, 2022), that found a significant association between resilience and marital adjustment). The study recommends that efforts, especially professional development programmes, and capacity-building workshops, aimed at fostering employees' self-efficacy be made available to employees of the university, counselling units established in all faculties of the university, and employees (both male and female) be advised and encouraged to attend at least one or two counselling sessions every month to foster their marital adjustments cum satisfaction.Item Influence of School Climate, Collective Efficacy and School Engagement on School Connectedness of in-School Adolescents in Ibadan North, Oyo State, Nigeria.(FUOYE Journal of Criminology and Security Studies (IJCSS), 2024-06-06) Okere, Adebisi Victory; Adaramoye, T. O.; Ekemezie, E. C; Olawole, A. O.This research aims to investigate the interplay between school climate, collective efficacy, school engagement, and their combined influence on school connectedness among in-school adolescents in Ibadan, Oyo State, Nigeria. This study utilized a descriptive research design of correlational type to examine the relationships and predictive power of these variables. The sample consists of 400 secondary school students randomly selected in Ibadan metropolis, Oyo State. Standardized instruments were administered to the participants. Three research questions were raised. Descriptive statistics, Pearson product moment correlation and multiple regression model were used to analyse the data collected. The outcome showed that the three predictor variables together were responsible for 58% of the variance in the total (F(3,396) = 813.471; R= .747; R2= .558; Adj. R2=.543; P<0.05). Also, each of the three independent variables made separate and distinct contributions to the prediction of school connectedness: school climate (β=.074; t=1.002, P<0.05); collective efficacy (β=.498; t=-6.561, P<0.05); school engagement (β= .710; t= 9.490, P<0.05). This study's three independent variables have sufficient potential to influence school connectedness. The study recommends a serene school environment, enhance teacher’s self efficacy, and encourage student engagement and connectivity.