MEDITERRANEAN JOURNAL OF MANAGEMENT SCIENCES & ENTREPRENEURSHIP VOL.17 (7) (MEJMSE)


MEDITERRANEAN INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCES AND ENTREPRENEURSHIP

VOL. 17 NO. 3 (MEJMSE) SEPTEMBER, 2021


Published by: MEDITERRANEAN PUBLICATIONS AND RESEARCH INTERNATIONAL,

Canberra ACT 0201, Australia.

Bayero University, Kano, PMB 3011, Kano State, Nigeria.

E-MAIL: mediterraneanresearchpub@gmail.com PHONE: +234-708-717-324



 

REPRESENTATIVE BUREAUCRACY AND THE BURDEN OF EFFICIENCY IN THE NIGERIAN PUBLIC SECTOR

 

MUSTAPHA, ADESOYE ISIAKA PhD; OKONMAH, EMMANUEL IFECHUKWUDE PhD AND EDEGWARE, GIDEON JESUHOVIE

Department of Public Administration, University of Benin, Benin City, Nigeria

 

Abstract

Efficiency as a product of optimum engagement and productivity that strings from a balance representation especially in developing federal states with diverse population has been an issue of debate in developing bureaucracies globally. The bureaucracy whether in developed or developing countries is viewed as the mechanism of actualizing public goals, programmes and objectives and as such cannot be under estimated. The peculiarity of the Nigerian state and its bureaucracy in terms of representation of all segments of the union, with a focus through the eyes of the instrumentation of the “value added” narrative is viewed as the main point of this paper. The paper utilizes secondary data and a comprehensive desk analysis was carried out. It was discovered amongst others that, the Nigerian bureaucracy lacks effective representation and that human resource procurement process has been hijacked by corrupt politicians. As a way of policy recommendation, the paper opines amongst others that the Federal Character Commission (FCC) be overhauled in terms of reforms in order to place it in a proper framework to effectively carry out its duty without fear of interference.

KEYWORDS: Bureaucracy, efficiency, public sector, productivity, neo-patrimonial

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EFFECT OF CYBERCRIME PRACTICES ON CUSTOMERS’ CONFIDENCE IN E-TRANSACTIONS IN MAIDUGURI METROPOLIS, BORNO STATE, NIGERIA

 

*DR MOMOH, MUSTAPHA; **ASHIGAR, F. ABUBAKAR; & ***MUSTAPHA, HABIBA

*Department of Business Admnistration, University of Maiduguri **Faculty of Management Sciences, University of Maiduguri ***CPDDS, University of Maiduguri

 

Abstract

This research investigate the effect of cybercrime on depositor’s confidence in electronic transactions within Maiduguri Metropolis. The competitive environment in the financial system has compel the utilization of alternative delivery channels. The most recently delivery channel is the electronic fund transfer system. As good as these may seems, this innovative transaction system has created a new breed of criminality called ‘cybercrime’. Therefore, the study evaluates the relationship between cybercrime practices and customers’ confidence; and, assess the effect of cybercrime on customers’ confidence on online transactions platforms in the study area. The study utilised multistate sampling techniques, which includes purposive and random sampling with interview guide to elicited data from 278 customers alike with fair knowledge of online transactions in the study area. The study reveals high cases of cybercrime practice such as e-financial fraud through online transaction, internet scams, identity theft, Salami attack, phishing, etc. in the area under review. It also found that cybercrime significantly affect customers’ confidence on the electronic transaction system within the study population. It recommends that the management of the financial service providers should routinely offers sensitization training to their customers and take adequate measure against the practice of cybercrime, such as transfer of funds through the ACH network and banking risk mitigation to enhance customers’ confidence.

KEYWORDS: Cybercrime, Online transactions, Financial services, Customers, Confidence.

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LIBERALIZING GLOBAL MARKET SPACE THROUGH TRADE OPENNESS FOR ECONOMIC GROWTH IN NIGERIA

 

1ELE-OJO JEREMIAH IDOKO, 2NYAM WAN CHRISTOPHER AND 3HALIMATU ALIYU DAUDA

1Department of Economics, Salem University Lokoja, Kogi State – Nigeria 2&3 Department of Business Administration, Federal University Lokoja, Kogi State – Nigeria

 

Abstract

The inability of developing countries to fully embrace trade openness in their economic and development process is making them to participate marginally in the world economy. It is becoming difficulty for them to find options on how to minimize restrictions from multilateral agreements. The objective of the study is to find ways of reducing barriers to global trade so as to translate into a long run economic growth in Nigeria. the study used secondary data of time series on real GDP, the index of openness, ration of export of GDP, foreign direct investment and the naira-dollar exchange rates. Sourced from CBN. The econometric analytical techniques employed in this study are the Augmented Dickey-Fuller Unit Root Test for stationarity and Johansen Cointegration was used to establish the long-run relationship between the variables. The findings of the R-Square 0.984944 suggest a strong relationship between the dependent variable and the independent variables. The study concluded that liberalization can play an important role in raising the long-run sustainable rate of productivity growth in Nigeria. the study recommended that there is need to enhance human capital development which is important as a primary determinant of industry output growth and country competitiveness among others.

KEYWORDS: Trade openness, foreign direct investment, liberalization, export, exchange rate, economic growth.

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BUREAUCRACY: A NECESSARY EVIL TOWARDS DEVELOPMENT IN NIGERIA

 

*ALICE NIGEL BACHAMA; **JAMIYAL NATHAN DAUDA; & ***TABITHA YAKUBU GARBA

*Department of Public Administration, Gombe State University. **Department of General Studies, Gombe State Polytechnic, Bajoga. ***Department of Public Administration, Gombe State Polytechnic, Bajoga.

 

Abstract

This paper has been able to establish the significance of Bureaucracy in the administrative development of Nigeria despite the slow, costly and cumbersome process in practicing it. The paper has looked at the concepts of Bureaucracy and development, the purpose, features and roles of Bureaucracy and what makes it a necessary evil. The source of data used was primarily, secondary data.

KEYWORDS: Bureaucracy, Development, Necessary Evil, Development, Nigeria.

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DOES MICROINSURANCE AND MICROPENSION INFLUENCE THE SMEs PERFORMANCE IN NIGERIA?

 

*OMONIYI OLADIPUPO AGBOOLA **PROF FESTUS M EPETIMEHIN

*Entreprenuership Department, Joseph Ayo Babalola University, Ikeji. **Actuarial Sc. And Insurance Dept., Joseph Ayo Babalola University, Ikeji.

 

Abstract

The poor performance of SMEs is a major source of concern. Small and Medium Enterprises (SMEs) dominate Nigeria’s economy in agriculture, manufacturing, commerce, industry, and services. As a result, the aim of this research is to look into the impact of micro insurance and micro pension on the output of MSEs.  A cross-sectional design was used in this analysis. As a result, the study’s population was 8,395 registered SMEs in Lagos State, which has the highest number of SMEs and accounts for 85 percent of Nigerian business operation. To ensure that every member of the population has an equal chance of being included in the sample, the researchers used a simple random sampling technique. The study’s minimum 146 sample size was determined using G-power software with a 0.15 effect size and two predictors for data analysis and hypothesis testing. To analyze the collected data, this study used the statistical kit for statistical package for social science (SPSS) and the Structural Equation Model-Partial Least Square (SEM-PLS) Smart PLS 3.3.3. Micro insurance has a positive and important impact on MSE performance, while micro pension has a negative effect on MSE performance, according to the findings of the report. As a result, it was concluded that in order to enhance the efficiency of SMEs, SMEs owners must be aware of micro insurance for successful SMEs performance, as micro pension was found to have a negative impact on SMEs performance.

KEYWORDS: Microinsurance, Micropension, SMEs, Performance and Microfinance

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THE ROLE OF PERFORMANCE COUNSELLING ON THE EFFECT OF ORGANIZATIONAL STRUCTURE OF SECURITY INSTITUTIONS IN ABUJA.

 

*REV. FR. DR. BAHAGO SAMAILA BENEDICT; & **NDUJI, ROMANUS CHUKWUMA

*Department of Educational Foundations, Veritas University Abuja. **Department of Business Administration,Veritas University, Abuja

 

Abstract

The study examines the role of Performance Counselling on theeffect of organizational structure on performance of security institutions in Abuja.  Organizational structure is basically considered to be set of managerial decisions that determine the long run performance of an organization. It is based on the fact that today, the ever- increasing challenges of security and the constant changes in business environment have resulted to a shift from short term to a long- term structural practices so as to keep abreast with increasing global insecurity and competition in various institutions. In the view of this, there is need for performance counselling among all security institutions to enable these security institutions formulate comprehensive structures to help them face these challenges. The study had a population size of 2,650,out of which a sample size of 550 was realized using Taro Yamani Formula. This study adopted survey research design. The hypotheses were tested using Ordinal Logistic Regression and Spearman`s Bivariate Correlation on statistical Package for Social Sciences (SPSS, v.20). The results of the analyses showed that organization, organizational structure, organizational performance and security institutions have suffered greatly from uncountable challenges as a result of insecurity. The study concluded that organizational structure induces effective structural planning which helps an organization to define its goals, make concrete decisions and also positively affects the performance of security institutions in Abuja.  The study recommended that the management of all security institution in Abuja should make organizational structure responsive to environmental changes and challenges that are increasingly facing the security institutions in Abuja and Nigeria in general. Performance Counselling is also recommended for effective and optimum performance amongemployees of these security institutions in Abuja.

KEYWORDS: Organizational Structure, Performance Counselling, Organizational performance and Security Institutions, Abuja, Nigeria.

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EXAMINATION OF THE RELATIONSHIP BETWEEN ORGANIZATIONAL ENVIRONMENTS AND PUBLIC ENTREPRENEURSHIP (PE) DEVELOPMENT: A CONCEPTUAL FRAMEWORK

 

AHMED MOHAMMEDA, DR. UMARU MUSTAPHA ZUBAIRUB, PROF. EMMANUEL OLAYIWOLA ONIC

ADepartment of Entrepreneurship & Business Studies, Federal University of Technology, Minna, Niger State, Nigeria. [Works with the Federal Inland Revenue Service of Nigeria, Niger State Tax Audit Department, Minna]. B,CDepartment of Entrepreneurship & Business Studies, Federal University of Technology, Minna, Niger State, Nigeria

 

Abstract

This paper attempts to provide a conceptual framework for investigating the relationship between organizational environments (internal and external environments) and PE development in public sector organizations. The paper is an excerpt from a study that attempts to investigate the impact of organizational environment on PE development in local government areas of Niger State, Nigeria. The paper will analyze and elaborate on the organizational environment and its factors before explaining the concept of PE development. The relationship between organizational environment and PE will be discussed, with an emphasis on the implications of organizational environment in terms of the internal and external environment. The influence of the internal and external organizational environment on PE development would be hypothesized. The conceptual framework for this study will serve as a preliminary foundation for an examination of the relationship between PE and organizational environment at the local and national levels.

KEYWORDS: Public Entrepreneurship (PE), Entrepreneurial Dimension, Organizational Environments, SWOT Analysis and Conceptual Framework 

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ENTREPRENEURIAL CULTURE AND NEW VENTURE CREATION: A STUDY OF SELECTED POULTRY FARMERS IN ODEDA LOCAL GOVERNMENT AREA IN OGUN STATE

 

*AKINYELE, SAMUEL TAIWO; **AKINYELE, ESTHER FEYISAYO; & *IPAYE, TAIWO OLUWAFUNMILAYO

*Dept. of Entrepreneurial Studies, Federal University of Agriculture, Abeokuta, Ogun State, Nigeria. **Dept. of Business Administration, School of Postgraduate Studies, Crawford University Igbesa, Ogun State, Nigeria.

 

Abstract

Formation of new venture is crucial for the vitality of national economies. Initialization and support of new business ventures are important tasks for both policy makers and academics. Having the attributes of entrepreneurial culture plays an important role in the creation of new venture thus; this study determines the effect of entrepreneurial culture on new venture creation of poultry farmers in Odeda LGA Abeokuta Ogun state. The entrepreneurial culture is the independent variable which is measured through innovativeness, self-efficacy, profitability, and entrepreneurial competency while the dependent variable is new venture creation which is measured through value creation, sales performance, value creation and competitive advantage. The researchers employed quantitative research design. To collect primary data well-structured and cross sectional questionnaires were distributed to 150 owner/managers/employees of SMEs from 240 population consisting of registered SMEs, by using simple random sampling techniques. Data were analyzed using percentages, mean, frequencies, Pearson correlation and linear regression analysis. Result show that 59.3% of the respondents were male and 40.7% were female, which indicate that male tend to establish new venture creation, 51.4% of the respondents were married, 49.3% of the respondents were between the age of 31- 40 years, 47.9% of the respondents had B.sc, 49.3 of the respondents are top level workers, while 69.3% of the respondents engage in small scale business. The result of the objective  testing show that innovativeness has significant effect on value creation with p value (0.000) which is less than 0.005, self-efficacy has  high positive relationship with sales performance with P value of (0.000) which is less than 0.005, also risk taking has significant effect on profitability with P value of (0.000) which is less than 0.005, moreover, entrepreneurial competency has a significant effect on competitive advantage with P value of (0.000) which is less than (0.005) this implies that entrepreneurial marketing plays a huge role on new ventures in Odeda LGA. In conclusion innovativeness, self-efficacy, risk taking and entrepreneurial competency are predictors of new venture creation among poultry farmers in Odeda LGA. It was therefore recommended that SMEs and entrepreneurs should desire entrepreneurship training and be more proactive, government should be devoted to allocating resources for training and education, using tried and true paths to exploit opportunities, should ensure the culture of entrepreneurship is maintained in all situations they find themselves.

KEYWORDS: Entrepreneurial Culture,   Entrepreneurial competency, Venture Creation,   Value creation, Innovativeness,

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IMPACT OF SOCIAL MEDIA ADOPTION ON SMES PERFORMANCE IN KANO STATE, NIGERIA

 

KATERI, ZAHRADDEEN A.

Business Education Department, Federal College of Education, Yola, Adamawa State, Nigeria.

 

Abstract

This study examines the impact of social media adoption on SMEs performance looking at how SMEs can use social media for marketing and communication, customer relationship, information search, building brand awareness and equity, increase market share, sales and revenue and gain competitive advantage. Although studies have been conducted on factors influencing adoption of social media by SMEs, few studies examine critically the impact of the adoption on SMEs performance. The study used quantitative research design and data was collected from 384 manager/owners, and Information Technology workers across 8,286 different categories of SMEs in Kano state, Nigeria using stratified random sampling technique. The data was analyzed using SMART PLS3. The study revealed that social media adoption greatly impacts on SMEs performance in terms of reduction in cost of marketing and communication, increase customer relationship, easy access to market information, building brand awareness, loyalty, and equity, increases market share, sales and revenue and competitive advantage. The study recommends that SMEs should adopt a new business model integrating social media as a marketing tool to achieved less cost of marketing and advertising, increase global presence leading to a larger market share, sales and revenue and equally build strong brand equity and competitive advantage which in turn improve SMEs performance.

KEYWORDS: Social Media, Social Media Adoption, SMEs Performance, Kano State, Nigeria

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INSECURITY AND THE GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES (SMES). CASE STUDY OF YELWA AREA OF BAUCHI METROPOLIS.

 

OLALEKAN OLUKEMI OLUYEMISI; & MOHAMMED UWAISU HUSSAINI

Department of Banking and Finance, the Federal Polytechnic, Bauchi

 

Abstract

This study investigated the effects of insecurity on the growth of small and medium scale enterprises in Nigeria with a case study of Yelwa Area of Bauchi State, Nigeria. The objectives of the study are (i) to determine the effect of insecurity on the growth of small and medium scale enterprises (SMEs) and (ii) to access the importance of security in relation to the growth of small and medium scale enterprises (SMEs). Primary method of data collection was employed and the researcher employed the use of tables and percentages for data analysis. The result of the study indicated that insecurity has affected the growth of SMEs and showed that a secure environment is needed for a business to thrive. The major recommendation is that the government should improve on the level of security in the country in order to make the country conducive for business operations and for the government to render more support to SMEs to aid their recovery and expansion.

KEYWORDS: Insecurity, SMEs, Growth.

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IMPACT OF MONETARY POLICY DECISION ON PROFITABILITY OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

 

MOHAMMED YUSUF; AND MOHAMMED ABDULKADIR

Department of Accountancy, Ramat Polytechnic, Maiduguri

 

Abstract

The study examined how monetary policy decision impact profitability of listed deposit money banks in Nigeria from 2011 to 2020. Archived secondary data explored and collated via purposive sampling were tested for robustness, skewness and kurtosis and found fit for purpose. The Multiple Regression Analysis results of General Least Square-fixed effect (as selected by Hausman specification test) shows that, Monetary policy rate as set by the monetary policy committee of the central bank of Nigeria determines to some extent the position of the returns on capital employed of the listed DMBs in Nigeria. Thus, the fluctuations of the MPD in Nigeria does result in high or low returns accruing to the DMBs in Nigeria. Therefore, the monetary policy committee of the central bank is advised to set a more effective, thoughtful and more flexible Monetary Policy Rate as possible in other to improve the profitability of DMBs in the short-run and the Nigerian economy in the long run.

KEYWORDS: Monetary Policy Decision, Profitability, Deposit Money Banks.

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EFFECT OF BOKO HARAM INSURGENCY ON HUMAN CAPITAL DEVELOPMENT IN SELECTED COMMERCIAL BANKS IN MAIDUGURI METROPOLITAN COUNCIL, BORNO STATE.

 

ALHAJI MODU MAINA1 & ALHAJI UMAR MODU2

Dept. of Business Administration & Management, Ramat Polytechnic, Maiduguri.

 

Abstract

This study examined the Effect of Boko Haram Insurgency on Human Capital Development in selected Commercial Banks Maiduguri Metropolitan Council, Borno State, Nigeria. . The population of the study is 198 respondents with a sample of 132. Data was collected using structured questionnaires administered to the respondents. The data collected was analysed with simple linear regression analysis. The major findings of the study reveals that there is significant effect of Boko Haram insurgency on employee level of productivity in selected commercial banks, there is significant effect of Boko Haram insurgency on employee attitude to work in commercial banks, and there is also significant effect of Boko Haram insurgency on employee turnover in commercial banks in Maiduguri Metropolitan Council, Borno State. The study concludes that Boko Haram insurgency affect the performance and manpower planning of the banks employees which lead to the lower productively because some of the employees had to leave for other safer places. Therefore, the study recommends that government should address the incessant attack by Boko Haram insurgency so as to improve the conceptual skills of the employees, banks should provide enabling environment with the provision of various incentives, such as risk allowance and excessive load allowance to prevent the employees from leaving the banks.

KEYWORDS: Boko Haram Insurgency, Human Capital Development, Commercial Banks.

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THE RELATIONSHIP OF TRAINING COST, TRAINING NEEDS AND TRAINING SELECTION CRITERIA ON STAFF PERFORMANCE OF FEDERAL INLAND REVENUE SERVICE

 

*MOHAMMED RABIU MOHAMMED; **MURJANATU IBRAHIM; & *ALHAJI KAWUGANA

*The Federal Polytechnic, Bauchi. **Department of Marketing, the Federal Polytechnic Bauchi, Bauchi State.

 

Abstract

To ensure efficient and effective service delivery training is needed to update and upgrade the skills, knowledge and experience of the staffs of any organization, to achieve optimal operation, requires investment in training; employees should be equipped with the right skills which acquired through intensive training. The success or failure of an organization depends largely on the performance of its employees. The main aim of this study was to examine the relationship of Training cost, Training Need and Training selection criteria on staff performance of Federal Inland Revenue Service (FIRS). The study was quantitative and explanatory in nature, where a cross-sectional survey of 209 Staff of Federal Inland Revenue Service (FIRS) was carried out using proportionate stratified sampling and structured questionnaire were distributed personally and with the aid of field assistants to the selected Staff. However, the data collected was analyzed using IBM SPSS software version 2.6. Similarly, Simple regression analyses of the variables (Training cost, Training need and Training selection criteria) show that training cost, training need and training selection criteria has a positive and significant relationship with staff performance of Federal Inland Revenue Service (FIRS). It was recommended that training budget of staff should be increased in subsequent year. Also, necessary steps should be taken to provide adequate training to the employees as per the need and nature of the job. Training programs should be linked with the employees’ promotions so that the training will help the employees to be motivated, which results in high performance. It is important to provide updated training materials to the employees free of cost or with a nominal charge. It is also important to select a training center in a way so that the employees can have easy and frequent access to the center.

KEYWORDS: Training, Training need, Employees, Performance, Skill, Training criteria.

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SALES PROMOTION AS MARKETING TOOL IN MOTIVATING CONSUMERS’ PURCHASE BEHAVIOUR. A CASE STUDY OF MALTA GUINNESS SALES PROMOTION OF GUINNESS NIGERIA PLC

 

OBIMMA, JOLET ADANMA

Department of Business Administration and Management, Federal Polytechnic Oko, Anambra State

 

Abstract

This research titled “SALES PROMOTION AS A MARKETING TOOL IN MOTIVATING CONSUMERS’ PURCHASE BEHAVIOUR A CASE STUDY OF MALTA-GUINNESS MULTI-WIN PROMOTION OF GUINNESS NIG.PLC”. Investigated the effectiveness of sales promotion as marketing tool in motivating consumer purchase behaviour with particular reference to Malta-Guinness Nig. Plc. A total of 188 respondents were randomly selected for the research for which 172 scaled through and took part in the study, which was carried in six cities where Guinness Nig .Plc depot are located .The findings of the study of which adopted a descriptive research method showed that the company could take into consideration virtually all the sales promotional strategies. These strategies include sampling and contests, couponing and demonstration, premium gifts/trading stamps, exhibition/rebates, fair and trade shows. It revealed that sampling and contests, couponing, premium gifts were the most considered variables. It also showed the sales promotional objectives of the company to include introducing new products, attracting new customers, inducing present customers to buy more, enable the company to remain competitive, increase sales in an off season .It indicates that the firm set its sales promotional budgets at 5-10% of their annual operating budgets and that customer purchase behaviours are usually directly proportional to its sales promotion budgets. Similarly, the study also reveals that the company’s sales revenues to a large extent depend on the frequency of sales promotional programs. Based on these findings, some recommendations such as engaging the services of marketing consulting firms, employment of other promo tools, increasing the percentage of operating budgets, employment of promotion experts, emphasis on good product quality and consumer satisfaction among others were consequently made.

KEYWORDS: Sales Promotion, strategies, consumer purchase behaviour, market shares, operating budget

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TREASURY SINGLE ACCOUNT (TSA) AND ACCOUNTABILITY OF PUBLIC FUNDS IN NIGERIA

 

OKEKE RAPHAEL CHUKWUMA; & ORAFU EBERE BENEDETH

Department of Accountancy, Federal Polytechnic Oko, Anambra State.

 

Abstract

The impact of Treasury Single Account on Public Fund Management in Nigeria cannot be overemphasized. It was introduced to block financial leakages, promote transparency and prevent mismanagement of government’s revenue, unifies all government accounts, enabling it to prevent revenue loss and mismanagement by revenue-generating agencies. The objective of this study is to determine the impact of Treasury Single Account on Public Fund Management. The specific objectives include; examining the impact of Treasury Single Account on Accountability of public funds; to determine the Impact of Treasury Single Account on Transparency of public funds. In order to achieve these objectives, the survey research design was adopted using primary data with the aid of a questionnaire distributed to selected federal government parastatals in Bayelsa state. It was discovered, based on the findings of the study that, Treasury Single Account has a significant relationship with Public fund management proxies combined. This is represented by the p-value which gave 0.000, 0.001 and 0.003 for accountability, transparency and financial respectively. This is less than a 5% level of significance adopted for this study. The study concluded that Treasury Single Account expectedly improve accountability and transparency and as well reduce leakages in the financial system. Hence, the adoption of TSA should be encouraged by immense public enlightenment and clarification around the significance of the policy in other to nurture its success, the government should also shelter as soon as probable the appropriate statutory support to aid the appropriate regulatory atmosphere which will drive the effective implementation of the TSA. 

KEYWORDS: Accountability, Financial leakages, Public fund management, Transparency, Treasury Single Account 

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EFFECT OF SOCIAL MARKETING AND ENTREPRENEURIAL BEHAVIOR OF INSURGENCY IN MAIDUGURI METROPOLITAN COUNCIL, THE MEDIATING ROLE OF HUMANITARIAN INTERVENTION

 

*ZAINAB IBRAHIM ABDUL; *ALI BABA MUSAMI; & **HAMSATU MUSA

*Department of Marketing, Rampoly, Maiduguri. **Department of Banking & Finance, Rampoly, Maiduguri

 

Abstract

This study examined the effect of social marketing and Entrepreneurial Behavior of Insurgency in Maiduguri Metropolitan Council. The Mediating Role of Humanitarian Intervention. The population of the study is 10,800 respondents and a sample of 386. Data was collected using structure questionnaires administered to the respondents. The data collected was analysed using multiple regression analysis. The major findings of this study reveals that there is significant effect of building business infrastructure of IDPs in Maiduguri Metropolitan Council, there is also significant effect of financial intervention to IDPs in Maiduguri Metropolitan Council, there is significant effect of entrepreneurial skills training that change the behaviour of IDP in Maiduguri Metropolitan Council. Therefore, study recommends that Government and NGOs should provide infrastructural facilities such as building materials and other items to internally displaced persons to continue their businesses activities in their community, government and NGOs should also provide financial incentives to internally displaced persons to continuously engage in entrepreneurial activities in their localities, government and NGOS should train internally displaced persons on entrepreneurial skills to acquire knowledge and competences to become a responsible members of the society in their respective communities.

KEYWORDS: Social Marketing, Entrepreneurial Behaviour, Boko Haram, Insurgency, IDPs.

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AUDITORS INDEPENDENCE IN NIGERIA: A CONCEPTUAL PAPER

 

USMAN UMAR; MUSA HABIB IBRAHIM; &ALIYU ABUBAKAR

College of Business and Management Studies, School of Business and Financial Studies, Kaduna, Polytechnic.     

 

Abstract

In Nigeria nowadays, many corporations are skipping up and they also need to be educated on the role of auditing in their respective businesses. Not only that many individuals are getting more informed on investing, especially in the areas of shareholding, stock exchange and the like and therefore they need to be more adequately informed on auditing of accounts and also to apprehend the level of autonomy auditors have as they set out to audit accounts of companies, giving the Nigerians’ insolence to administrative system and corruption that has eaten deep into the society. Therefore, the study reviews auditors’ independence in Nigeria.  The paper adopted structured review of related literature on audit independent in Nigeria. The study concluded that auditors’ From perspective of accounting professional body (ICAN), the most pertinent requirement of the professional conduct rule is conduct of professional obligation with neutrality and integrity. The auditor needs to appear to their work in essence of independency in fact and attitude of attention. The study recommends that there should be  Regulatory agencies like ANAN and ICAN need to safeguard that tenure of procedure of audit firms is followed strictly as approved by these agencies as this is vital to guarantee independence and increase audit independence.

KEYWORDS: Auditor, Independence, ICAN and Professional

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ROLE OF YOUTH EMPOWERMENT PROGRAMMES IN ACTUALIZING THE TRANSFORMATION AGENDA IN NIGERIA

 

UKONU, EGBE ELIZABETH; & HABU, JINGI UMAR

Department of Office Technology and Management, Federal Polytechnic, Mubi

 

Abstract

Transformation Agenda is a vision encoded with hopes that will turn Nigeria around and give it a new sense of direction. The Transformation Agenda has been articulated into policies, programmes and projects which when faithfully implemented and systematically evaluated are expected to bring about positive changes in developmental indices of the country. The transformation agenda policies and strategies include but not limited to: Job creation, to be achieved through the National Action Plan on Employment Creation (NAPEC), implementing a youth empowerment safety net support programme; development of industrial clusters; reviewing of university curricular to align with job requirements in industry among others.  There has been a lot skill acquisition programme aimed at transforming Nigeria but has constantly failed due to implementation problems. The role of skills acquisition programme in actualizing the transformation agenda are: the placement of unemployed youth as apprentices in private and government establishments for a period of one to three years, depending on their chosen trade and experience helps youths to shun social vices, equipping individual youths with skills that can make them employable, ensuring that after apprenticeship registration, youths are given an orientation course that matches both their attitude and aptitude among others.  There are a lot of challenges that the youths face in the bid of acquiring these skills, they include the following: Location of skill acquisition workshop, problems of instructors, lack of money and start-up-kits and interest of the youths among others.  It is concluded that skill acquisition programmes if implemented well, will actualize the transformation agenda.  It is therefore recommended that Skill acquisition workshops should be established in every nook and cranny of each states of the Federation to make it accessible to the youths. This is because establishing such schemes in selected states and urban areas in the country may discourage a large proportion of the youths from different states and rural areas of the country from benefiting on the programme, competent and experienced craftsmen and women of reputable character should be recruited by the federal and state Governments as instructors to sustain and make the programmes more viable, money and start-up-kits-stocks and tools should be made available to each participant in the scheme promptly to start or set up his or her own business after graduation among others.

KEYWORDS: Unemployment, youth empowerment, skill acquisition, transformation agenda

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EFFECT OF TAXATION ON MONETARY POLICIES IN CENTRAL BANK OF NIGERIA

 

SHAMSUDDEEN, SHEHU. SA’EED; EHADA, SAMSON; HADI, HOROLD BILA; & DANJUMA, KESTER.ENEBI

College of Business and Management Studies, School of Business and Financial Studies, Kaduna, Polytechnic.

 

Abstract

The paper is aimed to determine the nature of taxation and how it can be used as monetary policy and regulate the economic activities in Nigeria. It is obvious that Nigeria being one of the developing states of the world is seriously faced with series of problems which include the extent in which the tax system has been inactive in preventing inflation, the probable effects of a rapid rise in price on revenue and expenditure, The vicious circles of poverty is the gap between the rich and poor is too wide. Therefore, the study expected to cover Nigeria the thirty six (36) stated and FC (Abuja) but researchers decided to limit it to one of the states of the federation Kaduna from 2016 to 2019 since the economy of every state of federation is the same and also use the same tax act applied throughout the federal republic of Nigeria. The population of this study was drawn from the workforce of the central bank of Nigeria Kaduna which consists of 850 staff. Out of a total population of 850 staffs, a sample size of 80 was involved in the study. Systematic random sampling was used to select the sample size out of the population. Mix method sources of data were used to obtained information. The finding of the study show that Taxation is very effective mechanism on monetary policy of Central Bank of Nigeria; because taxation can be employed as a mechanism of planning technique to control monetary in the economy in Combating and preventing inflation and it also used as a measure to regulate the country economy. It recommend that Government should Endeavour to utilized the proceeded realized from taxation on the provision of social amenities in order to reach the rancorous circle of poverty between the rich and the poor and standardized and promote the cost of living to it citizen

KEYWORDS: Taxation, Monetary policy, Economy, Federal, Nigeria.

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THE PRESIDENT CAN RULE FROM ANYWHERE: THE POLITICS OF PRESIDENT YAR’ADUA’S HEALTH AND EXECUTIVE INSTABILITY IN NIGERIA

 

ANYAEHIE JULIET CHIZOBA

Department of Business Administration, Federal Polytechnic Oko

 

Abstract

This paper attempts to analyze the problem of executive instability and conflicts arising from the interpretation of the constitution by federal legislature. It posits that the dominance of sectional interests in the Nigerian politics heightens executive instability and the interpretations of the provisions of the constitution tend to increase political instability, tension and conflict. The pervasive political instability within the executive arm arising from the long absence of President Yar’Adua from office became a major political issue in Nigeria from November 2009 to March 2010. For nearly five months there was absence of executive President in Nigeria, yet his kitchen cabinet saw nothing wrong in this situation. The article argues that in serious government business, such absence could undermine the stability of the executive branch and the policy-making capacity of public authority, if power is not transmuted to constitutionally mandated person. It concluded that political uncertainty has pointed towards a constitutional crisis when President Umaru Yar’Adua took ill and was flown out to Saudi Arabia in November 2009 to be treated for acute pericarditis. His long absence from his executive position as the President without transferring power to his Vice President and the purported return raised succession questions and challenged the power of the National Assembly in resolving the crisis. The article adopted a methodology involving qualitative research based on a review of extant literature.

KEYWORDS: Politics, Instability, President, Health, Executive.

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THE ROLE OF MARKETING MIX ON PERFORMANCE OF SMALL SCALE INDUSTRIES IN KEBBI STATE, NIGERIA.

 

ABBA AJI ABBA*1, MUHAMMED UMAR DIKKO*2

1Department of Marketing, WaziriUmaruFederal Polytechnic Birnin Kebbi, Kebbi State, Nigeria. 2Department of Banking and Finance, Waziri Umaru Federal Polytechnic Birnin Kebbi, Kebbi State, Nigeria.

 

Abstract

Marketing mix in small scales industries in northwestern Nigeria is paramount to success and sustainability in the region, small and medium enterprises are the source of economy growth and development globally, by their very nature, SMEs constitute the most viable and veritable vehicle in developing economy, Therefore, this study analyses the role of marketing mix on performance of small scale industries in kebbi state. A sample of three r hundred and thirteen 313 registered responses was obtained which comprises of the product, place, price, and promotion. Data were collected using questionnaire and was analyzed multiple regression.  The study established all the variables have a positive and significant relationship to performance. The study recommends that small scale industries in kebbi state are to be supported by nongovernmental and governmental organization so that it will enable sustainability and efficiency in this hard time of the economy in kebbi state.

KEYWORDS: Marketing mix, price, product, promotion, place,performance and small scales industries.

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THE IMPACT OF OIL AND NON-OIL EXPORT ON ECONOMIC GROWTH IN NIGERIA (1980-2018)

 

SALISU BABA MANU; & MUSA USMAN ALIYU

Department of Economics, School of Arts & Social sciences. A.D. Rufa’I College of Education, Legal and General Studies Misau. P.M.B. 004 Misau, Bauchi State Nigeria

 

Abstract

This study examines the impact of Oil and Non-oil export on the economic growth in Nigeria. The study includes oil products such as petroleum, gas etc. as well as non-oil exports such as coal, cassava and palm produce etc. Time series data were used covering the period between 1980 and 2018. Unit root test for the stationarity of the time series data was carried out based on Augmented Dickey fuller (ADF). The result revealed that all the variables were found to be stationary at level I(0). Ordinary least square (OLS) regression was carried out to estimate the variables of the main model. Regression result shows that both Oil and Non-oil exports has positive and significant impact on the GDP which proxied economic growth of Nigeria over the period of the study. We therefore recommend that government should come up with a policy which is more export oriented in nature. Thus it should encourage exportation of locally manufactured goods, and provide import substitution industries at home in order to discourage imports. This can improve the balance of payment of Nigeria so as to have   Favorable Balance of Trade (BOT).

KEYWORDS: Oil, Non-oil, Economic growth, OLS, ADF

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EMERGING DISRUPTIVE TECHNOLOGIES AND STRATEGIC MANAGEMENT FOR AGRICULTURAL AND FINANCIAL INNOVATIONS IN THE FAST-MOVING WORLD

 

*OBIAH, MMADUBUIKE EMMANUEL; & **DURU LAWRITA A.

*Department of Accountancy, Imo State Polytechnic, Umuagwo **Department of Agricultural Extension, Federal University of Technology, Owerri

 

Abstract

The study examined the emerging disruptive technologies and strategic management for agricultural and financial innovations in the fast-moving world. It focused basically on financial technological innovation – blockchain technology (BCT). As an opinion paper, descriptive design and secondary data were used. The paper identified some of the major disruptive technologies to include mobile internet technology/internet of things, cloud technology, automation of knowledge work, advanced robotics, renewable energy, placing more emphasis on financial technology – blockchain technology. The paper recommended for immediate adoption, implementation and improvement of blockchain technology to enhance financial service industry in the continent as a measure to meet the demand of the fast moving world. Further empirical study can improve the data analysis of this work, so research is still needed in this area.

KEYWORDS: Disruptive Technologies, Strategic Management, Innovation, Blockchain

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EFFECT OF EMPLOYEE COMPENSATION ON ORGANIZATIONAL COMMITMENT FOR GROWTH AND SUSTAINABLE DEVELOPMENT

 

1JULIANA AUSTINE RAPHEAL; 2ABUBAKAR BARKINDO; & 3TITUS YAKUBU JACOB,

1,2Department of Business Administration Federal Polytechnic, Mubi, Adamawa-Nigeria. 3Department of Accountancy, Federal Polytechnic Mubi, Adamawa State.

 

Abstract

The problem of the study look at how an understanding of the factors involved in job satisfaction is relevant to improve the wellbeing of a significant number of employees for economic growth and sustainable development. The major objective of the study is to assess the relationship between employee compensation and employee performance in Federal Polytechnic, Mubi. The population of the study covered the entire staff of Federal Polytechnic Mubi covering (2,003) staff consisting of academic and non-academic staff, the sample size for this study is 400, which comprises of 786 academic staff and 1217 non-academic staff using proportional allocation formula, the instrument used for collecting data from the respondents is the questionnaire, and the data gathered from the respondent was analyzed using percentage analysis. The result of correlation revealed negative relationship existing between variables, where the r-value of (-0.662, -0.761 and -0.857 < 0.05). Also the findings revealed that majority of the staff of Federal Polytechnic were not adequately compensated. The study therefore, recommends that management should adopt a system of effective compensation management for effective employees’ commitment to tasks and duties to promote economic growth and sustainable development.

KEYWORDS: Employee, Compensation, Organizational Commitment, Growth, Sustainable Development

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A REVIEW OF THE EFFECT OF CORPORATE GOVERNANCE MECHANISMS ON FINANCIAL REPORTING QUALITY

 

GEHYA EMMANUEL FILLI; TITUS YAKUBU JACOB; & OGUNJOBI EMMANUEL ABIODUN

Department of Accountancy, Federal Polytechnic, Mubi, Adamawa State Nigeria.

 

Abstract

Corporate Governance mechanisms are set of authorities and responsibilities that encompass all mechanisms designed to control managers and reduce conflict of interest between managers, shareholders and stakeholders. The paper theoretically reviewed past literatures on how the internal mechanisms of corporate governance (proxied by board size, board independence, ownership structure and audit committee independence) affect financial reporting quality. The paper concludes that the theoretical review has mixed result, some found that corporate governance mechanisms has positive effect on financial reporting quality, others showed divergent result on the effects of corporate governance mechanisms on financial reporting quality. The paper therefore recommends more empirical research on the effect of corporate governance mechanisms on financial reporting quality.

KEYWORDS: Corporate governance, financial reporting quality, board size, board independence, ownership structure and audit committee independence.  

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