Journal of Management Science & Entrepreneurship
Vol. 8 (5) March, 2017. ISSN 2373-2878
Hummingbird Publications and Research International,
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Copyright © 2017 Hummingbird Publications and Research International
INFORMATION, INFORMATION SHARING AND BUSINESS SUCCESS IN NORTHERN NIGERIA
* UCHE I. CHARLES, Ph.D. & ** ESUH OSSAI-IGWE LUCKY, Ph.D.
*Department of Public Administration, College of Management and Social Sciences, Oduduwa University, Ipetumodu, Ile-Ife, Osun State, Nigeria.**Department of Business, College of Management and Social Sciences, Oduduwa University, Ipetumodu, Ile-Ife, Osun State, Nigeria.
The present global economic transformation has indicated that information as well as information sharing is a factor that determines the success of many business activities across the globe. In fact, information has become the most sorted asset among other assets by both large and small organizations including the government. However, despite the current availability of information and the level of information sharing in most developed countries of the world, it is unfortunate that “In Nigeria, much too little of this information is currently available at every level of government. In some cases, the problem can be related to the actual absence of information. In other extreme, the information may exist, but is not disclosed to the public in a regular and clear manner.” and this has affected the success of many enterprises and businesses. This paper investigates the impact of information and information sharing on the business success of cyber café and business centres enterprises in the Northern Nigeria. It proposes that information and information sharing would influence the business success of cyber café and business centers enterprises in the Northern Nigeria. The study conducted a cross-sectional study research design with quantitative questionnaire approach on 130 cyber café and business centers enterprises in the Northern Nigeria, selected through convenient sampling technique due to lack of information among the sample size. Data was analysed using the SmartPLS 2.0 and the overall result revealed that information sharing but not information is significantly related to business success of cyber café and business center in the Northern Nigeria. The study concludes among others that information sharing is vital to the success of cyber café and business center in Northern Nigeria. It also proposes a conceptual framework to examine the success of cyber café and business center businesses with particular attention on information sharing and information.
Keyword: Information, Information sharing, Cyber café, Business centers, Business success, Northern Nigeria
THE EFFECT OF LEADERSHIP STYLE ON ADMINISTRATIVE OUTPUT
* ABASS, ABIBU OSHOKE. & **ATIKU, MOHAMMED GWANDU
*Department Of Marketing, College Of Administration, Waziri Umaru Federal Polytechnic, Birnin Kebbi **Department of Business Administration, College of Administration, Waziri Umaru Federal Polytechnic, Birnin Kebbi, Kebbi State, Nigeria
This paper is basically about establishing the relationship between the effects of leadership on administrative output. The right leadership style on a public organization prompts efficient integration of workers in an organization which encourages employees’ participation in selecting and executing of organization goals. In carrying out this work, thirty staff were randomly selected from the Waziri Umaru Federal Polytechnic, Birnin Kebbi for the survey. The instruments used include questionnaire, interview and secondary data. This was to obtain relevant and necessary data. The result of the analysis showed that purposeful leadership style on administrative effectiveness enhance team work, achievement of mandate, productivity and staff loyalty in a public organization. According to the findings of this study, recommendations was for administrative officers look for possible ways of enhancing staff management relationship, whether workers participation in leadership encourage productivity, whether staff performance is determined by effective managerial skill and leadership style, which type of leadership style encourages administrative collectivism, whether leadership style can ensure administrative effectiveness and effect of team work on organisation goals.
Keyword: leadership, policy, output, organisation and goals.
STAFF MOTIVATION AND ORGANIZATIONAL PRODUCTIVITY
DR CHIAHEMBA AUNDE IGUNGU
Federal Ministry of Health, Abuja
The increasing interest in the topical issue of staff motivation in the management literature is predicated by the assumption that job performance is largely rooted in the appeal which job seekers derive from jobs. The present paradoxical situation in Nigeria and perhaps in other countries similarly immersed in an economic quagmire where jobs are not available in the first place makes job discrimination an uncommon episode. But this is not a regular and permanent condition. Under normal circumstances, a job has to appeal to a person to want to engage in it. There may be vacancies in some jobs, yet job-seekers may disdain those vacancies or show reluctance, and may even refuse to fill those vacancies. The major reason is often the fact that such jobs offer no appeal to them. Some workers may work to full capacity in their work roles, while others may choose to maintain just the barest minimum function in order to remain on the pay roll. While some workers may invest themselves in their work and think of how to improve the organizational growth, others may think and talk more of off-work part-time activities that are more significant to them than their regular jobs. Why are these varying worker behaviours? The behaviour of those who appear to be apathetic, disinterested, non-ego-involved commitment to work typifies a lack of motivation. On the other hand, the behaviour of those who appear to be interested, zealous and committed to their jobs typifies a presence of motivation.
Keyword: Motivation, Satisfaction, Organization, Behaviour, Performance, Intrinsic and Extrinsic
MANAGING THE CHALLENGES OF NATIONAL INSECURITY FOR SUSTAINABLE BUSINESS AND TECHNOLOGICAL TRANSFORMATION
*MRS ASMAU SANI MAIKUDI Ph.D, *ADAMU MOHAMMED & S.O. ALEGE
*Department Of Social Sciences, Kaduna Polytechnic,Kaduna **Department Of Political Sciences, Kogi State University, Ayingba, Kogi State
The 21st century Nigeria is dominated by new threats of insecurity such as organized crime, trafficking and civil unrest which have continued to occupy centre stage in the nation and hinders sustainable business and technological transformation. Using secondary method of data collection and analysis, the paper therefore distilled that, the idea of strengthening legitimate institutions and governance to provide citizen security, justice and jobs is a critical issue that requires solemn commitment by any responsive government irrespective of the system or regime in operation. This is because there is a strong correlation between security, business and technological development. This paper recommends the need for restoring confidence, transforming institutions, providing specialized assistance, acting regionally to reduce external/internal stresses on the current fragile state of the nation as a road-map to sustainable business and technological transformation of Nigeria.
Keyword: Insecurity, Business, Technology, Transformation
THE IMPACT OF DIVIDEND POLICY ON FIRMS PERFORMANCE IN NIGERIA: A STUDY OF SOME SELECTED LISTED SERVICES COMPANIES.
* SADIQ RABIU ABDULLAHI, ** ZAINAB YERIMA & HABIBA ADAMU
*Department Of Accounting, Bayero University Kano **Department Of Accounting, Gombe State University, Gombe State
Dividend policy occupies a major role in the financial management of an organization. Dividend policy serves as a mechanism for control of a managerial opportunism. The objective of the study is to ascertaining the relationship between dividend policy and corporate profitability, Investment and Earning Per Shares. Data for the study were extracted from annual report and accounts of six (6) service companies listed in the Nigerian stock market. These data were subjected to regression analysis, using stata 11.0 software and the findings indicate that; there is a significant positive relationship between dividend policies of organizations and profitability, there is also a significant positive relationship between dividend policy and investments and there is a significant positive relationship between dividend policy and Earnings Per Share. It is recommended that Organizations should ensure that they have a good and robust dividend policy in place because it will enhance their profitability and attract investments to the organisation.
Keywords: Dividend policy, firm performance, corporate profitability, investment, earning per share.
AN ECONOMIC AGENDA FOR NIGERIA IN THE CURRENT ECONOMIC RECESSION
MUHAMMAD AUWAL ADAM, MUHAMMAD HARDY MUSA, MUHAMMAD HALLIRU & IBRAHIM HAMZA AHMAD
Recession refers to a general slowdown in economic activity for two consecutive quarters usually resulting to a decline in certain macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business income. The current economic situation in Nigeria has witnessed all the indicators of an economy in recession. It is based on this premise that the study set out to provide an economic agenda that will propel the country out of its current economic woe. In achieving the objective, the study adopts the analytical approach by reviewing the strength and weakness of the economic agenda put in place by previous government. The study concludes that the country is in recession and the policy option recommended include adoption of the Keynesians theory, diversification of the economy, adding value to produce from local farmers among others.
Keyword: Recession, Economic recession, Planning.
EFFECT OF HUMAN RESOURCE MANAGEMENT PRACTICE ON ORGANISATIONAL PERFORMANCE
SADEEQ LAUNI AND NASIRU SALISU
Department of Public Administration, Federal Polytechnic, Bauchi.
Human resource management being the most critical aspect of management is very much concern with how organisations achieves productivity and performance. This performance depend on the effective and efficient utilization of human resources, through managerial and operational functions like planning, organising, staffing, coordinating, training and development, motivation, communication among others. In other words, it is concern with employees and their relationship with the overall organisational goal. Challenges in planning, motivation, training, communication and other human resource functions have undermined performance in organisations. The study explores the effect of human resource management on organisational performance, also examines the goal, functions and problems involved in organisation in Nigeria can affect performance. The study utilizes secondary source of data collection from published literatures like text books, journals, conference papers, newspapers etc. However, the study concludes by assertion that organisation whether public or private cannot achieve performance and productivity without effective human resource management practice and taken consideration of the critical success factors that captures competencies and core values of the employees.
Keyword: Management, Human resource, Performance and KPI’S.
AN ASSESSMENT OF ECONOMIC DIPLOMACY AS AN INSTRUMENT OF NIGERIA’S FOREIGN POLICY UNDER OLUSEGUN OBASANJO LED CIVILIAN ADMINISTRATION
* MOHAMMED-HASHIMU YUNUSA, Ph.D & ABDULRASHEED ADAMU
*Faculty of Arts and Social Sciences, Department Of Political Science, Federal University, Lokoja, Kogi State. **Department Of Political Science, Bauchi State University, Gadau, Bauchi State
There is no doubt that Nigeria was a pariah nation before president Olusegun Obasanjo became a civilian president on May 29, 1999. Before this period, Nigeria was neglected and rejected in the international community. This largely affected the country economically at home. This is because of massive corruption, political instability, insecurity and huge foreign debts that scared away transactional corporations hence, the serious economic frustration on the country Nigeria. To return the country to a comity of nations, President Olusegun Obasanjo on assumption of office as part of his foreign policy posture was economic diplomacy, where he said “Nigeria is his product in the international market”. To be able to sell the product, he embarked on 113 foreign trips within his first four years as the president seeking debt cancellation, foreign direct investment e.t.c. It is against this backdrop that the paper focused on “economic diplomacy as an instrument of Nigeria’s foreign policy under Olusegun Obasanjo led civilian administration”. It is recommended that, a viable and strong economic base is essential for Nigeria to push her interest in the comity of nations. Nigeria should extricate herself from the bondage of Western nations. Nigeria government needs to diversify her economy. Finally, economic diplomacy in Nigeria has to be redefined.
Keyword: diplomacy, economic diplomacy, foreign policy, national interest, development.
ASSESSING LEARNING OF ENTREPRENEURSHIP EDUCATION IN NIGERIAN POLYTECHNICS: IMPLICATION FOR TRANSFORMATION AGENDA
MUHAMMAD, ABDULLAHI SABO (Ph.D), FATIMA, SARAUNIYA CORNELIUS
Department of Education (Technical) Kaduna Polytechnic, Kaduna, Nigeria.
This paper examines Entrepreneurial Education among Polytechnic students in Nigeria. The Polytechnic curriculum specifies that every student to offer courses in Entrepreneurial studies at NDI, NDII, and HNDII before graduation. This study was designed to assess the Entrepreneurial knowledge and skills acquired after going through the courses, using Kaduna Polytechnic as a case study. Five hypotheses were formulated to direct the study. A sample of 250 students of the 2013/2014 session was randomly sampled. A descriptive survey research design was adopted for the study. A structured questionnaire of the Semantic differential format was utilized for data collection. The instrument was validated by Measurement and Evaluation expert, with reliability coefficients of 0.84 and 0.89 for both knowledge and skills respectively established by Cronbach Alfa method. The data was analyzed using parametric statistics of t-test and 2-way ANOVA. The results indicated that substantial knowledge and skills of entrepreneurship had been learned by the students, to enable them become self-reliant and independent to cope with real world of works. Based on this finding, some recommendations were made among which is institutional administrations should ensure those students are exposed to more practical skills sessions by first providing well-equipped Entrepreneurial skills centres or workshops.
Keyword: Entrepreneur, Entrepreneurship Education, Polytechnics Education
POVERTY AND THE CHALLENGES OF SOCIO-ECONOMIC DEVELOPMENT IN NIGERIA
College of Administration and Business Studies, Waziri Umaru Federal Polytechnic Birnin-Kebbi
The paper examines poverty and the challenge of socio-economic development in Nigeria. In analyzing the issues raised, the paper anchored on an approach using social exclusion theory. And using mixed paradigm (quantitative and quantitative) and specifically content analysis, the paper established among others that, a lot of efforts have been made in poverty reduction through poverty alleviation programmes in Nigeria. However, nothing much had changed in the living conditions and standards of the people. The paper concludes that poverty alleviation in contemporary Nigeria requires policies geared toward (sustainable) socio-economic development. Thus, there is a need for given priority in educational reforms, vocational training, water and sanitation, health care delivery, agriculture, housing and power generation. These should be anchored on collectivism and not individualism, with the political will giving to make a landmark achievement.
Keyword: Poverty, Challenges, Socio-Economic Development, Exclusion Theory, Educational Reform
ENTREPRENEURIAL INVESTMENT AND REVENUE GENERATION IN TERTIARY INSTITUTIONS: AN INNOVATIVE APPROACH TO FINANCIAL BURDENS
1 ACHAMA GODWIN IKECHUKWU 2 OBIAH MMADUBUIKE EMMANUEL. U. 3 DR OZO JOHNSON UBAKA
1Department of Business Administration and Management. 2Department of Accountancy Imo State Polytechnic Umuagwo. 3Marketing Option in the Department of Management, Marketing and entrepreneurial studies, Ebonyi State University Abakaliki
The global mantra is financial crunch. Greece is fighting to survive with huge debt burden from European Union. In Nigeria, most states are crumbling resulting to their inability to pay workers salary. Most tertiary institutions could not execute reasonable academic projects with large backlog of salary arrears owed to workers. This is because the tertiary institutions have depended solely on allocations or grants from federal and state government for their sustenance and ignoring possible areas of internal revenue generation. It is on this premise that this study was aimed at looking on how entrepreneurial investment and revenue generation in tertiary institutions can ease this financial burden of tertiary institutions and at the same time stimulate entrepreneurial practical among students in the school. The study adopted the content analysis approach to source, adopt and justify the relationship and effect of position on another. Hence, its profound dependent on secondary data was analyzed to drive home points. The study revealed the possibility and importance of entrepreneurial investment as a revenue generating device for tertiary institutions and recommended among others proactive measures that can be used as the means to alleviating financial burdens.
Keyword: Entrepreneur, Investment, Tertiary Institutions, Revenue Generation, Financial Burden, Innovation.
EMPLOYEES’ COMPETENCY AND INNOVATION IN NIGERIAN BANKING INDUSTRY
Basaura Institute of Comprehensive Education, Birnin Kebbi, Kebbi State, Nigeria.
This paper examines employee’s responses to innovation, and its effects on the performance of the Nigerian banks. First Bank Plc Branches in Kebbi were selected for the research. Data were gathered using quantitative method 400 questionnaires were distributed to the employees of First Bank of Nigeria Plc, 254 questionnaires were returned and 242 were usable. The result shows that there are significance relationship between leadership, recognition and skills with significance of .001, 0.4 and 002. All the three hypotheses were summarized. The thesis recommends increase in training, recruitment of qualified staff as well as good package.
Keyword: Banks; Competence; Employees; Innovation; Performance; Nigeria.
THE IMPLICATION OF TREASURY SINGLE ACCOUNT (TSA) ON THE NIGERIAN ECONOMY (A CASE STUDY OF SOME SELECTED MDAS KEBBI STATE, NIGERIA)
* DR. NIYI AGUDA A. & ** RUKAYAT FUNMILAYO HAMMED
*Banking & Finance Department, Waziri Umaru Federal Polytechnic, Birnin Kebbi, Kebbi State, Nigeria**Fidelity Bank Plc, Birnin Kebbi Branch, Kebbi State, Nigeria
This research work adopts cross sectional survey method to investigate the implication of treasury single accounts (TSA) on the Nigerian economy. For the purpose of this study, primary data will be collected through structured questionnaires administered on respondents. A 5 Likert-type scales questionnaire was designed to be administered to relevant accounting department of some selected Government Ministries, Department and Agencies in Birnin Kebbi. Simple random sampling technique was employed to select a total of 120 officers from federal, state and local government MDAs in Kebbi State. Simple regression of the ordinary least square method was used to analyse data collected from the field while various tests were conducted to test hypotheses in order to fulfil the research objectives. The findings from the questionnaires administered revealed that TSA has impacted positively on the Nigeria economy as majority of the respondents strongly agreed to the fact that the TSA has improved the income and expenditure of the Nigeria economy, reduced financial indiscipline in the economy, increased funds flows that can be channelled to critical sectors of the economy to catalyse development. Finding from the regression analysis also revealed that Treasury Single Accounts (TSA) has a positive impact on the Nigerian economic performance. This implies that the increased implementation of the Treasury Single Accounts (TSA) will bring about an improved economic performance in the country. It was therefore recommended that government should overhaul the capacity of the Federal Ministry of Finance and the CBN to cope with challenges associated with enforcement of the provisions of the TSA. Government should overhaul the capacity of the Federal Ministry of Finance and the CBN to cope with challenges associated with enforcement of the provisions of the TSA. The CBN should also be proactive to legislate measures to correct any loophole or negative impact of the new policy.
Keyword: TSA; MDAs; Financial Mismanagement; Accountability; Central Bank of Nigeria.