13 research outputs found

    The Socio Economic and Pathological Effects of Youth Unemployment in Ogu Bolo Local Government Authority Area of Rivers State Nigeria

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    The study examined the socio-economic and paraphernalia effects and the causes of youth unemployment in Ogu Urban Town and her sister towns in Ogu Bolo Local Government Area LGA of Rivers State Nigeria The study indicated that youth unemployment has a lot of negative effects on the individual family economy and on the society Youth unemployment leads to poverty low productivity and losses on the government in revenue generation rural-urban migration and illicit activities which increase insecurity antisocial activities such as prostitution political thuggery violence restiveness petroleum bunkering and other social vices evident among the unemployed youths and this constitutes danger to the stability growth and development of the Local State and Federal Government Following on the research findings we conclude that problems of youth unemployment must be solved jointly by the three tiers of government beginning with the unemployed and all stakeholders Re-prioritization and revitalization of the agricultural sector fishing predominantly for the riverine communities acquisition of formal education development of the needed infrastructures and building of industries be pursued vigorously which will significantly reduce unemployment in no small measure and poverty reduction as well as eradication of the menace of youth unemployment not only in Ogu Bolo LGA but in the totality of Nigeri

    A Practical Demonstration of Social Networking System in a University Setting: A Case Study of Obong University

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    The study has to do with the explorations of a way to use the internet services to provide a platform for theuse of individuals groups of people and companies to interact with one another through the social media The social media has really assisted interaction and even bringing together business tycoons and their services together through social networking forums blogs et

    The Problems of Rapid Urbanisation in Port Harcourt

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    This work examines the problems of Rapid Urbanisation in Port Harcourt as a cosmopolitan city which has attracted migrants from all parts of the world and these problems have attracted the attention of both the State and Federal Governments because of the realization that if the present pace of urbanization is not checked the benefits of urbanization will be counterproductive Therefore this study looked at the extent to which the housing stock is replenished the pace of urbanization and how it matches the rate of employment generation how well was the provision of infrastructures such as roads social services et

    A Microscopic View of the Exotic Influence of Fiscal Policy on Some Selected Macroeconomic Variables in Nigeria

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    The paper examines the impact of fiscal policy on certain macroeconomic variables in Nigeria from 1980 to 2015 We used Government Expenditure Total tax revenue Unemployment rate and Gross Domestic Product GDP variables data from CBN statistical bulletins Our econometric analysis used was the Ordinary Least Square OLS and cointegration The OLS result revealed that there is a significant relationship between government expenditure and unemployment rate as well as economic growth in Nigeria but there was no substantial relationship between government tax revenue and unemployment in Nigeria as well as no serious relationship existed between the government tax revenue and economic growth in Nigeria The results of the co- integration text revealed a long-run relationship among the variables and the study suggests that government should implement appropriate fiscal policies to stimulate the economy and also find answers to reduce the unemployment rate use necessary financial policy tools to fine-tune the economy in terms of government spending and taxation to enhance the economic growth of Nigeri

    The Racketeering of International Oil Trade: A Synergy of Economic Growth in Nigeria

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    The study examined the impact of international trade on economic growth in Nigeria The specific objectives of the study were to investigate the impact of oil export on the economic growth in Nigeria to investigate the impact of oil import on the economic growth in Nigeria to investigate the impact of non-oil export on the economic growth in Nigeria to investigate the impact of non-oil import on the economic growth in Nigeria Secondary data collected from the statistical bulletin of the Central Bank of Nigeria was used The unit root test result was conducted using Augmented Dickey-Fuller technique which showed that all the variables were stationary though at different levels The Johansen co-integration result revealed that all the variables in the model have a long run relationship The estimated result disclosed that there is a negative and insignificant relationship between oil import and economic growth in Nigeria positive and insignificant relationship between oil export and economic growth in Nigeria positive and significant relationship between non-oil import and economic growth in Nigeria positive and significant relationship between non- oil export and economic growth in Nigeri

    A Microscopic View of the Effect of Unemployment on Economic Growth in Nigeria

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    Employment generation in Nigeria is a welcome phenomenon as alleviating poverty and increasing economic activities to gain economic growth It is the opposite of unemployment that has a devastating effect on the Nigerian economy Nigeria s unemployment situation has increased with its attendant consequences of high social vices enlarged poverty under-utilisation of human capacity social alienation and weak Naira purchasing power At different times Nigeria s government put policies and programmes to solve unemployment but no meaningful achievement is seen so far It was deduced that most of Nigeria s established programs to fight against unemployment could not achieve their desired and expected results Using secondary data we recommend among other things that the agricultural sector be improved upon to create employment and reduce unemployment in Nigeria The public and private sectors should join hands in their quests in reducing unemployment and embark on Entrepreneurial development self-employment training and etcetera is encourage

    The Interface of Public Policy in Nigeria and its Upshot on the Nigerian Economy

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    The term public policy is often confused by people who could not understand what it is The public policy means the mixture of legislation as a result of government politically prioritized ideas with that broad policy directive statements directed at civil service and public agencies periodically to enhance adequate socio-economic and market stability aimed at productivity The lives of individuals and that of business organizations are affected every day by policies instituted by governments political organizations social organizations labour groups educational institutions labour groups service organizations communities and even religious organizations such as churches The pronouncements or policies of all these institutions affect man s life in every ramification especially the economic lives of people The research question is how public policy comes to the fore and what is its interface The research goes on to explain what it is Having explained public policy we proceed to discuss the emergence of public policy in Nigeria and its interfac

    The Economic Impact of the Covid-19 Epidemic on Nigeria Economy

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    Many studies on the impact of COVID-19 are often discussed in developed countries stressing a gap in understanding how the pandemic impacts developing countries This study focuses on the coronavirus called COVID-19 situation in Nigeria and its economic impact on the economy The study also examines the structural causes that worsen the COVID-19 crisis in Nigeria Our findings reveal that the economic downturn in Nigeria was triggered2 by a combination of declining oil prices and spillovers from the COVID-19 outbreak which led to a fall in demand for oil products and social distancing economic activities halted from taking place The government retort to the crisis was to provide financial assistance to businesses and a few households affected by the coronavirus outburst The Federal Government of Nigeria approved accommodative economic strategies by offering a targeted 3 5trillion loan as support to some sectors of the economy However these efforts did not prevent the economic crisis from occurring as expected The Managers of the economy and agents could not freely engage in economic activities to fear contacting the COVID-19 disease that was spreading fast at the tim

    Inventory Management, Organizational Operations and Productivity in Nigerian Companies: A Panacea for Profitability

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    This study examines the effect of inventory management on organizational operations productivity as a means of causing the profitability of companies The study was therefore designed to study how the manufacturing firms managed their inventory materials We used questionnaire in collecting our data The data collected was analysed using spearman s rank-order correlation coefficient and the Pearson product-moment correlation coefficient The findings indicated that the method used by 7Up Bottling Company to manage their inventories in both raw materials and the finished product was efficient as the amount of naira saved in the course of purchase have more effect on the profitability of the company during production selling of the finished goods Controlled purchasing is found to be costeffective The study recommends the following an adoption and application of the economic order quantity EOQ model to save cost and make the operations more efficien

    Creating Conducive Atmosphere through Institution of Good Political-Economic Policies for Sustainable Economic Development in Nigeria

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    This study concerns itself with the creation and administering of an enabling investment climate that will guarantee a peaceful operation and stabilization of the private and public sectors of the Nigerian economy Obtaining a free and cordial business atmosphere will go a long way to bring about poverty eradication The Nigerian economy must enjoy a peaceful environment to allow the economy and business to strive to put to an end of poverty The economy needed a robust investment to push the Gross Domestic Product GDP The 2020 vision of bringing Nigeria to be one of the top 20 most industrialized nations of the world can be achieved in a peaceful environment Several suggestions were postulated for a way forward if our economy must be sustainabl
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