Investment Shocks: Sources of Fluctuations in Small Open Economy

This paper contributes to the existing Real Business Cycle (RBC) literature by introducing Marginal Efficiency of Investment (MEI) shocks into small open economic model. Investment shocks are the most important drivers of business cycle fluctuations in small open economy because the fluctuations in all the macroeconomic variables showed a significant response to MEI shocks than productivity shocks. The anticipation of pro-cyclical behavior of the external accounts when the model was augmented with the form of share of consumption in the household utility function, μ, and an appealing, but complex, concave adjustment cost function becomes a standpoint that differentiates this study from other investment shocks literatures. The pattern of the rise in investment in both shocks explains why investment shocks is so important in times of recession and it reveals the main source of fluctuations in a small open economy

Framework for Human Capital Development in Nigeria: A Public-Private Partnership Approach.

This paper investigates the framework for human capital development in Nigeria through a public-private partnership (PPP) approach. No doubt, population of a country determines the subsisted human capital resources and this in turn determines the economic status of such country. Therefore, human capital development becomes a mantra for economic development. Unfortunately, government spending on education and health is so negligible as to make any meaningful impact on Nigerian economy. It is for this purpose the participation of the private sector become very crucial and relevant in the development of human capital of Nigeria. Partnership and corporate social responsibility become an elixir for the framework for private sector participation. The moribund education and health sector need total overhauling and upgrading to facilitate a positive change in our economy and the public-private sector partnership is crucial in effecting this change. The benefit of PPP cannot be overemphasized: it enhances the skills and training of the workforce of a firm and consequently increases the productivity of such firm. So there is a greater benefit in navigating PPP in increasing the national output. This paper therefore contributes to extant literature on PPP approach to human capital development

Framework for Human Capital Development in Nigeria: A Public-Private Partnership Approach.

This paper investigates the framework for human capital development in Nigeria through a public-private partnership (PPP) approach. No doubt, population of a country determines the subsisted human capital resources and this in turn determines the economic status of such country. Therefore, human capital development becomes a mantra for economic development. Unfortunately, government spending on education and health is so negligible as to make any meaningful impact on Nigerian economy. It is for this purpose the participation of the private sector become very crucial and relevant in the development of human capital of Nigeria. Partnership and corporate social responsibility become an elixir for the framework for private sector participation. The moribund education and health sector need total overhauling and upgrading to facilitate a positive change in our economy and the public-private sector partnership is crucial in effecting this change. The benefit of PPP cannot be overemphasized: it enhances the skills and training of the workforce of a firm and consequently increases the productivity of such firm. So there is a greater benefit in navigating PPP in increasing the national output. This paper therefore contributes to extant literature on PPP approach to human capital development

Investment Shocks: Sources of Fluctuations in Small Open Economy

This paper contributes to the existing Real Business Cycle (RBC) literature by introducing Marginal Efficiency of Investment (MEI) shocks into small open economic model. Investment shocks are the most important drivers of business cycle fluctuations in small open economy because the fluctuations in all the macroeconomic variables showed a significant response to MEI shocks than productivity shocks. The anticipation of pro-cyclical behavior of the external accounts when the model was augmented with the form of share of consumption in the household utility function, μ, and an appealing, but complex, concave adjustment cost function becomes a standpoint that differentiates this study from other investment shocks literatures. The pattern of the rise in investment in both shocks explains why investment shocks is so important in times of recession and it reveals the main source of fluctuations in a small open economy

A Theological Reflection of ‘Imago Dei’ as a Response to ‘LGBTQ’ Advocates

The paper aims to engage a theological reflection of Imago Dei as a response to some of the claims of the LGBTQ movement. The reason is consequent to one of the Postmodern challenges, which is an assault challenging the sex of human beings as either male or female. There are arguments for and against the notion that people are created either gay, bisexual, transgender, or straight, for which some are advocating for equal rights and recognition. The paper examined the LGBTQ concept and some of the claims of its advocates. With an analytical approach, the paper submits that being gay, lesbian, or transgender is a choice premised on distorted thinking patterns that have nothing to do with natural inclination. The paper concluded by affirming that human beings as the image of God imply the substantive, relational and functional purposes of humanity, which can only be achieved in two sexes, male and female, making up the whole of humanity for marriage, family life, and community. The implication is that the Church should be intentional in the promotion of sexual education according to biblical teachings

Assessment of Nursing Students’ Level of Satisfaction With Library Services In Selected Universities In Edo State

This study was necessitated by an attempt to find out the nursing students’ level of satisfaction with library services in selected universities in Edo State. Descriptive survey research design was adopted. The population of the study comprised all the 100 to 500 level Nursing undergraduates in selected universities. Accidental sampling techniques was used to draw a sample size of two hundred (200), one hundred and nine three (193) copies were retrieved and analyzed using simple percentage, mean and standard deviation. The findings revealed that majority of the respondents use library loan services (52.3%), user-education services (56.5%), electronic services (50.3%) and photocopying/reprographic services (50.8%). Furthermore, it was discovered that majority of the respondents were satisfied with user-education (mean score 2.53), photocopying/ reprographic services (mean score 2.60) but expressed dissatisfaction with other library services with the mean score of less than 2.5. Finally, findings revealed that out-dated-library materials, unfriendly attitude of library staff to users, lack of awareness of the range of services libraries offer, library that do not subscribe to recent electronic databases, inadequate seats and reading tables, erratic power supply affecting the use of electronic library resources, books that are not always found in the right shelves according to subject area were challenges respondents’ face in using library services. Recommendation were made for improvement in awareness of the range of services libraries offer so as to enhance full utilization of library services; provision for reliable and stable alternative power supply to enhance students’ use of electronic resources among others