Teachers’ Teaching Experience and Academic Performance in Mathematics and English Language in Public Secondary Schools in Ogun State, Nigeria.

This study investigated the influence of teachers’ teaching experience on the academic performance of public secondary school students in Mathematics and English Language in Ado-Odo/Ota and Ifo Local Government Areas in Ogun State. The study adopted descriptive research design. Study population comprised all the 31 Senior Secondary Schools in the selected two local government areas. A sample of 20 Schools was drawn from the population through the process of simple random sampling technique, made up of 14 schools in Ado-Odo/Ota, and 6 schools in Ifo Local Government Areas. An inventory schedule was the instrument used for data collection. 400 questionnaires, 20 questionnaires per school were administered. 388 (97%) questionnaires were returned. Their responses were analyzed through content analysis. The regression analysis and t-test were used to test hypotheses generated for the study at 0.05 alpha levels. Findings reveal that teachers’ teaching experience has significantly influenced students’ academic performance in Mathematics and English Language as measured by their performance in the SSC examinations and as perceived by the respondents. Schools having more teachers with above 10 years teaching experience achieved better results than schools having more teachers with 10 years and below teaching experience

Stock Market Performance and Sustainable Economic Growth in Nigeria: A Bounds Testing Co-integration Approach

The study examined the relationship between stock market performance and economic growth in Nigeria. It utilized the bounds testing co-integration procedure also known as autoregressive distributed lag estimation procedure. The empirical model combined key stock market indicators and some traditional macroeconomic variables to estimate the hypothesized relationship in the study. It found that in the long-run, overall output in the Nigerian economy is less sensitive to changes in stock market capitalization as well as the average dividend yield thereby casting doubt on the ability of the Nigerian stock market in its present level of development to serve as a barometer for measuring or predicting the overall health of the Nigerian economy as well as its direction over the long-run horizon. The other major finding in the study is that the long-run growth of the Nigerian economy is highly sensitive to marginal variations in interest rate which is suggestive that macroeconomic variables in the country are at present more useful in shaping the long-run direction of the Nigerian economy

Remittance Expenditure Patterns and Human Development Outcomes in Nigeria

This paper investigates the relationship between remittance expenditure patterns and its human development implications in migrant sending communities of Nigeria. In Nigeria, migrant sending communities spread across the country and the expenditure patterns of remittances receipts are likely to differ in characterization along states or geographical regions. This possibility is expected to significantly affect the human development outcomes of remittance expenditures in these communities within the country. The paper therefore probes into the extent to which human development outcomes in migrant sending communities of Nigeria can be associated with remittance expenditure patterns across the country. This study employs survey data from the World Bank Migration and Remittances Household Surveys in Sub-Saharan Africa, 2009/2010. Descriptive analyses of the data were conducted to achieve the objectives of the study. The results clearly exhibit remittance expenditure patterns across the regions of the country that are largely similar. The findings therefore provide a basis for a harmonized policy approach for channeling household remittance receipts into greater productive uses

Econometric Analysis of Exports and Economic Growth in Nigeria

There is no consensus in the empirical literature on the causal links between exports and economic growth. This paper therefore examines the applicability of the Export-Led Growth hypothesis for Nigeria using annual secondary time series data from 1970-2010. The estimation results obtained from the cointegration test and granger causality test within the framework of a VAR model did not support the Export-Led Growth hypothesis for Nigeria. The paper concludes that government must diversify the productive base of the economy, promote non-oil exports, and build up an efficient service infrastructure to drive private domestic and foreign investmen

Fiscal Decentralization and Economic Growth in Nigeria: A Multivariate Co-Integration Approach

Abstract. This paper examines the long run and causal relationship between fiscal decentralization and economic growth in Nigeria for the period 1970 to 2012 using time series data. Results from a multivariate VAR model provide evidence of long run relationship between fiscal decentralization and economic growth in Nigeria. The three measures of fiscal decentralization have a positive and significant relationship with economic growth, Granger Causality test reveals long run unidirectional link running from fiscal decentralization to economic growth. The study recommends the need for government to urgently address the constitutional issue of fiscal powers among the three tiers of government to further strengthen the fiscal base of the state and local governments and increase further the level of fiscal decentralization

Fiscal Federalism in Nigeria: Theory and Practice

Fiscal federalism which mirrors the amount of fiscal autonomy and responsibility accorded to subnational government has been an important subject in the policy equation of many developing, transition, and developed countries. This paper, therefore, examined the evolution, structure, and practices of fiscal federalism in Nigeria. In achieving this, the paper adopted both descriptive and analytical methods by relying on secondary sources for data gathering. The paper revealed that Nigeria has not operated as a true federation since it adopted a federal constitution. Fiscal responsibility and taxing powers still remain considerably centralized. The practice of fiscal federalism in Nigeria has been inhibited by several factors which include; the dominance of the federal government in the revenue sharing, the protracted period of interregnum rule of the military, and over-reliance on the revenue from the Federation account. The paper therefore concluded that the federal government should devolve some of its tax powers to state governments in order to stimulate healthy fiscal independence and competition among states

Teachers’ Teaching Experience and Academic Performance in Mathematics and English Language in Public Secondary Schools in Ogun State, Nigeria.

This study investigated the influence of teachers’ teaching experience on the academic performance of public secondary school students in Mathematics and English Language in Ado-Odo/Ota and Ifo Local Government Areas in Ogun State. The study adopted descriptive research design. Study population comprised all the 31 Senior Secondary Schools in the selected two local government areas. A sample of 20 Schools was drawn from the population through the process of simple random sampling technique, made up of 14 schools in Ado-Odo/Ota, and 6 schools in Ifo Local Government Areas. An inventory schedule was the instrument used for data collection. 400 questionnaires, 20 questionnaires per school were administered. 388 (97%) questionnaires were returned. Their responses were analyzed through content analysis. The regression analysis and t-test were used to test hypotheses generated for the study at 0.05 alpha levels. Findings reveal that teachers’ teaching experience has significantly influenced students’ academic performance in Mathematics and English Language as measured by their performance in the SSC examinations and as perceived by the respondents. Schools having more teachers with above 10 years teaching experience achieved better results than schools having more teachers with 10 years and below teaching experience

Financial Sector Development and Domestic Savings in Nigeria: A Bounds Testing Co-integration Approach

This study examines the long-run relationship between financial sector development and domestic saving in Nigeria for the period 1980 to 2012 using time series data. It employs bounds tests cointegration approach also known as autoregressive distributed lag estimation due to mixed integration order of the variables and small sample size. The study made use of a composite index constructed from the three alternative financial development indicators measures. The econometric results provide evidence of long run relationship between financial sector development and domestic saving in Nigeria. The constructed composite index of financial development has a positive and significant impact on domestic savings likewise each of the respective three components of this index has a positive impact on domestic saving. Government should therefore consolidate on past financial sector reforms to improve domestic saving mobilization to reduce the dependence of Nigeria on foreign savings to finance domestic investment

Is There A Link Between Financial Sector Development and Economic Growth in Nigeria?

There is no consensus in the empirical literature on the causal links between financial sector development and economic growth. This paper investigates the long run and causal relationship between financial sector development and economic growth in Nigeria for the period 1981 to 2011 using time series data. Results from a multivariate VAR and vector error correction model support evidence of long run relationship between financial sector development and economic growth in Nigeria. Granger causality test results also confirm the cointegration results indicating there exists causality between financial sector development and economic growth in Nigeria. The nature of the causality however depends on the variable used to measure financial development. The results demand that government should implement appropriate regulatory and macroeconomic policies to consolidate on the gains of previous financial sector reforms

ECONOMETRIC ANALYSIS OF EXPORTS AND ECONOMIC GROWTH IN NIGERIA

There is no consensus in the empirical literature on the causal links between exports and economic growth. This paper therefore examines the applicability of the Export-Led Growth hypothesis for Nigeria using annual secondary time series data from 1970-2010. The estimation results obtained from the cointegration test and Granger Causality test within the framework of a VAR model did not support the Export-Led Growth hypothesis for Nigeria. The paper concludes that government must diversify the product base of the economy, promote non-oil exports, and build up an efficient service infrastructure to drive private domestic and foreign investment