The imperatives of internal audit in Nigerian banks: issues and prospects

Many have argued that internal audit plays a pivotal role in enhancing corporate performance in organizations (Oseni, 1994 and Lav, 2004).This is the focus of this paper, using Nigerian recapitalized banks as a reference point. This paper empirically evaluates the relationship between internal audit and corporate performance. In pursuance of this, a survey sampling of the banks was conducted. The dependent variable was corporate performance that was measured by return on total assets (ROTA).The independent variables were the motivation of internal audit staff and the efficiency of internal controls. The data collected for the variables were subjected to the ordinary least square (OLS) regression analysis. The results indicated that motivation of audit staff positively affect bank’s corporate performance; and the efficiency of the internal control was also positively related to corporate performance. It is therefore recommended that Nigerian banks should professionalize the audit departments to optimize the objectives for which they are established.KEYWORDS: Internal Audit, Corporate Performance, Motivation, Internal Control Efficiency, Internal Audit Staf

Sulphuric Acid Corrosion of Mild Steel in Leave Extracts of Cnidoscolus aconitifolius Plant

Alkaloid and nonalkaloids extracts of Cnidoscolus aconitifolius leaves is reported as corrosion inhibitor of mild steel in HCl. Conventional weight loss measurements and Tafel polarization techniques are employed to study the effect on mild steel corrosion in H2SO4 solutions. The weight loss result revealed that both plant extracts are excellent corrosion inhibitors. Electrochemical polarization data revealed that mixed mode of inhibition. The increase in %IE with change in concentration of the extracts suggests the strong adsorption of active molecules leading to the formation of a protective layer on the mild steel surface.  It was found that adsorption of both leaf extracts followed Langmuir adsorption isotherm model. Keywords: Weight loss, Langmuir isotherm, activation energy, corrosion current density, inhibition efficiency, Cnidoscolus aconitifolius

Potentiality of Diethylamine as Agent of Deproteination and Deacetylation in the Extraction of Chitosan from Scylla serrata Shell

The potentiality of diethylamine as deproteination and deacetylation agent in the extraction of chitosan from Scylla serrata (giant mud crab) shell was investigated. The aim was to find an alternative agent to inorganic alkalis as possible replacement for use in the production of high quality chitosan with the right stability. Pretreatment of the shell was carried out and followed by demineralization using hydrochloric acid. Diethylamine was used for deproteination and deacetylation by modifying some published protocols. Moisture, ash, fat and protein contents of the extracts were determined using their respective standard methods. Fourier Transform Infrared (FTIR) technique was used for spectroscopic analysis. Scylla serrata shell was composed of 14.25% protein, 32.84% mineral (CaCO3), 31.52% chitin and 21.39% chitosan. Moisture, ash, fat and protein contents of chitin extracted from Scylla serrata shell were 2.35%, 3.03%, 1.79% and 3.85% respectively while those of chitosan were 1.65%, 3.84%, 0.53% and 2.80% respectively. Degree of deacetylation (DDA) and carbon to nitrogen ratio were 69.24% and 5.67 respectively. FTIR spectra of the extracted chitin and chitosan from Scylla serrata showed the presence of some active compounds of carbonyl, amide, amine and hydroxyl groups. However, CH3 waging along chain (952 cm-1), CO stretching at 1026 cm-1 and 1073 cm-1, and amide II band (1563 cm-1) were not found in the extracted chitin while HPO42- and amide III were also not found in the extracted chitosan. These moieties were present in the standard chitin and chitosan respectively. This study has shown that diethylamine (organic base) has great potential as agent of deproteination and deacetylation in the extraction of chitosan from Scylla serrata. Consequently, academic activity in the area of investigation of the stability of the extracted chitosan from Scylla serrata using diethylamine as deproteination and deacetylation agent is strongly recommended. Keywords: Diethylamine, deproteination, deacetylation, chitin and chitosan, Scylla serrata shell. DOI: 10.7176/CMR/12-7-07 Publication date:October 31st  2020

Skipping Meals and its Possible Effects on Lipid Profile of Purposively Selected Civil Servants in Aba, Abia State, Nigeria

Skipping meals and its possible effects on lipid profile of purposively selected civil servants in Aba, Abia State, Nigeria was carried out by purposively selecting a total of 35 volunteer human adults. Questionnaires were used to assess the dietary habit while standard biochemical methods were employed for the lipid profile. The results from the anthropometric measurements showed that the mean weights (kg), heights (m), and body mass indices (BMI) (kg/m2) were 80.13 ± 13.41, 1.66 ± 0.18, and 26.98 ± 5.17 respectively for the males and 79.00 ± 16.14, 1.61 ± 0.12, and 26.89 ± 4.78 respectively for the females. The desirable BMI for both males and females are 18.5 to 24.9. Lipid profile result showed that the mean total cholesterol (TCH) was within desirable range of 188.13 ± 45.04 for the males and 196.42 ± 42.39 for the females and the mean high density lipoprotein cholesterol (HDL-C) was within low range of 44.87 ± 10.83 and 43.26±8.58 for the males and the females respectively. However, the mean low density lipoprotein cholesterol (LDL-C) was within the optimal range of 95.56 ± 38.86 and 114.37 ± 30.75 for males and females respectively. The mean triacylglycerols (TG) was within the borderline range of 173.63 ± 113.41 for the males and within normal range of 149.32 ± 100.28 for females. The total cholesterol/ high density lipoprotein ratio (TCHDL ratio) showed that the mean values for males and females were 4.64 ± 1.13 and 4.56 ± 2.02 respectively. The desirable range of TCHDL ratio for both males and females are 3.5 to 6.0. Correlation analysis showed positive correlations between BMI and LDL-C, Waist to hip ratio (WHR) and TAG, Waist circumference (WaistCir) and TAG. The implications of these findings as it relates nutrition and health are discussed

EVALUATION OF CHATTER VIBRATION FREQUENCY IN CNC TURNING OF 4340 ALLOY STEEL MATERIAL

In this study, an experimental investigation of chatter in CNC turning for 4340 Alloy Steel material was carried out. Empirical study of chatter and critical cutting condition in CNC turning has been conducted through a well- designed three-factor three-level experiment, and regression models developed for chatter frequency prediction with up to 99.5% accuracy for the material. The arising model and the mean-effect plots of the cutting speed, feed rate, and depth of cut against Signal-to-Noise (S/N) ratio indicates that increasing feed rates and depth of cuts would bring about increase in chatter vibration frequency while high cutting speeds would have attenuating effects on chatter vibration frequency, thereby suppressing it. The percentage contribution of the cutting parameters to chatter vibration frequency established, and optimal machining condition for the machine chatter optimization obtained at a cutting speed of 320 m/min, feed rate of 0.05mm/rev and depth of cut of 0.5mm. The optimal chatter vibration frequency for the turning tests was found to be 130.00 Hz. With the obtained optimum input parameters for chatter vibration frequency, production operations will be enhanced

Nanostructured Clay (NC) and the Stabilization of Lateritic Soil for Construction Purposes

The use of Nanostructured Clay additive in lateritic soil stabilization and their effect at different percentages on the natural soil was investigated. The preliminary tests on the soil showed it was an A-2-7 soil, according to AASHTO classification. The soil sample was also observed to be silty clayey sand and the general rating as a sub-grade material was ‘GOOD’. The consistency limits result shows that the value of the LL for the natural soil is 47% and 25.15% was recorded for the plastic limit (PL) and finally the PI was 21.85% i.e. highly plastic soil. Further, the effect of the addition of NC in the proportions of 3%, 6%, 9%, 12% and 15% by weight of the stabilized Umuntu Olokoro lateritic soil was investigated. The consistency limits results showed that the addition of variable proportions of NC considerably improved the plasticity of the stabilized soil which gave 13.8%; a medium plastic material at 15% NC addition, compared to the preliminary result of 0% by weight additive which gave 21.85%; a highly plastic material. The strength properties’ test showed significant improvements with the addition of NC; CBR test result recorded 29% at 15% by weight proportion of NC which satisfies the material condition for use as sub-base material and the UCS test results similarly improved consistently and recorded a maximum UCS of 340.18kN/m2 at 15% by weight proportion of NC addition which satisfies “very stiff” material consistency for use as sub-base material. With the foregoing, the addition of various proportions of NC to the stabilized lateritic soil has presented to be a Geotechnical solution to the varied environmental failures on the road pavements. Hence NC satisfies all the material conditions for use as a sub-base material for the stabilization and improvement of the strength characteristics of lateritic soils. Finally, we call on the relevant agencies to use NC as an additive in stabilizing weak lateritic soils for use as either sub-grade or sub-base materials to save both cost and the structural failures on the roads in south eastern Nigeria. Keywords: Environmental Geotechnics; Pavement Geotechnics; Soil Stabilization; Weak Lateritic Soil; South Eastern Nigeria

Knowledge and Management Practices Against Malaria in Isulo Community, Orumba South L.G.A Anambra State, Nigeria

A study to determine the knowledge of, and management practices against malaria among thepeople of Isulo community in Orumba South Local Government Area of Anambra State, Nigeria, wascarried out between April and June 2014. Structured questionnaires were issued to 500 individuals in thecommunity. Personal data including age, sex, educational status, marital status and occupation werecollected with the questionnaire. Educational attainment of the participants were Primary education100(20.0%), Secondary education 60(12.0%), tertiary education 45(9.0%), and non-formal education250(50.0%). All the respondents, 500(100%), were aware of the malaria disease. All the respondents,500(100%) mentioned body weakness, headache and fever as the common symptoms of alaria.480(96.0%) respondents attributed malaria to mosquito bites, 290(58.0%) attributed it to consumption oftoo much of oil, 320(64.0%) attributed it to drinking dirty water. On protective measures against mosquitobites, 500(100%) reported putting of nets on the windows and doors and 485(97.0%) believed on sprayinginsecticide inside houses and sleeping under insecticide-treated nets could prevent mosquito bites. Most ofthe respondents 490(98.0%) believed that malaria needs to be treated while 10(2.0%) said that it was adisease that heals on its own without treatment. Malaria treatment methods of the people included visit tohealth centres or hospital 410(82.0%), buying drugs from chemist shops 195(39.5%), visiting prayer andhealing homes 170(34.0%), use of herbs 415(83.0%), avoidance of oily foods 325(69.0%), self-medication165(33.0%) and no treatment 30(6.0%). There is need to empower them with information about the causesof malaria and proper management practices

Effect of the Golden Liquid from Honeybees and Refined Granulated Sugar on the Blood Glucose and Serum Iron Levels of Albino Rats.

Honey is a naturally sweet substance produced by honeybees from water, pollen, and nectar. Due to its unique nutritional and therapeutic benefits, which are ascribed to the interaction of the various chemical groups it contains, natural honey is one of the most popular consumed products. Modern-day individuals consume a lot of refined granulated sugar, either directly through foods or indirectly from other sources. The consumption of large amounts of refined granulated sugar alters hematological and physiological changes in the body. According to several scientific studies, honey can be a healthier alternative to refined granulated sugar because it does not threaten human health. Consuming natural honey raises serum iron levels and red blood cell counts since it is known that the iron in honey serves as a precursor to hemoglobin. Overconsumption of refined granulated sugar has been identified as a risk factor for metabolic disorders such as obesity, cardiovascular disease, type 2 diabetes, and non-alcoholic fatty liver disease. This study, therefore, investigated the effect of the golden liquid from honeybees (natural honey) and refined granulated sugar on the blood glucose and serum iron levels of 25 Wistar albino rats. The experimental animals used in this study were grouped into five treatments based on the dose of natural honey and refined granulated sugar administered namely: T1 (1.02 g of honey /kg BW), T2 (1.40g of honey /kg BW), T3 (1.02 g of refined granulated sugar /kg BW), T4 (1.40g of refined granulated sugar /kg BW), rats in T5 were not administered honey, and refined granulated sugar served as the control. The blood glucose concentration of the albino rats was measured using the glucose strips with a glucometer while the serum iron analysis was conducted using Atomic Absorption Spectrophotometer. The result revealed that the mean blood glucose level of the rats was highest in T3 (112.95mg/dl), followed by T5 (92.20mg/dl) while the least value was recorded in T2 (74.86mg/dl). There was a significant difference in the blood glucose levels of albino rats orally administered natural honey and refined granulated sugar at varying levels (P0.05) among treatments. It was found that the highest serum iron level was recorded in T5 (1.31±0.395 ppm) followed by T2 (1.22± 0.115 ppm), while the least serum iron level was recorded in T1 (0.88±1.319ppm). It was observed that there were no significant differences in the serum iron levels of the albino rats (p\u3e0.05) among treatments The use of natural honey is recommended since albino rats orally administered honey at varying doses had lower blood glucose levels than those given refined granulated sugar. This work will be a useful tool for understanding the role of honey over granulated sugars, especially among prediabetic and diabetic patients in order to control their sugar levels using diet as a source. This implies that the consumption of natural honey did not significantly increase blood glucose levels. It was therefore recommended that physicians and dietitians should advocate for natural honey use over refined granulated sugar which could be safe for consumption by diabetic patients

Opportunities and constraints facing fish production system in DR Congo

Open Access ArticleThe current aquaculture production systems in the village environment and their constraints and opportunities were studied to understand the reasons for the decrease in the number of fishponds in South Kivu, eastern DR Congo. . Little is known about fish production in South Kivu; thus, this study was carried out in two phases: a survey, a follow-up of the farms over the course of a year and a literature review. Accordingly, 305 aquaculturists from three territories were interviewed from May to November 2019. This breeding is mainly practiced by men (91.6%), adults (45±14 years), married (93.6%), fish farmers with no formal education (36.5%, ) farmers who practice agriculture as their main activity (68.5%, ) and farmers engaged in fish farming as a secondary activity (60.4%). Fish farmers have 13±9 years' experience; and only 39.0 percent of fish farmers received training on good fish farming practices. Membership to groups or associations is low (6.1%). Tilapia sp is the widely cultivated species (82.6%), followed by a combination of Tilapia-Catfish (17.3%). Fish are reared in medium-sized fishponds (358.7±230.4 m2) at unknown age (60.4%), with a reproduction rate of (54.7±37.7 kg) per growth cycle. The main opportunities in aquaculture in South Kivu are water availability (13.5% in Kabare, 31.1% in the Ruzizi plain, and 15.3% in Walungu), the presence of a fish market, and availability of land suitable for aquaculture (27.1% in Kabare, 10.9% in the plain, and 15.3% in Walungu). On the other hand, the main constraints identified are lack of quality fry (75.5% in Kabare) and the high cost of labour (60.9% in the Ruzizi plain and 60.9% in Walungu)