Browsing by Author "Akinbola, Olufemi Amos"

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    Commercial Policy’s Trade Facilitation Effects on Cost of Operations as Determinants of Multinational Corporations Employability
    (2018-03) Akinbola, Olufemi Amos; Issa, Abdulraheem; Brimah, Aminu Nassir
    This study examined commercial policy‟s trade facilitation effects on employability of multinational corporations in Nigeria considering whether trade facilitation (TF), has a significant effect on the multinational Corporations employability expressed in cost of operation (COP). The study adopted cross sectional research design and considered 5 multinational corporations in the food and beverage and conglomerate sub-sector in Nigeria based on random sampling technique by employing primary data. The sample size constituted the lower, middle and senior level staff of the multinational Corporations at their headquarters and plants to achieve the objectives of this study based on the hypothesis that was formulated. Both descriptive and inferential statistical techniques were employed. The statistical tools used included cross tabulations, Mean, Regression and Correlation analysis with the aid of SPSS computer packages. The results showed that trade facilitation (TF) have significant effect on cost of operation (at P=0.000). In conclusion, the study reflected that each of the performance indicators under consideration related with commercial policy and employability implies the need for compliance by multinational corporations to be ensured as governmental follow up in areas of trade facilitation is pertinent to employment creation. The study recommends that; government is encouraged to continue to play her regulatory, facilitating and participatory roles to foster an enabling operating environment as it will contribute towards firm competitiveness in the domestic and global marketplace.
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    THE POWER SECTOR AND ITS IMPACTS ON INDUSTRIALIZATION OF BUSINESSES IN NIGERIA
    (Journal of Social Sciences and Humanities, 2017-12-25) Abu Zekeri; Idowu, H. A. O,; Akinbola, Olufemi Amos
    The study investigates the link between power supply and business industrial development by examining the influence of government policies on power supply and industrial development in Nigeria. The Johansen Co-Integration technique was adopted to determine the long run relationship among some macroeconomic variables that includes the industrial component of Real Gross Domestic Product, explicitly chosen using explanatory variables. The independent variables includes electricity consumption, electricity production (Kwh), growth rate of labour force, real gross fixed capital formation and telephone lines per hundred population and their impact on industrial component of real GDP. Annual time series data on these variables from 1981 to 2010 were collected from the Central Bank of Nigeria Statistical Bulletin, the World Bank and United Nations Statistics. Augmented Dickey Fuller (ADF) and Phillip-Perron (PP) tests are employed to test the order of integration of the variables. The study also performed a Vector Error Correction Model-VECM to correct possible disequilibrium caused in the short-run relationships. The study concluded that electricity condition which is a result of existing government policies exerts a negative impact on industrial output in the long run affects the business viability.