Browsing by Author "Shitu, Abdul Muftah"

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    Corporate Board Structure and Human Capital Disclosure of Listed Firms in Nigeria
    (FUOYE Journal of Accounting and Management., 2025-01-26) Shitu, Abdul Muftah; Lawal, Tajudeen; Lawal, LuKman Ojedele.; Yunusa, Mahommad
    They say that humans are all-encompassing and are the driving force behind every business' success. Without employees, businesses would be unable to function and have no one with whom to interact. Although, there is an advancement in automated systems and artificial intelligence, human beings still continue to be the main drivers of innovation and production. Therefore, the purpose of this study is to investigate how board structure affects the disclosure of human capital in Nigerian listed companies. Data were collected from forty-four listed non-financial services firms in Nigeria from 2013-2022. The study analysed the data by means of descriptive statistics to provide summary statistics for the variables. Similarly, the study adopted Ordinary Least Square (OLS) regressions to test the hypotheses. The results of the regression analysis showed that board gender diversity, board education, and the gender makeup of the audit committee all significantly influenced the disclosure of human capital. The result however showed that board nationality does not affect the disclosure of human capital of the firms. This study concludes that board structure improves human capital disclosure of listed non-financial firms in Nigeria. The study recommends that board of directors should be made to have more women and persons with knowledge in accounting, finance, economics and business management as part of the board of the firms in order to influence the decision to increase their human capital disclosure. Keywords: board education, board gender, board nationality, board structure, human capital disclosure.
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    Econometrical Analysis of Determinants of Cash Flow of Institutional Lenders in Nigerian Agriculture: Macroeconomic Variables Perspective
    (IOSR-JHSS International Journal of Humanities and Social Sciences, 2013-10-15) Shitu, Abdul Muftah; Mshelia, I. Shaibu
    The purpose of the study is to examine the determinants of cash flow of institutional lenders in Nigerian agriculture. These determinants are deposit liability, Interest rate, reserve requirement, profit (revenue) and tenure of cash flow. The paper analyses the relationship between these macroeconomic variables and cash flow of institutional lender in Nigerian agriculture. Econometric method was used and linear functional form provided the best fit to estimate the relationship. The results revealed that deposit liability, interest rate and reserves requirement of the monetary authority were important and significant in explaining variability in the level of cash flow of institutional lenders in Nigerian agriculture. Correlation analysis indicated a strong and positive relationship (r = 0.98) movement between the determinants of cash flow. There was a high coefficient of determination (R2) value of 96%. However, the elasticity of the estimated co-efficient revealed that percentage (%) change in the deposit liability, reserves requirement and interest rate made cash flow in agricultural sector to change by 0.52%, 15% and -71.5% considerably. The study concludes that for health cash flow to be meaningful and productive in Nigerian agriculture, early disbursement of credit, feasibility studies, elimination of defective and dysfunctional productive environment, check mating diversion of credit by farmers and evaluating and monitoring of repayment program must be sustained by institutional lenders and other collaborative bodies. Moreover, supportive government credit guidelines and reformed monetary policy as well as desirable financial services, products and technologies need to be proactive to guarantee effective cash flow into Nigerian agriculture. Key Words: cash flow, institutional lenders, agricultural productivity, credit and macro economic variables.
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    Economic Diversification in Recession: A Case of Nigerian Agriculture as a Sign Post for National Development and Sustainable Growth.
    (IJASEPSM International Journal of Advanced Studies in Economics and Public Sector Management., 2017-01-15) Shitu, Abdul Muftah
    Nigerian economy after 56 years of independence, has witnessed once again a downward trajectory in her efforts to achieve sustainable development. The current world statistics in African economy in the mid-year of 2016 has rated Nigerian economy as second largest economy next to South Africa with Gross Domestic product (GDP) of $296 billion U.S. dollars. South Africa economy was considered as the largest economy in African continent with GDP of $301 billion U.S. dollars during the second and third quarter of 2016.This is a reversed trend. In 2014 Nigerian economy was rated as the largest and leading economy using 2014 rebase figures. Recently, International Monetary Fund (IMF) observed that by the end of the year (2016) Nigerian economy would be the largest economy in Africa with GDP of $415 billion U.S. dollars. The present recession faced by the economy has led to a negative growth of 2.06% on the first and second quarters of the year (2016). Economic diversification discourse in recent times in the country with regard to policy of 'BUHARINOMICS' (i.e. change Agenda) as an attempt to re-engineering the economy is focused and dominated on development of agriculture and other non-oil exports. Agriculture has become an arrow head and engine for economic recovery, growth and diversification. This study therefore examines the significant role and obvious comparative advantage of agricultural production as an intervention variable to solving poverty and economic recession. To this end, the paper adopts historical, evaluative and current issues or perspectives to analyze the importance of the sector to Nigerian economy. Neoclassical model and Agricultural Development Strategy were incorporated into the study to investigate and analyze constraints and challenges in Nigerian agriculture which has been abandoned for decades because of wealth of oil and gas production (Dutch Disease).In order to make the sector a sign post for accelerated growth and development, the paper concluded that increased expenditures (i.e. spending), savings and capital investments by government and private initiatives must be sustained in the sector. This would quicken recovery and induce increased agricultural productivity in the economy thereby leading to forward and backward integration in the economy.
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    Economics of Begging: A Critical Assessment of Socio-Economic Determinants of Begging in Nigeria
    (Uniilorin Journal of Adminstration and Development, 2025-02-25) Shitu, Abdul Muftah; Biala, Illias Musa; Odedokun, O. Mathew; Olatunji Mansur Shasi; Jimoh, O. Sodiq; Akande, O. Rasheedat; AbdulKareem, K. k. Hauwa
    The prevalence of begging as an informal activity is a social issue that is prominent mostly in urban areas of many developed and developing countries. While it may be viewed as a way of getting a means of livelihood, it is usually associated with underlying socio-economic issues like unemployment and poverty, and sometimes associated with criminal activities and deceit. This is why some developed countries have outrightly banned begging and some developing countries employ different means to control begging activities. However, to truly understand the problem of begging and tackle the issue at the policy level would require the knowledge of what motivates people to beg and how the supply of the activity responds to changes in the income of the participants. This study therefore examines the socio-economic determinants of begging as an informal economic activity and estimates the income elasticity of begging in Kwara State, Nigeria. A stratified random sampling technique was employed to gather data from 153 beggars in the 16 Local Government Areas of the State using questionnaire and face-to-face interview as the research instruments. The study employed the Ordinary Least Squared (OLS) technique to analyze the data collected given the nature of the dependent variable which is continuous and non-negative. The marginal effect was computed to know the partial effect of each of the explanatory variables on the dependent variable - years of begging. Findings reveal that employment status, access to public goods, physical challenges, and hereditary factors are significant determinants affecting the duration of begging. Specifically, stable employment and access to essential public services, like education and healthcare, are associated with a reduced reliance on begging while physical disabilities and a family history of begging are positively associated with prolonged begging, indicating structural barriers that hinder economic self-sufficiency. Further findings indicate a positive income elasticity of begging which implies that increased earnings from begging reinforce this activity, suggesting a cycle of dependency where financial returns motivate individuals to continue begging. The study concludes that begging is a complex socio-economic phenomenon, with individual and systemic factors jointly contributing to its persistence. Policy-wise, it is recommended that policymakers focus on job creation targeting marginalised and vulnerable populations; disability pensions and employment support for the disabled; improved access to public goods such as quality education, healthcare, and infrastructure and commuunity-led initiatives aimed at the social and economic reintegration of beggars.
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    Economics of Fraud and Foregery in Deposit Money Banks in Ilorin Metropolis , Nigeria
    (FUDMA Journal of Faculty of Management Sciences, Federal University, Dustin-Ma, Katsina State, 2024-06-15) Shitu, Abdul Muftah; Tajudeen Lawal
    This paper investigates the relationship between attitudinal factors and product services or technologies responsible for fraud and forgery in bank operations and transactions for banking public. The research design is a case study and uses survey and descriptive approach. A structured questionnaire was used for data collection and a simple random sampling technique was employed to draw 10 deposit money banks out of 14 deposit money banks in Ilorin metropolis that constituted the population frame for the study. A total number of 100 respondents made of both bank staff and customers of the banks were randomly drawn from 10 deposit money banks that constituted the sample frame. Descriptive statistics, Pearson Product Moment Correlation Coefficient, t- test statistics and coefficient of variation were used investigate the level of variability and strength of association between the attitudinal factors and product services/technologies. From the hypotheses testing, the difference in the means of the variables using Pearson Product Moment Correlation coefficient and t- test statistics showed that t-test value was statistically significant (t-test value =7.515) and correlation coefficient was (r = 0.242). The result reveals that there was a weak linear relationship between the variables. However, both the attitudinal factors and product services/technologies induced fraudulent practices in the banking industry. It was concluded that the hypothesized attitudinal factors have domineering influence in stimulating and inducing frauds and fraudulent practices in the industry than the product services or technologies. The study recommended that bank staff must be trained and retrained on frauds /forgeries prevention. Keywords: Banking, fraud, forgery, attitudinal factors, product services and technologies Introduction
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    Farm Credit Influence on Agricultural Sector Performance in Nigerian Economy
    (IJOBCA Journal of Business, Coommuncation and Administration, Federal Polytechnic Ede, Osun State, 2024-07-28) Shitu, Abdul Muftah
    Agriculture is the dominant sector and main stay of Nigerian economy. Farm credit is considered as a factor of production that could facilitate production in the sector. The study examines the dynamic relationship between farm credit and agricultural sector. Time series data (1987 – 2016) for the study was obtained from Central Bank of Nigeria (CBN) Statistical Bulletin and Annual reports, National Bureau of Statistics (NBS), World Bank Statistics and International Institute for Tropical Agriculture (IITA Ibadan). The sample points (1987-2016) were purposively chosen for the study because 2016 was a year of recession for the economy particularly agricultural sector. Data collected were analyzed using single equation regression (bivariate) model to estimate the parameters. Descriptive and inferential statistics were used to analyze the data. The coefficients of determination R2 for linear and log linear (exponential) were 40% and 27% to explain variability in the variables. The correlation coefficient (r = −0.46, p = 0.01) reflected a negative relationship between farm credit and agricultural real gross domestic product. The findings indicated that agricultural real gross domestic product had a sluggish average growth rate of 31.86% and output expansion path in the sector remained inelastic. Conclusively, farm credit had negative impact on the agricultural sector performance, therefore the study recommended that supply, allocation, and disbursement of farm credit to agricultural sector must be monitored. Delay effect in the delivery of farm credit must be avoided. Moreover, cost of borrowing funds by operators in the sector must be mitigated with low interest rate regime and less conditionalities. Key words: Agriculture, Farm credit, Gross Domestic, Product, Value-added.
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    Political Economy of Unequal Exchange and Economic Development Strategy in Developing Countries: Nigeria Experience
    (IOSR International Journal of Humanities and Social Sciences, 2015-09-17) Shitu, Abdul Muftah
    The objective of the study is to examine the historical Perspective of systematic transformation and incorporation of Nigerian economy into the world capitalist system. The world economy today is based on global relationship of production and distribution (Exchange) which has led to polarization of the world system into the concept of the Metropolis and Satellite. The colonial experience of many developing countries both in Latin America and Africa Countries underline a relationship of exploitation, domination and continuous dependency of less Developed Countries (LDCS) on the centre rather than achieving an autonomous capitalist development. Most of the LDCS are still tied to the apron-string of the forces of neo-colonialism and imperialism due to the contradictory dialectical economic structures of capitalism. These contradictions include contradictions of exploitation, appropriation and expropriation, polarization between the Metropolis and the Satellite. There is contradiction of continuity and change as seen in the economic malfunction and imperfection of the macroeconomic indices for growth and development of most Developing Countries. The paper therefore analyses the historical perspective of transformation and absorption of Nigerian economy into the world system and recommends various policy options that would lead to sustainable growth and development in the economy. Key Words: Less Developed Countries (LDCS), development, under-development, world system, colonialism, capitalism, exploitation, Unequal exchange and dependency.