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- ItemTrade and Sustainable Development: The Nigeria-China Experience(2024-04-18) Abdulkareem, Hauwah K. K.; Jimoh, Sodiq Olaiwola; Akande, Rashidat SumbolaThe significance of Nigeria-China bilateral trade relations has evolved over the years in nature, scope, and impact, making it imperative for mainstream research to analyze its potential implications for sustainable development. This paper assessed the impact of Nigeria-China bilateral relations on sustainable development for both countries from 1980-2020. The Autoregressive Distributive Lag (ARDL) model was used to evaluate how bilateral trade intensities influence sustainable development. Findings show that Nigeria’s export to China wields a positive and significant impact on Nigeria’s sustainable development while China’s export to Nigeria has a negative and significant impact on Nigeria’s sustainable development. Further findings reveal that Nigeria’s export to China does not have any significant impact on China’s sustainable development, while China’s export to Nigeria produced a positive and significant impact on China’s sustainable development. The paper concludes that while trade propels sustainable development, it can also be detrimental through over-reliance on imports and the employment of unsustainable trade practices. In terms of policy import, Nigeria needs to improve its value addition, product innovation, and production processes to improve product standards and international competitiveness. Furthermore, the Nigerian and Chinese governments should invest substantially in research and development of green transport modes for importation activities and ensure their commitment to the Voluntary Sustainability Standards (VSS) to make the Nigeria-China trade relations holistically sustainable.
- ItemExamining the Effect of Government’s Social Expenditure on Unemployment in Nigeria(2024-06-04) Akande, Rashidat Sumbola; Aboderin, Kafayat OThis study examines the effect of government social expenditures on unemployment in Nigeria from 1990 to 2022. Using the Vector Error Correction Model (VECM) method to analyse both the short- and long-run effects, the results revealed that population growth had a significant positive impact on unemployment, while education expenditure showed a positive but insignificant effect. Conversely, health and infrastructural expenditures demonstrated negative impacts on unemployment, suggesting that investment in these areas contributes to reducing unemployment. Based on these findings, it is recommended that policymakers increase public investment in the health sector and infrastructure. This could involve expanding healthcare infrastructure, enhancing funding for medical training programmes, and improving healthcare delivery systems. Furthermore, the government should prioritise and scale up infrastructure development projects, such as road construction, public transportation systems, and urban development initiatives. These projects have the potential to stimulate job creation across various sectors, including construction, maintenance, and management, thereby addressing unemployment and fostering economic development.
- ItemThe impact of Exchange Rate on Industrial Output in Nigeria(2017-03-04) Akande, Rashidat Sumbola; Jimoh, Sodiq Olaiwola; Mustapha RafiuKeywords: Exchange rate, Inflation, Money supply, Monetary policy
- ItemLeaving No One Behind: Examining the effect of financial, gender, and digital inclusion on sustainable development(2024-05-15) Abdulkareem, Hauwah K. K.; Jimoh Sodiq O; Nofiu, Taofeekat T.; Akande, Rashidat SumbolaThis paper analyzes the effects of different dimensions of inclusion toward the attainment of sustainable development in 33 sub-Saharan African (SSA) countries from the financial, gender, and technological perspectives between 2004 and 2021. This study employs the System Generalized Method of Moments given its ability to address potential endogeneity issues, capture the dynamic nature of relationships, and mitigate potential biases while adopting the Driscoll–Kraay standard errors for robustness check. Findings reveal two of the three measures of financial inclusion wield positive and significant effects on sustainable development while credit to the private sector is found to be detrimental. Also, all three measures of gender inclusion (female employment to population, female labor force participation rate, and the number of women holding a seat in parliament) positively influence sustainable development. Contrastingly, the coefficients of digital inclusion (mobile phone sub- scription and internet usage) were revealed to be harmful to sustainable development in SSA. This paper advocates for increased financial inclusion through financial liter- acy, customized financial products, and gender-sensitive financial services. Pertinent are gender policies that address gender norms in addition to the enactment, avowed commitment, and support for affirmative action toward closing gender gaps across all sectors and at all levels.
- ItemEconomics of Begging: A Critical Assessment of Socio-Economic Determinants of Begging in Nigeria(ILORIN JOURNAL OF ADMINISTRATION AND DEVELOPMENT, 2024-08-02) Biala, Musa; Odedokun, Matthew; Olatunji M. Shasi; Jimoh Sodiq O; Akande, Rashidat Sumbola; Abdulkareem, Hauwah K. K.; Shitu, Abdul MuftahThe prevalence of begging is a social issue that is prominent mostly in urban areas of many countries. To comprehensively 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 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 Kwara State using questionnaire and face- to-face interview. The study employed the Ordinary Least Squares (OLS) technique to analyze the data collected. Findings reveal that employment status, access to public goods, physical challenges, and hereditary factors were significant determinants of the duration of begging. Stable employment and access to essential public services were associated with a reduced reliance on begging while physical disabilities and a family history of begging were positively associated with prolonged begging. Further, we found a positive income elasticity of begging. The study concludes that begging is a complex socio-economic phenomenon, with individual and systemic factors jointly contributing to its persistence. 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.