Department of Economics

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Browsing Department of Economics by Author "Oke David Mautin"

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    A tripartite approach to social inclusion in selected slums in Lagos State, Nigeria
    (Emerald Publishing Limited, 2022-09-28) Popogbe Oluwaseyi Omowunmi; Akinleye Simeon Oludiran; Oke David Mautin
    Purpose – This study aims to examine the social inclusiveness of slum dwellers by focusing on three key institutions which are social relations, government and the labour market. The literature emphasises the activities of these three institutions as indicators of social inclusion. Also, they accurately describe the social interactions of slum inhabitants at different levels. Design/methodology/approach – Three large slums (Makoko, Ilaje and Iwaya) in Lagos State were purposively selected for this study. Using a multi-stage sampling technique, there was the first level of cluster sampling across the communities and second-level random sampling of household heads in the clusters. In all, 400 respondents were sampled but 388 valid responses were used for the analysis. Findings – The study found minimal levels of inclusion in many of the indicators. However, Makoko had a higher degree of inclusion with respect to social relations and political participation compared to the other locations. Due to the poor level of governance, the resilience of slum dwellers has waned. Research limitations/implications The study was limited to three of the largest slums in Lagos State. Moreover, due to threats of eviction in recent times, many respondents were reluctant to provide adequate answers to some of the questions asked. However, the responses gotten were adequate to provide appropriate awareness and relevant recommendations. Originality/value – The use of primary data made it possible for novel results to be generated on social inclusiveness in selected slums. The study extends the frontier of knowledge on social inclusion.
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    Financing Role in Structural Transformation in Nigeria
    (Audoe, 2019) Popogbe Oluwaseyi Omowunmi; Oke David Mautin
    In this paper, the authors examined the role of financing in structural transformation in Nigeria. The key sectors that are investigated in the transformation are the agricultural and industrial sectors. Previous studies on the Nigerian economy scarcely examined both sectors comparatively, a gap which this present study sought to fill. The Autoregressive Distributed Lag (ARDL) analysis was carried out. The result shows a long run relationship between financing and agricultural output as well as between financing and industrial output. However, at a glance, bank financing is more concentrated on the industrial sector than the agricultural sector. There have been increased output in the industrial sector due to increase in money supply while the Agricultural Credit Guarantee Scheme has promoted increase in the agricultural sector’s output. Although policies should be geared towards enabling development of the industrial sector, it is also vital to consciously drive the agricultural sector in order to increase its output production. The agricultural sector, if well-funded, has the capacity to bloom and form a strong linkage with the industrial sector. It is essential that future studies on the Nigerian economy include the service sector in the structural transformation analysis.
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    Understanding the Degree of Social Exclusion in Selected Slums in Lagos State, Nigeria.
    (Yobe Journal of Economics (YOJE), 2020-09) Popogbe Oluwaseyi Omowunmi; Akinleye Oludiran Simeon; Oke David Mautin
    Social exclusion is a key "capability failure" experienced by slum dwellers in major cities ofthe world. This study seeks to examine the degree of social exclusion suffered by slum dwellers in Lagos State, one of the fastest growing cities in Africa. This study adopted an analytical approach by constructing a Social Exclusion Index (SEI) for five major coastal slums (Makoko, Ilaje, Iwaya, Amukoko and Ijora-Badia) in Lagos State, Nigeria. Through the use of a structured schedule as well as interview with some of the respondents, data was elicited from 393 respondents in the selected slums. The descriptive analysis shows that majority of the respondents have large household members and earned very low income. The Social Exclusion Index shows that all the communities have very high degree of social exclusion index implying severe social exclusion. Notably, in the three dimensions analysed, Makoko had the lowest indexes in social relations and political participation while Amukoko had the lowest index in labour market participation. The study further provided a breakdown of the indicators measured under each dimension giving an insight into the factors that contribute to social exclusion across the communities. We recommend that labour laws should be favourable for artisans and small-scale businesses who largely are labour market players in the slums. This would improve their productivity and overall well-being. Also, human capital development through education, training and skill acquisition need to be intensified in order to enhance labour market inclusion of residents. This would in turn advance the standard ofliving of slum residents.