Browsing by Author "Idoko Suzan A."
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Item Determinants of Trade Openness in Western Bloc Of Africa: Do Threshold of Industrial Value Added And Institutions Matter?(Journal of Management Studies, 2024) Idoko Suzan A.; Agbabiaka K. O.; Balogun V. A.; Olakulehin T. H.The research work explores the determinants of trade openness in Western bloc of Africa with critical emphasis on value added by the industrial sector of the economy and quality of institutions in the bloc. With the pre estimation test of unit root test that suggested panel autoregressive distributed lag and fully modified least square for the robustness check for the period of 1996 to 2020 the result of the analysis revealed that the threshold of industrial value added, quality institutions and financial deepening as vital determinants of trade openness in the bloc. Unfortunately, the interaction of the existing institutions with the threshold of value added by the industrial sector of the economy has no impact on trade openness. Conclusion of the research work was on more development of financial deepening, quality institutions and improved value added by the industrial sectors for the bloc to engage in trading beyond primary agrarian products.Item Economic Recession and Private University Performance and Sustainability In Nigeria(African Journal of Entrepreneurship and Business Management, 2017) Idoko Suzan A.; Onochie Maxwell Prosper; Esuh Ossai-Igwe Lucky; Ighodalo David EhizojieThe present study took advantage of the very few studies that exists in the area of private universities performance and sustainability in Nigeria. This study examined the extent to which the present economic recession in Nigeria has affected private universities performance and sustainability of in Nigeria. A quantitative data was generated from 41 respondents derived from a questionnaire distributed via self-administered procedure. The respondents were selected through convenient sampling technique from a private University located at Ibadan, Oyo State, Nigeria. The data gathered was analysed using the SMART partial least square. The results revealed that economic recession has effect on both the performance and sustainability of the private university examined. The study concluded that economic recession significantly affected both the performance and sustainability of the private university in Nigeria. Private universities can reduce the pressure of economic recession through tapping into other areas by a way of diversification - consultancy services and Strategic business services and alliance with industries and also try to become more aggressive in their business activities by organizing more programmes outside the mainstream academic function.Item Economics of Electricity Consumption, Billing and Payment Systems in Igbesa-Agbara Development Area of Ogun State, Nigeria(Confluence Journal of Economics and Allied Sciences, 2020) Idoko Suzan A.; Macaver O. J.; Ojo F. A.The paper examines economics of electricity consumption, billing and payment systems in Igbesa-Agbara Local Council Development Area (LCDA) of Ogun State using Primary and secondary data respectively. The core objectives of the study were to evaluate relationship between electricity consumption and tariffs charged by power distribution companies (DisCos) and effectiveness of revenue collection and remittances by the companies The data were analysed using Pearson correlation analysis. The results upheld the null hypotheses of the study as computed Pearson r (0.024) was lower than the critical table value (0.217) and revenue collection and remittances methods by the DisCos were found sub-optimal. The paper identified contrived scarcity of prepaid meters and rent seeking by field staff of the DisCos as the core challenges of power supply and consumption in the LCDA. To overcome these challenges, the paper recommends that all electricity users in the LCDA should be identified and registered to avoid revenue leakage; prepaid meters should be provided to customers to stem rent-seeking by marketing officers of the Discos; and regular customer relationship management trainings should be organized for all Discos staff that interface with customers and the public.Item Electricity Infrastructure and Economic Growth in Nigeria: Impact Analysis(Confluence Journal of Economics and Allied Sciences, 2020) Idoko Suzan A.; Awe Emmanuel O.; Ugbaka Malachy A.; Abdulkadir Yerima Y.This study analyzed the impact of electricity infrastructure on economic growth in Nigeria using Ordinary Least Square as method of analysis. The study revealed a positive relationship between electricity infrastructure and economic growth in Nigeria, This shows that the poor state of electricity supply in Nigeria has imposed significant costs on the business sector. The bulk of these costs relate to the firms' acquisition of very expensive backup capacity to cushion them against the even larger losses arising from frequent and long power fluctuations. Small-scale operators are more heavily affected by the infrastructure failures as they are unable to .finance the cost of backup power necessary to mitigate the impact of frequent outages. The study therefore recommended for institutional reforms of the power sector in Nigeria.Item Infrastructural Development and Economic Growth in Sub-Saharan Africa(Department of Economics Crawford university, 2024) Idoko Suzan A.This study examined the relationship between infrastructural development and economic growth in Sub-saharan Arica (SSA) Countries, using electricity, education, health, and information communication technology to measure economic growth in this region. The study also examined the causal link between the variables that will influence economic growth in SSA countries because the impact of infrastructure on economic growth in Africa is still not clear as some scholars argued that it impact is not significant, other scholars posited that it is significant to developed economies alone. The study employed descriptive and panel econometric procedure to analyses the date collected. The study utilised annual secondary data, spanning from 1990 to 2021 encompassing ten strategically selected countries grouped into landlocked (Central African Republic, Ethiopia, Zimbabwe & Congo, Sudan), costal (Nigeria, Mozambique, Gabon & Senegal) and insular (Mauritius). The data for the analysis were sourced from World Bank Development indicator (WBDI), Journals, data were also sourced from AIDB, World development indicators (WDI) and Worldwide Governance indicators (WGI), Data selected were analysed using tables, graphs, panel autoregressive distribution lag, fully modified ordinary least square and Dumitrescu & Hurlin and Granger causality test. This study therefore discovered that SSA’s economic development significantly depended on functional infrastructure provision thus suggesting that government needs to formulate and implement sustainable policy strategies that encompass diverse infrastructural components to promote economic growth in SSA. The study also concludes that there is spiral effects and reverse causation which implies that promoting infrastructure development stimulates economic growth and higher growth also consequently leads to better infrastructure development. The study recommends that Policymakers should adopt an integrated approach to development planning, recognizing the interdependencies among sectors. Comprehensive strategies that synchronies investments in electricity, education, health, and information communication technology can create a synergistic effect that will foster sustainable and inclusive economic growth in SSA countries the interconnected relationships between economic growth and various infrastructure components in the various geographical areas studied be put into consideration to foster sustainable and inclusive economic growth in SSA countries.Item Infrastructural Development and Economic Growth in Sub-Saharan Africa(Crawford university, 2024) Idoko Suzan A.; Olufemi M. SaibuThe impact of infrastructure on economic growth in Africa is still not clear as some argued that its impact is not significant, others posited that it is significant to developed economies alone. This study examined the relationship between infrastructural developments using electricity on economic growth in Sub-Saharan Africa (SSA). The study also examined the causal link between the variables that will influence economic growth in SSA countries. The study employed descriptive and panel econometric procedure. Annual secondary data, spanning from 1990 to 2021 and encompassing ten strategically selected countries grouped into landlocked (Central African Republic, Ethiopia, Zimbabwe & Congo, Sudan), costal (Nigeria, Mozambique, Gabon & Senegal) and insular (Mauritius). The data for the analysis were sourced from World development indicators (WDI) and Worldwide Governance indicators (WGI), Data were analysed using tables, graphs, panel autoregressive distribution lag. Fully modified ordinary least square and Dumitrescu & Hurlin and Granger causality test. The findings revealed a short-term insignificant but positive impact of electricity supply infrastructure on development and foreign direct investment on economic growth. The causality tests confirmed bidirectional relationships, emphasizing the interdependency nature between economic growth and infrastructural development in Sub Saharan African countries. This study therefore concludes that SSA's economic development significantly depend on functional infrastructure provision and thus suggesting that government needs to formulate and implement sustainable policy strategies that encompass diverse infrastructural components to promote economic growth in SSA. The study also concludes that there is spiral effects and reverse causation which implies that promoting infrastructure development promotes economic growth and higher economic growth also consequently leads to better infrastructure development. It recommends policymakers should adopt an integrated approach to development planning, recognizing the interdependencies among sectors. Comprehensive strategies that synchronise investments in electricity, education, health, and information communication technology can create a synergistic effect that will foster sustainable and inclusive economic growth in SSA countries.