Browsing by Author "Onochie Maxwell Prosper"

Now showing 1 - 3 of 3
  • Thumbnail Image
    Item
    Economic and Financial Crimes Commission (EFCC) As A Strategy For Managing Nigerian External Reserves For Sustainable Development
    (IOSR Journal of Economics and Finance, 2013) Onochie Maxwell Prosper; Okafor Chinonye; Faboyede Olusola Samuel
    Good governance allows a responsible economic and financial management of a nation’s public and natural resources, for the purpose of growth and development. Nigeria’s ability to make remarkable progress in curbing corruption and instituting pragmatic/workable economic and public sector reforms in the system via anti-corruption activities will give her a chance to achieve sustainable growth and development in the management of external reserves. The mechanisms of Economic and Financial Crimes Commission (EFCC), Independent and Corrupt Practices Commission (ICPC) and due process have been very instrumental in this regard. An empirical survey on the performance of EFCC shows that the agency is a very key strategy in redeeming the battered image of the Nigeria and making her external reserves management skills a successful one in spite of the fact that criticisms have trailed the agency’s activities. The paper concludes that on the overall, the realization of the laudable objectives of good external reserves management will be a mirage if leadership problems of lack of integrity, transparency, corruption, and a travesty/disregard for due process, continue to subsist due to an absence of a vehicle for accountability like the EFCC.
  • Thumbnail Image
    Item
    Exploring the Role of Entrepreneurship Studies for Economic Transformation and National Development
    (Nigerian Journal of Business and Entrepreneurship Research, 2014) Onochie Maxwell Prosper; Eke O. Patrick; Moses Chinonye Love
    Lack of right policy initiatives and discipline in the educational system toward producing self reliant graduates seem to be responsible for the high rate of unemployment; increasing graduate unemployability syndrome; low human development index (standard of living) and the "youth budge" syndrome, evidenced in the increasing crime wave. This paper examines the impact of entrepreneurial development studies (EDS) and Nigerian government support of EDSon national development. The paper adopts the ordinary least square (OLS) technique for the analysis and the result identified that there is need for the development of national venture capital and an agency for securitization of such project to support the philosophy of entrepreneurship in Nigeria. Based on the finding of this paper, we recommend that the right policy initiatives and supports should be evolved to develop and drive entrepreneurial capacities and discipline among every Nigerian for National development if Nigeria as a nation wants to become one of the top twenty (20) world economies in 2020.
  • Thumbnail Image
    Item
    The Role of Entrepreneurship Education in the Achievement of Nigeria's Vision 20:2020
    (International Journal of Innovative Research & Development, 2016-04) Amire Comfort M; Onochie Maxwell Prosper; Omolewa Egor Ese
    In an attempt to develop, most developing nations have adopted different developmental policies, giving little or no attention to the principal factors of development. This paper investigated the importance of entrepreneurship when qualifying and quantifying the aggregate indexes of development. The writers argued that in accomplishing the quest for development in Nigeria by 20:2020, entrepreneurship should be considered as the most viable tool. The article structured and synthesized the existing scholarly works, thereby generating new knowledge. The results can be used to enhance fruitful development policy. The article integrated Entrepreneurship and National Development by first identifying conceptual problem of development and then concentrated more on the role of entrepreneurship in National development. The benefits and problems of entrepreneurship in Nigeria are discussed as well as the way out.