INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE AND ENTREPRENEURSHIP VOL. 15 NO.6 (IJMSE)
ISSN-1994-0386 (PRINT) DECEMBER, 2018.
Cambridge Research and Publications International,
Centre for African Humanity and Development Circle
(CAHDC), University of Nigeria, Nsukka,
Enugu State, Nigeria
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PERSPECTIVE OF ORGANISATIONAL MANAGEMENT AS KEY TO ACCELERATE NATIONAL DEVELOPMENT IN NIGERIA
DR. OLADELE AYODEJI ILESANMI
Department Of Business Administration, Osun State University, Okuku Campus, Osogbo, Nigeria
There is usually a gap between knowing and doing that is between theory and practice. The possibilities of progress of any nation are a function of the state of its management arts and science status of the people in the society. The business environment is constantly changing and success is therefore transitory. Nigeria cannot afford to remain static, it must change. Of course, change is the single most important element of successful organisational management. This paper examines the perspective of organisational management as key to accelerate national development in Nigeria. This paper concludes that, the challenge of today and tomorrow relates to, how we can build on our achievements, ensure continuous improvement in the welfare of the people and guarantee political, social and economic stability. This paper recommends that organisational leadership should: adequately empowers workers and identify with their personal needs through motivation, match their words with action, total commitment to national goals and objectives, focus attention on both written agreements and implied expectations of the unwritten social contacts which defines the connection between the leader, an organisation and the people, enhance ability through human capital development, offer opportunity for knowledge creation, retention and transfer, fostering social cohesion and informal network to reduce the amount of distance either physically or psychologically between the leader and the people and the need to understand the change and what it entails in terms of leadership, culture, process, policies and implementation.
Keywords: Organisational Management, Psychological Contract, Social Capital, Human Capital Development, Social Cohesion, National Development.
TECHNOLOGICAL ENTREPRENEURSHIP EDUCATION AND ENTREPRENEURIAL ATTITUDE OF STUDENTS IN TERTIARY INSTITUTIONS
Department of Entrepreneurship College of Management Sciences
Joseph Ayo Babalola University Ikeji Arakeji, Osun State Nigeria.
The study attempts to gain insight into the current attitudes of students towards technological entrepreneurship education and determine the key factors that influence those attitudes. The research design adopted was survey and documentary analysis. Information was gathered from relevant literature and several interviews. The survey involves the collection of data from existing records and finding of the opinion on the subject through the use of structured questionnaire. Stratified sampling technique was used to select the institutions and respondents for the study. The instrument was validated and piloted-tested to ascertain the internal consistency using Cronbach Alpha. Data obtained were analyzed, using mean one-way analysis of variance, percentages and frequency count. A large majority of the respondents are of the view that student background, such as education, personal value, previous work history, role models, society economic and cultural factors, family background, family influence, family traditions, parential entrepreneurial history, exposure and experience, past involvement in business and influence are seen as key factors influencing students attitudes to technological entrepreneurship education choice. Based on the findings the study recommends among others the provision of fund and government to make access to fund easy for both intending students of entrepreneurship education and graduates of entrepreneurship.
Keywords: Technological, Entrepreneurship Education, Attitude, Intentions, Tertiary Institutions.
PROBLEMS OF FINANCING HIGHER EDUCATION IN NIGERIA
*ANTHONY EMHENYA IYOHA (Ph.D), **UMORU YAKUBU
*Department of Public Administration Samuel Adegboyega University, Ogwa Edo State, Nigeria **Department of public administration Auchi polytechnic, Auchi, Edo state, Nigeria
The paper is to proffer solution to the problems of financing higher education in Nigeria. Many people have continued to clamour for free university education. It sounds exciting and noble. However, in the real sense of it, someone has to pay for it. Those who are preaching that gospel believe government should do everything for her people. University education generates public as well as private interests. One thing is absolutely clear, the level of education funding has continued to decline thereby inflicting serious damage on the system of which only a massive contribution of funds can help to rejuvenate it. The author used secondary sources of information. It was recommended among others that federal and state governments should invigorate scholarship schemes, not only as a source of funding but also as a means of identifying and developing productive high level manpower. It was concluded that the provision of education or should be shared responsibility among the federal, state, private sectors and parents.
Keywords: Problems, Financing, Higher, Education, Nigeria.
ROLE OF DISCIPLINE IN ENHANCING PRIMARY SCHOOL MANAGEMENT IN NIGERIA: ISSUES AND CHALLENGES
*Umar MUHAMMAD (PhD), **MUHAMMAD KABIR AEZIKA
Department of Educational Foundations Usmanu Danfodiyo University, Sokoto **Department of Educational Foundations Usmanu Danfodiyo University, Sokoto
This Paper examined Role of Discipline in Enhancing Primary School Management in Nigeria: Issues and Challenges. Primary education is very important in the Nigerian education system. It is the oldest system. Its history in the geographical entity that is now known as Nigeria, dates back to 170 years ago, Lack of discipline in primary school in Nigeria is a challenge to education management in Nigeria. The need for discipline from the grassroot of our educational system has become the turning point in the administration of educational institutions in Nigeria. Primary Education has been universally accepted as an instrument of change and potent tool for socioeconomic development. It is the only weapon yet known for the achievement of purposeful human development objectives in this era of technology driven world economic order. In coping with the demand of social change, Primary education in Nigeria has undergone series of changes in order to develop Nigeria’s economy and meet the aspirations of the citizenry. However, the changes in the system have become mere nomenclature as they have failed to produce the desired results in view of the contending issues that are left unresolved. Thus, inability of the Nigerian government to implement the articulated educational policies, insufficient access, and inadequate infrastructure, among other issues are inimical not only to the educational development but its attendant socioeconomic backwardness. Among the recommendations made are tha, Primary Administrators should establish clear rules and procedures and instruct pupils on how to follow them, giving primary level children and those with low socio-economic status in particular a great deal of instruction, practice and reminders, Make clear to pupils the consequences of behavior, Enforce classroom rules promptly, consistently, and equitably from the very first day of school and finally, Make use of humor, when suitable to stimulate pupils’ interest to reduce classroom tensions.
Keywords:, Discipline, Enhancing, Management, Nigeria, Primary Education
PRIVATIZATION OF PUBLIC ENTERPRISES IN NIGERIA 2000 – 2017: GAINS AND LOSSES
1ALKALI 2ISAH IBRAHIM 3OLATUNJI TUNDE E.
Department of General Studies, Nigerian Institute of Leather and Science Technology, Zaria, Nigeria.
Nigeria, a country so richly endowed in natural resources and human capital is yet to find its rightful footing among the strong economic comity of nations. A major reason being responsible for this economic stagnation is the phenomenon of corruption and economic mismanagement leading to the LOSSES as against the GAINS. Governments have not been pragmatic in implementing the policies of privatization and commercialization as it should. The loses appear stronger than the gains because of corruption and bad political leadership.
Keywords: Privatization, Economy, Mismanagement, Corruption, Political Leadership, Public Enterprise
EMPIRICAL ILLUSTRATION OF MENTORSHIP EFFICACY IMPACTS ON ENTREPRENEURSHIP DEVELOPMENT: SURVEY OF NIGER STATE STUDENTS IN NIGERIAN TERTIARY INSTITUTIONS. ( UNIVERSITIES, POLYTECHNICS, AND COLLEGES OF EDUCATION)
DR. JULIUS ADIMA OSAREMEN
Department of Business Administrative Management, Federal Polytechnic, Bida, Niger State, Nigeria.
This paper examines the significant impact entrepreneurship mentoring in entrepreneurship education and a pivot for national economic development. From studies, entrepreneurship mentoring have both theoretical and empirical efficacy toward enhancing individual and national economic enterprise empowerment and development. However, the most needed political and academic will, to propel and entrench the most needed enterprise culture and mindset, is seriously undermined in our developing countries, institution, and Africa. Apparent gaps in tertiary institution’s course curriculum in entrepreneurship education, due to the conspicuous omission of the mentoring topic of thought in neither theory and practical pedagogical approaches in entrepreneurship curriculum in Nigeria institution, and this correlates or accounts for the economic gap, poverty, increasing unemployment, technological and scientific crimes in the region. The objective of this investigation includes: to quantitatively showcase the significant impacts of mentorship in the enterprise drive of a nation willing to productively eradicate poverty and unemployment in our society, as well as determine the impact of informal and group mentorship in entrepreneurship development in Niger State. The study empirically employed primary and secondary data, hypotheses, extensive literature review, and adopted the questionnaire on an estimated population of 300 students respondent and 120 sample size as sample size using stratified random sampling. The study adopted measurement/instrument from various experts in the field with an outstanding track record of validity and reliability of measurement/instrument. Partial Least Square SEM analytical methods are used to analyze the collected data. The study revealed that group mentor and informal mentor and was positively related to entrepreneurship development, And the researcher recommends that entrepreneurship mentorship should be incorporated into the school curriculum at both secondary and tertiary institution in Nigeria.
Keywords: Mentorship, Entrepreneurship Development, Beacon, Tertiary Institution Curriculum
THE LEGAL CONCEPT OF INSIDER TRADING IN NIGERIA: CRITICAL ANALYSIS
ENAKIRERU ERIC OMO & OMAMEREN PATIENCE DAVID
Delta State Polytechnic, Oghara, Delta State Polytechnic, Oghara
The concept of “insider trading or dealing” is a direct product of commercial activities in the area of securities exchange which is adequately provided for or regulated by statute. In this paper, we have made an attempt at critically examining the concept of “Insider Trading”– which involves trading in securities such as shares, debentures stocks bonds or debt securities. This paper critically examine the implication of insider dealings in lines with statutory provisions and case law as it affect False or Misleading Statement, Fraudulently Inducing Person to Deal in Securities, Prohibition of dealing in Securities by Insiders, Abuse of Information obtained in Official Capital, False Trading, Market Rigging Transaction Securities and Market Manipulation. This paper is concluded with the necessaries remedies available to the victim and also recommends the review of the provision of the Investment and Securities Act as compare with the England or UK insider dealing statutory provision, the Financial Securities and Market Act (FSAMA) 2000, part VIII, and others.
Keywords: Legal, Concept, Insider, Trading, Critical Analysis.
CURRICULUM CONTENTS’ ADEQUACY AND TECHNICAL SKILLS ACQUISITION IN NIGERIA
GIDEON, V. O. (Ph.D)
Nigerian Institute of Social and Economic Research (NISER)
The polytechnics focused on the impartation of technical skills so as to prepare students for employment or self-reliance. However, many polytechnic graduates probably do not possess the skills required in the labour market. This study examined the relationships between curriculum contents’ adequacy and technical skills acquisition in selected South-West Nigerian polytechnics. The descriptive survey research design was adopted for the study. The population of the study comprised 5,960 Higher National Diploma (HND) II full time students of the nine sampled polytechnics in South-West Nigeria. Stratified random sampling technique was applied to select 596 (ten percent) students in Mechanical, Civil, Electrical/Electronics and Computer Engineering Departments. The research instrument used for data collection was “Skills Acquisition and Graduates’ Employment Questionnaire (SAGEQ)” The hypothesis that stated that there is no significant relationship between curriculum contents’ adequacy and technical skills acquisition was tested at.05 level of significance. Data were analyzed using Pearson Product Moment Correlation (PPMC). The tested hypothesis showed that; there was a significant relationship between curriculum contents’ adequacy and graduates’ employment hence, the null hypothesis was rejected. The study recommended more practical work to complement theories in polytechnics; provision of modern resources and qualified staff for impartation of skills, the curricula of polytechnics should be reviewed to align with labour market’s demands and the gap between school and work place should be bridged through Students Industrial Work Experience Scheme (SIWES).
Keywords: Skills Acquisition, Graduates, Employment, Polytechnics, Nigeria.
FOREIGN POLICIES AND AFRICAS ECONOMY: IMPLICATIONS FOR NIGERIAS DEVELOPMENT
*MUHAMMAD SAGIR AUDI **BALARABE ABUBAKAR ***ISSMAI MUHAMMED ANCHAU
*Deparment of Social Sciences **, ***Department of Business Dministration Kaduna Polytechnic, Kaduna.
A policy is a decision or a give plan to do a given thing in a particular way. The Africans no longer feel it is an act of undoing themselves by adopting foreign policies which never originate from within the culture and does not care of the effect it may give birth to if implemented. A major foreign policy focus was the use of aid and assistance as diplomatic weapon. This work tried to ascertain if Nigeria was capable of this and also tried to discern the problems and prospects of the use of aid and assistance as a diplomatic tool.This research adopted several research technique in collecting data witch included oral interviews, journals, newspapers, periodicals and the internet. The work concluded by enjoining African leaders to look inwards in finding lasting solutions to their problems other than adopting foreign policies that are alien and will not solve our problems.
Keywords: Foreign, Policies, Economy, Implications, Development.
POVERTY ERADICATION, POVERTY ALLEVIATION AND SUSTAINABLE DEVELOPMENT: NIGERIA AND THE LESSONS OF THE 20TH CENTURY
SULAIMAN SHEHU ESQ.,
Dept. Of public administration, school of business studies, federal polytechnic, bauchi, nigeria
This study aiming to bring out the lessons that the historical experience of mankind in the 20th century has about the relationship between poverty and sustainable human development. We cannot, however, grasp these lessons, and use them to positively shape our future without an understanding of the meanings and changing significance of poverty in human society. On the basis of it, they rabidly campaign and systematically enforce a bundle of self-serving and somehow contradictory policies and programmes widely known as poverty alleviation. It is not just that the high level of deprivation suffered by the poor reduces their usefulness as consumers of goods and services produced by others, but their exercise of their mental and manual capacities as citizens who have social, educational, cultural, legal, political and economic roles and responsibilities, are severely crippled. Their situation of powerlessness over the essentials for existence generates situations of insecurity within the family, in the neighbourhood, in the community, in the regions and in the whole country. The Federal Government encouraged and “assisted” by the IMF embarked on poverty Alleviation programme for almost three decades now. But the result is as accurate as mathematical equation, few thousands who move out through poverty Alleviation Programmes like micro-credit, and others, will have their place taken by the two or three million who will be thrown into poverty by the free market economic reforms, which the western powers have always been advocating.
Keywords: Eradication, Poverty, Alleviation, Sustainable Development, Nigeria.
EFFECTIVE REVENUE GENERATION THROUGH TAX COMPLIANCE AND TAX INVESTIGATION IN NIGERIA
ISAH MOHAMMED DAMAGUM
Department of Accounting the federal polytechnic Damaturu
Compliance attitude of tax payers in Nigeria is not encouraging. These may have devastating implications on revenue generation. Non-compliance of tax laws are usually premised on tax injustice leading to tax evasion and avoidance. This study focused on theoretical review to discuss the importance of tax compliance and investigation on revenues generation in Nigeria. The study conclude that both tax authorities and tax payer have an obligation to fulfill if meaningful revenue for developmental projects is to be generated otherwise governments’ objectives of facilitating growth and economic development will be jeopardized.
Keyword: Revenue generation, tax compliance and tax investigation
EFFECT OF FINANCIAL LEVERAGE ON CORPORATE PERFORMANCE (A STUDY OF UNITED BANK OF AFRICA (UBA) PLC
IGHOAGUONOR. .O. WILSON, AGUNUWA .E. VINCENT (PhD) & EBIJUWA .O. FAITH
Department of Banking and Finance, Delta State Polytechnic, Otefe, Oghara
This study examined empirically the effect of financial Leverage on corporate performance. The main objective is to determine the influence of financial Leverage on corporate performance. The study made use of secondary data which covered the period between 1990 and 2016, using United Bank of Africa (UBA) as a case study. The data were collated from various sources which include the Nigerian Stock Exchange, World Financial Indicators and UBA financial statements and balance sheets for the period under review. The ordinary least square (OLS) technique was used to analyze the data. The result shows that total treasury securities, total equity shares and Leverage ratio have a positive and significant effect on corporate performance. Total loan has a positive but insignificant effect on corporate performance. On the basis of the above findings the study recommends amongst others that firms should increase their total equity shares and properly review their dividend policies in order to enhance their shareholders wealth and market value of their firms.
Keywords: Financial Leverage, Equity Shares, Long Term Debt, Short Term Debt, Treasury Security and Corporate Performance
HUMAN CAPITAL DEVELOPMENT AND ITS CONTRIBUTIONS TO SUSTAINABLE DEVELOPMENT IN NIGERIA
Department Of Business Administration, School Of Management Studies, Abubakar Tatari Ali Polytechnic Bauchi, Nigeria
This study examines the perceive contributions of human capital development to sustainable development and also examines challenges that confront human capital development in Nigeria.
This study used a descriptive survey design. Purposive sampling technique was employed to select 10 lecturers each from the four selected tertiary institutions in Bauchi State respectively totaling 40 respondents as a sample size for the study. A structured questionnaire designed for the study was employed to source for data. Data were analyze with the aid of mean and Chi-Square. Result shows that human capital development has significant contributions to sustainable development. Result also reveals that inadequate funding of education, illiteracy due to poor education, high level of corruption due to poor moral development, bad education policy and planning, lack of clear language and educational content development and Health challenges due to illness are major challenges facing human capital development in Nigeria. The study concluded that investing in human capital is a driving force for sustainable development. Subsequently, the study recommends that attention should be paid on the human capital development indicators so as to enhance sustainable development in Nigeria.
Keywords: Human Capital Development, Funds, Education, Investment, Illiteracy
THE SECRETARY AND THE SECURITY OF DIGITAL RECORDS
H.T. IRORAKPOR1, B.M. ESIEFARIENRHE2 ANDC. IFESI3
1Department of Office Technology Management, Federal Polytechnic, Bauchi, Bauchi State. 2Department of Math/Stat/Computer Science, University of Agriculture, Makurdi, Benue State. 3Department of Office Technology Management, Federal Polytechnic, Bauchi, Bauchi State.
Digital records are information related to the various activities of the organization stored on the computer, network or the internet. It is the ‘secrets’ of the organization and hence should be protected. The secretary is the custodian of office records and the security of such records should be of utmost concern. The secretary should be equipped with tools and techniques to safeguard and manage records at their disposal. Unfortunately, the secretaries are ill equipped in computer based techniques for information management and thus compromise on security related issues. This paper discusses digital records and the various techniques such as data encryption, steganography, RSA algorithm, public and private keys management and hashing methods of digital records protection. The concluded on the role the secretary should play to safeguard digital records.
Keywords: Digital records, Security of information, Hashing, Data encryption, Steganography
ACHIEVING COMPETITIVE ADVANTAGE THROUGH ENTREPRENEURIAL ORIENTATION STRATEGIES
IBRAHIM ABUBAKAR MIKUGI
Department of Business Administration and Management, the Federal Polytechnic, P.M.B. 55 Bida, Niger State
Competitive Advantage and entrepreneurial orientation have grown separately from each other, though joined eventually when they focused on how organisations adapt to competitive environment and changes in the creation of goods, services and wealth for the sake of performance and survival. The purpose of this study is to examine the relationship between entrepreneurial orientation strategies and competitive advantage. Most business organisations find it difficult to survive in the industry they operate in. This largely could be due their inability to map out a strong strategic approach to withstand the competitive environment they may find themselves, hence their products and services tend to suffer stiff competition as a result of weak strategy implementation. The paper implored a qualitative research approach as methodology. Secondary data was used through existing literature, theoretical and conceptual perspectives which dwell on strategy making modes along 5ps, i.e Plan, Position, Pattern, Perspective and Ploy. This Modes were mapped out with dimensions of entrepreneurial orientation which includes Innovativeness, Proactiveness, Risk Taking, Competitive Aggressiveness and Autonomy. The study concluded that if the framework developed by this study is implemented by organisations, it can help in achieving superior performance relative to other competitors in the same industry.
Keywords: Competitive Advantage, Entrepreneurial Orientation, Strategic Entrepreneurship, Strategy Making Mode, Strategic Plan, SWOT Model
CORPORATE SOCIAL RESPONSIBILITY REPORTING AND FINANCIAL PERFORMANCE OF LISTED OIL AND GAS COMPANIES IN NIGERIA
YUSUF NUHU AND MUHIBBAT ABDULLAHI
Department of Accounting and Finance, Abubakar Tafawa Balewa University, Bauchi
This study examines the impact of corporate social responsibility (CSR) on the financial performance of listed oil and gas companies in Nigeria. The study examines the influence of three CSR dimensions (environment, social and economic) on the Financial Performance (FP) of the sampled firms. The study utilized documentary data collected from annual reports and accounts of the sampled companies for the periods 2007 to 2016. Data was first analyzed by means of descriptive statistics to provide summary statistics for the variables and subsequently, correlation analysis was carried out using Pearson correlation technique for the correlation between the dependent and independent variables. A panel data regression technique was employed for the analysis. The study reveals that two of the three CSR dimensions (environment and economic) have significant positive effect on the Financial Performance while one dimension has a positive but insignificant effect on FP. Furthermore, the study finds an overall significant positive association between CSR and FP. This means that the higher the level of CSR, the higher the FP. Management of listed oil and gas companies in Nigeria should increasingly approach CSR and Corporate Social Responsibility Disclosure (CSRD) issues with positive mind set thereby recognizing it as investment rather than liability. Finally, Financial Reporting Council of Nigeria (FRCN) should come up with reporting standard on CSRD since CSR is beneficial to the government, the listed oil and gas companies and their stakeholders. Keywords: Corporate, Social, Responsibility, Financial, Performance.