INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE & ENTREPRENEURSHIP (IJMSE) (VOL 6 N0. 5), DECEMBER, 2017 EDITIONS, ISSN: 1098-5331
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THE IMPACT OF INSURGENCY ON REVENUE GENERATION IN BORNO STATE
*ABBA MOHAMMED KYARI, HAMSATU MUSA *HAMSATU MUSA **BABAGANAMALLAMABATCHA
*Department of Banking and Finance, Ramat Polytechnic Maiduguri **Department of Accounting, Ramat Polytechnic Maiduguri.
ABSTRACT
This study examines the Impact of Insurgency on Revenue Generation in Borno State . Primary and secondary sources of data were used. Hypotheses were stated; questionnaires were drawn in line with the hypothesis for testing. Analyses were carried out using descriptive statistics, nonparametric and parametric statistics . All null hypotheses were rejected that leads to the acceptance of the alternative hypothesis. Among the findings were that: Insurgency have significant adverse effect on tax assessment process resulting to inappropriate assessment of tax liabilities; Insurgency have significant effect influencing poor personal income tax collection; and Insurgency have no significant effects on remittance of taxes to the Authority. The study concludes that Insurgency is a serious threat to fiscal policy, economic activity and the population, except there are peace and harmonious co-existence, taxation and tax administration cannot be managed effectively. This study has shown that personal income tax administration is suffering in the days of insurgency and that taxation of self-employed taxpayers is more affected from assessment process to collection level are adversely influenced.
Keyword: Insurgency, Revenue Generation, Income Tax, Personal Income Tax, Assessment
THE EFFECTS OF UNEMPLOYMENT ON SUSTAINABLE DEVELOPMENT IN NIGERIA
BABAGANA MOHAMMED
Department of Public Administration, Ramat Polytechnic Maiduguri.
ABSTRACT
The thrust of this study is to examine the effects of unemployment on Nigeria’s sustainable development. The justification for the study is because of the consequences of unemployment on the socio-economic development of the country. Based on secondary data, the study revealed that unemployment in Nigeria is partly responsible for the rising increase of poverty, disruption of oil production through pipeline vandalization, emergence of deadly groups such as Boko Haram, Niger Delta Boys, Ombatse, armed robbers, kidnappers and waste of human and material resources that have caused setback in the sustainable development of Nigeria. It is against this background the article recommended that government has to play a prominent role if unemployment is to be reduced to the barest minimum by intensifying efforts to create more vocational skills acquisition centres, effective government collaboration with the private sector to create more jobs by putting in place a conducive atmosphere for investments, absolute and robust agricultural reforms to attract the unemployed to farming among other measures. These among other measures it is believed will put Nigeria on the right track to sustainable development.
Keywords: Effects, Unemployment, Sustainable, Development, Nigeria.
ERADICATING FOOD INSECURITY IN NIGERIA THROUGH AGRIPRENEURSHIP: (An antidote to sinking global economy and frustrating of hunger in African)
ACHAMA, GODWIN IKECHUKWU1, OBIA MMADUBUIKE, EMMANUEL2, DR OZO JOHNSON UBAKA IGBOKWE3,
Department Of Business Administration Imo State Polytechnic, Umuagwo1, Department Of Accountancy, Imo State Polytechnic, Umuagwo2, Department Of Marketing, Ebonyi State University Abakiliki3.
ABSTRACT
A recession is a downturn in a nation’s economic activity. The global economy is sinking virtually every day in the mist of hunger. The consequences include increased unemployment, decreased consumer and business spending, and declining stock prices. In addition to these in the Nigeria a dimension is the high food prices as a result of Boko Haram terrorist activities in the North East and inadequate infrastructural facilities in the food supply chain. Therefore, this paper is aimed at making an evaluation of food insecurity in Nigeria. The focus of the research is directed to seek solution to the sinking global economy and frustration of hunger in Africa through eradicating food insecurity in Nigeria through agripreneurship. The study adopted qualitative research design and relies heavily on content analytical methodology of data analysis. Security data were generated from the review of related literature to the study. The paper revealed that inadequate food production and infrastructural facilities necessary to ensure supply chain within the country and by extension Africa is the cause of food insecurity in Africa. In other words, the recovery of global meltdown will be facilitated by proper eradication of hunger for sustainable development. The paper recommended agripreneurship as a measure to enhance food security through adequate polices on agricultural development which should be linked with infrastructural security. The paper can be subjected to empirical analysis to elicit quantitative data analysis on this topic.
Keywords: Global economy, hunger, food security, agripreneurship, infrastructure.
REVIEW OF PAPER “REGIONAL INTERGRATION IN EAST AFRICA: DIVERISTY OR ECONOMIC CONFORMITY, 2012 BY JUNICHI GOTO
ASEN OMONIKE SALEWA AND PETER NJIRAINI
*Department Of General Studies, Federal Polytechnic, Bauchi **Department of Applied Economics, School of Economics, Kenyatta University
ABSTRACT
Regional integration is a process in which states enter into a regional agreement in order to enhance regional cooperation through regional institutions and rules. It became popular because most regions are losing out on multilateral trade negotiations. Various arguments have been advanced in favour and against the formation of Preferential Trade Arrangement (PTA), Common Market and Currency (Economic) Union. These arguments were based on their relevance of these levels of regional integration to the economic development, growth and stability of member countries. The main objective of the paper was to examine the economic rationale for the regional integration of real and money markets in East Africa taking cognisance of the economic and social diversity among member countries. The paper specifically examined: the degree of interdependence in terms of trade in East Africa; the macroeconomic preconditions for currency unification in the region using optimum currency area (OCA); and the criteria for OCA in East Africa.
MARKETING STRATEGIES IN A COMPETITIVE ENVIRONMENT (A CASE STUDY OF UNITED PARCEL SERVICE (UPS) MAIDUGURI, BORNO STATE.
HASSAN, M.(1), MOHAMMED, B.(2), IBRAHIM, Z.(1) AND ALI, B.(2).
1Department of Marketing, Ramat Polytechni Maiduguri, Maiduguri, Borno State, Nigeria 2Department of Banking and Finance, Ramat Polytechnic Maiduguri, Maiduguri, Borno State, Nigeria.
ABSTRACT
Various factors can affect the performance of any business, in the face of competition, it is of paramount importance therefore that the business executive be very observant of the obtainable trends inherent in their market, what will give it the needed edge over others in the same line of business; how efficient and effective are the strategies currently employed by the organization? What marketing strategies are best applied to meet challenges? What possible benefits are obtainable in employing an adequately comprehensive marketing strategy which might be of relevance to business effectiveness? The study examines the product policy, pricing policy, distribution policy and promotion policy of the United Parcel Service (UPS). It also examines the effectiveness and efficiency (or otherwise) of the application of the 4Ps: product, price, place and promotion (that is marketing mix) in UPS and seeks to find out if the marketing policies of UPS and strategies adopted suit the Nigerian market. The researcher found out that advertisement as a promotional tool create awareness and also enlighten the public on UPS services. The customer expects more information about UPS services and places greater emphasis on the quality of service delivery.
Keywords: Strategies, Competitive, Environment, United, Parcel.
AN EVALUATION OF THE EFFECT OF THE ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) ON CORPORATE PROFITABILITY IN NIGERIA
(1).ABDULLAHI MU’AZU (2).USMAN MUHAMMAD BATURE (3).IDRIS AHMED YUSUF (4).ALI USMAN
Department of Accountancy, federal Polytechnic, Bauchi.
ABSTRACT
The study examined the effect of the adoption of international financial reporting standards (IFRS) on corporate profitability in Nigeria. On 28 July, 2010, the Nigerian federal executive council approved January 1, 2012 as the effective date for the convergence of Nigerian statement of accounting standards (SAS) or Nigerian GAAP (NG-GAAP) with international financial reporting standards (IFRS). This study will evaluate the effect of international financial reporting standard on corporate profitability in Nigeria. The research work basically aims at ascertaining how international financial reporting standards have helped in advancing the objectives of corporate organizations profitability in Nigeria. Data for the study was obtained from secondary source such as textbooks; journal and the results of the findings were discussed in narrative form. The study revealed that the adoption of international financial reporting standard (IFRS) plays a significant role on the performance of firms in Nigeria. The study recommended that comprehensive implementation of the standard to its totality by businesses in Nigeria should be encouraged and regulatory authorities such as the Securities and Exchange Commission and stock exchange markets should monitor strict compliance with the provision of the standards.
Keywords: Effect, International Reporting Standards, Corporate Profitability: Nigeria.
TREASURY SINGLE ACCOUNT: AN ESSENTIAL DEVICE FOR GOVERNMENT EFFECTIVE CURRENCY MANAGEMENT IN NIGERIA
ALHAJI KAWUGANA
Federal Polytechnic P.M.B. 0231 Bauchi, Bauchi State
ABSTRACT
The TSA has been defined as a process and tool that unifies all government accounts in a single unit for the effective management of its finances, bank and cash position. The benefits of the implementation of the TSA are mainly financial as the absence of multiple banking arrangements will bolster the monitoring and transparency of MDA operations and prevent funds from been easily diverted from their original purpose. The research will determine the primary objective of treasury single account and its implementation to ascertain the effects and benefits of Treasury single account. It will also determine the implementation strategy of Treasury single account. The result of the research in Nigeria will be determined to guide policy makers in the future. The research will advance the efficiency of implementing Treasury single account and their roles in resolving dispute. The research design used for this study is both quantitative and qualitative. The study area is Ministries, institutions, Parastatals and departments. Stratified sampling technique was used to select 400 sample sizes. This was based on the sample size guideline that when the population is about 5000 or more, 400 sample size is adequate for the study (Leedy and Ormrod, 2005), Olatunji, 2010 and Usman, 2015). Questionnaire and interview will be used to source data for the purpose of this research .The strata comprise of ministries, institutions, parastatals and other departments’ .The data will be analyzed using analysis of variance (ANOVA)
Keywords: Treasury Single Account, Indispensable, Device, Currency Administration
THE ROLE OF FINANCIAL INSTITUTIONS IN THE ECONOMIC DEVELOPMENT OF NIGERIA: A REVIEW OF LITERATURES
OKPE GABRIEL, MOHAMMED UWAIS H. & OLEABHIELE E. PAUL
Department of General Studies, Federal Polytechnic, Bauchi
ABSTRACT
The study set out to ascertain the extent to which financial institution have helped in the economic development of Nigeria. The fundamental issue in Nigeria today is the manner in which it can break away from the grip of poverty and under development. One of the objectives of this study is therefore examining the role of financial institution in development of Nigeria using their bringing together the small scattered saving surplus unit in the country and deficit borrowers for creations since there is empirical evidence that development cannot occur without high availability of liquidity in the economy. The finding showed that: (i) Low credit availability to potential investors inhibits capital formation in commercial bank. (ii) Financial institution has been in the mobilization of saving and channelling such to long-term investment. Based on findings it is recommended among other the central bank should release certain policies in other to enable bank grant more long term loans to investors. This should be channel to preferred sectors of the economy like manufacturing, agriculture, science and technology.
Keywords: financial institution, development, poverty, savings and liquidity.
RELATIONSHIP BETWEEN ENGLISH LANGUAGE AND EMPLOYMENT IN BANKS: A CASE STUDY OF SOME BANKS IN YOBE, KANO AND KATSINA STATE CAPITALS:
*TIJJANI SALEH ABBA, **MUSTAPHA BATURE SANI & ***ABDURRAHMAN USSAINI
*Yobe State College of Agriculture, Department of Basic Sciences **Yusufu Bala Usman, College of Legal and General Studies Daura, Katsina State. ***Sa’adatu Rimi Collegeof Education, Kano
ABSTRACT
This study is aimed to determine the relationship between English language and employment in Banks and answered the following main question: What is the role of the English language in bank work as viewed by Employers in Banks? The study also examines the following null hypothesis: There are no significant differences at (α≤0.05) in banks employees’ attitudes of these three major towns towards the importance of English language at bank work according to: language of study, age, experience, level of English, and level of education variables. From the previous survey on the importance of mastering English in banks’ environments, through which we may find an urgent need for English in dealing with English speaking customers and semi-literates, understanding new electronic administration requirements, and dealing with English documents and endorsements and getting use of some foreign experience in developing banks’ work, we can infer that there is high awareness for the need of English at bank’s environment among banks employees in the selected towns and that there is a distinctive motivation among employees of the banks towards spending time learning English through courses or workshops.
Keywords: English language, Commercial banks, Bank employee, relationship, employment.
ENVIRONMENTAL ACCOUNTING DISCLOSURES, RESPONSIBILITY AND FINANCIAL PERFORMANCE: A STUDY OF LISTED OIL COMPANIES IN NIGERIA
YUSUF OVA MUTALIB* YAHAYA MOHAMMED ADAMU** AND EMMANUEL UAREME IRIABIJE,
*& ***Department of Accountancy, school of Business, federal Polytechnic Bauchi ** Department of Business and Administration and management, school of Business, federal Polytechnic Bauchi
ABSTRACT
The increase in global environmental awareness and the campaign for sustainable economic development is redirecting the attention of firms towards environmental sensitivity. Multinational oil companies in Nigeria extract a large amount of the world’s energy but treat the indigenous resident with neglect as claimed by oil producing communities. While on the other hand, the oil companies are claiming to be discharging their environmental responsibility. Therefore, the study examines the impact of environmental responsibility on the performance of quoted Nigerian oil companies. Correlation research design is adopted using multiple regressions as tool of analysis for the study. The result reveals that environmental responsibility has significant impact on the performance of quoted oil companies in Nigeria. It is therefore recommended that the management of oil companies should increase charitable contribution among others to their host community.
Keywords: Environmental Accounting, Financial performance, oil companies and Nigeria Stock Exchange (NSE).
REDUCING AND COMPOSTING RESTAURANT FOOD WASTES FOR HIGHER ECONOMIC PERFORMANCE IN JOS METROPOLIS
ESTHER ZWALNANBALE 1, GOYANG LERITSHIMWA JOSEPH 2
1Department of Home and Rural Economics, Plateau State College of Agriculture, Garkawa 2Department of Nutrition and Dietetics, School of Environmental Health, Plateau State, College of Health Technology, Pankshin
ABSTRACT
A tour of restaurants in Jos metro revealed a high volume of food wastes which constitutes a menace and a challenge to environmental sanitation policy of Plateau State government. This is so because of the improper and indiscriminate manner by which these wastes are disposed. The increasing food wastes by homes and industries are a problem that is receiving a global attention. The restaurants and hotel restaurants in Jos are contributing immensely to this ugly trend. This study assesses the volume of food wastes produced by restaurants in Jos metropolis with the aim of exploring ways to reduce the trend and compose the wastes so discharged for other integrated purposes. Data were collected from 30 randomly selected restaurants through structured questionnaire that probed into the nature and quantity of wastes generated, waste disposal habits of restaurateurs and awareness about economic value of converting food wastes into composite manure. A simple descriptive data analysis reveals that a lot of both solid and liquid wastes are generated daily and most restaurant owners are unaware and have little or no experience of composting the wastes as manure for integrated uses. It is recommended that a series of sensitization workshops should be organized for restaurant owners in Jos by agencies of government responsible for sanitation. The establishments can compost the wastes as manure to grow their own vegetables or these agencies can as well undertake to evacuate food wastes to designated farm lands where indigenes can be employed to engage in horticulture.
Keywords: Restaurants, Food wastes, Waste management, Economic Performance
RE-INVESTIGATING THE INFLUENCE OF CAPITAL ON BUSINESS START-UPS AT ILE-IFE
*EDEM OKON AKPAN & **ESUH OSSAI-IGWE LUCKY, PH.D.
*Department of Accountancy, School of Business Studies, Federal Polytechnic Bauchi **Department of Business Administration, College of Management and Social Sciences, Oduduwa University, Ipetumodu,Ile-Ife
ABSTRACT
Authors in the field of business management are yet to agree on what extent lack of capital resources determines business start ups. While some believe that lack of financial resource influences business start-ups other argued that lack of financial resources do not influence business start-ups as some many have started their business with just their idea. To substantiate this, a cross-sectional study design with quantitative questionnaire approach was conducted among small business owners in Ile-Ife. A sample of 56 business owners was drawn through convenient sampling technique and data was collected via self-administered procedure. The hypothesis was tested using correlation analysis and the overall findings revealed that capital in general, financial resources and not financial capital determines business start-ups. The findings imply that without capital and financial resources it may be impossible to start up any business.
Keywords: Capital, financial capital, financial resources, Business start-ups, Ile-Ife
DEBT – GROWTH NEXUS: AN EMPIRICAL REFLECTION ON THE NIGERIAN SITUATION
WILSON ONOVUGHE IGHOAGUONOR & ODIOR, K. ANTHONY
*Department Of Banking And Finance, Delta State Polytechnic, Otefe – Oghara, Delta State **Department Of Statistics Delta State Polytechnic, Otefe-Oghara, Delta State
ABSTRACT
Deficiencies in capital formation as result of low saving and absolute poverty has ensured the vicious circle of poverty in less developing countries (LDCS) particularly sub-Sahara Africa. This has made the resort to debt instruments as an alternative source of funding government budgets inevitable for these countries. Debt is a veritable tool for economic growth and development. But it is a double edge-sword hence its use or adoption as a tool for achieving the desired objectives requires a prudent fiscal and monetary policy formulation, implementation as well as management. A well formulated fiscal policy tailored towards the attainment of infrastructure, human capital and social amenities development if not well implemented and managed will fall short of achieving the desired objectives. Viewed from this perspective, some have argued that external debts are major constraints to capital formation in LDCs because of the burden of debt servicing and repayment.
ACHIEVING CUSTOMER SATISFACTION THROUGH CUSTOMER RELATIONSHIP MANAGEMENT IN NIGERIAN AIRLINES INDUSTRY
ILESANMI OLADELE AYODEJI Ph.D
Department Of Business Administration, Osun State University,
Osogbo, Nigeria
ABSTRACT
Because of immense competition in today’s business market, the organisations are struggling to apply different marketing strategies and programs to gain more market share and acquire more customers on one hand, and to make them satisfies and loyal to their company. A primary motivation for a firm to implement CRM applications is to track customer behaviour to gain insight into customer tastes and evolving needs. This paper evaluates the achievement of customer satisfaction through customer relationship management in airline industry. The paper made use of content analysis. The paper recommends hire competent manpower; acquire and install cut-edge technology; provide good IT security to prevent hackers; flexible and people management structure; good informational dissemination across the organization.
Keywords: Customer Satisfaction, Customer Relationship Management, Customisation, Consumer Behaviour, Differentiation, Reorientation