Edeme, Richardson Kojo
Unknown Affiliation

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

Relative impact of Fiscal and Monetary Policy on the Growth of Small and Medium Scale Enterprises in Nigeria Ehikioya, Imoughele Lawrence; Uduh, Dominic Marior; Edeme, Richardson Kojo
Quantitative Economics Research Vol 1, No 1 (2018)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (201.385 KB)

Abstract

In order to determine the influence of fiscal and monetary policies on the growth of SMEsin Nigeria, this study employed time series data for the period 1986-2015, adopting the OLS estimation technique. The result suggeststhat fiscal policy is more effective in stimulating the growth performance of Nigeria SMEs comparing to monetary policy. Hence, the suggestion that government should pay more attention to fiscal policy. A combination of both policies is also recommendedfor optimal performance of the SMEs sector in the Nigerian economy.JEL Codes: E63, O11, O23
Is it feasible to produce iron ore in Nigeria via local foundry for spare parts? A cost-benefit and net present value analysis Edeme, Richardson Kojo; Osemenam, Victor Victor
Quantitative Economics Research Articles in Press 2019
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (51.96 KB)

Abstract

In the wake of Nigeria?s desire to diversify and the move to revive iron ore deposit, various options are considered on how best to produce iron ore at the least cost possible. This study evaluates plausible source of spare parts for earth moving equipment and establishment of local foundry to forge spare parts utilized for iron ore production. The benefit-cost and net discounted present value analysis were employed and findings shows that both sources are not profitable to the entity?s operation as it increases running expenses, amid a 16 percent inflation rate, an unfavorable global market exchange rate of $1 to N359.201 and a non-profitable global market price of $62.59 (N22, 482) within projection of 5 years which is very critical to the revival of the nation?s iron ore deposit. The policy suggestion from the findings is that new price higher than the current global market price be set in order to absorb current cost accruable to the entity at 16 percent inflationary rate and a global market exchange rate.