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All Journal Journal of Digital Learning and Distance Education Economics, Business, Accounting & Society Review International Journal of Environment, Engineering, and Education International Journal of Applied Economics, Accounting and Management (IJAEAM) International Journal of Applied Research and Sustainable Sciences (IJARSS) International Journal of Economic, Finance and Business Statistics (IJEFBS) International Journal of Educational and Psychological Sciences (IJEPS) International Journal of Applied Educational Research (IJAER) Jurnal Multidisiplin Ibrahimy Radinka Journal of Science and Systematic Literature Review Journal of Social Entrepreneurship Theory and Practice
Udoinyang, Nathan
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Journal : Economics, Business, Accounting

 1 
Massive Governance, Miserable Populace: Cost Of Governance As Economic Growth Decelerator In Nigeria Udoinyang, Nathan; Daniel, Reuben; Ifeoma, Grace E; Eduviere, Victoria O; Nkemdilim, Ebor R; David, Abroad E
Economics, Business, Accounting & Society Review Vol. 3 No. 2 (2024): Economics, Business, Accounting & Society Review
Publisher : International Ecsis Association

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55980/ebasr.v3i2.141

Abstract

This study looks at massive governance, miserable populace: cost of governance as economic growth decelerator in Nigeria. This study used surveys to collect a total of 310 respondent. Looking back, we see how cost of governance become a negative impact on Nigeria's economic growth; We see that revenue from many sectors is used to finance massive governance which slows down the growth of Nigeria, massive governance weakens the Nigerian economy and slows down the growth of Nigeria economy. The heavy debt service economy has become the basis of Nigeria's economic growth, leading to excessive and ineffective spending of Nigerian funds by the political class. The study concluded that Nigerians will experience sustainable economic growth that will lead to development if she promotes and accepts a part-time unicameral legislature which will reduce the size of the political class and the salary structure, her economy will continue to slow down, thereby causing population poverty and course diseases in the country. The study also makes some recommendations to Nigerians and policy makers. Implication of this research is that by adopting a part-time unicameral legislature to minimize governance costs.
Foreign Direct Investment and Poverty in Nigeria Udoinyang, Nathan; Udoinyang, Nsikan; Amos Umoh, Salamat
Economics, Business, Accounting & Society Review Vol. 3 No. 1 (2024): Economics, Business, Accounting & Society Review
Publisher : International Ecsis Association

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55980/ebasr.v3i1.110

Abstract

Using yearly data series spanning 41 years, from 1981 to 2021, the research empirically evaluates the influence of FDI on poverty in Nigeria. The study's dependent variable was the poverty rate (PVT), while the independent variable were foriegn direct investment (FDI) into agriculture (FDI), manufacturing (FDIM), services (FDIS), trade openness (OPN), and the exchange rate (EXR). Statistical tools such as descriptive analysis, unit root testing, and ECM modelling were used to access date that was received from secondary sour. Foriegn Direct Investment (FDI) in the agriculture sector decreases the poverty rate, FDIM in the manufacturing sector increases the poverty rate, FDIS in the service sector increases the poverty rate. OPN decreases the poverty rate, and EXR increases the poverty rate in Nigeria, according to the ECM. Foriegn Direct Investment (FDI) did not alleviate poverty in Nigeria during the research poriod the study found. The research concludes that foriegn direct investment (FDI) may help Nigeria's economy and alleviate poverty if the government takes steps to attract FDI, such as lowering taxes, subsidizing infrastructure and eliminate import duties.
Co-Authors Amos Umoh, Salamat Chidinma Esther Ogbonnaya-Ngwu Daniel , Reuben Daniel, Reuben David, Abroad E Eduviere, Victoria O George, Ibanga Utibe Idiong, Onoitem Nkereuwem Ifeoma, Grace E Nkemdilim, Ebor R Ogbonnaya-Ngwu, Chidinma Esther Rowland Chimezunum Chukwu Udoinyang, Nsikan Umoh, Amos Salamat Umoh, Salamat Amos Umoh, Salamat Amos Umoh