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All Journal Economics, Business, Accounting & Society Review International Journal of Economic, Finance and Business Statistics (IJEFBS) Jurnal Multidisiplin Ibrahimy
Daniel, Reuben
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Religion Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Journal : Economics, Business, Accounting

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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.
The Relationship Between Cybercrime and the Nigerian Economy: Causes, Implications and the Path Forward Udoinyang , Nathan; Daniel, Reuben; David, Abroad
Economics, Business, Accounting & Society Review Vol. 3 No. 3 (2024): Economics, Business, Accounting & Society Review
Publisher : International Ecsis Association

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55980/ebasr.v3i3.148

Abstract

This study investigates the intricate relationship between cybercrime and Nigeria’s economic landscape, focusing on its causes, implications, and potential mitigation pathways. Cybercrime has evolved into a systemic challenge in Nigeria, fueled by socio-economic disparities, institutional weaknesses, and behavioural tendencies, threatening financial stability and economic development. The primary objective of this research is to identify the dominant drivers of cybercrime and assess its economic consequences, with the goal of proposing collaborative strategies for mitigation. A survey-based quantitative approach was employed, targeting five major Nigerian banks—Access Bank, First Bank, GT Bank, UBA, and Zenith Bank—and academic institutions, including the University of Port Harcourt and Ignatius Ajuru University of Education. A structured questionnaire (C.N.E.C.I.P.F.) was administered to a randomly selected sample of 300 individuals, of which 260 valid responses (86.7%) were analyzed using descriptive statistics and percentage analysis, with a 50% aggregate agreement threshold. Findings reveal that unemployment, poor law enforcement, urbanization, and corruption are primary contributors to cybercrime. The economic implications include loss of revenue, business disruption, and decreased investor confidence. While cybercrime cannot be fully eradicated, the study emphasizes the potential for reduction through synergistic collaboration between government, businesses, and citizens. This research contributes to the growing body of literature on cybercrime by offering empirical insights specific to the Nigerian context and proposes an inclusive, multistakeholder framework for mitigating its socio-economic effects.
Co-Authors David, Abroad David, Abroad E Eduviere, Victoria O Faith, Okose Ifeoma, Grace E Iteku, Johnson Aborivwighre Nkemdilim, Ebor R Udoinyang , Nathan Udoinyang, Nathan