The Nigeria’s economy recession problem is not entirely as a result of slump in global oil prices but poor governance, bad leadership and mismanagement. Governance failure closely linked to corruption, bad leadership and bad management are responsible for poor performance of government owned businesses, institutions, parastatals, commissions and agencies over the years . In Nigeria, privatization comes to the heels due to the failure of government and its institutions, parastatals, commissions’ agencies to live up to their responsibilities. The Nigeria’s economy has been in a state of suffocation long before recession with privatization scheme palliative. Rather than government facing the challenges of inefficiency in public sector, government hurriedly came up with ‘quick fix’ by adopting "privatization" and promulgated it with slogan like "government has no business doing business", "government does not create job", yet empirical evidence shows that it is obvious that all adopted ‘quick fix’ has failed, the paper concluded that reviving the public sector to eliminate inefficiency is possible with good governance, leadership, and management devoid of micromanaging and macromanaging behaviour and these are the most important needs for a recessed and suffocating economy. Musah Ishaq | Osifoh Ozoya Austine "Governance, Leadership and Management Practices in Nigerian Public Sector: Ventilating a Recessed and Suffocating Economy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-7 , December 2022, URL: https://www.ijtsrd.com/papers/ijtsrd52287.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/52287/governance-leadership-and-management-practices-in-nigerian-public-sector-ventilating-a-recessed-and-suffocating-economy/musah-ishaq
Effective Performance and Accountability Reporting Challenges in Nigeria Publ...ijtsrd
There has been perceived weakness deeply rooted in corruption in the accountability of government fund as experienced in all facets of Nigeria public sector and consequential waste of national resources, loss of human capital and decay of economic infrastructure within the economy. It is evident that the people electorates are in a bad position and suffering socio economically because of the lack of integrity and accountability in governments around the world, Nigeria in particular. This study empirically analyse the effective performance and accountability reporting challenges in the public sector of the Nigerian economy. 138 questionnaires were administered to the respondents but only 125 were returned comprising 24 Directors and 55 Accountants Auditors of Finance and Account from Ministries Ministerial departments 79 and 46 Accountants Auditors from LGAs , thereby representing ninety percent 90.6 of the population and the data generated for this study were analysed using simple percentages, Z test and Pearson Product Moment Correlation Coefficient via the Statistical Package for Social Sciences SPSS, 20.0 version. The result shows that accrual basis of accounting significantly promote more effective performance and accountability reporting in Nigeria Public Sector and that there is significant relationship between improved accountability and performance reporting in Nigeria Public Sector and professional accounting bodies. The study concluded that the basic fundamental way for economic development is financial discipline and elimination of wastages of national resources in the public sector which is the direct function of accountability that it is rather unfortunate that the level of accountability experienced in the country is unacceptable due to weak accounting infrastructure, ineffective oversight bodies and the clog in the wheel of legal framework. The study recommended that Government should ensure that they create enabling environment for the development of professional Accountants and employed them in the civil service and that would be achieved by retaining the existing through motivation and attracting the new with good working conditions a proactive legislature and regulatory framework that should not only exist on paper but must be operational should be in place, thus giving the FRCN the operational right through adequate funding the provisions of 1999 constitution authorising review of audited report by PAC should be strictly adhered to with punishment spelled out for non compliance and also provide for the qualification of members of PAC. More so, there should be re orientation of members to encourage them to work in the public sector and the professional accounting bodies should motivate accounting students aspiring to be professionals while the civil society and organized labour unions should help create a more vibrant civil society so that they can balance the effects of bureaucratic actions. Peter-Mario Efesiri Efenyumi | Dhes
The financing for achieving the Sustainable Development Goals (SDGs) needed to be mobilized from different angles. Private Investment is very critical and for developing countries like Nigeria, thus foreign direct investments (FDI) is very important. However, FDI does not just flow freely. The necessary conditions must be in place to attract FDI. FDI to Nigeria has been decreasing recently and this is a danger signal. The domestic resources are not enough. Therefore, the investments climate in Nigeria must be improved to attract FDI to achieve the SDGs. This paper looks at the conditions and what needed to be done to improve FDI inflow into Nigeria.
Problems Of Funding Small And Medium Scale Enterprises In Nigeriaiosrjce
This paper examined the problems of funding small and medium scale enterprises in Nigeria. The
study identified the sources of finance, types of finance available to small scale enterprises and the various
financial challenges bedevilling the smooth operation of small and medium scale enterprises and suggested the
way forward. Observation and review of relevant documents were employed in carrying out the study. It was
discovered that though adequate finance is indispensable for the successful operation of small and medium
scale enterprises, government still needs to create a more conducive environment for small scale business to
thrive by streamlining business tax policies to eliminate extortion from small scale businesses.
ENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIAIJM Journal
A number of policy intermediations in Nigeria that were targeted at inspiring and stimulating entrepreneurship development through small and medium scale enterprises have botched. In its place of creating in-country entrepreneurial capacity, entrepreneurs have been converted and become distribution agents of imported goods. This paper argues the development of entrepreneurship and stressed that it has been instrumental in economic growth, balanced regional development and job creation in most vibrant economies, where technology is changing at a faster rate and the product lifetime cycle is dwindling. This paper also looks at Nigeria’s growing unemployment situation and how it increasingly deteriorates the potentials of the country. It emphasizes the prominence and significance of entrepreneurship as realistic machinery for sustainable economic growth and employment generation in Nigeria seeing the experiences of developed nations like Australia, the United States and vibrant economies like China and India.
Effective Performance and Accountability Reporting Challenges in Nigeria Publ...ijtsrd
There has been perceived weakness deeply rooted in corruption in the accountability of government fund as experienced in all facets of Nigeria public sector and consequential waste of national resources, loss of human capital and decay of economic infrastructure within the economy. It is evident that the people electorates are in a bad position and suffering socio economically because of the lack of integrity and accountability in governments around the world, Nigeria in particular. This study empirically analyse the effective performance and accountability reporting challenges in the public sector of the Nigerian economy. 138 questionnaires were administered to the respondents but only 125 were returned comprising 24 Directors and 55 Accountants Auditors of Finance and Account from Ministries Ministerial departments 79 and 46 Accountants Auditors from LGAs , thereby representing ninety percent 90.6 of the population and the data generated for this study were analysed using simple percentages, Z test and Pearson Product Moment Correlation Coefficient via the Statistical Package for Social Sciences SPSS, 20.0 version. The result shows that accrual basis of accounting significantly promote more effective performance and accountability reporting in Nigeria Public Sector and that there is significant relationship between improved accountability and performance reporting in Nigeria Public Sector and professional accounting bodies. The study concluded that the basic fundamental way for economic development is financial discipline and elimination of wastages of national resources in the public sector which is the direct function of accountability that it is rather unfortunate that the level of accountability experienced in the country is unacceptable due to weak accounting infrastructure, ineffective oversight bodies and the clog in the wheel of legal framework. The study recommended that Government should ensure that they create enabling environment for the development of professional Accountants and employed them in the civil service and that would be achieved by retaining the existing through motivation and attracting the new with good working conditions a proactive legislature and regulatory framework that should not only exist on paper but must be operational should be in place, thus giving the FRCN the operational right through adequate funding the provisions of 1999 constitution authorising review of audited report by PAC should be strictly adhered to with punishment spelled out for non compliance and also provide for the qualification of members of PAC. More so, there should be re orientation of members to encourage them to work in the public sector and the professional accounting bodies should motivate accounting students aspiring to be professionals while the civil society and organized labour unions should help create a more vibrant civil society so that they can balance the effects of bureaucratic actions. Peter-Mario Efesiri Efenyumi | Dhes
The financing for achieving the Sustainable Development Goals (SDGs) needed to be mobilized from different angles. Private Investment is very critical and for developing countries like Nigeria, thus foreign direct investments (FDI) is very important. However, FDI does not just flow freely. The necessary conditions must be in place to attract FDI. FDI to Nigeria has been decreasing recently and this is a danger signal. The domestic resources are not enough. Therefore, the investments climate in Nigeria must be improved to attract FDI to achieve the SDGs. This paper looks at the conditions and what needed to be done to improve FDI inflow into Nigeria.
Problems Of Funding Small And Medium Scale Enterprises In Nigeriaiosrjce
This paper examined the problems of funding small and medium scale enterprises in Nigeria. The
study identified the sources of finance, types of finance available to small scale enterprises and the various
financial challenges bedevilling the smooth operation of small and medium scale enterprises and suggested the
way forward. Observation and review of relevant documents were employed in carrying out the study. It was
discovered that though adequate finance is indispensable for the successful operation of small and medium
scale enterprises, government still needs to create a more conducive environment for small scale business to
thrive by streamlining business tax policies to eliminate extortion from small scale businesses.
ENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIAIJM Journal
A number of policy intermediations in Nigeria that were targeted at inspiring and stimulating entrepreneurship development through small and medium scale enterprises have botched. In its place of creating in-country entrepreneurial capacity, entrepreneurs have been converted and become distribution agents of imported goods. This paper argues the development of entrepreneurship and stressed that it has been instrumental in economic growth, balanced regional development and job creation in most vibrant economies, where technology is changing at a faster rate and the product lifetime cycle is dwindling. This paper also looks at Nigeria’s growing unemployment situation and how it increasingly deteriorates the potentials of the country. It emphasizes the prominence and significance of entrepreneurship as realistic machinery for sustainable economic growth and employment generation in Nigeria seeing the experiences of developed nations like Australia, the United States and vibrant economies like China and India.
The Relationship between Financial Literacy Reporting and Profitability of Sm...ijtsrd
The research was carried out to empirically examine the effect of financial literacy reporting on the profitability of small scale enterprises in Bayelsa state, Nigeria. Sample of small scale enterprises in Yenagoa city of Bayelsa state was taken, Linear Regression with Ordinary Least Square was used to test the hypotheses with the aid of SPSS version 20.0. The findings of the study revealed that there is a significant relationship between financial literacy reporting and profitability of small scale enterprises. The study recommended that it is evident that financial behavior is an important contributor to profitability of SMEs, and that a statewide financial literacy week campaign be instituted by ministries and agencies in collaboration with SME and well targeted at business owners in rural areas, financial institutions should observe thoroughly the type of businesses, knowledge in the type of businesses etc. before granting loans to small scale enterprises, access to finance is not necessarily a route to success for small scale enterprises but crucially, they need mentorship and business skills transfer to make the transition to becoming established in the formal sector and, in addition to other recommendations, SMEs must hire financial experts to help them manage their businesses as well as to deal with the issue of financial record keeping. Okpobo Timinipre Joseph | Dr. Odogu Laime Isaac "The Relationship between Financial Literacy Reporting and Profitability of Small and Medium Enterprises in Bayelsa State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-5 , October 2023, URL: https://www.ijtsrd.com/papers/ijtsrd60020.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/60020/the-relationship-between-financial-literacy-reporting-and-profitability-of-small-and-medium-enterprises-in-bayelsa-state/okpobo-timinipre-joseph
Effect of Indirect Taxation on Economic Development of Nigeriaijtsrd
This study examined the effect of indirect taxation on economic development of Nigeria. The specific objectives were to evaluate the effect of petroleum profit tax on the real gross domestic product of Nigeria, examine the impact of company income tax on the gross domestic product of Nigeria and determine the impact of value added tax on the real gross domestic product of Nigeria. The study adopted ex post facto research design. The study made use of secondary data obtained from the Central Bank of Nigeria Statistical Bulletins for the relevant years. The hypotheses were tested using granger causality statistical tool. The following findings were made for this study Petroleum profit tax has no significant effect on the gross domestic product of Nigeria. Company income tax has significant effect on the gross domestic product of Nigeria and value added tax have significant effect on the gross domestic product of Nigeria. The study concluded that about 96 changes in the dependent variable are explained by the independent variable. The study recommends that Government should make available more non interest loans available to farmers as a way of diversifying the economy from its over dependency in the oil sector, and that strict penalties should be meted to people who avoid and evade tax payments in order to minimize the incidence of tax evasion and tax avoidance. Ezu, Gideon Kasie | Jeff-Anyeneh Sarah. E. "Effect of Indirect Taxation on Economic Development of Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47781.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/47781/effect-of-indirect-taxation-on-economic-development-of-nigeria/ezu-gideon-kasie
Effect of Treasury Single Account TSA on Selected Tertiary Institutions in Ni...ijtsrd
Successive governments in Nigeria have continued to operate multiple accounts for the collection and disbursement of government revenues in flagrant disregard to the provision of the constitution which requires that all government revenues be remitted into a single account. The Treasury Single Account TSA was recently implemented fully in the Nigerian economy by the present government in order to ensure prudence and probity in the management of financial resources. Treasury Single Account TSA came as a quick fix to regulate the level of accountability and transparency in managing the financial resources of the government of the country. With the TSA, government expects to block all loopholes and leakages of financial resources of the government and also ensure a robust financial management system. This paper therefore provides the conceptual meaning of the TSA, and also outline its expected benefits to the economy of Nigeria such as, enhanced system of financial management and control, unification of various Accounts of government, reduction of the costs of government borrowing and ensuring the optimum utilization of government financial resources. This paper also analyses the objectives of the TSA systems and its various Accounts such as TSA main account, Subsidiary Account, ZBAs, Transit and Imp rest Account among others. This paper finally discussed the prospects of the TSA system and its challenges and concludes that, the system requires political will, honesty and determination so as to overcome the various challenges identified in the paper in order to achieve the expected benefits of the system. Olaleye John Olatunde | Abbas Babajide Ayodeji ""Effect of Treasury Single Account (TSA) on Selected Tertiary Institutions in Nigeria"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-3 , April 2019, URL: https://www.ijtsrd.com/papers/ijtsrd23458.pdf
Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/23458/effect-of-treasury-single-account-tsa-on-selected-tertiary-institutions-in-nigeria/olaleye-john-olatunde
International Journal of Humanities and Social Science Invention (IJHSSI)inventionjournals
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Foreign Direct Investment and Human Capital Development in a Developing Afric...ijtsrd
The passion and scramble for foreign capital by developing and less developed economies to supplement their domestic resources cannot be overemphasized. The existing and growing mismatch between domestic capital stock of developing and less developed economies and their capital requirements for investment purposes has been adduced as the cause for this scramble. Various studies have attempted to explore the reasons for the appetite and hunger for foreign capital especially by developing and less developed countries with mixed findings. Foreign direct investment FDI is an aspect of international capital inflows and refers to investment that confers controlling ownership of a business in one country to a different entity in another country. For this study, FDI is proxied by Gross Fixed Capital Formation, exchange Rate, Interest Rate and Market Capitalisation The main objective of this study is to explore the effect of FDI on human capital development in Nigeria. The specific objectives are to explore, determine, assess, examine and ascertain the effect of foreign direct investment, gross fixed capital formation, exchange rate, interest rate and market capitalization respectively on human capital development in Nigeria. The study adopted ex post facto research design and sourced data from the Central Bank of Nigeria Statistical Bulletin and Annual Reports and the World Bank Development Indicators were analyzed using Descriptive Statistics, Augmented Dicker Fuller tests for unit roots and Autoregressive Distributive Lag ARDL for the hypothesis. The study found that foreign direct investment has no long run effect on human capital development Nigeria but rather has positive and significant short run effect on human capital development in Nigeria. It is recommended that government should reduce emphasis on foreign direct investment and rely on it strictly for short term plans as it does not have long run effect on human capital development in Nigeria. Mbanefo Patrick Amaechi "Foreign Direct Investment and Human Capital Development in a Developing African Economy: A Study of the Nigerian Economy 1987-2018" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49227.pdf Paper URL: https://www.ijtsrd.com/management/management-development/49227/foreign-direct-investment-and-human-capital-development-in-a-developing-african-economy-a-study-of-the-nigerian-economy-19872018/mbanefo-patrick-amaechi
Taxation: The Instrument of Economic Growth in NigeriaAJHSSR Journal
ABSTRACT: The provision of basic infrastructures are very important to the economic development of a
nation. The extent to which the government is able to provide these amenities is determined by the number of
resources at the government's disposal. The inability of the government to provide these basic amenities have
led to the winding up and relocation of many multinational companies operating in Nigeria to other African
countries. As a result, this study investigated the effects of corporate income tax (CIT) and customs and excise
duty (CED) on economic growth. The study used a descriptive research design, and data from 1971 to 2020
were gathered from the Central Bank of Nigeria (CBN) statistical bulletin and Federal Inland Revenue Service
(FIRS) publicationThe study concluded that the provision of basic infrastructures will boost the economy and
will drive individual taxpayers towards a positive response to tax payments. This will increase the level of tax
compliance and result in additional revenue for the government.This study recommended that the government
should make developmental projects their top agenda item as the availability of infrastructural facilities is a
necessary condition for investment that will grow the economy.
KEYWORDS: Company Income Tax, Custom and Excise Duty, Economic Growth, Gross Domestic Product,
Taxation
Determinants of Foreign Direct Investment in Nigeriaijtsrd
Extant literature is replete with the benefit of attracting Foreign Direct Investment FDI into an economy, it not only provides developing countries with the much needed capital for investment it also enhances job creation, managerial skills as well as transfer of technology. However, attracting and sustaining FDI inflow in Nigeria have remained a teething problem. This study therefore examined the determinants of foreign direct investment in Nigeria. Specifically the study provides empirical evidence on the influence trade openness, market size, infrastructure, human capital, labour force, natural resources, exchange rate and inflation rate on Foreign Direct Investment FDI in Nigeria using an econometric regression technique of the Ordinary least square OLS . The findings of the study also show that trade openness, market size, infrastructure, exchange rate and inflation rate are statistically significant in explaining the foreign direct investment in Nigeria while human capital, labour force and natural resources are statistically insignificant in explaining the growth of foreign direct investment in Nigeria. The study recommends that The government should make polices that will create a business friendly environment to attract FDI inflows in economy. The government should provide the needed leadership and also ensure political stability in the country. This will attract investors to take the advantage of the market size of the country to FDI into the economy. The government should make policies that will favour trade openness. Trade openness is found to be factor that attracts investors invest in the country. This is lesser barriers to trade encourages investment and the government should provide the needed infrastructure. Necessary infrastructures that will reduce the cost of doing business should be the watch word of every government. Dibua, Emmanuel Chijioke | Edoko, Tonna David | Onwuteaka, Ifeoma Cecilia "Determinants of Foreign Direct Investment in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd25293.pdfPaper URL: https://www.ijtsrd.com/management/public-sector-management/25293/determinants-of-foreign-direct-investment-in-nigeria/dibua-emmanuel-chijioke
Integration of Traditional Business School Models to Entrepreneurship Develop...ijtsrd
This paper advocates the possibility of integrating the models of traditional business school to entrepreneurship development and job creation in Nigeria. Drawing insights from extensive review of literature, the paper utilizes secondary data in its analytical discourse. The papers theoretical foundation was Theodore W. Schultzs human capital theory formulated in 1961, and results from the paper showed that government policies can encourage the survival and expansion of MSMEs in Nigeria. Based on the research done for this paper, it was suggested that the government can utilize the innovative spirit of entrepreneurship present in the Igbo apprenticeship system to create policies that will bring the vast majority of the informal sector into the formal economy, where there can be better coordination and regulation to ensure the sectors continued success and growth. It was also suggested that current entrepreneurial opportunities like digital marketing and sales, ICT, web development, digital data management, etc. be incorporated into the curriculum development of schools, universities, and other vocational and technical colleges. This is in addition to honing attention on tried and true methods of skill development like cooking and handiwork. Obi, Emeka Francis | Prof. Emma E. O. Chukwuemeka "Integration of Traditional Business School Models to Entrepreneurship Development and Job Creation in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd58612.pdf Paper Url:https://www.ijtsrd.com/other-scientific-research-area/other/58612/integration-of-traditional-business-school-models-to-entrepreneurship-development-and-job-creation-in-nigeria/obi-emeka-francis
Analyzing the Effect of Government Expenditure on Inflation Rate in Nigeria 1...ijtsrd
Nigeria is a developing economy with active participation of the federal government in various economic sectors not only to promote economic growth and development but also to instill fiscal and economic discipline in the economy. Government participation in the economy means greater funding of economic activities and this is expected to impact on economic indicators. This study analyses the effect of government expenditure on inflation rate in Nigeria within a period of 39 years spanning 1981 2019 . The study specifically seek to ascertain, determine, explore and assess the extent to which government expenditures on key sectors of agriculture, education, health and telecommunications respectively affect inflation rate in Nigeria. In line with the specific objectives of this study, four research questions are raised and four hypotheses duly formulated. Data used for this study were collected from the Central Bank of Nigeria CBN Statistical Bulletin. Government Expenditure on Agriculture GOA , Government Expenditure on Education GOE , Government Expenditure on Health GOH and Government Expenditure on Telecommunication GOT are the independent variables while inflation rate INF is the dependent variable. Descriptive statistics, diagnostic test employing the Augmented Dickey Fuller and a multivariate regression based on Johanson Cointegration and Error Correction Model ECM are used to analyze the data. Our findings indicate that government expenditures on education and agriculture have positive but insignificant effect on inflation rate and on the other hand, government expenditure on health and government expenditure on telecommunications have positive and significant effect on inflation rate. Based on our findings, the study recommends that government should increase its allocation to the health and education sectors to trigger increased skills and healthcare of economic operators for enhanced human capital development and economic productivity. Government should also provide adequate infrastructures to facilitate economic growth and reduce high inflation rate. Mbanefo, Patrick Amaechi | Atueyi, Chidi Leonard "Analyzing the Effect of Government Expenditure on Inflation Rate in Nigeria (1981-2019)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49237.pdf Paper URL: https://www.ijtsrd.com/management/management-development/49237/analyzing-the-effect-of-government-expenditure-on-inflation-rate-in-nigeria-19812019/mbanefo-patrick-amaechi
Working Capital Management and the Financial Performance of Basic Materials M...ijtsrd
The management of working capital involves managing inventories, accounts receivable and payable, and cash. Based on this assertion, this dissertation is to examine working capital management and the financial performance of basic materials manufacturing companies in Nigeria. The objective of the study is to examine the relationship between working capital management and financial performance of basic material manufacturing companies in Nigeria, The study is anchored with Fisher's separation theory. The study used ex post facto research design which also known as after the effect research, data analyses of financial information were extracted from the manufacturing companies Financial Statements for the years 2001 to 2015. These statements used to examine how an independent variable, present prior to the study, affects a dependent variable. In order to arrive at the testable conclusion, stratified random sampling techniques were adopted. Ordinary Least Square OLS regression model were used in this research work with the model findings, which revealed that debtors, creditors and inventory has no significant relationship with return on investment of manufacturing companies in Nigeria. The study therefore recommended that managers of basic material manufacturing companies in Nigeria should intensify effort on how to improve the management of debtor as a component of working capital components than creditors and inventories in their industry. Olaniyi, Ayo R | Nzewi, Ugochukwu C ""Working Capital Management and the Financial Performance of Basic Materials Manufacturing Companies in Nigeria"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020,
URL: https://www.ijtsrd.com/papers/ijtsrd30225.pdf
Paper Url : https://www.ijtsrd.com/management/accounting-and-finance/30225/working-capital-management-and-the-financial-performance-of-basic-materials-manufacturing-companies-in-nigeria/olaniyi-ayo-r
Abstract: Nigeria is one of the economies with great demand for goods and services and has attracted some foreign direct investment over the years. The amount of foreign direct investment inflow in to Nigeria has reached US $ 2.23 billion in 2003 and it rose to US $ 5.31 billion in 2004 (a 138 % increase), this figure rose again to US $ 9.92 billion (an 87% increase) in 2005. The figure however declined slightly to US $ 9.44 in 2006 while it has been on astronomical fall since 2006 till date. (CBN, 2011). The question that comes to mind is, do these for actually contribute to economic growth in Nigeria? If foreign direct investment actually contribute to growth, then, the sustainability of foreign direct investment is a worthwhile activity and a way of achieving this sustainability is by identifying the factors contributing to its growth with a view to ensuring its enhancement. The nose driving this research is to determine the short run impact of FDI on economic growth, OLS with ward test analysis was employed to determine the short run analysis of impact of FDI on economic growth. The result shows that all the explanatory variables such as Gross Fixed capital formation (GFCF), Total labour force (TLBF), Foreign Direct Investment (FDI) Lending rate and Average Manufacturing Capacity Utilization (AMCU) grossly affect economic growth in Nigeria. The result also implies that there exist a singleton (short run) impact of FDI on economic growth, recommendation was made that government must put in place all the pull factors such as good road, stable power supply and most essentially security of life and property of foreign investors in order to reduce the level of unemployment which serves as impediment to sustainable development in the Nation Nigeria.
Developmental Effect of the Rising Debt Level in Nigeriaijtsrd
Background Nigerian economy is bedeviled by dwindling economy, low per capita income, poor infrastructural development, high unemployment rates, inadequate basic amenities, falling growth rates of GDP and recently, rated the poverty headquarters of the world which calls for empirical investigation as a way forward to resuscitate the economy.Aim The study investigated the effect of debt level on the economic development of Nigeria from 1999 to 2021. Materials and Methods Two research questions were developed to guide the study. Also, two hypotheses were formulated for the study. Ex post facto research design was adopted. The study used time series data to analyse public debt level trends in Nigeria compared to GDP growth rate over twenty three 23 years, spanning from the year 1999 to 2021. Ordinary least square regression, unit root test, and Johansen co integration test were used to analyse the data collected from Central Bank of Nigeria Statistical Bulletin. Results The results of the study showed that domestic debt level significantly and positively affects the gross domestic product performance in Nigeria. Also, the study found that external debt level significantly and negatively influences the gross domestic product of Nigeria. Conclusion The study concludes that debt level domestic and external have significant effect on Nigerian gross domestic product.Recommendation It was recommended that the government should resort to domestic debts up to sustainable debt levels that do not crowd out development and social programmes to prevent issues with debt overhang, government borrowing from international markets should be utilized effectively and concessionary loans rather than commercial loans should be sought after. Tochukwu Akaegbobi | Okeke Onyekachi, N | Onyeogubalu Ogochukwu, N "Developmental Effect of the Rising Debt Level in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd57480.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/57480/developmental-effect-of-the-rising-debt-level-in-nigeria/tochukwu-akaegbobi
Economy Matters is bi-monthly newsletter of CII on Economic Affairs.
Our major neighboring economies- Sri Lanka, Bangladesh, Pakistan and Nepal - too are facing the heat as both global slowdown and country specific factors have stunted their domestic economic growth. We discuss the major trends in these South Asian economies in the section on Global Trends in this month’s issue of Economy Matters.
In the section on Domestic Trends, we discuss the trends emanating out of the recent releases on GDP, IIP, Inflation and Trade during the month of August-September 2013.
In Corporate Performance, we examine the financial performance of larger sample of firms in the first quarter of the current year, in order to decipher the evolving trends.
The Sectoral spotlight for this issue is on Capital Goods, which is of strategic importance for the Indian economy. Being large and diverse in nature and playing a critical role in production process, the sector has high multiplier effect on the overall growth of the economy.
In the Special Article, we discuss various provisions of the Land Acquisition, Rehabilitation & Resettlement Bill 2013, which was recently passed by both the Houses of the Parliament. Industry has concerns on some of the provisions of the Bill.
‘Six Sigma Technique’ A Journey Through its Implementationijtsrd
The manufacturing industries all over the world are facing tough challenges for growth, development and sustainability in today’s competitive environment. They have to achieve apex position by adapting with the global competitive environment by delivering goods and services at low cost, prime quality and better price to increase wealth and consumer satisfaction. Cost Management ensures profit, growth and sustainability of the business with implementation of Continuous Improvement Technique like Six Sigma. This leads to optimize Business performance. The method drives for customer satisfaction, low variation, reduction in waste and cycle time resulting into a competitive advantage over other industries which did not implement it. The main objective of this paper ‘Six Sigma Technique A Journey Through Its Implementation’ is to conceptualize the effectiveness of Six Sigma Technique through the journey of its implementation. Aditi Sunilkumar Ghosalkar "‘Six Sigma Technique’: A Journey Through its Implementation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64546.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64546/‘six-sigma-technique’-a-journey-through-its-implementation/aditi-sunilkumar-ghosalkar
Edge Computing in Space Enhancing Data Processing and Communication for Space...ijtsrd
Edge computing, a paradigm that involves processing data closer to its source, has gained significant attention for its potential to revolutionize data processing and communication in space missions. With the increasing complexity and data volume generated by modern space missions, traditional centralized computing approaches face challenges related to latency, bandwidth, and security. Edge computing in space, involving on board processing and analysis of data, offers promising solutions to these challenges. This paper explores the concept of edge computing in space, its benefits, applications, and future prospects in enhancing space missions. Manish Verma "Edge Computing in Space: Enhancing Data Processing and Communication for Space Missions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64541.pdf Paper Url: https://www.ijtsrd.com/computer-science/artificial-intelligence/64541/edge-computing-in-space-enhancing-data-processing-and-communication-for-space-missions/manish-verma
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The research was carried out to empirically examine the effect of financial literacy reporting on the profitability of small scale enterprises in Bayelsa state, Nigeria. Sample of small scale enterprises in Yenagoa city of Bayelsa state was taken, Linear Regression with Ordinary Least Square was used to test the hypotheses with the aid of SPSS version 20.0. The findings of the study revealed that there is a significant relationship between financial literacy reporting and profitability of small scale enterprises. The study recommended that it is evident that financial behavior is an important contributor to profitability of SMEs, and that a statewide financial literacy week campaign be instituted by ministries and agencies in collaboration with SME and well targeted at business owners in rural areas, financial institutions should observe thoroughly the type of businesses, knowledge in the type of businesses etc. before granting loans to small scale enterprises, access to finance is not necessarily a route to success for small scale enterprises but crucially, they need mentorship and business skills transfer to make the transition to becoming established in the formal sector and, in addition to other recommendations, SMEs must hire financial experts to help them manage their businesses as well as to deal with the issue of financial record keeping. Okpobo Timinipre Joseph | Dr. Odogu Laime Isaac "The Relationship between Financial Literacy Reporting and Profitability of Small and Medium Enterprises in Bayelsa State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-5 , October 2023, URL: https://www.ijtsrd.com/papers/ijtsrd60020.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/60020/the-relationship-between-financial-literacy-reporting-and-profitability-of-small-and-medium-enterprises-in-bayelsa-state/okpobo-timinipre-joseph
Effect of Indirect Taxation on Economic Development of Nigeriaijtsrd
This study examined the effect of indirect taxation on economic development of Nigeria. The specific objectives were to evaluate the effect of petroleum profit tax on the real gross domestic product of Nigeria, examine the impact of company income tax on the gross domestic product of Nigeria and determine the impact of value added tax on the real gross domestic product of Nigeria. The study adopted ex post facto research design. The study made use of secondary data obtained from the Central Bank of Nigeria Statistical Bulletins for the relevant years. The hypotheses were tested using granger causality statistical tool. The following findings were made for this study Petroleum profit tax has no significant effect on the gross domestic product of Nigeria. Company income tax has significant effect on the gross domestic product of Nigeria and value added tax have significant effect on the gross domestic product of Nigeria. The study concluded that about 96 changes in the dependent variable are explained by the independent variable. The study recommends that Government should make available more non interest loans available to farmers as a way of diversifying the economy from its over dependency in the oil sector, and that strict penalties should be meted to people who avoid and evade tax payments in order to minimize the incidence of tax evasion and tax avoidance. Ezu, Gideon Kasie | Jeff-Anyeneh Sarah. E. "Effect of Indirect Taxation on Economic Development of Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47781.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/47781/effect-of-indirect-taxation-on-economic-development-of-nigeria/ezu-gideon-kasie
Effect of Treasury Single Account TSA on Selected Tertiary Institutions in Ni...ijtsrd
Successive governments in Nigeria have continued to operate multiple accounts for the collection and disbursement of government revenues in flagrant disregard to the provision of the constitution which requires that all government revenues be remitted into a single account. The Treasury Single Account TSA was recently implemented fully in the Nigerian economy by the present government in order to ensure prudence and probity in the management of financial resources. Treasury Single Account TSA came as a quick fix to regulate the level of accountability and transparency in managing the financial resources of the government of the country. With the TSA, government expects to block all loopholes and leakages of financial resources of the government and also ensure a robust financial management system. This paper therefore provides the conceptual meaning of the TSA, and also outline its expected benefits to the economy of Nigeria such as, enhanced system of financial management and control, unification of various Accounts of government, reduction of the costs of government borrowing and ensuring the optimum utilization of government financial resources. This paper also analyses the objectives of the TSA systems and its various Accounts such as TSA main account, Subsidiary Account, ZBAs, Transit and Imp rest Account among others. This paper finally discussed the prospects of the TSA system and its challenges and concludes that, the system requires political will, honesty and determination so as to overcome the various challenges identified in the paper in order to achieve the expected benefits of the system. Olaleye John Olatunde | Abbas Babajide Ayodeji ""Effect of Treasury Single Account (TSA) on Selected Tertiary Institutions in Nigeria"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-3 , April 2019, URL: https://www.ijtsrd.com/papers/ijtsrd23458.pdf
Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/23458/effect-of-treasury-single-account-tsa-on-selected-tertiary-institutions-in-nigeria/olaleye-john-olatunde
International Journal of Humanities and Social Science Invention (IJHSSI)inventionjournals
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Foreign Direct Investment and Human Capital Development in a Developing Afric...ijtsrd
The passion and scramble for foreign capital by developing and less developed economies to supplement their domestic resources cannot be overemphasized. The existing and growing mismatch between domestic capital stock of developing and less developed economies and their capital requirements for investment purposes has been adduced as the cause for this scramble. Various studies have attempted to explore the reasons for the appetite and hunger for foreign capital especially by developing and less developed countries with mixed findings. Foreign direct investment FDI is an aspect of international capital inflows and refers to investment that confers controlling ownership of a business in one country to a different entity in another country. For this study, FDI is proxied by Gross Fixed Capital Formation, exchange Rate, Interest Rate and Market Capitalisation The main objective of this study is to explore the effect of FDI on human capital development in Nigeria. The specific objectives are to explore, determine, assess, examine and ascertain the effect of foreign direct investment, gross fixed capital formation, exchange rate, interest rate and market capitalization respectively on human capital development in Nigeria. The study adopted ex post facto research design and sourced data from the Central Bank of Nigeria Statistical Bulletin and Annual Reports and the World Bank Development Indicators were analyzed using Descriptive Statistics, Augmented Dicker Fuller tests for unit roots and Autoregressive Distributive Lag ARDL for the hypothesis. The study found that foreign direct investment has no long run effect on human capital development Nigeria but rather has positive and significant short run effect on human capital development in Nigeria. It is recommended that government should reduce emphasis on foreign direct investment and rely on it strictly for short term plans as it does not have long run effect on human capital development in Nigeria. Mbanefo Patrick Amaechi "Foreign Direct Investment and Human Capital Development in a Developing African Economy: A Study of the Nigerian Economy 1987-2018" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49227.pdf Paper URL: https://www.ijtsrd.com/management/management-development/49227/foreign-direct-investment-and-human-capital-development-in-a-developing-african-economy-a-study-of-the-nigerian-economy-19872018/mbanefo-patrick-amaechi
Taxation: The Instrument of Economic Growth in NigeriaAJHSSR Journal
ABSTRACT: The provision of basic infrastructures are very important to the economic development of a
nation. The extent to which the government is able to provide these amenities is determined by the number of
resources at the government's disposal. The inability of the government to provide these basic amenities have
led to the winding up and relocation of many multinational companies operating in Nigeria to other African
countries. As a result, this study investigated the effects of corporate income tax (CIT) and customs and excise
duty (CED) on economic growth. The study used a descriptive research design, and data from 1971 to 2020
were gathered from the Central Bank of Nigeria (CBN) statistical bulletin and Federal Inland Revenue Service
(FIRS) publicationThe study concluded that the provision of basic infrastructures will boost the economy and
will drive individual taxpayers towards a positive response to tax payments. This will increase the level of tax
compliance and result in additional revenue for the government.This study recommended that the government
should make developmental projects their top agenda item as the availability of infrastructural facilities is a
necessary condition for investment that will grow the economy.
KEYWORDS: Company Income Tax, Custom and Excise Duty, Economic Growth, Gross Domestic Product,
Taxation
Determinants of Foreign Direct Investment in Nigeriaijtsrd
Extant literature is replete with the benefit of attracting Foreign Direct Investment FDI into an economy, it not only provides developing countries with the much needed capital for investment it also enhances job creation, managerial skills as well as transfer of technology. However, attracting and sustaining FDI inflow in Nigeria have remained a teething problem. This study therefore examined the determinants of foreign direct investment in Nigeria. Specifically the study provides empirical evidence on the influence trade openness, market size, infrastructure, human capital, labour force, natural resources, exchange rate and inflation rate on Foreign Direct Investment FDI in Nigeria using an econometric regression technique of the Ordinary least square OLS . The findings of the study also show that trade openness, market size, infrastructure, exchange rate and inflation rate are statistically significant in explaining the foreign direct investment in Nigeria while human capital, labour force and natural resources are statistically insignificant in explaining the growth of foreign direct investment in Nigeria. The study recommends that The government should make polices that will create a business friendly environment to attract FDI inflows in economy. The government should provide the needed leadership and also ensure political stability in the country. This will attract investors to take the advantage of the market size of the country to FDI into the economy. The government should make policies that will favour trade openness. Trade openness is found to be factor that attracts investors invest in the country. This is lesser barriers to trade encourages investment and the government should provide the needed infrastructure. Necessary infrastructures that will reduce the cost of doing business should be the watch word of every government. Dibua, Emmanuel Chijioke | Edoko, Tonna David | Onwuteaka, Ifeoma Cecilia "Determinants of Foreign Direct Investment in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd25293.pdfPaper URL: https://www.ijtsrd.com/management/public-sector-management/25293/determinants-of-foreign-direct-investment-in-nigeria/dibua-emmanuel-chijioke
Integration of Traditional Business School Models to Entrepreneurship Develop...ijtsrd
This paper advocates the possibility of integrating the models of traditional business school to entrepreneurship development and job creation in Nigeria. Drawing insights from extensive review of literature, the paper utilizes secondary data in its analytical discourse. The papers theoretical foundation was Theodore W. Schultzs human capital theory formulated in 1961, and results from the paper showed that government policies can encourage the survival and expansion of MSMEs in Nigeria. Based on the research done for this paper, it was suggested that the government can utilize the innovative spirit of entrepreneurship present in the Igbo apprenticeship system to create policies that will bring the vast majority of the informal sector into the formal economy, where there can be better coordination and regulation to ensure the sectors continued success and growth. It was also suggested that current entrepreneurial opportunities like digital marketing and sales, ICT, web development, digital data management, etc. be incorporated into the curriculum development of schools, universities, and other vocational and technical colleges. This is in addition to honing attention on tried and true methods of skill development like cooking and handiwork. Obi, Emeka Francis | Prof. Emma E. O. Chukwuemeka "Integration of Traditional Business School Models to Entrepreneurship Development and Job Creation in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd58612.pdf Paper Url:https://www.ijtsrd.com/other-scientific-research-area/other/58612/integration-of-traditional-business-school-models-to-entrepreneurship-development-and-job-creation-in-nigeria/obi-emeka-francis
Analyzing the Effect of Government Expenditure on Inflation Rate in Nigeria 1...ijtsrd
Nigeria is a developing economy with active participation of the federal government in various economic sectors not only to promote economic growth and development but also to instill fiscal and economic discipline in the economy. Government participation in the economy means greater funding of economic activities and this is expected to impact on economic indicators. This study analyses the effect of government expenditure on inflation rate in Nigeria within a period of 39 years spanning 1981 2019 . The study specifically seek to ascertain, determine, explore and assess the extent to which government expenditures on key sectors of agriculture, education, health and telecommunications respectively affect inflation rate in Nigeria. In line with the specific objectives of this study, four research questions are raised and four hypotheses duly formulated. Data used for this study were collected from the Central Bank of Nigeria CBN Statistical Bulletin. Government Expenditure on Agriculture GOA , Government Expenditure on Education GOE , Government Expenditure on Health GOH and Government Expenditure on Telecommunication GOT are the independent variables while inflation rate INF is the dependent variable. Descriptive statistics, diagnostic test employing the Augmented Dickey Fuller and a multivariate regression based on Johanson Cointegration and Error Correction Model ECM are used to analyze the data. Our findings indicate that government expenditures on education and agriculture have positive but insignificant effect on inflation rate and on the other hand, government expenditure on health and government expenditure on telecommunications have positive and significant effect on inflation rate. Based on our findings, the study recommends that government should increase its allocation to the health and education sectors to trigger increased skills and healthcare of economic operators for enhanced human capital development and economic productivity. Government should also provide adequate infrastructures to facilitate economic growth and reduce high inflation rate. Mbanefo, Patrick Amaechi | Atueyi, Chidi Leonard "Analyzing the Effect of Government Expenditure on Inflation Rate in Nigeria (1981-2019)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49237.pdf Paper URL: https://www.ijtsrd.com/management/management-development/49237/analyzing-the-effect-of-government-expenditure-on-inflation-rate-in-nigeria-19812019/mbanefo-patrick-amaechi
Working Capital Management and the Financial Performance of Basic Materials M...ijtsrd
The management of working capital involves managing inventories, accounts receivable and payable, and cash. Based on this assertion, this dissertation is to examine working capital management and the financial performance of basic materials manufacturing companies in Nigeria. The objective of the study is to examine the relationship between working capital management and financial performance of basic material manufacturing companies in Nigeria, The study is anchored with Fisher's separation theory. The study used ex post facto research design which also known as after the effect research, data analyses of financial information were extracted from the manufacturing companies Financial Statements for the years 2001 to 2015. These statements used to examine how an independent variable, present prior to the study, affects a dependent variable. In order to arrive at the testable conclusion, stratified random sampling techniques were adopted. Ordinary Least Square OLS regression model were used in this research work with the model findings, which revealed that debtors, creditors and inventory has no significant relationship with return on investment of manufacturing companies in Nigeria. The study therefore recommended that managers of basic material manufacturing companies in Nigeria should intensify effort on how to improve the management of debtor as a component of working capital components than creditors and inventories in their industry. Olaniyi, Ayo R | Nzewi, Ugochukwu C ""Working Capital Management and the Financial Performance of Basic Materials Manufacturing Companies in Nigeria"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020,
URL: https://www.ijtsrd.com/papers/ijtsrd30225.pdf
Paper Url : https://www.ijtsrd.com/management/accounting-and-finance/30225/working-capital-management-and-the-financial-performance-of-basic-materials-manufacturing-companies-in-nigeria/olaniyi-ayo-r
Abstract: Nigeria is one of the economies with great demand for goods and services and has attracted some foreign direct investment over the years. The amount of foreign direct investment inflow in to Nigeria has reached US $ 2.23 billion in 2003 and it rose to US $ 5.31 billion in 2004 (a 138 % increase), this figure rose again to US $ 9.92 billion (an 87% increase) in 2005. The figure however declined slightly to US $ 9.44 in 2006 while it has been on astronomical fall since 2006 till date. (CBN, 2011). The question that comes to mind is, do these for actually contribute to economic growth in Nigeria? If foreign direct investment actually contribute to growth, then, the sustainability of foreign direct investment is a worthwhile activity and a way of achieving this sustainability is by identifying the factors contributing to its growth with a view to ensuring its enhancement. The nose driving this research is to determine the short run impact of FDI on economic growth, OLS with ward test analysis was employed to determine the short run analysis of impact of FDI on economic growth. The result shows that all the explanatory variables such as Gross Fixed capital formation (GFCF), Total labour force (TLBF), Foreign Direct Investment (FDI) Lending rate and Average Manufacturing Capacity Utilization (AMCU) grossly affect economic growth in Nigeria. The result also implies that there exist a singleton (short run) impact of FDI on economic growth, recommendation was made that government must put in place all the pull factors such as good road, stable power supply and most essentially security of life and property of foreign investors in order to reduce the level of unemployment which serves as impediment to sustainable development in the Nation Nigeria.
Developmental Effect of the Rising Debt Level in Nigeriaijtsrd
Background Nigerian economy is bedeviled by dwindling economy, low per capita income, poor infrastructural development, high unemployment rates, inadequate basic amenities, falling growth rates of GDP and recently, rated the poverty headquarters of the world which calls for empirical investigation as a way forward to resuscitate the economy.Aim The study investigated the effect of debt level on the economic development of Nigeria from 1999 to 2021. Materials and Methods Two research questions were developed to guide the study. Also, two hypotheses were formulated for the study. Ex post facto research design was adopted. The study used time series data to analyse public debt level trends in Nigeria compared to GDP growth rate over twenty three 23 years, spanning from the year 1999 to 2021. Ordinary least square regression, unit root test, and Johansen co integration test were used to analyse the data collected from Central Bank of Nigeria Statistical Bulletin. Results The results of the study showed that domestic debt level significantly and positively affects the gross domestic product performance in Nigeria. Also, the study found that external debt level significantly and negatively influences the gross domestic product of Nigeria. Conclusion The study concludes that debt level domestic and external have significant effect on Nigerian gross domestic product.Recommendation It was recommended that the government should resort to domestic debts up to sustainable debt levels that do not crowd out development and social programmes to prevent issues with debt overhang, government borrowing from international markets should be utilized effectively and concessionary loans rather than commercial loans should be sought after. Tochukwu Akaegbobi | Okeke Onyekachi, N | Onyeogubalu Ogochukwu, N "Developmental Effect of the Rising Debt Level in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd57480.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/57480/developmental-effect-of-the-rising-debt-level-in-nigeria/tochukwu-akaegbobi
Economy Matters is bi-monthly newsletter of CII on Economic Affairs.
Our major neighboring economies- Sri Lanka, Bangladesh, Pakistan and Nepal - too are facing the heat as both global slowdown and country specific factors have stunted their domestic economic growth. We discuss the major trends in these South Asian economies in the section on Global Trends in this month’s issue of Economy Matters.
In the section on Domestic Trends, we discuss the trends emanating out of the recent releases on GDP, IIP, Inflation and Trade during the month of August-September 2013.
In Corporate Performance, we examine the financial performance of larger sample of firms in the first quarter of the current year, in order to decipher the evolving trends.
The Sectoral spotlight for this issue is on Capital Goods, which is of strategic importance for the Indian economy. Being large and diverse in nature and playing a critical role in production process, the sector has high multiplier effect on the overall growth of the economy.
In the Special Article, we discuss various provisions of the Land Acquisition, Rehabilitation & Resettlement Bill 2013, which was recently passed by both the Houses of the Parliament. Industry has concerns on some of the provisions of the Bill.
‘Six Sigma Technique’ A Journey Through its Implementationijtsrd
The manufacturing industries all over the world are facing tough challenges for growth, development and sustainability in today’s competitive environment. They have to achieve apex position by adapting with the global competitive environment by delivering goods and services at low cost, prime quality and better price to increase wealth and consumer satisfaction. Cost Management ensures profit, growth and sustainability of the business with implementation of Continuous Improvement Technique like Six Sigma. This leads to optimize Business performance. The method drives for customer satisfaction, low variation, reduction in waste and cycle time resulting into a competitive advantage over other industries which did not implement it. The main objective of this paper ‘Six Sigma Technique A Journey Through Its Implementation’ is to conceptualize the effectiveness of Six Sigma Technique through the journey of its implementation. Aditi Sunilkumar Ghosalkar "‘Six Sigma Technique’: A Journey Through its Implementation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64546.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64546/‘six-sigma-technique’-a-journey-through-its-implementation/aditi-sunilkumar-ghosalkar
Edge Computing in Space Enhancing Data Processing and Communication for Space...ijtsrd
Edge computing, a paradigm that involves processing data closer to its source, has gained significant attention for its potential to revolutionize data processing and communication in space missions. With the increasing complexity and data volume generated by modern space missions, traditional centralized computing approaches face challenges related to latency, bandwidth, and security. Edge computing in space, involving on board processing and analysis of data, offers promising solutions to these challenges. This paper explores the concept of edge computing in space, its benefits, applications, and future prospects in enhancing space missions. Manish Verma "Edge Computing in Space: Enhancing Data Processing and Communication for Space Missions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64541.pdf Paper Url: https://www.ijtsrd.com/computer-science/artificial-intelligence/64541/edge-computing-in-space-enhancing-data-processing-and-communication-for-space-missions/manish-verma
Dynamics of Communal Politics in 21st Century India Challenges and Prospectsijtsrd
Communal politics in India has evolved through centuries, weaving a complex tapestry shaped by historical legacies, colonial influences, and contemporary socio political transformations. This research comprehensively examines the dynamics of communal politics in 21st century India, emphasizing its historical roots, socio political dynamics, economic implications, challenges, and prospects for mitigation. The historical perspective unravels the intricate interplay of religious identities and power dynamics from ancient civilizations to the impact of colonial rule, providing insights into the evolution of communalism. The socio political dynamics section delves into the contemporary manifestations, exploring the roles of identity politics, socio economic disparities, and globalization. The economic implications section highlights how communal politics intersects with economic issues, perpetuating disparities and influencing resource allocation. Challenges posed by communal politics are scrutinized, revealing multifaceted issues ranging from social fragmentation to threats against democratic values. The prospects for mitigation present a multifaceted approach, incorporating policy interventions, community engagement, and educational initiatives. The paper conducts a comparative analysis with international examples, identifying common patterns such as identity politics and economic disparities. It also examines unique challenges, emphasizing Indias diverse religious landscape, historical legacy, and secular framework. Lessons for effective strategies are drawn from international experiences, offering insights into inclusive policies, interfaith dialogue, media regulation, and global cooperation. By scrutinizing historical epochs, contemporary dynamics, economic implications, and international comparisons, this research provides a comprehensive understanding of communal politics in India. The proposed strategies for mitigation underscore the importance of a holistic approach to foster social harmony, inclusivity, and democratic values. Rose Hossain "Dynamics of Communal Politics in 21st Century India: Challenges and Prospects" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64528.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/history/64528/dynamics-of-communal-politics-in-21st-century-india-challenges-and-prospects/rose-hossain
Assess Perspective and Knowledge of Healthcare Providers Towards Elehealth in...ijtsrd
Background and Objective Telehealth has become a well known tool for the delivery of health care in Saudi Arabia, and the perspective and knowledge of healthcare providers are influential in the implementation, adoption and advancement of the method. This systematic review was conducted to examine the current literature base regarding telehealth and the related healthcare professional perspective and knowledge in the Kingdom of Saudi Arabia. Materials and Methods This systematic review was conducted by searching 7 databases including, MEDLINE, CINHAL, Web of Science, Scopus, PubMed, PsycINFO, and ProQuest Central. Studies on healthcare practitioners telehealth knowledge and perspectives published in English in Saudi Arabia from 2000 to 2023 were included. Boland directed this comprehensive review. The researchers examined each connected study using the AXIS tool, which evaluates cross sectional systematic reviews. Narrative synthesis was used to summarise and convey the data. Results Out of 1840 search results, 10 studies were included. Positive outlook and limited knowledge among providers were seen across trials. Healthcare professionals like telehealth for its ability to improve quality, access, and delivery, save time and money, and be successful. Age, gender, occupation, and work experience also affect health workers knowledge. In Saudi Arabia, healthcare professionals face inadequate expert assistance, patient privacy, internet connection concerns, lack of training courses, lack of telehealth understanding, and high costs while performing telemedicine. Conclusions Healthcare practitioners telehealth perceptions and knowledge were examined in this systematic study. Its collection of concerned experts different personal attitudes and expertise would help enhance telehealths implementation in Saudi Arabia, develop its healthcare delivery alternative, and eliminate frequent problems. Badriah Mousa I Mulayhi | Dr. Jomin George | Judy Jenkins "Assess Perspective and Knowledge of Healthcare Providers Towards Elehealth in Saudi Arabia: A Systematic Review" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64535.pdf Paper Url: https://www.ijtsrd.com/medicine/other/64535/assess-perspective-and-knowledge-of-healthcare-providers-towards-elehealth-in-saudi-arabia-a-systematic-review/badriah-mousa-i-mulayhi
The Impact of Digital Media on the Decentralization of Power and the Erosion ...ijtsrd
The impact of digital media on the distribution of power and the weakening of traditional gatekeepers has gained considerable attention in recent years. The adoption of digital technologies and the internet has resulted in declining influence and power for traditional gatekeepers such as publishing houses and news organizations. Simultaneously, digital media has facilitated the emergence of new voices and players in the media industry. Digital medias impact on power decentralization and gatekeeper erosion is visible in several ways. One significant aspect is the democratization of information, which enables anyone with an internet connection to publish and share content globally, leading to citizen journalism and bypassing traditional gatekeepers. Another aspect is the disruption of conventional media industry business models, as traditional organizations struggle to adjust to the decrease in advertising revenue and the rise of digital platforms. Alternative business models, such as subscription models and crowdfunding, have become more prevalent, leading to the emergence of new players. Overall, the impact of digital media on the distribution of power and the weakening of traditional gatekeepers has brought about significant changes in the media landscape and the way information is shared. Further research is required to fully comprehend the implications of these changes and their impact on society. Dr. Kusum Lata "The Impact of Digital Media on the Decentralization of Power and the Erosion of Traditional Gatekeepers" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64544.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/political-science/64544/the-impact-of-digital-media-on-the-decentralization-of-power-and-the-erosion-of-traditional-gatekeepers/dr-kusum-lata
Online Voices, Offline Impact Ambedkars Ideals and Socio Political Inclusion ...ijtsrd
This research investigates the nexus between online discussions on Dr. B.R. Ambedkars ideals and their impact on social inclusion among college students in Gurugram, Haryana. Surveying 240 students from 12 government colleges, findings indicate that 65 actively engage in online discussions, with 80 demonstrating moderate to high awareness of Ambedkars ideals. Statistically significant correlations reveal that higher online engagement correlates with increased awareness p 0.05 and perceived social inclusion. Variations across colleges and a notable effect of college type on perceived social inclusion highlight the influence of contextual factors. Furthermore, the intersectional analysis underscores nuanced differences based on gender, caste, and socio economic status. Dr. Kusum Lata "Online Voices, Offline Impact: Ambedkar's Ideals and Socio-Political Inclusion - A Study of Gurugram District" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64543.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/political-science/64543/online-voices-offline-impact-ambedkars-ideals-and-sociopolitical-inclusion--a-study-of-gurugram-district/dr-kusum-lata
Problems and Challenges of Agro Entreprenurship A Studyijtsrd
Noting calls for contextualizing Agro entrepreneurs problems and challenges of the agro entrepreneurs and for greater attention to the Role of entrepreneurs in agro entrepreneurship research, we conduct a systematic literature review of extent research in agriculture entrepreneurship to overcome the study objectives of complications of agro entrepreneurs through various factors, Development of agriculture products is a key factor for the overall economic growth of agro entrepreneurs Agro Entrepreneurs produces firsthand large scale employment, utilizes the labor and natural resources, This research outlines the problems of Weather and Soil Erosions, Market price fluctuation, stimulates labor cost problems, reduces concentration of Price volatility, Dependency on Intermediaries, induces Limited Bargaining Power, and Storage and Transportation Costs. This paper mainly devoted to highlight Problems and challenges faced for the sustainable of Agro Entrepreneurs in India. Vinay Prasad B "Problems and Challenges of Agro Entreprenurship - A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64540.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64540/problems-and-challenges-of-agro-entreprenurship--a-study/vinay-prasad-b
Comparative Analysis of Total Corporate Disclosure of Selected IT Companies o...ijtsrd
Disclosure is a process through which a business enterprise communicates with external parties. A corporate disclosure is communication of financial and non financial information of the activities of a business enterprise to the interested entities. Corporate disclosure is done through publishing annual reports. So corporate disclosure through annual reports plays a vital role in the life of all the companies and provides valuable information to investors. The basic objectives of corporate disclosure is to give a true and fair view of companies to the parties related either directly or indirectly like owner, government, creditors, shareholders etc. in the companies act, provisions have been made about mandatory and voluntary disclosure. The IT sector in India is rapidly growing, the trend to invest in the IT sector is rising and employment opportunities in IT sectors are also increasing. Therefore the IT sector is expected to have fair, full and adequate disclosure of all information. Unfair and incomplete disclosure may adversely affect the entire economy. A research study on disclosure practices of IT companies could play an important role in this regard. Hence, the present research study has been done to study and review comparative analysis of total corporate disclosure of selected IT companies of India and to put forward overall findings and suggestions with a view to increase disclosure score of these companies. The researcher hopes that the present research study will be helpful to all selected Companies for improving level of corporate disclosure through annual reports as well as the government, creditors, investors, all business organizations and upcoming researcher for comparative analyses of level of corporate disclosure with special reference to selected IT companies. Dr. Vaibhavi D. Thaker "Comparative Analysis of Total Corporate Disclosure of Selected IT Companies of India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64539.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64539/comparative-analysis-of-total-corporate-disclosure-of-selected-it-companies-of-india/dr-vaibhavi-d-thaker
The Impact of Educational Background and Professional Training on Human Right...ijtsrd
This study investigated the impact of educational background and professional training on human rights awareness among secondary school teachers in the Marathwada region of Maharashtra, India. The key findings reveal that higher levels of education, particularly a master’s degree, and fields of study related to education, humanities, or social sciences are associated with greater human rights awareness among teachers. Additionally, both pre service teacher training and in service professional development programs focused on human rights education significantly enhance teacher’s knowledge, skills, and competencies in promoting human rights principles in their classrooms. Baig Ameer Bee Mirza Abdul Aziz | Dr. Syed Azaz Ali Amjad Ali "The Impact of Educational Background and Professional Training on Human Rights Awareness among Secondary School Teachers" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64529.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/64529/the-impact-of-educational-background-and-professional-training-on-human-rights-awareness-among-secondary-school-teachers/baig-ameer-bee-mirza-abdul-aziz
A Study on the Effective Teaching Learning Process in English Curriculum at t...ijtsrd
“One Language sets you in a corridor for life. Two languages open every door along the way” Frank Smith English as a foreign language or as a second language has been ruling in India since the period of Lord Macaulay. But the question is how much we teach or learn English properly in our culture. Is there any scope to use English as a language rather than a subject How much we learn or teach English without any interference of mother language specially in the classroom teaching learning scenario in West Bengal By considering all these issues the researcher has attempted in this article to focus on the effective teaching learning process comparing to other traditional strategies in the field of English curriculum at the secondary level to investigate whether they fulfill the present teaching learning requirements or not by examining the validity of the present curriculum of English. The purpose of this study is to focus on the effectiveness of the systematic, scientific, sequential and logical transaction of the course between the teachers and the learners in the perspective of the 5Es programme that is engage, explore, explain, extend and evaluate. Sanchali Mondal | Santinath Sarkar "A Study on the Effective Teaching Learning Process in English Curriculum at the Secondary Level of West Bengal" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd62412.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/62412/a-study-on-the-effective-teaching-learning-process-in-english-curriculum-at-the-secondary-level-of-west-bengal/sanchali-mondal
The Role of Mentoring and Its Influence on the Effectiveness of the Teaching ...ijtsrd
This paper reports on a study which was conducted to investigate the role of mentoring and its influence on the effectiveness of the teaching of Physics in secondary schools in the South West Region of Cameroon. The study adopted the convergent parallel mixed methods design, focusing on respondents in secondary schools in the South West Region of Cameroon. Both quantitative and qualitative data were collected, analysed separately, and the results were compared to see if the findings confirm or disconfirm each other. The quantitative analysis found that majority of the respondents 72 of Physics teachers affirmed that they had more experienced colleagues as mentors to help build their confidence, improve their teaching, and help them improve their effectiveness and efficiency in guiding learners’ achievements. Only 28 of the respondents disagreed with these statements. With majority respondents 72 agreeing with the statements, it implies that in most secondary schools, experienced Physics teachers act as mentors to build teachers’ confidence in teaching and improving students’ learning. The interview qualitative data analysis summarized how secondary school Principals use meetings with mentors and mentees to promote mentorship in the school milieu. This has helped strengthen teachers’ classroom practices in secondary schools in the South West Region of Cameroon. With the results confirming each other, the study recommends that mentoring should focus on helping teachers employ social interactions and instructional practices feedback and clarity in teaching that have direct measurable impact on students’ learning achievements. Andrew Ngeim Sumba | Frederick Ebot Ashu | Peter Agborbechem Tambi "The Role of Mentoring and Its Influence on the Effectiveness of the Teaching of Physics in Secondary Schools in the South West Region of Cameroon" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64524.pdf Paper Url: https://www.ijtsrd.com/management/management-development/64524/the-role-of-mentoring-and-its-influence-on-the-effectiveness-of-the-teaching-of-physics-in-secondary-schools-in-the-south-west-region-of-cameroon/andrew-ngeim-sumba
Design Simulation and Hardware Construction of an Arduino Microcontroller Bas...ijtsrd
This study primarily focuses on the design of a high side buck converter using an Arduino microcontroller. The converter is specifically intended for use in DC DC applications, particularly in standalone solar PV systems where the PV output voltage exceeds the load or battery voltage. To evaluate the performance of the converter, simulation experiments are conducted using Proteus Software. These simulations provide insights into the input and output voltages, currents, powers, and efficiency under different state of charge SoC conditions of a 12V,70Ah rechargeable lead acid battery. Additionally, the hardware design of the converter is implemented, and practical data is collected through operation, monitoring, and recording. By comparing the simulation results with the practical results, the efficiency and performance of the designed converter are assessed. The findings indicate that while the buck converter is suitable for practical use in standalone PV systems, its efficiency is compromised due to a lower output current. Chan Myae Aung | Dr. Ei Mon "Design Simulation and Hardware Construction of an Arduino-Microcontroller Based DC-DC High-Side Buck Converter for Standalone PV System" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64518.pdf Paper Url: https://www.ijtsrd.com/engineering/mechanical-engineering/64518/design-simulation-and-hardware-construction-of-an-arduinomicrocontroller-based-dcdc-highside-buck-converter-for-standalone-pv-system/chan-myae-aung
Sustainable Energy by Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadikuijtsrd
Energy becomes sustainable if it meets the needs of the present without compromising the ability of future generations to meet their own needs. Some of the definitions of sustainable energy include the considerations of environmental aspects such as greenhouse gas emissions, social, and economic aspects such as energy poverty. Generally far more sustainable than fossil fuel are renewable energy sources such as wind, hydroelectric power, solar, and geothermal energy sources. Worthy of note is that some renewable energy projects, like the clearing of forests to produce biofuels, can cause severe environmental damage. The sustainability of nuclear power which is a low carbon source is highly debated because of concerns about radioactive waste, nuclear proliferation, and accidents. The switching from coal to natural gas has environmental benefits, including a lower climate impact, but could lead to delay in switching to more sustainable options. “Carbon capture and storage” can be built into power plants to remove the carbon dioxide CO2 emissions, but this technology is expensive and has rarely been implemented. Leading non renewable energy sources around the world is fossil fuels, coal, petroleum, and natural gas. Nuclear energy is usually considered another non renewable energy source, although nuclear energy itself is a renewable energy source, but the material used in nuclear power plants is not. The paper addresses the issue of sustainable energy, its attendant benefits to the future generation, and humanity in general. Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadiku "Sustainable Energy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64534.pdf Paper Url: https://www.ijtsrd.com/engineering/electrical-engineering/64534/sustainable-energy/paul-a-adekunte
Concepts for Sudan Survey Act Implementations Executive Regulations and Stand...ijtsrd
This paper aims to outline the executive regulations, survey standards, and specifications required for the implementation of the Sudan Survey Act, and for regulating and organizing all surveying work activities in Sudan. The act has been discussed for more than 5 years. The Land Survey Act was initiated by the Sudan Survey Authority and all official legislations were headed by the Sudan Ministry of Justice till it was issued in 2022. The paper presents conceptual guidelines to be used for the Survey Act implementation and to regulate the survey work practice, standardizing the field surveys, processing, quality control, procedures, and the processes related to survey work carried out by the stakeholders and relevant authorities in Sudan. The conceptual guidelines are meant to improve the quality and harmonization of geospatial data and to aid decision making processes as well as geospatial information systems. The established comprehensive executive regulations will govern and regulate the implementation of the Sudan Survey Geomatics Act in all surveying and mapping practices undertaken by the Sudan Survey Authority SSA and state local survey departments for public or private sector organizations. The targeted standards and specifications include the reference frame, projection, coordinate systems, and the guidelines and specifications that must be followed in the field of survey work, processes, and mapping products. In the last few decades, there has been a growing awareness of the importance of geomatics activities and measurements on the Earths surface in space and time, together with observing and mapping the changes. In such cases, data must be captured promptly, standardized, and obtained with more accuracy and specified in much detail. The paper will also highlight the current situation in Sudan, the degree to which survey standards are used, the problems encountered, and the errors that arise from not using the standards and survey specifications. Kamal A. A. Sami "Concepts for Sudan Survey Act Implementations - Executive Regulations and Standards" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63484.pdf Paper Url: https://www.ijtsrd.com/engineering/civil-engineering/63484/concepts-for-sudan-survey-act-implementations--executive-regulations-and-standards/kamal-a-a-sami
Towards the Implementation of the Sudan Interpolated Geoid Model Khartoum Sta...ijtsrd
The discussions between ellipsoid and geoid have invoked many researchers during the recent decades, especially during the GNSS technology era, which had witnessed a great deal of development but still geoid undulation requires more investigations. To figure out a solution for Sudans local geoid, this research has tried to intake the possibility of determining the geoid model by following two approaches, gravimetric and geometrical geoid model determination, by making use of GNSS leveling benchmarks at Khartoum state. The Benchmarks are well distributed in the study area, in which, the horizontal coordinates and the height above the ellipsoid have been observed by GNSS while orthometric heights were carried out using precise leveling. The Global Geopotential Model GGM represented in EGM2008 has been exploited to figure out the geoid undulation at the benchmarks in the study area. This is followed by a fitting process, that has been done to suit the geoid undulation data which has been computed using GNSS leveling data and geoid undulation inspired by the EGM2008. Two geoid surfaces were created after the fitting process to ensure that they are identical and both of them could be counted for getting the same geoid undulation with an acceptable accuracy. In this respect, statistical operation played an important role in ensuring the consistency and integrity of the model by applying cross validation techniques splitting the data into training and testing datasets for building the geoid model and testing its eligibility. The geometrical solution for geoid undulation computation has been utilized by applying straightforward equations that facilitate the calculation of the geoid undulation directly through applying statistical techniques for the GNSS leveling data of the study area to get the common equation parameters values that could be utilized to calculate geoid undulation of any position in the study area within the claimed accuracy. Both systems were checked and proved eligible to be used within the study area with acceptable accuracy which may contribute to solving the geoid undulation problem in the Khartoum area, and be further generalized to determine the geoid model over the entire country, and this could be considered in the future, for regional and continental geoid model. Ahmed M. A. Mohammed. | Kamal A. A. Sami "Towards the Implementation of the Sudan Interpolated Geoid Model (Khartoum State Case Study)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63483.pdf Paper Url: https://www.ijtsrd.com/engineering/civil-engineering/63483/towards-the-implementation-of-the-sudan-interpolated-geoid-model-khartoum-state-case-study/ahmed-m-a-mohammed
Activating Geospatial Information for Sudans Sustainable Investment Mapijtsrd
Sudan is witnessing an acceleration in the processes of development and transformation in the performance of government institutions to raise the productivity and investment efficiency of the government sector. The development plans and investment opportunities have focused on achieving national goals in various sectors. This paper aims to illuminate the path to the future and provide geospatial data and information to develop the investment climate and environment for all sized businesses, and to bridge the development gap between the Sudan states. The Sudan Survey Authority SSA is the main advisor to the Sudan Government in conducting surveying, mappings, designing, and developing systems related to geospatial data and information. In recent years, SSA made a strategic partnership with the Ministry of Investment to activate Geospatial Information for Sudans Sustainable Investment and in particular, for the preparation and implementation of the Sudan investment map, based on the directives and objectives of the Ministry of Investment MI in Sudan. This paper comes within the framework of activating the efforts of the Ministry of Investment to develop technical investment services by applying techniques adopted by the Ministry and its strategic partners for advancing investment processes in the country. Kamal A. A. Sami "Activating Geospatial Information for Sudan's Sustainable Investment Map" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63482.pdf Paper Url: https://www.ijtsrd.com/engineering/information-technology/63482/activating-geospatial-information-for-sudans-sustainable-investment-map/kamal-a-a-sami
Educational Unity Embracing Diversity for a Stronger Societyijtsrd
In a rapidly changing global landscape, the importance of education as a unifying force cannot be overstated. This paper explores the crucial role of educational unity in fostering a stronger and more inclusive society through the embrace of diversity. By examining the benefits of diverse learning environments, the paper aims to highlight the positive impact on societal strength. The discussion encompasses various dimensions, from curriculum design to classroom dynamics, and emphasizes the need for educational institutions to become catalysts for unity in diversity. It highlights the need for a paradigm shift in educational policies, curricula, and pedagogical approaches to ensure that they are reflective of the diverse fabric of society. This paper also addresses the challenges associated with implementing inclusive educational practices and offers practical strategies for overcoming barriers. It advocates for collaborative efforts between educational institutions, policymakers, and communities to create a supportive ecosystem that promotes diversity and unity. Mr. Amit Adhikari | Madhumita Teli | Gopal Adhikari "Educational Unity: Embracing Diversity for a Stronger Society" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64525.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/64525/educational-unity-embracing-diversity-for-a-stronger-society/mr-amit-adhikari
Integration of Indian Indigenous Knowledge System in Management Prospects and...ijtsrd
The diversity of indigenous knowledge systems in India is vast and can vary significantly between different communities and regions. Preserving and respecting these knowledge systems is crucial for maintaining cultural heritage, promoting sustainable practices, and fostering cross cultural understanding. In this paper, an overview of the prospects and challenges associated with incorporating Indian indigenous knowledge into management is explored. It is found that IIKS helps in management in many areas like sustainable development, tourism, food security, natural resource management, cultural preservation and innovation, etc. However, IIKS integration with management faces some challenges in the form of a lack of documentation, cultural sensitivity, language barriers legal framework, etc. Savita Lathwal "Integration of Indian Indigenous Knowledge System in Management: Prospects and Challenges" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63500.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/63500/integration-of-indian-indigenous-knowledge-system-in-management-prospects-and-challenges/savita-lathwal
DeepMask Transforming Face Mask Identification for Better Pandemic Control in...ijtsrd
The COVID 19 pandemic has highlighted the crucial need of preventive measures, with widespread use of face masks being a key method for slowing the viruss spread. This research investigates face mask identification using deep learning as a technological solution to be reducing the risk of coronavirus transmission. The proposed method uses state of the art convolutional neural networks CNNs and transfer learning to automatically recognize persons who are not wearing masks in a variety of circumstances. We discuss how this strategy improves public health and safety by providing an efficient manner of enforcing mask wearing standards. The report also discusses the obstacles, ethical concerns, and prospective applications of face mask detection systems in the ongoing fight against the pandemic. Dilip Kumar Sharma | Aaditya Yadav "DeepMask: Transforming Face Mask Identification for Better Pandemic Control in the COVID-19 Era" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64522.pdf Paper Url: https://www.ijtsrd.com/engineering/electronics-and-communication-engineering/64522/deepmask-transforming-face-mask-identification-for-better-pandemic-control-in-the-covid19-era/dilip-kumar-sharma
Streamlining Data Collection eCRF Design and Machine Learningijtsrd
Efficient and accurate data collection is paramount in clinical trials, and the design of Electronic Case Report Forms eCRFs plays a pivotal role in streamlining this process. This paper explores the integration of machine learning techniques in the design and implementation of eCRFs to enhance data collection efficiency. We delve into the synergies between eCRF design principles and machine learning algorithms, aiming to optimize data quality, reduce errors, and expedite the overall data collection process. The application of machine learning in eCRF design brings forth innovative approaches to data validation, anomaly detection, and real time adaptability. This paper discusses the benefits, challenges, and future prospects of leveraging machine learning in eCRF design for streamlined and advanced data collection in clinical trials. Dhanalakshmi D | Vijaya Lakshmi Kannareddy "Streamlining Data Collection: eCRF Design and Machine Learning" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63515.pdf Paper Url: https://www.ijtsrd.com/biological-science/biotechnology/63515/streamlining-data-collection-ecrf-design-and-machine-learning/dhanalakshmi-d
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
2. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD52287 | Volume – 6 | Issue – 7 | November-December 2022 Page 160
greatness. Thus, for ventilating a suffocating
economy (Eketu, 2017), there is need to have a look
at the level of poor governance, bad leadership and
mismanagement associated with public sector
management; with a hope of repositioning the public
sector for efficiency and service delivery. Rather than
government facing the challenges of inefficiency in
public sector, they hurriedly came up with quick-fix
of by adopting “privatization” and promulgated it
with slogan like “government has not business doing
business”, “government does not create job”, etc. To
the researcher, quick-fix is like rule of thumb and
layman approach of solving problem by running away
from the problem.
From the onset, the quest for solution to the
inefficiency of public sector led to privatization that
was said to be panacea to the elimination of
inefficiency which ends up becoming a mirage. Till
date, inefficiency is still at work in Nigerian public
sector that contributes little to the economic growth.
The Nigerian public sector has become unproductive
and it has an attribute of group of people that feed
like an elephant and contributes like an ant. This is
the best way we can describe public sector that
constitute less than 5% of the population and
consumed over 70% of the national budget yearly.
Now that the private investors that took over the
hitherto government-owned companies have virtually
run many of the outfits ground and return the
companies inefficiency to status quo or even worse as
in the case of Power Holding Company of Nigeria
and others; coupled with slump in global oil prices –
the nation is now at the crossroads over the way
forward for a recessed and suffocating economy.
Privatization of Public Enterprises in Nigeria
Privatization comes to the heels due to the failure of
government and its institutions, parastatals,
commissions agencies to live up to their
responsibilities. The narrative and single story in
Nigeria is that public companies are known to
perform badly when companies with their private
sector counterparts and this cannot be said of China
and other countries that are doing well in public
companies management.
Corruption offshoot of poor governance, bad
leadership and bad management in Nigeria is directly
linked to private sector vis-à-vis privatization. Private
companies and some multinational companies at time
serve as a means of embezzlement – The allegation
that Former President Goodluck Jonathan received
gratification up to $200 million in bribes to approve
the controversial Malabu Oil transaction during his
tenure is a reference point. However, if the evidence
in Buhari administration fight against corruption
(anti-corruption campaign) through recoveryof stolen
fund and idle cash is anything to count on, it will be
morally wrong for Nigeria as a nation to depend on
borrowing from other countries and as well as
receiving aids from international donors.
Evidence from Bureau of Public Enterprises (BPE)
and its regulatory body – National Council on
Privatisation (NCP) shows that only 10 out of the
over 400 companies privatized so far were assessed to
be on relative sound footing as reported by Dr.
Christopher Anyanwu – the BPE boss. He went
further and attributed the failure of the scheme to the
hurried manner the companies were privatized (see
appendix 1 for some of the Nigerian Government-
owned companies (now collapsed, privatized or listed
for privatization).
For a quick-fix approach, President Goodluck
Jonathan in 2013 set up Stephen Oronsaye Committee
to restructure Federal Government parastatals,
commissions and agencies. Oronsaye committee
recommended the scrapping of 220 parastatals,
commissions and agencies. Conversely, it is yet to be
ascertain how mere restructuring and scrapping of
government, parastatals, commissions and agencies
can lead to service delivery and efficiency of public
sector. (See appendix II for full list of government
parastatals and agencies approved to be retained and
parastatals, commissions and agencies to be
scrapped).
Empirical Evidence of Governance Challenges in
Nigeria
The quality of public institutions and civil servants
service delivery in Nigeria is worrisome considering
inefficiency associated with economic institutions and
public management. Governance problem is closely
linked to corruption. Governance at national, state
and local levels are neither accountable nor
transparent, while due process is boycotted in running
government affairs. The various public sectors are
shrouded in weak structures and poverty while lots of
monies are allotted to them, in the budget. This is an
offshoot of non-transparent governance by those in
authority (Julius-Adeoye, 2011).
Public sector poor performance is a general concern
in Nigeria. poor performances are evident in
government-owned businesses, institutions, agencies,
parastatals, and civil service. Poor performance
outcomes are associated with persistent poor growth
performance. This shows that Nigeria’s public sector
need repositioning more than mere cutting cost in
governance.
As a nation, rather than dealing with problem of
public sector management inefficiency for efficient
service delivery. We are almost giving up with the
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notion that “government has no business doing
business” and “government does not create job but
only facilitates job”. Yet empirical evidence shows
that many countries “government-owned businesses”
in the areas of airlines, banking, oil, insurance,
mining, telecommunications, automotive,
construction, etc are doing well globally. For
instance, 13 out of 110 Chinese firms listed in 2016
‘Fortune Global 500’ Companies are government-
owned. The Fortune Global 500 is a benchmark
annual ranking of the largest 500 companies
worldwide as measured by total revenue.
With a careful examination of breakdown by country
in the list of top 10 countries with the most Global
500 companies, Nigeria organisations be it public and
private are not listed.
Table 1: Top Ten (10) Countries with the most
Global 500 Companies
Rank Country Companies
1
2
3
4
5
6
7
8
9
10
USA
CHINA
JAPAN
FRANCE
GERMANY
UNITED KINGDOM
SOUTH KOREA
SWITZERLAND
NETHERLANDS
CANADA
134
103
53
29
28
26
15
15
12
11
*Note: The global 500 includes 1 company under
the heading “Britain/Netherlands. That company is
counted in the tally for both countries.
Dimensions of Good Governance
The dimensions of good governance are: Political
stability (reflects the extent to which various other
dimensions of governance such as the rule of law are
observed); government effectiveness; regulatory
quality/regulatory agencies (friendly regulatory
policies); rule of law (where the rule of law exists, the
effects of market failure can be minimized);
corruption (the exercise of public power for private
gain, including both bribery and extortion); voice and
accountability (the participation of the civil society in
governance); and purposeful leadership.
Components of Governance Failure in Nigeria
The components of governance failure in Nigeria are:
corruption (closely linked to corruption are neither
accountable nor transparent, while due process is
boycotted); lack of genuity and integrity; lack of
foresight; false hope (white elephant promises and
unfulfilled promises are made by Nigeria leaders);
lack of ideas, creativity and innovation; poorly baked
policies (poorly baked policies, poor planning and
continuity); lack of competence and ill preparedness;
oppression, suppression and intimation; lack of
accountability, transparency and due process.
Leading: Leadership and Management
In managing a recessed economy, the focus on the
effectiveness of leadership and management is
important. Leadership and management is practice in
every walk of life be it public and private sector. A
chief executive job involves both management and
leadership, bit the latter is more important than the
former. Studied conducted at the University of
Michigan and Ohio State University in 1945,
established two major forms of leader and manager
behavior namely: employee centered and production
centered.
Leadership
Leadership is an asset to organisation. Effective
leadership leads to efficiency and profitability. Many
organisations often fail because of many factors that
have been attributed to the performance of leadership.
Bad leadership in organisation is portraying negative
features as lack of direction, neglect and drift, fraud
and insensitivity to the needs and plights of the
citizens. It has been said that the major disaster of
Nigeria like many other African countries is bad
leadership and governance (Robert, 2009). It is on the
recognition of the imperative of leadership and
governance to a country that Nnablife (2010) avers
that the survival of a system rests with leadership. All
things rise and fall on leadership because leadership
effectiveness is a steering that drives a nation or any
organisation to heights of development and
productivity by the application of good governance.
Leadership is one of the basic and most important
needs in Nigerian organisations. The success of
organisation depends on leadership capability.
Leadership is an asset to organisation and leadership
and management styles are not fixed in places,
permanently attached to an individual’s personality.
While most leaders and managers found sanctuary in
one leadership style and develop a dominant
leadership style, but good leadership is a product of
adopting elements of other leadership styles based on
situational approach.
The classification of leadership style are:
authoritarian (or autocratic) leadership style,
transformational leadership style, transactional
leadership style, charismatic leadership, innovative
leadership, Quiet leadership, laissez-fair leadership,
servant leadership, situational leadership,
ambidextrous leadership.
However, the style that individuals use in managing
organisation depends on the combination of their
beliefs values and preferences, as well as the
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organizational culture and norms which encourage
some styles and discourage others.
The problem many organisations in Nigeria public
sector are suffering from is a recognition problem –
they cannot seem to recognize good leaders from bad
ones. Leaders produce results. Good leaders will find
a way to get th job done. It is not always the case of
inexperience leaders. The symptoms of bad
leadership are as: lack of communication,
micromanagement, unclear expectations,
intimidation/bullying (lead by fear), commanding,
poor people skills, controlling, indecisive, open-
minded, resist change, visionless, and favouritism:
arrogance, angry, blame-shifter and driven by
emotion.
Management Practice: Micromanaging and
Macro-managing Behaviour
Managing people is never easy. Micro managing and
macro managing them is destined for failure. Micro
and macro-management approaches are different
method but similar result. Micro-management makes
people less productive, and makes them quit. Macro-
management makes people less productive, and they
stay. Both are bad. An ideal/good manager strikes a
balance between micro and macro-management.
Micromanaging Behaviour
Manages are more interested in getting things done.
Thus, a manager is more likely to be directive in style
simply because of the implications of failure.
Micromanagement in simple term is a management
term used to describe a manager who is over-involved
or get involved in organisation work and act as
control centre through excessive control or attention
to details (Alvesson & Sweningsson, 2003; Sowers,
2011) and close supervision (Porterfield, 2003;
Wright, 2000). The consequences of micromanaging
behaviour are not restricted to the micromanager and
the subordinantes (Badger et al., 2009; Hernson &
Krauss, 1987), but also stretch to the total
organisation (Sahay et al. 2000; Hansson e tal. 2003).
The basis for macromanaging behaviour is under-
confident and rooted in corporate culture (Badger et
al, 2009; White, 2010) manager’s personality (Badger
et al., 2009; Linvingston, 2003; Maloney & Federie,
1991), and attributes of subordinates (Rosen &
Jerdee, 1977).
Micromanagement is the act of exercising excessive
control of team members/subordinates even a
competent staff. Sometimes it is done without malice
and even with good intention. Micromanagers are the
ones that believe that they can do their subordinates
with good intention. Micromanagers are the ones that
believe that they can do their subordinates job better.
Yet, managers do not have the time to do multiple
jobs – their job and that of their subordinates. It is
nearly impossible to do the jobs of subordinates
properly in addition to one’s own job (boss). Ideally,
paying attention to details and making sure the work
is getting done are important but it is the excessive
control that is problematic.
The characteristics of a typical micromanager are:
perfectionists/perfectionism, always consider his
employees incompetent, they do not give
subordinates enough freedom to do their jobs, they
feel ownership or assume ownership of another
person work/dork done or results); waste company
time and money correcting mistakes; they oversee
their workers too closely; they tend to look at the
details of an employee’s job many times during the
work day, usually making unwarranted remarks; fault
finder i.e. always looking for mistakes; avoid
delegation process when assigning duties; exaggerate
the importance of minor details to subordinates; they
want to be hands-on (hands-on manager is someone
who is willing to do the same work as their
employees); they take responsibility away from the
subordinates.
Some common excuses that chronic micromanagers give and what they really mean
What Micromanagers really mean when they try to explain their behaviour
Don’t take the excuses at face value
S/No. What Chronic Micromanagers say What they really mean
1. It will save me time if I just do it myself.
I don’t believe it’s worth my time to let them try,
because they won’t get it right anyway.
2.
Too much is at stake to allow this to go
wrong.
I don’t trust them to do their jobs according to my
standards.
3.
It is my credibility on the line if we don’t get
it done on time.
The work won’t get done unless I constantly prod
them.
4. When I am not involved, they mess up.
The one time I yielded some control, there was a
mistake and I’m not willing to take that risk again.
5.
My boss wants me to be heavily involved in
my team’s work.
If I don’t stay involved, how else will I prove my
worth?
Source: Muriel Maignan Wilkins, Co-Author of Own the Room: Discover your Signature Voice to master
your Leadership Presence
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Micromanagement generally has a negative
connotation; it is frustrating (employee may perceive
the manager constant involvement as overbearing,
intrusive, disruptive, and inefficient); demoralizing
(destroy employee morale); demotivating (destroy
employee motivation); micromanager do not
empowering the employee to develop;
micromanagement tends to erode workers self-
confidence; they lack faith in the employee’s
competency, avoid delegation process (employee
delegation); they kill initiative; they lack faith in
employee trust; increases staff stress levels; high
absenteeism; high bumout; high turnover; lack of
employee trust; lack of employee engagement;
authority and responsibility violations – All this tends
to hamper productivity and makes organisations
vulnerable.
Macromanaging Behaviour
Macromanagers are generally on the opposite end of
the spectrum of micro-managers. Macro-managers
give employee so much freedom that they do not do
their jobs and do not feel ownership in the results. He
is a boss who allow subordinate to do their work with
little or no supervision. Macromanager is like absence
of leadership – free rein.
Macromanager is not the worst boss in the world of
work to work for, if you take a short-term view.
Thinking long-term, working for this type of boss will
weakening your capabilities (and your career), and
you will seldom be producing the type of results you
can feel proud of at the end of the day.
Summary and Conclusion
Good governance is required to eliminate public
resource mismanagement and to ensure quality
service delivery and effective bureaucracy, strengthen
the rules of law as well as the promotion of credibility
accountability and transparency and capacity
building.
There is nothing wrong with leader and management
control of organization. A good manager is an
involved manager, but an over-involved manager that
spends time trying to control the details of work done
by “competent” staff, rather than focusing his/her
energy on the strategic necessities of managing is
termed micromanager. Also, a good manager is
managers that delegates authority, but a manager who
delegates without control or gives an employee an
assignment, and then disappear until the deadline is
termed macromanager – in this illustration both
micromanagement and micromanagement are bad.
Reviving a recessed and suffocating economy
requires government businesses. Running away from
businesses is not an option for Nigeria but rather how
to achieve and sustain public sector management
efficiency should be the concern of government.
Good governance, good leadership and good
management are sufficed to revive a recessed and
suffocating economy characterized with inefficiency.
Most civil servants in Nigeria like their counterparts
in the private sector do not have an issue with
performance if the leadership and management of
public sector play a key role in promoting public
sector efficiency. The paper concludes that the
moment Nigeria gets rid of the public sector
inefficiency; Nigeria will be in a better position to
strengthen and boost its growth performance to get
out of recession and succeed in reviving a suffocating
economy.
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