- Volume 1, Number 1 (2025)
IMPACT OF EXCHANGE RATE ON MANUFACTURING SECTOR OUTPUT IN NIGERIA: VAR APPROACH
Dr. Taimako, Kafiya Rimamchika, Ali Adamu
The study examined the impact of exchange rate on manufacturing sector output in Nigeria for the period 1990 to 2024.Data were generated from the database of National Bureau of Statistic (NBS) and Central Bank of Nigeria (CBN) 2024 Statistical Bulletin. The research design adopted was the ex-post facto. The analysis was carried out using Vector Auto regression (VAR) method. Results of the analysis showed that real exchange rate (RER) has positive and significant impact on manufacturing sector output. Nominal exchange rate (NER) also has a positive and significant impact on manufacturing sector output during the period under study. While floating exchange...
FUEL PRICE SHOCKS AND POVERTY DYNAMICS IN NIGERIA: ASYMMETRY, SUBSIDY REMOVAL, AND MACROECONOMIC IMPACTS
Ilemona Adofu, Obadiah Jonathan Gimba, Onmonya Abraham Otsapa, Andrew Nande
This study examines the impact of Fuel Price Shocks and Poverty Dynamics in Nigeria: Asymmetry, Subsidy Removal, And Macroeconomic Impacts with the aim of assessing both the short run and long-run dynamics linking subsidy withdrawal, petroleum motor spirit (PMS) prices, gross domestic product (GDP) growth, inflation, and poverty levels. The scope of the study covers the post subsidy removal period with a focus on the macroeconomic consequences for household welfare. The study adopted the nonlinear autoregressive distributed lag (NARDL) methodology, supported by preliminary diagnostic tests including the Augmented Dickey–Fuller and Phillips–Perron unit root tests which revealed a combination of I(0) and I(1)...
THE IMPACT OF FOOTBALL BETTING ON SOCIOECONOMIC STATUS OF YOUTHS IN THE FCT, NIGERIA
Justice M Mbuh, Ejiro Efe Erhuotor, Nancy Adaugo Ebirim
This study examined the impact of football betting on socioeconomic status of youths in the FCT, Nigeria. This study adopted the Tversky and Kahneman’s Prospect theory and Expected utility theory. In all, a total of three hundred and thirty five (335) respondents were used for the study. The Pearson product-moment correlation coefficient (r) and Spearman’s rank test were prepared with Statistical Package for Social Science (SPSS) Version 23 to measure the relationships between variables namely; Football Betting (FB), Football Betting Ads (FBA), Peer Group Pressure (PGP) and Socioeconomic Conditions of Youths (SCY). The major findings indicated that there is a significant relationship...
IMPACT OF MANUFACTURING SECTOR OUTPUTS ON ECONOMIC GROWTH IN NIGERIA
Mohammed Bashir Umar, Ali Adamu
The study examined the impact of manufacturing sector outputs on economic growth in Nigeria for the period 1992 to 2024. Data were generated from the database of World Development Indicator (WDI) and Central Bank of Nigeria (CBN) 2024 Statistical Bulletin. The research design adopted was the ex-post facto. The analysis was study carried out using Vector Auto Regressive (VAR) model. Results of the analysis showed that food and beverages manufacturing output (FBMO) has positive and significant impact on economic growth. Rubber and plastic manufacturing output (RPMO) also has a positive and signifiperiod under study. While textile manufacturing output (TXMO) and chemical...
TAXATION AS A DRIVER OF ECONOMIC GROWTH IN NIGERIA: A COMPREHENSIVE ANALYSIS
Salihu H Muhammed Gani, Ijeoma Elizabeth Okoro
This study examined Taxation as a Driver of Economic Growth in Nigeria: A Comprehensive Analysis between 1990 and 2022. It adopted ex-post facto research design. The model adopted for the study was Autoregressive distributed lag model. The study utilized secondary sources of data from Central Bank of Nigeria (CBN) and Federal Inland Revenue Service. The variables in the model include gross domestic product (GDP) as the dependent variable, while petroleum profit tax revenue (PPTR), custom excise duty (CED), education tax (EDT) and value added tax (VAT) as the explanatory variables. The data were subjected to diagnostic test including unit root...