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result(s) for
"EMEKA, Josephat Owan"
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Interest Rate, Foreign Direct Investment, and Economic Growth in Nigeria: A Re-evaluation of a Popular Paradigm
by
Atelhe, Atelhe George
,
Ndem, Bassey Enya
,
Henry, James Tumba
in
and J21
,
Business cycles
,
Developing countries
2024
A popular paradigm among developing countries pursuing the goal of economic growth is the growth-enhancing potency of foreign direct investment (FDI) in underdeveloped countries. A favourable interest rate regime is one of the policy measures attracting FDI to these countries. This study re-evaluated the relationship between interest rate, FDI, and economic growth amidst the fluctuation of key macroeconomic variables in Nigeria from 1980 to 2022. The objective was to examine the impact of interest rate and FDI individually on economic growth and the duo’s joint interaction impact on economic growth. The study adopted the autoregressive distributed lag (ARDL) model in the analysis. The findings showed that interest rate exerted a negative and insignificant impact on economic growth in the long run and a positive and insignificant impact on growth in the short run. FDI insignificantly impacted economic growth in Nigeria. The interaction between interest rate and FDI jointly impacted economic growth significantly in the short run. Gross domestic investment, index of openness, and labour force participation rate also exerted a significant impact on economic growth in Nigeria. Based on the findings, the paper recommended that policies that attract FDI inflow should be implemented for more interest rate-FDI interaction to stimulate economic growth, among others.
Journal Article
EVALUATING THE IMPACT OF MASS TOURISM ON THE HOSPITALITY INDUSTRY AND TOURISM DESTINATION DEVELOPMENT OF CROSS RIVER STATE, NIGERIA
by
ETIM, Ndem Samuel
,
EWURU, Agnes Awoli
,
JAMES, Daniel Daniel
in
cross river state
,
destination development
,
hospitality industry
2024
This research aimed to evaluate the impact of mass tourism on the hospitality industry and tourism destination development in Cross River State, Nigeria. Primary and secondary data were collected through a checklist and questionnaire, and subsequently analyzed using one-way analysis of variance (ANOVA) and the Pearson Product Moment Correlation Coefficient. The findings indicated that Transcorp Hotel and Azari had the highest number of visitor arrivals, with Cuba contributing the largest percentage of tourists in the region. Moreover, the study identified overcrowding and an increase in crime rates as the primary challenges associated with mass tourism in the area. Consequently, the results emphasize the necessity of implementing effective measures to alleviate the negative impacts of overcrowding and address the challenges arising from mass tourism.
Journal Article
African Union and the Quest for Socio-Economic Emancipation in the Face of Xenophobia
by
Ilo, Kingsley Obumunaeme
,
Ajah, Benjamin Okorie
,
John-Okpa, Promise Akunna
in
African Union
,
African unity
,
Antidiscrimination
2025
Xenophobia presents a significant obstacle to the African Union's (AU) vision of a united and integrated continent. Xenophobia in Africa refers to negative feelings and discriminatory behaviour towards outsiders, particularly immigrants, refugees, or non-nationals. Despite the AU’s efforts to promote unity, xenophobic sentiments and violence persist across several African countries, undermining socio-economic stability, social cohesion, and continental integration. This article examines the challenges xenophobia poses to African unity and regional integration while exploring the AU’s response and proposing strategies to address these issues. The findings reveal that xenophobia affects various socio-economic dimensions, including employment, education, and access to resources for African migrants and host communities. Migrants, often viewed as economic threats, face exclusion from job opportunities and essential services, leading to disrupted livelihoods and perpetuated cycles of poverty. Moreover, xenophobia undermines Agenda 2063’s goals by hindering intra-African mobility, damaging social cohesion, and weakening the foundations of a unified Africa (Paalo, Adu-Gyamfi & Arthur, 2022). Although the AU has publicly condemned xenophobic violence and encouraged protective policies, critics argue that its responses lack enforcement and proactive strategies to curb xenophobia at its roots. The study concludes that xenophobia remains a significant barrier to achieving the AU’s aspirations for a prosperous and integrated Africa. The AU must reinforce its commitment to inclusivity and cooperation among member states to foster lasting unity (Delaila, 2019). Therefore, we recommend that the AU and its member states conduct educational campaigns that promote Pan-Africanism and the economic contributions of migrants. This would change how people think about these issues, make anti-discrimination laws stronger, and improve border and migration policies. All of these changes would make integration easier and lower tensions between communities.
Journal Article
Igbo Language as a Unifying Tool to Address Challenges Posed By Unknown Gunmen in Southeast Nigeria
by
Promise Akunna John-Okpa
,
Chima, Theresa Isife
,
Ogbuke, Martha Uchenna
in
Collaboration
,
Collective action
,
Communication
2025
The southeastern region of Nigeria has been grappling with a significant increase in violent activities attributed to unknown gunmen (UGM), resulting in widespread fear, social disruption, and economic decline. This study explores the potential of the Igbo language as a unifying tool to address the complex security challenges posed by UGM. It argues that the Igbo can be instrumental in mobilising collective action against insecurity. Factors such as unemployment, weak governance, erosion of traditional values, and ethnic tensions are identified as key drivers of UGM activities in the region. The study proposes strategies that include utilising the Igbo language for community sensitisation; promoting the revitalisation of traditional governance structures; and encouraging inclusive and effective security measures. By highlighting the power of cultural and linguistic unity, this research offers a pathway for southeastern Nigeria to not only confronts the immediate threat posed by UGM but also to foster long-term peace, stability, and socio-economic recovery. The findings underscore the importance of leveraging local cultural resources, such as language, in addressing complex social challenges and creating a more cohesive, resilient society.
Journal Article
Assessment of Land Transactions in Uganda and Nigeria: A Comparative Legal Analysis
by
Asomba, Ifeyinwa U.
,
Ugwu, Ikenga Patrick
,
Chukwuemeka, Leweanya Kingsley
in
Best practice
,
Consent
,
Constitutional courts
2025
Effective land administration is essential for sustainable development. It fosters transparent transactions, protects ownership rights, and provides security for investors. This study's goal is to look at how the laws in Nigeria and Uganda handle land transactions and compare them. The study will concentrate on matters such as land ownership, deal-making processes, and investor protection measures. This study uses a doctrinal research method to look at primary legal sources like Nigeria's Land Use Act of 1978 and Uganda's Land Act of 1998, as well as relevant constitutional provisions and court rulings. It also looks at secondary sources like academic articles and reports. Key findings reveal that Nigeria’s centralised model has led to frequent abuse of authority and created barriers to efficient land investment. In contrast, Uganda’s Constitution vests land ownership in its citizens and recognises multiple tenure systems that promote individual rights, spousal consent, and public access to land registry information, thereby enhancing land transaction security. The study concludes that Uganda’s approach aligns more closely with global best practices, offering clearer protections for landholders and investors. It recommends that Nigeria consider reforming its Land Use Act, adopting provisions for spousal consent, boundary confirmation by neighbouring landowners, and stiffer penalties for fraudulent transactions to improve investor confidence and reduce litigation risks. These reforms would enhance Nigeria’s legal framework for sustainable land management and investment.
Journal Article