LAFIA JOURNAL OF ECONOMICS AND MANAGEMENT SCIENCES

Does Energy Consumption Impact Sustainable Development in Nigeria?

Osarobo Imarhiagbe — 2025-03-01

This study examined the sustainable development implications for energy consumption in Nigeria spanning from 1986 to 2022 using the Fully Modified
Ordinary Least Squares (FMOLS) technique. The estimated FMOLS results revealed that petroleum resource consumption has an adverse and statistically
non-significant impact on sustainability in Nigeria as a positive relationship means that petroleum consumption increases carbon emission and
unsustainability in Nigeria. Further, the study revealed that electricity consumption and sustainable development are negatively and significantly
related. This implies that the consumption of fossil fuel-related energy like petroleum leads to increased environmental degradation which tends to
jeopardize the chances of the future generation from benefiting from such resource rent. This situation is seen as a lack of sustainable development. The
result also showed that biomass consumption positively and significantly impacts sustainable development in Nigeria. This implies that the consumption
of renewable resources like biomass is environmentally friendly and sustainability-enhancing. Thus, the study recommended among others that the
government should enact energy-efficient policies such as carbon tax or emissions trading, fuel efficiency standards for vehicles, Electric vehicle
incentives, energy efficiency tax credits, and others to curb the emission of carbon monoxide.

Foreign Direct Investment-Global Oil Price Nexus: A Comparative Analysis for both Nigeria and Morocco

Moshood Kolawole Alabi — 2025-03-01

This study investigated the relationship between crude oil prices and foreign direct investment inflow in Nigeria and Morocco. The research was motivated
by the critical role of Foreign Direct Investment in driving economic growth and the perceived influence of oil price on investment decision. Utilizing data
from 1990 to 2022, the study employed Autoregressive distributed lag model (ARDL) and the Error correction (ECM) models to analyse the impact of oil
prices on Foreign Direct Investment. The findings revealed that in Nigeria, global oil price and inflation rate were the most significant factors affecting
foreign direct investment in both the short and long run. Oil price has a positive relationship with FDI while inflation rate has a negative relationship
with FDI. In Morocco, oil price, real gross domestic product and interest rate have a positive impact on FDI. Oil price had a significant positive impact on
Foreign Direct Investment in both countries. The conclusion to be drawn from this study is that there are different and similar factors affecting FDI inflow in
various countries. A similar factor may have a positive relationship with FDI in a country and yet have a negative relationship with FDI in another country.
The study recommends that the Central Bank of Nigeria should work towards reducing its inflation rate as this will help to attract FDI. Also, the government
of Morocco should provide a conducive environment for all businesses to grow. When local production increases, it helps to attract FDI into the
country.

Dynamics of Socioeconomic Status and Health Poverty in Ibonwon Township of Eredo Local Council Development Area, Lagos-Nigeria

Kehinde K. Agbatogun — 2025-03-01

Health spending patterns in Nigeria are significantly impacted by increase in poverty trend; also, the recent recession due to COVID-19 pandemic has
worsened healthcare deprivation leading to increased unemployment and vulnerability in household access to health services. However, studies have
exposed some entangled findings on how poverty affects health deprivation in developing countries. Going by these premises this study focuses on the
dynamics of socioeconomic status and health poverty in Ibonwon Township, Lagos State, aiming to develop a health poverty index using the Alkire Foster
technique. Using the Taro-Yamane sampling size formula, three hundred questionnaires were distributed to seven-quarters of the township for data
collection. The health poverty index was used to examine economic determinants of health poverty, revealing a high frequency of health
deprivation, particularly on healthcare costs. The study found that household income does not significantly impact health poverty, with income differences
causing deprivation and severity by 1.9%. Job skill significantly affects deprivation and severity, while unskilled heads is reduced by 47.4% following
an increase of 14.57%. The study concludes that State Government in its efforts should continually improve access to affordable medical facilities,
qualified doctors, infrastructure, and health service awareness can help eliminate health poverty in Lagos State, but reducing family size may not
always be effective presently as it takes a long-term plan that warrants steady education of its populace needs. The policy suggestion of the study is that
women’s economic empowerment and economic initiatives should be embraced by the policy makers to alleviate health poverty.

Assessing the Influence of the One Champions Digital Advocacy Program on Public Awareness, Youth Engagement, and Policy Change in Development Communications in Nigeria

Olawale Lateef Makanjuola — 2025-03-01

This study assesses the influence of the ONE Champions Digital Advocacy Program on public awareness and policy change within Nigeria's development
communications landscape. The objectives are to evaluate the program’s impact on public knowledge and youth engagement, examine its role in
fostering policy dialogue, and identify challenges that hinder broader influence. Using a qualitative research design, this study relies on secondary
data analysis and interviews to explore the program's effectiveness in promoting awareness on issues such as health, education, and social justice.
Findings indicate that the program significantly enhances public knowledge, empowering young advocates to engage actively with policymakers. However,
barriers like limited internet access (the "digital divide") and political resistance from officials reluctant to engage with youth-led initiatives reduce
its reach and impact. Recommendations include expanding digital literacy initiatives, building multi-stakeholder partnerships, and strengthening offline
engagement strategies to overcome these challenges. This study concludes that while the ONE Champions Program has made substantial progress in shaping
policy discourse, greater efforts are required to ensure inclusivity and sustain advocacy across underserved communities in Nigeria.

Determinants of Households Consumption among Staff of Osun State Local Government Service Commission

Mumini Kadir — 2025-03-01

This study empirically examined the determinants of household consumption expenditure among staff of Osun State Local Government Service
Commission. A total sample of 124 staff of local government commission was purposively selected for the study. A self-constructed questionnaire was
employed to gathered data from the respondents. Multiple linear regression model and correlation analysis were used to analyse the information obtained
from the field. The findings of the study revealed that employment status and income level of household are the most significant factor that influence
household’s consumption pattern in the study area. while employment status exact positive significance, income on the hand show a negative relationship
with consumption expenditure. The study therefore recommended that government should initiate policies such as unemployment benefits, vocational
training programme, job training programme, and investment incentives that is capable of guarantee suitable employment opportunities for the teaming
youth so as to enhance their consumption level. Also, government should also prioritize policies and programmes, which may include quality health care
services, subsidized education and unconditional cash transfer financial support, as a way of reducing poverty level, in a bid to enhance consumption
level of the people in the study area. that will alleviate poverty level in the society with a view to increase income level, and consequently their consumption level.

Remittance Inflow, Digital Technology and Human Development in Sub- Saharan Africa

Chinedu Callistus Onyia — 2025-03-01

Money transfers from abroad serves as a significant source of finance to many households and countries in Sub-Saharan Africa (SSA) have been hampered
by cost of transfers, amidst advancement in digital technologies. This study explores how remittance inflows and digital technology together impact wellbeing
improvement in Sub-Saharan Africa. The study employed the conditional panel quantile regression methods and a panel data of forty-five
(45) SSA countries from 2010 to 2022 for data analysis. The study found that the effect of remittance and digital technology on human development varies
across SSA countries. The study also found that the combine impact of money transfers from abroad and digital technology on human development has
noticeable variations across the lower HDI (25th quantile), middle HDI (50th quantile) and higher HDI (75th quantile) levels. This effect of remittance and
digital technology on human development and their interaction is higher for countries at the middle HDI level (50th quantile). The study concludes that as
remittances from abroad are becoming major sources of foreign financial inflows, harnessing the drivers of these remittance inflows is vital for
improvement in human developmental process in SSA. The study therefore recommends that to boost personal remittance inflow from abroad for
improvement in human development index amidst advancement in digital technologies, Sub-Saharan African countries should introduce consumer
oriented digital platforms for remittance services which should be adequately protected.

Effect of Climate Change on Economic Growth in Nigeria

Charles Agum — 2025-03-01

The research seeks to investigate the climate change effect and the growth of the Nigerian economy, using the model of Autoregressive Distributed Lag
(ARDL) to examine the changes of short-time and long-time period for thirty (30) years (1993–2023). Applying the Endogenous Growth Theory as the
theoretical framework. The short-time period results reveal that fluctuations in climate change indicators, gross capital formation (GCF), foreign direct
investment (FDI), and trade openness (TRO) show inconsistent but significantly impacts on Gross Domestic Product. However, the long-time
period, some of these variables demonstrate non-significantly statistical effect on the growth of the economy, suggesting structural limitations within
Nigeria’s economy that may prevent the full realization of the growth potential of these factors. The Correction in Error Term reveals a slow rate for
equilibrium adjusted, highlighting economy’s gradual response to deviations from long-term trends. Meanwhile, there is confirmation of model robustness
from Diagnostic test, without heteroskedasticity’s evidence and residuals from serial correlation, thus supporting the findings’ reliability. The study concludes
that while climate change, FDI, GCF, and trade openness can influence shortterm growth, their long-term impact is hindered by Nigerian economic and
structural challenges. Based on the results, the research recommends strengthening regulatory frameworks to improve FDI effectiveness, investing
in climate-resilient infrastructure, enhancing the efficiency of capital allocation for productive projects, and diversifying the trade structure to
maximize the benefits of trade openness. These strategic recommendations aim to address underlying structural constraints, thereby supporting Nigeria’s
pathway to sustainable economic growth.

Impact of Public Administration on Cricket Sport Governance in Lagos State

Amin Amin — 2025-03-01

Despite cricket's global prominence, there is a significant gap in understanding the application of public administration principles within
cricket boards, particularly regarding transparency, financial management, and accountability. This study examined public administration in sports
governance in Lagos State, Nigeria. Data was primarily collected through questionnaires, supplemented by journals, textbooks, and archived
government documents. The study population comprised 82 individuals, including players, coaches, umpires, board members, and management of
Lagos State cricket sport. Using the Krejcie and Morgan table, a sample size of 67 respondents was determined. Out of the distributed questionnaires, 60
were completed and analysed using SPSS version 21. The study found that transparent and inclusive decision-making is crucial in governance and
organizational management, with the cricket board's decision-making processes being clearly communicated and widely supported. There was
strong agreement on the importance of codes of conduct and ethical standards to maintain the integrity of sports organizations. However, areas needing
improvement were identified, such as enhancing community involvement to foster ownership and support for local teams and addressing potential gaps in
media collaboration for better engagement. The study concluded that the governance, accountability, and operational structures of the cricket board
exhibit both strengths and areas in need of improvement. The study recommends that the Lagos State government should use social media, local
media, community meetings, and newsletters to engage diverse communities; developing and promoting cricket programmes that cater to a wide range of
demographics, including underrepresented groups, and ensuring events are culturally inclusive and reflect the diversity of Lagos.

Monetary Policy and Foreign Direct Investment in Nigeria

Dogara Egbiku Joshua — 2025-03-01

This study analysed the nexus between monetary policy and Foreign Direct Investment (FDI) in Nigeria (1981-2022). The study uses both ARDL and Nonlinear
ARDL econometric techniques. The analysis reveals that monetary policy has long-run and short-run relationships with FDI in Nigeria even
though the instruments do not influence FDI similarly. Real Exchange Rate (REXR) has a negative symmetric impact on FDI in both short and long terms.
There is however no asymmetric relationship between REXR and FDI. A stable and market-reflective exchange rate will have a stronger effect on FDI than a
currency appreciation in Nigeria. The short-term impact is found to be significant. Monetary contraction in terms of Monetary Policy Rate (MPR) has
both short and long-term negative impacts on FDI and an asymmetric effect on FDI with the negative shock having a stronger impact. Money Supply (M2)
is attractive to FDI in the short term but not significantly impactful on FDI in the long term. The study recommends the implementation of a moderate and
stable monetary policy rate and exchange rate systems that balance the need to create an investment-friendly climate to make Nigeria a destination for
foreign investors.

Public Debt, Fiscal Stability and Economic Growth in Nigeria

Osmond N. Okonkwo — 2025-03-01

This study examines Nigeria's public debt and its impact on fiscal stability. It aims to provide insights into how Nigeria can navigate debt challenges for
sustainable economic growth while maintaining fiscal stability. The paper reveals Nigeria’s significant increase in external debt from 14% to 40%
between 2012 and 2022, affecting Nigeria's development agenda. High borrowing costs and a significant portion of public revenue being allocated to
debt servicing have led to reduced investments in critical sectors like education, health, and infrastructure. The paper also discusses the concept of
debt overhang and its deterrent effect on investment and economic growth. It also discusses the role of fiscal policy in managing public debt and ensuring
fiscal stability. The study assesses the sustainability of Nigeria's public debt policy and its contribution to trade deficits. It also investigates the impact of
various components of the national debt burden on economic stability. The study recommends optimizing the debt structure, generating revenue beyond
oil, improving tax administration, and implementing public financial management reforms. It also emphasizes the need for anti-corruption
measures to enhance expenditure efficiency and fiscal discipline.