Socio-economic Development Of Nigeria Research Articles

Military Civilian Regimes and Socio Economic Development in Nigeria a Comparative Discourse and Evaluation

Nigeria, like other African countries, is faced with the problem of providing its citizens with the basic needs that make life worth living, whether under the military or civilian regime. This paper attempted a comparative evaluation of the military and civilian administrations’ efforts at the socio-economic development of Nigeria. The paper relied heavily on data culled from existing records and analysed using descriptive techniques. The paper noted that both the military and civilian regimes in Nigeria have initiated and implemented several policies and programmes towards the socio-economic development of the country but with little and in most cases, no positive impact on the lives of the citizens. The paper observed conclusively that the civilians are believed to be the best administrators of government whereas the military are meant to be specialists in handling ammunition and warrelated strategies, not governance. It was recommended that the Nigerian government should encourage professionalism as well as increase budgetary allocation to military formations to keep them from meddling in governance while the civilian administrators should endeavour to reduce unemployment and inflation rates in addition to improving the nation’s GDP through sustainable economic policies.

Insecurity and Nigeria’s Socio-Economic Development

Many scholars have identified insecurity in Nigeria as one of the major reasons for the country’s continuous under-development. This paper analyzes the effects of insecurity on the socio-economic development of Nigeria, with the main objective of proffering policy solutions to address insecurity challenges that have almost brought the county to her knees and stunted her development. The paper adopted the conflict theory propounded by Karl Marx as the theoretical framework to interrogate the causes of insecurity and the effects on various aspects of the Nigerian socio-economic system. The study employed qualitative research methods to critically assess the relationship between insecurity and Nigeria’s socio-economic development. It is theoretically based, with the use of secondary data, using in-depth explanatory analysis that produces results with understanding, meanings and views. The study identified severe unemployment, endemic poverty, ethno-religious conflicts, corruption, deprivation, inequalities and small arms and light weapons proliferation as the major causes of the unending insecurity challenge in Nigeria. These have led to population displacement, social dislocation, depression and trauma among the people, declining health situation, worsening school attendance, food insecurity and lack of foreign investment. The study recommended that governments at all levels should implement policies that will ensure serious reductions in unemployment rate, poverty and general inequality, by providing infrastructures and the enabling environment that will encourage entrepreneurs and small-scale industries to thrive, revamp the country’s entire security architecture, strengthen border security, tackle the proliferation of firearms, improve the legal system, among many others.

Taxation and Socio-Economic Development in Nigeria

The study examined the linkage between taxation and socio-economic development in Nigeria. The study employed a descriptive research design using secondary data collected from various issues of the Central Bank of Nigeria, Planning, Research and Statistics Department, National Bureau of Statistics and Federal Inland Revenue Service bulletins. The study focused on a five year time series study from 2017 – 2021. The study was anchored on the socio-political theory of taxation and the study methodology involved the review of extant literature on two groups of taxes: oil and non-oil taxes and how they are used to bring about socio-economic development proxied by GDP expenditure at constant purchase prices. The review revealed that tax revenue had positive relationships with socio-economic development, but they are grossly inadequate to meet up with GDP expenditures. The study concluded that tax revenues are under generated in relation to crude sales. It was recommended that among others that the government should engage in a complete re-organization of tax administrative machinery to reduce poor documentation of tax receipts, incidence of tax evasion and avoidance to the barest minimum to improve tax revenue and bring more taxpayers into the tax radial in order to enhance socio-economic development.

Financial Fraud and Socio-Economic Development in Contemporary Nigeria: Interrogating the Nexus

The study interrogated the effect of financial fraud on the socio-economic development in Nigeria from 2015 to 2022. Nigeria is characterized by high rate of financial fraud with growing concerns on its impact on the socio-economic development of Nigeria. The specific objectives of the study, therefore, are to examine the nature of financial fraud in the country from 2015-2022, determine how financial fraud affected socio-economic development in Nigeria from 2015-2022, and identify how financial fraud can be cubed in order to boost socio-economic development in the country. To achieve the objectives of this study, the following questions were posed: (i)What is the nature of financial fraud in Nigeria from 2015 to 2022? (ii),How has financial fraud affected socio-economic development in Nigeria from 2015 and 2022? and (iii) In what ways can financial fraud be curbed in order to boost socio-economic development in Nigeria? The study is anchored on the elite’ s theory propounded by Vilfredo Pareto in 1848. It adopted ex post facto research design and documentary method for data collection, while qualitative descriptive method was used for data analysis. Among other things, the study found out that financial fraud was high in Nigeria from 2015-2022. It equally found out that financial fraud adversely affected socio-economic underdevelopments in Nigeria from 2015-2022 as some measures put in place to curb financial fraud did not effectively achieve the objectives. In view of the findings, the study proffered some recommendations as solutions to the findings and they include the need to investigate all forms of financial allegations and offenders swiftly punished in accordance with

Book Publishing and Its Fundamentals as a Parameter for Socio-Economic Development in Nigeria: a Comparative Appraisal

This study delves into the paramount role of book publishing in steering Nigeria’s socio-economic development. It highlights the far-reaching impacts, encompassing cultural diffusion, financial empowerment, job creation, and global information dissemination. The study underscores the vulnerability of societies lacking quality books, leading to economic instability and skill deficits. By comparing global publisher numbers and situating Nigeria’s meager 31 indigenous publishers against a potential 2,712, the disparity becomes glaring. Employing a comparative appraisal methodology with a blend of primary and secondary data sources, the research illuminates the transformative journey of book publishing. The study advocates for substantial investments from government bodies, NGOs, and corporate entities to amplify the circulation of knowledge. The implications resonate with the urgent need for strategic interventions to bolster the dissemination of quality information, thereby fostering national development and addressing the challenges posed by a burgeoning population in Nigeria

Religious Tolerance and Peace Building in Nigeria: Implications for Community and Socio-Economic Development

This study evaluates how religious tolerance and peace building can impact community and socio-economic development in Nigeria. The paper went historical in tracing the consequences of religious intolerance in Nigeria as well as extract relevant information for the purposes of peace building and harmonious co-existence between Muslims and Christians. The specific objectives shall be to identify the visible causes of religious conflict between Christians and Muslims in Nigeria, evaluate the extent to which religious tolerance will enhance community and socio-economic development, and also to estimate the cost implication of peace building for socio-economic development. The study being a descriptive study engages secondary data, and as well makes recommendation that economic and societal wellbeing can only be achieved in an environment where multi-culturality and multi-religiosity are guaranteed.

Language as a tool for unification and socio-economic development in Nigeria

Language is of great essence to man. It is the means through which humans express their thoughts, exchange phatic communion, develop themselves and conquer their environments. Nigeria is one multilingual country in which the role of language as a unifying factor cannot be denied. Every citizen of Nigeria belongs to a particular ethno-linguistic family by means of which social relationships and affinities are shared among people of the same sociocultural and sociolinguistic lineage. The current spate of violent extremism in parts of the country has led to debates on the unity and socio-economic development of the country which cannot thrive in the face of uncertainties and violent upheavals. Thus, this paper discussed the role of language in the unification and socio-economic development in Nigeria. Ideas and opinions were obtained from secondary sources and analysed qualitatively. As a way forward, the paper recommended the adoption of the Hausa language for the purposes of unification and socio-economic development in Nigeria.

Fiscal Federalism and Socioeconomic Development in Nigeria

This paper examines how fiscal federalism had enhanced socioeconomic development in Nigeria. Nigeria has 36 states with political autonomy but depend on the federal government for economic survival since all productive activities belong to the federal government. Our analysis and discussion show that states with high production and revenue generation capacities were able to reduced poverty, create more jobs and improve literacy and human capital in spite of the federal government using most of their revenue to service states with less revenue generation capacity. The paper also reveals that almost all the states with very low production and revenue generation capacities have very high poverty level, unemployment and illiteracy level. Lagos, Rivers, Oyo and Ogun states were found to have generated more revenue than the rest states of the federation hence achieved higher level of economic development or socio-economic outcomes than other states. This implies that if the states are allowed to produce based on the available resources they have and pay tax to the federal government, the states will achieve higher level of development than what they have now. Based on these findings, the paper recommends the scraping of the present principles for revenue sharing and the enthronement of the derivation principle in which the federating units produce and pay tax to the central government as measures toward achieving sustainable development in Nigeria

Science Education as a Tool for Achieving Socio – Economic Development of Nigeria

This study delves into the profound connection between science education and the socio-economic development of Nigeria. The paper explores the transformative potential of science education as a catalyst for socio-economic development in Nigeria. It examines how science education fosters innovation, shapes a skilled workforce, and drives economic diversification. By nurturing a scientifically literate populace, Nigeria can navigate challenges and seize opportunities in a rapidly changing global landscape. The paper emphasizes policy implications, including holistic education reform, industry collaboration, and international partnerships. Ultimately, science education emerges as a dynamic tool that can empower Nigeria to drive innovation, enhance competitiveness, and build a resilient and prosperous future.

AFRICAN UNION (AU) REGIONAL INTEGRATION AGENDA AND SOCIO-ECONOMIC DEVELOPMENT IN WEST AFRICAN SUBREGION: A STUDY OF NIGERIA AND NIGER REPUBLIC

The Organization of African Unity (OAU) was transformed into the African Union (AU) in July year 2002, due to the resolution of African leaders to reposition the continental organization for better performance. This paper examines AU regional integration agenda and socio-economic development in West African sub-Region: a study of Nigeria and Niger Republic. The two countries share a common land boundary which covers over thousand kilometers. Historically speaking, they were both colonial creation of Britain and France respectively which was said to have born out of series of negations, treaties and conquests during the first decade of the 20thCentury. By 1960, the two countries got their political independence and have since exchange diplomatic missions and entered into various bilateral relations which border on trade, industry, culture, education and politics with a view to improving the socio-economic and political life of the citizenry. The duo established the Nigeria- Niger Joint Commission for cooperation in March, 1971 as a strategy towards promoting their socio-economic development. However, one of the perceived major problems to effective trade and integration in most Regional Economic Commissions is lack of political will. This is because most countries resist liberalization and tend toward protectionist policies to protect trade. Premised on this fact, how the AU hoped to effectively achieve its integration agenda particularly, as it affects Nigeria and Niger republic remains a serious challenge and a major concern for this paper. Methodologically, the paper adopted qualitative method that uses interview as instrument for data collection and this was supported with documents data. The findings from the results revealed that in terms of the impact of AU regional integration agenda on socio-economic development of Nigeria and Niger republic, there has been a lot of achievements. The two countries are said to be intertwined politically, religiously and socioculturally and any other forms one can think of. The findings from the results further identified major challenges confronting the AU in the integration of the two countries and Africa at large. These include; lack of political will; limited intra-African trade; funding problem; underdeveloped infrastructure etc. For better performance of the organization and the two countries, the paper recommended among others; the need for strong political will on the part of African leaders to turn policies and resolutions into actions at national levels

The Effects of Personal Income Tax Evasion on Socio-Economic Development of Nigeria

The study examined the effects of personal income tax evasion on socio-economic development of Nigeria. The study adopted ex-post-facto research, secondary data covering a period of 10 years. The data collected were analyzed using multiple regression analysis. From the result of the analysis, result finding evidently shows that personal tax evasion has a significant negative implication for socio-economic development of Nigeria. It was found that there is high rate of evasion among tax pay and this needed to be curbed. Hence, it is recommended that Government should make policies that make it easy for all sundry to pay their tax duties without feeling the burden.

Community Governance and Socio-Economic Development Realities in Nigeria

This paper explores the nexus between community governance and the realities of socio-economic development at the local level. This work relies on secondary data. The paper reveals that institutional frameworks at community level have potentialities in the realisation of socio-economic development in Nigeria. The paper recommends that extensive national value re-orientation and spirit of communalism are the needed mechanisms that would inspire patriotic citizenship/leadership and active civil society which is able to drive the process of utilising both local human and natural resources for the actualisation of socio-economic development in Nigeria.

Insecurity and Socio-economic Development in Nigeria

Nigeria's security issue is the state's principal purview as enshrined in the 1999 constitution of the Federal Republic of Nigeria (as amended). Section 14(2b) specifically provided that the welfare and security of citizens shall be the primary purpose of government. Unfortunately, despite this lofty provision, the Nigerian government has failed in its constitutional responsibility to provide a secured and safe environment. To this effect, Nigerians in recent times have witnessed an unprecedented level of insecurity ranging from Banditry, Assassination, Kidnapping, car snatching, religious uprising, and ethnic violence. This constitutes a serious threat to National security, hinders business activity, and retards the Socio-Economic Development of the country. With heavy reliance on secondary data derived from journals, textbooks, magazines, newspaper publications, and internet searches, this study will evaluate the impact of insecurity on the socio-economic development of Nigeria.

Smart Cities and Socio-Economic Development in Nigeria: Evidences from some selected Countries.

The rate at which cities are growing over decades with unprecedented increase in the use of utilities such as water, energy, education, housing, sanitation etc. calls for concern. The unprecedented population growth has led to the agitation for smart cities where little efforts will be utilized to achieve maximum output. However the government of Nigeria has put in place some measures to achieving smart city concept that will assist the citizens to live better life that will lead to a robust socio-economic, despite this feat the country has not explored the concept maximally to increase better living that will engender a robust socio-economic development. Sequel to this background that this study examines the role plays by smart cities in ensuring socio-economic development in Nigeria. The secondary data used in this study was gathered from existing publications. Being a qualitative research, content analysis was employed in the interpretation of the data. It was revealed that smart city arrangement in Nigeria is poor, hence this affect socio-economic activities most especially in the areas of trade and commerce, education, security, health to mention but a few. The study therefore recommends that government should encourage private sector through public private partnership to achieve this feat.

The Effects of Farmer/Herder Conflict on Socioeconomic Development of Nigeria

The paper examined the herder and farmer conflict on social economic development of Nigeria. The study presented the structural theory and the Frustration-Anger-Aggression Hypothesis to provide possible explanations for the crisis. The causes of farmers/herders clashes in recent times were identified to be a function of several factors not only limited to climate change resulting in drought and desertification soil degradation; growing population size, global terrorism, crime (rural banditry and cattle rustling) amongst others. Previous and present government responses to this crisis have been most disappointing with no clear cut and sustainable policy both by the federal and state government. This crisis has resulted in displacement of people from their communities, women and girls vulnerability to sexual and economic predation, huge economic burden on the government leading to loss of revenues, dwindling food supply and rising cost, increasing division among the Federating states and threat to National Security amongst others. The study recommends that the crisis should be addressed quickly to avert impeding food crisis, government should strengthen the mechanism for conflict resolutions, and above all herdsmen should know that the imperatives of a modern economy require that pastoralism should be laid to rest, while embracing improved modern methods of animal husbandry with improved high yields and disease resistant species (cattle). When this is done a win-win situation would be achieved for all stakeholders.

Impact of Ikere Gorge Dam on Socioeconomic Development in Nigeria

Aim/Purpose: The purpose of this paper is to examine the impact of Ikere Gorge Dam on socioeconomic development of Ikere Area of Oyo State, South-Western Nigeria and the Nation at large. Background: This study investigated the impact of Ikere Gorge Dam on socioeconomic development of Ikere Area of Oyo State, South-Western Nigeria and the Nation at large by employing correlational research design. Secondary data were sourced from journals; books among others while Primary data were collected through the passage of web-based questionnaires to those have knowledge about the potentials of the Dam. Methodology: The study employed correlational research design. Secondary data was sourced from journals; books among others while Primary data was collected through the passage of web-based questionnaires. The study employed Partial Least Square Structural Equation Model (PLS 3-SEM) for drawing the research results. Findings: The study found that there is a positive relationship between Ikere Gorge Dam Potentiality (hydroelectric power generation, irrigation, fishery, tourism capacities) and socioeconomic development in Nigeria. Impact on Society: Ikere Gorge Dam is endowed with resources, which are essential for social amenities required by the Host Communities and the entire country.

Interests of External Creditors and Socio-Economic Development in Nigeria through Foreign Loan (1980 - 2019)

Interests of External Creditors and Socio-Economic Development in Nigeria through Foreign Loan (1980 - 2019)

Traditional Institutions and Socio-economic Development in Nigeria: A Critical Analysis

Traditional institutions held pre-eminence positions in the pre-colonial societies in Nigeria. The level of order witnessed during this period was a testimony to the invaluable roles played by the traditional rulers in administering their different empires, kingdoms and communities. However, during the colonial era, the position of traditional rulers was compromised as they became mere stooges of the colonial power. The post-colonial period saw the traditional rulers’ roles diminished as they were given advisory roles in previous constitutions and with no single role in the 1999 Constitution. Thus, for the continuous relevance of the traditional institutions, there is a need for re-examination of their roles in the country. This chapter argues for community based developmental roles for the traditional rulers in the country. These include promotion of tourism development, encouraging modern agricultural development, maintenance of peaceful co-existence among the people of their domain and settlers from other parts of the country, providing platform for alternative dispute resolution, monitoring the activities of the various vigilante groups and other unconventional security apparatus in their communities and lastly partnering the security operatives through intelligence gathering within their domains for effective operations of security outfits in serving the people better.

University Education and Values Re-Orientation for Socio-Economic Development in Nigeria

This paper seeks to expound on the role of university education in promoting value orientation for socio-economic development in Nigeria. A quick examination of the terms of university education, value re-orientation and socio-economic development will be made in order to link how they lead to each other. With a comprehensive literature review, these terms will be viewed side by side with the opinions of various scholars to offer expert opinions on their background. University education is far more than just giving theoretical skills to students that will only be applied to their jobs in the future. Rather, the university environment can be used as a reservoir of value systems that can be passed to students so they can have improved mindsets and lifestyles that work beyond a job. The objectives of this paper are to create an understanding of the ways that are possible to achieve national socio-economic development through the university system which should make a change in its previous methods by now emphasising the necessity of value re-orientation to impact the lives of students. Through this expected impact, youths will improve mentally, emotionally and build an industrious work ethic for more than just study-related matters. They will be able to contribute immensely to changes in the nation and step by step, the country can experience a turnaround in its socio-economic development. The importance of this effort will be highlighted and issues that hinder the discovery of this paper’s goal will be deduced and allotted appropriate solutions applicable in real-life situations. Suitable suggestions will be made to give a reader practical knowledge on how to sustain the solutions provided in this paper

Igbo Apprenticeship System: A Cradle of Socio-economic Development in Nigeria (REVISITED)

The Nwaboi Apprenticeship System is by far the most entrenched and vibrant entrepreneurship promotion vehicle in Nigeria and it plays a major role in the growth and development of micro, small and medium scale enterprises. The system is a big driver for wealth creation, employment generation and poverty reduction and thus economic growth and development. The paper starts with a brief historical background and it is contended that the system is strongly rooted in Igbo culture. There are basically two major types of 'the Nwaboi apprenticeship system: 'Imu-Oru Aka' (Learning a craft or skill) and 'Imu-Ahia' (Learning to trade) and the scope is wide; ranging from all kinds of trading to various crafts and skills. The system is very informal, not integrated with the organized private sector and virtually outside the ambit of government oversight and support. However, in a bid to tackle the growing rate of youth and graduate unemployment, the Nigerian government took an unusual positive step and established the National Directorate of Employment in 1987 to equip young people with marketable skills that will help them to become employable or self-employed. Unfortunately, like many government initiatives in Nigeria that are prone to inconsistency and short life cycle, most if not all the programmes put in place as part of the NDE initiative are now either not functional or on the verge of becoming moribund. Some of the challenges facing the Nwaboi Apprenticeship System are explored while recommendations on how the system can be improved and reinvented for the 21 st Century include the realignment of the anti-industry dimensions of entrepreneurial ecosystem to promote the embedding of the enterprise culture; provision of physical, scientific and technological infrastructure; the establishment of a good legal framework to guide and formalize the system; establishment of entrepreneurship development and skills acquisition centres to promote the training and development of apprentices on basic and technological literacy and on entrepreneurship skill-sets such as technical, management and entrepreneurship skills and the promotion of linkage with well managed local organizations and multinational corporations. The paper concludes that the Nwaboi Apprenticeship System has the potential to significantly increase the level of entrepreneurial metabolism and to stimulate the rate and pace of new venture creation and thus a viable platform for entrepreneurship promotion in Nigeria.