Aliero Mohammed - Academia.edu (original) (raw)

Papers by Aliero Mohammed

Economic and Financial Review, 2015

This study examined the effect of monetary policy on the manufacturing sector in Nigeria from 197... more This study examined the effect of monetary policy on the manufacturing sector in Nigeria from 1970 to 2012 using Autoregressive Distributed Lag (ARDL) bound testing approach. Exchange rate was found as the only channel of monetary policy transmission with significantly negative effect on the manufacturing sector. This implies that manufacturing firms largely rely on foreign inputs for production and do not depend on the banking system for funding. The study, therefore, recommends indigenous technology and financial system development to reduce dependence on imported inputs and facilitate access to more funds.

This paper analyses the determinants of accessibility of insurance services in rural areas of Nig... more This paper analyses the determinants of accessibility of insurance services in rural areas of Nigeria. The paper uses cross-sectional primary data sourced through a structured questionnaire from 384 respondents dwelling in rural areas of Katsina state. In analysing the data Logit modelling approach was used to find a significant positive influence of age, access to credit, educational attainment and availability of insurance services on access to insurance services. Moreover, the influence of income and gender are positive but statistically insignificant. Contrary, the study finds a significant negative influence of marital status on the accessibility of insurance services in rural areas. The study therefore concluded that deepening of insurance services in rural areas requires a special intervention taken into cognisance of religious viewpoint of these people. We recommended among other things, that while establishing micro-insurance in the rural areas of Northern Nigeria should be...

African Development Review, 2020

Financial inclusion, as a key pillar for inclusive development, has long been considered as an im... more Financial inclusion, as a key pillar for inclusive development, has long been considered as an important instrument for reducing poverty and income inequality. However, the income convergence effect of financial inclusion remains only partially explored. Using longitudinal data covering three survey waves on Nigerian households, this study explores the potential of financial inclusion as an instrument for reducing income disparity. After controlling for the endogeneity issues, the results of instrumental variable linear and quantile regressions consistently show a strong nexus between financial inclusion and per capita income. This positive effect is experienced by all households regardless of income distribution. The decomposition results reveal that ab initio, financial inclusion resulted in income divergence leading to widening inequality across the households with various income distributions. However, the income convergence started from the middle to the higher income household categories, with the lowest income lagging behind in the second wave. The lowest income households eventually converged in the data of the third wave. In this sense, it can be argued that financial inclusion could play an important role in the reduction of income inequality.

International Journal of Environment, Agriculture and Biotechnology, 2020

The study was conducted in Zamfara State, Nigeria to assess the role of local Non-Governmental Or... more The study was conducted in Zamfara State, Nigeria to assess the role of local Non-Governmental Organizations (NGOs) in community development. A questionnaire was administered to 200 randomly selected beneficiaries of NGOs activities. Another questionnaire was administered to 58 purposively sampled officials of local NGOs for the study. Descriptive such as (frequencies and percentages) and inferential statistics like t-test and correlation were used to analyze the data collected from the field. The study revealed that, local NGOs contributes significantly to community development in various ways such as through community self-help efforts; training and retraining of community members and awareness creation and sensitization of community members. It was revealed that, these efforts resulted to many improvements such as increased enrolments of children in schools; improved health care service delivery; and increased agricultural yields. The research has shown that, beneficiaries provide water; labour and venue during execution of community development efforts. The study identified problems militating against smooth running of NGOs activities: inadequate funds and personnel; low level of beneficiaries 'commitments; and low level of government support. It was recommended that, government, individuals and development partners should provide more financial, technical and human resources support to NGOs in order to make them effective and efficient in delivery of community development services.

Journal of Research in National Development, 2012

This study is undertaken to empirically investigate the impact of IFAD poverty intervention progr... more This study is undertaken to empirically investigate the impact of IFAD poverty intervention programme on rural poverty reduction in selected Local Governments Areas (LGAs) of Sokoto State. Using a structured questionnaire, the study obtains data from 210 respondents randomly drawn from the IFAD beneficiary LGAs. The study uses both descriptive and Logit regression approach for the purpose of analysis. It was found that education has significant negative relationship with rural poverty while gender, age and household size have significant positive relationship with rural poverty. It was also found that IFAD poverty intervention programme has positively impacted on the rural poverty reduction in the selected LGAs. We therefore recommend that IFAD should focus more on educating the rural communities as well as the provision of infrastructural facilities in order to ensure more effective poverty reduction. Keywords : Intervention, rural, poverty, reduction,

This study analyses financial intermediation in the rural financial sub-sector of Nigerian econom... more This study analyses financial intermediation in the rural financial sub-sector of Nigerian economy. In achieving the objective of the paper, we investigate the relationship between the total deposit mobilized and the total loan advanced by the formal bank branches located in the rural areas of Nigeria from 1982-2009. The study uses time series secondary data collected from various issues of the Central Bank of Nigeria (CBN) statistical Bulletin, the data was analysed using the Augmented Dickey Fuller unit root tests and Johansen cointegration tests allowing for using fully modified Ordinary Least Square (OLS) method. The study found that rural deposit has a significant positive influence on rural loans while the influence of interest rate is positive but not significant. The result of Pearson Product Moment Correlation revealed a fair correlation between deposits mobilised and credits allocated in rural areas of Nigeria. As such, 48% of the deposit mobilised is given out to rural cu...

African Journal of Agricultural Research, 2012

This study examines the factors that influence farmers access to formal banking credit in the rur... more This study examines the factors that influence farmers access to formal banking credit in the rural areas of Nigeria. The data used was collected from rural areas of Katsina State. This study used probit modelling approach to analyse the factors that influence farmers' accessibility to formal credit. This study found that the level of income, collateral, educational attainment and marital status have significant positive influence on farmers' access to formal credit, while age and sex have insignificant positive influence on the farmers' access to credit. On the other hand, interest rate and transaction cost have significant negative influence on the farmers' access to formal credit. Thus, this paper concluded that with the prevailing banking arrangement in Nigeria, rural farmers have little or no access to credit from conventional banks. Therefore, the study recommended the use of both group lending arrangement and character lending, so that farmers in the rural areas could be reached with formal credit.

Mediterranean journal of social sciences, 2012

Abstract Enhancing access to formal financial services especially credit to the rural populace ha... more Abstract Enhancing access to formal financial services especially credit to the rural populace has been identified as a means of reducing poverty in developing countries. This paper investigates whether access to financial services reduces poverty in Nigeria focusing ...

eujournal.org

This study investigates the prospects of micro-insurance in the rural areas of Nigeria, while Keb... more This study investigates the prospects of micro-insurance in the rural areas of Nigeria, while Kebbi State was used as case study. The data used in this study is cross sectional and was collected from a sample of 190 respondents, who were contacted through a structured questionnaire. The data collected was analyzed using logit regression model and the study revealed that income level, educational attainment and property ownership as well as availability of infrastructural facilities in the rural areas, the prospects of Micro-Insurance in the rural areas of Nigeria. The study recommended that income level of the rural dwellers should be taken into consideration while setting premium, efforts to provide, at least basic education in the areas, should be intensified it is also suggested that serious mobilization and sensitization should precede the introduction of Micro-Insurance. Micro-insurance in rural areas should place more emphasis on farming, being the major occupation in the rural areas. As such we recommended for Agricultural Micro-insurance in rural Nigeria, at least at start.

International Editorial Committee

This study examines the role of Nigerian Investment Promotion Commission (NIPC) in attracting For... more This study examines the role of Nigerian Investment Promotion Commission (NIPC) in attracting Foreign Direct Investment (FDI) in Nigeria. Data for the study was collected from secondary sources to measure FDI inflow before the establishment of NIPC ie 1981-1995 ...

European Journal of Sustainable Development, 2013

Unemployment and poverty are endemic among Nigerian youth in spite of numerous approaches to curt... more Unemployment and poverty are endemic among Nigerian youth in spite of numerous approaches to curtail the menace Access to credit is critical to enable the poor to transform their production systems and thus exit poverty. It is a well known fact that an efficient financial sector that responds to the needs of the private sector increases investment, enhances economic growth, and creates job opportunities which is one of the major challenges for developing economies. This paper examines the role of credit deepening on youth empowerment and poverty reduction in Nigeria. The approach of the paper is qualitative and uses content analysis; literature was reviewed and thereafter conclusion was drawn based on the literature weight. It is however important to note that economic empowerment through accessibility to credit could be achieved if and only if factors like collateral, interest rate, transaction cost and financial literacy, among others that pose challenges in accessing credit are remedied Specifically we recommend Indian model (Bharatia Yuva Shakti).

Financial sector development has been identified by financial economists as a veritable way

This study investigates the determinants of bank failure in Nigeria from 1970-2013. It uses Autor... more This study investigates the determinants of bank failure in Nigeria from 1970-2013. It uses Autoregressive Distributed Lag (ARDL) approach in the analysis and further examines the extent to which these determinants lead to bank failure in Nigeria. The study found that there is significant long run relationship between bank failure and exchange rate, interest rate, capital adequacy ratio, non-performing loans and liquidity ratio, but an insignificant relationship with inflation in Nigeria. On the direction of causality, the study found a bidirectional causal relationship between bank failure and, capital adequacy ratio and nonperforming loans (NPL), while a unidirectional causal relationship was found between bank failure and exchange rate but shows no causal relationship between bank failure and, inflation and interest rate. The study therefore conclude that bank failure is mainly determined by capital adequacy ratio (CAR), exchange rate, interest rate and liquidity ratio in Nigeria...

This study analyses the relationship between external debt and economic growth in Nigeria, using ... more This study analyses the relationship between external debt and economic growth in Nigeria, using time series data for the period 1970 - 2009. The study applies a number of econometric techniques such as: unit root test, cointegration test and Granger causality test. Results from this study show that all the variables are stationary at first differenced and integrated of order 1(1) which allows for Johansen cointegration test and the result of the test depicts a long run relationship between real GDP and external debt as well as government expenditure. Thus, the null hypothesis that there is no significant long run relationship is rejected and the alternative is accepted. However, the Granger causality test result showed that, there is no short run relationship between external debt and economic growth in Nigeria. This study concludes that the non-existence of long run relationship between external debt and economic growth in Nigeria indicates that increase in external debt could res...

International Journals of Marketing and Technology, 2012

This study investigates the causal relation between energy consumption and economic growth in Nig... more This study investigates the causal relation between energy consumption and economic growth in Nigeria. Time series data was generated covering 1970 to 2009 periods. The study used both aggregated and disaggregated data of energy consumption; including coal, petroleum, gas, and electricity. In analyzing the data, we employ the Augmented Dickey Fuller unit root tests and Johansen cointegration tests allowing for Granger causality test. The results infers that neither total energy consumption nor economic growth affect each other. On the other hand, finding reveals that petroleum, coal and electricity consumption leads to economic growth without feedback. Moreover, bidirectional causality between economic growth and gas consumption was found. The implication of the finding is that an energy conservation policy will retard economic growth for Nigeria. This imply that energy act as an engine of growth for the country and so the neutrality hypothesis of energy consumption and economic gro...

This paper analyses the relationship between private sector credit and economic growth in Nigeria... more This paper analyses the relationship between private sector credit and economic growth in Nigeria, using time series data for the period of thirty-seven (37) years (1974-2010). In analyzing the data the paper used Autoregressive Distributed Lag (ARLD) bound F-test for cointegration. The results indicated that a long run equilibrium relationship exists between private sector credit and economic growth, when private sector credit was used as dependent variable. However, causality results indicate that there is no causal relationship between private sector and economic growth in Nigeria. Therefore the empirical findings of this research implied that while “demand following hypothesis” prevailed in the long run relationship between private sector credit and economic growth in Nigeria, non-causal impact between private sector and economic growth on the other hand indicates the prevalence of the Schumpeterian “independent hypothesis” on the Nigerian economy. Finally, the study recommends ...

Journal of Accounting and Taxation, 2016

The Nigerian tax reform in the early 1990s was a fallout of market reform in the mid-1980s, while... more The Nigerian tax reform in the early 1990s was a fallout of market reform in the mid-1980s, while the structural adjustment program (SAP) piloted a transition to market driven economy where emphasis is laid on market forces with minimal government intervention, hence, the introduction of Value Added Tax (VAT) in 1994. This study empirically examined the impact of VAT on the level of economic activities in Nigeria from its inception to 2014. The study uses secondary data which was analyzed using Johansen (1988) co-integration test. The quarterly data ranged from 1994 Q4 to 2014 Q4. The study found evidence of a significant positive impact of VAT on economic growth. In the same vein, other government revenues, which include all oil receipts and other receipts into the federation account other than VAT were also found to be positively related to economic growth during the study period. The study, therefore, recommends that VAT should be sustained hence; all identified administrative loopholes should be covered for VAT revenue to continue to contribute more significantly to economic growth of the country. There should also be accountability and transparency in the management of all sources of government revenue.

Journal of Asian Development

This study investigates the effects of institution and macroeconomic policy on economic growth in... more This study investigates the effects of institution and macroeconomic policy on economic growth in Africa, using panel Cointegration technique to analysed data obtained from a panel of 50 African Countries covering a period of 25years (1990-2014). The results confirm that declining growth rate in Africa is due to poor management of macroeconomic policies. A weak turning point is also confirmed to exist for government size in the short run; in the long run it becomes more pronounce. The Wald restrictions tests of causality ascertain that institutions lead economic growth performance in the short run, while poor economic growth performance impaired the capacity required in building strong institutions which in turn stunts growth in the long run. Therefore, African leaders should tilt their expenditure in favour of human capital development and strong institution, ensure intra-regional trade and adopt private sector led – economic growth strategy.