ADEWARA SUNDAY | Redeemer's University (original) (raw)
Papers by ADEWARA SUNDAY
Springer Nature Switzerland AG, 2021
This chapter considers British incursion into what is presently referred to as Nigeria. This chap... more This chapter considers British incursion into what is presently referred to as Nigeria. This chapter shows that the colonial government was mainly motivated by the search for cheap human and material resources necessary for the sustenance of British Empire. The colonial rule in Nigeria altered not only the traditional political institution in the name of civilization but also transformed the entire economy of the country. The present Nigeria economy was affected via expanded commercial institution, promotion of inland trade with the sole objective of enriching existing British commercial interest than to develop Nigeria industry. British colonial economy in Nigeria aimed at achieving three primary goals. The first goal is expansion of Nigeria's commerce via exporting of raw materials and importation of finished goods. Therefore, building of roads and railways, provision of telegraph and expansion of waterways and ports are to facilitate this first objective. The second goal is closely linked with the first which is to bring the country into a cash economy based on Britain currency (Pounds sterling), while the last is to force Nigerians both directly and indirectly to work for the cash. Finally, this chapter draws useful lessons from the colonial experience and provides useful suggestions for the future growth of the country.
Journal of Economic & Management Perspectives, 2018
Obesity and overweight are among the major contributors to the global burden of diseases as measu... more Obesity and overweight are among the major contributors to the global burden of diseases as measured by Disability-Adjusted Life Years due to its capability of increasing the risks of health related diseases. Strand of literature has focused on the biological factor with less emphasis on socioeconomic factors. Using dataset from the 2013 National Population for Demographic and Health Survey (DHS), this study applies binary probit regression model to examine the socioeconomic determinants of overweight and obesity in Nigeria. The study came up with the following broad stylized facts for overweight and obesity. The socioeconomic determinants of probability of overweight were age, gender, marital status, household size, education years, rural locality, wealth index (if poor), ethnicities and educated female. More so, age, female gender, marital status, household size, education years and educated female influence the probability of overweight among households positively; while age, rural locality, poverty and ethnicities influence the probability of overweight among households negatively. Also, the socioeconomic determinants of probability of obesity are age, female gender, marital status, household size, education years, rural locality, wealth index (if poor), ethnicities, poor female, educated female and educated poor. Finally, the study recommends public health education, cultural and value reorientation among others as solution to the problem of overweight and obesity in Nigeria.
The problem of high manufacturing costs has led to the shutdown of many manufacturing companies i... more The problem of high manufacturing costs has led to the shutdown of many manufacturing companies in Nigeria. This study examines the relationship between cost reduction strategies and the growth of manufacturing companies in Nigeria using data from annual reports of 40 manufacturing companies quoted on the Nigeria Stock Exchange within the period of 2012-2016. 40 manufacturing companies were sampled purposively for this study. The study took changes in material cost, changes in labour cost and changes in administrative overhead as variables for cost reduction strategies while changes in turnover as the variable for Growth. Correlation analysis was conducted to determine the association cost reduction strategies and growth while, regression analysis was used to determine the impact of cost reduction strategies on the growth of manufacturing companies. Results showed a positive significant berelationship between cost reduction strategies and growth of manufacturing companies in Nigeria...
In this paper, we considered change in health inequalities among the six geo-political zones in N... more In this paper, we considered change in health inequalities among the six geo-political zones in Nigeria. The two periods of our analysis covered pre and post transition era in the country. Our results confirmed the existence and persistence of within and between regional inequality in being underweight in the country. We also noticed that greater variation in regional inequality in being underweight subsequent to transition political transition in the country in 1999. The regions in the northern part of the country are however worse-off based on our results. We therefore suggest that the federal government should put appropriate policies in place to reduce regional health inequality in the country in order to evenly distribute the benefits of democracy to all citizens.
Theory and Decision, 2014
Cultural comparisons enjoy increasing popularity in economics. Since cultural comparison must aba... more Cultural comparisons enjoy increasing popularity in economics. Since cultural comparison must abandon random allocation to treatments, it is unclear whether differences found between countries can be attributed to country characteristics or are merely driven by differences in subject pools. In experiments in two Chinese cities and at two campuses in Ethiopia, we show that within-country differences are negligible. Differences between the two countries, on the other hand, are large.
This paper examines the effects of transition from autocratic military rule to democratic rule on... more This paper examines the effects of transition from autocratic military rule to democratic rule on public health expenditure in Nigeria. The aim of the study is to empirically tests which of the two forms of government has been favourable to the citizens in terms of allocation of public health expenditure in the country. The paper used Nigeria as an example of other developing countries oscillation between relatively autocratic military regimes and relatively competitive democratic rule since independent in 1990 as the case study. The study employed bounds testing approach to establish a long run relationship between political systems and public health expenditure in the country. Our results show that democratic political power have a positive and significant relationship to health expenditure as a percentage of total expenditure between 1960 and 2007. Our results also indicate that per capita health expenditure is significantly higher under democratic rule in the country compared to...
International Journal of Energy Economics and Policy
Reduction in oil price in the international market, coupled high demand of foreign goods and wide... more Reduction in oil price in the international market, coupled high demand of foreign goods and wide swings of oil prices in the international market has posed different challenges for policies to promote growth and development. This study investigates the impact of oil shock on macroeconomic performance in Nigeria using Structural Vector Autoregression and normalized equation was used to establish the long-run equation. Evidence from the long-run relationship showed that employment has a negative relationship with aggregated output, exchange rate and oil prices. The interest rate and consumer price index has a positive relationship with employment. Variation in oil shock affects most of the macroeconomic variables. More explicitly, the oil price shock shows more variation across the time horizon for employment. The consequence of the result is that dependence on the oil sector has not promoted employment generation over time; there is a need to consider an alternative means to ensure sustainable growth and development.
Centrepoint Journal, Aug 27, 2013
Springer Nature Switzerland AG, 2021
This chapter considers British incursion into what is presently referred to as Nigeria. This chap... more This chapter considers British incursion into what is presently referred to as Nigeria. This chapter shows that the colonial government was mainly motivated by the search for cheap human and material resources necessary for the sustenance of British Empire. The colonial rule in Nigeria altered not only the traditional political institution in the name of civilization but also transformed the entire economy of the country. The present Nigeria economy was affected via expanded commercial institution, promotion of inland trade with the sole objective of enriching existing British commercial interest than to develop Nigeria industry. British colonial economy in Nigeria aimed at achieving three primary goals. The first goal is expansion of Nigeria's commerce via exporting of raw materials and importation of finished goods. Therefore, building of roads and railways, provision of telegraph and expansion of waterways and ports are to facilitate this first objective. The second goal is closely linked with the first which is to bring the country into a cash economy based on Britain currency (Pounds sterling), while the last is to force Nigerians both directly and indirectly to work for the cash. Finally, this chapter draws useful lessons from the colonial experience and provides useful suggestions for the future growth of the country.
Journal of Economic & Management Perspectives, 2018
Obesity and overweight are among the major contributors to the global burden of diseases as measu... more Obesity and overweight are among the major contributors to the global burden of diseases as measured by Disability-Adjusted Life Years due to its capability of increasing the risks of health related diseases. Strand of literature has focused on the biological factor with less emphasis on socioeconomic factors. Using dataset from the 2013 National Population for Demographic and Health Survey (DHS), this study applies binary probit regression model to examine the socioeconomic determinants of overweight and obesity in Nigeria. The study came up with the following broad stylized facts for overweight and obesity. The socioeconomic determinants of probability of overweight were age, gender, marital status, household size, education years, rural locality, wealth index (if poor), ethnicities and educated female. More so, age, female gender, marital status, household size, education years and educated female influence the probability of overweight among households positively; while age, rural locality, poverty and ethnicities influence the probability of overweight among households negatively. Also, the socioeconomic determinants of probability of obesity are age, female gender, marital status, household size, education years, rural locality, wealth index (if poor), ethnicities, poor female, educated female and educated poor. Finally, the study recommends public health education, cultural and value reorientation among others as solution to the problem of overweight and obesity in Nigeria.
The problem of high manufacturing costs has led to the shutdown of many manufacturing companies i... more The problem of high manufacturing costs has led to the shutdown of many manufacturing companies in Nigeria. This study examines the relationship between cost reduction strategies and the growth of manufacturing companies in Nigeria using data from annual reports of 40 manufacturing companies quoted on the Nigeria Stock Exchange within the period of 2012-2016. 40 manufacturing companies were sampled purposively for this study. The study took changes in material cost, changes in labour cost and changes in administrative overhead as variables for cost reduction strategies while changes in turnover as the variable for Growth. Correlation analysis was conducted to determine the association cost reduction strategies and growth while, regression analysis was used to determine the impact of cost reduction strategies on the growth of manufacturing companies. Results showed a positive significant berelationship between cost reduction strategies and growth of manufacturing companies in Nigeria...
In this paper, we considered change in health inequalities among the six geo-political zones in N... more In this paper, we considered change in health inequalities among the six geo-political zones in Nigeria. The two periods of our analysis covered pre and post transition era in the country. Our results confirmed the existence and persistence of within and between regional inequality in being underweight in the country. We also noticed that greater variation in regional inequality in being underweight subsequent to transition political transition in the country in 1999. The regions in the northern part of the country are however worse-off based on our results. We therefore suggest that the federal government should put appropriate policies in place to reduce regional health inequality in the country in order to evenly distribute the benefits of democracy to all citizens.
Theory and Decision, 2014
Cultural comparisons enjoy increasing popularity in economics. Since cultural comparison must aba... more Cultural comparisons enjoy increasing popularity in economics. Since cultural comparison must abandon random allocation to treatments, it is unclear whether differences found between countries can be attributed to country characteristics or are merely driven by differences in subject pools. In experiments in two Chinese cities and at two campuses in Ethiopia, we show that within-country differences are negligible. Differences between the two countries, on the other hand, are large.
This paper examines the effects of transition from autocratic military rule to democratic rule on... more This paper examines the effects of transition from autocratic military rule to democratic rule on public health expenditure in Nigeria. The aim of the study is to empirically tests which of the two forms of government has been favourable to the citizens in terms of allocation of public health expenditure in the country. The paper used Nigeria as an example of other developing countries oscillation between relatively autocratic military regimes and relatively competitive democratic rule since independent in 1990 as the case study. The study employed bounds testing approach to establish a long run relationship between political systems and public health expenditure in the country. Our results show that democratic political power have a positive and significant relationship to health expenditure as a percentage of total expenditure between 1960 and 2007. Our results also indicate that per capita health expenditure is significantly higher under democratic rule in the country compared to...
International Journal of Energy Economics and Policy
Reduction in oil price in the international market, coupled high demand of foreign goods and wide... more Reduction in oil price in the international market, coupled high demand of foreign goods and wide swings of oil prices in the international market has posed different challenges for policies to promote growth and development. This study investigates the impact of oil shock on macroeconomic performance in Nigeria using Structural Vector Autoregression and normalized equation was used to establish the long-run equation. Evidence from the long-run relationship showed that employment has a negative relationship with aggregated output, exchange rate and oil prices. The interest rate and consumer price index has a positive relationship with employment. Variation in oil shock affects most of the macroeconomic variables. More explicitly, the oil price shock shows more variation across the time horizon for employment. The consequence of the result is that dependence on the oil sector has not promoted employment generation over time; there is a need to consider an alternative means to ensure sustainable growth and development.
Centrepoint Journal, Aug 27, 2013