Econometric Modelling of Macroeconomic Interdependencies and the Impact on Nigeria’s Economic Growth Amidst the Covid-19 Pandemic DOI Creative Commons

Oluwatobi Nurudeen Ogunnusi,

I.A. Ajibode

American Journal of Applied Statistics and Economics, Год журнала: 2023, Номер 2(1), С. 41 - 47

Опубликована: Сен. 22, 2023

This paper dwelt on the investigation of impact COVID-19 economic growth Nigeria with reference to crude oil price, export and naira/dollar exchange rate as macroeconomic indicators. The pre during periods were represented by dummy variables (0, 1). Six years monthly data ranging between 2016 2021 obtained from CBN NBS bulletin. ARDL model was calculated using e-view programme. findings revealed a long-term cointegration under consideration. There significant association established in short term lagged dependent variable, rate, variable at 1% level significance. However, price had no over study period. According these findings, government should diversify its focus investing more non-traditional sectors, particularly service agricultural sectors. Over-reliance exports be decreased, pandemic has highlighted importance being prepared for unexpected events having resilient economy. can reduce vulnerability external shocks boost researching developing other areas. epidemic acts wake-up call prioritise diversification resilience face future uncertainties.

Язык: Английский

An assessment of COVID-19 and its impact on Nigeria’s socio-economic development DOI Creative Commons
Salіsu Оgbо Usman, Оbі Success Esоmchі,

Ibrahim Muhammed Nasiru

и другие.

Cogent Social Sciences, Год журнала: 2024, Номер 10(1)

Опубликована: Фев. 7, 2024

While the coronavirus was a global health crisis, it also generated enormous socio-economic challenges such as trading, buying and selling, meltdown, sector breakdown, poor housing facilities, poverty, unemployment, low income, inequality, epileptic power supply, amongst others, in developing countries like Nigeria. This paper interrogates political economy of pandemic (COVID-19) on development Nigeria from 2019–2022. The relied qualitative methods using documentary research (analysis secondary data Nigeria’s Bureau Statistics, Central Bank Nigeria, NCDC report, World Bank/IMF post-COVID-19 ECOWAS, AU, WHO reports, reputable journals). Findings revealed, among that being revenue economy, suffered greatly COVID-19 because affected economy’s development, diaspora remittance, status nation due to fall oil prices, shutdown businesses, inflation goods services. On positive side, coronavirus-induced public crisis provided chance for many state governments implement long-term reforms. recommends, other things, government intensify tremendous efforts get support strengthening production manufacturing industries way implementing economic recovery strategy. Federal State (ministry health, budget planning, EFCC/ICPC, National Assembly) need paradigm shift traditionalism (corruption embesslement funds) modernity (technologically driven society, accountability, transparency, investment human capital diversification sector, advancement technology tertiary institutions).

Язык: Английский

Процитировано

3

Influence of Primary Colors on Memory Retention of Student Gamers DOI Creative Commons
Kennedy A Genon,

Merjoe I Saldua

American Journal of Multidisciplinary Research and Innovation, Год журнала: 2024, Номер 3(2), С. 35 - 40

Опубликована: Апрель 14, 2024

The intricate relationship between colors and memory has been a widespread interest in human psychology. present study sought to better understand the influence of primary on retention among student gamers Higher Education Institutions (HEIs). Applying quantitative research approach, specifically an experimental design, examined two independent variables control condition. Respondents were composed 30 gamers. Most them undergraduate students who exposed video game experiments chosen purposively. In analyzing collected data, one-way ANOVA Mauchly’s Test Sphericity utilized. Results revealed that do not significantly recall. This implies performance cannot be attributed facets colors. Limitations acknowledged regarding sample size instruments’ procedural use. Hence, further studies may conducted by minimizing confounding other external distractors same environment.

Язык: Английский

Процитировано

0

Econometric Modelling of Macroeconomic Interdependencies and the Impact on Nigeria’s Economic Growth Amidst the Covid-19 Pandemic DOI Creative Commons

Oluwatobi Nurudeen Ogunnusi,

I.A. Ajibode

American Journal of Applied Statistics and Economics, Год журнала: 2023, Номер 2(1), С. 41 - 47

Опубликована: Сен. 22, 2023

This paper dwelt on the investigation of impact COVID-19 economic growth Nigeria with reference to crude oil price, export and naira/dollar exchange rate as macroeconomic indicators. The pre during periods were represented by dummy variables (0, 1). Six years monthly data ranging between 2016 2021 obtained from CBN NBS bulletin. ARDL model was calculated using e-view programme. findings revealed a long-term cointegration under consideration. There significant association established in short term lagged dependent variable, rate, variable at 1% level significance. However, price had no over study period. According these findings, government should diversify its focus investing more non-traditional sectors, particularly service agricultural sectors. Over-reliance exports be decreased, pandemic has highlighted importance being prepared for unexpected events having resilient economy. can reduce vulnerability external shocks boost researching developing other areas. epidemic acts wake-up call prioritise diversification resilience face future uncertainties.

Язык: Английский

Процитировано

1