Papers by bashir adelowo wahab
This study attempts to find the relationship that exists between labour commitment and firm's pro... more This study attempts to find the relationship that exists between labour commitment and firm's productivity. It also examines the impact of employees' sex, marital status and occupational status on commitment to work. One hundred workers were drawn as sample from Global Soap and Detergent Industries Limited, Ilorin, to aid the research. An instrument title "Labour commitment and productivity Questionnaire" (LCPQ) was used for collecting data which was analyzed with statistical tables, simple percentage and chisquare statistics. The findings showed a high positive relationship between labour commitment and productivity. Also, the study revealed a significant difference in the commitment to work of married and single employees, male and female employees as junior and senior company employees. Therefore, the management should shelve away the idea of leadership styles who believes that productivity and profit are the goals of an enterprise without considering the plight of the workers. Rather they should try as much as possible to make sure that workers are credited for a job well done. Apart from giving workers more pay, their promotion must also be regular. Lastly, the agreement ever reached with the union should be met.
Journal of Social Sciences
This study investigated the relationship between monetary policy and macroeconomic performance in... more This study investigated the relationship between monetary policy and macroeconomic performance in Nigeria during 1981-2018. The stochastic properties of the time series data were examined using both conventional and unit root tests with structural breaks to account for shift dummy in the series. Their results indicates that the series are combination of both I(0) and I(1) in the same specification which prompted the use of ARDL. The results revealed that in the short run, lag value of inflation rate, exchange rate appreciation and unexpected appreciation (i.e., shift_dummy) could reduce inflation rate while lower MPR and high volume of money in circulation could stimulate inflation rate. Also, lag value of unemployment rate, high MPR and exchange rate depreciation significantly stimulate unemployment rate while unexpected appreciation reduce it. Low MPR and exchange rate depreciation could stimulate GDP growth rate while unexpected appreciation in exchange rate retards GDP growth in Nigeria. In the long run, inflation rate is constrained by exchange rate appreciation while depreciation promotes growth but stimulate unemployment rate in Nigeria. Also, MS2 stimulates inflation and unemployment rate but produce negative effect on GDP growth in Nigeria. Based on the results, the policy implications were drawn for Nigeria. Monetary authority should use its policy instruments to minimize pressures on the exchange rate, inflation and foreign reserves. This could be done by design policy measures that promote the value of Naira and check exchange rate fluctuation. Also, monetary policy instruments must be as supportive so as to ensure price stability, reduce unemployment rate and consequently brings about economic growth.
Journal of Economics, Management and Trade
Since it is the need of developing countries to step up own industrialization process and growth ... more Since it is the need of developing countries to step up own industrialization process and growth and calls for more technology spill-over through foreign investments. This made it a necessity that efforts are made by these countries to attract foreign direct investment (FDI) because of its acknowledged advantages as a tool of economic development. Nigeria, in particular, joined the rest of the world in the quest for increased FDI inflows arising from the notion that FDI leads to economic benefits within the host country. This study analyzed the role of liberalization policy on the nexus between services sector FDI and economic growth in Nigeria under scenarios with and without a structural break for the period 1981-2018. Time-series properties were examined using both conventional and unit root tests with structural breaks to account for shift dummy in the series. Their results indicate that the series is stationary at I(1) and this prompt the use of vector error correction model (V...
Journal of Economics, Management and Trade
Since it is the need of developing countries to step up own industrialization process and growth ... more Since it is the need of developing countries to step up own industrialization process and growth and calls for more technology spill-over through foreign investments. This made it a necessity that efforts are made by these countries to attract foreign direct investment (FDI) because of its acknowledged advantages as a tool of economic development. Nigeria, in particular, joined the rest of the world in the quest for increased FDI inflows arising from the notion that FDI leads to economic benefits within the host country. This study analyzed the role of liberalization policy on the nexus between services sector FDI and economic growth in Nigeria under scenarios with and without a structural break for the period 1981-2018. Time-series properties were examined using both conventional and unit root tests with structural breaks to account for shift dummy in the series. Their results indicate that the series is stationary at I(1) and this prompt the use of vector error correction model (V...
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Papers by bashir adelowo wahab