Tag Archives: Analysis

Analysis of Interest Rate Determination and Its Effect on Economic Growth in Nigeria (1990-2017) (Published)

The study examined the analysis of interest rate determination and its effect on economic growth in Nigeria; for the period 1990-2017. Secondary data were used and sourced from Central Bank of Nigeria Statistical Bulletin. The study employed Gross Domestic Product as proxy for Economic Growth and used as the dependent variable; whereas, prime lending rate (interest rate), inflation and private domestic investment were used as explanatory variables to measure interest rate. Hypotheses were formulated and tested using Ordinary Least Square econometrics models.  Private domestic investment had a significant effect on Gross Domestic Product in Nigeria. Inflation had an insignificant effect on Gross Domestic Product in Nigeria. Interest rate had an inverse significant effect on Gross Domestic Product in Nigeria. The coefficient of determination indicates that about 65% of the variations in economic growth can be explained by changes in commercial bank lending variables in Nigeria. The study concluded that interest rate had an insignificant effect on economic growth in Nigeria. The study recommended that Government and policy makers should focus on maintaining inflation at a low rate (single digit) and ensure that the rate is stable; this will take care of the problem of inflation on the economy. CBN should increase their surveillance on the commercial banks; in order to address the issue of arbitrarily increase of the lending rate. Government should provide healthy environment for the banks in the industry so as to render efficient financial services to the economy.

Keywords: Analysis, Determination, Economic, Growth, Interest Rate, Nigeria

Quantitative Analysis of Factors Affecting Manufacturing Workers Performance in Industry: Case Study of Plastic Companies in Eastern Nigeria, Using SPSS (Published)

This work investigates the quantitative analysis of some factors that affect the performance of manufacturing workers in industries in southern Eastern Nigeria. Experiments were designed, and conducted through the use of work measurements technique and Tests Studies. These selected specific factors (maintenance, equipment, Power/Energy, technology, safety and Training.) used for the study, were investigated using eighty-two manufacturing workers from thirteen manufacturing companies. Data were collected for analyses. The software used was SPSS. Software tools used for various analyses in the study are: statistics, correlation, multi linear regression, response surface regression and multi- co linearity diagnoses, while t – value, F- ratio, p – values and variance of inflation factors (VIF) were used to test the hypotheses.  The various statistical analyses performed were presented, studied and interpreted. The correlation coefficients are positive and in descending order of maintenance, equipment, Power/Energy, technology, safety and Training. The coefficient of determination, R2 and the variance ratio (VR); and F- value and t –coefficient values were also determined for strong inference. Curves were generated to observe the behavioral patterns of the relationship between manufacturing workers’ factors influence on performance. Results showed that the identified factors affected the performance of manufacturing workers in the manufacturing industries, in such a manner that the Companies productivity is affected positively by some factors and negatively by some others. Therefore, in the general consideration, the factorial indices that predicted the manufacturing workers performance of the selected factors: motivation, power, safety, maintenance, training, equipment and technology are found to be 0.877, 0.48, 0.614, -1.36, 0.789, 1.421 and – 0.495 respectively. These factorial indices are valid in controlling problems arising from manufacturing industries.

Keywords: Analysis, Company., Factors, Manufacturing Workers, Performance Industry, quantitative

Proximate Composition and Mineral Contents of Different Brands of Canned Fishes Marketed In Edo State Nigeria (Published)

Proximate composition and mineral content (Na, Ca, P and Mg) of fish is of great importance to fisheries managers, consumer and the nutritionist. In this study, seventeen different types of canned fish products were collected from super-stores and open market, proximate composition and the mineral elements (sodium, phosphorus, calcium and magnesium) of the different brands purchased were determined between January and September, 2015. The entire sample used were bought at the same time and kept at ambient room temperature, and every analysis was done in triplicate.  The results obtained showed that a gradual reduction in the food value (proximate composition) and the percentage mineral content of the different brands with a progressive reduction in the different months. Analysis of variance (ANOVA) and Duncan multiple range test (DMRT) at 5% level of significance, revealed that there were significant differences in the proximate and mineral components of the different brands and among the months, although some of these parameters were not significantly different for some brands. Results obtained from correlation analysis during the study revealed that there was a negative correlation relationship between fat/oil, fibre, nitrogen free extract (NFE) with moisture content, while there was also a positive significant relationship between protein/ash content, protein/moisture; also, a positive correlation existed between sodium, calcium, phosphorus and magnesium. The result obtained from this study indicates that these canned fishes analyzed were of high nutritional value and mineral content, but there is need to keep them at optimum temperature and not for too long in storage to enable consumer to derive the appropriate benefit from their consumption.

Keywords: Analysis, Benin City, Brands, Canning, Mineral, Proximate

Phenomenological Research, a Reflex Account (Published)

The aim of this article is to understand qualitative research particularly phenomenology in context. Phenomenology is a qualitative approach widely used in education and health. In this article we have compared phenomenology with other qualitative approaches. Furthermore, the authors of this paper have explained major types of phenomenological research. Finally, this article discusses the data analysis framework.

Keywords: Analysis, phenomenology, qualitative, types

An Analysis of the Conceptual Issues Affecting Land Ownership/Inheritance Among The People of Ogbe Autonomous Community in Ahiazu Mbaise of Imo State. (Published)

The concept of land ownership and inheritance especially among the people of south eastern Nigeria (igboland), right before the colonial period, has always been that of absolute ownership which bestows the holder with the power of alienation. Alienation connotes the totality of the right of disposal over a thing which is not only the most conclusive but also, the most valuable incidence of ownership. This is what gave land inheritance its value. However, over time, there has been a drift in the popular perception of land tenure, ownership/inheritance by the people as a result of the changing economic importance of land. Against this background, this study analyses the conceptual issues affecting land ownership and inheritance among the people of Ogbe community in Ahiazu Mbaise Local Government Area of Imo State, South-Eastern Nigeria, as it were during the historical / traditional era down to the contemporary times. The study used the anthropological methods, namely key interview, observations, and archival records in collecting its data. Analysis from the study reveals that most aspects of the land laws of the people including land pledging, communal ownership, land sales, inheritance procedure and gift land among others were gradually changing while some have become extinct due to the emerging social, economic and political restructuring of the nation in general and Ogbe in particular.

Keywords: Analysis, Concepts, Inheritance, Land Tenure, Ogbe community, Ownership

INTEGRATED SOLAR GREEN HOUSE FOR WATER DESALINATION AND PLANTATION IN REMOTE ARID EGYPTIAN COMMUNITIES: MODELING AND ANALYSIS (Published)

Solar desalination is considered as one of the promising renewable energy-powered technology for producing fresh water. The Seawater greenhouse (SWGH) system uses the solar desalination principle and works by saturating the air with moisture vaporizing from saline water inside a greenhouse and later dehumidifying, thus, causing freshwater condensation. The SWGH is a unique concept which combines natural processes, simple construction techniques to provide a low-cost solution to one of the world’s greatest needs-fresh water. It is a method of cultivation that provides desalination, cooling and humidification in an integrated system. Self-sufficiency in water production combined with low internal irrigation requirements mean that the SWGH offers significant water saving by reducing agricultural demand on main and groundwater. Its purpose is to provide a sustainable means of agriculture in arid coastal areas where the scarcity of freshwater and expense of desalination threaten the viability of agriculture.

Keywords: Analysis, Modeling, Solar Energy, arid communities, desalination, plantation

AN ANALYSIS OF THE CONCEPTUAL ISSUES AFFECTING LAND OWNERSHIP/INHERITANCE AMONG THE PEOPLE OF OGBE AUTONOMOUS COMMUNITY IN AHIAZU MBAISE OF IMO STATE. (Published)

The concept of land ownership and inheritance especially among the people of south eastern Nigeria (igboland), right before the colonial period, has always been that of absolute ownership which bestows the holder with the power of alienation. Alienation connotes the totality of the right of disposal over a thing which is not only the most conclusive but also, the most valuable incidence of ownership. This is what gave land inheritance its value. However, over time, there has been a drift in the popular perception of land tenure, ownership/inheritance by the people as a result of the changing economic importance of land. Against this background, this study analyses the conceptual issues affecting land ownership and inheritance among the people of Ogbe community in Ahiazu Mbaise Local Government Area of Imo State, South-Eastern Nigeria, as it were during the historical / traditional era down to the contemporary times. The study used the anthropological methods, namely key interview, observations, and archival records in collecting its data. Analysis from the study reveals that most aspects of the land laws of the people including land pledging, communal ownership, land sales, inheritance procedure and gift land among others were gradually changing while some have become extinct due to the emerging social, economic and political restructuring of the nation in general and Ogbe in particular.

Keywords: Analysis, Concepts, Inheritance, Land Tenure, Ogbe community, Ownership

Analysis of Curved Plate Elements Using Open Source Software (Review Completed - Accepted)

Analysis of curved plate elements requires a high computational effort to obtain a reliable solution for a buckling load for design purposes. Available programs are expensive to acquire and they need thorough knowledge for effective use. There is therefore need to code cheaper and accessible programs in line with using sustainable methods to better the livelihood of mankind. To address this issue a theory is formulated based on the Euler-Bernoulli beam model. This model is applicable to thin elements which include plate and membrane elements.

This paper illustrates a finite element theory to calculate the master stiffness of a curved plate. The master stiffness takes into account the stiffness, the geometry and the loading of the element. The determinant of this matrix is established from which the buckling load which is unknown in the matrix is evaluated by the principal of bifurcation.

The curved element is divided into 2,3,6,9 and 12 elements; this demonstrates the computational effort to a reliable solution. As expected, that as you divide the curve into smaller constituent elements, the solution of the buckling load is tedious as more mathematical operations are involved hence the need to program the operations.

Numerical analysis is carried out by abstracting the procedural development of the theory and programming it to run in a visual basic platform. The results obtained are giving a good agreement with results obtained with classical plate equations. This program is proposed to increase computational efficiency in the analysis of curved plates at a sustainable cost. It can also be used to establish the relationship between buckling load and curvature of plates

Keywords: Analysis, Curved Plates, Finite Element Method, Program

A Critical Analysis of Financial Performance of Agricultural Development Bank (Adb, Ghana) (Published)

Until recently, many of the banks in developing countries were state owned or locally established with varied mandates to focus on different sectors of the economy. Some of these state banks are bedevilled with peculiar set of challenges making some of them inefficient and unprofitable and in some instances insolvent. Financial performance analysis is aimed at keeping the banks in checks by highlighting low and high performance areas with the understanding that it will bring about improvement in performance. The PELARI (Profitability, Efficiency, Liquidity, Asset Quality, Risk Measures and Investor analyses) model was developed for analysis by the researchers which is similar to the CAMELS’ rating. Financial ratio analysis is employed in the analysis. Troubled signals models such as the Altman z-score for non-manufacturing companies and risk index were also used to measure risk. The Altman z-score generated for 2011 and 2012 showed a figure of less than 1.1 which put the bank in the distress zone category. It was evident from the analysis that ADB’s focus on agricultural financing is diminishing since a sector analysis of loans and advances indicates that the agriculture sector lost its first position to the services sector which recorded 38% compared with agriculture 29% in 2012. The bank’s liquidity showed a downward trend and slipped further down in 2010 confirming the Ghana Banking Survey (2011) assessment that the bank is illiquid.

 

 

Keywords: Analysis, Bank, Development, Financial Performance, Liquidity

Analysis of Impact of National Fadama II Facility in Alleviating Poverty on Food Crop Farmers in Adamawa State, Nigeria (Published)

This study analyzed the impact of Fadama II project in alleviating poverty on food crop farmers in Adamawa state. Data were collected on a sample of 160 farmers and were analyzed using descriptive statistics and Foster, Greer and Thorbecke (FGT) Index. The findings from the study showed that about 24 percent of the respondents lived below the poverty line of $1.25 while about 76 percent are those above the agreed standard accepted in the study. This study shows very few of the respondents were poor hence, the project has made an impact on the poverty level of the crop farmers in the study area. This may be due to the fact that the fadama farmers engaged in different production activities resulting to increase in income thereby reducing poverty amongst them. It is however recommended that, Government should take renewed interest in dry season production by strengthening support and public-private partnership so as to boost production and win niche markets with a challenge of making better markets for farmers

Keywords: Analysis, Facility, Fadama II, Food Crop, Impact, Poverty Alleviation