Credit Contribution Club (ISUSU): A Veritable Indigenous Source of Capital Formation among the Igbo of Southeast Nigeria, 1900 TO 2015 (Published)
From the pre-colonial era to date (2015) the challenge of capital formation (finance) among Africans, especially those in the rural communities, cannot be overemphasized. Lack of capital adversely affected the growth of economic activities, which also negatively impacted on the standard of living of the people, leading to inequality, unemployment, and poverty, among others. In Nigeria, colonial and successive governments tried to address this issue without success. They established different types of financial institutions, which more or less served the interests of minority government officials, government employees, elite, and other such groups in the country. For the Igbo of Nigeria, credit contribution clubs were, and still are, veritable sources of capital formation, even before the emergence of colonial rule. In the face of economic challenges, especially in the area of capital formation, credit contribution clubs (Isusu) have been widely used to access funds over modern finance institutions (Banks, Stock exchange, and others). The focus of this work is to bring to the fore the indigenous institution, Isusu, which have been source for pooling capital (funds) for the benefit of the members. The popularity of this informal institution for capital formation amongst the people, even the successful elite, in our area of study will be emphasized. The paper concludes that contribution clubs (Isusu) is one of the non-agrarian pre-colonial institutions for capital formation that contributed immensely to the development of the economic activities of Igbo people. The scope of this paper is the Igbo of Southeast Nigeria. The approach adopted and in writing this work are the descriptive and analytical method. The period covered by the paper is between 1900 and 2015.
Institutional Emolument/Fringe Benefits and Job Effectiveness of Lecturers in Public Tertiary Institutions in Cross River State, Nigeria (Published)
The present study was aimed at examining the relationship between institutional emolument/fringe benefits and job effectiveness of lecturers in public tertiary institutions in Cross River State, Nigeria. The ex-post facto research design was adopted for the study. One hypothesis was formulated and tested using Pearson Product Moment Correlation Coefficient at 0.05 level of significance. The population of this study was 1744 lecturers from four public institutions in Cross River State (University of Calabar, Cross River University of Technology, Federal College of Education Obudu and Cross River State College of Education, Akamkpa). The sample was arrived at using the stratified random sampling technique. The sample size of the study stood at 610 lecturers, which represents 35% of the population. 1830 students from the four institutions were purposively selected to respond to items that measures lecturers’ job effectiveness. The questionnaire formed the major instruments used for data collection for the study. To ensure the reliability of the instruments, a split half method of reliability was adopted. The reliability produced the value of 0.75 and 0.83 respectively. The figures showed a high reliability of the instruments. Result of the study showed a significant relationship between emoluments/fringe benefits and job effectiveness of lecturers. The study recommended among other things that, lecturers deserve their wages/salaries, so managements should endeavor to pay lecturers wages equitable with their counterparts in the world, this would motive them to work.
Building Institutional Repository: Knowledge Management, Content, Understanding of Key Issues and the Librarians Role (Published)
Institutional Repositories (IRs) are increasingly becoming crucial library resources, and more use of digitized material is fundamental in building sustainable IRs. With a series of universities and research sites distributed throughout the continent, a lot of researchwhich requires preservation is obviously carried out in the institutions. However, a majority of the research generated from these institutions ends up in various libraries which are hardly accessed by learners. As such, many African scholars rely greatly on information from developed nations and reduce Africa to just a consumer of information, rather than a source, hence building an accessible IR allows the display of the works of scholars to the broader community and considerably assists in the advancement of an institution and its outreach. The successful establishment of an institutional repository needs careful arrangements and enthusiasm from the entire institutional community such as students, faculty members and academic staff. Critical decisions have to be made before making any designs and redesigns on IRs such as the funds, staff, technology, metadata, content, building operations and successful management and running of the IRs. This paper explores knowledge management in terms of software and the evolution of how knowledge is managed, the inclusion process of content through structured content organization and modular content publishing, issues of IRs in Nigerian Universities, and the roles of the librarian in building institutional repositories.
An Institutionalist Political Economy of Privatization in Nigeria: A Case Study of Delta Steel Company, Aladja, Delta State, Nigeria (Published)
Nigeria’s neo-liberal reform and privatization programme of State Owned Enterprises promoted toward industrialization failed because they were prematurely privatized under a dysfunctional state and controlled by extractive political institution whose agenda is to secure rent. Public firm is a product that must evolve through the Product life cycle stages and can only be privatized at maturity stage where the firm has outgrown threats from market externalities. The objective of this study is to establish the high failure pattern associated within the product life cycle timeframe template that cut across privatized firms in Nigeria, using DSC as a case study. The study adopted Focus Group Study as methodology and Institutionalist Political Economy (IPE) serves as theoretical framework to justify state- market relationship captured in developmental crisis. Successful privatization requires building strong political and bureaucratic (regulatory) institutions that are democratic, inclusive, observe corporate governance (rule of law), accountable and responsible
The Degree of Commitment of the Higher Education Institutions in Jordan to the Strategic Planning Standards (Published)
The main purpose of the present study is to identify the importance of strategic planning, the strategic planning standards and the obstacles against the commitment to strategic planning in the higher education institutions. Thereafter, to shed light on the degree of commitment of the higher education institutions in Jordan to the strategic planning standards. The study has produced a cluster of results and recommendations, the most significant of which is that the higher education institutions in Jordan are highly committed to the strategic planning standards. The researcher also recommends conducting more spaced out studies on all the educational institutions in Jordan to specify the best strategies used in those institutions to be generalized on the rest of the educational institutions.
BUILDING A WORKER CRAFT WOOD INDUSTRY THROUGH THE INSTITUTIONAL PARTNERSHIP PATTERN OF AGRIBUSINESS CLUSTER OF WOOD AFFAIRS (Published)
The development of industry plantation forestry (FTI) having done in Indonesia has shown the real result but also has some problem. It is not only management of plantation forestry that also gives the success. The group of society has been directed to produce the wood and the group of industry community in wood handicraft which initially when the activity is done individually it has not organization to build the wood factory for investment and to make the institution so he owner of capital is easy to have the partnership to build the wood factory with industry plantation forestry timer as raw materials. Involvement in the factory is expected directly or indirectly to help and need a technical counseling. The group of society and other wood craft can be supported to make cooperation in wood business.