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This paper investigated this disparity in the literature using Nigeria data from 1980 to 2016. In doing this, energy consumption was disaggregated, and their impacts on economic growth investigated using a modified Ordinary Least Square technique which allows for time gaps in the model. It was observed that only renewable energy impacted on economic growth in the long-run whereas non-renewable energy component impacted on economic growth in the short-run. Therefore, the study sees the impact of energy consumption on economic growth to be indistinct in Nigeria within the period under review. This further buttresses the need for improvement in electricity production and distribution in Nigeria. Given the importance of energy consumption on productivity, the study, therefore, suggests policies/measures that will bring about increasing the supply or improvement of energy production in the country.

This research analyzed the insurance industry and economic growth in Nigeria between 1980 and 2015. Secondary data ranging from real gross domestic product, the premium of the insurance business, claim expenditure of insurance industry and inflation rate were utilized and sourced from Central Bank of Nigeria (CBN). The Ordinary Least Squares (OLS) multiple regression techniques, Descriptive statistics, Augmented Dickey-Fuller (ADF) test of stationarity and ARDL Bound Test Co-Integration were adopted for the model in the Study. The findings revealed that the premium of the insurance industry (PMI) impacts negatively on economic growth both in the extended and short run period. The claim expenditure of the insurance industry (CEX) revealed a progressive relationship with economic growth in the long run and a negative relation with growth in the short run. We therefore conclude following the Keynesian theory of aggregate demand which states that, ‘’if we will have to wait till the long run, we will all be dead’’, that insurance industry in Nigeria has not impacted positively on economic growth of Nigeria within the period under review and its operations and investment have not been prominent and contributory to the growth and development of Nigeria. Based on these outcomes, we recommend amongst others, that more investment ought to be made towards the insurance industry in Nigeria especially in terms of proper policy formulation by the government that would channel funds and encourage competition among the players in the industry and invariably contribute to the growth of the economy.

This paper examined the effect of power supply and the performances of Small and Medium Scale Enterprises (SMEs). In doing this, the paper used durations of public power supply, bills paid for public power and cost paid for private power supply as measures of power supply on the performances index of the SMEs in Port Harcourt. The performance indexes are employed in the models as the dependent variables while the power supply indexes are the explanatory variables. The data were sourced primarily through a well-structured questionnaire and the samples determined by the Cochran sampling techniques. The data were analyzed with the Qualitative Respond Model. It was revealed that a lower duration of public power supply significantly reduces the profitability, productivity and revenue, as well as the storage of products of the SMSEs, examined. Hence, the study recommended among others that there is a need to allocate more electric power to the industrial area of Rivers state- Port Harcourt, especially in the day light to encourage productivity, profitability and employment generation in the state.

Agriculture is the bedrock for combating poverty and developing rural areas. This motivated government policies on agriculture. This paper evaluated the performance of Fadama III in addressing food productivity and rural development in Rivers State. A critical review of secondary materials from Rivers State National Fadama III Development Programme Coordinating Office Report on implementation of National Fadama III projects in Rivers State formed the methodology for the study. It revealed the concept, approaches and implementation process of economic interest groups and government financial commitments to various farming activities in the local government areas. There were remarkable improvements in rural development in the participated local government areas. The assessment further revealed committed efforts by officers and management of the program which ensured effective implementation of rural infrastructure in participated communities. It is recommended that expenditure control measures adopted by the management of fadama program in Rivers State should be applied in future agricultural projects to ensure quality deliverables. The government should pursue only rural development-oriented agricultural policies, and finance projects that have certified Local Development Plans. Seemingly bottleneck criterion that would delay the release of funds should be relaxed for agricultural program managers to be proactive to beneficiaries’ requests and function effectively. Finally, the fadama program should be extended to increase communities’ dual opportunities of experiencing both agricultural and rural development.

The practice of mock bank is an institutional arrangement to expose potential bankers to basic rudiments of banking operations with the ultimate aim of increasing the profitability of the organization through employee performance. This study assessed the impact of mock bank practices on employee performance in the banking sector as a panacea for repositioning the Nigerian economy with a specific focus on Union Bank Plc. The objective is to examine the contributions of operational experience to staff, ascertain the impact of professional ethics on commercial banks in Nigeria and identify the contributions of knowledge of organizational structure on the operations of commercial banks. T-statistics was used to test the three hypotheses. Results showed that there is a significant relationship between experienced, knowledge of job ethics, and organizational structure by employees before recruitment and performance at the workplace when compared to those recruited before training. Further results revealed that employees that had mock bank experiences perform better with less supervision. It was recommended that reinforcement of mock bank practices in tertiary institutions in Nigeria and allotment of higher credit units to mock bank practice should be encouraged.

The study examined the dynamic responses of profitability indexes to capital adequacy ratios of authorized internationalized deposit money banks in Nigeria. The data were sourced from the financial year books of the deposit money banks and analyzed with static and dynamic panel estimators. The static estimator shows that the banks have differences in managerial style, size and profitability. Also, it was revealed that return on asset and return on equity responded positively to asset size, efficiency of the use of asset and current ratio in the static models and they were highly significant. However, they were insignificant in the dynamic specifications except asset size that was significant in the return on asset model showing a weak dynamic response of profitability to capital adequacy ratios. Hence the study recommended that Banks should improve their share based as to increase the asset as this will improve profitability.

This paper investigated the impact of tax revenue on private domestic investment in Nigeria from 1980 to 2018 using the modified ordinary least squares- Autoregressive distributed lag (ARDL). The paper used oil revenue, non-oil revenue, and Corporate Income Tax (CIT) as the independent variables while Private Domestic Investment (PDI) is the dependent variable. Oil revenue and non-oil revenue were used as a proxy for oil and non-oil tax. These data were obtained from secondary sources- central Bank of Nigeria, World Bank database and Federal Inland Revenue service statistical bulletin. The result showed that a long-run relationship exists between the aforementioned variables. Also, the paper revealed that oil and non-oil do not have a significant impact on PDI but CIT has a positive and significant impact on PDI. The paper recommends that proper measures/reforms should be put in place in order to reduce the impact of tax on private domestic investment in Nigeria.

This paper investigated this disparity in the literature using Nigeria data from 1980 to 2016. In doing this, energy consumption was disaggregated, and their impacts on economic growth investigated using a modified Ordinary Least Square technique which allows for time gaps in the model. It was observed that only renewable energy impacted on economic growth in the long-run whereas non-renewable energy component impacted on economic growth in the short-run. Therefore, the study sees the impact of energy consumption on economic growth to be indistinct in Nigeria within the period under review. This further buttresses the need for improvement in electricity production and distribution in Nigeria. Given the importance of energy consumption on productivity, the study, therefore, suggests policies/measures that will bring about increasing the supply or improvement of energy production in the country.

This paper x-rayed the concept, measurement and, patterns of economic development. In doing this, the paper reviewed a vast literature on concepts, measurement of economic development and, economic development patterns and their effects on growth indicators as well as on the quality of life components. This literature was sourced from known academic databases. From the overview of the concept, measurement of economic development and, economic development patterns and their relationship between growth indicators as well as the quality of life components the following were found; as new challenges emerge, the horizon of the concept of economic development expands to accommodate the prevailing challenges. Economic development has no conventional measure/indicator that completely captures it process and, there are various economic development patterns use in tackling the problem of economic growth and quality of life, some of which are; knowledge-based, trade-based, saving-based and ethnic-religious-based pattern. Future studies may use these concepts/measurements of economic development and patterns of economic development and, validate their significance using statistical methods.

Agriculture is the bedrock for combating poverty and developing rural areas. This motivated government policies on agriculture. This paper evaluated the performance of Fadama III in addressing food productivity and rural development in Rivers State. A critical review of secondary materials from Rivers State National Fadama III Development Programme Coordinating Office Report on implementation of National Fadama III projects in Rivers State formed the methodology for the study. It revealed the concept, approaches and implementation process of economic interest groups and government financial commitments to various farming activities in the local government areas. There were remarkable improvements in rural development in the participated local government areas. The assessment further revealed committed efforts by officers and management of the program which ensured effective implementation of rural infrastructure in participated communities. It is recommended that expenditure control measures adopted by the management of fadama program in Rivers State should be applied in future agricultural projects to ensure quality deliverables. The government should pursue only rural development-oriented agricultural policies, and finance projects that have certified Local Development Plans. Seemingly bottleneck criterion that would delay the release of funds should be relaxed for agricultural program managers to be proactive to beneficiaries’ requests and function effectively. Finally, the fadama program should be extended to increase communities’ dual opportunities of experiencing both agricultural and rural development.