The paper appraised the emanating effect of COVID-19 on sustainable development goals (SDGs) in Nigeria through systematic illustration prevailing incidents. It was affirmed that preoccupation with cases caused many other critical socioeconomic issues (like education, infrastructure development, and employment) to suffer a state negligence or be overlooked. Like developing countries, could become poorer, given increased unemployment rate anticipated difficulty servicing debt resulting from...

Climate change is profoundly affecting the activities in agricultural sector almost all regions of world. To adapt to prevailing climatic conditions has translated into a cascade risks for agro-ecosystems and production, ultimately impacting food security nutrition. Hence, study examines effect climate on production 32 sub-Saharan African (SSA) countries between 2005 2019 using Fixed Effects (FE) Two-Step System-Generalized Method Moments (GMM) estimation. Findings help better understand...

The paper assesses the interconnections between FDI and human capital development in Nigeria over period 1981–2018. analysis is carried out with use of both non-linear autoregressive distributed lag (NARDL) linear ARDL bounds test approach to cointegration, VECM Granger causality technique. Findings reveal that effect on found be insignificant long run, while it significant short run. However, following asymmetric link, empirical evidence reveals a rise inflows certain rate, long-run, could...

This study provides an adequate account of the effect infrastructure on poverty reduction in Nigeria over period 1996–2019. The basis evidence is anchored adoption Autoregressive Distributed Lag bounds testing approach to cointegration and Granger causality test based vector error correction mechanism. Using economic spending (capital expenditure services) social (like health education) as investment indicators, findings indicate that development found be significant reduction. In addition,...

ABSTRACT This study examines the relationship between agricultural credit and productivity in Nigeria over period 1991 to 2023. With use of Auto Regressive Distributed Lag (ARDL) Pairwise Granger Causality Test, empirical results reveal that has a positive significant impact on productivity. Based two indicators employed (agricultural guarantee scheme fund (ACGSF) banks' loans agriculture (BLOAN)), both long‐run short‐run coefficients AGSF are 0.21% 1.16%, respectively. Results also show...

ABSTRACT Under a variety of climate scenarios, securing climate‐resilient infrastructure for sub‐Saharan Africa (SSA) will require comprehensive understanding the extent vulnerability to change. This study explores climate–infrastructure linkage in SSA over period 1995–2022, using Panel‐Spatial Correlation Consistent augmented with Least Square Dummy Variables (PSCC‐LSDV) and Two‐Step System Generalized Method Moments (GMM). Results indicate that carbon emissions positively significantly...

Purpose The paper assesses the role of natural resource rents in Nigeria's economy through channel institutional quality. Design/methodology/approach analysis is done with use autoregressive-distributed lag (ARDL) bounds testing approach to cointegration, vector error correction model (VECM), Granger causality test and cointegrating regression over period 1996–2019. Findings support notion that overreliance on resources could exacerbate growing number dysfunctional economic outcomes country....

Nigeria is a glaring example of country where weak public institutions are pervasive in spite its huge natural resource wealth. The presence abundance has exacerbated the overwhelming development challenge economy. While upshot most empirical findings impact covers how growth path determined through channel institutions, question as to why rents often fail stimulate improved governance more critical than ever. Hence, study examines effect on quality for period 1984–2017, using ARDL bounds...

Given that challenges on the issue of socioeconomic development faced by countries in sub-Saharan Africa (SSA) have been identified as critical to strengthening inherent link between governance and conditions, this study examines interconnections conditions SSA. With a focus 25 SSA 2005 2019, we conduct analysis based Panel-Corrected Standard Error System Generalized Method Moments estimations panel causality tests. The results show does not seem means effective spur improved conditions....

The study finds empirical evidence regarding the role of corruption in development human capital Nigeria for 1996–2019 period. Using ARDL technique to examine long-run and short-run relationship between development, VECM assess causal effects, analysis involves inclusion two indicators (corruption index control corruption) as well measures (human life expectancy at birth). Findings obtained are consistent with efficiency-reducing theory is harmful), indicates that has a significant impact on...

In view of the indispensable role financial sector in both emerging and developing economies, there has been a notable spotlight on development over years most African countries. Nonetheless, are only few studies this topical issue, particularly for Nigeria. Hence, study examines long – run short dynamic relationship between institutional quality Nigeria period 1984 2015 using Auto-Regressive Distributed Lag (ARDL) bounds test approach to cointegration. Using two different indicators...

The study examines the possibility of having a very low rate unemployment in Nigeria, if there is reduced corruption long‐term. While using cointegration regressions and Vector Error Correction Mechanism (VECM) over period 1996–2020, it affirmed that could increase long run. two indicators employed (control index) are found to have substantial effect on rate. Further evidence confirms cyclically interdependent. Findings indeed stress high level harmful employment growth. On other hand,...

The growing popularity of the rentier state theory has made focus on impact oil rents political stability central for revealing how natural resource (including oil) windfalls link to weakness institutional quality in any resource-rich economy. Considering core characteristic a (such as Nigeria)—a distributive economy—the article examines Nigerian system can be affected by over period 1996–2021. Through adoption autoregressive distributed lag (ARDL) bounds test cointegration and vector error...

The study examines the long run relationship between public health expenditure and under-five mortality rate in 15 West African countries over period of 1991-2015 with use panel fully modified least square (FMOLS). empirical analysis is made up both aggregate disaggregated model. Based on findings, per capita confirmed. Further evidence indicates that has a significant impact mortality. Thus, it revealed an increase among would lead to drastic reduction infant region. Furthermore, asserted...

Purpose This study investigates the extent to which, and in what ways capacities, incidence of adverse economic conditions burdening masses, on macro-level, increases propensity for generation political instability/violence. Design/methodology/approach Drawing data from a cross-section 25 Sub-Saharan African (SSA) countries period 2005–2019, fixed effects (FE) generalized method moments (GMM) estimations are used determine nature significance independent variable (economic condition),...

This article examines the nexus between quality of institutions and poverty in Nigeria over period 1984–2017, using dynamic least squares, canonical cointegrating regression vector error correction mechanisms. The analysis based on three institutional measures (bureaucratic quality, democratic accountability rule law) reveals how rate could be escalated by entrenched poor governance. evidence shows that law are significant for reduction. reinforces assertion transparency coupled with strict...

It is increasingly recognized that good understanding on the corruption-related causes and remedies of modern fiscal crisis would bolster informed decisions key governance standards. Many weaknesses have been exacerbated by ingrained indiscipline lack effective bureaucratic provisions. These concerns necessitate ongoing research efforts aimed at galvanizing best compilation perspectives role public institutions in debt accumulation process. Hence, this study examines long run short effect...

Abstract Research Purpose: One of the most recent global aims is to increase life expectancy since healthy people are seen as human capital that may boost economy. The study investigates role governance in globalisation-life nexus using 39 African countries between 1996 and 2019. Design/Methodology/Approach: uses a Panel-Spatial Correlation Consistent augmented with Least Square Dummy Variables (PSCC-LSDV) approach. dynamic two-step system, Generalised Method Moments (GMM), robust model...

The article analyzes the short-run and long-run dynamic relationship between quality of institutions fiscal performance in 12 West African countries over period 1984 to 2016 using Pooled Mean Group estimator. results show that, long run as well short run, improved governance appears lead decreasing deficits. In comparison with other measures, democratic accountability dimension seems have most significant effect on performance. However, empirical evidence further reveals institutional...

In sub – Saharan Africa, weak institutions and the rising concern for improved business environment offer considerable leverage enhancing effectiveness of institutional framework, capital inflows, public investment efficiency. These have put SSA in global spotlight recent times. Hence, study examines mediating effect governance on FDI growth nexus 35 countries between 2002 2017 using panel data techniques (Pooled OLS, Fixed Effects, Panel-Corrected Standard Error’ (PCSE) estimation) Dynamic...

Purpose This study explores the asymmetric linkage between public investment and private sector performance in Nigeria. is due to presence of nonlinear structures behavior domestic series with evidences structural time breaks, which fall within periods global financial crises oil shocks. Design/methodology/approach Main data on gross capital formation, fixed credit sector, by banks are used for span through 1986 2017. Evidence asymmetry spurs adopt autoregressive distributed lag, generalized...