This paper investigates the effect of Integrated Personnel and Payroll Information System (IPPIS) on transparency in Government Payroll Administration in Nigerian civil service. A descriptive cross-sectional survey research design was used in form of questionnaire administered to illicit information from the respondents, which provides generalized opinions/statistics from the number of individual cases. The population of the study covers 100 Treasury Staff of the Office of Accountant General of The Federation Working at Federal Pay Office, Sokoto and Federal Pay Office Birnin Kebbi. Census was adopted, and as such sampling represents the population. Data was collected and analyzed using descriptive and inferential statistics with the aid of Statistical Package for the Social Sciences (SPSS) Version 21. The findings from test of hypothesis of this paper revealed a significant moderate positive relationship between IPPIS, Transparency and Accountability. Hence, the null hypothesis which states that there is no significant relationship between IPPIS and transparency in government payroll administration in Federal Civil Service in Nigeria is rejected and the alternate hypothesis is accepted. The paper recommends that Government should strengthened the internal control mechanism of IPPIS so as to continuously detect and block any loopholes that will give room for fraud as well as carrying out routine Audit and Inspection of the program so as to ensure strict compliance with laid down rules and regulations governing the operation of IPPIS, coupled with compliance with the provisions of Financial Regulations and the Civil Service Rules.
This paper evaluates the effect of environmental protection cost on return on equity of petroleum marketing companies in Nigeria. A panel data spanning a period of fifteen years from 2004-2018 was used, which was sourced from Nigerian Stock Exchange Factbook and annual account and report of twelve (12) petroleum marketing companies in Nigeria. Regression was used in testing the hypothesis of the paper. The paper found that environmental protection cost has positive and significant effect on return on asset of petroleum marketing companies in Nigeria. Therefore, the paper recommends that management of petroleum marketing companies in Nigeria should increase their participation on Environmental protection and Environmental remediation and pollution control to their host communities in order to maximized profitability most especially the return on asset of the sampled petroleum marketing companies in Nigeria.
In recent years, the performance of pension contribution funds administrators in Nigeria has been rated as unsatisfactory, negatively impacting the ambitions of retirees. The broad view is that changes in a few macroeconomic variables, such as the foreign exchange rate, annual inflation rate, savings deposit rate, and GDP (income), must have played a role in this issue. As a result, the purpose of this study is to look at the impact of these variables on the pension contribution funds. The research was conducted in Nigeria, and annual data sets on pension contributions and other macroeconomic factors were acquired for the years 2004 through 2020. The long and short run dynamics of some macroeconomic variables and pension contribution were analyzed using the Auto-regressive Distributed Lag method. The analysis demonstrates a positive and significant association between exchange rate and pension contributions in both the long and short run. Similarly, inflation rate demonstrates a negative and statistically significant link with pension contributions in both the long and short run. The results also show that the Error Correction Model (ECM) coefficient has the correct sign: negative, less than one, and statistically significant which means that, the system will correct itself at a rate of 38 percent from the short to the long run. The study concludes that there should be concerted efforts by the government to curve the excessive inflation rate down, deposit rate should be monitored and always relate it to pensioners fund in order to maintain its financial sustainability.
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