Crude Oil Price Dwindling and the Nigerian Economy: A Resource-Dependence Approach

Ighosewe, Enaibre Felix; Akan, David Chucks; Candidacy), None Agbogun, Oghenekparobo Ernest (MSc

doi:10.4236/me.2021.127061

Cited by 8 publications

(4 citation statements)

References 26 publications

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“…(t*>tt) the opposite is true if the t*<tt. T-value benchmarked at 1.96 is preferred (Ighosewe, Akan &Agbogun, 2022;Olokoyo, Worlu, Babatope, & Agbogun, 2022) The R 2 measures the goodness of fits of our models. It will also help us to show the percentage of total variation of the dependent variables.…”

Section: Methods Of Data Analysismentioning

confidence: 99%

Strategic Planning and Performance of Health Establishments in Delta State: Moderating Role of Organisational Culture

U.Young,

2023

Int. j. manag. entrep. res

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The aim of the research was to examine the moderating role of organizational culture on the relationship between strategic planning (STRP) and the performance of health establishments in Delta State. In other to achieve the objective of the study, four research questions alongside four research hypotheses were raised to guide the study. The study adopted a survey descriptive survey design. Sample size of the study was three hundred (300) health workers who were randomly selected in various health establishments across three senatorial district of Delta State. The instrument used to collect primary data was self-structured questionnaire which made used of twenty (27) items. Data gathered from the field was analysed using the statistical tool of simple percentage for demographic variables, mean criterion and standard deviation for analysing research questions. The mean criterion was 3.0. The Ordinary Least Square (OLS) regression method was used for testing the hypotheses at 0.05 levels of significance in order to determine its significance or rejection. The findings of the study revealed that employee engagement influences organisational performance in the health establishment of Delta State, strategic formulation as a factor of STRP plays a significant role in influencing organizational performance in the health establishment of Delta State, and there is a relationship between firm environmental scanning and organisational performance in the health establishment of Delta State. Also the finding shows that STRP influences organisational performance as it relates to organisational culture. The findings also revealed that change in strategic section has a positive significant impact on organisational performance in the health establishment of Delta State, as it relates to organisational culture. It was concluded that STRP is a factor that can determine the level of organisational performance taking cognizance of the organisational culture that is well imbibe by the employees, which they are expected to give their best as the management strategise on ways to improve their employee and organisational performance. the study recommends among other things that management should constantly emphasized the company policies and goals to employees using effective communication tools, through their organisational culture. Keywords: Health Establishment, Moderating Role, Organisational Culture, Organisational Performance, STRP.

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Section: Methods Of Data Analysismentioning

confidence: 99%

Strategic Planning and Performance of Health Establishments in Delta State: Moderating Role of Organisational Culture

U.Young,

2023

Int. j. manag. entrep. res

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“…However, the general impact of crude oil price fluctuations on enterprises and economic growth is mainly determined by how the government manages its S.-I. S. S. Sami, M. Taiwo previous and current revenue (Ighosewe, Akan, & Agbogun, 2021). The Nigerian economy has been heavily reliant on the production and export of crude oil as its main source of foreign exchange earnings and government revenue.…”

Section: Literature Reviewmentioning

confidence: 99%

Effect of Crude Oil Prices and Production on the Performance of Nigerian Gross Domestic Product: A Conceptual Framework

Sami,

Taiwo

2023

JHRSS

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The Nigerian economy heavily relies on crude oil exports as a major source of revenue, and fluctuations in crude oil prices. This study aims to examine the relationship between crude oil prices and production on the performance of Nigerian Gross Domestic Product. The conceptual review was used as the methodology for this study which involves a thorough review of relevant literature on the impact of crude oil prices and production on the Nigerian economy. This conceptual review examines the effect of crude oil prices and production on the performance of Nigerian Gross Domestic Product (GDP) from economic, social, and environmental perspectives. The impact on foreign exchange earnings, trade balances, and fiscal balances are some of the economic dimensions that can be observed. In terms of social dimensions, the oil industry provides direct and indirect employment opportunities for millions of people in Nigeria. Therefore, fluctuations in crude oil prices and production can affect employment opportunities and living standards. The environmental dimension is also reviewed, and the negative impacts of crude oil exploration, production, and transportation activities on the environment are considered. This framework suggests that understanding the effect of crude oil prices and production on the performance of Nigerian GDP is crucial for policymakers and investors to make informed decisions and ensure sustainable development in Nigeria.

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“…Low level of profitability all over the world has reduced revenue generated from tax by the government (Gourinchas, 2022). Downward trend in Nigeria's economy, resulting from decline in crude oil revenue, as well as continuous increase in government expenditure has made the Federal government of Nigeria to realign her revenue focus to taxation (Ighosewe, Akan & Agbogun, 2021). Nigerian government has used various methods and approach to increase the tax net of the nation with the aim of generating high revenue from taxation.…”

Section: Introductionmentioning

confidence: 99%

Corporate Taxes and Financial Performance of Listed Information and Communication Technology Companies in Nigeria

O.R.,

K.L.

2023

African Journal of Accounting and Financial Research

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This paper examined the effect of corporate taxes and financial performance of listed information and communication technology companies (ICT) in Nigeria. The corporate taxes were proxied by company income tax and education tax while financial performance was proxied by profit after tax. Content analyses of the annual report of sampled companies were carried out using descriptive and inferential statistics. An ex-post facto research design was adopted for the study. A simple random sampling technique was used to select the sample. Data were obtained from annual reports and accounts of sampled ICT firms in Nigeria for a period of five years (2018-2022). Regression was used to test the hypothesis at a significance level of 5%. The findings showed that corporate taxation positively and significantly affected the financial performance of information and communication technology companies in Nigeria (p-value =0.0000; <0.05). The findings also showed that company income tax was positively and significantly related to financial performance in quoted information and communication technology companies in Nigeria. However, education tax has significant negative effect on financial performance of information and technology companies in Nigeria. The Adjusted R Square of 0.9974 showed that 0.3% is outside financial performance matrix and was recommended that the government should encourage voluntary payment of taxes with the introduction of reduced tax rates, public awareness, reduction of ambiguity in the tax law and provision of adequate infrastructural facilities which tax payer’s fund were used to provide for the society to encourage taxpayers’ compliance culture.

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Crude Oil Price Dwindling and the Nigerian Economy: A Resource-Dependence Approach

Cited by 8 publications

References 26 publications

Strategic Planning and Performance of Health Establishments in Delta State: Moderating Role of Organisational Culture

Strategic Planning and Performance of Health Establishments in Delta State: Moderating Role of Organisational Culture

Effect of Crude Oil Prices and Production on the Performance of Nigerian Gross Domestic Product: A Conceptual Framework

Corporate Taxes and Financial Performance of Listed Information and Communication Technology Companies in Nigeria

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