The Contributions of Contemporary Sokoto Women to the Nigerian Economy: A case Study of Women and girl Child Centre, Gidan Haki area, Sokoto, Sokoto State, Nigeria

Malami, Hussaini Usman

doi:10.4314/gab.v6i2.23416

Cited by 2 publications

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“…Dunford (2001) cited in Magaji and Aliyu (2007) states that loans with training are found more effective in addressing many socioeconomic problems of women especially in developing countries. Furthermore, Malami (2008) identifies lack of proper funding as one of the fundamental problems blocking the chances of women from attaining economic empowerment and that if provided, it will assist to empower the economic position of women and consequently reduce the level of poverty. Ebele (2003) explains that in some African countries, employment opportunities and per capita income of women is lower than that of men, which contribute to low economic profile of women.…”

Section: Financial Factormentioning

confidence: 99%

Factors Militating Against Women Economic Empowerment And Poverty Reduction In African Countries

2013

IOSR-JBM

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Section: Financial Factormentioning

confidence: 99%

Factors Militating Against Women Economic Empowerment And Poverty Reduction In African Countries

2013

IOSR-JBM

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“…Figure 1 underscores the exchange rate's significant impact on developing nations' economies, highlighting the necessity of periodically monitoring and regulating exchange rate movements (Subair et al 2015). According to Malami (2021), Figure 1 illustrates a process born from circumventing market forces to achieve "selfish interests." This occurs when a domestic country loses confidence in its currency and seeks to adopt another nation's currency that consents to this arrangement, leading to a purely aspirational agreement on exchange rate regimes.…”

Section: Introductionmentioning

confidence: 99%

Shifting the paradigm for securing efficient management of exchange rate in Nigeria: A GARCH and BEKK-MGARCH analysis

Subair

2023

JES

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The influence of foreign exchange on all spheres of any economy is germane to determining its extent of development. Most developing countries have been subjected to managing the integrity of the exchange rate arising from their disadvantageous position in world trade. Nigeria is not an exemption either; this is due to its constant interventions in the foreign exchange market from time to time and by the policy of the existing government in power. However, the interventionist policy framework has been more harmful to Naira as the currency depreciates unabatedly. The pertinent question is whether monetary policy should be the only approach to effective exchange rate management or be combined with fiscal and income policies. Irrespective of the policy choice, the aim, target, and instrument must be complementary without unnecessary disruptions midway, as usually experienced in Nigeria. These inconsistencies have come to bear enormously on the country's exchange rate management. Rather than focusing on the impact of exchange rate volatility on industrial development that could warrant foreign exchange inflows, this paper considers industrialization as an approach to effectively managing exchange rates in Nigeria. This analysis employs a univariate GARCH and BEKK-MGARCH model, using high-frequency monthly time series data from 2000 to 2019, to examine the volatility transmission between the foreign exchange market and the industrial sector. The model estimation uses the Conditional Maximum Likelihood Technique (CMLT). It was discovered that industrial development positively influenced the official market exchange rate compared to the parallel market exchange rate, reducing its volatility. The study thus suggests the vigorous pursuit of foreign exchange earnings and usage policy by earning entities, floating Diaspora bonds, enhancing and encouraging remittances and repatriation of illicit financial outflows to enhance industrialization. This will discourage arbitraging, increasing foreign exchange inflows and stabilizing the economy.

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The Contributions of Contemporary Sokoto Women to the Nigerian Economy: A case Study of Women and girl Child Centre, Gidan Haki area, Sokoto, Sokoto State, Nigeria

Cited by 2 publications

References 0 publications

Factors Militating Against Women Economic Empowerment And Poverty Reduction In African Countries

Factors Militating Against Women Economic Empowerment And Poverty Reduction In African Countries

Shifting the paradigm for securing efficient management of exchange rate in Nigeria: A GARCH and BEKK-MGARCH analysis

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