Ianna Journal of Interdisciplinary Studies

Rural development as a panacea to stimulating rural livelihood in the post-COVID era: is agriculture still the key?

2023-04-10T12:02:22+00:00

Abstract

Background: Agriculture represents one of the most important means of rural livelihood in Nigeria. Hence, agricultural development is essential for advancing the rural economy. Due to the benefits of employment creation, food security, and income generation, it is typically regarded as a tool for rural development

Objective: The study aimed to develop a model through which the components of agricultural development can enhance rural livelihood.

Methodology: To create a representative sample of the respondents in the research locations, a multi-stage sampling procedure was used. Afterward, a structured questionnaire was utilised to gather information from the respondents, who were randomly chosenndom from the state's three senatorial districts. Data for the study were analysed using a binary logistic regression model.

Result: The result showed that Mechanical Technology (MET), Innovative crops (ICR), Micro Credit Scheme (MCS), Chemical fertilizer (CFE) and Good Rural Roads (GRR)] exert positive and statistically significant relationships with the dependent variable. This means that a one percent increase in the utilization of MET, ICR, MCS, CFE, and GRR would stimulate the likelihood for rural livelihood to rise by 2.5%, 6.2%, 1.2%, 2.9% and 1.4%, respectively. More so, the odd ratios indicate that the rural populace had 1.3, 1.8, 1.1, 18.1 and 1.2 odds of experiencing improvement in rural livelihood for every unit of increase in the availability and utilisation of MET, ICR, MCS, CFE, and GRR. Moreover, the coefficient of Pest Control Chemicals (PCC) was found to exert negative interaction with the dependent variable. However, at a 5% threshold of significance, the relationship was shown to be statistically insignificant.

Unique Contribution to Knowledge: This study provides a roadmap through which the living condition of the rural population could be enhanced through the mechanism of sustainable rural agricultural development in the study area.

Conclusion: Based on the findings, the study concludes. that rural livelihood can be significantly improved through the development of agriculture.

Recommendations: Greater attention should be paid to agriculture as a deliberate way of promoting rural development through poverty reduction.

Small group communication as a counseling intervention strategy for promoting interest, skills, and behavioural intention towards business start up among youth who are victims of conflict in Nigeria

2023-04-10T12:09:36+00:00

Background: The increasing number of displaced persons globally as a result of natural and manmade disaster suggests that relying on donations to feed such vulnerable individuals is not sustainable. Despite this humanitarian crisis, literature regarding how to promote the involvement of displaced persons in business is still at the development stage.

Objective: The goal of this study was to examine the effect of small group communication as a counseling intervention for promoting interest, skills, and behavioural intention towards business start up among youth who are victims of conflict. The study focused attention on those who are displaced from the conflict between farmers and herdsmen in Benue State, North Central Nigeria.

Methodology: The researchers achieved the goal of this study using a quasi-experimental design. A total of 470 young victims of conflict took part in the study and were randomly assigned to control and treatment groups. Data were collected with the use of a structured questionnaire while independent t-test was used to analyse the result.

Results: The results of our experiment showed that respondents who were exposed to the intervention reported greater interest, skills and more positive intentions towards business start up than their counterparts who were not.

Key contribution: The result of this study highlights the usefulness of small group communication as a tool for skill acquisition and behaviour intention towards business start up among vulnerable youth.

Conclusion: If victims of conflict receive adequate training, they could be empowered to become self-sustaining, rather then depending on donations for their livelihood.

Recommendations: Stakeholders should invest greater efforts in empowering young victims of conflict rather than focusing attention on the donations.

Impact of CBN cash withdrawal limit and currency redesign monetary policies on the operation of young Point of Sale (POS) merchants in Enugu State, Nigeria

2023-04-10T12:16:19+00:00

Background: High inflation rate is one of the economic problems facing Nigeria. As the government is unable to provide a long-term solution to this issue, inflation in the economy is inevitable.

Objective: The study aimed at exploring the medium and longstanding interactions of inflationary dynamics on Nigeria’s economic growth speed.

Methodology: Autoregressive Distribution Lag (ARDL) bound estimation procedure was utilised in the study. The researchers used the Augmented Dickey-fuller test (ADF) for the stationarity test on the variables.

Result: The study found that inflation has a detrimental long-term and short-term influence on Nigeria’s economic growth. This demonstrates that when inflation is excessively high, an economy's currency loses buying power as a result of an increase in prices.

Unique Contribution to Knowledge: The study has demonstrated the link between inflation and Nigeria’s economic growth.

Conclusion: The study concluded that inflation has a severe consequence on the Nigerian economy both in medium and longstanding periods.

Recommendations: Giving the study’s findings, the study recommended stringent monetary policy.

Does Inflationary Dynamics Impact on Nigeria’s Economic Growth?

2023-04-10T12:30:30+00:00

Background: High inflation rate is one of the economic problems facing Nigeria. As the government is unable to provide a long-term solution to this issue, inflation in the economy is inevitable.

Objective: The study aimed at exploring the medium and longstanding interactions of inflationary dynamics on Nigeria’s economic growth speed.

Unique Contribution to Knowledge: The study has demonstrated the link between inflation and Nigeria’s economic growth.

Conclusion: The study concluded that inflation has a severe consequence on the Nigerian economy both in medium and longstanding periods.

Recommendations: Giving the study’s findings, the study recommended stringent monetary policy.