Aniefiok Udo

• PhD (Economics)
• Lecturer I at Topfaith University, Mkpatak Nigeria

This study examines the relationship between manufacturing sector output and economic growth in Nigeria from 1981 to 2022. The study adopts a quantitative econometric technique using ordinary least square method (OLS), after testing for level of integration of the macroeconomic variables in the specified model. The OLS result revealed that manufact...

This study seeks to establish the relationship between agriculture value added and some selected macroeconomic factors in Nigeria from 2000-2022. Augmented Dickey Fuller unit root tests, co-integration test with Auto regressive Distributed Lag Bound test, Auto regressive Distributed Lag-Error Correction Model analysis were carried out on the data f...

This study evaluates the effect of agriculture value added in the relationship between agricultural export and economic growth in Nigeria from 2000 to 2022 by employing time series data and deploying Augmented Dicky- Fuller unit root, Auto-regressive Distributed lag (ARDL) framework, and Dynamic Ordinary Least Square (DOLS) technique for analysis....

This study examined the Exchange rate and inflation in Nigeria using annual time series data covering the period

Government expenditure is widely recognized as a potent tool for enhancing growth, redistributing income and reducing poverty in an economy. There exists a consensus in the literature that an adequate and effective macroeconomic policy is critical to any successful development process aimed at achieving high employment, sustainable economic growth...

The concentration of CO2 in the atmosphere is soon set to pass through the 400 ppm mark. Most climate scientists consider that this represents an unacceptable chemical experiment with the earth’s atmosphere. This climate change issue implies that the most efficient use of all available energy sources that is environmentally friendly is paramount. H...

Value added agriculture enables farmers to align with consumer preferences with qualitycharacteristics not found in conventional raw material products. Agriculture value added could beunder serious threat under poor governance situation and insecurity. This study was thereforeundertaken to empirically evaluate the relationship between governance sy...

The intrigues and dynamism of fiscal federalism in Nigeria has generated a lot of controversies to the extent of threatening the cooperate existence of Nigeria. This work appraised the fiscal federalism under the 1999 constitution of the Federal republic of Nigeria as amended using qualitative analysis. The study observed that the concentration of...

This Study Examined The Effectiveness And Usefulness Of Formal-Informal Financial Institutions' Synergy As A Promising Alternative

The neoclassical economists generally advocate for a state with minimal economic functions or the so-called laissez-faire from the 19 th century as a response to failures in the 18th century due to heavy government distortions. On the other hand, due to the influence of Keynes, heterodox development economists argue strongly that the role of the st...

The volume of public expenditure has been on the rise especially in the developing economies and this has renewed the argument among economists on the validity of Wagner’s law. Whereas for Keynes, the increase is needed to stimulate aggregate demand for economic growth to take place, Wagner opine that public expenditure is a consequence rather than...

In Nigeria, the problem of insufficient electricity supply (power) is as the result of lack of diversification of energy sources. Electricity generation cannot cope with the ever increasing demand for the product. As a result of rapid population growth, access to modern energy remains relatively low and inequitable. However, there is a functional r...

The external reserve-economy relationship argument has generated debate due to unsatisfactory theoretical and empirical consensus. There is an ongoing debate on whether having large holding of international reserves is beneficial or not. The critics’ main argument is that those resources could and should be used in a more productive manner to devel...

Wagner's law viewed that public expenditure is a consequence rather than cause of national income hence; it plays no role in generating national income. While Keynes viewed that public expenditure is a cause rather than effect of national income therefore can be used to heighten economic activities. In the developing economy like Nigeria, which of...