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Author: search.filters.author.Musa Abdullahi SakankoSubject: search.filters.subject.Nigeria

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    INFRASTRUCTURE AND SUSTAINABLE DEVELOPMENT GOALS (SDGs) IN NIGERIA
    (Kabod Publishing, 2022) Musa Abdullahi Sakanko; Joseph David; Safiyanu Umma Yahaya
    The government needs to harnessing innovative finance. The government budgets maybe insufficient to finance the infrastructures, therefore, finding new ways to tap into global capital markets, encourage more private sector investment in the sector and establishing public private partnership to ensure flow of finance to execute capital infrastructure. Managing infrastructure and recognizing its importance must be adopted in all sector of the economy. This is because infrastructure assets may need to be in place for time period for present and future asset. Implementation of the institutionalization measures to combat corruption to improve transparency. This is because corruption is one of the biggest sustainable development obstacles. In addition to ensuring that everyone has access to basic needs, governments must ensure that women and people with disabilities have equal access to productive resources such as grants, education and training, and employment opportunities. Educating young unemployed Nigerians, women, and persons with disabilities, and providing free education and healthcare, are keys to improving the educational and healthcare systems in Nigeria. The government must address the wide spread insecurity in the country to sstrengthening subsistence and small-scale Agriculture and pave wave for economic growth and development
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    FUEL SUBSIDY AND NIGERIANS’ WELFARE
    (Advanced Concept Publishers, 2023) Musa Abdullahi Sakanko; Akomolafe Femi Augustine; Sufiyanu Umma Yahaya
    Fuel subsidies tend to disproportionately benefit higher-income groups who consume more fuel, rather than effectively targeting the most vulnerable segments of society. This regressive nature of subsidies can exacerbate income inequality and hinder efforts to achieve equitable socio-economic development. To ensure the welfare of Nigerians, it is vital to adopt a comprehensive and sustainable approach to energy pricing and subsidy reform. This approach should involve phasing out fuel subsidies gradually, while simultaneously implementing targeted social safety nets and support programs for the most vulnerable populations. Moreover, it is crucial to invest in alternative energy sources and infrastructure to reduce reliance on fossil fuels in the long run, promoting a more sustainable and environmentally friendly future. Ultimately, striking a balance between short-term relief and long-term sustainable development is essential to improve the welfare of Nigerians. By carefully evaluating the costs and benefits of fuel subsidies and implementing well-designed policies, the government can work towards a more equitable and prosperous society for all its citizens.
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    An Econometrics Analysis of the Determinants of Exchange Rate in Nigeria (1980 - 2016)
    (European Journal of Business and Management, 2017) Musa Abdullahi Sakanko; Joseph David
    The paper investigates the determinants of exchange rate in Nigeria using times series data ranging from 1980 to 2016 and employing the Vector Error Correction Mechanism (VECM) to separate the long-run determinants of exchange rate from its short-run determinants. The result from the dynamic model reveals that changes in domestic price level, interest rate differentials, trade openness, government purchases of tradable and non-tradable goods and capital inflow are the major long-run determinants of exchange rate in Nigeria while changes in the domestic price level, interest rate differentials and capital inflow are the major short-run determinants of exchange rate in Nigeria. The study recommended the actions of the monetary authorities towards the maintenance of relative low and stable price level, interest rate capable of attracting foreign investors and the design and implementation of trade policies which tend to increase the inflow of capital from abroad.