ESUT JOURNAL OF SOCIAL SCIENCES

ASSESSMENT OF CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE ON RETURN ON ASSET AND SHARE PRICE OF SEPLAT ENERGY PLC IN NIGERIA

Abiola Olubukola Olorunnisola — 2024-06-24

Corporate social responsibility (CSR) is considered an instrument for improving a company's reputation with key stakeholders, generating revenue, and improving bottom-line results; however, rather than corporate organizations, most studies concentrated on Nigeria, a sovereign state. Therefore, it is imperative to investigate the specific relationship between corporate social responsibility disclosure and its effects on asset returns and share prices, with specific reference to an oil firm such as Seplat Energy Plc in Nigeria. Nigeria. Ex-post facto or causal comparative designs were utilized because the study's data came from the annual reports of Seplat Energy Plc on the Nigerian Stock Exchange. Pearson Product Moment Correlation (PPMC) and regression analysis were used to analyze this study. The results showed that corporate social responsibility indices are positively related to ROA, except size. Additionally, it was observed that the corporate social responsibility index explains 46.8% of the variance in ROA. Because the size and donation values on the t-calculated values of -1.089 and 0.620, respectively, are less than the t-tabulated value of 1.833. Based on the research findings, Seplat Petroleum Development Plc was found to have acknowledged the value of corporate social responsibility (CSR) and to be fulfilling its commitments to both internal and external stakeholders as well as the broader community. It was recommended that a law be enacted that will fix the minimum percentage of profit that organizations should spend on corporate social responsibility.

DIGITAL MEDIA TOOLS AND YOUTH EMPOWERMENT IN ANAMBRA STATE

Nnaemeka Hillary Anikeze — 2024-06-24

This study empirically investigated Digital Media tools and Youth Empowerment in Anambra State. The study was carried out in Onitsha the capital of Anambra State. The reason for choosing Onitsha is because Onitsha is the largest commercial city in South East with highest population of young entrepreneurs. Specifically the study aims to; ascertain the effect of Youtube on youth skills acquisition and development, examine the effect of facebook on youth accessibility of credit facilities for startup business. The population for the study comprised current metro area population of Onitsha in 2024 which is 1,695,000 residents. However a sample of 400 youths was sampled for the study using Taro Yamane Sampling Techniques. A structured questionnaire designed by the researchers served as the instrument for data collection, data gotten from the respondents were analyzed using simple percentage while chi-square was used for testing of the hypotheses at 0.05 level of significance. The findings of the study revealed that youtube have positive significant effect on youth empowerment in South East Nigeria, facebook has also positive significant effect on youth empowerment in South East Nigeria. Based on the findings, the following recommendations were made; youths should be encouraged to utilize digital tools for self development so as to relevant in today’s world driven by technology, educational centers and skills acquisition training centeres should embrace the use of social media tools in their training curriculum.

Foreign Aid, Donor Financing and Literacy Rate in Nigeria

A. E Eze — 2024-07-08

While debates continues on the best way to deliver assistance, there is little doubt that Nigeria will continue to need significant aid to achieve development goals. Moreover, despite criticisms, aids has had many successes in Africa and Nigeria. This paper examined foreign aid, donor financing and literacy rate. This paper is anchored on the human capital theory and utilized the error correction model and the Granger causality approached over the period of 1985 to 2023. The variables of the paper are foreign aid, gross fixed capital formation, exchange rate, and inflation. The data for these variables were sourced from the Central Bank of Nigeria and National Bureau of Statistics (NBS). The result showed that foreign aid has a positive but insignificant impact on human capital development in Nigeria (P-values of t – statistics (0.058663) >Sig-value (0.005); trace statistic and the Max-eigenvalue statistic of Johansen co-integration test indicates 2 co-integrating equation(s) at the 5 percent level of significance indicating that there is a long-run relationship between foreign aid and literacy rate in Nigeria; also there is a uni-directional relationship between foreign aid and literacy rate. The paper recommended among others a policy framework that would guide against the country's dependence on foreign aid beyond a point that may not be healthy for the economy.

Monetary Policy Pass-Through to Unemployment Reduction in Nigeria

A.U Eyone — 2024-07-08

The Nigerian economy has witnessed several structural changes with varying impacts on the level of unemployment which is one of the major threats to macroeconomic stability in the economy. This paper examined the impact of monetary policy mechanisms and unemployment reduction in Nigeria from 1986 to 2022. The theoretical framework of this paper was anchored on the job search and Keynesian theories of unemployment, and the data used in this paper are unemployment, broad money supply, prime lending rate, foreign direct investment, private sector credit, and population growth and inflation rate. The analytical techniques of this paper included the dynamic autoregressive distributed lag and the Granger causality approaches. The data for these variables were sourced from the Statistical Bulletin of the Central Bank of Nigeria and the National Bureau of Statistics. The result showed that the prime lending rate was positive and significant at the 5 percent level of significance, while broad money supply was negative and significantly correlated with unemployment. The lagged value of inflation rate were positively and significantly correlated with unemployment. Furthermore, the Granger causality test showed that there is no causality between broad money supply and unemployment rate, while unidirectional causality existed between unemployment and private sector credit. This paper recommended among others that macroeconomic stability is necessary through employment generation by enhancing the productivity of the Nigerian economy through accessibility of credit by the private sector.

Tomophobia and Professionalism among Nurses in Public Health Institutions in Anambra State

Godwin Chekwubechukwu Obidigbo — 2024-07-13

This paper investigates the impact of Tomophobia on professionalism among nurses in public health institutions using Chukwuemeka Odumegwu Ojukwu University Teaching Hospital Amaku, Anambra state as focus. A cross-sectional survey method was adopted for data gathering and supplemented by qualitative data, which was generated through review of literature. From a population of 185 the research sampled all the 130 nurses present during the 4 days field work for data gathering. SPSS version 20.0 tools were used for data analysis. The results of analysis reveal the prevalence of compassion fatigue and burnout, indifference to patients care, retarding zeal for work and apprehension, and retardıng interest for knowledge and more professional skills acquisition among the nurses due to tomophobic experiences. These tend to undermine general healthcare and successful surgeries. Among others, the paper recommends the employment of professional counsellors to address the rising tide of tomophobia, and quick adminıstrative response to nurses demands for the review of their conditions of service.