{"title":"ENTREPRENEURIAL ANALYSIS OF INTEGRATED FARMING OF SNAILS, POULTRY & RABBIT BUSINESS MODEL","authors":"Isobo Clifford Tom-George, silva Opuala-Charles","doi":"10.60089/dbebj.2023.3.2.01","DOIUrl":"https://doi.org/10.60089/dbebj.2023.3.2.01","url":null,"abstract":"Proof of Concept: Organic agriculture provides food with optimum nutritional value and minimum dangerous ingredients based on minimizing external inputs and avoiding synthetic fertilizers and pesticides. Products: TOMGEE Global Limited was founded in 2022 solely for Integrated Organic Farming to produce healthy organic products. The farm will produce healthy organic products such as snails, poultry, and rabbits. Market: The company would explore the opportunities of consumers' demand for clean and hand-healthy organic products. Competition: Our competitors are Eden Organics Limited, Agricultural Innovators, and Supremarts. One thing that sets the company apart is its commitment to providing high-quality organic products. Additionally, they are known for addressing customer complaints fairly and reasonably. Funding Needed: The Company has a strong assets base; properties, plants, and Machinery (PPE) are available but only need working capital to consolidate its investment. TOMGEE Limited will need finance of Thirty Million naira (₦32, 000,000.00) to fund its operating capital through a bank loan. Financial Projection: Our financial summary contains a five-year income statement based on thorough market research and a deep understanding of what it takes to grow our business. The five-year cash flow summary states that the company is going to be profitable and estimated at ₦159,776,895.00 Risk: There are four common risk mitigation strategies that TOMGEE Global Limited will adopt. These typically include avoidance, reduction, transference, and acceptance","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135621041","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Subsidy Entrepreneurship and Nigeria’s Economic Development","authors":"Silva Opuala-Charles, Ijeoma Victoria Oshilike","doi":"10.60089/dbebj.2023.3.2.03","DOIUrl":"https://doi.org/10.60089/dbebj.2023.3.2.03","url":null,"abstract":"The research delved into the impact of subsidy entrepreneurship on the economic development within Nigeria throughout the span from 2012 to 2021, utilizing annual time series data. The evaluation of stationarity was conducted through the Augmented Dickey Fuller test, while the estimation of parameters was undertaken using the Autoregressive Distributed Lag (ARDL) methodology. The findings unveiled a persistent and long term relationship among the variables. The test outcomes reveal that all the variables exhibit stationarity upon initial differencing, surpassing the 5% level of significance. The results show an increase in fiscal deficit as a proxy for subsidy entrepreneurship leads to a decrease in economic development. The result also pointed out an increase in gross national income leads to increase in economic development. The results have obvious policy implications for Nigeria. Nigeria must do away with subsidy entrepreneurs which are corruptly enriched through fiscal deficit responsible for the infrastructural gap and fueling poor human development index in Nigeria. Keywords: Subsidy entrepreneurship; Economic Development; Human Development Indicator; Fiscal Deficit; Keywords: Life Expectancy; Public Healthcare Expenditure; Income Per Capita","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135621371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Public Healthcare Expenditure and Other Determinants on Life Expectancy in Nigeria","authors":"Silva Opuala-Charles, Mina Tele Ikuru","doi":"10.60089/dbebj.2023.3.2.2","DOIUrl":"https://doi.org/10.60089/dbebj.2023.3.2.2","url":null,"abstract":"This study's core objective is to empirically investigate the impact of public healthcare expenditure and other determinants on life expectancy in Nigeria for the period 1981 to 2018, with the aim of proffering policies to improve life expectancy. Grossman's health model was used to analyze life expectancy as a function of gross domestic product (GDP), government health expenditure, inflation, secondary school enrolment, food production, and urban population. The autoregressive distributed lag (ARDL-bounds) technique, Granger causality test based on Toda Yamamoto approach, and Augmented Dickey Fuller test, was utilized to analyze the data. The results show a long-run causal relationship between life expectancy and the variables: per capita income, government health expenditure, inflation rate, secondary school enrolment, and urbanization in Nigeria. Thus, highlighting the significant long-run impact of public healthcare expenditure on life expectancy at birth in Nigeria. Based on the study's findings, key recommendations for Nigeria to improve the life expectancy of its citizenry were; to increase its public healthcare expenditure and GDP per capita expenditure, address issues of inadequate and insecure food production, develop new regional cities to cut down rural-urban drift, reduce inflation and ensure price stability.","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"250 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135999461","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Subsidy Entrepreneurship and Nigeria’s Economic Development","authors":"Silva Opuala-Charles, Ijeoma Victoria Oshilike","doi":"10.60089/dbebj/2023.3.2.3","DOIUrl":"https://doi.org/10.60089/dbebj/2023.3.2.3","url":null,"abstract":"The research delved into the impact of subsidy entrepreneurship on the economic development within Nigeria throughout the span from 2012 to 2021, utilizing annual time series data. The evaluation of stationarity was conducted through the Augmented Dickey Fuller test, while the estimation of parameters was undertaken using the Autoregressive Distributed Lag (ARDL) methodology. The findings unveiled a persistent and long term relationship among the variables. The test outcomes reveal that all the variables exhibit stationarity upon initial differencing, surpassing the 5% level of significance. The results show an increase in fiscal deficit as a proxy for subsidy entrepreneurship leads to a decrease in economic development. The result also pointed out an increase in gross national income leads to increase in economic development. The results have obvious policy implications for Nigeria. Nigeria must do away with subsidy entrepreneurs which are corruptly enriched through fiscal deficit responsible for the infrastructural gap and fueling poor human development index in Nigeria. Keywords: Subsidy entrepreneurship; Economic Development; Human Development Indicator; Fiscal Deficit","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135999677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Brain Drain among Nigerian Doctors: Country’s Implications and Policy Responses","authors":"Mina Tele Ikuru, Silva Opuala-Charles","doi":"10.60089/dbebj.2023.3.2.4","DOIUrl":"https://doi.org/10.60089/dbebj.2023.3.2.4","url":null,"abstract":"Over the past two decades, the migration of medical doctors has shown remarkable trends. In Nigeria, the medical profession stands out as one of the most mobile, highly skilled occupations and grapples with severe labor shortages. This study delves into two primary aspects. Firstly, it examines the main theoretical contributions and historical evolution of two phenomena: brain drain and medical brain drain. Secondly, it aims to raise inquiries, provide insights, pinpoint critical concerns, and propose potential solutions to curtail the emigration of medical doctors from Nigeria to developed nations. Secondary data source through desktop research was employed. Descriptive and explanatory research designs were used with mixed method research methodology involving qualitative and quantitative methods. Our results reveal that the attractive remuneration of doctors, a pleasant working environment, and adequate provisions for career advancement in the destination countries are among the pull factors for doctors' brain drain. In like manner, the surge in demand for healthcare services and improvements in medical technology in the receiving country act as driving forces behind the migration of medical doctors from developing nations, such as Nigeria. Keywords: Brain Drain; Migration; Poor Wages; Opportunities; Remuneration","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"82 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136163079","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ENTREPRENEURIAL ANALYSIS OF INTEGRATED FARMING OF SNAILS, POULTRY & RABBIT BUSINESS MODEL","authors":"Isobo Clifford Tom-George, Silva Opuala-Charles","doi":"10.60089/dbebj/2023321","DOIUrl":"https://doi.org/10.60089/dbebj/2023321","url":null,"abstract":"Proof of Concept: Organic agriculture provides food with optimum nutritional value and minimum dangerous ingredients based on minimizing external inputs and avoiding synthetic fertilizers and pesticides. Products: TOMGEE Global Limited was founded in 2022 solely for Integrated Organic Farming to produce healthy organic products. The farm will produce healthy organic products such as snails, poultry, and rabbits. Market: The company would explore the opportunities of consumers' demand for clean and hand-healthy organic products. Competition: Our competitors are Eden Organics Limited, Agricultural Innovators, and Supremarts. One thing that sets the company apart is its commitment to providing high-quality organic products. Additionally, they are known for addressing customer complaints fairly and reasonably. Funding Needed: The Company has a strong assets base; properties, plants, and Machinery (PPE) are available but only need working capital to consolidate its investment. TOMGEE Limited will need finance of Thirty Million naira (₦32, 000,000.00) to fund its operating capital through a bank loan. Financial Projection: Our financial summary contains a five-year income statement based on thorough market research and a deep understanding of what it takes to grow our business. The five-year cash flow summary states that the company is going to be profitable and estimated at ₦159,776,895.00 Risk: There are four common risk mitigation strategies that TOMGEE GlobalLimited will adopt. These typically include avoidance, reduction, transference, and acceptance","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136163080","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Public Healthcare Expenditure and Other Determinants on Life Expectancy in Nigeria","authors":"Silva Opuala-Charles, Mina Tele Ikuru","doi":"10.60089/dbebj.2023.3.2.02","DOIUrl":"https://doi.org/10.60089/dbebj.2023.3.2.02","url":null,"abstract":"This study’s core objective is to empirically investigate the impact of public healthcare expenditure and other determinants on life expectancy in Nigeria for the period 1981 to 2018, with the aim of proffering policies to improve life expectancy. Grossman’s health model was used to analyze life expectancy as a function of gross domestic product (GDP), government health expenditure, inflation, secondary school enrolment, food production, and urban population. The autoregressive distributed lag (ARDL-bounds) technique, Granger causality test based on Toda Yamamoto approach, and Augmented Dickey-Fuller test, was utilized to analyze the data. The results show a long-run causal relationship between life expectancy and the variables: per capita income, government health expenditure, inflation rate, secondary school enrolment, and urbanization in Nigeria. Thus, highlighting the significant long-run impact of public healthcare expenditure on life expectancy at birth in Nigeria. Based on the study’s findings, key recommendations for Nigeria to improve the life expectancy of its citizenry were; to increase its public healthcare expenditure and GDP per capita expenditure, address issues of inadequate and insecure food production, develop new regional cities to cut down rural-urban drift, reduce inflation and ensure price stability. Keywords: Life Expectancy; Public Healthcare Expenditure; Income Per Capita","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135813101","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Foreign Exchange Management and Selected Macroeconomic Performance Nexus Evidence From Nigeria","authors":"Silva Opuala-Charles, Jonah Olo Orji","doi":"10.60089/dbebj.2022.2.3.03","DOIUrl":"https://doi.org/10.60089/dbebj.2022.2.3.03","url":null,"abstract":"The objective of economic stability is fundamental to relative wellbeing of any country. Therefore, exchange rate management is key to fueling growth potentials and relative macroeconomic stability. The study empirically examined the exchange rate management and selected macroeconomic nexus in Nigeria from 1981Q1 to 2021Q4. The technique of generalized auto regressive conditional heteroscedasticity GARCH (1,1) was employed to model the dependent variable of quarterly nominal effective exchange rate( QNEER) on the explanatory variables : quarterly external reserves(QEXRES);quarterly gross domestic product (QGDP) ,and Dummy of effective exchange rate policy (DUMEXPO). The research output showed exchange rate depreciation in Nigeria exhibited a statistically significant inverse relationship with external reserves and gross domestic product during the review period. Whereas, test of exchange rate management policy effectiveness showed a relatively weak policy thrust are implemented to stabilized exchange disequilibrium. The study however, recommended for a consistently well recalibration of exchange policy as well as monetary policy intervention strategies so as to restore convergence, attract capital inflow and macroeconomic equilibrium position. Keywords: Exchange rate management, Sterilization, Pass-through, Nominal exchange rate.","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135011482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Foreign Exchange Management and Selected Macroeconomic Performance Nexus: Evidence from Nigeria","authors":"Silva Opuala-Charles, J. Orji","doi":"10.60089/dbebj/2022.2.3.3","DOIUrl":"https://doi.org/10.60089/dbebj/2022.2.3.3","url":null,"abstract":"The objective of economic stability is fundamental to relative wellbeing of any country. Therefore, exchange rate management is key to fueling growth potentials and relative macroeconomic stability. The study empirically examined the exchange rate management and selected macroeconomic nexus in Nigeria from 1981Q1 to 2021Q4. The technique of generalized auto regressive conditional heteroscedasticity GARCH (1,1) was employed to model the dependent variable of quarterly nominal effective exchange rate( QNEER) on the explanatory variables : quarterly external reserves(QEXRES);quarterly gross domestic product (QGDP) ,and Dummy of effective exchange rate policy (DUMEXPO). The research output showed exchange rate depreciation in Nigeria exhibited a statistically significant inverse relationship with external reserves and gross domestic product during the review period. Whereas, test of exchange rate management policy effectiveness showed a relatively weak policy thrust are implemented to stabilized exchange disequilibrium. The study however, recommended for a consistently well recalibration of exchange policy as well as monetary policy intervention strategies so as to restore convergence, attract capital inflow and macroeconomic equilibrium position.","PeriodicalId":231169,"journal":{"name":"DiamondBridge Economics and Business Journal","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131554327","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}