RESUMEN
One of the critical issues of concern is how African countries can take agriculture as a business that creates wealth which can help transform rural communities, increase income, reduce poverty and help the continent achieve the United Nations (UN) Sustainable Developments Goals (SDGs) of no poverty (SDG-1) and food and nutrition security (SDG-2) by 2030. Hence, this study examines how participation in agriculture through cassava value chain can improve households' livelihood income in Africa using the case of Nigeria. To achieve its objective, the study utilised quantitative analysis approach to address the linkages among economic agents within the agricultural value chain. The logit regression and propensity scores matching technique are used for the quantitative analysis. The result show that, while more significant proportion of male cassava production household heads sell cassava in its fresh form, their female counterparts add value by processing cassava further into finished staple foods. Another key insight is the high involvement of youth and women in cassava production, processing and marketing. Thus, they have greater influence in promoting and improving households' livelihood income. Therefore, more targeted efforts should be made by all stakeholders to ensure that youth and women have better, less expensive and dependable assess to facilities at lower interest rates to participate in agricultural value chain. This will engender inclusiveness of the vulnerable groups in agricultural value chain.
RESUMEN
The study examines how large-scale agricultural land investments (LIs) affect household food security in Nigeria. It is one of the few studies in Nigeria that offers new empirical insights into household food security. Precisely, it unravels how LIs affect the livelihood outcomes of households in communities where LIs operate compared to households in communities without such LIs. This study engages the mixed methods of analysis involving quantitative and qualitative techniques. The quantitative data is drawn from the Living Standards Measurement Study-Integrated Surveys on Agriculture (LSMS-ISA) utilising the Logistic regression technique. The qualitative aspect of this study involved fieldwork conducted in two distinct Nigerian states: Kwara State, situated in the North-Central region, and Ogun State, located in the South-West region. The qualitative findings further enrich the quantitative findings. It also helped to investigate the nature of jobs households engaged in and also the employment density of the investors' farms which could not be done using the national representative data (LSMS). The results indicate that households in communities without land investments have 0.2% higher likelihood of being more food secure than households in communities with land investments and it is significant at 5%. The qualitative analysis reveals several key insights, including the observation that female headed households in communities with LIs are less likely to be food secure, receive less wages, and spend more time in communities with LIs. Government should put in place policies (for example, compensation policies) that will ensure that land deals are properly monitored and structured to benefit and protect the host communities. If the government fails to properly regulate land deals, rural people will always suffer. Also, they should monitor and control the activities, and the type of crops grown in investment farms so that land investments can bring about the desired benefits such as improvement in household livelihood and enhance food security in the communities where they exist.
RESUMEN
This study investigates lean principles among Nigerian entrepreneurs and SME managers in the operational process in the aftermath of COVID-19 pandemic in Nigeria. It offers the panacea to the challenge of social-economic shocks and their adverse effects on SMEs' business activities in Nigeria. The study adopts a conceptual approach to investigate lean entrepreneurship practice by SMEs in Nigeria. It relies on data from extant literature, using a conceptual approach to examine the social-economic effects of COVID-19 pandemic and critical environmental factors on the lean entrepreneurship practice in Nigeria. Furthermore, the study explores the influence of lean practice among SMEs and entrepreneurs in Nigeria and suggests a broad model for lean entrepreneurial practice in post-COVID-19 pandemic Nigeria. Findings highlight the broad social-economic effects of COVID-19 pandemic and other challenges such as theft, host community pressure, weak legal system, and inadequate government policy support affect lean entrepreneurship practice. These factors constitute complex operational issues that would require the adoption of a more comprehensive approach to address. It also highlights crucial factors for post-COVID-19 pandemic SMEs' operational success in Nigeria due to deficits in infrastructure and regulatory efficiency for SMEs' operations to address the various challenges of business failures in Nigeria. The study suggests a lean SME and Entrepreneurial Practice model in the post-COVID-19 pandemic era. It emphasises the need to refocus the active interest of the lean entrepreneur on critical business sustainability. The study recommends a critical review of the internal operational process among practicing entrepreneurial businesses and a re-modification of public policies system that governs the operational functions of entrepreneurial practices for reasonable and resilient post-COVID-19 pandemic entrepreneurship practices that can support the SMEs and economic growth in Nigeria.
RESUMEN
In light of increasing globalisation, countries do not just open their economies to trade; some factors have to be influenced. This study analyses the relationship among trade openness and macroeconomic outlook of Africa's regional economic communities (RECs), focusing on the Economic Community of West African States (ECOWAS) and Southern African Development Community (SADC). The study applies the Pooled OLS, Fixed and Random Effects techniques of estimation and the Durbin-Wu Hausman test for endogeneity to categorised secondary data from the World Bank's World Development Indicators (WDI) and the United Nations Conference on Trade and Development (UNCTAD) databases. The datasets are classified into three segments for comparative analysis, comprising the total, ECOWAS, and SADC datasets. The results show a positive but insignificant nexus between economic growth rate and trade openness in both the combined simulated ECOWAS and SADC and the individual REC. The results emphasise that the government and other relevant stakeholders should ensure policies are enacted and enforced to transmit the experienced economic growth into substantial trade gains and further trade openness in ECOWAS and SADC.
RESUMEN
This study examines the implementation status of the African Growth Opportunity Act (AGOA) and its performance in Nigeria using socio-economic indicators. Also, the study provides recommendations on how Nigeria can harness the opportunities latent in AGOA using statistical inference and in-depth interview with relevant stakeholders. The findings show that despite the privileged economic relations with the United States of America (USA), Nigeria is yet to optimise the benefits derivable from the AGOA initiative. Weak adherence to international products packaging and standards, weak manufacturing base, and inadequate infrastructural provision, among others, have limited Nigeria's possible gains from AGOA. Hence, this study submits that Nigeria can improve its export performance under AGOA, given the considerable untapped potentials in many AGOA-product sectors.
RESUMEN
In Ghana, like many African countries, women are financially disadvantaged compared to men, which has encouraged women to form credit associations. This paper examined the "Pagwuni" Women's Group (PWG) in the Northern region of Ghana, where over 93 percent of members are smallholder farmers. Women make regular membership and social fund contributions with records kept in a secured 'money-box', opened at an agreed time. Members receive their money according to the amount contributed while the 'social fund' is for purchasing farm inputs. This study analysed the effect of the Pagwuni Women Group (PWG) financing activities on the financial needs of the group and their households' economic welfare. The study also examined the kind of innovation that this PWG adopts that differs from the traditional Village Savings and Loans Association (VSLA). In investigating the sustainability of this 'money-box' model, data was sourced from 150 participants and the group administrators using a mixed research method. Three significant findings were uncovered. First, 93.3 percent of the respondents are peasant farmers. Second, 86.7percent indicated that this money-box arrangement is their only form of savings. Hence, since PWG is a woman-only group, it offers a good opportunity to understand the interconnections between gender and the economic welfare, enhancing the potential benefits of such group savings associations. Third, access to the social fund component of money-box helped the female participants to acquire the equipment and services needed to modernise their farming activities. Policy recommendations to link such rural money box initiatives with formal financial institutions to help channel funds to small-scale female farmers are discussed.
RESUMEN
BACKGROUND: Growth in agricultural science and technology is deemed essential for in-creasing agricultural output; reduce the vulnerability of rural poverty and in turn, food security. Food security and growth in agricultural output depends on technological usages, which enhances the pro-ductive capacity of the agricultural sector. The indicators of food security utilised in this study in-clude: dietary energy supply, average value of food production, prevalence of food inadequacy, among others. OBJECTIVE: In this paper, we examined the level of technology and how investment in the agriculture and technology can improve technical know-how in Nigeria with a view to achieving food security. METHOD: We carried out the analysis on how investment in technology and institutional framework can improve the level of food availability (a key component of food security) in Nigeria using econ-ometric technique based on Autoregressive Distribution Lag (ARDL) framework. RESULTS: The results showed, inter alia, that in Nigeria, there is a high level of food insecurity as a result of low attention on food production occasioned by the pervasive influence of oil that become the major export product. CONCLUSION: It was noted that the availability of arable land was one of the major factors to increase food production to solve the challenge of food insecurity. Thus, the efforts of reducing the rate of food insecurity are essential in this regards. This can also be achieved, among others, by active interactions between government and farmers, to make contribution to important planning issues that relate to food production in the country and above all, social protection policies should be geared or channelled to agricultural sector to protect farmers who are vulnerable to shocks and avert risks associated with agriculture.