CONSTRUCTION OF ANY ANGLE FROM 10 TO 3600 WITHOUT BISECTION (’Lagsamladem Method)

Olagunju, Sam Olu and Olademo, J.O. Ani

Department of Mathematics

Adeyemi College of Education, Ondo

ABSTRACT

Short cut in constructing angles from  to  as new development is having the capacities, such that if carefully and effectively used in our schools and colleges will go a very long way to improve the teaching/leaning of the topic and enable students perform better in mathematics in both internal and external examinations. We still need to use ruler and a pair of compasses only, as usually directed by examination bodies, though with few of the old ideas, but totally side-tract the ideas of bisecting some noted angles in order to obtain others .The fact that if you do not construct some angles and then bisect them you can not get the required ones and that only few angles can be constructed are totally erased. In this method, all angles are taking care of in the same way (equality for all angles constructions). Some angles with their diagrams are used as examples to demonstrate the method.

Keywords: Construction, Angles, Bisecting, Ruler, Pair of Compasses.

SMALL AND MEDIUM SCALE ENTERPRISES (SMEs): A PANACEA FOR ECONOMIC GROWTH IN NIGERIA

Rasak Bamidele

Department of Sociology and Psychology

Fountain University, Osogbo,Osun State

ABSTRACT

The emergence of small and medium scale enterprises (SMEs) is a major catalyst and a key success factor for the development, growth and sustenance of the Nigerian economy. Most government and business circles have come to recognize the importance of small and  medium scale enterprises (SMEs) and have consequently agreed that their growth constitutes one of the corner stones of economic developmen., It is on the basis of this that the study of financing of small and medium scale enterprises (SMEs) in Amuwo Odofin Local Government of Lagos state  is being embarked upon. The study also examines how government and other agencies finance SMEs in Amuwo Odofin Local Government area of Lagos State.. The study was guided by network theory. The major concern of the theory is the objective pattern of ties linking the agencies, individual and group of the society. The agencies in this study include banks, cooperative societies, and government, among others.Quatitative and qualitative method was used to collect data for the study. Fifty(50) samples of respondents were selected from the Local Government Area. The data gathered was analyzed using descriptive statistics such as frequency distribution, while the  qualitative data was subjected to content and descriptive analysis.

Key words: Small and Medium Scale Enterprises, micro and macro structures, agencies and Economy development.

PRICE LEVEL CHANGES AND FINANCIAL ACCOUNTING MEASUREMENT: EMPIRICAL EVIDENCES FROM NIGERIA

Prince Kennedy Modugu; Chinwuba Okafor and Ohonba Nosa

Department of Accounting

University of Benin, Benin City

ABSTRACT

This study discusses the impact of price level changes on financial accounting numbers. Previous studies on the subject have merely reproduced historical financial statements alongside ‘inflation-adjusted’ financial statements without any scientific methodology and empirical analyses to allow for reliable conclusions. It is this major gap that this study seeks to fill. A sample of ten firms was drawn for period between2001-2010. The OLS regression estimated at nominal and adjusted levels in two separate models showed that both models have a high goodness of fit (R² ). However, the adjusted estimate exhibited a higher explanatory power and thus shows a better fit. This suggested that adjusted accounting estimates may after all be able to provide better and more realistic insight into a firm’s state of affairs. The study recommends that historical financial accounting information should be presented side-by-side with their corresponding adjusted financial statement to disclose the effect of price level changes. Additionally, the Financial Reporting Council of Nigeria and other regulatory agencies should as a matter of necessity set up a system of accounting for price level changes to enhance the value relevance of accounting information.Keywords: price level changes, value relevance, accounting information, inflation

CHALLENGES OF MODERN PROFESSIONAL SECRETARY/OFFICE MANAGERS IN ACHIEVING SUCCESS AT WORK

¹Adebayo Adedayo and ²Akinyele, T. A.

¹Deputy Registrar, Federal College of Education, Abeokuta, Ogun state, Nigeria

²Department of Business Education, Federal College of Education, Abeokuta, Ogun State

ABSTRACT

This paper looks into Challenges of Modern Professional Secretary/Office Managers in achieving success at work using SWOTT Analysis, discussing duties of professional secretaries/office managers in the past at present and in the future, how to succeed in modern offices etc. The paper concludes with the fact that managing modern office requires continuous learning, acquisition of skills, knowledge and experience which is ever changing in these technologically implied offices.

Keywords:  Professional Secretary, Office Managers, SWOTT Analysis, Challenges, Skills

NEW PUBLIC MANAGEMENT AND THE ELUSIVE QUEST FOR CONCEPTUAL FRAMEWORKS

Afegbua Salami Issa

Department of Public Administration

Lagos State University, Ojo

Prejossha@yahoo.com

ABSTRACT

The paper examined New Public Management and the search for Conceptual Frameworks. The paper examined the inadequacies and confusion in the adoption of various conceptual frameworks in the interpretations, analysis and synthesis of the New Public Management. The paper submitted that NPM is a rhetorical and conceptual construction and, like all such constructions, it is open to re-interpretation and shift in usages over time. The NPM concept is also prone to shift in meaning when it crosses language barrier. The paper concludes that for a generally accepted conceptual framework should be established for the examination and analysis of the New Public Management. (NPM),  it is when this is done that the risk of management-led reforms losing sight of the underlying social purposes of public services will be prevented.

JOB EVALUATION AND PERFORMANCE APPRAISAL, TOOLS FOR IMPROVING EMPLOYEES PERFORMANCE

Ibojo Bolanle Odunlami

Department of Business Administration

Ajayi Crowther University, Oyo, Nigeria

E-mail: odunibojo@yahoo.com

ABSTRACT

Human resources are the most vital resources in any organization.  This is because human resources plan, coordinate and control other resources (time, material, capital etc) in an appropriate form in order to achieve the goals and objectives of the organization. Having viewed the importance of the human resources, there is the need to evaluate the jobs to be performed by all employees in an organization as well as the performance of the employees.  This write up is divided into four sessions.  Session one looks at the introduction, concepts, process and methods.  Session two looks at the differences between job evaluation and performance appraisal.  Session three explains the importance of job evaluation and performance appraisal in improving employees performance while session four explains the conclusion and recommendations for the subject matter. It is an undisputable fact that the caliber of human resources of an organization determines the success or failure of the organization, hence the need to appraise the performance of human resources in an organization.   

Keywords: Job Evaluation, Performance Appraisal, Tools, Human Resources and Performance

NIGERIAN DEBT BURDEN AND THE BOGEY OF DEBT SERVING

Ayodele Thomas. D

Department of Accounting and Finance

Ajayi Crowther University, Oyo

ayodeleconcept@yahoo.com

ABSTRACT

It has been generally agreed upon that the rationale for raising both external and internal loan by governments of developing countries has always been to bridge the domestic resources gap in order to accelerate economic development. This has led many African countries including Nigeria to resort to borrowing since early 1970s. Unfortunately, the loans borrowed by Nigeria government over the years have not been put into any productive use to assist the nation and the teaming populace. More and more, the few political class members are getting richer daily at the expense of the teaming populace of the country. The paper therefore discussed the issue of debt burden and the debt servicing problems and the impact of debt burden on the Nigerian economy. Despite the fact that the country has been relieved of a very high proportion of the burden since 2006, the economy has not improved positively due to many human problems confronting the country which range from high profile corruption in the country’s political class, exorbitant allowances for political posts holders, dependency on only one product (oil), excessive importation of foreign items, insecurity which has affected foreign investment in the country negatively. It was therefore recommended among others that Nigerian government should adopt clear, and strict criteria for contracting new debt, diversify the economy and block all loop holes through which the Nations revenue is been drained. 

REQUIREMENTS IN NIGERIAN PUBLIC ORGANISATIONS

Wurim, Ben Pam

Assistant Chief Accountant

National Directorate of Employment, Plateau State

ABSTRACT           

The right quality and quantity of human capital (employed) is a measure of an organisation’s strength and success. Where this optimum staff mix is not maintained, imbalances in surpluses or deficits of employees may arise leading to unmanageable increases in personnel costs, inefficiency, absenteeism, turnover and productivity problems. The determination of this optimum staff mix is subject to the application of certain methods. The principal objective of this paper is to assess the potency of demand forecasting in the determination of employee requirements. A hypothesis in line with this objective is drawn and tested based on the data generated through a questionnaire. The survey investigation method was used in collecting the primary data for the study. The sample consisted of 349 top, middle and low levels management staff of five public sector organisations in Nigeria. The result shows that demand forecasting is not a potent tool in the estimation of employee requirements in Nigerian public organisations. Based on the aforementioned, the paper concluded that although widely varying approaches to forecasting the employees needs of an organization exist, demand forecasting might not predict with certainty the exact employee needs of an organization. The paper recommends that human capital planners should adopt a strategy of combining both qualitative and subjective methods in forecasting the employee needs of an organization; Chief executive officers of organisations should make it mandatory for human capital planners to employ scientific methods in forecasting; and the adoption of a combination of the technical skills of experts from various fields in the forecasting efforts.

THE PERSPECTIVES AND STRUCTURAL CONTRADICTIONS OF THE NIGERIAN POSTAL SERVICE: A NEOLIBERAL APPROACH

¹Nwanolue, B.O.G. and  ²Victor Chidubem Iwuoha

¹Department of Political Science, Anambra State University, Igbariam Campus, Nigeria

²Department of Political Science, University of Nigeria, Nsukka

princenwanoluebog@yahoo.com,tchydubevick@yahoo.com

ABSTRACT

Nowadays, nobody is very comfortable with the way the Nigerian Postal Service (NIPOST) works. The issue is not only that lesser people now visit NIPOST but that NIPOST actually has less to offer them. It is even much harder to imagine this, especially when NIPOST is conveniently and enviously staffed, workers take-home packages intimidating, and staff training – regular and superb. Even so, the organization is in the verge of collapsing. There are genuine fears that it may be haplessly thrown into private hands, as did her contemporaries. Upon this bleak premise, this paper seeks to link between the structural defects of the NIPOST human resource capacity and poor service delivery. The qualitative methods of data collection and analysis are applied. We conclude, relying upon the neoliberal framework, that the structuring of NIPOST is not so amenable to the prevailing postal market operation. Such inherent conflict poses serious obstacles on qualitative service delivery.However, we are optimistic that NIPOST can perform efficiently, ownership status notwithstanding, provided it is well restructured alongside the pervasive market patterns, like those privately owned.

Keywords: NIPOST, Service Delivery, Mails, Remuneration, Postal Market, Human Resource etc.

EFFECT OF GLOBALIZATION IN A CORRUPT ECONOMY: EVIDENCE FROM NIGERIA

Joseph, Afolabi Ibikunle and Bamidele, T.B

Department of Economics

 Ajayi Crowther University, Oyo, Oyo State

E-mail: toy4kuns@yahoo.com and timothydele@yahoo.co.uk

ABSTRACT

This study explores the channels through which globalization engender corruption an acts as an impediment to achieving the economic growth in Nigeria. The Structural Vector Auto Regression (SVAR) estimation technique is used to test this relationship. The variables used include Gross Domestic Product (GDP) growth rate, Openness (proxy by index of export plus index of import divided by GDP and corruption perception index. The scope covers the period 1970 to 2010.   It was discovered that globalization engender corruption which in turn impacted negatively on economic growth. The impulse response results indicate that globalization accounts for negative shocks in the economy via its effects on corruption, while the Forecast Variance Decomposition show that corruption accounts for a substantial portion of the variance decomposition of the variables under study. Hence, there is need to tackle corruption seriously if the country must achieve the essential benefit of globalization.

Keywords: Globalization, Corruption, Corrupt Leaders, Openness and Growth Rate