Dr. IMIDE ISRAEL
Publication Title A comparative assessment of external debt management and infrastructural developments: perspectives on Nigeria’s economy, 1979–2020
Publication Type journal
Publisher External debts, Infrastructure, Capital investments, Development, Debt servicing, Nigeria Paper type Research paper
Publication Authors Richard C. Osadume, Israel O. Imide
Year Published 2022-08-08
Abstract Purpose – The purpose of this study is to examine whether external debt procurements during the military
and civilian regimes had a correlation with infrastructural developments using available data from Nigeria.
Design/methodology/approach – The sample period covering 41 years, was divided into two periods
representing the military and civilian regimes with respective secondary data secured from the World Bank
Group online database. The study employed robust least square regression, autoregressive distributed lag and
the error correction term to test the variables at the 0.05 significance level.
Findings – The results affirmed that external debts shows positive and significant relationship with
infrastructural developments proxy for capital investments during the short-run for both military and civilian
regimes in Nigeria, while the outcome was only significant and negatively signed for the civilian regime in the
long-run with 52.28% speed of convergence to long-run. This study concludes that external debt showed
significant correlation with infrastructural development during the civilian regime better than the military
regime in Nigeria and this conclusion applies globally.
Research limitations/implications – Research period covered only 41 years, between 1979 and 2020 and
focused on sub-Saharan African country – Nigeria.
Practical implications – The research encourages civilian administration in governments and urged them
to carefully appraise and contract external debts to finance self-liquidating priority projects.
Social implications – The national economy and the masses suffer during military regime but are better off
during civilian regime.
Originality/value – Apart from adding to current literature, the work focused on a coverage period that
comprehensively compares two different regimes of government – military and civilian administrations.
Publication Title THE IMPACT OF FISCAL POLICY ON HUMAN DEVELOPMENT INDEX: EMPIRICAL EVIDENCE FROM NIGERIA’S DEMOCRATIC ERA
Publication Type journal
Publisher International Journal of Economics, Commerce and Management United Kingdom Vol. VII, Issue 2, February 2019
Publication Authors Imide, Israel Onokero, Imoughele, Lawrence Ehikioya
Year Published 2019-02-02
Abstract This study examined the effect of fiscal policy on Nigeria human development index (HDI)
during the democratic era (1999 -2016). The study employed the unit root and co-integration
tests, as well as the error correction model on the time series data. The r esult revealed that
HDI and selected fiscal policy variables included in the model have a long run relationship
during the period. The study also revealed that fiscal policy variables of domestic debt and
tax have direct and significant impact on Nigeria HDI both on the short and long run period;
total government expenditure has inverse and insignificant impact on Nigeria HDI both in the
short and long run. This meant that total government expenditure during the democratic era
has not improved the welfare of Nigerians. Furthermore, external debts has inverse and
insignificant impact on Nigeria HDI on the short run but had inverse and significant impact
on HDI on the long run. This implies that budget deficit financing by external debt does not
improve the welfare of Nigerians. The Cumulative Sum (CUSUM) and Cumulative Sum of
Squares (CUSUM Q) of the residual showed that Nigeria democratic system of government
from 1999 to date is stable. Therefore, the study recommended that government fiscal
policies should place greater emphasis on the principles of effective taxation aimed at promoting investment and growth of the HDI in the country and government should ensure
that total government expenditure on human development projects followed due process to
avoid leakages in the system.
Publication Title Measuring the Welfare Impact of Public Expenditure on Primary Healthcare Services in Rural Nigeria: A Benefit-Incidence Approach
Publication Type journal
Publisher Journal of Economics and Sustainable Development ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online)
Publication Authors Richardson, K. EDEME (PhD), Israel, O. Imide
Year Published 2014-09-09
Abstract In this study, attempt has been made to measure the welfare impact of government expenditure on primary
healthcare services in rural Nigeria employing the benefit-incidence approach. To do this data were generated
from the various healthcare centres located in Ika South Local Government Area from a combination of primary
and secondary sources. On the basis of the sample selected, households were decomposed into non-poor,
moderately poor and core poor. An analysis of the data generated depicts that the non-poor benefited more from
the public primary healthcare services. The low benefit accruing to the poor group is attributable to their relative
inaccessibility to access public healthcare in terms of drugs and consultatison. There is therefore the need for
proper implementation of primary healthcare policies to make them more pro-poor. In this regard, this paper
recommends that local governments should collaborate with community for drug revolving scheme. This is to
enable the poor in the rural areas have more access to genuine drug at affordable price. Most importantly, there
should be restructuring in public health expenditure pattern, focusing more on primary healthcare since this will
benefit more of the poor and vulnerable in the society. By so doing, their welfare would be greatly improved.
Publication Title Measuring the Welfare Impact of Public Expenditurer on Primary Healthcare Services in Rural Nigeria
Publication Type journal
Publisher Journal of Economics and Sustainable Development ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online) Vol.5, No.21, 2014
Publication Authors Richardson, K. Edeme 1 * Israel, O. Imide 2
Year Published 2014-02-02
Abstract In this study, attempt has been made to measure the welfare impact of public expenditure on primary healthcare
services in rural Nigeria employing the benefit-incidence approach. Primary and secondary data were generated
from various healthcare centres and samples selected from various localities in Ika South Local Government
Area of Delta state. From the sample selected, households were decomposed into non-poor, moderately poor and
core poor. An analysis of the data depicts that the non-poor benefited more from the public primary healthcare
services. The low benefit accruing to the poor group is attributable to their relative inaccessibility to access
public healthcare in terms of drugs and consultation. There is therefore the need for proper implementation of
primary healthcare policies to make them more pro-poor.
Publication Title Climate Change, Poverty and Income Inequality Linkage: Empirical Evidence from Nigeria
Publication Type journal
Publisher International Journal of Energy Economics and Policy
Publication Authors Evelyn Nwamaka Ogbeide-Osaretin 1 *, Bright Orhewere 2 , Oseremen Ebhote 3 , Sadiq Oshoke Akhor 4 , Israel O. Imide 5
Year Published 2022-02-02
Abstract There seems to be a vicious cycle between climate change and income inequality. Hence, this study examined the existence of a feedback relationship
between climate change and income inequality in Nigeria. The study employed an annual data series for the period from 1980 to 2020 which was
estimated with the Dynamic Ordinary Least Square. Income inequality was measured by Gini while climate change was captured by temperature. The
upshot of the study revealed that there is a feedback substantial connectivity between climate change and income inequality. The impact of climate
change on income inequality conformed to the U-shaped hypothesis. Other factors of climate change were population growth, economic development,
and emission of carbon dioxide. Hence, the study pertinently advocates and recommends effective population control, reduction of income inequality
through the provision of employment and education, and the supply of modern and efficient energy in the purse of economic growth and development.
Publication Title FINANCIAL CRISIS AND SUSTAINABLE DEBT MANAGEMENT IN NIGERIA, 1980 – 2017
Publication Type journal
Publisher International Journal of Social Sciences and Management Review
Publication Authors ISRAEL ONOKERO IMIDE (PH.D); RICHARDCHINYEOSADUME (PH.D, FCA); MELVIN U. EKO-RAPHAELS; BLESSING C. UZOMAH.
Year Published 2018-10-10
Abstract The study examined the effect of financial crisis and sustainable debt management in Nigeria.
The main objective of the study is to examine financial crisis and sustainable development in
Nigeria. The model built for the study has sustainable debt management (SDM) as
endogenous variable and exogenous variables wasfinancial crisis (FINCR) proxied by
financial Deepening (Bank Deposit to GDP ratio). Annual time series data were gathered
from the Central Bank of Nigeria Statistical Bulletins from 1980 to 2017. The techniques
used for analysis are the Ordinary Least Square Techniques, the Augmented Dickey Fuller
Unit Root Test Techniques and the Co-integration Test. The econometric techniques of
Ordinary Least Squares (OLS) results show that a positive and significant relationship exists
between FINCR and SDM in the short and long run periods. The study concludes that there is
a significant relationship between financial crisis and sustainable debt management in Nigeria
and recommends government’s reduction of its over-dependence on other global economies
for goods and services importation and development of its productive base to facilitate export
trade.