Browsing by Author "Olatokunbo, Oluwayemisi"

Now showing 1 - 6 of 6
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    Billing Methods and Electricity Consumption: Tale of Two Nigerian Cities
    (Nigerian Journal of Economic and Social Studies, 2013) Olatokunbo, Oluwayemisi
    Prepaid meters are a relatively new innovation adopted by the Power Holding Company of Nigeria as part of its power supply programme for energy saving. It is a mechanism that changes the attitudes of users towards electricity usage. Studies have shown that a prepaid meter reduces electricity consumption. This study investigates the comparative advantage of the prepaid system over the conventional billing method using a survey technique to find out the preference of the households in Nigeria as a whole. Empirical evidence from the study shows that the adoption of the prepaid meter mechanism will reduce the electricity consumption of users. The study suggests the introduction and acceptance of the prepaid meter as a measure for the conservation of energy.
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    A Comparative Study of Consumers' Billing Methods and Electricity Consumption in Ogun and Osun State, Nigeria
    (Redeemer's University Journal of Management and Social Sciences, 2013) Olatokunbo, Oluwayemisi
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    Growth Elasticity of Poverty in Nigeria: Empirical Analysis
    (Global Business & Economics Anthology, 2021-12) Olatokunbo, Oluwayemisi
    This Study examined growth elasticity of poverty in Nigeria, using elasticity procedure with data from the 2020 world bank world development indicators and nigerian national bureau of statistics(2020), covering the period 1992 to 2019. the findings showed 77.1% of the GEP coefficients as positive; signifying failure of economic growth to alleviate poverty in the country. it is therefore imperative for Nigeria to initiate and implement policies covering employment generation, good governance, reduction in all forms of inequalities, functional education, among others for growth to engender poverty reduction among the citizens.
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    Impact of Prepayment Metering Arrangement on Electricity Consumption in Nigeria: Case Study of the Redemption Camp, Mowe, Ogun State and Osogbo Town, Osun State
    (2012) Olatokunbo, Oluwayemisi
    This study analyses the impact of prepayment metering arrangement in the Redeemed Christian Church of God, Redemption Camp, Mowe, and Osogbo in Osun State, between March and December 2011. The prepaid meter was introduced mainly to achieve projected energy saving, particularly for electric lighting. Studieshave shown a reduction in electricity consumption which is achieved with an increase in the tariff price of the electricity. This study investigates the comparative advantage of the prepaid system over the conventional billing method using primary data for the prepaid meter and billing/ conventional meter in order to understand the preference of Nigerian households as a whole. The stratified sampling method was used to sample the different categories of households while data collected were analysed using descriptive and econometric methods. Also, the descriptive approach was used to shed more light on the nature of consumer responses. The econometric estimate was obtained using an Ordinary Least Square Multiple Regressions to analyse the energy consumption patterns of the consumer. 63 64 Enagyrechnology andInfrastructureforDeyelopment In the analysis, behaviours of the households were captured to examine the efficiency of electricity usage. The results of the analysis indicate that the adoption of the prepaid meter mechanism along with a high tariff structure reduced electricity consumption in the household The study suggests, one, the need for Nigeria to accept prepaid meter as a means of conserving energy, and, two, to take another look at the tariff structure of the electricity sector.
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    The Impact of Selected Economic Indicators on Crime in Nigeria
    (Redeemer's University Journal of Management and Social Sciences, 2013) Olatokunbo, Oluwayemisi
    The study was designed to analyse the effects of socio economic determinants of crime in Nigeria by estimating the impact of poverty, unemployment and internal security on crime series from 1981 — 2006. The co — integration and parsimonious error correction model was used to examine the short and long run relationship between the variables. Also Granger causality tests was undertaken to determine the direction of causality between crime and the variables. The analysis provided evidence of a long run relationship among crime, poverty, unemployment and internal security/ and a unidirectional causality existed between crime and poverty and internal security, there seemed to be no causal relationship between crime and unemployment. The study recommended implementation/ monitoring of the existing programmes/ policies geared towards reducing poverty and unemployment while also increasing protective services.
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    International Migration and Labour Force Participation Rate: Evidence from Sub-Saharan Africa
    (Redeemer’s University Journal of Management and Social Sciences,, 2021) Olatokunbo, Oluwayemisi
    In recent time, the development of international migration as a simple essential feature of nearly all developed countries gave an indication to the strength and stability of the fundamental issue. Previous studies also established that migrant workers play a significant role in the labour market and contribute to the economies and societies of both their homes and destination countries. It is in the light of this that the study examined the interaction between international migration and labour force participation rate in sub-Saharan Africa (SSA) from 1990-2018. The study employed system Generalized Method of Moment to analyse a panel data of 46 SSA countries using variables such as net migration, international migrant stock (total), net remittances, labour force participation rate (total) and other control variables. Data were sourced from World Bank Development Indicator (2018). Results showed that net migration in the receiving countries has a significant positive relationship with labour force participation rate while the number of international migrant in the countries of origin revealed a significant negative relationship with the labour force participation rate. The findings further revealed that net remittances inflow has a significant negative relationship with labour force participation rate of the countries of origin. The study based on the findings, recommended that policy should be put in place to control the number of immigrants’ job seekers entering the sub-region which can spur unemployment for the receiving countries. Also inflow of remittances should be discouraged as a means of reducing migration outflow as the long run effect can trigger reduction in the labour force participation rate in sub-Saharan African countries.