THE EFFECTS OF GLOBAL FINANCIAL CRISIS ON JOB INSECURITY IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The study examined the effects of global financial crisis on job insecurity in Nigeria. The other objectives set for the study are to ascertain the causes and effects of global financial crisis in the Nigeria using a case study of ECOBANK PLC. Primary data relating to the number of workers retrenched, profitability and turnover were collected from the Statistics Department of ECOBANK PLC. Also, the study made use of a well-constructed, validated and reliable questionnaire to collect data from randomly selected employees of the bank. The multiple regression analysis and the chi-squared technique were employed to analyze the collected data. The results indicated that profitability and turnover, which were proxies of global financial crisis, were statistically significant on job insecurity, which was proxied by the number of employees retrenched, in the pre-global financial crisis period and post-global financial crisis period. In furtherance, the study discovered that high credit culture, inadequate regulatory framework for financial institutions, high incidence of fraud, high financial outflow amongst others are the significant causes of global financial crisis in Nigeria. Also, the results unveiled that oil glut, declined GDP, increased rates of poverty and unemployment, declined foreign direct investment amongst others are significant effects of global financial crisis in Nigeria. To this end, the study suggested that employment friendly and employment growth strategies should be formulated to mitigate the pervasiveness of job insecurity in Nigeria.
Related Project Materials
DESIGN AND IMPLEMENTATION OF WIRELESS VOICE OVER INTERNET PROTOCOL
AIM AND OBJECTIVES
The primary aim of this project work is to provide lasting solution to the problem by co...
THE IMPACT OF TAXATION AS AN AID TO ECONOMIC DEVELOPMENT IN ENUGU STATE
ABSTRACT
The purpose of this study is to find out if actually there is an impact of taxation as aid to...
CORPORATE GOVERNANCE AND ITS IMPACT ON FINANCIAL MANAGEMENT PRACTICES
Abstract: CORPORATE GOVERNANCE AND ITS IMPACT ON FINANCIAL MANAGEMENT PRACTICES
This research explores the impact of corporate governance...
BUILDING MAINTENANCE IN NIGERIA: STRUCTURAL DETERIORATION, INVESTIGATION OF CAUSES AND REMEDIES
ABSTRACT
This study examined building maintenance in Nigeria: structural deterioration, investigation o...
THE IMPACT OF DRUG ABUSE ON TONE OF DISCIPLINE IN SECONDARY SCHOOLS IN NIGERIA
Background to the Study
From independence, the secondary school system of education in Nigeria experien...
THE ROLE OF INFORMATION SYSTEMS IN DECISION-MAKING PROCESSES
THE ROLE OF INFORMATION SYSTEMS IN DECISION-MAKING PROCESSES
Abstract: This study aimed to explor...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN DEVELOPING SPATIAL SKILLS
ABSTRACT: The role of early childhood education in developing spatial skil...
THE EFFECT OF TEACHING AND LEARNING ENVIRONMENT ON THE ACADEMIC PERFORMANCE OF THE PUPILS IN SELECTED PRIMARY SCHOOL
ABSTRACT
This research project is based on “The Effect of Teaching and Learning environment on th...
EFFECTS OF ELECTORAL VIOLENCE ON THE POLITICAL DEVELOPMENT OF KOGI STATE (2015-2020)
Background of the study
Elections are regarded as the beating heart of any democracy. Jinadu (2019) ass...
EFFICACY OF FLIPCHART IN THE TEACHING AND LEARNING OF SOCIAL STUDIES IN SOME SELECTED SECONDARY SCHOOLS
Abstract
The study examined the effect of flip chart instruction on the academic performance of Junior Secondary School Students who were...
