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1 – 10 of over 1000
Article
Publication date: 21 October 2021

Olatoye Ojo, Daniel Ibrahim Dabara and Michael Tolulope Adeyemi Ajayi

This study examined the performance of commercial and residential real estate investments in the Ibadan property market to provide information for investment decisions.

Abstract

Purpose

This study examined the performance of commercial and residential real estate investments in the Ibadan property market to provide information for investment decisions.

Design/methodology/approach

The study used a mixed research design (qualitative and quantitative). Data were obtained employing in-depth interviews with randomly selected sixteen estate surveyors and valuers practising in the Ibadan property market. Data for the study were analysed using the phenomenological thematic content analysis. Similarly, data on rental and capital values were translated to income, capital and holding period returns. The Kwiatkowski–Phillips–Schmidt–Shin (KPSS) and Philip–Perron (PP) models were used for unit root analysis. Ordinary least square (OLS) regression model was used to test for inflation-hedging characteristics, and the Granger causality tests were carried out to analyse the causal relationship between the variables.

Findings

The study revealed that the Ibadan property market is still immature. For the return components, the study found that the Ibadan property market provided mean holding period returns of 10.82%, 14.31 and 8.29% for office, shop and residential property types, respectively. The study also revealed that the selected property types are perverse hedges against inflation. Similarly, the study showed a unidirectional causal relationship between inflation and returns on the selected property types.

Practical implications

Results of this study revealed the peculiar nature of the Ibadan property market; findings from the survey can be used as a guide for investment decisions by foreign and domestic investors. Shrewd investors can take advantage of the high returns provided by the real estate assets in the Ibadan property market (by investing in the property market) to obtain high returns and expand their investment portfolio.

Originality/value

This study is the first to examine, in an eclectic and comparative context, the performance of commercial and residential properties in the Ibadan property market from the perspective of its market maturity level, returns profile, as well as its inflation-hedging characteristics. Findings from the study will equip both individual and institutional investors with valuable information for investment decisions.

Details

Property Management, vol. 40 no. 2
Type: Research Article
ISSN: 0263-7472

Keywords

Article
Publication date: 1 April 1990

L.O. Nwali

The importance of research in appreciating the problems of libraries and the hypothesis examined in this study are described. The historical background of the Ibadan Polytechnic…

Abstract

The importance of research in appreciating the problems of libraries and the hypothesis examined in this study are described. The historical background of the Ibadan Polytechnic and the objectives of the library makes for better understanding of the academic environment of this study. The methodology used is described. Ten tables which emanated from this research are analysed and discussed. Recommendations and conclusions are given for the improvement of resources, facilities and services for the good of the Ibadan Polytechnic students.

Details

Aslib Proceedings, vol. 42 no. 4
Type: Research Article
ISSN: 0001-253X

Article
Publication date: 1 March 1994

Olatunde R. Adeniran, Thomas A. Adigun, Mathew I. Okoh and O.T. Eyitayo

A study was conducted to find out the types of CD products in Nigerian libraries and information centres, and the uses to which they are being put. The study also tried to find…

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Abstract

A study was conducted to find out the types of CD products in Nigerian libraries and information centres, and the uses to which they are being put. The study also tried to find out the sources of funding of such products, information about users, hardware configuration, and training facilities available in the country. Of the 157 questionnaires sent out, 85 usable returns (a 54% response rate) were received. The analysis revealed that 44 libraries had at least one PC with only nine of such centres having at least one CDROM workstation. There are 62 copies of 43 CD titles in Nigeria. Information on the discs is classified as bibliographic, full text, statistical, or general information. The subjects they cover in descending numeric order are agriculture, general reference, medicine, science and technology, social sciences, and education. Areas of applications include information retrieval, bibliographic compilations, current awareness services, library acquisition work, and downloading and uploading to local online databases. In general, CD use was minimal in most libraries as opposed to information centres where CD applications were well used by patrons, especially where the mass media was employed to advertise them. Most libraries funded their CD projects with their local budgets. The most frequently used computers are IBM or compatibles. Recommendations are also outlined.

Details

The Electronic Library, vol. 12 no. 3
Type: Research Article
ISSN: 0264-0473

Article
Publication date: 11 September 2017

Gbemiga Bolade Faniran, Abel Omoniyi Afon and Olanrewaju Timothy Dada

The purpose of this paper is to investigate the management of solid waste during monthly environmental sanitation exercise in different residential areas of Ibadan municipality…

Abstract

Purpose

The purpose of this paper is to investigate the management of solid waste during monthly environmental sanitation exercise in different residential areas of Ibadan municipality, Nigeria. The study also examined how the government performed its responsibility during the exercise. This is expected to assist in improving the conduct of sanitation exercise in one of Africa’s populous indigenous settlement, Ibadan.

Design/methodology/approach

Collection of data for the study was through participant observation, administration of questionnaire, and interview. As a way of participating and observing, the authors were involved in the conduct of the exercise in the different residential areas of Ibadan municipality. Questionnaire was administered on respondents drawn from one of every ten buildings (10 percent) in the study area using systematic sampling technique. A respondent (preferably a household head) was surveyed from a floor of selected residential building. A total of 367 copies of questionnaire were completed and returned for analysis. Information provided in the questionnaire was analyzed using both descriptive and inferential statistics. Interview was conducted to collect information from the head of environmental sanitation unit in each of the five local government areas of Ibadan municipality.

Findings

The most widely used medium of storing solid waste was the polythene bag, which accounted for 22.8 percent of all the storage receptacles and was employed by 50.4 percent of the residents. Similarly, residents employed a combination of waste disposal methods which included burning, and dumping in the drains, river banks and on vacant plots. Methods of solid waste storage and disposal varied across the different residential areas of Ibadan municipality. It was established that despite the huge amount of money expended on the collection of solid waste during the exercise, only government-owned vans constituted less environmental health hazard.

Practical implications

It would assist in evaluating the success and failure of the monthly environmental sanitation exercise. It would also reveal to policy makers’ direction to which policy initiative should focus. Findings of the study could serve as a guide for the management of solid waste from similar exercises in countries of the developing world with similar socio-economic and environmental sanitation practices.

Originality/value

Presented in this paper are results of an investigation into solid waste management during monthly environmental sanitation exercise in Ibadan municipality, Nigeria. The study was an attempt at examining the different storage and disposal methods employed by households in the management of solid waste during the exercise. It also revealed what is committed financially into the collection and transportation of solid waste for final disposal during the exercise by government.

Details

Management of Environmental Quality: An International Journal, vol. 28 no. 6
Type: Research Article
ISSN: 1477-7835

Keywords

Book part
Publication date: 25 September 2012

Andrew Onwuemele

Purpose – Flooding has become a recurring phenomenal in most cities in Nigeria. The 26 August 2011 flooding disaster which occurred in Ibadan is only an indication of magnitude of…

Abstract

Purpose – Flooding has become a recurring phenomenal in most cities in Nigeria. The 26 August 2011 flooding disaster which occurred in Ibadan is only an indication of magnitude of flooding problem in Nigerian cities. This chapter examines the impacts, vulnerability factors and disaster risk management framework in Ibadan metropolis.

Methodology/Approach – The survey design was used for the study and covers eleven local government areas (LGAs) affected by the flood. The study utilized both primary and secondary data. The primary data were obtained by physical observation and in-depth interview of affected households. In-depth interview was also carried out with key officials of State Ministry of Environment and Housing. The study also relies on the data from the Oyo State Government Task Force on Flood Prevention and Management report.

Findings – The chapter shows that the 26 August 2011 flood disaster in Ibadan metropolis caused monumental destructions in the city. The continuous construction on flood plains, indiscriminate dumping of refuse, excessive rainfall and deforestation were identified as the main vulnerability factors. The chapter shows that there is no adequate framework for disaster risk management in the city.

Research limitations – About 250 affected households in 11 LGAs were interviewed for the study due to time and budget constraints. This figure is considered meagre considering the number of affected households by the flood disaster. However, the random selection of affected households and key government officials helped to address this limitation.

Originality/value of chapter – The simultaneous identification of impacts, vulnerability factors and disaster risk management framework in the city provides an opportunity for the development of a holistic and proactive disaster risk management strategy in Ibadan metropolis.

Details

Urban Areas and Global Climate Change
Type: Book
ISBN: 978-1-78190-037-6

Keywords

Article
Publication date: 23 January 2023

Osagie Oseghale

The purpose of this paper is to assess the level of digital information literacy (DIL) skill and use of electronic resources by humanities graduate students at Kenneth Dike…

Abstract

Purpose

The purpose of this paper is to assess the level of digital information literacy (DIL) skill and use of electronic resources by humanities graduate students at Kenneth Dike Library, University of Ibadan, Nigeria.

Design/methodology/approach

This paper uses the survey research design and 200 graduate students from the 12 departments that made up the Faculty of Arts in the University of Ibadan participated in the study. A self-devised structured questionnaire was used as instrument for data collection. A pilot questionnaire was first sent to a small random sample of the respondents, with feedback used to fine-tune the final questionnaire. Respondents were requested to rate their level of proficiency in the use of digital devices, web-based tasks, information finding, evaluation and utilisation of available e-resources and challenges encountered. Ethical consideration of informed consent, institutional permission, confidentiality and anonymity of participants was strictly followed. Data collected were analysed and result presented using descriptive statistics including frequencies, percentage, mean and inferential statistics such as regression analysis and Pearson’s product moment correlation coefficient were used to test the research question and hypothesis, respectively.

Findings

Humanities graduate students at the University of Ibadan possessed high level of DIL skills in respect of digital devices usage, web-based tasks, information finding and evaluation, but low in e-resources utilisation. This study identified inadequate knowledge of e-resources availability, irregular internet access, inadequate training on e-resources utilisation, inadequate staff assistance, lack of continuity in e-resources subscription and paucity of local contents in the e-resources as main challenges encountered by graduate students in the use of e-resources. To ensure that those who can most benefit from e-resources utilisation are not further marginalised, this study recommends that active steps should be taken to increase e-resources awareness, regular internet access, training/support, continuity of e-resources subscription and increased local content so that all may benefit from the opportunities of the information age.

Originality/value

This paper has demonstrated that DIL skills can enhance effective utilisation of e-resources if users have adequate knowledge of e-resources availability, regular internet access, adequate training and assistance on e-resources utilisation, continuity in database subscription and adequate local contents e-resources.

Article
Publication date: 19 September 2019

Wenchao Wu, Hsiaoping Chien, Takeshi Sakurai and Satoru Muranaka

The purpose of this paper is to examine the asymmetry of vertical price transmission (i.e. from the wholesale to the retail market) in the Nigerian cowpea market and identify its…

Abstract

Purpose

The purpose of this paper is to examine the asymmetry of vertical price transmission (i.e. from the wholesale to the retail market) in the Nigerian cowpea market and identify its causes.

Design/methodology/approach

The authors surveyed 19 markets in Kano and Ibadan from 2012 to 2015. The autoregressive distributed lag model and asymmetric error correction model were adopted to test the asymmetry of vertical price transmission.

Findings

Results suggest that price transmission in Kano is symmetric, but it is asymmetric in Ibadan. This distinction is caused by the differences in the market structure (in terms of competition level, inventory period and transaction cost) of these cities.

Originality/value

This is the first study to empirically investigate the vertical price transmission in two Nigerian cowpea markets. It is also the first to reveal the role of the market structure in price transmission through a comparison of two markets. The findings provide policy implications and will help create a more efficient food market in Nigeria.

Details

British Food Journal, vol. 121 no. 11
Type: Research Article
ISSN: 0007-070X

Keywords

Article
Publication date: 23 October 2020

Ayokunle Olumuyiwa Omobowale, Olufikayo Kunle Oyelade, Mofeyisara Oluwatoyin Omobowale and Olugbenga Samuel Falase

The index case of COVID-19 in Nigeria was reported on 27 February 2020. Subsequently, the exponential increase in cases has brought about the partial and total lockdown of cities…

Abstract

Purpose

The index case of COVID-19 in Nigeria was reported on 27 February 2020. Subsequently, the exponential increase in cases has brought about the partial and total lockdown of cities, the closure of all schools and the shutdown of government offices in order to curtail the spread of COVID-19. COVID-19 and its subsequent drastic curtailment policies have implications on vulnerable groups, especially, informal workers who constitute about 70% of the active working population in Nigeria. This reflective discourse critically engages the plight of informal workers in the context of the COVID-19 pandemic in Nigeria.

Design/methodology/approach

The research was guided by the epistemology of pandemic interpretationism. It engages contextual reflections of the plight of economically vulnerable informal workers in Nigeria. Data were collected from secondary sources while rapid case studies were conducted with ten informal workers in Lagos and Ibadan. Afterwards, data were contextually analysed.

Findings

Economically vulnerable informal workers in Nigeria have contextually interpreted COVID-19 as an elite disease, imported into Nigeria by the wealthy. In addition, the mass population views COVID-19 containment measures such as lockdowns, movement restrictions and stay-at-home orders as elitist policies, which are aimed at protecting the wealthy and frustrating the poor and economically vulnerable who live on the fringes of poverty. Many informal workers have slipped below the poverty line while struggling to supply livelihood needs, as they were unable to earn daily income and cannot access palliatives. Consequently, they are of the opinion that “Hunger Virus is deadlier than Corona Virus”.

Originality/value

This paper is a contextual reflection on the plight of economically vulnerable informal workers during the COVID-19 pandemic lockdown and movement restrictions in Nigeria. It presents pandemic interpretationism as an epistemological guide and reflectively examines the poverty impact of COVID-19 on the Nigerian informal sector via contextual analyses of secondary data and rapid case studies. The paper uncovers various COVID-19 livelihood experiences and the responses of the informal workers; furthermore, it provides policy recommendations.

Details

International Journal of Sociology and Social Policy, vol. 40 no. 9/10
Type: Research Article
ISSN: 0144-333X

Keywords

Open Access
Article
Publication date: 11 January 2024

Adewale Allen Sokan-Adeaga, Godson R.E.E. Ana, Abel Olajide Olorunnisola, Micheal Ayodeji Sokan-Adeaga, Hridoy Roy, Md Sumon Reza and Md. Shahinoor Islam

This study aims to assess the effect of water variation on bioethanol production from cassava peels (CP) using Saccharomyces cerevisiae yeast as the ethanologenic agent.

Abstract

Purpose

This study aims to assess the effect of water variation on bioethanol production from cassava peels (CP) using Saccharomyces cerevisiae yeast as the ethanologenic agent.

Design/methodology/approach

The milled CP was divided into three treatment groups in a small-scale flask experiment where each 20 g CP was subjected to two-stage hydrolysis. Different amount of water was added to the fermentation process of CP. The fermented samples were collected every 24 h for various analyses.

Findings

The results of the fermentation revealed that the highest ethanol productivity and fermentation efficiency was obtained at 17.38 ± 0.30% and 0.139 ± 0.003 gL−1 h−1. The study affirmed that ethanol production was increased for the addition of water up to 35% for the CP hydrolysate process.

Practical implications

The finding of this study demonstrates that S. cerevisiae is the key player in industrial ethanol production among a variety of yeasts that produce ethanol through sugar fermentation. In order to design truly sustainable processes, it should be expanded to include a thorough analysis and the gradual scaling-up of this process to an industrial level.

Originality/value

This paper is an original research work dealing with bioethanol production from CP using S. cerevisiae microbe.

Highlights

  1. Hydrolysis of cassava peels using 13.1 M H2SO4 at 100 oC for 110 min gave high Glucose productivity

  2. Highest ethanol production was obtained at 72 h of fermentation using Saccharomyces cerevisiae

  3. Optimal bioethanol concentration and yield were obtained at a hydration level of 35% agitation

  4. Highest ethanol productivity and fermentation efficiency were 17.3%, 0.139 g.L−1.h−1

Hydrolysis of cassava peels using 13.1 M H2SO4 at 100 oC for 110 min gave high Glucose productivity

Highest ethanol production was obtained at 72 h of fermentation using Saccharomyces cerevisiae

Optimal bioethanol concentration and yield were obtained at a hydration level of 35% agitation

Highest ethanol productivity and fermentation efficiency were 17.3%, 0.139 g.L−1.h−1

Details

Arab Gulf Journal of Scientific Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-9899

Keywords

Article
Publication date: 10 June 2014

Oluseyi Joshua Adegoke

This paper adds to the emerging knowledge base in the Nigeria and is of relevance to all residential property stakeholders. A number of empirical studies have demonstrated that…

1880

Abstract

Purpose

This paper adds to the emerging knowledge base in the Nigeria and is of relevance to all residential property stakeholders. A number of empirical studies have demonstrated that several factors influence residential property values. However, there is a paucity of empirical research on critical factors influencing rental value of residential property in Nigeria. The purpose of this paper is to serve to address this gap by examining critical factors influencing rental value of residential property in the three densities area of Ibadan metropolis, Nigeria.

Design/methodology/approach

The study used random sampling to select 624 residential properties out of 3,120 residential properties in the portfolio of 52 Estate Surveying and Valuation firms located within Ibadan metropolis, Nigeria. Data collected were analysed using a hedonic pricing specification.

Findings

The results show that different critical factors influences rental values of different types of building in different residential densities. Number of bathroom (NOB), number of living room (NOL) and existence of burglar alarm (EOBA) were critical to bungalow in the whole area of Ibadan while number of toilet (NOT) was critical to duplex. In low-density area; residential location and EOBA have a significant positive impact on rental value of bungalow while NOT, NOBs (NOR), NOL and EOBA have a significant positive impact on detached house. However, it was NOR and EOBA that were critical in the medium density to bungalow.

Practical implications

The study concluded that each of the residential densities is homogenous and, therefore, every residential property stakeholders should recognise the importance of each factor on rental values so that their valuation estimates will be useful and reliable.

Originality/value

The study is one of the few attempts at examining factors affecting residential property value. This paper examined critical factors influencing rental value of residential property in the three densities area of Ibadan metropolis, Nigeria.

Details

Property Management, vol. 32 no. 3
Type: Research Article
ISSN: 0263-7472

Keywords

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