Browsing by Author "BAMIGBADE, Dayo"
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Item Assessment of Personal Income Tax Knowledge among the University of Ilorin Staff(Department of Accounting & Finance and Business Administration, Fountain University, Osogbo, 2018-04) SALAM, Mudathir Olanrewaju; KASUM, Abubakar Sadiq; BAMIGBADE, Dayo; ABOGUN, SegunTaxpayers’ knowledge of what constitutes taxable income, claimable tax reliefs and allowance and applicable tax rates reduces uncertainty within the tax system. Inadequate knowledge of the tax system may affect tax compliance adversely. This study assesses personal income tax knowledge among the University of Ilorin Staff. Using proportional stratified random sampling technique, sample size of three hundred and sixty five (365) staff was chosen from both academic and non-academic staff. Data was collected through the use of a structured questionnaire; the study applies both descriptive and inferential statistics. The Mann-Whitney U and Kruskal-Wallis tests were used in testing the hypotheses of the study. Results indicate that staff of the University of Ilorin have relatively low knowledge of personal income tax. However, the personal income tax knowledge of the non-academic staff is higher than academic staff. The personal income tax knowledge of males and female staff are the same and also, there is significant difference in personal income tax knowledge levels across four different educational qualifications of the staff. Based on the findings, it is recommended that State Internal Revenue Service, which is charged with the responsibility of administering the personal income tax in Nigeria, should provide adequate personal income tax education to taxpayers.Item Determinants of Gross Domestic Savings in Nigeria(Department of Accountancy, Faculty of Management Sciences , Enugu State University of Science & Technology, 2020) ABDULMUMIN, Biliqees A; OLANIYAN, Temitayo O; BAMIGBADE, DayoWe examine the long-run and short-run determinants of gross domestic savings in Nigeria over the period 1987 to 2019. The importance of macro-financial characteristics in determining the level of domestic savings. The study employed the ARDL cointegration procedure in the estimation and it confirms the presence of a long-run cointegrating relationship between domestic savings and its determinants. The results show that remittances and financial development are significant financial determinants of gross domestic saving in Nigeria. Other determinants are the growth of real per capita income, age dependency ratio, fiscal deficit, and deposit interest rate. Therefore, these important determinants of saving accumulation in Nigeria should not be ignored by policymakers in formulating capital accumulation policies. This study recommends that the need for government policies aimed at leveraging cash flows to facilitate capital accumulation savings and investment. Moreso, the interest rate policy should take market conditions and public requirements into consideration when determining interest rates. Furthermore, there is the need to create a conducive environment for receiving remittances by promoting financial development.Item Economic Implications of Climate Change and the Imperative of Re-Directing Financial Resources in Nigeria(British Academic Journals, 2011-11) YAHAYA, Khadijat Adenola; SALAM, Mudathir Olanrewaju; BAMIGBADE, DayoNigeria like other countries of the world is faced with the challenges of ensuring sustainable environmental development through economic policies and governmental activities. According to the Organization of Economic Cooperation and Development (OECD), economic dangers and losses arising from climate destabilization could cause the global economy up to $970 billion. This paper therefore examined the economic implications of climate change in Nigeria. Relevant literature was reviewed and secondary data was collected. Based on the available information, it was recommended that government and its agencies should utilize effectively the available financial resources and embank on environment friendly projects and activities in order to achieve sustainable development.Item A Study of Activity Based Costing on the Performance of Private Firms in Kwara State(College of Management Sciences, Al-Hikmah University, Ilorin, Nigeria, 2013-06) SALAM, Mudathir Olanrewaju; OSEMENE, Olubunmi Florence; BAMIGBADE, DayoThis study attempts to establish the level of awareness and adoption of activity-based costing by private firms in Kwara State, Nigeria and also to determine the relationship between organisational performance and activity-based costing. Copies Questionnaire were administered to 45 private firms in Kwara State. Simple regression model and Z-test statistical techniques were employed to analyse the data collected. The results reveal that private firms in Kwara State are aware of activity-based costing method and that there is a relationship between activity-based costing and organisation performance. The study recommends that private firms should be encouraged to adopt activity-based costing beyond purely product costing to a varied range of cost management applications, such as stock valuation, product or service pricing, out decisions, cost reduction, budgeting, new product or service design, customer profitability analysis, performance measurement and cost modelling.