Browsing by Author "Mobolaji, H. I."

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    An Evaluation of Savings Culture among Commercial Motorcyclists in Nigeria: A Case Study.
    (University of Ilorin, Nigeria, 2013) Arosanyin, G. T.; Olowosulu, A. T.; Oyeyemi, G. M.; Mobolaji, H. I.
    This is an empirical study that examined the savings culture among commercial motorcyclists in Nigeria using data from a University setting in Northern Nigeria. The study employs both stepwise regression method and binary response as estimation techniques. It was found that over 80% of the operators actually saved during the study period. However 70% of the operators saved outside the formal banking system, indicating possibility of financial exclusion. Savings was also found to be positively related to earnings but inversely related to age. A full time operator as odds of savings 8.594 times as part time operator. The study concludes that more regulatory framework that enhances earning capacity of the operators would also enhance savings among them.