The Nigerian Journal of Business and Social Sciences
https://jsrd.unilag.edu.ng/index.php/njbss
en-USThe Nigerian Journal of Business and Social SciencesInfluence of packaging on consumer purchase decisions of cereal-based fast-moving consumer goods
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2655
<p style="text-align: justify; text-justify: inter-ideograph; margin: 0in 0in 12.0pt 0in;"><span style="font-size: 11.0pt;">The cereal-based fast-moving consumer goods (FMCG) market in Lagos State, Nigeria, is experiencing rapid growth, driven by a rising middle class and increasing consumer awareness. Packaging has emerged as a key factor influencing consumer buying behaviour in this competitive environment. This study investigated the impact of packaging, specifically colour and background imagery on consumer purchase decisions in Lagos State, using Nestlé's Golden Morn as a case study. Guided by the Theory of Planned Behaviour and Cue Utilisation Theory, the study adopted a descriptive survey design. Primary data were collected through a structured questionnaire administered to 133 consumers, selected through purposive and simple random sampling across retail outlets in Lagos State. Data were analysed in SPSS using descriptive statistics and correlation analysis to evaluate the relationships between packaging attributes and consumer purchase decisions. Findings revealed a strong positive correlation between packaging colour and consumer purchase decisions (r = 0.659, p < 0.001) and an even stronger correlation with background imagery (r = 0.685, p < 0.001). These results align with observed consumer behaviour in Lagos retail spaces, where packaging often serves as the first interaction between the product and the buyer. Beyond visual appeal, packaging communicates quality, trust, and brand identity. The study recommends that cereal-based FMCG brands adopt packaging strategies that are visually engaging and culturally relevant to their target audience to enhance product visibility, influence purchasing decisions, and encourage long-term customer loyalty.</span></p>Sekinat Arike Sanni-Bamigbade
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-11-072025-11-07121111Management Accounting Techniques and the Quality of Financial Reporting in Manufacturing Firms in Nigeria
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2656
<p>This study investigated the effect of management accounting techniques on the quality of financial reporting (QFR) in Nigerian manufacturing firms. The broad objective was to examine how management accounting techniques affected the quality of financial reporting in Nigerian manufacturing firms. It also examined the mediating roles of managerial perception, organisational culture, and information systems. Using a survey-based research design, the study employed a purposive sampling method to select 200 finance professionals. The key findings showed that organisational culture (B=0.296, p=0.000) and information systems (B=0.440, p=0.036) have a significant positive impact on QFR. Conversely, management practices (B = -0.102, p = 0.620) had an insignificant effect. The important constant indicated that other unexamined factors also influence QFR. The study concluded that digital accounting technologies and an ethical corporate culture are crucial for improving financial reporting. The study recommended that manufacturing firms should focus on strengthening organisational culture, aligning management practices, and implementing advanced information systems. Specifically, it is essential to invest in technologies like blockchain, AI-powered financial tools, and Enterprise Resource Planning (ERP) systems to improve reporting accuracy and timeliness. Overall, the study provided valuable contributions to the literature on financial reporting quality and offers practical implications for stakeholders seeking to optimise reporting processes in a dynamic business environment.</p>Taiwo Omolade Owoeye
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-11-072025-11-071211222Medical social workers' role in alcohol and drug abuse control in Olorunda Local Government Area of Osun State, Nigeria
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2659
<p style="margin: 0in; text-align: justify;"><em><span style="font-size: 11.0pt; color: #0e101a; font-style: normal;">This article examined the role of medical social workers in curtailing alcohol and drug consumption in Olorunda Local Government Area of Osun State</span></em><em><span style="font-size: 11.0pt; color: #0e101a;">.</span></em><span style="font-size: 11.0pt; color: #0e101a;"> It employed a qualitative research design, adopting the Key Informant Interview (KII) strategy. Five (5) participants were randomly selected for the interview among community leaders, medical social workers, NDLEA officials and top civil servants working in the Primary Health Centres (PHCs) in the Local Government Area. The justification for limiting the number to only five (5) was that they were key informants who could provide credible information on the topic under investigation<em><span style="font-style: normal;">. Even though medical social workers performed credibly well in the course of performing their legitimate duty, the</span> </em></span><span style="font-size: 11.0pt;">article highlights the significant challenges faced by medical social workers, including inadequate recognition, poor remuneration, and a lack of support from other professionals to complement their efforts in curtailing alcohol and drug abuse in Nigeria. <em><span style="color: #0e101a; font-style: normal;">The study recommends</span></em> better integration of social work into healthcare systems, along with adequate welfare packages for workers, to motivate them to be more proactive in the performance of <em><span style="color: #0e101a; font-style: normal;">their statutory functions in Nigeria. </span></em></span></p>Rasheed Obasekore GarubaKolawole Lateef Kazeem
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-11-072025-11-071212334Asymmetric Effects of Oil Price on Health Expenditure in Some Selected OPEC Countries
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2661
<p>Oil prices affect economic activity, especially for countries that rely on oil revenue for budgeting. Whenever the price of oil affects a country, expenditure on economic activities is affected through budgetary allocation. A negative change in oil prices not only affects economic allocation but may also lead to deficit financing, and other sectors of the economy may be affected as well. Therefore, this study examined the asymmetric effects of oil prices on health expenditure in selected OPEC countries (United Arab Emirates, Saudi Arabia, Iraq, Nigeria, and Algeria). These countries are the world's top oil producers and spend less than 6% of their Gross Domestic Product (GDP) on healthcare. The study relied on demand for health theory to structure the estimation models. Data were retrieved from 2000 to 2022 for empirical analysis from the World Development Indicators (WDI, 2023) and the World Bank Commodity Price Data (WCPD, 2023). The study used Welch's T-test, panel autoregressive distributed lag (ARDL) and panel non-linear autoregressive distributed lag (NARD) to estimate models. The results showed that the burden of health expenditure fell more heavily on households in Nigeria and Iraq. Also, there exist symmetric and asymmetric relationships between oil prices and the two types of health expenditures in the long run. Specifically, a reduction in oil prices hurts both government health expenditure (-0.0096) and out-of-pocket health expenditure (-0.0091). This implies that the government's reduction in health expenditure is due to the fall in oil prices. Based on these results, the governments of these countries should be sensitive and closely monitor health expenditure during oil booms and busts to achieve a healthy economy, as proposed in the SDGs. Specifically, increasing government health expenditure will help improve health-sector activities during oil booms and crunches.</p>Olaide Sekinat Balogun
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-11-072025-11-071213551Service Quality and Customer Retention of Deposit Money Banks: The Mediating Effect of Customer Satisfaction in North-western Nigeria
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2662
<p>This study examined the service quality and customer retention of deposit money banks in North-western Nigeria, with customer satisfaction as a mediating variable rooted in the Expectancy-Disconfirmation Model (EDM). A cross-sectional survey was employed to collect data from respondents<strong>. This study addresses a gap in the literature by investigating how service technology and trust influence customer retention in Nigeria's banking sector, which faces intense competition and shifting customer preferences.</strong> The study population comprised 384 retail bank customers from seven (7) banks in four metropolitan states—Kano, Kaduna, Katsina, and Sokoto — in North-western Nigeria. The study utilised primary data collected on the sample using a 5-point Likert-scale questionnaire. Descriptive and inferential statistical tests, along with multiple regression and a PLS-SEM approach, were used to analyse the data. The results showed that customer satisfaction has a strong, positive, and significant effect on customer retention; service trust has a substantial, positive effect on customer retention, while service responsiveness has a negative, insignificant impact on customer retention. In the banking sector, service responsiveness positively mediates customer satisfaction, which in turn positively mediates the relationship between service trust and customer retention; customer satisfaction also has a moderately negative but statistically significant mediating effect on customer retention. This study recommends that banks focus on acquiring reliable, secure digital platforms (mobile apps, ATMs) with simple interfaces, robust encryption, and biometric authentication to enhance system quality and security, ensuring customers feel safe and confident. Additionally, customer engagement can be improved through AI-driven chatbots, self-service portals, and interactive mobile banking features. This will strengthen competitive strategies and increase the firms' market share and profitability.</p>Pere AbinaboIsmail Kayode OlaoyeMunir Shehu MashiJibrin Nuhu Shagari
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-11-072025-11-071215271The impact of social media platforms on the career development of accounting students in business education in Ogun State.
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2663
<p>The growing influence of social media platforms has redefined how individuals connect, share information, and explore professional opportunities. This study investigates the impact of social media platforms on the career development of Accounting students of Business Education in Ogun State. A descriptive survey research design was adopted, and data were collected through structured questionnaires administered to selected Accounting students of Business Education. The population of this study comprised all 7471 Business Education (Accounting) students in Ogun State. A sample of 1205 respondents was selected for the study using simple random sampling. Two research questionnaires were used to generate data for the study: the Social Media Platform Questionnaire (SMPQ) and the Career Development Questionnaire (CDQ). The findings revealed that social media platforms significantly contribute to students' awareness of career opportunities, personal branding, and employability skills. Specifically, TikTok had a significant influence on the career development of Accounting Students in Ogun State (β = 6.28, t = 2.826, p < 0.05). Also, WhatsApp had a significant effect on the dependent variable (β = 4.71, t = 9.734, p ˂ 0.05); Facebook had a moderate effect on the career development of the targeted respondents (β = 3.08, t = 2.245, p ˂ 0.05). In the same vein, YouTube predicts career development (β = 4.19, t = 3.198, p ˂ 0.05). Also, there is a significant composite influence F (4, 1200) = 615.73, p < 0.05) of TikTok, WhatsApp, Facebook, and YouTube on the career development of accounting students in business education in Ogun State. The study concludes that while social media catalyses career development, its benefits can be maximised only when students are guided toward purposeful and professional use. It recommends that educators and career counsellors should integrate digital literacy and responsible social media usage into the curriculum to help undergraduates harness the full potential of these platforms for their future careers.</p>Sakirat Funmilayo Lateef Rasheed Obarinu AgbonnaOluwaseun Tokunbo Ojo
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-11-072025-11-071217281Forecasting Nigeria's economic outlook: an ARIMA-based model using GDP data (1990–2023)
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2664
<p>This study develops a univariate Box–Jenkins autoregressive integrated moving-average (ARIMA (1,0,0)) model with drift to forecast Nigeria's annual GDP index using World Bank data spanning 1990–2023. We apply Augmented Dickey–Fuller unit‐root tests and first differencing to achieve stationarity, then determine model orders via autocorrelation function (ACF) and partial‐autocorrelation function (PACF) analyses. Maximum‐likelihood estimation yields an AR (1) coefficient of 0.4821 and a drift of 4.4052 index points, while Ljung–Box Q‐tests, residual ACF diagnostics, and normality checks confirm white‐noise innovations. One‐step‐ahead forecast accuracy is strong: root‐mean‐square error (RMSE) = 3.40, mean absolute error (MAE) = 2.54, and mean absolute scaled error (MASE) = 0.93, outperforming a persistence benchmark. Ten‐year projections (2024–2033) converge toward the long‐run mean within widening 95% confidence bands, and scenario‐based drift adjustments illustrate plausible growth paths under commodity and exchange‐rate shocks. We recommend anchoring fiscal forecasts to the central projection with ±3–4 index-point buffers, institutionalising rule-based stabilisers, integrating leading indicators via ARIMA-X or GARCH extensions, and deploying an interactive forecasting dashboard. This transparent, empirically validated framework enhances Nigeria's capacity to smooth revenue volatility, calibrate countercyclical measures, and reinforce macroeconomic resilience.</p>Grace Oluwatoyin KorterPraise Olamide LawalKing Olumakinde KorterSulaiman AdedijiRichman Oluwadamilola Korter
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-11-072025-11-071218297Of Sound and Fury: A Critical Appraisal of President Bola Tinubu's 4D Foreign Policy Thrust
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2665
<p>No nation is an Island to itself. For several reasons, among them the promotion of their development, nations, irrespective of their endowments, relate with other nations across the globe. For this reason, countries accord as much importance to their foreign policy as they do domestic policies. The reality is that both domestic and foreign policies are not mutually exclusive and, in fact, reinforce one another. At independence, Nigeria's Prime Minister, Alhaji Abubakar Tafawa Balewa, proclaimed the cardinal principles of Nigeria's foreign policy thrust. Rather than being static, Nigeria's foreign policy has been dynamic, changing with regime type, leadership personalities, the domestic challenges, and in reaction to the international environment. Hence, Nigeria's foreign policy has moved in terms of primacy from Afrocentrism to non-alignment, concentric circle, economic diplomacy, and now to the "4D" (democracy, demography, development, and diaspora) doctrine of President Bola Tinubu's administration. This paper undertakes a critique of Tinubu's" 4D" foreign policy orientation using the theories of decadence, postcolonialism, and globalisation. It argues that despite the policy's acclaimed newness, Nigeria remains trapped in dependency, a product of its position in the international political economy. The paper notes that Nigeria's weak state capacity and its subjection to Western developmental paradigms are among the causes of a disjunction between foreign policy aspirations and reality. It argues that to achieve its objectives, there is an urgent need to match rhetoric with concrete actions and strategies of ending imperialist domination and transnational capital control of Nigeria.</p>Odukoya Adelaja OdutolaAnene Judith
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-12-132025-12-1312198113Socio-economic deprivation and intended migration abroad among Abuja residents in North Central, Nigeria.
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2666
<p>Out-migration of Nigerians has become a persistent global issue, contributing to brain drain and shortages of skilled professionals in different sectors such as healthcare, information technology, engineering, and education. Despite growing concerns about this situation, little has been done to address the root causes of migration in Nigeria adequately. Unfortunately, many Nigerians are of the view that migration is the only viable solution to socio-economic challenges such as limited employment opportunities, poor infrastructure, inadequate social support, and systemic inequality. This study, therefore, investigates migration in Nigeria, with a focus on socio-economic deprivation. N-100 structured questionnaires were distributed in Abuja. The following research questions were addressed: What form of socio-economic deprivation do Nigerians experience? How do these deprivations influence their decisions to migrate? What are the most effective ways to mitigate these deprivations? To address these questions, primary data were collected through key informant interviews and qualitative analysis of social media discussions on migration, while secondary data were drawn from relevant literature. The study is framed within the confines of the relative deprivation and push-pull theories of Migration as expanded by contemporary scholars. The study examines the relationship between socio-economic deprivation and the intention to migrate abroad among residents of Abuja, Nigeria. Focusing on socio-economic deprivation indices, the study employed an explanatory concurrent mixed-methods design (QUAN-qual) using purposive sampling. Data were collected from 100 intended migrants in Abuja through questionnaires and from 6 key informants via interviews. Quantitative data were analysed with SPSS using descriptive statistics, while qualitative data were analysed with Atlas. The thrust of the paper is that socio-economic deprivation indices are the driving force for intended emigration among Abuja residents in North-central Nigeria. The study therefore recommends viable citizen-driven policies to address the underlying challenges of emigration in Nigeria.</p> <p> </p>Joyce A.M Ejukonemu Bayo T. AsalaAgnes Enang Ubana
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-12-132025-12-13121114132Political Islam, judicial corruption and the realisation of social justice in Nigeria
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2667
<p>The Judicial arm of government is often touted as the last hope of the commoner. It then presupposes that this all-important arm of government cannot be left in the hands of individuals whose integrity, sense of equity, fair play and justice are in doubt. It is an arm of government that requires people of impeccable character and absolute fidelity to justice. Since the return to civilian rule in 1999, the Nigerian Judiciary has been enmeshed in varied forms of corruption. This study, historically and analytically, examines corruption in Nigeria's justice administration system. The study revealed that the colonial origin of the state, its nature and character, play significant roles in the administration and dispensation of justice. Not only that, it further argues that the organisation of the state in line with the exploitative capitalist and neo-liberal political, economic and social policies, which have intensified poverty, deepened inequality, decaying infrastructure and mass unemployment, cannot help but engender pervasive corruption. This perhaps explains why hitherto efforts to combat corruption in Nigeria have yielded little or no positive results. The paper then avers that Islam, within its doctrine, includes a system of justice and the organisation of society in an equitable and egalitarian manner that can help insulate the Nigerian judiciary and the judicial system as a whole from the current unenviable position it is in. The study concluded that the independence of the judiciary guaranteed by law comes with significant responsibility, and that any society where justice is either for sale or for the highest bidder cannot guarantee peace or social justice, which are critical desiderata for the social, economic, and political emancipation of any society.</p>'Dele Ashiru
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-12-132025-12-13121133145Beware the hand that serves what it will not taste: Presidential medical tourism and implications for healthcare development (2015–2025)
https://jsrd.unilag.edu.ng/index.php/njbss/article/view/2668
<p>Persistent presidential medical tourism in Nigeria between 2015 and 2025 exposes a growing disconnect between elite health-seeking behaviour and the condition of the national health system. This study investigates how successive presidents, despite making ambitious commitments to reform, continued to seek medical treatment abroad, thereby weakening public trust and the credibility of health governance. Guided by the Theory of institutional distrust, the study argues that when leaders avoid the public services they provide, they reinforce citizens' perceptions of institutional failure and diminished accountability. The study employs a qualitative approach based on documentary analysis, policy reviews, media sources, and secondary literature. The results show that, although various reforms, such as increased funding, infrastructural upgrades, and international collaboration, were introduced, health outcomes remained poor. Both presidents made repeated overseas medical visits, indicating a lack of confidence in domestic facilities. Their behaviour contributed to the failure of symbolic leadership, public distrust, economic losses, the departure of medical professionals, and policy inconsistency. The discussion highlights that this contradiction between rhetoric and conduct fuels a cycle of institutional distrust. The conclusion emphasises that genuine health sector reform requires leaders to use and improve local facilities, which is essential for rebuilding trust and achieving sustainable development.</p>O.O. ThompsonT. Idris RidwanOladele SurajudeenK.G. AdeosunDada S. Tokunbo
Copyright (c) 2025 Faculty of Social Sciences, University of Lagos, Akoka, Nigeria
2025-12-132025-12-13121146171