College of Management and Social Sciences

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Start date: 2024Subject: search.filters.subject.Sustainability

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    Attaining Sustainable Development in Africa through Renewable Energy Financing
    (International Journal of Energy Economics and Policy, 2025) Asemota, Franklin Famous; Olokoyo, Felicia O.; Adetiloye, Kehinde A.; Ehikioya, Benjamin Ighodalo
    Finding a sustainable solution to climate change based on the unique attributes of Africa requires some well-structured bespoke green financial vehicles that will spur development not only from economic standpoint but also in the quality of the environment and social wellbeing of the populace. This study therefore examines the role renewable energy financing in harnessing sustainable development in Africa. The study thus employed the panel ARDL estimation technique to analyse this relationship while limiting the sample size to limited to Nigeria, South Africa, Kenya and Egypt representing countries with significant renewable energy investment from 1990 to 2023. Findings depict that in the short run, insignificant relationships were found between renewable energy utilisation and economic sustainability as well as between renewable energy utilisation and environmental sustainability. However, in the long run, the relationships are revealed to be both negative but statistically insignificant for economic sustainability but significant for environmental sustainability. The substantial negative effect of renewable energy usage on carbon emissions follows worldwide expectation and reflects clean energy as a solution to environmental deterioration. This study recommend that government should utilize both fiscal and monetary instrument to encourage renewable energy investment in Africa. This can be in the form of tax incentive and grant on green project that are executed in Africa. Foreign direct investment should be channelled to green project that promote skill enhancement and sustainable workforce. The use of tailored regulation to create a renewable energy market for local and foreign investor and at the same time creating an unfavourable environment for investment in fossil fuel in Africa.
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    Sustainability in Social Entrepreneurship: Using a PRISMA Approach to Understand Poverty Reduction and Inequality Interventions in Emerging Economies
    (Ianna Journal of Interdisciplinary Studies, Volume 7, Number 2, 2025) Ogbari, Mercy Ejovwokeoghene; Ingomowei, Preye Samson; Augusta, Bosede Amaihian
    Abstract Background: Emerging economies, often characterised by significant social and economic disparities, provide a critical context for examining how social entrepreneurs can drive sustainable development to reduce poverty and inequality. It has been identified that developing countries are facing numerous problems, especially economic, social, and bio-environmental problems, such as income disparity, unequal access to education, unemployment, information asymmetry, and corruption. Objective: This study aims to investigate the role of social entrepreneurship in eradicating poverty and inequality in emerging economies, such as Sub-Saharan Africa. Methodology: This study employed the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) approach to investigate sustainability in social entrepreneurship in poverty and inequality intervention in emerging countries. Studies were selected through identification, screening, eligibility, and analysis. Results: The findings underscore the potential of social entrepreneurship to contribute significantly to sustainable development goals by fostering inclusive growth and reducing disparities in areas of poverty and inequality in emerging economies Conclusion: Sustainable social entrepreneurship has transformed emerging economies by accelerating transformation, promoting social justice, and ensuring that growth benefits all members of society. 520 Ianna Journal of Interdisciplinary Studies, Volume 7, Number 2, June 2025 E-ISSN: 2735-9891 DOI: https://doi.org/10.5281/zenodo.15483643 Unique contribution: The study could be useful to researchers, practitioners, social entrepreneurs, and governments in making strategic investment decisions and overcoming challenges in poverty and inequity. Key Recommendation: Social entrepreneurs should collaborate with governments, commercial businesses, and community members to garner support and achieve lasting results in solving the problem of poverty and inequality in developing nations.
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    A Comparative Analysis of the Occupancy Rate of the Various Classes of Hotels in Ikeja, Lagos
    (IOP Conf. Series: Earth and Environmental Science, 2024) Iroham, C. O.; Nwanosike, U. A.; Adedotun, A. F.; Munyemana, S.; Osere, Janefrances Nkem
    The essence of hotels, no matter the class, is to have lodgers occupying them for various reasons amongst others. However, it has turned out that cutting across the various classes of hotels they have not been maximally occupied. Previous researches have studied various classes of hotels with respect to various issues while some others have focused on the occupancy rate of hotels notwithstanding the class. This present study assesses the occupancy rates of all the classes of hotels in the study area in a bid to determining any significant difference to enable investors to be well guided for sustainable returns. The study being a survey sampled the entire registered twenty-nine hotels in the study area cutting across the various classes as provided by the Nigerian Tourism Development Corporation (NTDC). Data collected was analysed using descriptive statistics such as percentage and harmonic mean where it was discovered that a minimum of 70% occupancy rates was evident for all classes of hotels. The use of the Chi-Square Test at 5% level of significance revealed that with a minimum p value of 0.583 the occupancy rates of the various classes of hotel have no significant difference and as such hotels regardless of their classes are faced with the same saturated market situation or standardized service delivery depending on the choice of lodgers. This in essence has consequences for strategic decision making in the hotel industry enabling stakeholders to improve their operational plans amongst others for sustainable hotel establishment.
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    BUSINESS PROCESS REENGINEERING AND SUSTAINABILITY OF OUTSOURCING ORGANISATION IN LAGOS STATE, NIGERIA. A STUDY OF HUGO INC
    (Covenant University Ota, 2025-03) OKWARAOGOMA REGAN OGADINMA; Covenant University Dissertation
    This research focused on the influence of business process reengineering on outsourcing organization: A study of Hugo Inc. Companies need to survive the test of time in business practices and having operational efficiency, so process reengineering can help them in achieving this. Business process reengineering is typically used to boost business agility, responsiveness, and customer satisfaction with improved goods and services. Sustainability is connected to the ability to run a production process over a period of time. Some of the problems BPR is trying to address are client satisfaction, process implementation, operational and resource management. The purpose of this study is to know how process reengineering can lead to sustainability for outsourcing organization. Organization understands the importance of profit and having customer base, and must understand that it is important to design operation to ensure both factors are not affected. The key variables in the study are value creation, process ownership and customer focus connected to business process reengineering, while economic, environmental and social variables are connected to sustainability, these are explored in relation to each other and their connection to the problem. The theory utilized in the study are the triple bottom line and stakeholders’ theory was used in this study to provide the theoretical foundation to this study. A quantitative survey method was adopted for this study. The population of the study comprised of 850 employees and questionnaires was administered to a sample size of 272 employees using purposive and simple random sampling technique. Results showed there is a positive relationship between process reengineering and sustainability. The study is to push outsourcing organizations to review their system of operation to constantly overcome challenges and be productive in their operation. Therefore, there is need to constantly review, update, recommend and adjust the process of operation.