Browsing by Author "Osakede, U. A."

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Cost burden of malaria: evidence from Nigeria
(2016-08) Osakede, U. A.; Lawanson, A. O.
This paper provides findings on cost burden of malaria in Nigeria. Cost computations were extrapolated to monthly income fraction and GDP lost to the illness. Results of the study are shown across different employment groups. Computations for indirect and direct costs were conducted using the Human capital and Bottom up approach respectively. The results show that one in two persons employed in the labour force will experience loss in labour contribution as a result of malaria with indirect cost of about N5,532.59($37.16) and N4,828.73 ($32.43) per person per day for the patient and care giver, respectively. Individuals spend approximately N2,730.46($18.34) on the average for treatment of one bout of the illness which translates to approximately 3% of monthly income. Overall, indirect and direct costs related to one episode of malaria in Nigeria sum up to approximately N1, 906.08 billion ($12,801.07 million) implying about 8% of GDP. GDP fraction lost to malaria is higher for the informal sector particularly self-employment in agriculture. Strategies to enhance welfare, labour contributions and economic output in Nigeria should focus on adequate measures to reduce malaria prevalence or complete eradication.
Entrepreneurial interest and academic performance in Nigeria: evidence from undergraduate students in the University of Ibadan
(Sage, 2017) Osakede, U. A.; Lawanson, A. O.; Sobowale, D. A.
Entrepreneurial interest among the youth population is a panacea for unemployment especially due to high turnout of educated individuals in the labour force. This paper provides findings on the factors that determine entrepreneurship interest among the youth population in Nigeria using the University of Ibadan as a case study. Empirical results on whether engagement in entrepreneurial activities interferes with academic performance; extent of involvement and gender differences are also presented. The logit and multinomial logit models were used to examine the factors that influence entrepreneurship interest and interference with academic performance, respectively. Descriptive statistics and the T test were employed in examining the extent of involvement and whether there is a statistically significant difference across gender. The results showed that subjective norm, perceived behavioural control and family business background significantly predicts students’ interest in entrepreneurship. Engagement in entrepreneurial activity has no significant effect on students’ academic performance. Findings suggest relatively low entrepreneurial engagement among students with significant differences across gender.