Prof. Oseloka Samuel Okafor
Prof. Oseloka Samuel Okafor is a PROFESSOR in ECONOMICS Department, Faculty Of Social Sciences in Nnamdi Azikiwe University
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Staff Profile
My name is Samuel Oseloka Okafor. I am a Professor of Monetary Economics. I have been teaching at the Department of Economics since 1997. I am an author of forty-one articles and two books. I have successfully supervised thirty M.Sc. thesis and one Ph.D dissertation. Currently, I am supervising six M.Sc. students and six Ph.D students. My research interests are in the areas of Monetary Economics, Growth, Planning and Development.
Personal Information
Email: | |
Phone: | |
Address: | Economics, Faculty Of Social Sciences, Nnamdi Azikiwe University, Awka. |
Faculty/Unit: | FACULTY OF SOCIAL SCIENCES |
Department/Sub-Unit: | ECONOMICS |
Social Profiles
Interest Areas
Academic Qualifications
| Degrees / Basic Certificates | |
|---|---|
| 1 | Panjab University, Chandigarh. (Doctor of Philosophy, December, 1993) July, 1989 to August, 1993 Ph.D. Statistical Measurement & Evaluation |
| 2 | Panjab University, Chandigarh. (Post-Graduate Degree, July, 1991) July, 1990 to April, 1991 PGD Gandhian Studies |
| 3 | Panjab University, Chandigarh. (Master Degree, August, 1989) September, 1987 to May, 1989 MA Statistical Measurement & Evaluation |
| 4 | Panjab University, Chandigarh. (Master Degree, August, 1987) August, 1985 to April, 1987 MA Economics |
| 5 | Panjab University, Chandigarh. (Bachelor Degree, June, 1985) June, 1982 to May, 1985 BA (Hon) First Class Economics |
Relevant/Working Experience
| 1 | Lecturer1, Senior Lecturer, Reader, Professor, Nnamdi Azikiwe University, Awka April, 1997 to Present |
| 2 | Junior Research Fellow, University Grants Commission, New Delhi, India September, 1990 to August, 1993 |
Creative Output
| Books | |
|---|---|
| 1 | Okafor, S.O. & Okafor, I.J.. (2017, ) Factor Analysis In Economics: Theory And Applications Lambert Academic Publishing, pp 1-367 |
| 2 | Nwogwugwu, U.C.C., Okafor, S.O. & Obi, K.O.. (2006, ) Understanding Global Comparative Economic And Social Systems Chukwuemeka Publishers, pp 1-171 |
| Book Chapters | |
| 1 | Ewurum, N. C. & Okafor, S. O.. (2024, March) Global health security:An evaluation of public health expenditure, health status and economic development in Nigeria |
| 2 | Okafor, S.O.. (2001, ) Population Growth And Distribution In Nigeria Issues and trends in social sciences, pp 136-152 |
| 3 | Okafor, S.O.. (2001, ) Alternative Sources Of Revenue For Nigeria Other Than Oil Main currents in socio-political issues, pp 131-140 |
| 4 | Okafor, O. M.S.. (1997, ) Economic Implications Of Social Interactions Among Intellectual Elites In Anambra State Contemporary issues in Sociology, pp 113-130 |
| 5 | Okafor, O. M.S.. (1997, ) Social Mechanics Of Economic Inequalities In Nigeria Contemporary Issues in Sociology, pp 277-297 |
| Journal Articles | |
| 1 | Ewurum, N. C., Okafor, S. O. & Ezenekwe, U. J.. (2024, January), "Effects of public and household health expenditures on economic development in Nigeria", Global Journal of Applied, Management and Social Sciences (GOJAMSS, Vol. 28, pp 41-64 |
| 2 | Onoja, J. E., Okafor, S. O & Aigheyisi, O. S.. (2023, June), "Export diversification, import competition and industrial sector employment in Nigeria", Global Journal of Applied, Management and Social Sciences (GOJAMSS, Vol. 26, pp 187-202 |
| 3 | Ositaufere, W. & Okafor, S. O. (2023, January), "Impact of foreign direct investment (FDI) on unemployment rate in Sub-Saharan African countries: Panel ARDL analysis", West African Journal on Sustainable Development (WAJSD), Vol. 1, (Issue 1), pp 59-70 |
| 4 | Orji, A. C., Okafor, S. O., Obi, K. O., Ukeje, C. D.. (2022, July), "The effects of regional integration on economic growth in ECOWAS countries", Journal of International Economic Relations and Development Economics (JIERADE), Vol. 2, (Issue 1), pp 1-20 |
| 5 | Orji, A. C., Madichie, C. V., Okafor, S.O., Ukeje, C. D.. (2022, August), "Regional integration and growth in Economic Community of West African States: A re-appraisal", International Journal of Research in Engineering, IT and Social Sciences, Vol. 12, (Issue 8), pp 10-21 |
| 6 | Emeghara, C.D., Okafor, S.O., Orji, O.I. & Ahamba, K.O.. (2021, January), "Human Capital Investment And Economic Development: The Nigerian Experience", International Journal of Research in Engineering, IT and Social Sciences, Vol. -2, (Issue -1), pp 46-56 |
| 7 | Nwosu, F. T., Okafor, S. O., Eze, A. E., Maduka,O. D., Ewurum, N. C.. (2021, October), "Manufacturing sector foreign direct investment inflow and economic growth in Nigeria", International Journal of Academic Multidisciplinary Research (IJAMR), Vol. 5, (Issue 10), pp 11-23 |
| 8 | Onoja, J. E., Okafor, S.O., Akaolisa, J. C.. (2020, May), "Government education expenditure and educational development in Nigeria", Journal of Economic Studies, Vol. 17, (Issue 1), pp 106-121 |
| 9 | Okafor, S.O., Maduka, O.D, Ike, A.N., Ahamba, K.O., Okoro, D.C. & Onoja, J.E.. (2019, January), "Optimal Policy Mix For Inclusive Growth: Evidence From Nigeria.", Journal of Economics, Management and Trade, Vol. 22, (Issue 1), pp 1-19 |
| 10 | Okafor, S.O., Maduka, O.D., Ike, A.N., Okoro, D.C. & Ahamba, K.O.. (2018, May), "Trade Cycle Valuation Of Growth Dynamics For Inflation And Recession Control : The Nigerian Experience.", British Journal of Economics, Finance and Management Sciences,, Vol. 15, (Issue 2), pp 19-37 |
| 11 | Okafor, S.O., Maduka, O.D., Ike, A.N., Uzoechina, B.I. & Ohachosim, C.I.. (2017, September), "Tax-budget Deficit Relationships: Fiscalists’ Platform For Deficit Financing Policy", Business and Management Studies, Vol. 3, (Issue 3), pp 53-68 |
| 12 | Okafor, S.O., Maduka, O.D., Ike, A.N. & Uzoechina, B.I.. (2017, May), "Tax- Financing Of Budget Deficits In LDCs: Revalidation Of Laffer Curve Theory", Applied Economics and Finance, Vol. 4, (Issue 3), pp 89-101 |
| 13 | Okafor, S.O., Jegbefumwen, K., Maduka, O.D. & Okeke, A.C.. (2016, November), "A Three-factor Model Of Inclusive, Sustainable And Resilient Economic Development For Developing Countries", Applied Economics and Finance,, Vol. 3, (Issue 4), pp 57-72 |
| 14 | Okafor, S.O., Maduka, O.D., Okafor, P.N. & Akandu, V.C.. (2016, June), "Impact Of Trade Paradigm Shift On Nigeria's Trade Relations", British Journal of Economics, Finance and Management Sciences, Vol. 12, (Issue 1), pp 67-82 |
| 15 | Okafor, S.O, Akandu, V.C & Ike, A.N. (2016, May), "Nonoil Export – Growth Nexus In Nigeria: Macroeconomic Base For Nonoil Export- Led Growth Policy", British Journal of Economics, Management & Trade, Vol. 14, (Issue 1), pp 1-18 |
| 16 | Okafor, S.O., Jegbefumwen, K. & Ike, A.N. (2016, March), "Human Capital Investment For Inclusive And Sustainable Economic Development: The Nigerian Experience", British Journal of Economics, Finance and Management Sciences, Vol. 11, (Issue 1), pp 107-121 |
| 17 | Okafor, S.O. , Jegbefumwen, K, & Okafor, P.N. (2016, February), "Foreign Direct Investment For Sustainable Economic Growth In Nigeria: Factor Analytic Approach.", British Journal of Economics, Finance and Management Sciences, Vol. 11, (Issue 1), pp 123-141 |
| 18 | Okafor, S.O.& Jegbefumwen, K.. (2016, December), "Public Spending For Growth – Induced Employment: The Nigerian Experience", British Journal of Economics, Management & Trade, Vol. 12, (Issue 1), pp 1-19 |
| 19 | Okafor, S.O., Ike, A.N.,Jegbefumwen, K.& Ewuru, N.C. (2015, March), "Economic Efficiency Of Public Health Programmes For Control For HIV/AIDS Infections In Anambra State", Journal of Economic Studies, Vol. 12, (Issue 1), pp 53-66 |
| 20 | Okafor, S.O. (2014, July), "Trade In Nigeria's Petroleum Products Market: Theoretical Base For Oil Subsidy Removal Policy", Nigerian Journal of Energy and Environment, Vol. 6, (Issue 1), pp 77-90 |
| 21 | Okafor, S.O., & Uzoechina, B.I. (2013, March), "Tax Factor In Nigeria's Fiscal Policy For Reducing Budget Deficit And Enhancing Growth", Journal of Economic Studies, Vol. 10, (Issue 1), pp 32-41 |
| 22 | Okafor, S.O., Oleribe, E.C. & Mba, S.A. (2013, March), "Modelling Microfinance Management For Industrialization And Economic Development Of Nigeria: Factor Analytic Approach", Journal of Economic Studies, Vol. 10, (Issue 1), pp 21-31 |
| 23 | Okafor, S.O., Mba, S.A. & Oleribe, E.. (2010, November), "Job Creation For Full Employment In Nigeria", Journal of Economic Studies, Vol. 9, (Issue 1), pp 53-65 |
| 24 | Okafor, S.O., Okafor, P.N. & Ezenekwe, U.R. (2009, November), "Performance Of Nigerian Bank Industry Under Bank Reforms", Journal of Economic Studies, Vol. 8, (Issue 1), pp 1-11 |
| 25 | Okafor, S.O. & Onwuteaka, C.I.. (2007, August), "Active And Slack Variables In Nigeria's Population Control: Economic Base For Dynamic Population Policy", Review of Arts & Social Science, Vol. 4, (Issue 3), pp 47-55 |
| 26 | Ezeaku, L.C., Nwabude, E.S. & Okafor, S.O. (2005, March), "Oil Industry And Nigeria’s Economic Development: Industrial Relations Perspective", Journal of Economic Studies, Vol. 5, (Issue 1), pp 81-87 |
| 27 | Okafor, S.O., Obi, K.O. & Ike, A.N.. (2005, March), "Monetary Correlates Of Price And Output In Nigeria: Economic Base For Monetary Policy", Journal of Economic Studies, Vol. 5, (Issue 1), pp 73-80 |
| 28 | Okafor, S.O. & Eyiuche, A.C. (2005, June), "Planning Revenues And Expenditures In Anambra State: Constraints And Solutions", Review of Arts & Social Science, Vol. 4, (Issue 2), pp 97-106 |
| 29 | Okafor, S.O., Ezeaku, L.C., Eyiuche, A.C. & Okeke, N.C.. (2005, March), "Economics Of Budgeting In Nigeria During Civilian And Military Era: A Comparative Dynamic Analysis", Journal of Economic Studies, Vol. 5, (Issue 1), pp 13-20 |
| 30 | Okafor, S.O. & Ike, A.N. (2005, June), "Micro-credit Financing Of Small-scale Enterprises In Nigeria: Problems And Prospects", Review of Arts & Social Science, Vol. 4, (Issue 2), pp 1-8 |
| 31 | Okafor, S.O. & Ezeaku, L.C.& Okeke,N.C.. (2004, June), "Uncertainty Of Leakages In Productivity Of Labour In Nigeria", Journal of Economic Studies, Vol. 4, (Issue 1), pp 76-85 |
| 32 | Okafor, S.O., Eyiuche, A.C. & Obi, K.O. (2004, June), "Inflation-unemployment Nexus In Nigeria: Nigeria's Philip's Curve Experience", Journal of Economic Studies, Vol. 4, (Issue 1), pp 44-50 |
| 33 | Okafor, S.O. & Ezeaku, L.C.. (2004, July), "Labour Mobility Among Academic Staff In Nigerian Universities", Review of Arts & Social Science, Vol. 4, (Issue 1), pp 36-41 |
| 34 | Ezeaku, L.C. & Okafor, S.O. (2004, June), "Dynamics Of Management In Competitive Market: Changing Roles Of Caring Manager", Journal of Economic Studies, Vol. 4, (Issue 1), pp 24-31 |
| 35 | Okafor, S.O.. (2004, July), "Nigeria's International Trade Management Potentials Within W.T.O: Gainer Or Loser In Global Trade Contracts?", Review of Arts & Social Science, Vol. 4, (Issue 1), pp 8-17 |
| 36 | Okafor S.O.. (2002, July), "Indices Of Substitutability Between Oil And Non-oil Sources In Nigeria's Revenue Base.", Social Sciences Research, Vol. 2, (Issue 1), pp 153-171 |
| 37 | Okafor, S.O. & Uchendu, S.O.. (2000, June), "Management In Nigeria's Public Sector: Current Status And Prospects In The Third Millennium", African Banking & Finance Review, Vol. 1, (Issue 1), pp 97-102 |
| 38 | Okafor, S.O.. (2000, March), "Potency Of National Directorate Of Employment (NDE) Schemes For Job Creation: A Case Study Of Anambra State NDE", Journal of Economic Studies, Vol. 3, (Issue 1), pp 44-56 |
| 39 | Okafor, S.O.. (1999, March), "Economics Of Monitoring, Control And Regulation In Nigeria’s Education Sector", Journal of Economic Studies, Vol. 2, (Issue 1), pp 1-9 |
| 40 | Okafor, M.S.O. (1999, July), "Zikist Economic Thoughts In Retrospect: Implications For Eradication Of Poverty In Nigeria", ESUT Journal of Economic Studies, Vol. 3, (Issue 3), pp 33-38 |
| 41 | Okafor, S.O. & Eyiuche, A.C.. (1999, March), "Autonomy Of Central Bank Of Nigeria (CBN) Under Different Governments: Implications For Nigeria’s Economic Development", Journal of Economic Studies, Vol. 2, (Issue 1), pp 61-69 |
| 42 | Okafor, O. M.S.. (1998, March), "Mobilization Of Financial And Human Resources For Nigerian Universities: An Introspection Of Problem And Solutions", Journal of Economic Studies, Vol. 1, (Issue 1), pp 86-96 |
| 43 | Unachukwu, G.C. & Okafor, O. M.S.. (1997, November), "Sex-role Perception By Males On Women’s Employment.", Nigerian Vocational Journal, Vol. 9, pp 91-95 |
| Thesis | |
| 1 | Emeghara, C.D.. (2021, June), "Investment In Human Capital And Economic Development In Nigeria". |
| 2 | Agbo, E.. (2019, May), "Change In Trade Paradigm And The Nigeria Trade Relations With The Rest Of The World". |
| 3 | Ugwueke, L. I.. (2019, ), "Impact Of Exchange Rate Volatility On General Price Level In Nigeria". |
| 4 | Ezenekwe, O. C.. (2018, March), "Population Dynamics And Economic Growth In Nigeria". |
| 5 | Ohachosim, C.I.. (2017, July), "Tax-financing Of Budget Deficit In Nigeria". |
| 6 | Efurhieve E. I.. (2016, October), "Impact Of Fiscal Policy On Employment Generation In Nigeria". |
| 7 | Chukwuemeka, C.E.. (2013, December), "Appraisal Of Performance Of The Nigerian Banking Industry Under Different Bank Reforms (1970 – 2010)". |
| 8 | Ezeh, N.A.. (2013, December), "Appraisal Of Growth Effect On Poverty And Economic Development In Nigeria". |
| 9 | Idam, G.U.. (2013, December), "Impact Of Saving, Investment And Consumption On Economic Growth In Nigeria". |
| 10 | Mbah, N.A.. (2013, December), "Effectiveness Of Education Expenditure For Stimulating Economic Growth And Employment Generation". |
| 11 | Maduka, O.D.. (2010, June), "Trade Unions And Economic Development In Nigeria". |
| 12 | Okonkwo, C.I.. (2010, June), "Trade Liberalization And Endogenous Growth In Nigerian Economy". |
| 13 | Akandu, V.C.. (2010, June), "Rapid Population Growth In Nigeria: Implications For Economic Development". |
| 14 | Mbah, S.A.. (2010, July), "Job Creation For Full Employment Of Labour In Nigeria". |
| 15 | Aniora, E.B.. (2008, May), "Philip’s Curve Analysis Of Inflation Unemployment Nexus In Nigerian Economy". |
| 16 | Meze, M.E.. (2008, May), "Micro Credit To Marginal Farmers In Anambra State:Current Status, Problems And Prospects". |
| 17 | Onwusowulu, U.R.. (2008, May), "Ratchet Theoretical Perspective Of SAP As Potent Factor In Nigeria’s Inflationary Spiral". |
| 18 | Uwesoda, F.O.. (2007, March), "Exchange Rate Management And Economic Growth In Nigeria (1970 – 2002)". |
| 19 | Amuokwo, K.. (2007, March), "Effectiveness Of Fiscal Policy Measures For Inflation Control In Nigeria". |
| 20 | Onyechi, P.I.. (2007, March), "Petroleum Product Pricing In Nigeria: A Base For Dynamic Deregulation Policy". |
| 21 | Agbaeze, C.C.. (2006, January), "Debt Conversion As Source Of Foreign Investment And Tool For Economic Growth In NigeriaaI". |
| 22 | Igboh, A.O.. (2006, January), "Relationship Among Bank Assets/liabilities, Liquidity Ratio, And Economic Indicators In Nigeria". |
| 23 | Amanwa, B.C.. (2005, March), "Nigeria’s External Trade Relations Within The Context Of Globalization". |
| 24 | Ejekwuone, C.. (2005, March), "Poverty & Income Inequality In South – Eastern States Of Nigeria: A Socio – Economic Analysis". |
| 25 | Ike, A.N.. (2005, March), "Economics Of Human – Immuno Deficiency Virus (HIV/AIDS) Prevention Programme In Nigeria: A Cost – Effectiveness Approach.". |
| 26 | Ojukwunze, G.A. (2005, March), "Correlation Between Money Supply And Some Macroeconomic Indicators In Nigeria". |
| 27 | Eze, C.U.. (2005, March), "Performance Of Privatized Enterprises In Nigeria: Case Study Of United Bank For Africa (UBA), Aba Textile Mills And Ashaka Cement Company". |
| 28 | Okeke, C.C. (2005, March), "Budget Formulation And Implementation In Anambra State". |
| 29 | Obianwu, O.C.. (2000, October), "Employment Generation By National Directorate Of Employment In Anambra State: Current Status And Prospects". |
| 30 | Nwokolo, I.. (2000, October), "Effect Of Deficit Financing On Selected Performance Indicators (1975 – 1995)". |
| Dissertations | |
| 1 | Maduka, O. D.. (2019, ), "Performance Appraisal Of Microfinance Banks In Anambra State". |
| Conference Papers | |
| 1 | Okafor, S.O.. (2002, September), "Contingency Planning- A Tool For Security, Economic Investment And Ecological Assets In Nigeria", |
| 2 | Okafor, S.O.. (2000, June), "Research And Research Proposals In Human And Management Sciences", |
| 3 | Okafor, S.O.. (1997, November), "Monitoring, Control, And Regulation In Educational Sector", |
| 4 | Okafor, S.O.. (1997, October), "ZIK: The Great Philosopher", |
| Other Relevant Publications | |
| 1 | Okafor, S.O.. "Need-based Support Financing Of Apprenticeship For Skill Acquisition And Wealth Creation In Neo-normal Era", (Research Proposal, 2020 July) |
Academic Leadership Qualities
| Supervisions | |
|---|---|
| 1 | "Effect of regional integration on economic growth in ECOWAS countries" (2022). Completed Doctorate project by Orji, Alexander Chinedu 2013117023P |
| 2 | "Impact of manufacturing sector foreign direct investment on economic growth in Nigeria" (2021). Completed Masters project by Nwosu, Frank Tochukwu (2012116003P) |
| 3 | "Export diversification and import competition on employment in Nigeria" (2023). Completed Doctorate project by Joan Egbe Onoja (2016117005F) |
| 4 | "Export diversification and import competition on employment in Nigeria" (2024). Completed Doctorate project by Joan Egbe Onoja (2016117005F) |
| 5 | "EFFECTS OF WORK -LIFE BALANCE ON LABOUR PRODUCTIVITY IN AWKA SOUTH LOCAL GOVERNMENT AREA OF ANAMBRA STATE" (2024). Completed Masters project by CHIDIMMA PEACE OKEJEME (2013116038F) |
| 6 | "Export diversification and import competition on employment in Nigeria" (2023). Completed Doctorate project by Joan Egbe Onoja (2016117005F) |
Relevant Events Attended
| Other Events | |
|---|---|
| 1 | "Contingency Planning- A Tool For Security, Economic Investment And Ecological Assets In Nigeria", (Federal Ministry of Environment and the Nigerian Safety Association), 26th September, 2002 to 28th September, 2002; Petroleum Training Institute, Warri |
| 2 | "Research And Research Proposals In Human And Management Sciences", (Faculty of Management Sciences), 5th June, 2000 to 5th June, 2000; Federal Polytechnic Oko |
| 3 | "Monitoring, Control And Regulation In Educational Sector", (Integrated Management Systems), 6th November, 1997 to 7th November, 1997; Ikenga Hotels Ltd, Awka |
| 4 | "ZIK: The Great Philosopher", (University of Nigeria Alumni), 11th October, 1997 to 11th October, 1997; Ikenga Hotels Ltd, Awka |