Data Science and Econometrics with Nigerian data

  Not long after we had wished ourselves happy and prosperous 2020 that news started filtering in of the outbreak of SARS-virus in China. As the days go by, so the number of people continue to rise until WHO named the disease COVID-19 and declared it as a global pandemic (I am still going to find out how it differs from epidemic). Gradually the virus was slipping through borders; and countries continue to lockdown. For Nigeria, if our leaders had taken the precautionary steps of stopping entries from countries already having significant percentage of infections, like France and Britain, perhaps we would have been able to fight the virus as was done for Ebola. With moments of indecision passing by, suddenly COVID-19 was imported from Europe and landed in Ogun State on February 29, 2020. Again, as if the government was not yet sure of what to do, days passed by until a national lockdown was ordered on March 29, 2020. The COVID-19 pandemic has brought to fore the sorry state of our he...

DEPLOYMENT OF TECHNOLOGY: A WAY OF ENHANCING AGRIBUSINESS   Prof. J N Nmadu Agricultural Economics and farm Management Federal University of Technology, Minna Industrial Liaison officer Fellow and President, Nigerian Association of Agricultural Economists     You may be aware that all my life, I deal with numbers and how to make them understandable for those who do not make meaning out of it. I try to determine the pattern in numbers and present them in a way that it makes more meaning. Essentially, and in the simplest of putting it, you may say that I apply technology to numbers and indeed I do.   Over the years, there is one concept that is well misunderstood by majority of Nigerians: diversification. Each time we have a new government, they always promise to diversify Nigerian economy. And when they say, most of us will nod our heads in agreement. In most of the cases, they normally want to diversify from oil and gas sector into agriculture. So, what does that m...

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POTENTIALS IN NUPELAND AND HOW THEY CAN BE HARNESSED FOR ECONOMIC PROSPERITY [1] J N Nmadu Department of Agricultural Economics and Farm Management Federal University of Technology, Minna Protocol: The basic necessities of life are food, shelter and housing. Tied to this are needs for adequate medical care, effective and efficient infrastructure, adequate power and potable water, qualitative and affordable education and other necessities that must be available to sustain life. The lack of, or inadequacy of any of the above necessities makes an individual or group or nation poor. Therefore, poverty is not just lack of money, however, where there is enough money to afford all this necessities then there is prosperity. Poverty on the other hand is often defined as the [2] : Condition where people's basic needs for food, clothing, and shelter are not being met. Poverty is generally of two types i.e. absolute and relative poverty. Absolute poverty is synonymous with...