Ambrose Alli University proudly announces that Dr. Moses Oyeyemi Agbede has been awarded the Outstanding Ph.D. Dissertation Award in Economics for his groundbreaking Ph.D. dissertation titled “Foreign Capital Inflows and Real Sector Outputs in Nigeria.” This prestigious honor recognizes his exceptional contributions to economic research and policy development in Nigeria.
Dr. Agbede’s dissertation provides a comprehensive analysis of how foreign capital inflows, including foreign direct investment, remittances, and official development assistance, impact Nigeria’s real sector productivity. His research reveals critical insights into the nation’s economic dynamics, particularly the disconnect between consistent capital inflows and real sector growth.
One of the study’s most significant findings highlights how remittances and official development assistance have failed to stimulate substantial growth in the agriculture and manufacturing sectors. Dr. Agbede attributes this to Nigerian households’ propensity for consumption rather than productive investment. His work proposes innovative policy solutions, emphasizing the need for government initiatives that redirect these capital flows toward small and medium enterprises (SMEs) in key real sectors.
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Faculty leaders at Ambrose Alli University have lauded the dissertation’s academic rigor and practical relevance:
• Professor Benson Oboh Iganiga, Dean of Faculty of Social Sciences, remarked: “Dr. Agbede’s research provides a blueprint for transforming Nigeria’s economic landscape. His analysis of household investment behavior offers policymakers concrete strategies to enhance capital utilization.”
• Professor Osagie Iqhodalo, Dean of Postgraduate School, added: “This work exemplifies the highest standards of doctoral research. Dr. Agbede’s findings have already stimulated important discussions about Nigeria’s economic development pathways.”
The university community celebrates this achievement as a testament to its commitment to producing research that addresses Nigeria’s most pressing economic challenges. Dr. Agbede’s work is expected to influence both academic discourse and national policy formulation in the coming years.