Papers by Dr. Sunusi Saad Ahmad
IOSR Journal of Economics and Finance, Apr 1, 2016
Oil revenue is indeed an important component of economic growth of the recipient nations. Therefo... more Oil revenue is indeed an important component of economic growth of the recipient nations. Therefore, most of the oil-rich nations invest the revenue from the oil sector into the non-oil sectors for strategic reasons. However, over the past five decades there has been a blur in the practicality to fulfilling this purpose in the context of Nigerian economy. So far, there is high inconsistency on the utulisation of such oil revenue in Nigeria. Using a multivariate regression analysis, this study aims at critically analysing the impact of oil revenue on the Nigerian economy. Findings indicate a high insignificance in establishing the flow of oil revenue into the key economic sectors in Nigeria.
IOSR Journal of Business and Management, 2016
The concept of performance measurement and management (PMM) has gained a wide publicity among the... more The concept of performance measurement and management (PMM) has gained a wide publicity among the International Oil and Gas Companies. Recent years have witnessed transformation from traditional financial PMM to a more sophisticated approach that encompasses both financial and non-financial aspects of a business. This paper is aimed at measuring the financial performance of International Oil Companies (IOCs) and assessing whether the performance is being improved over the three years covered. Data Envelopment Analysis (DEA) is used to develop a model using principles of Linear Programming, in measuring the performance and assessing whether such performance is being managed. Total assets and running cost are used as an input while three financial ratios and an oil reserve ratio are used as output to determine whether the inputs are best utilised in generating the outputs and whether the outputs generated are worth the input. The paper reveals that, oil companies measure their performance in order to reveal areas that need attention, but most of the oil companies in the sample have unfavourable performance. However, no evidence that their performance has been improved (managed) over the period covered.
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Papers by Dr. Sunusi Saad Ahmad