Implication of Applying the Principles of Equity and Management by Objectives on National Development: The Nigerian Context

Authors

  • A. O. Adigun Department of Business Administration, Bell University of Technology, Ota, Ogun State, Nigeria
  • O. E. Okoiye Department of Guidance and Counselling, University of Ibadan, Ibadan, Nigeria

Keywords:

Principles of equity, management by objectives, national development

Abstract

This work analyses the implication of applying the principles of equity and
management by objectives on national development in the Nigerian Context.
This study adopts literature review. Appraising the efforts of the national
development policies, it could be subsumed that in content and context, they
are of good intentions but over time it has been made practically clear that
the government lacks the political will to enforce its policies to the realization
of its desired national developmental agenda. The reason for this among
several others could be aligned to the misconduct and misunderstanding of
the principled tenets of governance that could ensure the effective application
of the principles of equity and management by objective as instrumental
measures for viable national development. It is therefore concluded that the
interest of the generality of citizens should be taken into consideration before
policies are initiated and implemented. Thus, the government should back
developmental policies with political will so that it could be enforce with
commitment, character and zeal by those given the responsibility for the
betterment of the nation.

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Published

2018-12-01

How to Cite

Adigun, A. O., & Okoiye, O. E. (2018). Implication of Applying the Principles of Equity and Management by Objectives on National Development: The Nigerian Context. International Journal of Economic Development Research and Investment (IJEDRI), 9(3), 135–146. Retrieved from http://icidr.org.ng/index.php/Ijedri/article/view/930

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Articles