THE NAIRA NOTE REDESIGN AND FOOD SECURITY AMONG PUBLIC UNIVERSITY LECTURERS IN RIVERS STATE – IM Journals skip to Main Content

THE NAIRA NOTE REDESIGN AND FOOD SECURITY AMONG PUBLIC UNIVERSITY LECTURERS IN RIVERS STATE

Publication Date : 14/05/2024


Author(s) :

Ngozi Amachree.


Volume/Issue :
Volume 2
,
Issue 1
(05 - 2024)



Abstract :

ABSTRACT The paper focused the naira note redesign and food security among public university lecturers in Rivers State. Two objectives, two research questions and two hypotheses were formulated to guide the study. The study adopted a correlational and survey design. The population of this study comprised of all the university lecturers in Rivers state. The number of university lecturers in UNIPORT, RUST and IAUE are 1387, 571 and 424 respectively which is a total of 2382. Simple random sampling technique was adopted for this study with a sample size of three hundred and seventy eight (378) respondents obtained which is 5% of the entire population. The simple random technique was adopted so that every lecturer is given equal chance of being included in the sample. The questionnaire was developed by the researcher called Effect of the Redesign Naira Note on Food Security Questionnaire (ERNNFSQ). Cronbach Alpha coefficient was adopted as a measure of internal consistency for this study. And a reliability of .888 was gotten using the SPSS (version 25) computer application. A total of 378 copies of the questionnaire were administered to all the lecturers, out of the 378 copies of questionnaires administered; 340 copies representing 90 percent of the total sample were returned. Descriptive statistics such as mean and standard deviation was used to answer the research questions, while Pearson’s Product moment correlation coefficient was used for the analysis of hypotheses at 0.05 level of significance. This paper concluded that the results from the two variables (mitigation of counterfeit and reduction in the level of cash insecurity) equally show that the effect of the redesign naira note influences food security among university lecturers in Rivers State. It was recommended among others that government should ensure adequate palliatives are provided to cushion the effect of naira redesign policy on the masses especially lecturers in public universities in Rivers state. Keywords: Naira Note, Redesign, food security, public universities, lecturers, Rivers State


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