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Babcock University’s Commitment to Decent Work and Economic Growth (SDG 8): Fostering Economic Diversification, Health, and Financial Access
Babcock University is committed to promoting inclusive and sustainable economic growth, productive employment, and safe work environments. Through rigorous research on economic diversification, access to financing, and workplace health, Babcock University aligns with Sustainable Development Goal 8, driving advancements that support Nigeria’s economic stability and individual wellbeing.
Enhancing Economic Diversification and Growth
Economic resilience is essential for sustainable development. The study, Diversification of the Economy, Tax Revenue, and Sustainable Growth in Nigeria, explores the impact of economic diversification on Nigeria’s growth. Findings indicate that broadening revenue sources beyond oil positively influences sustainable economic growth. This aligns with Babcock University’s mission to support policies that promote diversified, robust economic activities for Nigeria’s long-term prosperity.
Addressing Poverty and Food Insecurity Among Poultry Farmers
Food security and stable income are crucial for decent work, especially in agricultural sectors. The study, Effect of Poverty Level and Food Insecurity Status on Poultry Farmers' Response to High Feed Costs in Southwest Nigeria, examines the coping strategies of poultry farmers facing rising feed costs. Results highlight the role of educational access and credit support in helping farmers manage costs, underlining Babcock University’s commitment to research that empowers vulnerable workers with tools for economic resilience.
Examining Labor Force Participation and Environmental Health
Balancing economic growth with environmental sustainability is essential for long-term wellbeing. The study, Examining the Dynamics of Labour Force Participation, Carbon Dioxide Emission, and Population Health in Sub-Saharan Africa, investigates the relationship between labor force activity, CO₂ emissions, and health outcomes. This research supports policies encouraging cleaner energy use in labor-intensive sectors, aligning with Babcock University’s efforts to promote health-conscious economic practices that enhance workforce productivity and environmental health.
Improving Workplace Safety for Welders
Ensuring safe working conditions is a priority for sustainable employment. The study, Occupational Exposure to Welding Fumes and Associated Respiratory Morbidities Among Arc Welders in Ikenne, Nigeria, assesses the respiratory health risks of welders exposed to hazardous fumes. Findings call for improved safety protocols and protective equipment, reinforcing Babcock University’s dedication to workplace health research that informs policy and safeguards worker wellbeing.
Expanding Access to Financial Resources for Students
Access to financial support can significantly impact students' educational and career opportunities. The study, Design and Evaluation of a Peer-to-Peer Student Lending Platform to Mitigate Information Asymmetry and Credit Risk, evaluates a lending platform aimed at providing students with alternative financing options. This initiative supports Babcock University’s commitment to financial inclusivity, enabling students to access resources essential for academic and professional growth.
Conclusion
Through initiatives that address economic diversification, worker safety, and accessible financial resources, Babcock University is advancing Sustainable Development Goal 8. By fostering an inclusive economy that values health, safety, and opportunity, Babcock University is helping build a future where economic growth benefits all.