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Grace ADIGUN

Assistant Professor
college of Management and Social Sciences (COMSS)
Economics Programme

Dr. Adigun Grace Toyin presently holds a teaching position with Economics Programme, College of Social and Management Sciences, Bowen University Iwo, Osun State, Nigeria with the primary responsibilities of teaching courses in Economics, supervision of students at undergraduate and post graduate levels, conducting research at national and international levels.

Education
  • PhD. (2012) University of Ibadan (Agricultural Economics)
  • MSc.(1996) Agricultural Economics, University of Ibadan (Agricultural Economics).
  • M.Sc (In view), Bowen University, Iwo (Economics)
  • B.Agric (1989) Ahmadu Bello University, Zaria (Agricultural Economics)
Research

My research area can be broadly summarized into three major Areas:

Welfare economics: This is important because it provides a framework for policy-makers to make informed decisions about how to improve the overall well-being of people in society. In addition, welfare economics can help to boost economists’ understanding of how different market structures and resource distributions impact economic efficiency and social welfare.
There are many different examples of welfare in economics. In general, welfare can be viewed as the well-being of individuals in society which is the main goal of the government of many nations. This well-being is typically measured in terms of economic indicators such as income, employment, consumption, and wealth. It can also be measured in terms of other factors such as happiness, education, health and social relations. These varying definitions and attributes of welfare help account for the inherent complexity of welfare economics. Application of the knowledge of welfare Economics have helped me to apply economic tools which enabled me to conduct research on redistribution of income at the national and household levels which is the core of my doctoral thesis. It has also enabled me to determine those factors that that responsible for income differential both nationally and at other levels. Through welfare analysis techniques, I have been able to come up with studies which ascertain whether economic growth or redistribution contributes most to poverty reduction in Nigeria and that equitable distribution of income and pro-poor growth is essential for growth to translate into meaningful and rapid poverty reduction.
A recent study I carried out in Bowen University was based on improving the welfare and livelihood of dairy farmers. Proper orientation needs to be carried out through sector policies, organizational structures and support services for dairy farms most especially in the area of healthcare. This will help stimulate dairy development by the dominant informal sector and will encourage small and large-scale dairy production.

Economic Policy: The main goal of macroeconomic policy is to provide a stable economic environment that is conducive to fostering strong and sustainable economic growth, on which the creation of jobs, wealth and improved living standards depend. My Undergraduate and M.Sc theses were both concerned with the evaluation of government programmes based on economic policies which were meant to improve the living conditions of the people. From the findings, I have been able to come up with recommendations that inform policy.

Development Economics: This is the study of how emerging nations become more financially stable. It can be used as a tool for students and economists working to develop policies that can be used in creating domestic and international policy. Development economics is also a subfield of economics that focuses on economic conditions and well-being of people in low and middle-income countries. Development economists will often work in governments, NGOs, think tanks, and academia, and are usually concerned with trying to incorporate and improve evidence-based policies and programs. By focusing on development economics, I had the opportunity of applying the tools of economic development analysis to the problems and challenges facing less-developed countries especially in Africa and to begin to understand why some countries have been able to go through a process of economic and human development whilst others have languished. Through the knowledge of development economics, I carried out studies which were able to reveal that policies targeted at reducing inequality of opportunities among rural population will go a long way in alleviating poverty and in achieving the Sustainable Development Goal1.

Institutional Service
  • Post Graduate Coordinator, Agricultural Economic
  • Chief Examiner, Postgraduate Committee (Agric. Economics) 
  • Member, College Abstract Committee (COAES)
  • Chairperson, Programme Quality Assurance Committee (Economics Programme)
  • Staff Adviser, Nigerian Economics Students Association (NESA)
Professional Service
  • Network Member, Africa Economic Research Consortium (AERC)
  • Member, Association for the Advancement of African Women Economists (AAAWE). 
  • Member, Agricultural Economics Society (AES)
  • Member, Nigeria Association of Agricultural Economists (NAAE).
  • Member, Farm Management Association of Nigeria (FAMAN)
Selected Publications
  1. Adigun, G.T. (2022). Determinants of Credit Access among Smallholder Women Farmers in Kwara State, Nigeria. Agricultural Society of Nigeria. Nigerian Agricultural Journal 53(2). pp. 121-128.
  2. Lawal, A.I., Lawal-Adedoyin B., Olakanmi, O., Kayode, T.S., Nwanji, T.I., Ajayi, S., Fakile S.A., Oseni, E., Oyelude, O & Adigun Grace. (2022). Examining the Link between Technical Efficiency, Corporate Governance and Financial Performance of Firms: Evidence from Nigeria. Journal of Risk and Financial Management, 15 (524). 1-13
  3. Olu-Ogunleye, I., Akinbode, J.O., Ebeloku, A & Adigun, G.T. (2022). The Role of Employees’ Personality in the Sustainability of Manufacturing Multinational Corporations in Nigeria. Ilorin Journal of Human Resources Management (IJHRM), 6(2): 2022.
  4. Adigun, Grace T & Adeniyi-Oso, A. E. (2023). Cost Benefit Analysis of Dairy Farming in South Western Nigeria In: Harnessing Recent Advances Towards Improved Dairy Production. Published in IOP Conference Series: Earth and Environmental Science 1219 (2023) 012024 doi:10.1088/1755-1315/1219/1/012024.
  5. Adigun, G. T., Osakede U.A, Olakanmi O.A, & Dick-Tonye, A.O. (2023). Determinants of Profitability of Dairy Farming Enterprises among Smallholder Dairy Farmers in South Western Nigeria. In: Harnessing Recent Advances Towards Improved Dairy Production. Published in IOP Conference Series: Earth and Environmental Science 1219 (2023) 012025 doi:10.1088/1755-1315/1219/1/012025
  6. Adeyonu, A. G., Ajala, A. O., Adigun, G. T., Ajiboye, B. O & Gbotosho, O. (2016). Determinants of Sweet Potato Value Addition among Smallholder Farming Households in Kwara State, Nigeria. Journal of Tropical Agriculture, Food, Environment and Extension. 15 (1).  
  7. Adigun G. T., Awoyemi T. T & Fabiyi, E. F. (2015). Analysing Poverty Situation in Rural Nigeria. Journal of Agricultural Science and Engineering. American Institute of Science 1(4), pp. 178-188  
  8. Otunaiya A.O, Ologbon O.A. C & Adigun, Grace Toyin. (2015). 
  9. Rural Households Willingness to Pay for Small Ruminant Meat in South-Western Nigeria. Agriculture, Forestry and Fisheries. Science PG 4(3):117-122. Published online May 25, 2015http://www.sciencepublishinggroup.com/j/aff) doi: 10.11648/j.aff.20150403.17 ISSN: 2328-563X (Print); ISSN: 2328-5648 (Online).
  10. Adigun G.T, Awoyemi T.T and Ajala A.O. 2015. Explaining Poverty and Inequality Changes in Rural Nigeria. Asian Journal of Agricultural Extension Economics & Sociology, 5(4): 227-23, 2015; Article no. AJAEES. 2015.055. DOI: 10.9734/AJAEES/2015/15656.  
  11. Adedeji I.A, Fabiyi E. F, Adigun G.T and Oyetunde T.O. 2015. Data Envelopment Analysis Approach as a compliment to Resource –Use Efficiency among Rice Farmers in Ogbomoso Agricultural Zone of Oyo State, Nigeria. Journal of World Economic Research. 4(2): 23-31, 2015. e-ISSN: 2328-7748, p-ISSN: 2328-773X. DOI: 10.11648/j.jwer.20150402.11.
  12. Adigun G.T and Awoyemi T.T. 2014. Economic Growth, Income Redistribution and Poverty Reduction: Experiences from Rural Nigeria. Asian Journal of Agricultural Extension, Economics & Sociology (IJAEES) 3(6): 638-653.  
  13. Adigun G.T., Bamiro O.M and Oyetoki A. 2017. Youths Participation in Agricultural Production in Oyo State: Panacea to Agribusiness Development in Nigeria: 18th Annual National Conference of the Nigerian Association of Agricultural Economists held at Federal University of Agriculture, Abeokuta. Monday, 16th-Thursday, 19th October, 2017