This study provides a comparative review of education funding across geopolitical zones in Nigeria and draws a nexus between Nigeria's budgetary allocation to education and some selected African countries. Education funding in Nigeria has lagged the UNESCO's advised 15%-20% of the government's annual budget to education in the last three decades. We assess education funding across the six geopolitical zones between 2010 and 2019 using content analysis of the respective states. A review of the WAEC enrollment for states in each zone is performed to compare how education funding impacts WAEC enrollment in Nigeria. The study identifies a link between poverty and income inequality and education funding in Nigeria by leveraging data from the World Bank and Nigeria Bureau of Statistics (NBS) from 2001-2019. We identify low funding of education as the primary driver of poverty and inequality in Nigeria. The study recommends a diversified funding mechanism to enhance the sector's funding and improve the quality of education in the country.
The impact of the U.S - China trade conflict extends beyond both nations' economies to the economies of trade allies and non-trading partners caught in the web of the trade impasse. This paper conducts a sectoral analysis of the trade conflict on the U.S economy using the manufacturing, agriculture, and technology sectors as metrics. We explore data from the databases of the U.S Census Bureau and the U.S Bureau of Economic Analysis from 2001 to 2019. The trade conflict has led to a significant reduction in trades between both nations. The 25% counter tariff imposed by China reduced U.S exports by $30 billion between 2018 and 2019. Primary income receipts declined 10%, and secondary income receipts declined further in the negative territory. China's counter-tariffs increased component costs for the U.S automobile industry, leading to a reduction in the number of new and used vehicles sold during the period. We identify an incentive-driven trade policy framework against the current punitive stance, the resumption of trade negotiations, and leveraging the WTO's instrumentality as measures to resolve the current trade conflict.
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