Department of Economics

About Department of Economics

The Department of Economics was established in 1977 to offer the B.Sc. Degree in Economics.  The Department took off under the then Faculty of Arts and Social Sciences between 1977 and 1981. It later became under Faculty of Business and Social Sciences until 2014 when it was splitted into two new faculties: Faculty of Management Sciences and Faculty of Social Sciences. The Department of Economics has, since 2014, been under the Faculty of Social Sciences.

The number of lecturers in the Department ranged between seven and ten in 1977 and 1990. But five lecturers resigned their appointments for various reasons in 1991. And this made staffing situation precarious. The Department now has at twenty lecturers, with seventeen holding Ph.D.

The first Head of Department from its own staff was appointed in 1980. He was Dr. G.N. Anyatonwu. In 1983, Dr. P.N. Mehotra, an Indian, became the Head following the demise of Dr. Anyatonwu.  From then the headship of the Department is as follows:

Dr. I. I. Ihimodu                       1984-1989

Dr. I. O. Taiwo                         1989-1990

Dr. M. O. Odedokun                1990-1991

Dr. I. O. Taiwo                         1991-1994

Prof. I. I. Ihimodu                    1994-1995

Dr. G. O. Atoyebi                    1995-1997

Prof. I. O. Taiwo                      1997-1999

Dr. G. O. Atoyebi                    1999-2003

Dr. A. Jimoh                            2003-2005

Prof. (Mrs.) E. Amali                2005-2007

Dr. A. Usman                           2007-2009

Dr. G.T. Arosanyin                   2009-2010

Dr. G.T. Ijaiya                            2010-2011

Dr. R.A. Bello                            2011-2012

Dr. H.I. Mobolaji                       2012-2013

Dr. G.T. Ijaiya                            2013-2014

Dr. A. Usman                          2014-2016

Prof. G.T. Arosanyin                2016-2018

Dr. S. B. Akanbi                      2018-2019

Dr. A. T. Yakubu                     February-September, 2019

Dr. A. A. Kilishi                       2019-2020

Dr. M. A. Yaru                        2020-to date

Philosophy

The philosophy of the Department of Economics is to empower graduates in economics and allied disciplines with a view to resolve social, economic and political problems in both domestic and international affairs.

Objectives

The objectives of the Department of Economics include:

  • To develop and improve students’ understanding of social problems and the application of this understanding in a variety of environments in general and the Nigerian economy in particular;

  • To develop students’ critical judgments, ability to observe, understand, and analyse information on socio-economic problems, using social science methods and techniques;

  • To develop students’ creativity and development-inducing values, such as hard work, probity, commitment, patriotism, and discipline;

To train manpower for the Nigerian economy and promote the spirit of self-reliance.

PROGRAMMES AND ADMISSION REQUIREMENTS

Programmes

The programmes run by the Department include; Diploma in Money and Banking, B.Sc. Degree in Economics, M.Sc. Degree in Economics, and Ph.D. in Economics.

Admission Requirements for Programmes in the Department

Diploma in Money and Banking

  • Five ‘O’ Level Credits including English Language, Mathematics, Economics and two other subjects from Accounts, Commerce, Business Methods, Geography, Statistics and Government.  The five credits should be obtained at no more than two sittings.

B.Sc. Degree in Economics

  • UTME
  • Five ‘O’ Level Credits including English Language, Mathematics, Economics and two other subjects from Accounts, Commerce, Business Methods, Geography, Statistics and Government.  The five credits should be obtained at no more than two sittings.

  • UTME subject combination includes English Language, Mathematics, Economics and any other social science subject.
  • Direct Entry
  • GCE ‘A’ Level passes in Economics and, at least, one from Accounting, Business Management, Mathematics, Geography and Government, or Own Diploma in Money and Banking with at least Upper Credit.

M.Sc. Degree in Economics

  • B.Sc. Degree in Economics (with, at least, Second Class Lower Division) plus Five ‘O’ Level Credits including English Language, Mathematics, Economics, and two other subjects from Accounts, Commerce, Business Methods, Geography, Statistics and Government.  The five credits should be obtained at no more than two sittings.

P.hD. in Economics

  • M.Sc. Degree in Economics (at 60 percent) plus Five ‘O’ Level Credits including English Language, Mathematics, Economics and two other subjects from Accounts, Commerce, Business Methods, Geography, Statistics and Government.  The five credits should be obtained at no more than two sittings.

Upcoming Events

December 4, 2023

Commencement Of 2022/2023 Academic Session