Professor, Financial Management Technology Department

Prof. Linus E. Akujuobi

Prof. Linus Ezewunwa Akujuobi

Professor

B.Sc, M.Sc, PhD
E-mail:  linus.akujuobi@futo.edu.ng

A Brief Biography

Professor L.E Akujuobi lectures in the Department of Financial Management Technology as a Professor of Banking and Finance and is widely experienced, as he had worked in the Public Sector as an accountant, Internal Auditor and Treasurer of different local governments before transferring his services to the University. He had his first degree from the prestigious University of Nigeria, Nsukka where he won the university prize as the Best Finance graduate of 1982 in addition to the ACB bank Ltd. prize as the best 1982 graduate in the area of Commercial Banking. His M.Sc and PhD degrees were from the Federal University of Technology Owerri. He is a fellow of some professional bodies, such as Chartered Institute of Taxation, Institute of Treasury Management in Nigeria, Institute of Chartered Economists. He is married with children and grandchildren.

Qualifications
Awards
Affiliation
Courses Assigned to Teach
Experience
Research Interest
Publications

Academic Qualification

  • PhD (Banking & Finance), FUTO                             
  • M.Sc (Banking & Finance), FUTO
  • B.Sc. (Finance), UNN

Honour/Award

He won the university prize as the Best Finance graduate of 1982 in addition to the ACB bank Ltd. prize as the best 1982 graduate in the area of Commercial Banking.

Membership of Professional Bodies

He is a fellow of some professional bodies, such as Chartered Institute of Taxation, Institute of Treasury Management in Nigeria, Institute of Chartered Economists.

Courses Assigned to Teach

  • FMT 405 Corporate Finance
  • FMT 505 Bank Lending and Credit Administration
  • FMT 968  Investment Management II
  • FMT 812 Investment Management of Analysis
  • MGT 312 Taxation
  • FMT 220 Mathematics of Finance

Work Experience

  • Professor (Banking and Finance) Oct. 2014- Present
  • Associate Professor (Banking & Finance) October 2011- September 2014 
  • Senior Lecturer, October 2008 – September 2011
  • Lecturer 1. Feb. 2005 to September 2008.

Relevant Professional Experience in Industry of Appropriate Non- Teaching Institution:                  

  • Chief accountant, Imo State Ministry of Works and Housing, June 2004 – Feb 2005.
  • Treasurer/Chief Accountant Ezinihitte Mbaise Local Government. Imo State, Nov 2003 to June 2004.
  • Treasurer/Chief Accountant. Oru West Local Government. Mgbidi, Aug. 2001 – Nov. 2003.
  • Treasurer/Assistant Chief Accountant Ideato South Local Government, Dikenafai Imo Sttae 1998-2001.
  • Treasurer/Senior Accountant. Mbaitoli, Local Government. Imo State, 1994-1998
  • Treasurer/Senior Accountant, Ideato South Local Government, Imo State. 1991- 1994
  • Internal Auditor/Accountant 1 Obioma Ngwa Local Government, Old Imo State, 1989-1991.
  • Accounts Head/Accountant, Accounts Department, Mbaitoli/Ikeduru Local Schools Management Committee, Iho, Imo State 1987-1989.
  • Accountant Ii, Imo State Schools Management Board Headquarters Owerri 1985-1987.
  • Accountant, Electroshed Engineering Company Ltd, Lagos, 1983-1985.
  • Accounting Teacher, Uso Grammar School. Uso, Ondo State (NYSC: 1982-1983)

Further Professional Experience

  • Facilitator, National Open University of Nigeria, Owerri Study Centre. 2009-2019
  • United Nations Development Programme (UNDP) Consultant for Abia State Planning Commission for the Training of Key Staff of 17 Local Governments and Community Leaders on Policy Process Formulation Analysis, Implementation and Monitoring, 2007.
  • Adjunct Senior Lecturer, Department of Banking and Finance, Imo State University Owerri, October 2008 – 2015
  • Adjunct Lecturer 1, Department of Banking and Finance, Imo State University Owerri. February 2006 to September 2008.
  • Short-Term Consultant for the Conduct of Economic Appraisal of Approved LDPS of Imo State FADAMA II Project (2005).
  • Part-Time Senior Lecturer in Project Management Technology Department. Federal University of Technology Owerri (2003-2004).
  • Part-Time Postgraduate Lecturer University of Calabar Owerri Study Centre (2000-2001).

Relevant Professional Experience in Industry of Appropriate Non- Teaching Institution:                  

  • Chief accountant, Imo State Ministry of Works and Housing, June 2004 – Feb 2005.
  • Treasurer/Chief Accountant Ezinihitte Mbaise Local Government. Imo State, Nov 2003 to June 2004.
  • Treasurer/Chief Accountant. Oru West Local Government. Mgbidi, Aug. 2001 – Nov. 2003.
  • Treasurer/Assistant Chief Accountant Ideato South Local Government, Dikenafai Imo State 1998-2001.
  • Treasurer/Senior Accountant. Mbaitoli, Local Government. Imo State, 1994-1998
  • Treasurer/Senior Accountant, Ideato South Local Government, Imo State. 1991- 1994
  • Internal Auditor/Accountant 1 Obioma Ngwa Local Government, Old Imo State, 1989-1991.
  • Accounts Head/Accountant, Accounts Department, Mbaitoli/Ikeduru Local Schools Management Committee, Iho, Imo State 1987-1989.
  • Accountant Ii, Imo State Schools Management Board Headquarters Owerri 1985-1987.
  • Accountant, Electroshed Engineering Company Ltd, Lagos, 1983-1985.
  • Accounting Teacher, Uso Grammar School. Uso, Ondo State (NYSC: 1982-1983)

Further Professional Experience

  • Facilitator, National Open University of Nigeria, Owerri Study Centre. 2009-2019
  • United Nations Development Programme (UNDP) Consultant for Abia State Planning Commission for the Training of Key Staff of 17 Local Governments and Community Leaders on Policy Process Formulation Analysis, Implementation and Monitoring, 2007.
  • Adjunct Senior Lecturer, Department of Banking and Finance, Imo State University Owerri, October 2008 – 2015
  • Adjunct Lecturer 1, Department of Banking and Finance, Imo State University Owerri. February 2006 to September 2008.
  • Short-Term Consultant for the Conduct of Economic Appraisal of Approved LDPS of Imo State FADAMA II Project (2005).
  • Part-Time Senior Lecturer in Project Management Technology Department. Federal University of Technology Owerri (2003-2004).
  • Part-Time Postgraduate Lecturer University of Calabar Owerri Study Centre (2000-2001).

Research Interest

Public Finance, Corporate Finance, Taxation, Local Government Finance, Investment and Related Areas.

PUBLICATIONS:

  1. DURUIBE, S.C, AKUJUOBI L.E, NWABEKE, C. OGOKE, S. EMENALOM, K. A (2019) COMPARATIVE STUDY OF FISCAL FEDERALISM IN NIGERIA, THE UNITED STATES OF AMERICA AND THE UNITED KINGDOM, EUROPEAN SCIENTIFIC JOURNAL VOL 15, NO 28 IS SSN 1857-7881. (PRINT) E ISSN 1857-7431.
  2. ONUORAH A. C. AND AKUJUOBI, L.E (2013), IMPACT OF MACROECONOMIC INDICATORS ON THE PERFORMANCE OF FOREIGN PORTFOLIO INVESTMENT IN NIGERIA, VOL. 5 (2) P. 81-91 (EUROPEAN JOURNAL OF BUSINESS AND MANAGEMENT) (UK).
  3. OSUJI C.C AND AKUJUOBI, L.E (2013), MACROECONOMIC FUNDAMENTALS OF FOREIGN INVESTMENT AND ECONOMIC GROWTH IN SUB-SAHARAN AFRICAN: THE NIGERIAN CASE, VOL. 4 (1) P.1-8 (RESEARCH JOURNAL OF FINANCE AND ACCOUNTING) (USA).
  4. AKUJUOBI, L.E. (2012), “EXTERNAL DEBTS AND NIGERIA’S ECONOMIC DEVELOPMENT” IN AFRREV IJAH, VOL.1 (1) P. 55 -67 (ETHIOPIA)
  5. OSUJI, C.C. AND AKUJUOBI, L.E (2012), (LONG-RUN NEUTRALITY CONTROVERSY IN A DEVELOPING ECONOMY; THE NIGERIAN EXAMPLE IN ARABIAN JOURNAL OF BUSINESS & MANAGEMENT REVIEW VOL.1 (12) JULY (OMAN).  
  6. OSUJI, C.C. AND AKUJUOBI, L.E (2012), “INFLATION TARGETING AND MONETARY POLICY INSTRUMENTS: EVIDENCE FROM NIGERIA AND GHANA” IN ARABIAN JOURNAL OF BUSINESS AND MANAGEMENT REVIEW, VOL.1 (II) JULY (OMAN).
  7. CHIGBU, E.E, AKUJUOBI, L.E. AND APPAH, E (2012) AN EMPIRICAL STUDY ON THE CAUSALITY BETWEEN ECONOMIC GROWTH AND TAXATION IN NIGERIA” IN CURRENT RESEARCH JOURNAL OF ECONOMIC THEORY, 4(2) PP. 29-38 ISSN: 2042-485 X (Pakistan).
  8. ONUORAH, A.C AND AKUJUOBI, L.E. (2012) “EMPIRICAL ANALYSIS OF PUBLIC EXPENDITURE AND ECONOMIC GROWTH IN NIGERIA” IN ARABIAN JOURNAL OF BUSINESS AND MANAGEMENT VOL.1 (II) JUNE, PP 46-59 REVIEW (AJBMR) (OMAN).
  9. AKUJUOBI, L.E AND IHEKWEME, S.C (2011) “RENEWABLE ENERGY FOR SUSTAINABLE ENVIRONMENT AND ECONOMIC GROWTH IN NIGERIA” IN INTERNATIONAL JOURNAL OF SUSTAINABLE DEVELOPMENT, VOL. 4, NO. 7, PP 178 – 182
  10. OKONKWO, C.K. AND AKUJUOBI, L.E. (2011), “THE IMPACT OF FINANCING SOURCES ON THE CAPITAL EXPENDITURE OF ANAMBRA STATE GOVERNMENT, NIGERIA 1992 – 2008, INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS, ISSN2073 – 7122, FEBRUARY EDITION, IJCRB, VOL.2 NO.10 (UK)
  11. AKUJUOBI, A.B.C AND AKUJUOBI, L.E., (2010) “FOREIGN DIRECT INVESTMENT AND THE CAPITAL. MARKET: EVIDENCE FROM NIGERIA’ INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS, ISSN 2073-7122. IJCRB. NOVEMBER EDITION IJCRB VOL.2, NO.7 (U K)
  12. AKUJUOBI, L.E., (2010) “MONETARY POLICY AND NIGERIA’S ECONOMIC DEVELOPMENT”, AFRICAN RESEARCH REVIEW, Vol.4 (4), S/No17, October, ISSN1994-9057 and ISSN2O7O-0083. http://wwwafrrevjo.com (ETHIOPIA)
  13. AKUJUOBI, L.E. AND AKUJUOBI, A.B.C., (2010) “PRIVATIZATION AND COMMERCIALIZATION IN NIGERIA: TOWARDS A FRAMEWORK FOR SUSTAINABLE CAPITAL MARKET DEVELOPMENT”. INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS, ISSN 2073-7122. IJCRB. OCTOBER EDITION, IJCRB VOL.2, NO.6 (UK)
  14. AKUJUOBI, L.E. AND AKUJUOBI, A.B.C. (2009), “INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) AND BANK PERFORMANCE: THE NIGERIAN EXPERIENCE”. IN AFRICAN RESEARCH REVIEW Vol. 3(5) http://www afrrevjo.com (ETHIOPIA)
  15. AKUJUOBI, L.E. AND KALU, I.U (2009). “STATE GOVERNMENT FINANCES AND REAL ASSET INVESTMENTS: THE NIGERIAN EXPERIENCE”. THE AFRICAN JOURNAL OF ACCOUNTING. ECONOMICS FINANCE AND BANKING RESEARCH (AJAEFBR) Vol.4 (4) July (PP 1-11) ISSN 1933-3463. http://wwwglobip.com/africanjournal htm (U.S.A)
  16. AKUJUOBI, L.E. AND AKUJUOBI, A.B.C (2009) “FINANCING STATE GOVERNMENTS IN NIGERIA 1980-2007”, IN AFRICAN RESEARCH REVIEW. Vol 3(3), April (PP.204-215), ISSN 1994-9057 AND ISSN 2070-0083. http://www afrrevjo.com (ETHIOPIA)
  17. AKUJUOBI, A.B.C AND AKUJUOBI, L.E. (2009) “GLOBALIZATION AND ECONOMIC DEVELOPMENT LESSONS FROM NIGERIA” IN INTERNATIONAL JOURNAL OF SCIENCE, VOCATIONAL AND BUSINESS STUDIES (IJSVBS) VOL.5(1), MARCH (PP77-85). ISSN 09966-9740 (SOUTH AFRICA)
  18. AKUJUOBI, L.E. AND ONUORAH, A.C. (2006) “AN EVALUATION OF NIGERIAN COMMUNITY BANKS (1992—2004)”, JOURNAL OF RESEARCH IN NATIONAL DEVELOPMENT VOL. 6, NO 1. DECEMBER, PP. 134-145 www.trascampus.org
  19. AKUJUOBI. A.B.C., AKUJUOBI, L.E. AND OKOROCHA, K.A (2008) FINANCING OPTIONS AND DEVELOPMENT PROJECTS IN THE NIGERIAN LOCAL GOVERNMENT SYSTEM”. IN INTERNATIONAL JOURNAL OF DEVL-LOPMLNE MANAGEMENT REVIEW VOL. 3(1). MAY PP 122 – 132, ISBN: 159 7-9492.
  20. AKUJUOBI, L.E. (2007) “ENDURING REVENUE GENERATION SYSTEM FOR COMMUNITY DEVELOPMENT: STRATEGIES AND MODALIJIES IN JOURNAL OF MANAGEMENT RESEARCH & DEVELOPMENT, VOL. 1 NO 1, JUNE, PP 29 38
  21. AKUJUOBI, L.E. AND AKUJUOBI, A.B.C (2007) AN “EVALUATION OF THE FINANCING OF THE EXPENDITURE PROFILE OF STATE GOVERNMENTS IN NIGERIA”, ECONOMIC AND BUSINESS REVIEW VOL. 1 NO. 2, JULY.
  22. AKUJUOBI, A.B.C. AND AKUJUOBI, L.E. (2007) “EXCHANGE RATE VOLATILITY AND ECONOMIC DEVELOPMENT”, ECONOMIC AND BUSINESS REVIEW VOL. 1 NO. 1, JANUARY
  23. AKUJUOBI, L.E. AND ONUORAH, AC. (2007) “DEBT AND ECONOMIC DEVELOPMENT IN NIGERIA” JOURNAL OF RESEARCH IN NATIONAL DEVELOPMENT VOL. 5. NO. 2. ISSN 1596-8308. DECEMBER, PP. 36-43 www.trascampus org
  24. AKUJUOBI, L.E AND ONUORAH. AC (2007) ‘THE IMPACT OF COMMERCIAL BANK CREDITS ON ECONOMIC DEVELOPMENT OF NIGERIA. 198 1-2004. IN THE INTERNATIONAL JOURNAL QT DEVELOPMENT AND MANAGEMENT REVIEW, VOL 2, NO 1, ISSN. 1597-9492, OCTOBER, PP 200-210.
  25. AKUJUOBI, A.B.C. AND AKUJUOBI, L.E. (2007) “THE NIGERIAN CAPITAL MARKET AND ECONOMIC DEVELOPMENT-A PREDICTION MODEL” IN NIGERIAN JOURNAL OF ECONOMIC AND FINANCIAL RESEARCH, Vol. 1 No 3. ISSN: 0795-2740, JULY, PP 16-29.
  26. AKUJUOBI, L.E. AND AKUJUOBI N.C. (2007) “AN EVALUATION OF NIGERIAN AGRICULTURAL INSURANCE SCHEME IN IMO STATE” IN INTERNATIONAL JOURNAL OF DEVELOPMENT AND MANAGEMENT REVIEW. VOL. 1 NO 1. APRIL, PP 83-98.
  27. AKUJUOBI, L.E. (2007) “THE ROLE OF NIGERIAN LOCAL GOVERNMENTS IN THE DEVELOPMENT OF SMALL AND MEDIUM-SCALE ENTERPRISES” IN INTERNATIONAL JOURNAL OF DEVELOPMENT AND MANAGEMENT REVIEW. VOL. 1 NO. 1. APRIL, PP141 – 146.
  28. AKUJUOBI, L.E. (2006), MANAGING LOCAL GOVERNMENT FINANCES IN A STRESSFUL ENVIRONMENT” IN NIGERIAN JOURNAL OF ECONOMIC AND FINANCIAL RESEARCH, VOL. 1. NO 1, MARCH, PP. 42 – 49.
  29. AKUJUOBI, L.E. AND AKUJUOBI. A B C (2006) FISCAL FEDERALISM AND RESOURCE CONTROL THE WAY OUT OF THE NIGERIAN MARGINALIZATION PROBLEM” IN THE NIGERIAN JOURNAL 01 ECONOMIC AND FINANCIAL RESEARCH VOL. 1. NO 1 MARCH, PP. 16-24.
  30. ANUOLAM, M.U AND AKUJUOBI, L.E. (2001) ANALYSIS OF VARIOUS CRITERIA FOR REVENUE SHARING IN NIGERIA AND ELSEWHERE, WITH SPECIAL REFERENCE TO LOCAL GOVERNMENTS IN JOURNAL OF PROJECT MANAGEMENT TECHNOLOGY, VOL.3, NO 1 NO, PP 60-68

(II) BOOKS

  1. AKUJUOBI, L.E. (2006). CORPORATE FINANCE, OWERRI, SPRINGFIELD PUBLISHERS LTD.
  2. AKUJUOBI, L.E. (2006), INVESTMENT ANALYSIS OWERRI, ADYUDO PRESS.
  3. AKUJUOBI, L.E. (2000). NIGERIAN LOCAL GOVERNMENT FINANCE. LAGOS. MCRUDOPH PUBLISHERS.
  4. ANUOLAM, MO, AKUJUOBI, L.E. AND UMA. V C (1999) ISSUES IN FINANCE, OWERRI, CHERRY BREN PUBLISHERS.

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