Post-Retirement Engagement Plan Among Oil Company Workers in the Niger Delta Region of Nigeria: Is there Interest in Agricultural Investment?

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Post-Retirement Engagement Plan Among Oil Company Workers in the Niger Delta Region of Nigeria: Is there Interest in Agricultural Investment?

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Abstract

Workers, including oil company workers are advised to plan for their exit from their employing firms or establishments to avoid been driven below poverty line after retirement. There is also advocacy for people to invest in agriculture by state and federal governments. This study therefore examined the level of interest in agricultural investment among oil company workers in the Niger Delta Region of Nigeria, in their post-retirement engagement plans. From among the workers in the oil companies operating in the study area, 232 respondents were selected and data were elicited from them with the use of questionnaire. The data were treated with the application of descriptive statistics and Pearson’s Product Moment Correlation (PPMC) analysis. The level of interest in agricultural investment among the oil company workers is low (31.03%) just as most of them had 11-15 years left to be in service and most (68.53%) of them planned to remain in urban settlements after retirement.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Ofuoku, A.U., Ekine, D.I.. 2016. "Post-Retirement Engagement Plan Among Oil Company Workers in the Niger Delta Region of Nigeria: Is there Interest in Agricultural Investment?". Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 15 (GJHSS Volume 15 Issue E9).

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords
Classification
GJHSS-E Classification FOR Code: 910109
Version of record

v1.2

Issue date
January 14, 2016

Language
English
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Post-Retirement Engagement Plan Among Oil Company Workers in the Niger Delta Region of Nigeria: Is there Interest in Agricultural Investment?

Ofuoku, A.U.
Ofuoku, A.U. Delta State University
Ofuoku, A.U.
Ofuoku, A.U.
Ekine, D.I.
Ekine, D.I.