ENVIRONMENTAL RISK MANAGEMENT AND HUMAN DEVELOPMENT INDEX IN NIGERIA
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Authors: ADUWO Olola Olayeye
Affiliations: Department of Accounting, Olusegun Agagu University of Science and Technology (OAUSTECH), Okitipupa, Ondo State Nigeria
Corresponding Author: oo.aduwo@ouastech.edu.ng
Published in: ESUI Business and Management Journal, Volume 3, Issue 1 (2026)
Pages: 26-34
ISSN: 1595-5656
Views: 1 | Downloads: 0
Status: Approved
License: Creative Commons Attribution 4.0 International
Abstract
Environmental risk management promote sustainable development and accelerating human welfare. This study examined the impact of environmental risk management on the human development index (HDI) In Nigeria. The specific objectives of the study include the assessment of environmental disclosure, environmental conservation policies, environmental compliance and urban human development strategies. This study adopted qualitative research design by obtaining a time series data ranging between 2013 to 2024. Analytic data tool such as the ordinary least squares (OLS) regression technique were adopted for secondary data obtained from both national and international database preliminary diagnostic tests that employed descriptive statistics and unit root tests were applied to validate the stationarity and reliability of the variables of the study. The result of the analytical tools revealed that environment disclosure and urbanization revealed significant positive effects on the Human Development Index (HDI) whereas environmental compliance and conservation policies contributed positively to human development in Nigeria. Hence, the study concludes that environmental risk management practices improved human development. The study, therefore recommended that environmental regulations need to be put in place report on environment activities periodically and environmental conservation policies should be promoted for sustainable development in Nigeria.
Keywords
Environmental risk, Environmental management, Human development, Development indicators, Environmental conservatism, Environmental policy
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ADUWO Olola Olayeye. (2026). "ENVIRONMENTAL RISK MANAGEMENT AND HUMAN DEVELOPMENT INDEX IN NIGERIA." ESUI Business and Management Journal, 3(1), 26-34.
Publication Timeline
- Received: May 11, 2026
- Accepted: May 11, 2026
- Published: May 11, 2026
- Last Updated: May 11, 2026
DC.Title: ENVIRONMENTAL RISK MANAGEMENT AND HUMAN DEVELOPMENT INDEX IN NIGERIA DC.Creator: ADUWO Olola Olayeye DC.Date.issued: 2026-05-11 DC.Source: ESUI Business and Management Journal DC.Source.Volume: 3 DC.Source.Issue: 1 DC.Identifier: 88 DC.Language: en DC.Type: Text.Serial.Journal DC.Rights: Copyright (c) 2026 ADUWO Olola Olayeye DC.Rights.License: CC BY 4.0 DC.Identifier.PDF: https://esuibusinessjournal.com/uploads/manuscripts/6a01a7759393a_ENVIRONMENTAL_RISK_MANAGEMENT_AND_HUMAN_DEVELOPMENT_INDEX_IN_NIGERIA.pdf