LOCAL GOVERNMENT AUTONOMY IN NIGERIA; A NEED FOR CONSTITUTIONAL REFORM "The basic irony between the U.S system and ours is that; while the various forms of local government are working wonders even when they are not mentioned anywhere in the U.S constitution; complaints over the failings of the Local Governments abound here even when they are entrenched in and catered for by
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REVENUE ALLOCATION FORMULA IN NIGERIA INTRODUCTION Prior to the discovery of oil in Nigeria‚ other sectors of the economy thrived. Agriculture‚ for instance‚ was a major source of revenue for the Western Region. The Eastern Region that was less endowed devised other sources of revenue. All this has however changed since the discovery of oil in the country. This has led to the demise of the other productive sectors of the economy. In fact‚ Nigerians are poorer today than they were in the pre-oil boom
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Assessment of the Business Environment in Nigeria THE NATIONAL DIAMOND Factor Conditions: Despite Nigeria’s substantial natural resources its infrastructure is inadequate‚ particularly its road and electricity networks‚ which are a significant obstacle to economic growth. Only 30% of the population7 has access to electricity and only 31% of the road network is paved. Shortcomings in operations and safety have given both the ports and air space a reputation as the most unsafe in the region
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Etisalat Success Story in Nigeria Etisalat is a prominent telecommunications corporation providing to consumers‚ businesses‚ international telecommunication companies‚ ISPs and mobile operators. Etisalat operates in eighteen countries across Asia‚ the Middle East and Africa‚ a coverage area which reaches more than two billion people. To date‚ the group’s global subscriber base exceeds over 140 million subscribers through mobile and Landline voice and data services ("Etisalat Nigeria"). Through the launch
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Reassessing Impacts of MDGs in Nigeria A Global Partnership for Development was adopted by 189 nations‚ signed by 147 heads of state and governments during the UN Millennium Summit in September 2000. Bill Gates has called them "the best idea for focusing the world on fighting global poverty that [he has] ever seen." The signing of the partnership was the beginning of the process towards the establishment of Millennium Development Goals (MDGs). Nigeria was among the countries to establish an
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is one of the emerging technology areas where Nigeria is lacking in expertise. It is classified in the same group as ICT and biotechnology. Already‚ the technology is being used in advanced economies of the WEST and SOUTH-EAST Asia‚ to create high technology industries in areas of electronics‚ medicine‚ development of new materials and space. Nanotechnology has been identified as one of the technologies of the technologies of the future for Nigeria. This is therefore the time to key into the global
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Why would users rely on financial statements? What is an example of a financial measure that an external user might use? What is an example of a financial measure that an internal user might use? Users rely on financial statements to gauge the strength and outlook of companies. Others understand that. One would want that company to make money for them when they invest. If companies didn’t make money for you there would be no reason to buy stocks and no reason the price of a stock would ever
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Review sheet Test 2 Chapters 4 & 5 (33 Multiple choice) Chapter 4 ▪ Definitions or calculations presentation on financial statements- Net Sales‚ COGS‚ gross profit‚ selling and administrative expenses o Sale - sale discount = Net sales o Net sale – COGS = Gross profit o Sale discount + net sale= sale o Sale – net sale = sale dis o Net sale – gross profit= COGS New asset -> inventory Expense -> COGS Revenue -> sales Contra revenue (debit)
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| |1. |Which of the following is the best definition of personality? | | | |a. | | | |Personality is an aggregate set of traits that are mostly determined at birth. | |
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Kaplan University AC113-01 UNIT 1 ASSIGNMENT My current networking strategies are different in comparison to my past networking strategies. Over the years I have realized how important networking is and that it is something that you must tend to over time in order to reap benefits from it in the future. After all‚ the United States Bureau of Labor of Statistics stated that 70% of jobs are obtained through networking (Caullay). In the past I used to only have friends‚ family members‚ and
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