THE GROWTH OF THE NIGERIAN ECONOMY AND THE NATIONAL UNEMPLOYMENT RATE 1996 - 2010 BY ADEOTI‚ JULIUS OLAKUNLE ECONOMICS DEPARTMENT EMMANUEL ALAYANDE COLLEGE OF EDUCATION‚ OYO. 08035680332‚08058364379 BEING A PAPER PRESENTED AT THE 4TH ANNUAL NATIONAL CONFERENCE OF THE SCHOOL OF ARTS AND SOCIAL SCIENCES‚ ADEYEMI COLLEGE OF EDUCATION‚ ONDO‚ ONDO STATE HELD BETWEEN 23RD – 26TH APRIL‚ 2012. VENUE: OLUSEGUN OBASANJO AUDITORIUM‚ ADEYEMI COLLEGE OF EDUCATION
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NIGERIAN ECONOMY/GDP AND PRODUCTION Nigeria recorded a Current Account surplus of 11.60 percent of the country’s Gross Domestic Product in 2011. Current Account to GDP in Nigeria is reported by the African Economic Outlook. Historically‚ from 1980 until 2011‚ Nigeria Current Account to GDP averaged 1.2 Percent reaching an all time high of 37.9 Percent in December of 2008 and a record low of -18.7 Percent in December of 1986. The Current account balance as a percent of GDP provides an indication
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FDI and Economic Growth: Evidence from Nigeria By Adeolu B. Ayanwale Department of Agricultural Economics Obafemi Awolowo University Ole-Ife‚ Nigeria AERC Research Paper 165 African Economic Research Consortium‚ Nairobi April 2007 THIS RESEARCH STUDY was supported by a grant from the African Economic Research Consortium. The findings‚ opinions and recommendations are those of the author‚ however‚ and do not necessarily reflect the views of the Consortium‚ its individual members or the
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rubber. Starting from a low technological base after political independence in 1960‚ the country embarked on the arduous task of building a state with one identity by integrating the different ethnicities and transforming the barter economy into financial exchange economy. The country provided infrastructure and social amenities for a very young population. Over the years‚ policies were pursued in order to achieve the goal of a balanced national development that reflects the “Federal Character” of
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The STP Process in Marketing Management By Chrissy Rice‚ eHow Contributor Print this article STP stands for segmentation‚ targeting and positioning. STP‚ which stands for segmentation‚ targeting and positioning‚ is a fundamental concept in marketing management. It is usually the first step in developing a marketing plan. The three parts of the concept maximize exposure and market saturation by looking at the most important factors that impact how a good or service will be received.
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livewire of Nigerian economy‚ Nigeria being an agrarian nation can’t de-emphasize the importance of agriculture not only to her economy but also to general well being of the populace. The basic importance of agriculture in Nigeria include but not restricted to provision of food for all‚ provides employment for about 70% of the populace‚ source of family and national income‚ generate savings both external and internal revenue among others. Agriculture which was the livewire of Nigerian economy
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NIGERIA AND SOUTH AFRICA Folorunso S. Ayadi University of Lagos Felix O. Ayadi Texas Southern University Abstract This paper investigates the impact of the huge external debt‚ with its servicing requirements‚ on economic growth of the Nigerian and South African economies. The external debts of Nigeria and South Africa are analyzed in a new context utilizing traditional‚ but innovative‚ models and econometric techniques. The Neoclassical growth model‚ which incorporates external sector‚ debt indicators
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THE TWO GAP MODEL AND THE NIGERIAN ECONOMY. - BRIDGING THE GAPs WITH FOREIGN DIRECT INVESTMENT. . By Bakare Aremu‚ Tunde Abubakar Department of Economics ‚ university of lagos‚ akoka‚ yaba ‚lagos And Bashorun‚ oladipo titilayo Department of Finance ‚ university of lagos‚ akoka‚ yaba ‚lagos ABSTRACT Holis Chenery (2005) proposed existence of 2-gaps in LDCs in his TWO GAP MODEL. This research work sought to unveil the existence of the gaps in the Nigeria economy. We realized that domestic
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PROBLEMS AND PROSPECTS OF THEATRE ENTREPRENEURSHIP IN THE NIGERIAN ECONOMY Afolabi Taiwo Okunola (Department of Theatre & Film Arts‚ University of Jos‚ Nigeria) Abstract The business of theatre management is business of management. It is a culmination of the directive principles‚ canons and protocols governing theatre and management together to form a formidable team which thus makes a theatre entrepreneur. Being a theatre entrepreneur in Nigeria entails many dilemmas‚ challenges and hurdles. Thus
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Journal of Management and Corporate Governance © 2010 Cenresin Publications www.cenresin.org Volume 2‚ December 2010 INVESTIGATING THE RELATIONSHIP BETWEEN VAT AND GDP IN NIGERIAN ECONOMY Denis Basila Department of Accounting Adamawa State University‚ Mubi‚ Nigeria denis.basila@yahoo.com ABSTRACT This study is an empirical investigation into the relationship between Value Added Tax (VAT) and Gross Domestic Product (GDP) in Nigeria. This research is significant for planning and policy formulation
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