2302-4593 Vol. 2 (5): 102 - 115 The impact of petroleum on economic growth in Nigeria Michael Baghebo Niger Delta University‚ Bayelsa State‚ Nigeria baghebomichael@yahoo.com Timothy Okule Atima Niger Delta University‚ Bayelsa State‚ Nigeria Abstract The study examines the impact of petroleum on economic growth of the Nigerian economy. Data covering the period 1980-2011 was collected from the Central Bank of Nigeria Statistical Bulletin‚ and transparency international Agency annual publications
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common disease of all times that is threatening us with the extinction of youths and adults. It is not only terrorizing the entire generation but also kills and leaves millions of orphans for the oldest grandparent to carter for. 2.1 HIV/AIDS IN NIGERIA According to USAID brief (2004)‚ Nigerian epidemic is characterized by one of the most rapidly increasing rates of new HIV/AIDS cases in West Africa. Adult HIV prevalence increased from 1.8% in 1991 to 5.8% in 2001. This infection rate‚ although
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INTRODUCTION Crime and punishment are two concepts that are vital to the harmony and peaceful co-existence of a state. The goal of every society is that every inhabitant should pursue his interest and aspirations without fear or hindrance from another co-inhabitant. In securing this‚ every community of man has always put in place rules and norms that regulate the interaction of the inhabitants. Certain conducts in the society that threatens the societal goals are collectively frowned at. Such
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Behavioural Issues in the Budgetary Control System Objectives of Budgeting Through budgeting organisations can provide information for strategic planning and control‚ these are the two main objectives of the budgetary control system. Management and management accountants must work together and operate a system that achieves these objectives‚ they do so through a system called variance analysis. Management accountants compare the actual results against the budgets; they then send reports to the
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Modern Day Human Trafficking in Nigeria As an individual‚ imagine going through the motions of a typical day to then realize a women figure has now vanished. This woman figure who has now vanished carried out roles such as a mother‚ sister‚ daughter‚ friend‚ and cousin. Considering this is a blessing as your only imagining such bazaar as for the women in Nigeria this is their reality. In the article “Child‚ Bride‚ Mother: Nigeria” by Stephanie Sinclair provides adequate information to the readers
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The budgeting process and the end product‚ the budget‚ comprise two essential elements of multinational management: planning and control. Planning is the primary function of the budgeting process and the result‚ the budget‚ provides the basis for subsequent monitoring and control of activities. For a multinational firm‚ with geographically dispersed subsidiaries to coordinate and control‚ an ineffective planning and control system can be disastrous. For the typical multinational firm‚ the budgeting
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the right country‚ the United States‚ at the right time (1930)”. None of us has a say in where he is born‚ but we can do something about it for our children. I therefore wish to discuss each factor associated with quality of life as related to Nigeria and plead for suggestions from all of us on how to improve on them so as to make this country a good place for us to live: * Material wellbeing as measured by GDP per head: The gross domestic product (GDP) or gross domestic income (GDI) is
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Applied Econometrics and International Development. AEID.Vol. 5-2 (2005) MONETARY POLICY AND MACROECONOMIC INSTABILITY IN NIGERIA: A RATIONAL EXPECTATION APPROACH FERIDUN‚ Mete * FOLAWEWO‚ Abiodun OSINUBI‚ Tokunbo Abstract Generally‚ both fiscal and monetary policies seek at achieving relative macroeconomic stability. Based o countries’ experience on n the role of monetary policy in controlling economics instability‚ this study examines the efficacy of monetary policy in controlling
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CAPITAL BUDGETING: ADVANTAGES AND LIMITATIONS. SEPTEMBER 2012 CHAPTER ONE INTRODUCTION 1.0 Background Study Capital budgeting is the process by which firms determine how to invest their capital. Included in this process are the decisions to invest in new projects‚ reassess the amount of capital already invested in existing projects‚ allocate and ration capital
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INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154‚ 729‚000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1‚4011. Nigeria also has the second largest economy in Africa . If I may ask‚ is this country not blessed? Yet‚ it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government and the private sector had discussed
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