relationship between human capital development efforts of the Government and economic growth in Nigeria. It seeks to find out the impact of government recurrent and capital expenditures on education and health in Nigeria and their effect on economic growth. The data used for the study are from secondary sources while the augmented Solow model was also adopted. The dependent variable in the model is the level of real output while the explanatory variables are government capital and recurrent expenditures
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Since 1974 the Bank has committed $1.2 billion for Agricultural Development Projects (ADPs) to increase farm production and welfare among smallholders in Nigeria. OED reviewed five ADPs and a supporting Agricultural Technical Assistance Project (ATAP)‚ all implemented between 1979 and 1990. Only two of the six projects had satisfactory outcomes. In general‚ rainfed agricultural production was far below projections. Macroeconomic conditions‚ some national policies‚ and particular design and implementation
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Assignment | Cost of Capital‚ Capital Budgeting and Financial Planning | Chapter(s) | 9‚ 10‚ 12 | Group Name | | Student Name(s) | | Date | | Instructions: HW Assignments will be uploaded to Kean Blackboard and must be accessed from there. You must work in groups where assigned (or independently if not assigned to groups) on homework assignments. Points are noted against each question. You are required to submit Home Work assignments electronically on Kean Blackboard using MS-Office
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Term Paper written by Onipede Ibidunni Seun on Capital Gains Tax in Nigeria Introduction Discussing capital gain tax without first presenting a general overview of the entire concept of taxation will be tantamount to putting a cart before a horse. It is therefore very important that justice be done by explaining taxation and various types of taxes. Taxation: A General overview Tax and taxation has been variously defined by different authors. Oyegbile (1996) defines tax as a sum of money paid by
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CHAPTER ONE INTRODUCTION This project focuses on the poverty profile in Nigeria‚ the foreign aids given to the nation to help alleviate poverty and how it affects the economic development of Nigeria. According to the World Bank website‚ “poverty is hunger. It is lack of shelter. Poverty is being sick and not being able to see a doctor. It is not being able to go to school‚ not knowing how to read‚ and not being able to speak properly. Poverty is not having a job‚ and is fear for the future‚ and
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THE PLACE OF NDI-IGBO IN NIGERIA’S SOCIAL AND ECONOMIC DEVELOPMENT By Ikechukwu D. Ikerionwu Relationship Management Unit Sterling Bank Plc‚ Lagos‚ Nigeria ABSTRACT The advent of European colonialism radically altered the Igbo consciousness and compelled them to draw upon opportunities of the ‘new order’ to meet social and economic demands. The twentieth century was a period when the Nigerian people
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Importance of capital market for the economic development of India Introduction: The capital market is the market for securities‚ where Companies and governments can raise long-term funds. It is a market in which money is lent for periods longer than a year. A nation’s capital market includes such financial institutions as banks‚ insurance companies‚ and stock exchanges that channel long-term investment funds to commercial and industrial borrowers. Unlike the money market‚ on which lending
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Introduction Governments the world over have long been investing in infrastructure in the hope of boosting economic development of their country. To study the relationship between infrastructure and economic development‚ we compared two journals; Infrastructure and Local Economic Development by Rives‚ J & Heaney‚ M. (1995) and Infrastructure and Economic Growth: The Nigeria Experience 1980-2006 by Enimola‚ S (2010). We chose these journals as the journal by Rives‚ J looked at the approach
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Part I A. Present Value with Discount rate of 7% = 15000/(1+7%) = 15000/1.07 = $14‚018.69 Present Value with Discount rate of 4% = 15000/(1+4%) = 15000/1.04 = $14‚423.08 B. Account A - Present Value with Discount rate of 6% = 6500/(1+6%) = 6500/1.06 = $6‚132.08 Account B - Present Value with Discount rate of 6% = 12600/(1+6%)^2 = 12600/1.1236 = $11‚213.96 C. Present Value of Gold Mine 7% = 4900000/1.07 + 61‚000‚000/(1.07)^2 + 85‚000‚000/(1.07)^3 = 45‚794‚392.52 + 61‚000‚000/1.1449 + 85
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DYNAMICS OF CONSTITUTIONAL DEVELOPMENT IN NIGERIA‚ 1914-1999 Abstract: This article examines the intractable problem of constitutional engineering in Nigeria. It is asserted that the drafting of constitutions is a recurring decimal in Nigeria’s chequered political history. Right from the colonial period‚ Nigerians were barely involved in the art of constitution making while the British colonial overlords employed constitution making to consolidate their imperial strategies. Post colonial Nigerian
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