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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CHAPTER ONE INTRODUCTION 1.1 Background of Study The petroleum industry in Nigeria is the largest industry and main generator of GDP in Africa’s most populous nation. Since the British discovered oil in the Niger Delta in the late 1950s‚ the oil industry has been married by political and economic strife due to a long history of corrupt military regimes and the complicity of multinational corporations‚ notably Royal Dutch Shell. However it was not until the early 1990s‚ after the Nigerian
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COPYRIGHT PROTECTION IN NIGERIA You would recall that in my last article‚ I stated that there is no centralized system of registering copyright in Nigeria. I stated that a “work” which is the subject not the copyright need not be registered before it can be protected under the law. In the process of patenting an invention‚ I came across a process known as copyright notification and I think it is important that I share it with you (You are probably wondering what Patent registration has to do with
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The ethics of a company can be measured by different theories. Some of these theories can be used to measure Shell Petroleum Development Company of Nigeria (Shell Nigeria). The first ethical measure discussed is utilitarian reasoning‚ also referred to as cost-benefit analysis‚ which compares the costs and benefits of a decision. Secondly for the human rights theory‚ were the rights of the stakeholders respected? Third‚ the ethical theory of justice is measured by whether the benefits and costs
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ECONOMIC SCIENCE SCHOOL OF BUSINESS AND PUBLIC ADMINSTRATION DEPARTMENT OF ACCOUNTING AND FINANCE ROLE OF INTERNAL AUDIT ON ACHIEVEMENT OF ORGANIZATIONAL OBJECTIVES. A CASE OF COMMERCIAL BANK OF ETHIOPA. SENIOR ESSAY SUBMITTED TO DEPARTMENT OF ACCOUNTING AND FINANCE IN PARTIAL FULFILMENT OF BACHELOR OF ARTS DEGREE IN ACCONTING AND FINANCE. BY: GETANEH YENEALEM
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jumped to almost $40/bbl‚ the Since the oil prices collapse in the early 1980s‚ Nigeria experienced rapid external debt built-up and dwindling foreign exchange reserves: public and publicly guaranteed external debt increased from $4.3 billion to $11.2 billion‚ while foreign exchange reserves were almost exhausted‚ from $10 billion to $1.23 billion‚ all between 1981 and 1983. Nigeria had to borrow heavily from commercial sources‚
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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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Multinational Companies’ Anti-Corruption Policy in Nigeria by *Olatunde Julius Otusanya Department of Accounting‚ University of Lagos‚ Nigeria Sarah Lauwo Kent Business School‚ University of Kent‚ UK Gbadegesin Babatunde Adeyeye Department of Accounting‚ University of Lagos‚ Nigeria *Address for Correspondence: Department of Accounting Faculty of Business Administration University of Lagos P. O. Box 354‚ Unilag Akoka‚ Yaba Lagos State‚ Nigeria Tel: 234 (0) 7051827072 Email: jotusanya@unilag.edu
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1. a.) Contribution per CD unit: Unit Selling Variable Costs $9.00 1.25 - .35 1.00 = $6.40 $6.40 b.) Break-even volume in CD units and dollars: ($275‚000 + 250‚000) / 6.40 = 82‚032 units 82‚032 * $9.00 = $738‚288 to break even c.) Net profit if 1 million CD’s sold: 1‚000‚000 * 6.40 = 6‚400‚000 6‚400‚000 525‚000 = $5‚875‚000 d.) Necessary
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CRIME AND POLICING IN NIGERIA: CHALLENGES AND OPTIONS Etannibi e.o. ALEMIKA Innocent c. Chukwuma CLEEN Foundation Page 2 6/29/2005 © CLEEN FOUNDATION 2004 ISBN: 978-35160-9-4 CLEEN FOUNDATION 1A Afolabi Aina street Off Allen Avenue Ikeja‚ Lagos – Nigeria Telephones: 234-1-4933195; 4935338; 4935339 E-Mail: cleen@cleen.org CLEEN Foundation Page 3 6/29/2005 TABLE OF CONTENTS Aknowledgements v Preface Etannibi E.O. Alemika and Innocent C. Chukwuma vi Welcoming Address
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