majority of the people have been hijacked by a few powerful individual who now control land and land resources in collaboration with multinational companies. In most part of southern Nigeria‚ particularly the Niger Delta region‚ the administration of Landwas carried out under the customary tenure. At this point of time Nigeria was under military dictatorship.Following are a couple of the drawbacks of the Act: 1)Power of Governor to revoke rights of occupancy. The main fault of the Land Use Act
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Electronic Retail Payment Systems: User Acceptability and Payment Problems in Nigeria 1.1 Introduction The world has witnessed an upsurge of electronic payment instruments meant to facilitate trade and simplify payments. (Abor‚ 2004) Before the introduction of electronic payment into the Nigerian banking system‚ all customers had to walk into the actual bank to do transaction of all kinds. Customers had to queue up and spend more hours to talk to a teller to make their transactions. (Abor‚ 2004)
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ECON1101 Essay: Petrol subsidies in Nigeria Nigeria‚ an oil-abundant nation‚ produces two million of barrels of crude oil a day‚ though despite this‚ it relies solely on importation to sustain its refined-fuel needs. This is because its four refineries fail to function effectively and continue to operate beneath capacity. Governmental mismanagement and political corruption are some of the reasons why Nigeria’s refineries remain in this state. The Nigerian government therefore implemented subsidies
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Civil Aviation in Nigeria is a child of very humble beginnings‚ a spin-off of the British Colonial rule. But above all else‚ it is a product of a mere accident of history dating back to 1925 in the unlikeliest of places - the ancient‚ walled city of Kano. Sometime in July of that year the Northern city was gripped by a tense stand-off between the residents and the colonial government officials. The British government at the time was maintaining an active Royal Air Force (RAF) base in Khartoum‚
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Individual Contribution Our project began with brainstorming sessions on how to approach the task at hand. On this first level‚ we were discussing about so many information that we felt it was time that we pulled those ideas together and start working on the project. Each of us did our share in the project and later a meet up was initiated to discuss and compiled our information. Each individual in a team has their own strengths and weaknesses. When learning teams are properly structured and
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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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Contributions of Ancient Greece Many of the roots of Western society can be traced back to ancient Greece. The longest areas of contribution are architecture‚ medicine‚ and philosophy. The philosophical area of ancient Greece is one of the most important; it foundededucational laws and many other things. Also architecture was a major part of what ancient Greece left behind considering they constructed huge buildings that still stand today. Greece was known as one of the founders of modern medicine
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important institutional and functional vehicle for economic transformation of any country. Banking sector is reckoned as a hub and barometer of the financial system. As a pillar of the economy‚ this sector plays a predominant role in the economic development of the country. The geographical pervasiveness of the bank coupled with the range and depth of their services make the system an indispensable medium in every day transactions. The virtual monopoly of banks in `Payment Mechanism’ touches the lives
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Individual Contribution Each individual in a team have their own strengths and weaknesses. When learning teams are properly structured and everyone is contributing 100 percent‚ it can be an effective method of developing skills and sharpening existing ones. Within this paper‚ I will summarize my individual contribution to the team project and evaluate the effectiveness of my contribution to the success of the team project. Additionally‚ I will identify the areas where I believe additional training
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Table of contents Dedication ………………………………….. ..i Preface …………………………………….......ii Acknowledgement ……………………………iii Table of contents ……………………………..IV Topic: religious unrest in Nigeria‚ causes and effects. Chapter 1 1.1 Definitions of religion. 1.2 Types of religion. 1.3 Types of religion and religious unrest in Nigeria. Chapter 2 2.1 causes of religious unrest
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