NIGERIA AND OIL By: Fariha Ahsan‚ period 5 This article displays a vivid picture for us about the conditions in Nigeria due to the oil reserves. Though Nigeria contained the potential to strive and become a wealthy oil nation‚ leaving the cocoon of poverty encompassing Africa- it became trapped in a lot of corrupt dealings. Today‚ the Niger Delta in Nigeria has caught the attention of world wide humanitarian and environmental activists. The article states how in the past‚ the corrupt government
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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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ACT (ISA 2007) ON INSIDER TRADING AGAINST THE BACK DROPS OF THE PROVISIONS OF THE CAMA 1990 AND THE COMMON LAW ON THE DUTIES OF DIRECTORS OF COMPANIES IN PREVENTING INSIDER RELATED OFFENCES AND PROTECTING THE INTEGRITY OF THE SECURITIES MARKET IN NIGERIA PRIOR TO AND IN THE MODERN ERA OF THE INTERNET.” SUBMITTED BY AYODELE DOYINSOLA .O LAW/2007/100 DEPARTMENT OF LAW OBAFEMI AWOLOWO UNIVERSITY ILE-IFE OSUN STATE TO PROFESSOR M.T. OKRORODUDU-FUBARA IN PARTIAL FULFILMENT OF THE COURSE “LAW OF BUSINESS
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making it impossible for them to prosper (Edokpayi‚ 2004). To explore this issue I wish to analyze the effect of globalization on one of the richest countries in resources in Africa – Nigeria. I want to explore in particular the negative and positive effects that oil prospecting has had in the Niger Delta region of Nigeria‚ economically‚ socially and environmentally. I also wish to analyze the extent to which the Nigerian government is responsible for the region’s lack of economic prosperity. My hypothesis
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THE GROWTH OF ADR IN NIGERIA By Enenche Eleojo 1. INTRODUCTION As human beings‚ we are caught up daily in a complex web of social and commercial interactions. For as long as these interactions continue‚ interests are bound to clash. When interests clash or are in completion with the interest of others then we can say a dispute has arisen. For as long as humans exist there will be disputes. What makes the difference is how the disputes are resolved. Instinctively‚ once a dispute arises
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government. Key words: grassroots‚ political system‚ autonomy‚ third tier‚ participation‚ development‚ uniformity‚ unity‚ culture‚ diversity‚ interference‚ national integration‚ performance‚ consciousness‚ concept‚ commitment‚ democracy‚ inefficiency‚ corruption‚ decentralisation. Introduction The expediency for the creation of local government anywhere in the world stems from the need to facilitate development at the grassroots. The importance of local government is a function of its ability to generate
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Impact of Cashless Economy in Nigeria By Omotunde M. Sunday T. John-Dewole A.T. Greener Journal of Internet‚ Information and Communication Systems Vol. 1 (2)‚ pp. 040-043‚ April 2013. Research Article Impact of Cashless Economy in Nigeria *Omotunde Muyiwa1‚ Sunday Tunmibi‚1 and John-Dewole A.T.2 1 School of Computer Science‚ Mathematics and Information Technology‚ Houdegbe North American University‚ Republic of Benin. 2 Department of Computer Science with Electronics
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by the residents of Maiduguri because of its strong opposition to Western education‚ which it sees as corrupting Muslims. Mohammed Yusuf established a religious complex that included a mosque and a school in 2002. Many poor families from across Nigeria and from neighboring countries enrolled their children in the school‚ which also served as a recruiting center for jihadis to fight the Nigerian State. In 2004 it moved to Kanamma‚ Yobe State‚ where it set up a base called "Afghanistan"‚ used to
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THREE YEARS OF GSM REVOLUTION IN NIGERIA By Ernest C. Ndukwe‚ Executive Vice Chairman‚ Nigerian Communications Commission (NCC) INTRODUCTION ♦ Telecommunications is acknowledged as one of the most important infrastructures essential to the socio-economic well-being of any nation. ♦ The globalisation of world economy has further amplified the importance of telecommunications to the economy. ♦ The Telecommunication Sector is one of the fastest-growing sectors‚ and in terms of capitalization
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modern life‚ poverty reduction and economic growth of any nation. Yet‚ for the past three decades‚ inadequate of electricity has been a regular feature in Nigeria‚ a country with about 150 million people. The electricity industry‚ dominated by National Electric Power Authority (NEPA) and later succeeded by the Power Holding Company of Nigeria (PHCN) with complementation form the states-owned electricity utility‚ has been unable to provide and maintain acceptable minimum standard of service availability
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