Just last month‚ a major summit was held at the United Nations headquarters to review the progress made by countries on the Millennium Development Goals MDGs‚ especially in view of the fact that 10 of the 15 years target set by the world body for attaining the target have just reeled by with the attendant skepticisms as to whether it is indeed realizable. 10 years after this noble initiative to improve the lot of mankind‚ the debate has continued on whether these impoverished countries‚ the primary
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Assessment of the Business Environment in Nigeria THE NATIONAL DIAMOND Factor Conditions: Despite Nigeria’s substantial natural resources its infrastructure is inadequate‚ particularly its road and electricity networks‚ which are a significant obstacle to economic growth. Only 30% of the population7 has access to electricity and only 31% of the road network is paved. Shortcomings in operations and safety have given both the ports and air space a reputation as the most unsafe in the region
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A TERM PAPER WRITING ON READING FAILURE IN NIGERIA I DEDICATION I would like to dedicate this write up to the almighty God for giving me the privilege and knowledge to make this a success‚ to my parents for their sponsorship in all aspect of life and to my pastor‚ for being a great mentor in terms of hard work
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INTRODUCTION The 2008 economic crisis affected African nations in the developing world in a very similar way. Nigeria suffered a fall in oil prices ‚ reduction in exports and a downward trend in the stock market whilst South Africa suffered the same effects but rather than crude oil they suffered in the fall of commodity prices. Policies to stimulate the economy are different in terms of trade where Nigeria is more free trade and South Africa became more protectionist after the crisis. The Nigerian economy
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THE IMPACT OF AGRICULTURAL DEVELOPMENT ON ECONOMIC GROWTH OF NIGERIA Articles on this site are extracts from literature review of research projects‚ Get the full Project THEORETICAL LITERATURES The term “Agriculture” has been subjected to different definitions by various experts. As a result Ighodo (1984: 20) defined agriculture as the art and science of the cultivation of crops and rearing of animals for man’s use. He also emphasized that agriculture is also the production of fibres for
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AN EMPIRICAL ANALYSIS OF THE IMPACT OF TRADE ON ECONOMIC GROWTH IN NIGERIA AN EMPIRICAL ANALYSIS OF THE IMPACT OF TRADE ON ECONOMIC GROWTH IN NIGERIA MIKE I. OBADAN DEPARTMENT OF ECONOMICS AND STATISTICS UNIVERSITY OF BENIN BENIN CITY AND OKOJIE‚ I. ELIZABETH DEPARTMENT OF ECONOMICS AND STATISTICS UNIVERSITY OF BENIN BENIN CITY ABSTRACT Many economists generally agree that openness to international trade accelerates development. The relationship between trade and growth is envisaged through
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How has the labour market ’deregulation’ contributed to Australia’s productivity growth? Labour Market Deregulation Definition Labour market regulation refers to the imposition of rules‚ whether informal or formal‚ impacting and controlling and restricting the behaviour in which labour can both operate and be dealt with. Sources of regulation and control come from not only the Government‚ Industrial Commissions other government institutions but lobbyist groups such as workers unions and commerce
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Adam Oufkir 3/26/12 Nigeria: Shell Oil Crisis In the early 20th century Britain colonized Africa and created false borders through out the continent. The creation of such false countries as Nigeria caused the grouping of people that didn’t get along well. This action by Britain caused severs instabilities in the country of Nigeria. This may have made the country unstable at first but now the problem is caused by Shell. The problem in Nigeria is not caused currently on going not because of imperialism
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A History Of Genocide Nigeria Synopsis Nigeria Synopsis Nigeria starts it ’s existence much like other African countries drawn up mostly for a land claim‚ with little or no thought given to those people who reside in it ’s actual boundaries. With many different ethnic groups within its boundaries Nigeria appears both as very diverse and very unstable. The 3 predominant groups are the Igbo in the southeast
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FUEL SUBSIDY REMOVAL IN NIGERIA A subsidy is an assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributed as subventions in an industry to prevent the decline of that industry (‘Subsidy’‚ 2012). Subsidies are used to cushion the price effect of products or commodities or services to the consumer; hence it is used to control price in an economy and ensure the consumer can afford such commodity. This paper seeks to examine the removal
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