Introduction Interests in the study of economic growth and development have been on the increase especially since the middle of the present century. Economic growth results in the expansion of a country’s production possibility curve such that the potential output of the country is increased beyond the previous levels. Thus growth is often defined in terms of a sustained increase in the real per capita income of a country. Simon Kuznets in (Todaro‚ 1885)‚ defined a country’s economic growth as
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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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It can be generally said that GIS involves or entails a computerized system that deals with data in terms of collection from many sources‚ efficient digital storage‚ managing and administering of data which includes integration of various data sets into a common database. It also involves easy and efficient selection and viewing of data in different varieties‚ conversion of data from one geometrical projection to another‚ rescaling and other computer maneuvers. Also data’s are analyzed‚ modeled and
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Published: June 30‚ 2012 Foreign Direct Investment and Economic Growth in Nigeria: An Analysis of the Endogenous Effects Okon J. Umoh‚ 2Augustine O. Jacob and 1Chuku A. Chuku 1 Department of Economics‚ University of Uyo‚ Uyo‚ Nigeria 2 Heritage Polytechnic‚ Eket Akwa Ibom State‚ Nigeria Abstract: This research endeavour set out to empirically investigate the relationship between foreign direct investment and economic growth in Nigeria between 1970 and 2008. The paper makes the proposition that there is
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ETHNICITY ON THE SOCIO-ECONOMIC DEVELOPMENT OF NIGERIA CHAPTER 1 1.0 INTRODUCTION Nigeria is by far the most populated of Africa’s countries‚ with more than one-seventh of the continent’s people. The people belong to many different ethnic groups. These groups give the country a rich culture‚ but they also pose major challenges to nation building. Ethnic strife has plagued Nigeria since it gained independence in 1960. Officially known as the ‘Federal Republic of Nigeria’‚ she has a federal form of
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Igbinedion University Okada Eighth Convocation Lecture By Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production
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It‚ therefore‚ a power toll. Both for economic and political activities (Ezukanma 2003). The imperatives of population in gaining leverage at every of national affairs makes census count imperative and vita for any and every form of meaningful development to occur in a nation. Census is a total process of collecting‚ compiling and publishing at a specific time or time of all person in a country or delimited territory‚ (united nations‚ 1972). Viewed as a whole‚ census involves five steps‚ namely planning
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Effect of Equity Financing on Entrepreneurship Business Development in Lagos State‚ Nigeria 1 Akanbi‚ Moses Ayokunle‚ 2 Akinbola Olufemi Amos‚ 3Ogbari Mercy Ejovwokeoghene 2‚3 Dept. Of Economics And Development Studies Dept. Of Business Studies‚ Covenant University‚ Canaan Land‚ Ota‚ Ogun State‚ Nigeria 1 Abstract The paper investigates the effect of equity form of financing on entrepreneurship business development in Lagos State‚ Nigeria. A total sample size of 240 business enterprise of
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ABSTRACT: No doubt education is the bedrock of development of any country or nation. But unfortunately Education in Nigeria is bisected with myriads of problems. The aim of the study is to identify and provide solutions to the problems that are mitigating about the success in the education sector of the country. For meaningful development to take place in the educational sector; the government need to re-address the issue of multiple system of education‚ diversification in the education system
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CHAPTER TWO LITERATURE REVIEW POLITICAL RENEWAL IN NIGERIA Democracy The simplistic definition of democracy ‘government of the people for the people and by the people’ can be cited by any layman but the practical application of those words varies in different forms. Democracy as a model and structure of government has been in use for a long time. It “entails a system of government that allows the citizens freedom to decide their desires. Ancient Greece (Athens in particular) is commonly
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