The debt crisis of Nigeria and Greece Introduction National debt is a problem that can inflict any country including the developed countries. Almost all countries go into budget deficit one way or the other and end up borrowing money. The most direct effect of the government debt is to place a burden on future generations of taxpayers. When these debts and accumulated interest come due‚ future taxpayers will face a difficult choice. Inheriting such a large debt cannot help but lower the living
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Law‚ Corporate Objective and Social Responsibility: The Nigerian Situation Background Information Corporate associations largely influence the lives of humans and economies of nations. Confederation of British Industry rightly notes that human ‘...lifestyle is determined by the activities and the style of businesses’. [1] These businesses are in turn largely determined by the activities and styles of companies.[2] Therefore‚ the impacts of businesses and their organisations on
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Research Paper No. 1929 Federalism‚ Taxation‚ and Economic Growth John William Hatfield January 2006 RESEARCH PAPER SERIES Federalism‚ Taxation‚ and Economic Growth John William Hat…eld Graduate School of Business Stanford University January 2006 Abstract We show that federalism will lead to higher economic growth. We present a model of endogenous growth where government services‚ funded by income and capital taxes‚ are a component of production. In this model a decentralized government
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NORTHERN NIGERIA: BACKGROUND TO CONFLICT Africa Report N°168 – 20 December 2010 TABLE OF CONTENTS EXECUTIVE SUMMARY ...................................................................................................... i I. INTRODUCTION ............................................................................................................. 1 II. COMMUNITIES‚ ISLAM AND COLONIAL RULE ................................................... 2 A. THE PRE-COLONIAL ERA...................
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weaknesses of the oral health care system in Nigeria and also investigate the association between maternal mortality‚ and the delivery of quality health care. Additionally‚ we will later discuss how undeveloped countries are affected by poor leadership and retrospectively cause regions to suffer socially‚ economically‚ and environmentally. According to the World Health Organization (WHO) new data shows that as the death toll in Nigeria is falling‚ the percentage of deaths that
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The Beginning of British Imperialism in Nigeria Adam Coleman History 210: World History October 19‚ 2011 The novel Things Fall Apart‚ by Chinua Achebe‚ depicts the Igbo culture of Nigeria in the 1890’s‚ as well as the beginning of the British colonization of these people. Achebe describes the Igbo culture in fairly great detail in the novel‚ including different portions of the society and many of the laws and beliefs of the culture. The spread of Christianity brought by British missionaries
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RUNNING HEAD: GLOBAL BUSINESS CULTURAL ANALYSIS: NIGERIA Global Business Cultural Analysis: Nigeria GLOBAL BUSINESS CULTURAL ANALYSIS: NIGERIA 2 Abstract There are many elements that are incorporated in the concept of culture‚ for Nigeria and everywhere else in the world. These elements flow freely into the business arena‚ both local and global‚ affecting the decisions made by those in leadership positions. This research paper will attempt to lay out some of Nigeria’s cultural
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Tax Notes: Capital Gains Capital property: depreciable property and any other property the disposal of which would result in a capital gain Capital gains = proceeds – ACB Taxable capital gain = capital loss and gain are taxed at a rate of ½ Capital losses are denied: depreciable property‚ personal use property‚ deemed dispositions (to the extend they exceed capital gains Disposition of Identical Properties (shares) Post V day pool (pre 1972) ( real estate property Median
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REPOSITIONING POLYTECHNIC EDUCATION IN NIGERIA BY EZE‚ MARCELLUS MARK OKONKWO Chief Instructor Office Technology and Management (OTM) Akanu Ibiam Federal Polytechhic‚ Unwana‚ P M B 1007‚ Afikpo‚ Ebonyi State‚ Nigeria Email: mmoeze@yahoo.com markmarcel.eze6@gmail.com 08069398338‚ 08059844544‚ 08085026477 Abstract Education is the bedrock of any development in any economy; whereas technical/technology education is the solid base for any technological development. The problem identified
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assessable income (AI). Remuneration Package ANNUAL SALARY Emma’s annual salary of $150‚000 per annum is assessed based on s6-5(1) ITAA97‚ which states her AI includes income according to ordinary income (OI) concept. In Scott v Commissioner of Taxation (1935)‚ the court’s definition of income is reflective of what majority of public would consider income‚ such as salaries. Emma’s annual salary does constitute for OI and is thereby AI. However‚ since Emma has arranged for 10% of her salary to
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