FDI and Economic Growth: Evidence from Nigeria By Adeolu B. Ayanwale Department of Agricultural Economics Obafemi Awolowo University Ole-Ife‚ Nigeria AERC Research Paper 165 African Economic Research Consortium‚ Nairobi April 2007 THIS RESEARCH STUDY was supported by a grant from the African Economic Research Consortium. The findings‚ opinions and recommendations are those of the author‚ however‚ and do not necessarily reflect the views of the Consortium‚ its individual members or the
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April 4‚ 2006 0 1 Introduction: The Nigerian Barge Deal Enron Corporation was an energy company based in Texas and created when InterNorth acquired Houston Natural Gas Company in 1985. Enron’s growth was fast‚ it was named \America’s Most Innovative Company" for six consecutive years and it soon became the seventh largest company in the United States‚ until its bankruptcy was declared in 2001. Accounting fraud‚ money laundering and conspiracy are some of the charges which Enron stood accused of in
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by the Federal Government hence‚ the Introduction To meet the targets set out in the programme Vision 20:2020; the Federal need for private investment. Government of Nigeria has set a generating Generation The National Council on Privatisation (NCP) target of 40‚000 MW. Moreover‚ to reach this and the Bureau of Public Enterprise (BPE) on relatively require behalf of the Federal Government have investments in power generating capacity placed
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Youth and its Absorption of Technology Canada Digital Future in Focus reported that the average Canadian is spending an average of 45.3 hours on the Internet. In 2004‚ only 45% of youth’s owned a cellphone today 75% of youth own a cellphone. The youth today are always consuming new technological advancements that advertise constant communication whether it is through the use of cellphones or computers. New technology and devices come out every day: a new iPhone every year‚ a brand new laptop
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Productivity Of The Nigerian Tax System: 1970–1990 Ademola Ariyo No RP_067‚ Research Papers from African Economic Research Consortium Abstract: Given the negative impact of persistent unsustainable fiscal deficits on the Nigerianeconomy‚ there is now a consensus among interested parties on the need to address the problem effectively. The literature suggests theree approaches for this purpose: increasein revenue‚ reduction in expenditure‚ or a continuation of both. An appraisal of the budgetary
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THE FILIPINO YOUTH According to Dr. Jose P. Rizal‚ “Ang kabataan ang pag-asa ng bayan”. But for the youth of today‚ who is Dr. Jose P. Rizal? Is he a role model for the Filipino youth? Is he still being remembered the way a national hero should be? Is he an inspiration to the younger generations? What is his legacy? What is his relevance today? Dr. J. P. Rizal‚ describing the youth as the Philippines’ hope of tomorrow. But now some of the Filipino youth doesn’t even care
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A look at the world media landscape for children and youth immediately presents two opposing themes: opportunities and risks. For example‚ globalization of media brings opportunities to broaden children’s outlooks and provide more equal access to information‚ but it also threatens cultural identification and values. Technological advances bring the promise of new skills and greater youth participation in society‚ but also increase the risk of child exploitation and informational divides. There
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NIGERIAN ECONOMY/GDP AND PRODUCTION Nigeria recorded a Current Account surplus of 11.60 percent of the country’s Gross Domestic Product in 2011. Current Account to GDP in Nigeria is reported by the African Economic Outlook. Historically‚ from 1980 until 2011‚ Nigeria Current Account to GDP averaged 1.2 Percent reaching an all time high of 37.9 Percent in December of 2008 and a record low of -18.7 Percent in December of 1986. The Current account balance as a percent of GDP provides an indication
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THE popularity of the internet and online communication in Nigeria and the world at large has grown exponentially. Social networking websites enable users to remain connected. The popularity of social networking websites such as facebook‚ my space‚ twitter‚ 2go etc with millions of users accessing these websites is rising daily. Research proves that it is safe to assume that majority of people taking the survey were infact university level college students with no bias towards gender or race.
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Structural Adjustment Programs: The Impact on Nigerians Abstract Word Count: 8‚590 Nigeria’s economy for many decades thrived under agricultural exports until the government shifted its focus to crude oil exports. The repercussion of abandoning this sector was later felt in the early 1980s when the world crude oil prices fell and the production quota of Nigeria to the Organization of the Petroleum Exporting Countries (OPEC) dipped. This made the government incur debts which led to balance of payment
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