ECON1101 Essay: Petrol subsidies in Nigeria Nigeria‚ an oil-abundant nation‚ produces two million of barrels of crude oil a day‚ though despite this‚ it relies solely on importation to sustain its refined-fuel needs. This is because its four refineries fail to function effectively and continue to operate beneath capacity. Governmental mismanagement and political corruption are some of the reasons why Nigeria’s refineries remain in this state. The Nigerian government therefore implemented subsidies
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Nigeria: The Unstable Democracy 1999 marked Nigeria’s return to democratic rule. However Nigeria is not a stable democracy. Nigerians are still waiting to see the aspects of a democracy that many stable democracies see today; social welfare programs‚ justice‚ and equal access to resources and power. Corruption in the government‚ lack of human rights‚ increased civil discord‚ and the absence of electoral reform keep Nigeria from becoming a stable democratic country. The oil boom in the late 1970s
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EDUCATION IN EASTERN NIGERIA: Being a Summary of an Essay Paper. BY Leechichi Okpechi Introduction The high performance of people from eastern part of Nigeria in areas of business‚ trade‚ farming and handiwork seem to trigger a curiosity to explore into its primary reasons. Some admirers have come up with the explanation that their traditional education coupled with great level of efforts and unconditional devotion to customs make the difference. This is because education for the
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2302-4593 Vol. 2 (5): 102 - 115 The impact of petroleum on economic growth in Nigeria Michael Baghebo Niger Delta University‚ Bayelsa State‚ Nigeria baghebomichael@yahoo.com Timothy Okule Atima Niger Delta University‚ Bayelsa State‚ Nigeria Abstract The study examines the impact of petroleum on economic growth of the Nigerian economy. Data covering the period 1980-2011 was collected from the Central Bank of Nigeria Statistical Bulletin‚ and transparency international Agency annual publications
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Nigeria of my dream I have a dream that Nigeria will be a country where everyone will speak in one voice despite the ethnicity. I have a dream that Nigeria will be corruption free‚ violent free and absent of wastage of resources and human. I have a dream that Nigeria will be rule by Mentors rather than tormentors and also where the youth will take charge of the government. I have a dream that Nigeria will be a nation where jobs and investment will seek for people not the people seeking
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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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Celebrated for centuries‚ the Mid-Autumn Festival (中秋節‚ zhōngqiū jié) is a harvest festival celebrated on the 15 day of the eighth month of the lunar calendar. What Is the Mid-Autumn Festival‚ and Why Is the Mid-Autumn Festival Celebrated? The Mid-Autumn Festival is derived from the tradition of praying to Chang-e‚ the Moon Goddess‚ in the autumn for a plentiful harvest. According to a legend from the Han Dynasty‚ Chang-e was the wife of divine archer Hou Yi‚ who shot down one of 10 suns that appeared
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structure to banking in Nigeria is a relatively recent invention. Prior to 1952 there was no legislation governing the banking system in Nigeria. The British Bank of West Africa (BBWA) started operating in Nigeria by the year 1892. After the BBWA‚ Barclays Bank became the second expatriate bank to operate in Nigeria by the year 1917. The first indigenous bank‚ The Bank of Nigeria was founded in the year 1933 and also operated successfully. After the World War 11‚ British rule over Nigeria weakened with the
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University The Adventure to Democracy In the midst of the prevalence of democratic transitions‚ a number of developing countries are seeking to achieve the successful consolidation of civil order in modern days. Among those participants‚ Mexico and Nigeria has been spotlighted for the completely contrastive endings at the end of their long-adventures towards democratization since their independence; Mexico‚ from its independence‚ has maintained the political stability despite the authoritarian single-party
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4/10/12 Human Development Essay: Nigeria Life expectancy is how long an infant‚ at birth‚ is expected to live for if they are healthy and born with no birth defects or diseases. The life expectancy is determined by finding the median age that both males and females live up to. Trends illustrate that women have a longer life expectancy than men. In Nigeria‚ the overall life expectancy is 52.05 years. Life expectancy for men and women are respectively 48.95 years and 55.33 years. Short life expectancies
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