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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A Brief History of Nigeria The history of Nigeria is bound up with its geography. Nigeria is located above the inner curve of the elbow on the west coast of Africa‚ just north of the equator and south of the Sahara Desert. More than two hundred ethnic groups—each with its own language‚ beliefs‚ and culture—live in present-day Nigeria. The largest ethnic groups are the mostly Protestant Yoruba in the west‚ the Catholic Igbo in the east‚ and the predominantly Muslim Hausa-Fulani in the north. This
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The mental health problem is global and millions of people are affected. It exists in Nigeria such that it has become a public health issue‚ yet the mental health system in Nigeria appears to be inept in meeting the needs of sufferers of mental illnesses. This paper discusses the increasing importance of mental illness as a public health concern globally with particular emphasis on the Nigerian mental health issue. It is organised into various sections discussing the global mental health problem;
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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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Community - Nigeria In terms of an established deaf community‚ one of the brightest spots on the African continent is West Africa Nigeria’s deaf community is well-established and even has something that we lack in the United States. Demographics of Deafness in Nigeria One web source said that in 1975 there were at least four million deaf and hard of hearing people in Nigeria. According to the 2004 Nigeria census (Statistics Nigeria‚ approximately 30 percent of all disabled people in Nigeria have
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Applied Econometrics and International Development. AEID.Vol. 5-2 (2005) MONETARY POLICY AND MACROECONOMIC INSTABILITY IN NIGERIA: A RATIONAL EXPECTATION APPROACH FERIDUN‚ Mete * FOLAWEWO‚ Abiodun OSINUBI‚ Tokunbo Abstract Generally‚ both fiscal and monetary policies seek at achieving relative macroeconomic stability. Based o countries’ experience on n the role of monetary policy in controlling economics instability‚ this study examines the efficacy of monetary policy in controlling
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create a system of taxation‚ a nation must make choices regarding the distribution of the tax burden-who will pay taxes and how much they will pay-and how the taxes collected will be spent. In Nigeria‚ the taxation system dates back to 1904 when the personal income tax was introduced in northern Nigeria before the unification of the country by the colonial masters. It was later implemented through the Native Revenue Ordinances to the western and eastern regions in 1917 and 1928‚ respectively. Among
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Shell Oil in Nigeria 1. What are some of the factors explaining why corruption and bribery are so high in Nigeria? Nigeria is considered to be one of the most corrupt countries in the world. Many different forms of corruption are familiar to Nigeria including political corruption‚ bureaucratic corruption‚ electoral corruption‚ embezzlement‚ and bribery. Corruption has even been said to be a viable enterprise in Nigeria due to the involvement of citizens‚ government officials‚ and private
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Batteries come in many shapes and sizes. Some are no larger than a pill while others are heavy and huge size‚ but most batteries have one thing in common. They store chemical energy and change it into electrical energy. The cell is the basic unit producing electricity. A battery has 2 or more cells‚ but people often use the world battery when talking about a single cell‚ too‚ like a dry cell. One of the most popular batteries that have a cell is a dime sized battery which we use for watches. Cells
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My Most Memorable Academic Experiences: High School and College I am looking forward to describing my most memorable high school and college experiences. I would really love for my teachers to appreciate me for all the hard work I’ve done. For those people that didn’t know about my ambition and what it really meant to sacrifice‚ it meant a lot to my family. I’ve gotten involved in school activities‚ community service‚ and school events and a lot more. I felt that once I graduated from school I
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