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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CHAPTER ONE INTRODUCTION 1.0 BACKGROUND INFORMATION TO THE STUDY The study of profits is important not only because of the information it provides about the health of the economy in any given year‚ but also because profits are a key determinant of growth and employment in the medium-term. Changes in profitability are an important contributor to economic progress via the influence profits have on the investment and savings decisions of companies. This is because a rise in profits improves the cash
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Architecture‚ Formal Ornamentation Re-emergence of use of ornaments in architectural practice has occurred on a global scale over the past decade. Several architects are unwrapping a lost language that had been an intrinsic mode of communication in architecture. The language of ornament in architecture has been readily confused with the realms of decoration and pattern among others. However‚ ornament decoration is used in architecture and decorative art to embellish an object or part of a
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The dwindling quality of education in Nigeria is a cause for great concern and also calls for a prompt action by all stakeholders to salvage the trend. The current situation is‚ to say the least‚ disheartening. A lot of computer science graduates of Nigeria’s tertiary institutions‚ for instance‚ fail recruitment tests for their inability to switch on a PC. Some of them are obviously getting to touch such machines for the first time. Mass Communication graduates struggle to make simple and correct
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EVOLUTION OF OUTDOOR ADVERTISING IN NIGERIA HISTORY OF ADVERTISING. Global Overview Advertising or advertising is a form of communication for marketing and used to encourage‚ persuade‚ or manipulate an audience (viewers‚ readers or listeners; sometimes a specific group) to continue or take some new action. Most commonly‚ the desired result is to drive consumer behavior with respect to a commercial offering‚ although political and ideological advertising is also common. This type of work belongs
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Compare & Contrast Report on Guatemala and Nigeria – Teams 3 & 4 Section 1 – Introduction The following report is a compare and contrast of the viability for starting a business in either Guatemala or Nigeria. It will also include some details on the overall business climate of both countries and other geographic‚ social‚ and economic factors. Factors that we will discuss include standards of living‚ education‚ overall economy‚ infrastructure‚ communication‚ transportation‚ geographic‚ climate
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The book The Struggle for the History of Education by Gary McCulloch‚ published from Routledge Taylor & Francis Group in 2011‚ maps out the nature of the field and seeks to highlight the sites of struggle. This book suggest that the history of education might seem sedate to the outsider but is actually all about struggle and the object of study is in continual flux. Education is‚ as book traces‚ a site for social progress‚ change and equality‚ struggles for democracy and
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THE IMPACT OF AGRICULTURAL DEVELOPMENT ON ECONOMIC GROWTH OF NIGERIA Articles on this site are extracts from literature review of research projects‚ Get the full Project THEORETICAL LITERATURES The term “Agriculture” has been subjected to different definitions by various experts. As a result Ighodo (1984: 20) defined agriculture as the art and science of the cultivation of crops and rearing of animals for man’s use. He also emphasized that agriculture is also the production of fibres for
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INTRODUCTION Nigeria is a multi-ethnic nation with various cultural groups that are about three hundred in number. In 1947‚ Nigeria was not yet a nation. Nigeria now has been a multi-national society‚ one of the sociological problems of building Nigeria as a nation is multi-ethnicity with its concomitants such as multilingualism and completive ethnicity. There were varieties of lines which existed between the various states and people which were the predecessors of modern Nigeria. But on the other
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60 per cent from 2006 until 2011‚ reaching an all time high of 23.90 per cent in December 2011. The NBS measures unemployment rate by the number of people actively looking for a job as a percentage of the labour force. In its Economic Report on Nigeria released in May this year‚ the World Bank noted that “Nigeria’s annual growth rates that average over seven per cent in official data during the last decade place the nation among the fastest growing economies in the world noting that the growth has
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