in a rented apartment while she is carrying that bag o.” The truth is‚ this is now the norm in the entertainment industry. People try so hard to live the glamorous life‚ thus struggling on a daily basis to maintain the high life. Entertainers in Nigeria today now want to live like our American counterparts who obviously earn more money and have a better structured system where they are paid royalties. A system where credit facilities are available‚ such that you can drive a $100‚000 car without having
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a complex system whose parts work together to promote solidarity and stability. This approach looks at society through a macro-level orientation‚ which is a broad focus on the social structures that shape society as a whole‚ and believes that society has evolved like organisms. This approach looks at both social structure and social functions. Functionalism addresses society as a whole in terms of the function of its constituent elements; namely norms‚ custom‚ tradition and institution. A common analogy
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Organizational structures There are many different opinions and definitions on organizational structure. Structure in one sense is the arrangement of duties used for the work to be done. This is best represented by the organization. What determines organizational structure? Classics in the field of organization theory represent many different schools. Some believe that certain factor‚ such as size‚ environment‚ or technology‚ determine organizational structure. They argue that these factors
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REVENUE ALLOCATION FORMULA IN NIGERIA INTRODUCTION Prior to the discovery of oil in Nigeria‚ other sectors of the economy thrived. Agriculture‚ for instance‚ was a major source of revenue for the Western Region. The Eastern Region that was less endowed devised other sources of revenue. All this has however changed since the discovery of oil in the country. This has led to the demise of the other productive sectors of the economy. In fact‚ Nigerians are poorer today than they were in the pre-oil boom
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ORGANIZATION STRUCTURE 6.1 The organization structure The organization structure refers to the ways in which the organization’s activities are divided‚ grouped‚ and coordinated between managers and employees. The structure is based on the organizational design and has to be appropriate to the strategy of the organization Cream Dream is a small business concern at present. It has a very limited line of products and needs to make efficient use of its resources. Based on its size and product offerings
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distinguished itself as a leading institution and a major contributor to the economic advancement in Nigeria. Guaranty Trust Bank Plc with its headquarter at Victoria Island‚ Lagos as at December 2011 had an operating income of N141.729 billion‚ net income of N52.654 billion‚ total asset of N1‚525.010 billion and a total equity of N235.911 billion and it had more than two thousand‚five hundred employees in Nigeria. Its subsidiaries include Guaranty Trust Assurance Plc‚ GTB Registrars Ltd‚ GT Homes Ltd‚ GTB
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INTRODUCTION: Nigeria‚ a nation endowed with natural‚ human and capital resources with a population of over 160 million people an estimated growth rate of 4.65 percent and covers 923.8 thousand square kilometers‚ about the size of California‚ Nevada and Arizona states in the United States‚ (Usman‚ 2007). Nigeria as a country‚ is the eight largest oil exporting country in the world and its oil reserves are estimated over 1000 trillion cubic feet (Usman‚ 2007). It is unfortunate that a country with
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POPULATION GROWTH The absence of virtually any reliable current demographic data has not prevented national and international bodies from generating estimates and projections of population and population growth in Nigeria. The World Bank estimate of Nigeria’s 1990 population was 119 million‚ with an estimated annual growth rate of 3.3 percent. Although other sources differed on the exact figure‚ virtually all sources agreed that the annual rate of population growth in the country had increased from
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Organisation Structure Every organisation has a specific structure run the business as per the requirement. The main function is business function and rest are support functions. Depending on the functions department forms. The sub departments or sub functions called verticals. The pyramid structure of organisational rule applies in all departments. Department or function is headed by department heads and verticals are headed by vertical heads who reports to department heads. In organisation
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“BONNY LIGHT CRUDE OIL” TTO BONNY TERMINAL NIGERIA” 14TH December‚ 2012 Seller’s Ref: Colonel/sil/2012/10 Buyer’s Ref: This Contract agreement is entered into this 14 December 2012 BETWEEN STOWVAT INVESTMENTS LIMITED established under the laws of Federal Republic Nigeria which registered address‚ is situated at NNPC Office‚ Bonny Island‚ Bonny and which is
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