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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Entrepreneurial Opportunities in Turmeric Value Added Products ABSTRACT From time immemorial India has been known as Land of Spices. Turmeric is one of the major species in India. Growth in agro exports not only brings in additional foreign exchange for the country but benefits a large number of people involved in production‚ processing and exports of such products. India contributes to 80% of world turmeric production and is the largest exporter of turmeric. The major importing countries
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for analysis‚ this essay is going to use the central theory of realism to explain the civil war that occurred in Nigeria in between 1967 to 1970. This essay will seek to explain the events and how Realism can elaborate on the outcomes and the causes of the war. It will do it by firstly providing a historical background of Nigeria/Biafra war; it will then give the history of the development of realism as a theory of international relations. It then will seek to explain how the central concept of power
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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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shareholders may increase to considerable extent. The term profitability refers to the ability of the business organization to maintain its profit year after year. The profitability of the organization will definitely contribute to the economic development of the nation by way of providing additional employment and tax revenue to government exchequer. Moreover‚ it will contribute the income of the investors by having a higher dividend and thereby improve the standard of living of the people. In
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Abstract Over the years the management of pension scheme in Nigeria has been inundated by multiple and diverse problems arising from which retirement became dreaded by workers especially in the public service. The failures of pension schemes in the country have been attributed to poor pension fund administration‚ outright corruption; embezzlement of pension fund; inadequate build-up of funds and poor supervision. There have been several reviews of pension schemes by the federal government which
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Entrepreneurial decision making and the effect on business models. D o entrepreneurs take decisions based on gut feeling rather than on facts? Marijn A.W. Mulders Clemens P.J.A. van den Broek Avans University of Applied sciences‚ Breda‚ The Netherlands March 2012 Entrepreneurial decision making and the effect on business models. EFMD‚ European Foundation for Management Development Paper for Entrepreneurial Activities and Support of Entrepreneurs \march 5th and 6th 2012 Table
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Abstract Rural development of the grassroots has been the concern of every responsible and responsive political system. This is because development and participation have continued to elude people of the grassroots. Development remains insignificant if it does not positively affect the lives of those in the periphery of decision making arrangement. The Nigerian state therefore created local government as the third tier of government whose objective is to ensure effective‚ measurable and efficient
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The Big Idea: How to Start an Entrepreneurial Revolution by Daniel J. Isenberg In the latest Ease of Doing Business ranking from the World Bank‚ one country made a spectacular leap—from 143rd on the list to 67th. It was Rwanda‚ whose population and institutions had been decimated by genocide in the 1990s. On the World Bank list‚ Rwanda catapulted out of the neighborhood of Haiti‚ Liberia‚ and the West Bank and Gaza‚ and sailed past Italy‚ the Czech Republic‚ Turkey‚ and Poland. On one subindex
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This essay will discuss the current situation of entrepreneurial enterprises in South Africa‚ in regards to its development and benefits to society. Additionally it will explore what factors might have influenced entrepreneurships resulting in the current situation and highlight their importance to society. South Africa is currently confronted with several economic‚ political and social issues‚ making it hard for new entrepreneurs to enter the market as well as for existing entrepreneurs to stay
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