Journal ISSN: 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
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INTRODUCTION A tax policies represent key resource allocator between the public and private sectors in a country. It is usually imposed on individuals and entity that make up a country. The funds provided by tax are used by the states to support certain state obligations such as education systems‚ health care systems‚ pensions for the elderly‚ unemployment benefits‚ and public transportation. A nation’s tax system is often a reflection of its communal values or the values of those in power. To
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CENTRE FOR ENERGY‚ PETROLEUM‚ AND MINERAL LAW AND POLICY STATEMENT OF ORIGINALITY ID STUDENT: 090018034 PROGRAMME: MSc in International Oil and Gas Management MODULE: CP52044 Strategic Management and Organisational Analysis TITLE OF RESEARCH PAPER: THE PETROLEUM PRODUCTS MARKETING INDUSTRY
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PETROLEUM INDUSTRY BILL (PIB) 2012 SUMMARY PETROLEUM INDUSTRY BILL In 2008 under the late President Umaru Yar’Adua‚ Nigeria began the arduous process of changing the institutional framework which governs the nation’s oil and gas industry. The delayed passage of the bill was followed by controversies surrounding the emergence of different versions of the document‚ Goodluck Jonathan‚ on assumption of office ordered a withdrawal of the bill to enable executive address contentious areas and ensure all
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by Onipede Ibidunni Seun on Capital Gains Tax in Nigeria Introduction Discussing capital gain tax without first presenting a general overview of the entire concept of taxation will be tantamount to putting a cart before a horse. It is therefore very important that justice be done by explaining taxation and various types of taxes. Taxation: A General overview Tax and taxation has been variously defined by different authors. Oyegbile (1996) defines tax as a sum of money paid by citizens of a country
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investors decided to exit the Nigerian capital market‚ by off loading their large volume of shares into the market. The market got saturated with shares without corresponding buyers. On the part of the retail investors they could not catch in to take profit as share certificates were not being issued promptly and the process of certificate verification at the Registrars offices took so long to be completed. Since the retail investor could not exit and there were no willing buyers‚ share prices across
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UNITED NATIONS RESEARCH INSTITUTE FOR SOCIAL DEVELOPMENT DP 77 ECONOMIC CRISIS‚ STRUCTURAL ADJUSTMENT AND THE COPING STRATEGIES OF MANUFACTURERS IN KANO‚ NIGERIA by Adebayo Olukoshi UNRISD Discussion Papers are preliminary documents circulated in a limited number of copies to stimulate discussion and critical comment. September 1996 ♦ Preface Nigeria’s manufacturing sector has experienced major changes in production techniques‚ labour relations‚ marketing arrangements and management
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Taxation plays a very important role in the economic life of a developing country like Nigeria. Today Nigeria is indeed in need of effective and efficient tax system in order to generate enough revenue that will finance economic growth and development. There is the urgent need in the country to evolve new approach for handling various tax issue dealing with both compliance and planning work. The use of Tax in National development is increasing and further introduction of new technology will ensure
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is to ensure that all taxpayers‚ within a defined tax jurisdiction‚ are brought into the tax net and assessed correctly in order to block all possible leakages. Generally‚ taxpayers are categorized according to the legal status of their businesses. In this research work we are interested in Corporate Entities/Public Companies which are limited liability companies or public companies registered with profit - motive in mind. Their tax affairs are being handled by the Federal Taxing Authority
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ABSTRACT This paper examines the Tax Implications of E-Commerce. The issue of e-commerce and its tax implications continues to receive a high level of attention because of the fast growth of e-commerce activities. In the emerging global economy‚ e-commerce has increasingly become a necessary component of business strategy and a strong catalyst for economic development. The integration of information and communications technology (ICT) in business has revolutionized relationships within organizations
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