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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Weltwirtschaftliches Archiv‚ 116‚ pp. 739-773 Akinlo‚ A.E. 2004. "Foreign direct investment and growth in Nigeria: An empirical investigation". Journal of Policy Modelling‚ 26: 627-39. Aliber‚ Robert Z. "The Multinational Enterprise in a Multiple Currency World." In The Multinational Enterprise‚ ed. John H. Dunning. London: Allen & Unwin‚ 1971. Aluko‚ S.A. (1961). "Financing economic development in Nigeria". The Nigerian Journal of Economic and Social Studies‚ 3(1): 39-67. Bengos‚ M. and B. Sanchez-Robles
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positive change of things in the life of the people‚ both the rich‚ average and poor. Then such a society would be regarded as developed. For example the living conditions of the USA. Nigeria the most populated country in Africa filled with its endowed natural resources‚ and according to the “united nations statistics Nigeria is the 8th most populous county in the world with a population of 2.3%” (UN 2011).but the country still suffers the decay of underdevelopment due to certain avoidable factors that
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ENTREPRENEURSHIP IN NIGERIA By SAHEED AKINMAYỌWA LAWAL Department of Sociology University of Ibadan Nigeria. Tel+234(0)8058536815 Email: akinmayowalawal@yahoo.co.uk Paper Presented at the First African Entrepreneurship Seminar‚ organised by School of Entrepreneurship and Business‚ University of Essex‚ U.K‚ Small and Medium Enterprises Development Agency of Nigeria‚ University of Abuja‚ and Bayero University‚ Kano. Held at Conference Room (Anambra)‚ Transcorp Hilton‚ Abuja‚ NIGERIA. 31st March-2nd
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PROBLEMS OF URBANIZATION Urbanization‚ or urban drift is the physical growth of urban areas as a result of global change. Urbanization is also defined by the United Nations as movement of people from rural to urban areas with population growth equating to urban migration. The United Nations projected that half of the world’s population would live in urban areas at the end of 2008 Urbanization is closely linked to modernization‚ industrialization‚ and the sociological process of rationalization
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directed towards me is “where do you prefer living: Nigeria or America?” Unfortunately‚ I cannot really answer that question because both places are completely different in my eyes. I have come to the realization that I am torn between two places I dearly love. Nigeria‚ my homeland‚ was my first love and where I spent majority of my childhood. America‚ the land of great opportunities‚ was where I cultivated most of the beliefs I brought from Nigeria. Although both countries share my common love for
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CORPORATE AFFAIRS COMMISSION RESEARCH UNIT Date : 2nd Quarter‚ 2009 From : Agriculture Desk Subject : Boosting Agricultural Productivity in Nigeria. Introduction: Agricultural sector was the mainstay of the Nigerian economy before independence‚ 75% of the Nigerian workforce was engaged in agriculture and immediately after it‚ until the oil boom of the 1970s. In the 1970s‚ agriculture provided the needed food for the population as well as serving as a major foreign exchange earner
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My experience of oppression when I was in Nigeria Women are exploited and face oppression every day mostly single women.. In the workplace women are forced into low paying‚ insecure and in the community. Women’s problem does not stop at the work place. In my own experience‚ when I was in Nigeria with my mother‚ she was oppressed; she couldn’t buy a house because she was a single mother. The seller wanted to sell his house to a married woman or couple because they think that a single mother cannot
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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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Strike as a social problem can first be traced to the disfunctioning of the society when looking at it from the functionalist perspective. Functionalism which is one of the perspectives of studying the society was developed in the 19th century‚ it’s a framework for building theory that sees society as 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
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