CHAPTER ONE INTRODUCTION 1.1 Background of Study The petroleum industry in Nigeria is the largest industry and main generator of GDP in Africa’s most populous nation. Since the British discovered oil in the Niger Delta in the late 1950s‚ the oil industry has been married by political and economic strife due to a long history of corrupt military regimes and the complicity of multinational corporations‚ notably Royal Dutch Shell. However it was not until the early 1990s‚ after the Nigerian
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Nigeria: The Unstable Democracy 1999 marked Nigeria’s return to democratic rule. However Nigeria is not a stable democracy. Nigerians are still waiting to see the aspects of a democracy that many stable democracies see today; social welfare programs‚ justice‚ and equal access to resources and power. Corruption in the government‚ lack of human rights‚ increased civil discord‚ and the absence of electoral reform keep Nigeria from becoming a stable democratic country. The oil boom in the late 1970s
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Electronic Retail Payment Systems: User Acceptability and Payment Problems in Nigeria 1.1 Introduction The world has witnessed an upsurge of electronic payment instruments meant to facilitate trade and simplify payments. (Abor‚ 2004) Before the introduction of electronic payment into the Nigerian banking system‚ all customers had to walk into the actual bank to do transaction of all kinds. Customers had to queue up and spend more hours to talk to a teller to make their transactions. (Abor‚ 2004)
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making it impossible for them to prosper (Edokpayi‚ 2004). To explore this issue I wish to analyze the effect of globalization on one of the richest countries in resources in Africa – Nigeria. I want to explore in particular the negative and positive effects that oil prospecting has had in the Niger Delta region of Nigeria‚ economically‚ socially and environmentally. I also wish to analyze the extent to which the Nigerian government is responsible for the region’s lack of economic prosperity. My hypothesis
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mental health problem is global and millions of people are affected. It exists in Nigeria such that it has become a public health issue‚ yet the mental health system in Nigeria appears to be inept in meeting the needs of sufferers of mental illnesses. This paper discusses the increasing importance of mental illness as a public health concern globally with particular emphasis on the Nigerian mental health issue. It is organised into various sections discussing the global mental health problem; the Nigerian
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Religious Violence in Nigeria – the Causes and Solutions: an Islamic Perspective BY A. O. Omotosho Swedish Missiological Theme 2003‚ P. 15-31 Introduction M. M.C. K. Ajuluchukwu in his rejoinder to Northern Zone of the Christian Association of Nigeria’s booklet Leadership in Nigeria observes: “Ordinary Nigerian know nothing about inter-religious cleavages except when incited by their respective doctrinal leader. 1” This remark is a challenge and indictment to Nigerian religious leaders‚
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University The Adventure to Democracy In the midst of the prevalence of democratic transitions‚ a number of developing countries are seeking to achieve the successful consolidation of civil order in modern days. Among those participants‚ Mexico and Nigeria has been spotlighted for the completely contrastive endings at the end of their long-adventures towards democratization since their independence; Mexico‚ from its independence‚ has maintained the political stability despite the authoritarian single-party
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Alleviating Poverty in Nigeria By Anthony Maduagwu ( aka -Toniman ) The Nigerian government is once again embarking on another attempt to alleviate poverty. This present one looks like it is heading the same way the past ones headed and subsequently failed. Amongst the reasons why the past poverty alleviation attempts failed were - ( 1 ) the politics of personal rule - a distinctive type of political system in which the rivalries and
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EBONG GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE UNION BANK OF NIGERIA PLC ABSTRACT Against the backdrop of the role of banks as financial intermediaries and their function as the engine of growth of the economy‚ this paper examines the extent to which the banking industry has helped to stimulate economic activities in Nigeria and what the prognosis looks like in the post-consolidation era. The paper notes that the banking industry in Nigeria witnessed a remarkable growth in terms of deposit base‚ number
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majority of the people have been hijacked by a few powerful individual who now control land and land resources in collaboration with multinational companies. In most part of southern Nigeria‚ particularly the Niger Delta region‚ the administration of Landwas carried out under the customary tenure. At this point of time Nigeria was under military dictatorship.Following are a couple of the drawbacks of the Act: 1)Power of Governor to revoke rights of occupancy. The main fault of the Land Use Act
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