success or infrastructure quality suggest that much of this expenditure was conceived too hastily and ended up largely leading to waste and corruption. Weak institutions and poor governance have contributed substantially to Nigeria’s public debt problems‚ as the majority of projects financed by public borrowing during the late 1970s and 1980s failed to generate an adequate rate of return needed to improve the repayment capacity of the country. Thus during the 1970s‚ public expenditure was primarily
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THE GROWTH OF ADR IN NIGERIA By Enenche Eleojo 1. INTRODUCTION As human beings‚ we are caught up daily in a complex web of social and commercial interactions. For as long as these interactions continue‚ interests are bound to clash. When interests clash or are in completion with the interest of others then we can say a dispute has arisen. For as long as humans exist there will be disputes. What makes the difference is how the disputes are resolved. Instinctively‚ once a dispute arises
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Prospects For Democracy “A democracy is nothing more than mob rule‚ where fifty-one percent of the people may take away the rights of the other forty-nine.” “Democracy... while it lasts is more bloody than either [aristocracy or monarchy]. Remember‚ democracy never lasts long. It soon wastes‚ exhausts‚ and murders itself. There is never a democracy that did not commit suicide.” It is the year 2010. Democracy has become so successful that countries who ’ve enjoyed it are trying to share
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of Capital Market on Economic Growth in Nigeria (19802008) Usman Owolabi Akeem‚ Phd Faculty of ManagementScience‚PMB4000‚ LAUTECH‚Ogbomoso‚Nigeria e-mail-labisky@yahoo.com‚ Tel:+2348036675099 Abstract The capital markets play important roles in the economy growth of the market. A well functioning market insures that both corporation and investors get or receive fair prices for their securities. It examine the impact of capital market on the Nigeria economy and also examine how stock exchange
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THREE YEARS OF GSM REVOLUTION IN NIGERIA By Ernest C. Ndukwe‚ Executive Vice Chairman‚ Nigerian Communications Commission (NCC) INTRODUCTION ♦ Telecommunications is acknowledged as one of the most important infrastructures essential to the socio-economic well-being of any nation. ♦ The globalisation of world economy has further amplified the importance of telecommunications to the economy. ♦ The Telecommunication Sector is one of the fastest-growing sectors‚ and in terms of capitalization
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Microfinance Banking in Nigeria: Problems and Prospects • [pic]Abstract • [pic]Reference • [pic]Full-Text PDF • [pic]Full-Text HTML Acha Ikechukwu A. Department of Banking and Finance‚ University of Uyo‚ AkwaIbom State‚ Nigeria Correspondence to: Acha Ikechukwu A. ‚ Department of Banking and Finance‚ University of Uyo‚ AkwaIbom State‚ Nigeria. |Email: |[pic] | Copyright © 2012 Scientific & Academic Publishing. All Rights Reserved
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Climate Change in Nigeria Climate change has always occurred in different Nigeria; however the effects have become more noticeable recently over the years. The effects have affected the daily lives of many for better or worse. A peer reviewed research done by an unknown source‚ which was accepted by the Journal of Geography and Regional had concluded that the average temperature of Nigeria has increased by 1.7°C in the period of 1901-2005. The increase has however been higher in semi-arid areas
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President Goodluck Jonathan yesterday presented a budget proposal of N4.2 billion to the joint session of the National Assembly with emphasis that job and wealth creation for teeming unemployed Nigerians would top the agenda of his administration in the coming fiscal dispensation. The initial schedule of the president to make the presentation at 12 noon yesterday at the green chambers of the House of Represents‚ was rescheduled to 2 p.m. He was later accompanied to the venue by his Special Adviser
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| | |Early history of Nigeria | |Early Nigerian history relates to the period of history in Nigeria prior to the common era. Recent archaeological | | |research has shown[who?] that people were already living in Nigeria (specifically the Iwo-Eleru) as early as 11‚000 | | |BC and perhaps earlier at Ugwuelle-Uturu (Okigwe) in south-eastern Nigeria.[1] Microlithic and ceramic industries |F| |were
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ECON1101 Essay: Petrol subsidies in Nigeria Nigeria‚ an oil-abundant nation‚ produces two million of barrels of crude oil a day‚ though despite this‚ it relies solely on importation to sustain its refined-fuel needs. This is because its four refineries fail to function effectively and continue to operate beneath capacity. Governmental mismanagement and political corruption are some of the reasons why Nigeria’s refineries remain in this state. The Nigerian government therefore implemented subsidies
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