when oil prices jumped to almost $40/bbl‚ the Since the oil prices collapse in the early 1980s‚ Nigeria experienced rapid external debt built-up and dwindling foreign exchange reserves: public and publicly guaranteed external debt increased from $4.3 billion to $11.2 billion‚ while foreign exchange reserves were almost exhausted‚ from $10 billion to $1.23 billion‚ all between 1981 and 1983. Nigeria had to borrow heavily from commercial sources‚
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Topic: Controversies of Census Figures. Case study: Nigeria The first census was held in Nigeria in 1866. The colonial authorities conducted other census exercises in 1871‚ 1901 and 1911‚ whereas all these covered only the Lagos colony and in 1911‚ the southern protectorate. The first nationwide census involving the north and south were organized in 1921. There was also the 1931 census and the 3-year 1951-1953 census. The 1963 census was upheld but only because the Supreme Court ruled against
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COPYRIGHT PROTECTION IN NIGERIA You would recall that in my last article‚ I stated that there is no centralized system of registering copyright in Nigeria. I stated that a “work” which is the subject not the copyright need not be registered before it can be protected under the law. In the process of patenting an invention‚ I came across a process known as copyright notification and I think it is important that I share it with you (You are probably wondering what Patent registration has to do with
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all reached a point in our life‚ when the urge to make a change was vital. The journey from making the decision to change or to make a change in a specific area of our life‚ to the realization of that change is influenced by many factors. These factors vary from social factors (family and friends support) and economic factors to intrapersonal factors (willpower‚ motivation). I have attempted myself for six weeks to make a health behavior change. The outcome at the end of the six weeks was predictable
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The 1920s “Roaring Twenties” were a dramatic age of social‚ economic‚ and political changes. The economy during that era had raised a lot when people started to have money in their pockets. The 1920s was known the age of changing in American society when electricity‚ radio‚ cars‚ movies‚ and other entertainments were taken place. In addition‚ people during that time moved to cities seeking better lives and jobs. Equally important stock market was the main where people started to invest their money
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bank fraud that are frequently carried out in the banking system‚ the underlying causes‚ level of staff involvement‚ consequences and possible means of ameliorating the problem. A sample of 100 respondents taken in Benin City‚ capital of Edo State‚ Nigeria was studied by means of field survey tool of questionnaire and the response to rating scale questions were tested for significance using the "t-test". The analysis revealed that respondents did not view unofficial borrowing and foreign exchange malpractice
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Social Change in the United States During World War II As the possibility of a second World War arose people began to form opinions on the United States ’ role in Europe. The general population disagreed on whether or not to get involved in the conflict with Germany. Some people believed in interventionism‚ the theory that the United States should do everything it could to support Britain without declaring war on Germany. Along with William Allen White they formed the Committee to Defend
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THE IMPACT OF AGRICULTURAL DEVELOPMENT ON ECONOMIC GROWTH OF NIGERIA Articles on this site are extracts from literature review of research projects‚ Get the full Project THEORETICAL LITERATURES The term “Agriculture” has been subjected to different definitions by various experts. As a result Ighodo (1984: 20) defined agriculture as the art and science of the cultivation of crops and rearing of animals for man’s use. He also emphasized that agriculture is also the production of fibres for
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CURBING CYBERCRIME IN NIGERIA. Seven years ago‚ back in my secondary school‚ we were invited for an annual debate: internet has done more harm than good‚ argue for or against‚ I wondered how in the world our rivals were going to yank purpose at this theme‚ this one sided coin. It was improbable and we were the only victors I could see. There was hardly any blemish to the internet; it was the best thing you can imagine. Bringing the world to the very doorstep of everyone amidst a host of all
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Chinese Contemporary Art and Social Change 中国当代艺术与社会变革 The Chinese contemporary art history is only 30 years‚ but it has gone through almost all the genres of western art history.Like the Chinese economy‚ it changes and grows so fast‚ especially during 2003 to 2008‚ that it attracted the global attention.The latest 5 years‚ the whole environment of Chinese contemporary art has been changing‚ the new trend has emerged.This article will explain the change of Chinese contemporary art in the
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