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 been concentrated particularly on trade and agriculture‚ which would suggest substantial welfare benefits
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INTRODUCTION 1.1 BACKGROUND In every economy‚ there exist vast variety of activities some which undergo official recording and some other activities take place outside the officials. The later is the underground economy that refers to the economic activities that generate income but are hidden from official authorities in order to evade various taxes and remain unrecorded in official statistics (Yasmin and Rauf‚ 2004). The most common causes of underground economy are heavy tax burdens where economic
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a result of a globalized business environment‚ companies such as Shell operate in a number of international markets‚and consequently enounter various risks not normally attributed with domestic markets (Beck 1993). In developing countries such as Nigeria the regulatory frameworks may exist but are not adequatley enforced. Hence‚The intent of CSR activities performed by multinationals are not always well determined‚ And powerful multinationals such as Shell have emerged as the major players in this
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Non-Oil Exporters in Nigeria in 2012 S/N Exporter FOB Value (USD) Exported Products Destination 1 Olam Nigeria Limited 369‚674‚654.05 Nigerian Sesame Seeds (HPS)‚ Good Fermented Superior Grade Nigerian Cocoa Beans 2 Unique Leather Finishing Co Limited 137‚776‚528.93 Finished Leather (Goat and Sheep Skins) Grades 1‚ 2‚ 3 and 4 Japan‚ Germany‚ US‚ Netherlands‚ Italy‚ Syria‚ Spain‚ Turkey‚ UK‚ China & Greece Italy 3 Armajaro Nigeria Limited 84‚986
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rapidly expanding cities (or‚ as was often the case‚ a single main city)‚ the fabric of life in both urban and rural areas changed in massive‚ often unforeseen ways. With the largest and one of the most rapidly growing cities in sub-Saharan Africa‚ Nigeria has experienced the phenomenon of urbanization as thoroughly as any African nation‚ but its experience has also been unique--in scale‚ in pervasiveness‚ and in historical antecedents. Modern urbanization in most African countries has been dominated
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Title:The gummi bears Experiment Question : Will gummi bears lose weight in acidic water? Hypothesis : I think that gummy bears will not lose weight in acidic water. Materials: 9 gummi bears acidic water 3 cups timer water scale Procedure: 1. Im gonna get 3 cups and fill one with 40 ml of water‚ one with 40 ml acidic water and one with 20 ml of acidic water and 20 ml with water. 2. Next I’m gonna record the weight of each gummy bear. 3. Then
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Civil Aviation in Nigeria is a child of very humble beginnings‚ a spin-off of the British Colonial rule. But above all else‚ it is a product of a mere accident of history dating back to 1925 in the unlikeliest of places - the ancient‚ walled city of Kano. Sometime in July of that year the Northern city was gripped by a tense stand-off between the residents and the colonial government officials. The British government at the time was maintaining an active Royal Air Force (RAF) base in Khartoum‚
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Article Review 2: Purchasing Must Become Supply Management Oluwaseyi Omokanye INSS 630 Dr. Abby Spring 2013 * Introduction Many companies are finding purchasing to be a routine business function and face challenges concerning purchasing decisions involved in their supply chain which often includes accepting or ignoring disruptions and is managed with annual negotiations with suppliers or sources. Years ago‚ purchasing managers developed skills in
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Essay – Our Economy The economy is consists of many factors which related to everyday life. It is the financial condition of the different sectors of the country and the world. These factors include the economic links‚ business cycle‚ interest rates‚ inflation and exchange rates. Money flows circularly through the modern economy. The macroeconomics model tells us that the level of economic activity is all depended on normal regular incomes and consumption which makes up the two sectors‚ firms and
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Everyone feels a little better because the donors get to make a difference in the life of someone who is less fortunate while getting a tax break‚ the consumers get a bargain on the items they need‚ the businesses create jobs and help stimulate the economy and last but not least everyone does their bit to save the environment. American charities only use about twenty percent of the donated clothes and the rest is bought for as little as three cents per pound by companies that export second hand clothing
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