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ABSTRACT On 2nd  January 1992, there emerged a Catholic Priest in the person of Rev. Fr. Moses Adasu as the Executive Governor of Benue State, Nigeria. This was the very first time such history was recorded in the life of Nigeria and her political democratic advancements.   People were dismayed when the Catholic Church excommunicated the Reverend gentleman. It is the curiosity that surrounded the events that sharpened the researcher’s interest ...

ABSTRACT This study investigates the macroeconomic determinants of  Balance of Payments dynamics in Nigeria between 1970-2011, using econometric method of cointegration and Error correction mechanism. It found that Balance of Payments cointegrated with all the identified explanatory variables, suggesting that Balance of Payments disequilibrium in Nigeria could be caused by naira/dollar  nominal  exchange  rate,  interest  rate  differential,  external  debt  growth  and Government spending. Again the dummy variable approach to chow ...

Abstract This work was motivated mainly by the need to support development policymaking and economic management in Nigeria with credible statistics and systematic evidence on the informal sector. This is because despite the wide range of informal sector economic processes and activities in Nigeria, current knowledge of the size, macroeconomic determinants, and revenue implications of the informal sector in Nigeria remain very scanty and inadequate. Hence, this research work was ...

CHAPTER ONE INTRODUCTION 1.1       Background of the Study One of the major macroeconomic goals is economic growth. Any responsible country or government will be under obligation to ensure the growth (or at least a non-decreasing state) of her economy.  The concern  of a nation  for economic growth,  in  the absence of immediate resources, naturally necessitates a government’s expenditure being greater than her revenue. Given the resources required in development, the ...

ABSTRACT This study emphasized on the phenomenon and systems of traditional worship especially among the Agbaja people namely Ezeagu  and  Udi  Local  Governments  of  Enugu  State,  Nigeria. This work in other words, aims at exposing the structure of the traditional  worship  of  the  people  from  the  ages  past  to  the present.   It bears in mind how it could harmonize and enhance the understandings that exist in the premises of the ...

ABSTRACT Income inequality is one of the major underdevelopment problems facing developing countries including Nigeria. Despite serious attention given to inequality in both theoretical and empirical literature, it is still understudied in the case of Nigeria because most empirical studies overaggregate analysis. This study departs from existing studies in two ways. First, the study disaggregates household consumption expenditure into food and nonfood and thus decomposes inequality into within-groups and between-groups ...

Abstract. This study makes an empirical case that the level of sensitivity of economic growth  to political and economic institutional reforms in Nigeria matters for sustained and sustainable economic performance both in the short, medium and long term. We first document the empirical evidence that successive regimes in Nigeria were indifferent to the impact of institutional reforms on economic growth. Several regimes both military and civilian pursued time bound and ...

ABSTRACT This study investigated the effect of exchange rate on Nigeria’s non-oil sector outputs, with emphasis on the agricultural, manufactural and service sectors over a period of 1970-2012 through the co integration and the ECM approach. The co integration test showed that there was a long run relationship between the variables. Evidence suggested that exchange rate by has a negative non-significant effect on the agricultural and manufacturing sectors and a ...

ABSTRACT This  study  investigated  human  capital  development  and  poverty  in Nigeria. The analysis was base on panel data regression model using National Living Standard Survey 2008. The results obtained  indicate that the apriori expectation of   the variables which are sex, age in years, mother education, total expenditure on education, quintile, and school enrollment were positive to the dependent variable which is poverty proxy by total expenditure of the house hold ...

Abstract: This study examined the influence of government budget deficit on economic performance in Nigeria. The study captures government budget deficit with budget deficit ratio (Bdr) and economic performance with real domestic product (RGDP). Budget deficit ratio measures the ratio of Nigeria’s national debt to its gross domestic product while real GDP measures the value of economic output adjusted for price changes. To estimates the influence of government budget deficit ...

Drug abuse among youths in Nigeria has been a problem to the youths and the society in General. The consequences of drug abuse are not only on the individual user but also on his or her offspring, family and the society. This work is expected to create awareness,  expose and provide useful information to people especially to the Nigerian youths on the effects of drug abuse  and  the  challenges  for  ...

ABSTRACT Most  economic  rationale  for  granting  special  incentives  for  attracting Foreign Direct Investment (FDI) is based on the belief that FDI bridges the ‘idea gaps’ between rich and the poor nations in addition to the generation of technological transfers and spillovers. This study seeks to carry out an empirical investigation of the impact of macroeconomic instability on FDI inflow in Nigeria covering the period 1970 to 2013. The linear regression ...

Abstract The Cotonou accord CA of 2000 set in motion the negotiation of an economic  partnership agreement  EPA  between  the  African,  Caribbean  and  Pacific  (ACP)  countries  and  the European Union. The basic EU demand on ACP countries is the reduction of applied tariffs against EU imports through a compendium of evolving requirements of cooperation that will eventually lead to zero tariffs by 2020.  Since inception, many studies have been conducted ...

ABSTRACT Motivated by the potential of capital markets in advanced countries this study sought to seek the performance of the Nigerian capital market. The broad objective of this study is to examine the performance of Nigerian capital market. The study employed data from the CBN and NBS statistical Bulletins with the aid of a line graph and multiple regressions to investigate the specific objectives. The result shows that credit to ...

ABSTRACT This study examines the causal relationship between exchange rate and stock prices in Nigeria using quarterly data for the period of 1990-Q1  to 2009-Q4. The ADF and PP tests suggest that the series are random work processes in their level form. Pair-wise Granger Causality was tested within multivariate co-integration and vector error correction model (VECM) framework. Three different stock exchange indicators were used as proxy for stock prices to ...

Abstract This study investigates the level of gender inequality in the Nigeria labour market and how such inequality is explained by characteristics of men and women in the labour market. The 2008/2009 harmonised survey data especially the labour and employment component were employed  in  the  analysis.  Within  the  framework  of  Mincer  type  specification  of  wage equation, this study estimates ordinary least squares (OLS) at different levels of education. Heckman two ...

ABSTRACT This study examined  the relationship  between  exchange  rate variations  and migrants’  remittances  to Nigeria. The time-series econometric method of Vector Error Correction (VEC) was applied to estimate the demand-supply  equation  for  remittance  transfers.  An  empirical  model  that  links  remittances  to  its potential determinants was specified and estimated using multivariate Johansen co-integration test and complemented by impulse response and variance decomposition analyses.  The key result emanating from the study is ...

ABSTRACT Effectiveness of monetary policy in stimulating economic growth This study investigates the effectiveness of monetary policy in stimulating economy growth in Nigeria using AK production Function and Vector Autoregressive (VAR) model. The empirical evidence depicts that economic growth in Nigeria is influenced by money supply, electric power consumption, gross fixed capital formation and trade openness. This shows that monetary policy is effective in maintaining economic growth on the long ...

ABSTRACT The study is on “The Plight of Children of Un-identified Parents or Abandoned Children in our Society”. Children of un-identified parents refer to those human beings who are below the age of eighteen (18) years whose parents cannot be traced. Moreover, their   parents   have   shelved   their   parental   responsibility   to unknown  people.  This  act  is  always  deliberate  for  different reasons. These abandoned children were found in the Old Testament era ...

Abstract Remittance inflow in Nigeria has surpassed that of FDI since 2007, (World Bank ,2011). The increase in the volume of remittance inflow to Nigeria has generated much interest in terms of knowing what impact  it has on the economy.  This work therefore  has its focus on  determining  the impact  of international remittances in financial sector development in Nigeria. It specifically concentrated on determining the impact of international remittances on ...