Download Tag: ECONOMIC DEVELOPMENT

CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Over the years if has become established that the existence of an efficient human capital is the key to economic growth and development in any nation. This seems from the fact that every other facility and resources required for economic development is driven by the availability of human capital. More so, in the absence of effective human capital development, an increasing population can ...

ABSTRACT The study was anchored on the general notion that sustainable industrial growth is very vital to economic growth and development. Nigeria has transited from different industrial phases and development stages without meaningful contribution to growth and development in Nigeria. The contributions of the sector, growth and employment is generally very low. It is a fact that the sustainable transformation and industrial growth are inextricably intertwined. Investigations by scholars have ...

1.1      Background of the study The A brief look at Nigeria today one can find out that we like fashion and everything new in Nigeria, the spirit that greeted the issue of globalization at its climax in 2000 seemed to have reduced. The word globalization also seems to have gone the internet, computerization and cyber café. Globalization as an economic concept has been viewed at differently by different academic scholars, to ...

CHAPTER ONE Background to the Study Definition of marble mining: what is marble? Marble can be defined as a type of had store that is usually white and often has coloured lines in it. It can be polished and is used in building and for making status etc. a slab / block of marble, a marble floor/ sculpture. Mining: The purpose of the ground the industry involved in this coal ...

CHAPTER ONE INTRODUCTION 1.1     AN OVERVIEW OF THE STUDY  In every country, there exist a financial system that is responsible for the regulating the financial environment of the country, determine the types and amount of funds to be issued, cost of funds and the uses of these funds. The financial system plays fundamental role in the growth and development of an economy, particularly by serving as fulcrum for financial intermediation ...

INTRODUCTION 1.1    BACKGROUND OF THE STUDY One of the major issues which have occupied the mind of government for years is the impact of monetary policy as a tool for price stability in Nigeria. Despite the lack of consensus amongst the economy, there is remarkable strong agreement that monetary policy as an economy stabilizing measure in Nigeria refers to the persistence rise in the general price level. Monetary policy is ...

CHAPTER ONE 1.1 Background of The Study The financial organization is considered one of the largest industries in Nigeria providing employment for an estimated twenty-two thousand people nationwide and generating 9% of the annual GDP of the country. Nigeria is considered to be one of the fastest-growing telecommunication nations in Africa, investing heavily in ICT and related information technology Chiemeke et al (2006). One of its major investors has been ...

CHAPTER ONE INTRODUCTION 1.0 BACKGROUND OF THE STUDY The goal of every government of nay economy is to archive equilibrium in the economic system. It is therefore important that the authorities concerned must regulate the system indirectly with policies. This necessitates that government of any country adopting certain economic policies in order to consolidate specific macro-economic goal or objective. Some of such major economic policies include the monetary policies, fiscal ...

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY The capital market is a highly specialized and organized financial market and indeed essential agent of economic growth because of its ability to facilitate and mobilize saving and investment. To a great extent, the positive relationship between capital accumulation real economic growths has long affirmed in economic theories (­­­Anyanwu, 1993). Success in capital accumulation and mobilization for development varies among nations, but ...

ABSTRACT The adoption of the International Monetary Fund (IMF) Structural Adjustment Programme (SAP) in 1986 resulted in the transition from fixed exchange rate regime to floating exchange rate regime in Nigeria. Ever since, the exchange rate of naira vis-à-vis the U.S dollar has attained varying rates all through different time horizons. On this basis, this study examines the reliability, persistency, and severity (degree) of volatility in exchange rate of Nigerian ...

CHAPTER ONE               INTRODUCTION                           1.1 BACKGROUND OF THE STUDY A typical multinational corporation normally functions with a head quarter that is based in one country, while other facilities are based in the host country.  In   some circles, a multinational corporation is referred to as the multinational enterprise (MNE) or a transnational corporation (TNC) ...

CHAPTER ONE INTRODUCTION 1.1      Background of the study Most of the world renowned companies and organizations started as a small scale business with skills and efforts they grew up to the conglomerated and multinational companies of today. Small scale business occupies a unique position in the economy of any nature and they are the bedrock of any economic development. They constitute of the cornerstone of any competitive economy and by far ...

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF STUDY Small and medium enterprises in Nigeria can be defined according to asset base and number of staff employed. The criteria are an asset base between N5 million and N500 million, and a staff strength between 20 and 300 employees. The development of Small and Medium Enterprises (SMEs) via effective financing options have stem debate and growing interest among researchers, policy makers and entrepreneurs, ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Money deposit banks are resident depository corporations and quasi-corporations which have any liabilities in the form of deposits payable on demand, transferable by cheque or otherwise usable for making payments. The banking sector in Nigeria in 2010 financial year was oligopolistic in structure as only ten banks 11.1% of the 90 operation accounted for 54.5% of total assets, 52.4% of total deposit ...

ABSTRACT Almost every nook and cranny in Nigeria is littered with sachet water nylon, popularly called “pure water”, As noted by Edoga et al. (2008), about 70 percent of Nigerian adults drink at least a sachet of pure water per day resulting in about 50 to 60 million used daily across the country. this has significant impact on the economy of Nigeria. This study recommends that the pure water business ...

ABSTRACT Financial Literacy is the ability to make informed judgments and to make effective decisions regarding the use and management of money .The need for financial literacy cant be over emphasized in this our time even as the Central Bank of Nigeria seeks to enahance an efficient economy especially through the e- banking system and thus creating a cashless economy beginning form June 1 2012. Financial system plays a crucial role ...

INTRODUCTION The need to mobilize financial resources by government can not be over emphasized as the country development need for outstripped Its revenue generation capacity. Experience in Nigerian has shown that revenue from taxation and statutory allocation alone are not sufficient to finance the current and capital expenditure of most government of the federation. It is therefore imperative for them to look for other sources of capital inflows to close ...

  CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Over the years if has become established that the existence of an efficient human capital is the key to economic growth and development in any nation. This seems from the fact that every other facility and resources required for economic development is driven by the availability of human capital. More so, in the absence of effective human capital development, an increasing population ...

INTRODUCTION There is no doubt to the fact that technology has come a long way developing and modification to suit the period. Banking industries are one of the sectors in the Nigerian Financial market that have benefitted tremendously from technology application, and it also made banking operations so much easier, faster and more reliable facilities. Through technology is expensive, the cost element are only at the beginning that is during ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY The concept of poverty and material deprivation is a critical one in contemporary social discussions. Social Sciences’ literature is replete with attempt by Economists and other Social Scientists to conceptualize the phenomenon. Poverty has economic, social and political ramifications. The poor are materially deprived, socially alienated and politically excommunicated. Basically, Poverty has been conceptualized in the following ways:  a. Lack of access to ...