Download Tag: ECONOMIC DEVELOPMENT

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The emergence and development of entrepreneurship is an important phenomenon in contemporary economies (Stefanovic et al, 45). (Chandler 8) defines entrepreneurship as dealing with uncertainty, making a distinction between risk, which can be calculated, and uncertainty, which cannot. (Schumpeter 66) describes the entrepreneur as the bearer of the mechanism for change and economic development, and entrepreneurship as the undertaking of new ideas and ...

ABSTRACT Many efforts have been made towards understanding the relationship between capital market and the economic development of Nigeria. The capital market of every economy is setup for the attainment of specific objective which includes economic growth and stability; Data were collected and analyzed using ordinary least square analysis. These include F-test, to determine the significance of the entire regression plan, T- test to test for the significance of the ...

ABSTRACT The project set out to examine the role of commercial banks to economic development of Nigeria from 1980 – 2008. The variables used for this study are commercial bank loans and advances, interest rate on the loans, gross fixed capital formation. The main objective of the study is to examine the role of commercial bank to economic development in Nigeria. The methodology involves the use of ordinary least squares (OLS) using E-VIEWS econometric ...

ABSTRACT One can hardly find a country without monetary policy. As a matter of fact, monetary policy has gained a solid ground in the Nigerian economy. However, in light of various economic problems in Nigeria, it would seem the benefits of monetary policy are yet to be fully harnessed. The purposed of this study is to analyse the impact of monetary policy with Nigeria being the case study. With regards ...

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 purpose of this study is to examine the effect of rural banking scheme on the economic development of Edo State, with emphasis on Ovia Local Government Area , Union Bank, fidelity Bank.  The overriding problems in Nigeria which affect the development of rural banking are the underdeveloped and poorly adopted financial practices which prevailed in the country. Furthermore, the project is also to take a look at the ...

ABSTRACT In Igbo, Agriculture use to be the main export product such as cocoa, groundnut, rubber etc that was to generate foreign exchange to the economy? But later in the 1970s agriculture was neglected and left to suffer, this have contribute to the problem of agriculture. This study is to examine the problem and prospect of agriculture in economic development of Edo State. The objectives of this study are as ...

ABSTRACT Cooperative societies started in 1844 by the Rochdate Equitable Pioneers. This movement spread over Nigeria around 1934. Today cooperative societies are one of the numerous forms of business organization in the world and it is considered as one of the important means of bringing about economic development to Orhionmwon Local Government Area of Edo State. In Orhionmwon societies perform the role of distributing goods and services to their members, ...

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND OF THE STUDY Investment according to Bierman et al (1975) is the commitment of funds in any real property financial assets with the primary objective of obtaining an income over time. It is a commitment of resources made in anticipation of realizing benefits that are anticipated to accrue to the investor over a reasonable long period in the future. By its very nature, an investment ...

ABSTRACT The study investigated the effect of taxation in Ikpoba-Okha Local Government Area of Edo State. The objectives of the study are: To identify the various types of tax,  To analyze the revenue generated by the government from taxation 2002-2005                                             in Ikpoba-Okha Local Government Area of Edo State, To evaluate the effect of taxes on the economic development of state from 2002-2005. To offer suggestion for overcoming some of the problems ...

ABSTRACT This study has been designed to investigate the effects of inflation on the economic development of Edo State. Oredo Local Government Area of Edo State was used as a case study. The research study was undertaken with the aim of providing lasting solutions which will help the public and private sectors of the economy to be combat ready to eradicating inflation. In the process of carrying out this study, ...

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 ...

ABSTRACT The main aim of the research project dwells on Globalization and Economic Development in Nigeria an Assessment.  Globalization was viewed as the bilateral relations that exist between countries for either political or economical purpose and also as a means of developing the under developed countries with technological advancement from developed countries.  The review of different literatures in the chapter of the work, looked at the challenges of globalization, in ...

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND TO THE STUDY Economic development of countries is shaped by the way they evolved. Although, transaction and production cost is determined by their level of technological advancement and industrialization. In this light, this study is examining the relationship between the transaction costs and economic development in Nigeria. A transaction cost is a cost incurred in making an economic exchange of some sort, or in other ...

CHAPTER ONE 1.1            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 ...

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 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 one ...

CHAPTER ONE  INTRODUCTION 1.1           Background to the Study Water has been identified to be very important to human existence because it is very necessary for survival.A reliable supply of clean wholesome water is crucial in an attempt to promote healthy living amongst the inhabitants of a well defined geographical region (Mustapha and Adam, 1999). In an attempt to proffer solution to water problem, it was estimated that 1.2 billion people around the ...

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY 1.1 Tax is a financial issue and its payment is a civil duty. It is the imposition of a financial burden for the government on individual firm and companies. In general based, the word tax means any contribution imposed by the government upon individual and companies for the use of government to provide facilities or services as rendered by the state. It is ...

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF STUDY         According to Akenbi (2000) vocational education is the acquisition of basic skills, which enable an individual to be gainfully employed in any sectors of the economy. For any country to obtain any level of development, vocational education must be put into consideration. Western education started in Nigeria when the Christian Missionaries came. During this period, they were mostly ...

CHAPTER ONE INTRODUCTION The Nigerian petroleum industry has been confronted by two sapping challenges over the years. The challenges relates to the prevalence of militancy and oil pipeline vandalism in the Niger Delta. While the former has significantly attenuated in the aftermath of the Amnesty deal in 2009 (Okoli, 2013), the latter appears to have escalated both in incidence and impact. According to Ogbeni: A total of 16,083 pipeline breaks ...