Download Tag: ECONOMIC DEVELOPMENT

CHAPTER ONE 1.0            INTRODUCTION 1.1     Background of the Study Available literature on world history reveals that nothing bothers national leaders more than the thought of economic development. Hence outstanding world leaders are always formulating and carrying out policies aimed at economic development of their nations. No prospect is more alluring to nation leaders than the thought of bringing in businesses to develop their ...

CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY In West Africa before the advent of the European, trade by barter was a phenomenon of the economy. The early stage of monetary development in West African was characterized by crude or primitive saving structures, where valuables are personally hidden in placed not easily detected or kept with some money lenders for custody. Although the term “banking” was not in use “savings: had ...

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND OF THE STUDY One of the major functions of any government especially developing countries such as Nigeria is the provision of infrastructural services such as electricity, pipe-borne water, hospitals, schools, good roads and as well as ensure a rise in per capita income, poverty alleviation to mention a few. For these services to be adequately provided, government should have enough revenue to finance them.  The ...

CHAPTER ONE INTRODUCTION 1.1         BACKGROUND OF THE STUDY Agriculture sectors is one of the earliest sector, it starts when man has to survive as gathering of fruits and nuts. He has depended on the natural burning of the forest and water body. It is only recently as perhaps ten thousand year ago that man began to adopt and attempt to domesticate animals and plants. He began ...

CHAPTER ONE INTRODUCTION 1.0   BACKGROUND OF THE STUDY In any economy there is a financial system that is responsible for regulating the financial environment of the society determining the types and use of funds to be issued, source of funds to be put. The financial system is really made up of two major markets, namely money and capital stock market. The many market is the market for short term funds ...

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 ...

CHAPTER ONE INTRODUCTION 1.0   BACKGROUND OF THE STUDY In any economy there is a financial system that is responsible for regulating the financial environment of the society determining the types and use of funds to be issued, source of funds to be put. The financial system is really made up of two major markets, namely money and capital stock market. The many market is the market for short term funds ...

ABSTRACT The purpose of this work is to find out some factors that hinder economic development in the state. From this study a questionnaire was designed and distributed directly to the respondents to test the followings hypothesis (political instability, inconsistent economic policy, unpatriotic behavior of some Nigerians poor educational standard, high rate of illiteracy and lack of social amenities) as well as of poor remuneration of civil servant affect economic ...

CHAPTER ONE BACKGROUND OF THE STUDY Aviation has become an integral part of the socioeconomic life of the country. According to Igbatayo and Igbinedion (2014: 1), the aviation industry can be defined as those activities that relate directly to transporting people and goods by air from one place to another. The industry comprises various activities such as airline and transport operations, general aviation aircraft maintenance, scheduled and chartered flights for ...

ABSTRACT This is to examine the impacts of entrepreneurship in the economic development of the Nigerian economy. In this research work, the method of estimation is based on the use of multiple regression technique. Unique relationships between entrepreneurship in the economic development contribution were established. Our empirical findings also suggests that there is significant relationship between entrepreneurship development and its contributions to economic development of Nigerian economy e.g. unemployment, investment ...

CHAPTER ONE INTRODUCTION The Federal Government of Nigeria, through the 1976 Local Government Reforms, explained Local Government as follows: “Local Government is Government at Local level exercised through representative councils established by Law to exercise specific power within defined areas” (Government print: 1976). The United Nations Office for Public Administration explained Local Government as: “A political division of a nation (in a Federal or State system) which is constituted by ...

CHAPTER ONE INTRODUCTION  1.1 BACKGROUND TO THE STUDY  It is universally acknowledged that the banking including play a catalytic role in t he process of economic growth and development. This acknowledgement is reinforced by contemporary conceptualism to the effect that banks are a veritable vehicle for mobilizing resources from su7plus units and tempting same to deficit unit. Banks constitute perhaps the most important segment of the financial market and played ...

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 ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY It is universally acknowledged that the banking industry plays a catalytic role in the process of economic growth and development.  This acknowledgement is reinforced by contemporary conceptualism to the effect that banks are a veritable vehicle for mobilizing resources from surplus units and tempting same to deficit unit. Banks constitute perhaps the most important segment of the financial market through mobilizing savings, ...

ABSTRACT This project is a thorough research into the impact of community banking on the economic development of Nigeria a case study of ohha community bank Nigeria Ltd. No.1 Ogui Road Enugu . in carrying out the research investigation into the performance of the community banks and the extant they have contributed in the e3conomic development of Nigeria especially in the concerns grass root development were identified and properly evaluated. ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Commercial Banks are legal entity with perpetual succession formed as a corporate body under law, by an association of person, Basil (2001: 1) according to companies and Allied matters Act 1990 section 29, companies are classified into three types 1. A private company limited by shares shall end with the word “limited”. (Ltd). 2. Public company limited by shares ends with the ...

ABSTRACT In all the development countries in the word, it was through their good implementation of monetary policy control that their monetary control and supply of money was well manage and implemented very well.  Basic on my own view I believed that the monetary authority in our country will do better to achieved the in goal is they do not mis-led the good involve they have started.  I also believed from the ...

ABSTRACT The research was based on the topic “Savings mobilization for economic Development in Nigeria Banking Industry”. In carrying out this research, I examined thoroughly. The various factors, which militates severely against the effective and efficient mobilization of domestic savings, these factors were identified to range from the level of income earned of the saver. The interest rate that the bank pays on depts of customers, to the effect of ...

ABSTRACT The purpose of this work is to find out some factors that hinder economic development in the state. From this study a questionnaire was designed and distributed directly to the respondents to test the followings hypothesis (political instability, inconsistent economic policy, unpatriotic behavior of some Nigerians poor educational standard, high rate of illiteracy and lack of social amenities) as well as of poor remuneration of civil servant affect economic ...

ABSTRACT This study is conducted on an Assessment of Contribution of Commercial Banks in the Economic Development of Nigeria. The concept is also on eye opener to the society and business as well. The research was carried out by means of questionnaires and oral interview with the official/staff of the bank selected on which the following questions that need to be tested are based on the contribution of commercial bank ...