Download Tag: ECONOMIC GROWTH


THE PERFORMANCE OF THE OIL SECTOR ON ECONOMIC GROWTH IN NIGERIA

Abstract Indeed, the oil industry plays a significant role in the recipient countries' economic development. Therefore, for strategic reasons, the majority of oil-rich countries spend their oil sector profits in non-oil businesses. However, the realism of achieving this goal in the context of the Nigerian economy has become murky during the previous 50 years. The way that such oil wealth has been used in Nigeria so far has been highly ...

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MONETARY POLICY AND ECONOMIC GROWTH IN NIGERIA

Abstract The purpose of this project work is based on the relative of monetary policy and economic growth in Nigeria. The study shows further, the aims and objectives of monetary policy which includes price stability, maintenance of balance of payment equilibrium, promotion of employment, tackling inflation, output growth and sustainable development. The literature review shed more light on conceptual and evolutionary framework of monetary policy in Nigeria, review of monetary ...

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THE ROLE OF REVENUE MOBILIZATION IN ECONOMIC GROWTH AND DEVELOPMENT IN GHANA

Abstract This study was on the role of revenue mobilization in economic growth and development in Ghana. Three objectives were raised which included:      Determine the impact of tax on economic growth in Ghana and Investigate the role of revenue mobilization on economic growth and development in Ghana. A total of 77 responses were received and validated from the enrolled participants where all respondents were drawn from Ghana central bank. ...

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THE ROLE OF CAPITAL MARKET ON ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE INTRODUCTION    BACKGROUND TO THE STUDY Economic development is regarded as the major goal of national policy in any economy, while capital accumulation or formation is also seen as a potent factor in the process of economic development. It is regarded as the core process by which all other aspect of growth is made possible and feasible. However, the rate of economic development is always limited by shortage of ...

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ECONOMIC GROWTH AND STOCK MARKET DEVELOPMENT IN NIGERIA

ABSTRACT             The pivot of this study is an investigation into the causality between economic growth and stock market in Nigeria, one should note that although this study has been carried out in other countries, it is a relatively virgin ground for research in Nigeria. In order to successfully carry out this research, secondary data were used. The source for secondary data includes the use of textbooks, journals, use of ...

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THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH

Abstract This study was on the impact of human capital on economic growth. Three objectives were raised which included: To ascertain the role of education on economic growth, to ascertain the role of innovation on economic growth and to ascertain the role of technological knowledge on economic growth A total of 77 responses were received and validated from the enrolled participants where all respondents were drawn from CBN. Hypothesis was ...

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THE EFFECT OF INSURANCE ON ECONOMIC GROWTH IN GHANA

Abstract This study was intended to evaluate the effect of insurance on economic growth in Ghana. This study was guided by the following objectives; to identify the role insurance play to the economy of Ghana, to access the awareness among the general public about insurance in Ghana, to find out the problems facing the insurer and the insured in Ghana. The study employed the descriptive and explanatory design; questionnaires in ...

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THE NEXUS BETWEEN THE NIGERIAN ELECTRICITY INDUSTRY AND ECONOMIC GROWTH: THE ROLE OF THE NATIONAL GAS POLICY

Abstract The study evaluates the nexus between the Nigerian electricity industry and economic growth: case of national gas policy for the period of 1986 to 2021. Secondary time-series data were analyzed using co-integration and ordinary least square techniques. Co-integration results show a long run relationship among the variables. The result shows that in the long run, total energy consumption had a similar movement with economic growth except for coal consumption. ...

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THE IMPACT OF MONEY SUPPLY ON ECONOMIC GROWTH IN NIGERIA

Abstract This study was on the impact of money supply on economic growth in Nigeria. Two objectives were raised which included: To determine the impact of money supply on economic growth in Nigeria and recommending ways in which money supply could be used more effectively in achieving its intended effects of promoting economic growth in Nigeria. A total of 77 responses were received and validated from the enrolled participants where ...

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RELEVANCE OF SMALL AND MEDIUM SCALE ENTERPRISES AS A CATALYST TO ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA

Abstract The study investigates Relevance of small and medium scale  enterprises as a catalyst to economic growth and development of Nigeria from 1997-2021. The study adopted Ordinary Least Square (OLS) Linear Specification model. Using unit root test, the work shows that small scale industries significantly contributed to the economic growth in Nigeria despite poor funding by commercial banks. The work recommends among others that government should improve its monetary policies ...

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THE RELATIONSHIP BETWEEN TRADE OPENNESS AND ECONOMIC GROWTH. A CASE STUDY OF NIGERIA AND GHANA

THE RELATIONSHIP BETWEEN TRADE OPENNESS AND ECONOMIC GROWTH.  A CASE STUDY OF NIGERIA AND GHANA Despite the recent wave of liberalizations, the debate about the linkages and causality between trade openness, growth, and income circulation is still ongoing (Rodriguez and Rodrik, 2001). More external countries likely to have higher economic growth in the long run, according to empirical evidence (e.g., among others, Sachs and Warner, 1995; Edwards, 1998; Frankel and ...

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INVESTIGATION OF THE IMPACT OF GOVERNMENT EDUCATION SPENDING ON ECONOMIC GROWTH

Abstract This study was on Investigation of the impact of government education spending on economic growth. Three objectives were raised which included; To reveal the impact of government capital expenditure in education on economic growth, to examine the impact of government recurrent expenditure in education on economic growth, to access the impact of primary, secondary, and tertiary enrollment on economic growth in Nigeria and to analyze the effect of human ...

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IMPACT OF TAX REVENUE ON ECONOMIC GROWTH IN NIGRIA FROM 1999 TO 2020

Abstract This study was on impact of tax revenue on economic growth in Nigeria from 1999 to 2020. Four objectives were raised which included; To ascertain the influence of Petroleum Profit Tax on economic growth in Nigeria, to assess the impact of companies' income tax on economic growth in Nigeria, to examine the impact of customs and excise duties on economic growth in Nigeria and to determine the impact of ...

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AN ANALYSIS OF IMPACT OF STOCK MARKET DEVELOPMENT ON ECONOMIC GROWTH IN NIGERIA

Abstract This study was on an analysis of impact of stock market development on economic growth in Nigeria. two objectives were raised which included; to analyze the dynamic relationship between market capitalization and total value traded and to find out the relationship between turnover ratio and economic growth in Nigeria. A total of 77 responses were received and validated from the enrolled participants where all respondents were drawn from CBN, ...

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EVALUATING THE POTENTIAL OF POLYMER WASTE FOR ECONOMIC GROWTH (A CASE STUDY OF BONNY ISLAND)

Abstract Polymer or Plastics are durable, lightweight and inexpensive materials, which moulds readily into a variety of products with wide range of applications. Over the last 60 years, production of plastics had witnessed remarkable increase and is proposed to be used in solving other global pressing problems. Increasing demand and usage of plastics, and its disposal has resulted in several environmental pollution burden on both land and water habitats threatening ...

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THE IMPACT OF MICROFINANCE BANK ON ECONOMIC GROWTH OF AKWA IBOM STATE NIGERIA

Abstract This study is on the impact of microfinance bank on economic growth of Nigeria. The total population for the study is 200 staff of community bank, Akwa Ibom state. The researcher used questionnaires as the instrument for the data collection. Descriptive Survey research design was adopted for this study. A total of 133 respondents made up managers, customer care officers, marketers and junior staff was used for the study. ...

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THE IMPACT OF ELECTRICITY GENERATION AND SUPPLY ON ECONOMIC GROWTH

ABSTRACT           The research work titled the impact of electricity Supply on economic growth in Nigeria examines the relationship between per capita income (a proxy for economic growth) and electricity consumption in Nigeria. The study employs an error correction model and results show that there was no long run relationship between per capita income and the explanatory variables. And in the short run while electricity consumption, government expenditure and investment ...

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NIGERIA’S FOREIGN POLICY AND ECONOMIC GROWTH. AN ASSESSMENT (2015-2019)

Abstract The practice and idea of foreign policy dates back to antiquity. The waves of globalization and increasing interdependence among nations has increased the frontiers of foreign policy with the state continued relevance as the dominant major actor in international politics. On ascension to power, the Buhari-led administration was faced with several challenges that have hindered economic prosperity, sustainable security and overall national development in Nigeria. These challenges includes but ...

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THE IMPACT OF MICROFINANCE BANK ON ECONOMIC GROWTH OF NIGERIA

CHAPETR ONE INTRODUCTION  1.1        Background of the study 1.2        Statement of problem 1.3        Objective of the study 1.4        Research Hypotheses 1.5        Significance of the study 1.6        Scope and limitation of the study 1.7       Definition of terms 1.8       Organization of the study CHAPETR TWO 2.0   LITERATURE REVIEW CHAPETR THREE 3.0        Research methodology 3.1    sources of data collection 3.3        Population of the study 3.4        Sampling and sampling distribution 3.5        Validation of research instrument 3.6        Method of data analysis CHAPTER FOUR DATA PRESENTATION AND ...

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THE IMPACT AND ROLE OF ENTREPRENEURSHIP ON THE ECONOMIC GROWTH OF NIGERIA

ABSTRACT CHAPTER ONE INTRODUCTION 1.1 Background of the Study 1.2 Statement of the Problem 1.3 Research objectives 1.4 Research questions 1.5 SIGNIFICANCE OF THE STUDY 1.6 SCOPE OF THE STUDY 1.7 LIMITATION OF THE STUDY 1.8 DEFINITIONS OF RELEVANT TERMS CHAPTER TWO LITERATURE REVIEW 2.1 EMPIRICAL REVIEW 2.1.1 EVOLUTION OF ENTREPRENEURSHIP IN NIGERIA 2.3 Recent growth of entrepreneurship in Nigeria 2.5 The relationship between entrepreneurship and economic growth 2.9 ENTREPRENEURSHIP AS AN ENGINE OF GROWTH ...

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