Download Tag: ECONOMIC GROWTH


AN ASSESSMENT OF THE IMPACT OF INDUSTRIALIZATION ON ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA (1981 – 2016)

ABSTRACT The effect of industrial development on the economic growth of Nigeria has over the past decade been a recurring issue for analysis like every economy most especially developing economies. Nigeria has enjoyed a long period of sustained economic growth since 2001 and yet, there is poor contribution from the industrial sector to the country’s GDP. There are various studies that have supported that industrial development is a pathway to ...

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THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH IN NIGERIA (1981-2016)

ABSTRACT The study examined the impact of human capital and physical capital on economic growth in Nigeria between 1981 and 2016. In specific terms, the study investigated the extent to which government expenditure on education and health and gross capital formation influenced economic growth in Nigeria. Human capital is instrumental in tackling poverty and unemployment, promotes economic growth, and equips the labour force with modern skills and competencies. Contemporary discussions ...

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TAX INCENTIVE AS A TOOL FOR ECONOMIC GROWTH IN NIGERIA

ABSTRACT This study examines Tax Incentive as a tool for economic growth in Nigeria. A case study of Federal Inland Revenue Service. The study discuss the life cycle of taxation in Nigeria. It covers all the types of tax incentive adopted by government to motivate tax payer respond favourably to their obligation. The work is carried out with the aid of questionnaire, direct observation, interview and review of relevant texts ...

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THE ROLE OF FINANCIAL INSTITUTIONS IN ECONOMIC GROWTH

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY An efficient financial system is essential for building a sustained economic growth and an open vibrant economic system. Countries with well-developed financial institutions tend to grow faster; especially the size of the banking system and the liquidity of the stock markets tend to have strong positive impact on economic growth. This study examines the impact of financial sector development and economic growth ...

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AN EMPIRICAL ANALYSIS OF THE IMPACT OF GOVERNMENT EXPENDITURE ON THE ECONOMIC GROWTH OF NIGERIA

ABSTRACT This study, reviews the impact of government expenditure on Nigerian economy. Government expenditure is a veritable fiscal policy tools for advancing economic growth and development in most countries of the world. Despite the fact that government expenditure is essential for growth and development, the situation in Nigeria is such that the level of government spending is high but the impact on poverty alleviation and other factors necessary for growth ...

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TAX INCENTIVES: CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH IN NIGERIA

ABSTRACT This research work on tax incentive as a catalyst for industrial development and economic growth in Nigeria was primarily undertaken to evaluate the effectiveness of tax incentives in developing the Nigerian economy, the extent to which individuals and companies have been responding to the incentive scheme, and how these incentives have been stimulating and motivating these bodies on employment opportunities. The researcher also intends to examine how these incentives ...

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THE ROLE OF FINANCIAL INSTITUTION IN ECONOMIC GROWTH

CHAPTER ONE INTRODUCTION 1.1 Background of the study An efficient financial system is essential for building a sustained economic growth and an open vibrant economic system. Countries with well-developed financial institutions tend to grow faster; especially the size of the banking system and the liquidity of the stock markets tend to have strong positive impact on economic growth. This study examines the impact of financial sector development and economic growth ...

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A PRE-CONDITION FOR ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA

CHAPTER ONE 1.0     INTRODUCTION/ BACKGROUND OF THE STUDY 1.1     THE NEED FOR ACCOUNTABILITY IN PUBLIC SECTOR At, the onset of the oil boom in the 1970’s, many were convinced that the era of scarcity has given way to abundant resources. A major problem was how to plan for the societies to be confronted with the vast increases in material wealth and leisure. The national priorities shifted rapidly as Nigerians embrace ...

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COMPANY INCOME TAX AND ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY According to Black Law Dictionary, tax is a rateable portion of the produce of the property and labor of the individual citizens, taken by the nation, in the exercise of its sovereign rights, for the support of government, for the administration of the laws, and as the means for continuing in operation the various legitimate functions of the state.The Institute of Chartered Accountants ...

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TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Tax studies have become increasingly sophisticated especially during the past decade and have yielded conflicting results as regards the tax matter. Some studies focus on the cost and benefit of tax incentives while a few look at whether public funds could have been better spent or if tax incentives were economically justified. Tax studies offer little guidance to policy makers who are ...

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THE EFFECT OF INTERNALLY GENERATED REVENUE ON ECONOMIC GROWTH

CHAPTER ONE INTRODUCTION Background of the study Revenue generation in Nigeria local governments is principally derived from tax. Tax is a compulsory levy imposed by the government on individuals and companies for the various legitimate function of the state (Olaoye, 2008). Tax is a necessary ingredient for civilization. The history of man has shown that man has to pay tax in one form or the other that is either in ...

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EVALUATION OF INTERNALLY GENERATED REVENUE AND ECONOMIC GROWTH

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Internally Generated Revenue (IGR) is the revenue that state governments generate within the areas of their jurisdiction. The various sources of internal revenue available to state governments include taxes, fines, and fees, licenses, earnings & sales, rent on government property, interests and dividends, among others. The capacity of a state government to generate revenue internally is a crucial consideration for the creation ...

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THE IMPACT OF MONEY SUPPLY ON ECONOMIC GROWTH IN NIGERIA (1981-2010)

ABSTRACT The study examined the impact of money supply on economic growth in Nigeria. In the model specified, real gross domestic product (real GDP) is the regress while broad money supply, real exchange rate, and real interest rate are the regressors. Data was collected from CBN statistical Bulletin for the period 1981 – 2010. The statistical techniques used for the analysis is the ordinary least square techniques with the aid ...

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THE IMPACT OF NON OIL EXPORT ON ECONOMIC GROWTH IN NIGERIA 1986-2010

Abstract The essence of this work has been to determine the effect of non-oil export on economic growth in Nigeria, during the period of 1986-2010. In carrying out this study, secondary data were collected and empirical analysis was made. To achieve these objectives, multiple regressions were used in analyzing the data. The empirical results reveal that non-oil export is statistically significant to Nigeria economic growth. On the other hand, oil ...

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THE EFFECT OF EXTERNAL DEBT ON ECONOMIC GROWTH OF NIGERIA(1981-2010)

ABSTRACT   This work evolved out of the need to provide an in-depth understanding of the economics of debt in Nigeria. This study aims at analysing the effectiveness of external debt on economic growth within a span of 1981-2010. The broad objective of this work is specified to evaluate the impact of external debt stock and debt servicing on economic growth. In all, the models were to show the growth ...

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THE IMPACT OF AGRICULTURAL DEVELOPMENT ON NIGERIA ECONOMIC GROWTH (1980-2010)

ABSTRACT In recent decades, the main and potential contribution of agriculture to economic growth has been a subject of much controversy among development economists. As some contend that agricultural development is a pre-condition for industrialization, others strongly object it and argue for a different path. Taking advantage of ordinary least square method (OLS), the research carried out by means of secondary data and using the independent variables. Agricultural Development (AGD), ...

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THE ROLE OF SMALL SCALE BUSINESS IN ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA (A CASE STUDY OF SOME SELECTED SMALL SCALE BUSINESS IN ILORIN, KWARA STATE)

TABLE OF CONTENTS TITLE PAGE CERTIFICATION DEDICATION ACKNOWLEDGEMENT PROPOSAL TABLE CONTENTS CHAPTER ONE Introduction Identification of Problems Objectives of the Study Scope and Limitations of the Study Significance of the Study Development of Small-Scale Enterprises   CHAPTER TWO Literature Review of Related Literature Characteristics of Small-Scale CHAPTER THREE Research Methodology Introduction Sources of Data Characteristics of the Study Population Samples and Sampling Techniques Data Collection Instruments Administration of Data Collection ...

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CRUDE OIL PRICE AND ECONOMIC GROWTH IN NIGERIAN (1986-2015)

TABLE OF CONTENTS Title Page……………………………………………………………………………i Certification…………………………………………………………………………ii Dedication …………………………………………………………………………..iii Acknowledgement……………………………………………………………………iv Table of Contents…………………………………………………………………….vi Abstract………………………………………………………………………………viii CHAPTER ONE: INTRODUCTION 1.1 Background to the Study…………………………………………………………….1 1.2 Statement of the Problem……………………………………………………………3 1.3 Research Questions………………………………………………………………….4 1.4 Objective of the Study……………………………………………………………….4 1.5 Research Hypothesis…………………………………………………………………4 1.6 Significance of the Study…………………………………………………………….5 1.7 Scope of the Study……………………………………………………………………5 1.8 Organization of the Study…………………………………………………………….5 CHAPTER TWO: LITERATURE REVIEW 2.1 Conceptual Review……………………………………………………………………6 2.1.1 Oil Price Shocks…………………………………………………………………….6 2.2 Oil Price Shocks and Economic Activity……………………………………………...8 ...

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THE EFFECT OF AVIATION INSURANCE AND ECONOMIC GROWTH IN NIGERIA

    TABLE OF CONTENT Title page Approval page Dedication Acknowledgment Abstract Table of content CHAPTER ONE 1.0   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 ...

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ROLE OF AGRICULTURE IN ECONOMIC GROWTH AND POVERTY REDUCTION IN NIGERIA

ABSTRACT The purpose of the study was to determine the role of agriculture in economic growth and poverty reduction in Nigeria. The data used were collected from the statistical bulletin of the Central Bank of Nigeria and World Bank’s development indicators, and covered the period of 33 years ranging from 1981 to 2014. Multiple regression was used to analyze the data. The result showed that agriculture has significant impact o    ...

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