Download Tag: ECONOMIC GROWTH

CHAPTER ONE INTRODUCTION 1.1  Background of the study Revenue generation in Nigeria local governments is principally derived from tax. Tax is a compulsory levy imposed by 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 ...

ABSTRACT The impact of public expenditure on agriculture in Nigeria is enormous. Government having recognized agriculture as the second highest sector after oil of which the country depends for food, employment and foreign exchange. This project work would summarize the magnitude and composition of governments’ expenditure on agricultural sector since 1960  The project also examines that contribution of agriculture towards Gross Domestic Product (G.D.P), between the year 1960 when Nigeria ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY Since the attachment of independent in 1960 various policies of the Nigeria government have been geared essentially towards promoting the growth and development of the Nigeria economy by influencing the trends of gross fixed domestic investment or indirectly through policies aimed at stimulating the flow of foreign finance in any growing economy. This is so given that in the literature there are ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The introduction of electronic banking, online transactions and mobile banking in Nigeria has paved way for a new era of development where the use and demand for physical cash is gradually declining. These recent evolution of technology in the Nigerian financial institutions posses interesting questions for economist, financial institutions, business analyst and the government regarding the current economical status, logistics, and availability ...

ABSTRACT This study examined the impact of companies’ income taxon economic growth (proxy by gross domestic product) in Nigeria. Secondary time series panel data was collected for the period 2005 to 2014 from the Statistical Bulletin of the Central Bank of Nigeria (CBN). The study employed Ordinary Least Squares (OLS) technique based on the computer software Windows SPSS 20 version for the analysis of data, where gross Domestic product (GDP), ...

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 relationship ...

BACKGROUND TO THE STUDY In our economy today we are privileged to make use of the advanced world countries’ products having risen from improved or advanced technologies of the world. We even eat their type of food, wear their type of cloth, drive in their kind of cars etc. without having to do all these in their country. Also we enjoy the best of products from neighboring countries without having ...

Abstract This study examined and analyzed the impact of human capital development on economic growth in Nigeria, using time series data of 32 years spanning 1980 to 2012, data utilized for the study were extracted from secondary sources i.e. journals and publications, CBN and NBS. The Ordinary Least Square Regression technique was used to estimate the parameters of the model. Empirical results show that human capital development, in line with ...

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 ...

ABSTRACT This research work is on the impact of small and medium scale enterprises on economic growth in Nigeria. The main objective of this study is to empirically examine the impact of small and medium scale enterprises on economic growth in Nigeria. This research work made use of secondary data which were obtained from the Central bank of Nigeria Statistical Bulletin (2012). The data were collected for a period of thirty one years ...

CHAPTER ONE 1.1  BACKGROUND TO THE STUDY Every country in the world aim at achieving economic growth and development. This is only possible if a country has adequate sources. In developing countries especially those in sub-saharan Africa. The resources to finance the optimal level of economic growth and development are in short supply. Inflation, economic growth and interest rate concepts that are central and interrelated in Macro economic. A proper ...

CHAPTER ONE INTRODUCTION Background to the Study The political, economic and social development of any country depends on the amount of revenue generated for the provision of infrastructure.  The revenues may be derived from diverse sources.  These sources may be classified in various ways such as tax and non-tax revenue sources, oil and non-oil revenue sources, internally and externally generated revenue sources, among others.  Public revenues may consist of revenue ...

CHAPTER ONE INTRODUCTION 1.1       Background to the Study The relationship between taxation and economic growth has received serious attention in developed and developing economies the world over. Taxation forms the hub of financing public expenditure with other sources of revenue supplementing it. It is an important component and instrument of fiscal policy framework of every nation. It generates income for government for the funding of economic activities capable of raising ...

ABSTRACT This research work attempts to provide empirical evidence of the impact of infrastructure on economic growth in Nigeria. The research work made use of the ordinary lease square (OLS) technique to capture the effect of infrastructure on economic growth. This work covered a period of 31 years from 1980-2011. The finding shows that infrastructure has great impact on the economic growth of Nigeria. In other words, increase investment in ...

Abstract Implementing the Millennium Development Goals (MDGs) demands effective public expenditure management that is imbued with transparency and accountability measures to achieve strategic outcomes. Undoubtedly, developing countries, although to varying degrees, continue to grapple with the mechanics of good governance, resource management, including effective revenue generation and efficient allocation of public funds. This paper represents part of a larger research agenda to assess how fiscal policy influence economic growth in Nigeria. The paper attempts to assess the ...

ABSTRACT This research work has the title. ‘Entrepreneurial Development and its impact in our economy’ this study was embarked upon in order to know the problems militating against entrepreneurship, its source of finance and the roles entrepreneurs play in Eboyi state as a test case. A good number of works already carried out were reviewed. In order to achieve the set objectives, care was taken in collection of relevant data, ...

ABSTRACT So much effort has been made towards understanding the relationship between privatization and commercialization and the economic growth of Nigeria. Privatization and commercialization of pubic enterprises in every economy is introduced for the attainment of specific objectives which includes economic growth and stability. Data was collected and analyzed using ordinary least square method (OLS). The result of the study shows that there is a positive but insignificant impact of ...

ABSTRACT This research work was conducted to investigate the impact of the oil industry on the economic growth performance of Nigeria. In the process of the research, the ordinary least square (OLS) regression technique was employed. Considering the impact of time on changes in economic variables, the analysis was carried out using the simple regression method in which Gross Domestic Product (GDP), proxy for economic growth was used as the ...

ABSTRACT Foreign Direct Investment has been widely described as an indispensible vehicle of economic growth, Various researchers have tried to advocate foreign direct investment as a tool for employment generation, transfer of technological skills, manpower development and increased foreign exchange earnings. This study was carried out to determine the impact of FDI on economic growth in Nigeria. The study made use of the ordinary least square (OLS) method of estimation ...

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Unemployment is generally agreed to be symptom of macro-economic illness which could in Volu“bentary” volunta. When is said voluntary it means a condition where somebody chooses not to work because they have a means of support other than employment example is the idle rich man. On the other hand, involuntary unemployment exists when persons are willing to work at the prevailing rate of ...