Download Tag: NIGERIA ECONOMIC GROWTH

ABSTRACT This research works examines the health indices and the Nigeria's economic Growth. In particular, the researcher is interested in knowing the type of correlation that exists between health indices and economic growth thereby, representing health indices such as infant mortality rate and life expectancy at birth. The researcher also represents the economic growth of Nigeria with Gross Domestic Product. A series research made into the health sector shows that ...

  CHAPTER ONE 1. 0 INTRODUCTION The growth and development of the Nigerian economy has not been stable over the years as a result, the country's economy has witnesses so many shocks and disturbances both internally and externally over the decades. Internally, the unstable investment and consumption patterns as well as the improper implementation of public policies, changes in future expectations and the accelerator are some of the factors responsible ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The accumulation of external debt is a common phenomenon of the third World countries at the stage of economic growth and development where the supply of domestic savings is low, current account payment deficit is high and import of capital is needed to increase domestic resources. The management of Nigeria’s external debt has been a major macroeconomic problem especially since the early ...

ABSTRACT In recent decades, the potential contribution of agriculture to economic growth has been a subject of controversy among development economists. While some argue that agricultural development is a prerequisite for industrialization, others strongly disagree and argue for a different path. Taking advantage of the ordinary least square method (OLD) searches through secondary data and the use of independent variables: agricultural development, capital accumulation, inflation rate, and interest rate review ...

ABSTRACT Exchange rate is the price of one currency in terms of another currency.Exchange rate s This exchange rate is also used to determine the level of output growth of the country. Over the years, Nigeria has adopted various exchange rate regime ranging research work is centered on the impact of exchange rate on the Nigeria economic growth with special emphasis on the purchasing power of the average Nigeria and ...

ABSTRACT The study examined the impact of foreign direct investment (FDI) in Nigeria over the period 1980 to 2010. The study employed multiple regressions in analysis, using the ordinary least square (OLS) regression technique. The result at this revealed that FDI impacted positively on the growth of the Nigeria economy over the period under study. Based on this, the study recommended the provision of adequate infrastructure and policy framework that ...

ABSTRACT This research work is centred on the impact of exchange rate fluctuation on the Nigeria’s economic growth with special emphasis on purchasing power of the average Nigeria and the level of international trade transaction. Without exchange rate the exchange of goods and services among trading partners will be faced with a lot of problems, which may virtually narrow it down to trade by barter. This exchange also is used ...

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), ...

CHAPTER ONE INTRODUCTION 1.1 Background of the Study By the time Nigeria became politically independent in October 1960,agriculture was the dominant sector of the economy, contributing about 70% of the Gross Domestic Product (GDP) employing about the same percentage of working population and accounting for about 90% of foreign exchange earnings and the federal government revenue (CBN, 2005). The early period of post- independence up until the mid-1970’s saw a ...

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Historically, trade has acted as an important engine of growth for countries at different stages of development, not only by contributing to a more efficient allocation of resources within countries, but also by transmitting growth from one part of the world to another. Over the past several decades, the economies of the world have become increasingly linked, through expanded trade. International trade ...

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Study Economist hold the view that adequate investment is needed for economic growth and development in a nation and as advice that every economy needs to accumulate high level of capital for investors to borrow. This is because, borrowing from outside is not a proper strategy for growth and development since it does not only have adverse effect on the balance of ...

CHAPTER ONE  INTRODUCTION 1.1       Background of the Study Arguably telecommunication industry is today the fastest growing industry in Nigeria. The industry has remain a major driver of innovation and transfer of technology to Nigeria economy. The mobile telecommunications industry has grown rapidly over the last three decades representing one of the most intriguing stories of technology diffusion. Since 2002 mobile subscribers have exceeded the number of fixed lines globally. The process ...

CHAPTER ONE INTRODUCTION 1.1 Background to the Study The effect of health on worker‘s productivity suggests a relationship between health and aggregate output. Healthy workers lose less time from work due to ill health and are more productive when working. Health gains had the economic consequences of widespread economic growth and an escape of ill-health traps in poverty (World Health Organization, 1999). There has been a growing interest to extend ...

CHAPTER ONE INTRODUCTION 1.1 Background of the Study Globalization or one global village which brought along with it the concept of “free-trade”, has greatly affected Nigeria economic growth over the years. Nigeria, which is the most populous nation on the African continent, is highly endowed with a lot of human and natural resources, which if adequately harnessed, can turn around not only its economy but the entire economy of Africa. ...

CHAPTER ONE INTRODUCTION 1.1 Background of the Study The role of financial intermediation has been exemplified in numerous literatures of finance. Besides the performance of specialized tasks, several theoretical models posit that they mitigate the costs associated with information acquisition and the conduct of financial transactions (Benston and Smith, Jr; 1975). In addition to these, several studies have revealed that financial intermediation does more than cost mitigation. It makes provision ...

ABSTRACT In recent decades, the potential contribution of agriculture to economic growth has been a subject of much controversy among development economists.  While some contend that agricultural development is a pre-condition for industrialization, others strongly disagree and argue for a different path. Taking advantage of Ordinary Least Square Method (OLD), the research carried out by means of secondary data and using independent variables: Agricultural Development, Capital Accumulation, Inflation Rate and Interest ...

ABSTRACT This research work was carried out in order to find out if actually there is any impact which taxation has on Nigerian economy and the survey for this study is based on Enugu state. This research work also became necessary in order to bring to the proper understanding of the enquirer the best way to solve such problems connected with tax especially: what is taxable, which system of tax ...

CHAPTER ONE INTRODUCTION 1.1            Background of the study However, monetary policy as a technique of economic management to bring about Sustainable economic growth and development has been the pursuit of nations and formal articulation of how money affects economic aggregates dates back the time of Adams Smith and later championed by the monetary economists (Balogun, 2007). Since the expositions of the role of monetary policy in influencing macroeconomic objectives like economic ...

INTRODUCTION 1.1. BACKGROUND OF THE STUDY Agriculture is concerned with the husbandry of crops and animals for food and other purposes.  It is the foundation upon which the development of stable human communities, such as rural and urban communities has depended on in many parts of the world.  The study of economic history provides us with ample evidence that an agricultural revolution is a fundamental pre-condition for economic development.  The ...

CHAPTER ONE INTRODUCTION This study examined the Impact of Exchange Rate Volatility on Nigeria Economic Growth over the period of 29 years (1987-2015). Secondary data source was explored in presenting the facts in which all Nigeria’s economic outputs were considered. The secondary data are obtained from CBN annual reports. The model for the study has its dependent variables to be the Real Gross Domestic Product (RGDP), Export and Import and ...