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AN EMPIRICAL ANALYSIS OF THE IMPACT OF PRIVATE SECTOR ON THE ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA (1980–2010)

ABSTRACT This research work on A Comparative Study of Expenditure Controls method in Government and private Hospitals is aimed at studying and analysing the different methods of expenditure control that is being adopted by these hospitals, their practical application and their level of effectiveness. It is aimed at carrying out a comparative analysis of two hospitals. To achieve the aim of this research, secondary data through textbooks and journals were ...

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AN EMPIRICAL ANALYSIS OF THE IMPACT OF GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH OF NIGERIA (1980-2011)

ABSTRACT The study investigates the impact of government expenditure on economic growth of Nigeria from the period 1980-2011. The objective was set to address the problem of utilization of revenue targeted to improving the economic condition of Nigeria. The review of theoretical and empirical literature provided a basis for the selection and specification of model which was used to show if government capital and recurrent expenditure has positive or negative ...

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AN EMPIRICAL ANALYSIS OF THE IMPACT OF DEPOSIT MONEY BANK ON THE MANUFACTURING SECTOR IN NIGERIA (1980-2011)

ABSTRACT This research study, by means of a robust statistical analysis investigates the impact of deposit money bank on the manufacturing sector in Nigeria. Data from 1980-2011 were examined. The empirical analysis carried out showed that the lag of exchange and commercial bank credit have a significant and positive impact on manufacturing sector in Nigeria within the period under review, and as such the monetary and capital market in Nigeria ...

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AN ASSESSMENT ON THE IMPACT OF INDUSTRALIZATION ON ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Most developing nations define industrialization as a central objective of their economic policy they see; industrialization goes with agricultural progress as an integral part of growth and structural change. Some economist and analysts are of the view that industrialization plays a major role in the economic growth and development of any nation. Thus in this research work, effort is made to assess ...

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AN ASSESSMENT OF THE IMPACTS OF MANUFACTURING SECTOR ON ECONOMIC GROWTH IN NIGERIA (1981-2010)

ABSTRACT This research work examines econometrically the impact of manufacturing sector on economic growth in Nigeria, from 1981 to 2010. It assesses the effect of manufacturing output (mangdp), investment (inv), government expenditure (govexp) and money supply (m2) on log of real gross domestic product (lrgdp). Appropriate multiple regression model is specified with parameters, which are estimated using the ordinary least square (OLS) technique. Test of hypothesis is carried out and ...

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AN ASSESSMENT OF THE IMPACT OF FOREIGN DIRECT INVESTMENT ON NIGERIAN ECONOMIC GROWTH (1990-2011)

ABSTRACT This study assess the impact of Foreign Direct Investment in Nigerian economic growth over the period of 1990-2011. Data from Central Bank of Nigeria (CBN) Statistical Bulletin was used. The Ordinary Least Square (OLS) technique was specified and used to examine the relationship between the variables which includes the Gross Domestic Product as the dependent variable, export, Exchange rate, foreign direct investment and trade openness as the independent variables. ...

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AN ANALYSIS OF THE ECONOMIC IMPACT OF STOCK MARKET ON NIGERIAN ECONOMY (1986-2010)

CHAPTER ONE 1.0 INTRODUCTION 1.1   BACKGROUND OF THE STUDY The stock market is supposed to play an important role in the economy in the sense that it mobilizes domestic resources and channels them to productive investments. However, to perform this role it must have significant relationship with the economy. The development of stock market in Nigeria, as in other developing countries has been induced by the government. Though prior to ...

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GOVERNMENT ECONOMIC POLICIES AND NIGERIAN ECONOMIC GROWTH (1960-2010)

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Nigeria’s economic aspirations have remained that of altering the structure of production and base and reducing dependence on oil with the aim of putting the economy on a part of sustainable, all-inclusive and non-inflationary growth (Sanusi, 2010). The implication of this is that while rapid growth in output, as measured by the real gross domestic product (GDP), is important, the transformation of the ...

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COMMERCIAL BANKS AND RURAL AGRICULTURAL FINANCING

CHAPTER ONE BACKGROUND OF THE STUDY 1.1   INTRODUCTION Financing at any level involves the process of making funds available for the running of business, an activity, or a project either by individual, group of people or government. For any project to be successfully carryout, its require a lot of funds. Sometime, an individual, firm or Government may wish to execute project but may not have enough funds, in order to accomplish ...

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IMPACT OF AGRICULTURAL SECTOR ON NIGERIA ECONOMIC GROWTH

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 ...

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INFLATION AND UNEMPLOYMENT TRADE OFF IN NIGERIA PHILLIP CURVE

Abstract This study investigated the relationship between unemployment and inflation in Nigeria. The model specified unemployment as a function of inflation. The statistical tests used were simple percentage and the chi-square statistics. Based on the above tests carried out, the study found out that: Inflation significantly impacted unemployment in Nigeria both in the long run and short run. This implies that increase in government expenditure reduces unemployment, it can also ...

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IMPACT OF TRADE LIBERALIZATION ON NIGERIA ECONOMIC GROWTH

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 ...

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IMPACT OF DOMESTIC INVESTMENT ON NIGERIA ECONOMIC GROWTH

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 ...

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IMPACT OF POWER SUPPLY ON SMALL AND MEDIUM INDUSTRIES IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1 Background to the study  The role of small scale businesses in the overall growth and development of an economy’s manufacturing sector in particular and the economy in general cannot be over emphasized. Small scale businesses are indeed high potentials for development in terms of employment generation and wealth creation in any economy. Chibuzor (2012) stated that the small scale businesses have in many states enhanced greater ...

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IMPACT OF TELECOMMUNICATION INDUSTRY ON NIGERIA ECONOMIC GROWTH

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 ...

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IMPACT OF OIL PRICE VOLATILITY ON INDUSTRIAL SECTOR OUTPUT

CHAPTER ONE INTRODUCTION 1.1       Background of Study Nigeria industrial sector has been impacted significantly by the wage of oil price volatility. During the period of high oil price in the international market, government increase expenditure in the industrial sector to increase capacity building in the sector and position the sector to provide more job opportunity to the masses. Industrial development has not really been successful in Nigeria. This is ...

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POVERTY AND UNEMPLOYMENT: AN EMPIRICAL ANALYSIS

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Poverty and unemployment issues have been the subject of discussions for many centuries. Often poverty is described as the enemy of mankind and it is thought to be the gross violation of our civilization (Kazi and Leonard, 2012). The history of mankind demonstrates that poverty is nothing but a curse, not only for the individual who is poor, but for remainder of the ...

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IMPACT OF COMMERCIAL BANK CREDIT ON INDUSTRIAL SECTOR OUTPUT IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Industrial sector plays a crucial role in the development of modern economy the world over. Industrial sector as a sub-sector of the industrial sector refers to the productions of goods and services through combined utilization of raw materials and other production factors such as labor force, land and capital or by means of production process. In advanced economies, the industrial sector is ...

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IMPACT OF ECONOMIC RECESSION ON NIGERIA MACROECONOMIC PERFORMANCE

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Undoubtedly, parts of the macroeconomic goals which the government strives to achieve are the maintenance of stable domestic price level and full-employment. Macroeconomic performance is judged by three broad measures- unemployment rate, inflation rate, and the growth rate of output (Ugwuanyi, 2004). Since the advent of economic recession in Nigeria, the economy continues to break records on the downside. Inflation was at ...

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IMPACT OF GOVERNMENT HEALTHCARE FUNDING ON NIGERIA ECONOMIC GROWTH

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 ...

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