THE IMPACT OF CAPITAL FORMATION VIA SAVINGS AND INVESTMENT ON GROWTH OF THE NIGERIAN ECONOMY (1980-2013)
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The rate of growth in Nigeria economy cannot be fully analyzed without a closer look at the contribution of capital formation to Nigeria’s economic growth. This is in the understanding that capital formation has been recognized as an important factor that determines the growth of Nigerian economy. According to Bakare (2011), Capital formation refers to the proportion of present income saved and ...
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