THE IMPACT OF POOR REVENUE GENERATION ON THE DEVELOPMENT OF LOCAL GOVERNMENT AREAS IN NIGERIA
ABSTRACT Revenue generation is the nucleus and the path to modern development. Thus, the study was to assess the impact of poor revenue generation on the development of Local Government Areas. Consequent upon the fact that this tier of government is the closest to the people, and it will required revenue to meet the social and infrastructural expectations of its people. But it is worrisome that the level has fallen below expectations, vis-à-vis its inability to provide basic social ameni...
NIGERIA FOREIGN DEBT AND THEIR CHALLENGES IN ECONOMY RECOVERY
Foreign debt, otherwise known as external debt, is the part of total debt held by creditors of foreign countries, i.e. non-residents of the debtor's country. According to BUSINESS DICTIONARY, Foreign Debt is an amount a country owes to other countries either directly as a result of government –to-government loans or indirectly because of negative balance of trade Foreign debt is placed within four broad categories: Private non-guaranteed debtPublic and publicly guaranteed debtCentra...