ABSTRACT The study assessed the Problem of Petroleum Product Distribution in Nigeria. As such, the research questions that guided this study are: What are the constraints militating against Nigeria’s state owned refineries and petrochemical plants as well as affiliated regulatory agencies in Petroleum product distribution? What are the problems associated with the distribution of petroleum product in the downstream sector? 120 respondents were selected using the random sampling techniq...
ABSTRACT The purpose of this project is to evaluation of the performance of the Nigerian stock exchange (NSE) in Nigeria and to the over all financial development of the economy. It would be noted that the success of an industry of firm depends largely on the capital recourses available to the industry and this will also be reflected in the development of the economy. It has been noted that with the cost importance of the capital market a lot has been achieved by the nation. It can be noted t...
INTRODUCTION The history of production management is very similar to that of general management. It dates as far back as ancient times when man first organized to hunt and later farm, trade and build. The Egyptians for example, must have practiced some form of activity co-ordination in the construction of their famous pyramids. The project must have had managers who had to contend with such operations management questions as the job design. There are some indications in the early Greek civi...
ABSTRACT When the economic fortune of the organization of petroleum exporting countries (OPEC) nations suffered a tragic experience due to the sudden fall of the oil price in the eighties and nineties, the economy system of its members became a source of concerned as the survival of their organs was greatly threaten. Due to the sudden fall of the oil prices, several developing nations, therefore, evolved strategies that will pull them out of the economic being one of the country affected wa...
ABSTRACT This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade openness and output growth in Nigeria. Using time-series data over the period 1970-2007, we show that output growth of the Nigeria economy is a function of two sets of shocks; (i) external shocks (openness and real exchange rate) and (ii) internal shocks (real interest rate and unemployment rate). A non-monotonic and an ANCOVA economet...
ABSTRACTVarious studies have reflected the relationship between the increase of money supply and the level of inflation. Generally, this is reflected by the continued rise of prices of the various products. A situation ensues where excess amounts of money tend to be chasing too few goods. In this perspective, this study tested on whether monetary policy is an effective tool in the combating of inflation. The data utilized was derived from Nigeria’s economic situations over a range of years....
TABLE OF CONTENTS CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY 1.2 STATEMENT OF PROBLEM 1.3 OBJECTIVES OF THE STUDY 1.4 RESEARCH QUESTIONS 1.5 SIGNIFICANCE OF THE STUDY 1.6 SCOPE AND LIMITATION OF THE STUDY 1.7 HISTORICAL BACKGROUND OF NIGERIAN BANKS 1.8 DEFINITION OF TERMS REFERENCES CHAPTER TWO 2.0 LITERATURE REVIEW 2.1 THEORETICAL FRAMEWORK: 2.1.1 Linking Banking and Economic Development 2.2 HISTORY OF NIGERIAN BAN...
ABSTRACT It could be affirmative said that the index for measuring any growing economy’s technological advancement is the extent to which its industries both the large and small scale has been growing over time. It’s a fact that none of these industries can grow without the required financial assistance from financial institution. Industrialist had in recent times subscribed to discriminate behavior of the Nigeria commercial banks towards granting of finance as one of the reaso...
TABLE OF CONTENTS CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY 1.2 STATEMENT OF THE PROBLEM 1.3 OBJECTIVES OF THE STUDY 1.4 STATEMENT OF THE HYPOTHESIS 1.5 SIGNIFICANCE OF THE STUDY 1.6 LIMITATION OF THE STUDY CHAPTER TWO LITERATURE REVIEW 2.0 THEORITICAL LITERATURE 2.1 HISTORICAL BACKGROUND 2.2 COMMERCIAL BANKING IN NIGERIA 2.3 EMPIRICAL LITERATURE CHAPTER THREE 3.1 RESEARCH METHODOLOGY 3.2 MODEL SPECIFICATION 3.3 ESTIMATION PROCEDURE 3.4 TECHNIQUES FOR EVALUATI...
ABSTRACT The study is made up of two independent models, Gross Domestic Product (GDP) and Investment respectively. The independent variables Oil export, Non-oil export, Real exchange rate and Inflation rate were modeled to capture their effect on GDP and Investment respectively. The study employed Log Linear Model. Following the empirical findings in this study, we observed that, Non-oil export have not contributed a lot to economic growth in Nigeria but other indicators exert enough pressur...
ABSTRACT The main purpose of this research work is to investigate the problem of government budget implementation in developing countries using Nigeria as a case study. (1986-2006). To analyse this, an econometric method of multiple regression model was adopted, data were collected through the secondary source based on the hypothesis formulated for this study. From the result of the work, i found that anticipated impact of government budget implementation were raising the standard of living,...
ABSTRACT This study aims at evaluating the oil sector vis- a vis the agricultural sector in Nigeria from 1981-2007. The role of agriculture in the Nigerian society has been quite significant even in the pre-colonial times. The attractiveness of the Nigerian agricultural sector to the colonialist largely formed the basis for the development of the railway system from the north to the coast through the eastern and western of the country given that there was the need to evacuate agricultural pr...
ABSTRACT This research work examined the impact of commercial Bank credit on Agricultural output in Nigeria using Macroeconomic variables (commercial bank credit and agricultural output). The broad objective of the study is to investigate the extent to which commercial bank credit had supported agricultural output Nigeria. The specific objectives are: (i) to determine the impact of commercial banks credit on agricultural output in Nigeria, and (i) to determine the impact of agricultural outp...
ABSTRACT This study is motivated primarily by the need to enhance capital accumulation from the stock market, being the long term end of the financial system. This study is an investigation of the impact of Nigeria stock exchange performance on the economic growth of Nigeria. To accomplish these objectives, an econometric methodology was adopted as a tool for testing the stated hypothesis. The ordinary least square was chosen as the estimation tool because of the advantages it has over other...
ABSTRACT The study is a critical Evaluation of the impact of Exchange rate variation on Aggregate Demand in Nigeria. These study made use of the ordinary least square (OLS) regression technique in analyzing the impact of Exchange Rate Variation On Aggregate Demand in Nigeria. There are also other variables that determine the impact of Exchange Rate Variations on Aggregate Demand in Nigeria: 1979 -2008. Findings from the paper show that all the variables included in the models contributes i...