Abstract This research investigates the impact of corruption on Economic growth in Nigeria from 1996-2017. Data were collected from the Central Bank of Nigeria Statistical Bulletin, Debt Management office and Transparency International. The study examines the stochastic characteristics of each time series by testing their stationarity using Augmented Dickey-Fuller (ADF) test. The study also employed ECM for estimation. Variables used ...
Investing in High-technologies for a sustainable and efficient growth in the Sub-Saharan African countries by Elhadji Massata Diakhate E-mail: [email protected] Abstract This paper discusses the benefits for the Sub-Saharan African countries to invest in high-technologies as a more efficient long-term growth strategy. This type of investment can produce much more effective results than investing in the traditional sectors like agriculture. This paper is organized in four main parts. The f...
This paper investigates if there is a significant long – run relationship between cocoa exports and economic growth in Nigeria. The study covers the periods between 1981 to 2014. The underlying models are the export led growth, hypothesis, neo – classical growth model, presbich trade model and Keynesian model. In the formulated model, real gross domestic product was used as a proxy for economic growth. The explanatory variables used were cocoa export earnings, exchange rate and government...
Budgeting is no longer an action limited to governments, corporations and authorities, but rather extends to include families as social entities with multiple socio-economic goals. Budgeting brings considerable benefits to the family, whether on daily basis, short term or long term benefits, where the family plans for both the present and future. As such, families in all societies have attached a considerable importance to drawing up monthly and annual budgeting in an optimum manner servi...
Nigeria’s debt profile has been on the increase over the years, and the country may soon reach a debt threshold that would affect economic growth negatively. This may lead the economy to a debt trap. The study empirically examines the impact of external debt on economic growth in Nigeria. Descriptive and econometric analytical tools were used in data analyses. Data on Real Gross Domestic Product (RGDP), External Debt Stock, External Debt Service Payment, and Exchange Rate were collected f...
ABSTRACT This study evaluates deregulation of the downstream oil sector and its effect on the Nigerian economy. This study arose out of the need to find solution to the sorry state of the four refineries, the inefficiency in the distribution, the poor pricing of petroleum products and the negative effects of monopolistic structure of the downstream sub-sector. The study attempt to identify the challenges associated with deregulation of the downstream sub-sector and to examine the effects of ...
ABSTRACT Exchange rate variation has been identified as one of the salient factors that affect economic performance of a nation. Exchange rate plays a crucial role in international economic transactions because no nation is in isolation due to varying factor endowments. Hence, the effect of exchange rate variation on economic growth is subject to analysis in economics. Thus, the focus of this study is to empirically verify the effect of exchange rate depreciation on Nigeria...
Remittance to less developed countries,
INTRODUCTION: This report presents a quantitative desk analysis on secondary data sieved from materials such as Deep Dive Report, STS Baseline Studies, Unicef Report 2013 and Product Prototype Report of Water Easy Toilet (WET) to establish the potential sales and suppliers’ revalidation in Enugu, Ekiti and Jigawa State. This report presents detailed actual situational analysis of the existing suppliers and other prospective sanitation businesses in Ekiti and Enugu States. The repor...