ABSTRACT The research work which is based on implications of budgetary control to industrialisation in Nigeria economic growth between 2012 and 1980 was embarked upon by the researcher to evaluate the position of the Nigerian economy from the perspective of industries with respect to budgeting and budgeting control. The researcher having known the term “Budgetary control” as a budgeting process cannot be accurately and comprehensively treated without the concept of “Budgeting” broade...
ABSTRACT The relationship between natural resource-richness and economic growth and development has been a focus of discussion for decades but recent debate was started in the 1990s. There has not been agreement as to how natural resources are vital to economic growth. This paper re-examines two main aspects of resource curse and growth literature, the first has to do with the measurement of natural resource endowment and economic growth while the second one has to do with the institutional...
ABSTRACTThe study examined the impact of foreign direct investment (FDI) in Nigeria over the period 1980 to 2010. The study employed multiple regressions in analysis, using the ordinary least square (OLS) regression technique. The result at this revealed that FDI impacted positively on the growth of the Nigeria economy over the period under study. Based on this, the study recommended the provision of adequate infrastructure and policy framework that will be conducive for doing business in Nig...
Abstract The cardinal focus of this study were the Causes, Effects of Economic Meltdown and Possible Suggestions for the improvement of economic growth and development of Nigerian economy. Three research questions were formulated for the study. A structural questionnaire was administered to 200 bank staff and 10 managers for data collection. Frequency tables mean and percentage statistics were the tools used for analysis the study revealed many causes and effects of economic meltdown in the ...
Abstract: Invasive alien species such as Bellyache bush (Jatropha gossypiifolia L.) pose immense threats to global food security, biodiversity, ecosystem integrity and provision of ecosystem services. The Bellyache bush has generally been naturalised in Africa but poses vast management challenges in the African Savannah, yet there is little knowledge of its spatial distribution and future potential invasion risk.In this study, we modelled the spatial distribution of Bellyache bush in South A...
ABSTRACT Investigators working in rural communities and small towns in Africa face many obstacles to obtaining a random and representative sample of households for their research. The civic infrastructure used as the building blocks of survey sampling in developed countries are mostly absent in rural Africa. The purpose of the study described in this paper was to pilot an innovative and cost-effective approach to household sampling designed to generate probability samples representative of th...
Abstract Macroeconomic literature is replete with discussions on fiscal policy in both developed and developing economies but not much research has been done on zakah, a compulsory tax on Muslims, especially its role in alleviating poverty and generating inclusive growth. Zakah primarily aims at taking surplus money or wealth from the comparatively well-to-do members of the Muslim society and give it to the destitute, the needy and the wayfarer, among others, to improve their purchasing powe...
ABSTRACT Small and Medium-sized Enterprises constitute the majority of business ventures and significantly contribute to the employment and economic liberation of both developed and developing economies. Notwithstanding the huge contribution of SMEs to countries' economic development, they are faced with challenges of high tax rates, unfavourable tax policies that tend to affect their profits adversely and high tax compliance costs that accompany the filing of tax returns to revenue authorit...
Abstract The issue of price deregulation in the downstream oil sector of Nigeria through gradual subsidy withdrawal has generated a heated debate in the country with the government claiming that it will guarantee long term stability in produ� supply and price. This will translate into economic growth and development Others/ especially the organised labour; claim that deregulation will lead to higher product prices/ higher cost of production/ and cut of jobs and will bring about recession i...
ABSTRACT This study is meant to investigate the impact of globalization on economic growth, also the influence of globalization on the Nigerian economy. It is obvious that Nigeria as a country still depends on the importation of productive inputs despite all efforts to develop her local resources. Thus, the objective of this study is to determine the impact of globalization on Nigeria economic and industrial growth. The study reveals that for Nigeria to benefit from glo...
ABSTRACT The recent worldwide competition for Foreign Direct Investment (FDI) and African’s poor show in FDI attraction is the main motivation of this study. The study primarily investigates the impact of infrastructure development and ease of doing business on FDI in Africa. This study uses 52 African countries for the period 2010-2014. The system Generalised Method of Moments (GMM) estimation technique, a dynamic panel regression technique, is employed for this analysis because of the sm...
ABSTRACT The study sought to establish the effect of bank size and financial risk exposure on financial performance of commercial banks in Kenya. The specific objectives of the study were: to determine the effect of bank size on financial performance of commercial banks in Kenya; to establish the effect of financial risk exposure on financial performance of commercial banks in Kenya; to determine the moderating effect of macroeconomic variable on bank size and financial performance of Commerc...
Daniella oliveri (Caesalpiniacea) is a plant found in the Amazon region and other parts of South America and Africa. The tree may reach a height of 100 feet and trunk diameter of 4 feet. Daniella oliveri (Rolfe) Fabiaceae is commonly known as Ilorin balsam (eepo-iya) or Copaihu africana . It is an indigenous African tree, found extensively in Benin, Cameroon, Gambia and Nigeria. The basic objective of this project is to determine the antimicrobial activity and phytochemical composition of Dan...
ABSTRACT This paper analysed the contribution of small-scale business to National Economic Growth and Development in the Country. It also paid attention to the foundling of these enterprises. Where as failure of the large-scale import department assembly to propel the country into a satisfactory course of industrialization necessitate the demagnification of strategy to embrace the promotion of small-scale enterprises achievement under the new strategy has not been adequate with expectati...
INTRODUCTIONIn order to reverse this unhealthy trend, and underpin Nigeria’s global competitiveness in the international market, it has become imperative to diversify the economy and broaden the revenue base within and away from crude oil export. As a result, the government must embark on a deliberate, determined and systematic plan to aggressively expand and promote non-oil exports. This has become even more compelling considering the volatility in the global oil market and its topsy-turvy...