Abstract On the front burner of developing countries’ economic policy is the pursuit of economic growth and development. This however has been hindered by inadequate resources needed to drive the process of growth and development. One of the key components fronting the movement in support of economic globalization and integration is capital flows considering its […]
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Countries have been known to develop through the accumulation of savings that have been profitably invested to yield returns and increase production in different sectors of the economy. Such investments could be social or soft in outlook (housing, health and education), while others are infrastructural or hard […]
BACKGROUND OF THE STUDY Inflation has become a significant problem for Africa and Nigeria in particular during the past thirty years. Since the first oil shock in the mid-1970s, African inflation rates have averaged more than 15 percent a year. For Sub-Saharan Africa, the average inflation rate has been closer to 20 percent a year. […]
Effect of external debt on real exchange rate volatility in Nigeria BRIEF OVERVIEW Exchange rate is defined as the price of one unit of currency in terms of another currency. In other words, exchange rate can be calculated in terms of nominal or real exchange rate. According to Miles and Scott,(1997) nominal exchange rate is […]
The impact of human capital on economic growth in Nigeria INTRODUCTION Human capital refers to the stock of competencies, skills, knowledge and personalities attribute embodied in individuals which facilitate their ability for the creation of personal, economic and social value (OECD, 2001), labour is one of the factors of production and can also be referred […]
INTRODUCTION Since independence every administration made efforts to achieve food security in the country. In the 60s Nigeria depended on agriculture to provide infrastructure and run services until the collapse of the first republic, and the military take over of government in 1966. At that time a lot of seedlings were taken to other countries. […]
Implication of food security CHAPTER ON/INTRODUCTION 1.1 Background of the Study Nigeria has suffered from food insecurity and poverty as indicated in a recent estimate that put the number of hungry people in Nigeria at over 53 million, which is about 30 percent of the country’s total population of roughly 150 million; and 52 percent live […]
THE IMPACT OF THE CASHLESS POLICY ON ECONOMIC GROWTH OF NIGERIA CHAPTER ONE/INTRODUCTION Background to the Study Today’s financial system is the product of centuries of innovation. It started as a barter economy and has moved through various incarnations in response to limitations inherent in the evolving systems. Ajayi, S.I and Ojo, O.O (2006). Changes […]
Impact of Covid-19 Lockdown on the Economic Activities in Kaduna State,Nigeria The Covid-19 pandemic’s effects on economic activities and businesses in Nigeria is taking a negative turn. Firstly, the virus has led to the crash in global commodity prices particularly crude oil, due to a slump in demand and a spike in supply (particularly from […]
ABSTRACT The effect of industrial development on the economic growth of Nigeria has over the past decade been a recurring issue for analysis like every economy most especially developing economies. Nigeria has enjoyed a long period of sustained economic growth since 2001 and yet, there is poor contribution from the industrial sector to the country’s […]