EXPLORING THE RELATIONSHIP BETWEEN INFLATION RATES AND PUBLIC PROTESTS IN NIGERIA (A CASE STUDY OF ENDBADGOVERNANCE PROTEST IN NIGERIA)

Chapter One: Introduction

1.1 Background of the Study

Inflation, the rate at which the general level of prices for goods and services is rising, is a critical economic indicator that significantly impacts the purchasing power of individuals. In Nigeria, infl...

ANALYZING THE ECONOMIC IMPACT OF NATIONWIDE ENDBADGOVERNANCE PROTESTS IN NIGERIA

Chapter One: Introduction

1.1 Background of the Study

The EndBadGovernance protests that began in Nigeria in July 2024 were a significant manifestation of public dissatisfaction with the government's economic policies and governance. These nationwide protests, driven by grie...

AN ASSESSMENT OF THE EFFECT OF ENDBADGOVERNANCE PROTEST ON NIGERIA ECONOMIC ACTIVITIES

Chapter One: Introduction

1.1 Background of the Study

The Endbadgovernance protest, which erupted in Nigeria in July 2024, emerged as a significant response to a series of economic grievances, including rising fuel prices, inflation, and perceived government mismanagement. The protest, driven by widespread public dissatisfaction with econo...

ABSTRACT

This research work is centred on the impact of exchange rate fluctuation on the Nigeria’s economic growth with special emphasis on purchasing power of the average Nigeria and the level of international trade transaction. Without exchange rate the exchange of go...

ABSTRACT

International trade and other economic activities between nationalities have greatly expanded in modern times. Movements of goods and services over great distances have made possible the consumption of such goods and services even in place or countries where they are not produced. The implication being and improve the standard of living for many. However, exporting countries and importing nations trace the enormous problems or exchange rate...

Abstract 

This study investigates the relationship between government spending on education and economic development in Nigeria using annual time series data for the period of 1981 to 2013 sourced from the Central Bank of Nigeria (CBN) Statistical Bulletin. Using Johansen`s co-integrated test it was established that there is evidence of long run relationship between GDP and government spending on education. The long run coefficient of both capital and recurrent...

ABSTRACT

Nigeria domestic investment has not been growing over time and it is with this that this study aimed at investigating the impact of domestic investment and economic growth in Nigeria. The model was subjected to a Co-integration test in order to determine the long run relationship between domestic investment, and economic growth in Nigeria for the period of 1980-2016. The Granger causality test was also used to determine the causality betwee...

Background of the study

Migration, both internal and international, has significant importance for country economies worldwide.The phenomenon of internal and cross-border migration has significant implications for labour markets in terms of their size, structure, and efficiency. Additionally, it has notable effects on the social and political landscapes, as well as the cultural fabric of the receiving nations. The neo-classical theory of internation...

ABSTRACT

Impact of Domestic Investment on Nigeria Economic Growth. Impact of domestic investment on Nigeria economic growth with references. The researcher analyzed the domestic investment and capital formation on Nigeria economy, literature and trends of investment in Nigeria was reviewed. Data from Central Bank of Nigeria (CBN) Statistical Bulletin was used. The Ordinary Least Square (OLS) technique was specified and used to examine the relationship between the v...

BACKGROUND OF THE STUDY

The survival of any economy depends on the composition of the manufacturing sector that operates in the country. This is however affected by different macro-economic variables ranging from induced investment multiplier, stock exchange performance indices, interest charged on loanable funds, exchange rate and exchange rate policies.

Foreign exchange earnings from international trade transactions and external aid are vital for the eco...

ABSTRACT

This study examined the relationship between income inequality, poverty and economic growth. It also analyzed the impact of income inequality on economic growth, the effect of poverty on economic growth and assessed the impact of income inequality on the effect of economic growth on poverty. This study made use of annual times series secondary data. Data on GDP, inequality, poverty, population, public expenditure on education, corruption, unemployment, per...

Abstract

Given energy security and climate change challenges occasioned by increased hydrocarbon consumption, and increased trade between Nigeria and Cameroon, a holistic study of commercial energy (petrol, diesel, kerosene) demand in both countries is undertaken. Our main objective is to find out which of the two economies has performed better, in terms of energy intensity (i.e. wh...

ABSTRACT

This study examined the relationship between labour productivity and economic growth in Nigeria covering the period of 1980 to 2023. Auto-regressive Distributed Lag (ARDL) model was used for the analysis since some variables incorporated in the model were stationary at level while others were integrated at first difference at 5% level of significance. The study found that there is significant relationshi...

ABSTRACT

This study investigates the Impact of exchange rate fluctuations on foreign trade in Nigeria. The research is carried under the assumption that exchange rate fluctuations are deemed to impact on the volume of export and import trading activities. The study made use of Secondary data from 1993 to 2023. Econometric tools were used to ascertain relationships. The paper established a mixed result between the variables under review. Whil...

ABSTRACT

This research work is centred on the impact of exchange rate fluctuation on the Nigeria’s economic growth with special emphasis on purchasing power of the average Nigeria and the level of international trade transaction. Without exchange rate the exchange of go...

BACKGROUND OF THE STUDY

Economic reforms, particularly what became known as the Structural Adjustment Programme (SAP), have almost always been implemented in response to national financial distress that can be traced back to macroeconomic distortions, according to the literature (World Bank 1986). While such distress is most often manifested as severe economic deterioration (stagflation and massive external debt), distortions can also be seen in the...

​​​​​​​Background Of Study

Any economy's economic stability, long-term growth, and progress are all dependent on the capital market. The viability of the productive sector is directly related to the economy's long-term growth and development. To do this, the capital market must mobilize and allocate funds to meet the productive sector's funding needs through the use of financial instruments. The Nigerian Stock Exchange is the country'...

Background Of Study

It is impossible to overstate the importance of funds to any firm, whether private or public. Funds are needed for cooperative organizations to finance their fixed and operating capital, pay for services, and make interest-bearing investments. Even in normal times, a lack of funds was one of the most significant obstacles to co-operative business enterprise in Nigeria. We can thus picture, or rather, we are all aware of, the scen...

Background Of The Study

Industrialization culminates in the long-term maintenance of firm production. It denotes the addition of value to a factor input and its efficiency, with additional input resulting in increased organizational performance. The ultimate impact of growing industrialization is projected to be seen in the production of employment for long-term development and economic diversification. Specifically, increased household consumption...

ABSTRACT

This study examined regional economic integration and economic growth of Nigeria using Economic Community of West African States (ECOWAS) as a case study. Specifically, the study aimed to examine whether Nigeria is benefiting from being a member of ECOWAS, whether there is any force of gravity (attraction) between Nigerian economy and other ECOWAS economies, and whether the benefit of an ECOWAS member state depend on the level of trade open...

ABSTRACT

This study examined the effects of regional integration on economic growth of ECOWAS member countries from 2010 to 2020. Unlike previous studies that mainly utilised variables like terms of trade and export to capture regional integration, this study employed the regional integration index computed from 2010 to 2020 and made available by the African Regional Integration Index (ARII) in five dimensions to capture the effects of regional integration on econom...

BACKGROUND OF THE STUDY

Taxation has received considerable attention from scholars and researchers in recent times and everyone has given different view on the subject. Income tax is one of the major sources of revenue to all governments worldwide, including Nigeria. It is levied by governments to raise revenue that will help in the administration of governmental policies (Musa, 2009). The role of each government is, first, to provide good gove...

BACKGROUND OF THE STUDY

Undoubtedly, parts of the macroeconomic goals which the government strives to achieve are the maintenance of stable domestic price level and full-employment. Macroeconomic performance is judged by three broad measures- unemployment rate, inflation rate, and the growth rate of output (Ugwuanyi, 2004). Unemployment has been categorized as one of the serious impediments to social progress. Apart from representing an enormous waste of a country‟s...

ABSTRACT

The main objective for the abolition of sales tax and subsequent introduction of Value Added Tax (VAT) is that the base of sales tax is too narrow. Also, the preference for VAT to income tax is essentially because income tax reduces incentive to work and reduces consumption. An attempt by the Federal Government of Nigeria to raise VAT rate from 5% to 10% in 2012 was counteracted by widespread condemnation and protest by both the members of the public and the Nigeria Labour...

ABSTRACT

Urbanization is a major driver of pressure on land use occasioned by encroachment into periurban agricultural lands which is as a result of a trade-off on rural land between agriculture and urban growth. Based on this, the study examines the impact of urbanization on peri-urban agricultural land use in Igabi local government, Kaduna state. The study employed the use of LandSat/GIS imagery of 1995, 2005 and 2015 as well as cross sectional survey to generate data. Data were a...

ABSTRACT

In the past 3 decades (1981-2017), the Nigerian government has set out various policies targeted at stimulating the macroeconomic variables and consequently affecting the agricultural outputs positively in the economy, but have inadequately achieved these goals. This is evidenced in the annual agricultural outputs which are always insufficient to cater to the rising population of the country. Hence, this study examined the impact of selected macroeconomic variables onNigeri...

ABSTRACT

This study investigated the ‘Impact of Selected Macroeconomic Variables on Non-oil Exports in Nigeria’ for both aggregate and disaggregates within the period 1986-2015.Time series secondary data were collected from CBN statistical bulletin for the period of thirty years (1986- 2015). Auto-Regressive Distributed Lag (ARDL) bounds testing co-integration technique was used to investigate the long-run relationship between the selected macroeconomic variables (real G...

ABSTRACT

The severe nature of poverty in Nigeria has prompted the need for government to tackle this issue through programmes or projects aimed at poverty reduction in order to improve living conditions of the poor. This was predicted to be achievable through various programmes or projects aimed at financial empowerment, training on skills acquisition for the less educated, loans with minimal interest and provision of employment opportunities to reduce the incidence of poverty. Nota...

ABSTRACT

Since real exchange rate links domestic economy with the rest of the world, the determination of Equilibrium Exchange Rate is pivotal to ensuring macroeconomic stability, current account sustainability and effectiveness of monetary policy through implementation of policies to mitigate the impact of exchange rate shock. Based on this, a well-known view in international macroeconomics states that a misaligned exchange rate provokes costs to the domestic economy: an overvalued...

ABSTRACT

The study examines the impact of energy consumption on economic growth and environmental quality and also verifies the existence of the Environmental Kuznets Curve(EKC)hypothesis in Nigeria. The traditional production theory and Environmental Kuznets Curve (EKC) theory were used as the theoretical framework of the study and Autoregressive Distributed Lag (ARDL) approach constitute the empirical framework. Data from 1981-2015 wereutilised. The result of the first objective r...

ABSTRACT

The study examines government intervention programme as a tool for reducing youth unemployment in Kaduna State using descriptive statistics and logistic regression. The problem of the study is youth unemployment and the objectives are to examine the impact of government intervention programme on youth unemployment and to examine the effect of socio-economic characteristics on youth unemployment in Kaduna State. The study found that 54.4% of the respondents have been employe...

ABSTRACT

Cassava productivity is limited by soil fertility status and maturity period. Frequently used mineral fertilizer is expensive and detrimental to soil health and productivity while information on specific harvest period is scarce. Thus, studies were conducted to assess the influence of Organomineral Fertilizer (OF) and harvesting period on cassava yield. Field experiments were conducted at Ajibode and Oluana in Ibadan. Five OF rates (1.5, 2.5, 3.5, 4.5, 6.0 t/ha), NPK 15:15:...

ABSTRACT

Despite the fact that in Nigeria Monetary Policy (Interest rate policy) has been a policy tool for managing the exchange rate, Nigeria has continued to witness depreciating value of its domestic currency in recent times. This cannot be disconnected to the fact that the monetary policy has proved ineffective in managing exchange rate over the period under study. Thus, this study buttress other factors which can possibly enhance the interest rate defense of a currency in Nige...

ABSTRACT

During the periods of 1960s through 1980s, poor health outcomes (illness and deaths) resulting from strokes, hypertension, high blood pressure, cancers and heart diseases were very rare among Nigerian. But in recent decades, these has become more prevalent and remains deadly rising, as illnesses and deaths from non-communicable diseases rose from 21% to 29% between 2010 and 2016. However, the percentage of Nigerians with appropriate health-seeking behaviour declined from 54...

Abstract

The inflow of foreign direct investment (FDI) to developing countries has continued to be on the increase over the years. This study investigates the effects of FDI on economic growth in Nigeria between 1981 and 2016. Structural macroeconometric models consisting of 4 blocks made up of aggregate production, aggregate demand and policy management, monetary and prices and external sector blocks were developed for the purpose of the study. The models have 19 simultaneous equat...

Abstract

Given energy security and climate change challenges occasioned by increased hydrocarbon consumption, and increased trade between Nigeria and Cameroon, a holistic study of commercial energy (petrol, diesel, kerosene) demand in both countries is undertaken. Our main objective is to find out which of the two economies has performed better, in terms of energy intensity (i.e. which is less energy intensive) between 1971 and 2010. For this, five specific objectives were addressed...

Abstract

Despite the interest rate liberalization policy that gave rise to commercial banks’ pricing of loans models which is expected to enhance quality of banks assets and improve financial intermediation, poor assets quality of banks, bank failures and poor intermediation role of banks are still prevalent in Nigeria. Therefore, the focus of this study is to estimate commercial banks’ pricing of loans model and use the model to evaluate assets quality of banks and leve...

ABSTRACT

This study examined the relationship between Money Supply, Inflation andOutput level in Nigeria with view to ascertaining the existence or otherwise of the Tobin effect. To achieve this, the study employed the ARDL bound testing approach to cointegration on annual series of Money supply, CPI and real GDP growth rate from 1970-2016.After controlling for the observed structural breaks in the series using the dummy variable approach, the short run model shows that Money supply...

ABSTRACT

This study analyses the real exchange rate-domestic consumption relationship in Nigeria using the Smooth Transition Autoregressive (STAR) model from 1981 to 2016. Findings shows that domestic consumption determines the regime shift in real exchange rate suggesting a nonlinear linkage ofreal exchange rate and domestic consumption with clearly distinct regimes. Exchange rate is shown to have significant linear effect from previous exchange rate. On the other hand, current for...

ABSTRACT

This study examine the impact of internally generated revenue IGR) on economic output in Kwara State from 1988 to 2017. The data were however analysed using Autoregressive Distributive Lag model (ARDL) and Vector Autoregressive (VAR). The ARDL test for cointegration at the levels of variables carried out by employing the Bound test within the framework of the estimated ARDL model. The first model is Autoregressive Distributed Lag (ARDL) model developed by Pesaran et al (200...

ABSTRACT

There is a strong relationship between exchange rate movements and the Balance of Payments (BoP). In Sierra Leone, exchange rate depreciated steadily from 1.05 Leone (Le) to 1.00 United States dollar (US$) in 1980 through Le151.45/US$1 in 1990, Le2,092/US$1 in 2000 to Le3,978.09/US$1 in 2010. In the same periods, the BoP as a percentage of gross domestic product fluctuated between -15.0% and 3.0%. The literature has focused mainly on the effects of exchange rate on inflatio...

Background of the study

Technological advancement in communication technologies has continued to eulogize television as a powerful medium of mass communication. Interestingly, television programme span around the circuits of human endeavour including politics, culture and education. Udeajah (2004, p.7) affirm this when he notes that: We all know in truth broadcasting has become an indispensable form for the practice of politics and governance in all modern nation states. The reasons...

Abstract This study

focuses on the influence of religious programmes on NTA Enugu in regulating the moral conducts of Nigeria student, a study of Caritas University students. This is an investigative study in which 280 questionnaires were distributed and 240 were returned. A survey research method was adopted to take care of the diverse nature and student’s composition of the four faculties of the University. Analysis of data showed that religious television programmes can reg...

Background of the study

The Federal Radio Corporation of Nigeria is the Pioneer Broadcast Organization in Nigeria with a rich culture of excellence. Available records reveal that Radio Broadcasting was introduced into Nigeria in 1933 by the then colonial Government. It relayed the overseas service of the British Broadcasting Corporation through wired system with loudspeakers at the listening end. The service was called Radio Diffusion System, RDS. From the RDS emerged the Nigerian B...

Background of the study

In the post-second World War years, development co-operation was based on transfer of technologies to developing countries. According to the model of social labour division in western cultures, technical knowledge transferred by extension services and utilized by farms (Roth, 2001). The introduction of western technology to non-western farmers was intended to increase production capacity and improve the market position of agriculture. According to Israel and...

Abstract

“Influence of Television Advertisement on the Choice of Hair Relaxer among Female Undergraduates”, is aim to determine the influence of television advertisement on ladies on the choice of hair relaxer products. The method of the study is survey method and the instrument used for data collection is the questionnaire and personal interview. The population of the study is 2,280 out of which 150 were purposively selected and sampled Data collected was analyzed in ta...

Abstract

The aim of this study was to analysis the influence of News Censorship on the Performance of Media Houses in Nigeria. The aim of this study was achieved using the survey research method. Subjects were drawn from staff of Nasarawa Broadcasting service using the purposive sampling technique. Five research questions were used in the study. The findings of the study showed that, news censorship has negative influence on the performance media houses, news objectivity, accuracy a...

Abstract

This study “Influence of ICTs on news writing, a study of practicing journalists in Owerri municipal council” has positive impact on news writing and reporting because the advent of modern technology has really done great thing in our country. It is relevant to journalism practice because every technological breakthrough brings with its new audience, new orientation, new prospects and challenges. For an organization to effectively sell its products to an audienc...

Abstract

This study is aimed at finding out hoe ESBS Radio has helped in the economic empowerment of Agbani community and to find out the possible ways to improve the economic standard of the dwellers of Agbani community. This study was based on uses and gratification theory. The researcher consulted relevant literature to raise secondary data while survey method was used to generate primary data for analysis. The data generated using questionnaire was tested using Chi-square goodne...

Background of the Study

In every society we find ourselves, the need for the rules to reach out improve the standard of the ruled is imperative. The system must rely upon a regular two-way flow of information between the government and the citizens of the country, we have seen subsequent administration, be it military or civilian coming out with one programme or the other aimed at improving the standard of life that are found in the rural or communities areas, who obviously form the...

Abstract

The aim of this study was to analyze the Influence of African Independent Television as a Watchdog against Child Abuse and labour with a particular focus to Child Trafficking. The study made use of survey research method. Subjects were drawn from Gariki using the purposive sampling technique. The study answered four research questions. From the research findings, it was observed that the programmes aired on AIT helped in discouraging the practice of Child Abuse and Labour....

Background of study.

The Nigerian electorate in recent years has been intensely individualistic groups. Hence political parties usually confront pro-found cultural differences given the cultural structure of the Nigerian electorate. Independent Television Benin is an electronic media with visual and audio sounds. It is an effective spontaneous messages carrier of our time. On 27th of March 1997 when Independent Television started transmission of programmers‟ on channel 22 with its s...

Abstract

The main purpose of this study is to find out the influence of advertising on Caritas University undergraduates´ patronage of Goodmorning cornflakes. The study adopted the survey research method using the questionnaire as its research instrument. Out of 100 copies of questionnaire distributed to the respondents who were undergraduate students of Caritas University, 100 copies were retrieved. The study asked among other questions: what type of influence do advertising...

BACKGROUND OF THE STUDY

By the time Nigeria became politically independent in October 1960,agriculture was the dominant sector of the economy, contributing about 70% of the Gross Domestic Product (GDP) employing about the same percentage of working population and accounting for about 90% of foreign exchange earnings and the federal government revenue (CBN, 2005). The early period of postindependence up until the mid-1970’s saw a rapid growth of industrial capacity and output a...

ABSTRACT

This study attempts to investigate the Role of the Stock Market in the Growth of the Nigerian Economy spanning through 1980 – 2010. The broad objective of this work is to ascertain the role of the stock market in output growth in Nigeria using Market Capitalization as a proxy for the stock market taking cognizance of some intervening variables. This was evaluated using OLS Method. It was observed that market capitalization has a significant impact on economic growth a...

ABSTRACT

This paper analyzed empirically the impact of Value Added Tax (VAT) on economic growth in Nigeria from 1994- 2010. Data was collected from Central Bank of Nigeria (CBN) statistical bulletin. Ordinary Least Square techniques was used to estimate the model, which reveals a strong positive significant impact of VAT on economic growth in Nigeria. Therefore, this study recommends that the VAT should not be high on the infant industries, so as to enable them grow.

ABSTRACT

The term ‘unemployment’ can be defined as an economic condition marked by the fact that individuals actively seeking for job remain unemployed. Unemployment is very common in under-developed nations like Nigeria and it affects graduates of various institutions of learning. The study was designed to investigate the impact of unemployment on economic growth in Nigeria for the period of 29 years (1982 – 2010). The focus of the research was to determine the ca...

ABSTRACT

No economy can escape the evils done is by inflation and unemployment because when measures to control one are being employed the other is being upset. However, we are dealing with inflation alone. In fact, this study investigates the impact of salary increase on inflation in Nigeria. In a bid to achieve the objective of the study, ordinary least square regression method was adopted using secondary data from 1984 to 2009 the results indicate that there is a negative relatio...

ABSTRACT

So much effort has been made towards understanding the relationship between privatization and commercialization and the economic growth of Nigeria. Privatization and commercialization of pubic enterprises in every economy is introduced for the attainment of specific objectives which includes economic growth and stability. Data was collected and analyzed using ordinary least square method (OLS). The result of the study shows that there is a positive but insignificant impact...

ABSTRACT

The industrial sector remains a strong sector of any economy, be it developed or developing. The developed countries are noted for their high industrial performance. The effect of the industrial activities on the economy of underdeveloped or developing nation si still under contention. It’s a fact that the economy will not grow without its industrial activities. These activities include: agriculture, manufacturing, mining and mineral processing and export opportunitie...

ABSTRACT

This study was carried out to determine the effect of stock market on capital formation in Nigeria. The variables included in the model were, Gross Fixed Capital Formation, value of share traded, interest rate, inflation rate, commercial bank investment indicator, and Stock Market Capital. Data were sourced from CBN statistical bulletin (2011). The study employed OLS technique to determine the effect of stock market on capital formation. The empirical finding shows that sto...

ABSTRACT

This research work tries to investigate the role of microfinance bank on agricultural development in Nigeria using Nigeria as a case study. Using ordinary least square method, data collected were secondary data and the durbin-watson t-statistics were used in the regression analysis. The study shows that Microfinance bank loans have a positive impact on agricultural development in Nigeria. Based on these findings some recommendations were made, interest rate should be reduce...

ABSTRACT

What if the transportation section, stagnant, almost every section of any given economy will not perform well as expected. Te importance of transportation in developing or advanced economics cannot be over emphasized. Transport is one of the main sector that remains as the cornerstone of every nation for achieving growth and development as well as gaining political and economic independence. The study shows the relationship between transportation and economic development an...

ABSTRACT

This work was done to analyze the impact of public spending on poverty eradication in Nigeria from (1980-2011). In this research work, multiple regression analysis was used and five variables were used in the empirical analysis. They are government expenditure on agriculture and water resources (AGWR), health (HTH) education (EDU) transportation and communication (TRCM) and Housing and environment. The data used in this research was collected from secondary data obtained fr...

BACKGROUND OF THE STUDY

To be able to transform into an industrialized economy an underdeveloped economy has to privately and commercially develop. The importance of establishing public enterprises or corporations began during the 19th century with the British Telecom in 1884 under the telecommunication act and gained a worldwide support in Britain. Thereafter several nations particularly those in Africa, have come to embrace the principle as a way of eliminating low performance and...

THE BACKGROUND OF THE STUDY

The consequences of population growth on the economic development of less developed countries are not the same because the condition prevailing in these countries are quite different from those of developed economy. Therefore the body of literature on population growth in Nigeria has always emphasized either the negative or the positive effect. Therefore in every discussion, it is conventional to start with a definition of terms used in such discussion. H...

ABSTACT

The petroleum sector is an indispensable body in Nigeria economy. It has remained the Nigerian biggest revenue earner. It still brings in more than 80% of the foreign exchange earned by the country. However, this resulted in the shortage of the quantities of petroleum products consumed locally in the country. Hence, the problem of development is generally faced in Nigeria. This work will as well go to show what actually constitute the petroleum subsidy in Nigeria. It will an...

ABSTRACT

This research work investigates the impact of minimum wage fluctuation on growth of Nigeria economy. Determinants of labour market in Nigeria arising from the economic transformation in recent years, and how public policy affects in particular labour market outcomes. The result has shown that increase in minimum wage increase by l unit (1 million), increase real gross domestic product by 0.038million. Similarly, an increase composite consumer price index in by 1 unit (1 mil...

ABSTRACT

This study analyses the linkage between inflation rate and manufacturing sector of the Nigerian economy over the period of (1981-2011). The study used data sourced from the Central Bank of Nigeria (CBN). The ordinary least square technique (OLS) was used to specify and examine the relationship between the variables Government expenditure, inflation rate and money supply which are the independent variables and the manufacturing index which is the dependent variable for the f...

ABSTRACT

Value Added Tax (VAT) is a consumption tax on the value added to a product in the process of production. Like all other indirect taxes, it is a tax that targets the final consumer of goods and services. The main purpose of VAT in Nigeria is to increase government (state and Local) revenue from the non-oil sector thereby reducing the government’s dependence on oil sales and the budget deficits. In this research work my aim is to determine the stabilizing roles of VAT i...

ABSTRACT

This research work was conducted to investigate the impact of the oil industry on the economic growth performance of Nigeria. In the process of the research, the ordinary least square (OLS) regression technique was employed. Considering the impact of time on changes in economic variables, the analysis was carried out using the simple regression method in which Gross Domestic Product (GDP), proxy for economic growth was used as the dependent variable, while the oil Revenue (...

BACKGROUND OF THE STUDY

It is an undisputable fact that the contribution of microfinance to entrepreneurship activities is increasing being recognized as a primary engine of economic growth. (The Economist, May 18th 1996). By combining existing resources with innovative ideas, entrepreneurs add value through the commercialization of new products, the creation of new jobs and the building of new firms. The Global Entrepreneurship Monitor (GEM) indicates that nations with higher level...

ABSTRACT

This research work tries to investigate the impact of labour market crisis in developing economics using Nigeria as a case study .Using Nigeria as a case study. Using ordinary least square the study shows that there is a negative relationship between labour market crisis and economic growth; Also inflation was found to reduce production output and economic growth. Based on these findings this study recommends that government should apply reconciliation technique with labour...

BACKGROUND OF THE STUDY.

Government expenditure has served as a common means of using fiscal policy in many countries to achieve economic growth, expansion, development and transformation of the economic base. According to Musgrave (1989), He described public expenditure as tool used to achieve three distinct objectives which include allocation, distributive and stabilization purpose. Hence the public expenditure is a comprehensive set of expenditure policy measures designed to achi...

BACKGROUND OF THE STUDY

Globalization is a system that confers benefits and posses challenges and risks to countries across the globe and has gained momentum from the last quarter of the twentieth (20th) century. It is the intensification of cross border trade and increased financial and foreign direct investments flows among nations, promoted by rapid advances in and liberalization of communication and information technology. Technology, polling and competition are the forces durin...

ABSTRACT

This study is meant to investigate the impact of globalization on the Industrial Growth of Nigeria covering the range of 31years (1980-2010). 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 the industrial growth of Nigeria. The study reveals that for Nigeria to benefit from globalization her produc...

ABSTRACT

Foreign Direct Investmemt has been widely described as an indispensible vihicle of economic growth, Variuos reseachers have tried to advocate foreign direct investment as a tool for employment generation, transfer of technological skills, manpower development and increased foreign dexchange earnings. This study was carried out to determine the impact of FDI on economic growth in Nigeria. The study made use of the ordinary least square (OLS) method of estimation in determini...

ABSTRACT

A country’s labour force consists of everyone of the working age, typically above the age of seventeen and below the retirement age of sixty- five. They are characterized by those who are actively employed or seeking employment. The focus of this study is to determine the impact of female participation in labour force on the economic growth in Nigeria between the periods of 1980- 2010. The research also seeks to investigate the determinants of female contribution to e...

ABSTRACT

This work evolved out of the zeal to provide an immense understanding of the Nigeria economic of debt. The broad objective of this study was to evaluate the impact of external debt on the development of the Nigeria economy within the life-span of 1985-2011.The models in this study was used to evaluate the developmental relationship between the independent variables and the dependent variables. The data were sourced from the Federal office of statistics, CBN statistical bull...

ABSTRACT

This research work was embarked upon with a view to determine the impact of the capital market on the economic growth of Nigeria. The capital market was set up to achieve specific objectives which would boost the economy such as encourage domestic savings and increasing the quantity and quality of investments. The capital market offers access to a variety of financial instruments which are very essential for government and other institutions in need of long term funds. The...

ABSTRACT

Many efforts have been made towards understanding the relationship between capital market and the economic development of Nigeria. The capital market of every economy is setup for the attainment of specific objective which includes economic growth and stability; Data were collected and analyzed using ordinary least square analysis. These include F-test, to determine the significance of the entire regression plan, T- test to test for the significance of the individual variab...

THE BACKGROUND OF STUDY

Unemployment has been one of the most persistent and unmanageable problems facing all industrial countries of the world. It has been noted as a macroeconomic and social problem. In October 1982, the 13th International Conference of Labour Statisticians adopted a new resolution concerning the statistics of the economically active employment and unemployment, they defined unemployment as persons above a specified age who during the reference period were without...

ABSTRACT

The study was designed to investigate the effect of unemployment on economics growth in Nigeria for a period of 31 years (1980-2010). It focus is to determine the relationship between unemployment and economic growth in Nigeria (GDP).The finding was that unemployment has a positive but insignificant impact on the gross domestic product (GDP) of the Nigeria economy, Despite the fact that the effect of unemployment on economic growth is not significant, its positive coefficie...

BACKGROUND OF THE STUDY

The accumulation of external debt is a common phenomenon of the third World countries at the stage of economic growth and development where the supply of domestic savings is low, current account payment deficit is high and import of capital is needed to increase domestic resources. The management of Nigeria’s external debt has been a major macroeconomic problem especially since the early 1980s. For many years now, the country’s debt has been growi...

ABSTRACT

The term savings refers to the part of income immediately spent or consumed but reserved for futureconsumption, investment or unforeseen contingencies. This study examines the determinants of savings in Nigeria between 1985-2011, which will enable us to proffer solution for the improvement of savings in the economy, since it is an important component of the economic development of any country. The method of analysis used in testing the hypothesis are coefficient of multiple...

ABSTRACT

This work examined the contributions of the insurance industry to the gross domestic product (GDP) in Nigeria. Data for the study were basically through the secondary process, extracted from journals, newspapers, internet, magazines, textbooks, CBN statistical Bulletin and Statement of Account etc. The Ordinary Least Square technique was used to test the validity of the hypotheses stated in the study. The research revealed that insurance industry through her routine activit...

BACKGROUND OF THE STUDY

Industrial financing organizations have undergone a structural transformation during the last three decades in most developing countries. In this process of transformation, industrial development banks have emerged as catalytic agent of industrial and economic growth. This work is aimed at examining the contribution of the Bank of Industry (BOI) to the industrial development of Nigeria. Industrialization is regarded by the government as a sine qua non for Nat...

BACKGROUND

The major goals of macro-economic policy are: to achieve full employment in other words maintain a low and stable level of unemployment. To maintain a relative stable level of price payment position at a fixed stable exchange rate of growth. Practically, inflation which is a persistence increase in general price level is one of the macro-economic problems facing Nigeria today. According to Ewa Udu and Agu G.A it began in Nigeria during and after the Nigeria civil war (tha...

ABSTRACT

The study examines the role of infrastructure development in national economic growth. A model was specified for the purpose and secondary quarterly data was collected for the period 2000-2010. The objective of this research was primarily to investigate the level of telecom infrastructure development on the Nigeria economy. Statistical technique of ordinary least square (OLS ) was employed for the estimation. Our result shows that developments in telecommunications sector p...

ABSTRACT

The study examines the role of commercial banks in Agricultural development in Nigeria, spanning from 1986-2010. The methodology used is ordinary least squares (OLS), using P.C give 8.00 package. The findings from the study support the view that commercial bank loans are not getting to red farmers. The commercial banks loan to Agricultural sector is positive and significant at 5% level, contributing 67.65 percent variations in Real Agricultural output in Nigeria. Real inter...

ABSTRACT

The term unemployment can be defined as an economics condition marked by the fact that individual actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economics conditions and other circumstances. This is mostly seen in graduate of various institutions of learning especially in under developed nations like Nigeria. The study was designed to investigate the impact of unemploym...

ABSTRACT

The study investigates the impact of small and medium scale industries on the Nigerian economy, spanning from 1986 to 2010. The study adopted Ordinary Least Square (OLS) Linear Specification model. Using unit root test, the work shows that small scale industries significantly contributed to the economic growth in Nigeria despite poor funding by commercial banks. The work recommends among others that government should improve its monetary policies so as to reduce to an accep...

ABSTRACT

The essence of this work has been to determine the effect of non-oil export on economic growth in Nigeria, during the period of 1986-2010. In carrying out this study, secondary data were collected and empirical analysis was made. To achieve these objectives, multiple regressions were used in analyzing the data. The empirical results reveal that nonoil export is statistically significant to Nigeria economic growth. On the other hand, oil export also has been significant to N...

ABSTRACT

The study examined the impact of money supply on economic growth in Nigeria. In the model specified, real gross domestic product (real GDP) is the regress while broad money supply, real exchange rate, and real interest rate are the regressors. Data was collected from CBN statistical Bulletin for the period 1981 – 2010. The statistical techniques used for the analysis is the ordinary least square techniques with the aid of Stata 10 software package. The research indica...

ABSTRACT

The study examined the impact of monetary policy in stabilizing the Nigeria economy. In the model specified inflation is the regress while cash research requirement, liquidity ratio, money supply, minimum rediscount rate, interest rate are the regressors. The government employs a deliberate manipulation of cost and availability of credit and money to achieve this economic objective. The CBN being the sole regulatory body combines measures designed to regulate the value, sup...

ABSTRACT

This study examined the impact of liquidity performance in commercial using First Bank of Nigeria Plc as case study. Secondary data used in this study were carried from text books, journals, magazines and newspaper. Our findings indicate that there was a positive relationship between liquidity management and the existence of any banks. Based on this findings we recommend that should be prudent in extending credit facilities to their client/customers to avoid problem of load...

Abstract

This study examined the role of financial institutions in agricultural development. A case study of Nigeria Agricultural Cooperative and Rural Development Bank, with a view to make useful suggestions and recommendations as way of enhancing the development of agricultural sector. The population for the study includes large and small scale farmers and the sampling method adopted for the study is the stratified random sampling in order to ensure adequate representation of the...

ABSTRACT

This study examines how various health investments culminate in child health outcomes in Africa, case study the ECOWAS region. The main objectives of the study includes evaluating the impact of health inputs to health on child mortality in developing and advanced nations, and to determine if socioeconomic status has significant impact on child mortality. The study used panel data gathered from the World Bank World Development Indicators database. Data analysis relied on the...

ABSTRACT

Exchange rate is the price of one currency in terms of another currency.Exchange rate s This exchange rate is also used to determine the level of output growth of the country. Over the years, Nigeria has adopted various exchange rate regime ranging research work is centered on the impact of exchange rate on the Nigeria economic growth with special emphasis on the purchasing power of the average Nigeria and the level of international trade transaction. To do this, the classi...

ABSTRACT

This study was embarked upon with a view to determining the impact of interest rate on other selected macroeconomic variables in Nigeria. Data were sourced from CBN Abuja and NBS. Data were analyzed using the ordinary least square regression (OLS). Results indicate that: Interest rate is inversely related investment and also negatively related with GDP. On the basis of the above stated findings some policy recommendations were made.(1)Government should establish policies th...

ABSTRACT

The focus of this research work is based on the impact of interest rate on investment decision in Nigeria. An econometric analysis between the periods of 1981-2010. Secondary data obtained from the central bank of Nigeria (CBN) statistical bulletin (volume 21) DEC 2010. Date was collected and empirical analysis made. To achieve these objective multiple regression was used in analyzing the data that the impact of interest rate on Nigeria prior to interest rate regulation in...

ABSTRACT

Theoretical and empirical evidences support the prime role of public education expenditure in rapid and persistent economic growth. However, available statistics in Nigeria does not seem to support this view. An average of 5.72 per cent of public expenditure was spent on education between 1970 and 2010. During the same period, economic growth was not only inconsistent, but averaged 0.6 per cent. Public education expenditure, no doubt promotes educational attainment which co...

Abstract

Nigeria is a country with one of the world’s highest rate of under-five mortality. Any innovative research aimed at bringing solutions to this problem should be considered worthwhile. This study examined how socio-economic, demographic and cultural factors (called underlying factors), influence under-five mortality in Nigeria by identifying some other direct factors (called proximate determinants) through which the underlying factors influence under-five mortality. It...

ABSTRACT

The privatization and commercialization of Nigerian enterprises today, faces a lot of challenges in tackling the menaces of corruption and mismanagement of public funds. It is because of social issues like economic inequalities, unemployment that made the state to interfere in economy of Nigeria. Government chose public sector as a means or medium for economic and social development due to poor managerial skill, weak technological base etc, this enhanced the zeal to establi...

ABSTRACT

This work evolved out of the need to provide an in-depth understanding of the economics of debt in Nigeria. This study aims at analysing the effectiveness of external debt on economic growth within a span of 1981-2010. The broad objective of this work is specified to evaluate the impact of external debt stock and debt servicing on economic growth. In all, the models were to show the growth relationship between the independent variables-inflation rate, exchange rate, interes...

ABSTRACT

West African countries experience economic growth in terms of financial figures but the issue of non -inclusiveness of this growth in terms of human development is becoming worrisome. This study empirically examines the role of information and communication technology adoption on human development and the direction of causality between them using data for 15 West African countries (2004 – 2014) estimated with the system Generalised Method of Moments (GMM) and Granger...

ABSTRACT

This research work evaluates the Impact of Taxation on Inequality in Nigeria from (1980-2010). From our finding, we found out that taxation does not have a statistical significant effect on inequality in Nigeria. Taxation is one of the most important and easy source of revenue to any government as the government possesses inherent power to impose taxes and levies. Inequality can be reduces in Nigeria if the government will take a special look at the rural areas than in the...

ABSTRACT

The study investigated the impact of non-oil exports on Nigerian economy during the period of 1986-2010. This study was carried out against the background of the crucial role non-oil export can play as an alternative source of revenue apart from crude oil exports. To achieve this objective, multiple regressions were used in analyzing the data. The empirical result shows that non-oil export is statistically significant to Nigeria economic growth. On the other hand, Governmen...

ABSTARCT

The work was on the impact of Government Expenditure on Nigeria Growth (1981 – 2010) dealing with secondary data from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics Regression Analysis with (OLS) technique was used. Our findings indicate that there is a positive correlation between Inflation, Money Supply, Government Consumption Expenditure. While Money Supply and LGDP-I has a positive impact on the dependent variable (GDP). But the GE (Govern...

ABSTRACT

This research work centers on the power supply and the performance of small and medium scale industries in Nigeria from 1986 – 2010. carrying out this study, secondary data were collected and empirical analysis was made to achieve these objectives, multiple regression were used in anglicizing the data. In investigating this problem, the researcher introduces 2 hypotheses that power supply changes has no significant in Nigerian econometric mode were used for evaluation...

ABSTRACT:

This research study by means of robust statistical analysis investigated the poverty situation in Nigeria and how it affects the citizens and the economy at large. This research was taken in a period of 25 years which is from 1985 – 2010. The ordinary least square method was used to investigate this work. The empirical analysis carried out showed that the Nigerian economy has changed from a diversified economy to a mono economy because of the over dependence of the o...

BACKGROUND OF THE STUDY

Over the years if has become established that the existence of an efficient human capital is the key to economic growth and development in any nation. This seems from the fact that every other facility and resources required for economic development is driven by the availability of human capital. More so, in the absence of effective human capital development, an increasing population can have adverse negative effect on the economic growth of a nation. This is...

ABSTRACT

This thesis tests the proposition that politicians are a potential source of economic fluctuations in Nigeria. As a result, underlying assumptions of existing political cycle theories are relaxed to test politically-determined cycles in a context where elections do not hold and where politicians’ ideology are neither left nor right but are influenced by other institutional features peculiar to Nigeria’s political structure. The results obtained from the study pr...

ABSTRACT

Nigeria is a mono-product economy, where the main export commodity is crude oil, changes in oil prices has implications for the Nigerian economy and, in particular, exchange rate movements. The latter is mostly important due to the double dilemma of being an oil exporting and oil-importing country, a situation that emerged in the last decade. The study examined the effects of oil price, external reserves and interest rate on exchange rate volatility in Nigeria using yearly...

ABSTRACT

This research work is centred on the impact of exchange rate fluctuation on the Nigeria’s economic growth with special emphasis on purchasing power of the average Nigeria and the level of international trade transaction. Without exchange rate the exchange of goods and services among trading partners will be faced with a lot of problems, which may virtually narrow it down to trade by barter. This exchange also is used to determine the level of output growth of the coun...

ABSTRAC

T In recent decades, the main and potential contribution of agriculture to economic growth has been a subject of much controversy among development economists. As some contend that agricultural development is a precondition for industrialization, others strongly object it and argue for a different path. Taking advantage of ordinary least square method (OLS), the research carried out by means of secondary data and using the independent variables. Agricultural Development (AGD...

ABSTRACT

Employment growth is an important macroeconomic objective of government as decline in employment signifies waste of resources and decline in welfare. Much emphasis has been laid on the importance of developing human capital in line with the emerging realities in the contemporary labor market. The study specifically sought to uncover short-run and long-run effects of education and health investments on employment and to determine the nature of causality existing between the...

ABSTRACT

Environmental challenges such as climate change continue to threaten human existence globally. This has necessitated renewed focus on some existing policies that by design or otherwise may counter global efforts at addressing these challenges. Various engineering solutions have been championed while economic and social development tools have focused on using various policy instruments to reduce the concentration of emissions in the atmosphere. One of such policies is the fu...

ABSTRACT

Generally, policies and strategies of Nigerian government towards foreign direct investment are shaped by two principal objectives of the desire for economic independence and the demand for economic development. Multinational corporations are expected to bring into Nigeria foreign capital in the form of technical skills, entrepreneurship, and technology and investment fund to boost economic activities thereby raising the standard of living in Nigeria. The main issues in thi...

ABSTRACT This study examined the relationship between foreign aid and economic development in sub Saharan Africa. The study seeks to examine the role of institutions in aid effectiveness and economic development in Sub Saharan Africa. The study adopted a theoretical framework similar to the Endogenous or New Growth model, as well as; the system generalized method of moments (GMM) technique of estimation was adopted in order to overcome the challenge of endogeneity perceived in the institution...

ABSTRACT

Income inequality stalls economic growth with undesirable socio-economic consequences. Despite measures targeted towards reducing the inequality gap, disparities in income distribution persists. The link between financial reforms and income inequality is still relatively unexplored in the literature. This study appraises the impact of financial reforms including credit growth on income inequality using a sample of twenty selected countries in Sub-Saharan Africa (SSA) from 1...

ABSTRACT

This study investigates the core leading factors that reduce savings in Nigeria between 1980 -2010 using ordinary Least Square (OLS) econometric framework, which will enable us proffer solutions for the improvement of savings in the economy, which is also an important component for economic development in any country. Base on data collected, it is discovered that savings output in Nigeria during the period was unsatisfactory but was later discovered as a necessary factor fo...

Background to the Study

Fiscal decentralization, which mirrors the amount of fiscal autonomy and responsibility accorded to subnational governments has been an important subject in the policy equation of many developing and developed countries. Fiscal federalism is essentially about the allocation of government resources and spending to the various tiers of government (Oates, 1972; Tanzi 1995).  In general the intensification of clamour for greater decentraliza...

ABSTRACT

A political economy environment typified by political corruption, poor implementation of economic policy rules and weak policy coordination, can alter the fiscal behaviour of government and how it interacts with the monetary policy of the Central Bank. This study solved and estimated a Small Open Economy New Keynesian Dynamic Stochastic General Equilibrium model with a modified fiscal bloc. This is done in order to examine fiscal and monetary policy interactions under alter...

ABSTRACT

This study “exchange rate fluctuation and export performances in Nigeria” aim to determine the effect of foreign exchange dynamism on the country’s export performance from 1961-2011. Research results from the economic tool of regression analysis obtained shows that fluctuations in the naira exchange rate affect manufacturing and agricultural exports more than it affects oil export. To reduce the impact of this fluctuations on these export, monetary authori...

ABSTRACT

Exchange rate is the price of one currency in terms of another currency. Exchange rate stability has to do with government actions in order to stabilize exchange rate so as to increase export in Nigeria especially export of primary products (agricultural produce) over the years, Nigeria has adopted various exchange rate regimes ranging from fixed exchange regime to floating exchange regime. The main purpose of this work is to determine to what extend does the volatility and...

ABSTRACT

The design of proposed Modern Bus Terminal at Obalende employs the use of thin-shell concrete structures in order to provide maximum space use. The study adopts a combination of primary and secondary data which were obtained through review of relevant literature and case studies and also interview of stakeholders at the intended site. The obtained data were properly analyzed and infused into the proposed design for a properly functional bus terminal with proper circulation....

ABSTRACT

The funding of healthcare in Nigeria has often been described as inadequate with budgetary allocation hardly exceeding 3 percent of the budget. Healthcare spending in Nigeria is segmented into private and public spending. While public expenditure in Nigeria account for 20-30% of total health expenditures, private expenditures accounts for 70-80% of total health expenditure. Most developing countries have been dependent on aid for development financing neglecting opportuniti...

ABSTRACT

In recent times, there has been growing concern about the rising but volatile rate of investments in Nigeria. Thus concern stem from the fact that investment plays a dominant role in stimulating growth. The study buttress on the overview and empirical analyses into the determinant of investment in Nigeria in other to achieve the objective hypotheses which was stated with the purpose of achieving current and future stable and upswing of investment by readdressing problems of...

ABSTRACT

This work is based on the appraisal of budget deficit and current account balance in the Nigeria economy between the periods of 1986-2010. The broad objectives of the study isto examine the impact of budget deficit and current account balance in the Nigeria economy, trend of budget deficit and current account balance and also the impact of selected macroeconomic variables on the current account. The potency of budget deficit in improving current account balance in Nigeria n...

ABSTRACT

This study investigates the relationship between public debt and economic growth in Nigeria over the period of 1981-2019. Specifically, the study analyses the relationship of public debt on economic growth using domestic debt and external debt. The study used annually time series data for domestic debt stock, external debt stock, exchange rate, and consumer price index. The multiple regression analysis, Unit Root test, Johansen cointegration test, and G...