Abstract This research focuses on the impact of oil and non-oil exports on Nigeria’s economy from 1981 to 2012. Data on gross domestic product, oil export and non-oil export were used. The ordinary least square (OLS) was used to estimate the parameters. The research results from econometrics analysis revealed that oil and non-oil exports have significant impact on Nigeria’s economy. The unit root test was conducted using the Augmented Dickey- Fuller ...
ABSTRACT The objective of this study to access based on questionnaire the exceptional quality or other wise of the present economic effect of petroleum scarcity. Information was drawn from both primary and secondary source. The primary source include information were questionnaire raised to check petroleum users on the scarcity in Enugu state Nigeria. During that time , question on the general field of economic effect of petroleum scarcity in Enugu state ...
ABSTRACTFuel is a form of energy, according to Longman English Dictionary, fuel is a form of energy use for production. In that case, its scarcity will affect the living standard of the people in various ways.1. It increase the cost of transportation2. Social unrest3. Electrical faults4. The cost of food item and living5. Adulteration of fuelThe effects of fuel scarcity in Enugu metropolis cannot be over emphasis for it is of the very player for all the economic attribute to move on.The...
ABSTRACTThis research is based on the economic effects of fuel scarcity in Nigeria. The research was carried out to find out the extent to which the entire population in Enugu metropolis has suffered due to fuel scarcity. The population used for this study is the workers of NNPPC, car owners, businessmen and women and the entire population of Enugu metropolis. The researcher used primary and secondary data which comprised of interviews and questionnaire to get information. From the data...
ABSTRACTThis research work tired to evaluate the extent of development in Entrepreneurship in a depressed economy like Nigeria. A closer and pragmatic approach was used by using Nigerian Association of Small-Scale Industrialists (NASSI) Enugu State Chapter. NASSI has been seen as one of the nations governmental agency involved in manpower development and training and financing small-scale industrialists.A lot of literatures by different authors were consulted in reviewing the rela...
ABSTRACT Fuel is a form of energy, according to Longman English Dictionary; fuel is a form of energy used for production. In that case, its scarcity will affect the living standard of the people in various ways.1). It increases the cost of transportation2). Social unrest3). Electrical Faults4). The cost of food items and living 5). Adulteration of fuel The effects of fuel scarcity in Enugu metropolis cannot be over emphasized for it is of the very player for all economic attribute to mov...
INTRODUCTION The advance learners dictionary defines unemployment as the amount of labour unused. When a factor of production is not doing any job we say it is unemployed. Furthermore, unemployment can also be seen as the stage where people who are qualified, available, capable and willing to work but cannot find a job to do. In this project, we are going to concentrate mainly on the effect of unemployment on the Nigeria economy in particular. Emphasis on lab...
ABSTRACT External borrowing is a source through which many countries source revenue for development and economic growth of their countries. But this revenue can only help solve the problems of gross under – development when judiciously utilized. The burden of Nigeria’s external debt is more than the country can bear and the state of economic growth in the country is hampered due to debt crisis. The debt problem facing Nigeria is concerned on how to stop incurring more debts and devi...
ABSTRACT Fuel is a form of energy, according to Longman English Dictionary; fuel is a form of energy used for production. In that case, its scarcity will affect the living standard of the people in various ways.1). It increases the cost of transportation2). Social unrest3). Electrical Faults4). The cost of food items and living 5). Adulteration of fuel The effects of fuel scarcity in Enugu metropolis cannot be over emphasized for it is of the very player for all economic attribute to mov...
ABSTRACTThe purpose of writing this paper, I have evaluated and highlight the role play by insurance companies in the nations economic development and growth. The focus in the study is on the major development with in the following sectors of the economy. Banking institution: The insurance companies have played vital roles in the development of banking institutions. These foundations of the insurance institution had helped the banks because most distressed banks are due to loan which th...
TAXATION AS A TOOL OF ECONOMIC DEVELOPMENTIN NIGERIA.1.0 INTRODUCTION The power of tax is not only the power to destroy but also to keep a live united supreme court Building a strong economy is the literate concern of the second government one to the set back in standard of living in the universe caused by the Second World War, the arsis the need for the government of every country to be concerned with how the living standard of its citizen can be improved.Challenges really stand o...
1.1 INTRODUCTION The major product Nigeria got has been, the product of crude oil and it has a great impact and importance in the nation’s economy. In early 70’s, the petroleum industry has been the dominant sector in Nigeria economy. After Agriculture before the discovery of oil and gas sector, it has directed the pace of economical, political, social and cultural progress in the nation. Oil and gas sector are descri...
INTRODUCTION1.1 PREAMBLENigeria is a leading oil producing country in Africa; she is the second longest producer of oil after Libya, while she ranks as the eight leading produce in the world. Since Nigeria’s first export of crude oil in 1959 the community has became the centre price of the country’s foreign exchange.Nigeria has become heavily dependent on her oil revenue to the neglect of her agricultural sector, which preciously was the main stay of the country’s economy.Before Nigeria...
ABSTRACTI have written the term paper on the unsatisfied, a gaping needed in the impact of petroleum products scarcity on the Nigeria economy According to Okon (1999). The under funding cists of NNDC has accounted for its poor performance with respect to output and the consequence is scarcity Jayesini (1999) explained that the cartel of bankers would do everything to interrupt efficient full supply, would will occasion so that the black market will continue to boom. Speaking on wha...
ABSTRACTGoing through the present investigation of problem & prospects of management of unemployment in Nigeria, many finding and results were made in the service and finance oriented organization.The result postulated that prospects of management of unemployment in the Nigerian patterns in the organization which in our act as a motivational factors to high productivity increasing work performance to achieve organization goals and objectives. On the other hand problem associated with prospect...