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A study of fiscal and monetary policies used to enhance savings mobilization for investment purpose

CHAPTER ONE 1.1 HISTORICAL BACKGROUND An economy whether developing or developed is out to achieve certain objectives which include growth in the gross domestic product, reduction in the relit of inflation and unemployment, favorable balance of payment, and long term Socio-economic development. The growth of output of any economy depends on Capital accumulation; and capital […]

AN ASSESSMENT OF GLOBALIZATION AND ECONOMIC DEVELOPMENT IN NIGERIA

ABSTRACT The main aim of the research project dwells on Globalization and Economic Development in Nigeria an Assessment.  Globalization was viewed as the bilateral relations that exist betweens countries for either political or economical purpose and also as a means of developing the under developed countries with technological advancement from developed countries.  The review of […]

THE ANALYSIS OF OIL PRICE SHOCK IN NIGERIA FROM 1970 TO 2014

CHAPTER ONE INTRODUCTION 1.1      Background of the study Nigeria gained an extra US$390 billion in oil-related fiscal revenue over the period 1971 – 2005 (Budina and Wijnbergen, 2008). What has the nation got to show for this? Despite such windfall, Nigeria has an increasing proportion of impoverished population and experienced continued stagnation of the economy (Okonjo-Iweala […]

IMPACT OF SELECTED MACROECONOMIC VARIABLES ON CAPITAL INFLOW IN NIGERIA

Abstract In the face of capital deficiency in financing long term development, the capital-deficient economies have heavily resorted to foreign capital as the primary means to achieve rapid economic growth. In the presence of the aforementioned problems this study empirically examined the impact of selected macroeconomic variables (Exchange rate, Interest rate and Inflation) on capital inflows. The […]

THE IMPACT OF CAPITAL FORMATION VIA SAVINGS AND INVESTMENT ON GROWTH OF THE NIGERIAN ECONOMY 1980-2013

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND OF THE STUDY The rate of growth in Nigeria economy cannot be fully analyzed without a closer look at the contribution of capital formation to Nigeria’s economic growth. This is in the understanding that capital formation has been recognized as an important factor that determines the growth of Nigerian economy. […]

CONTRIBUTION OF BANKING SECTOR TO AGRICULTURAL PRODUCTIVITY IN NIGERIA 1981-2013

CHAPTER ONE INTRODUCTION 1.1 INTRODUCTION Nigeria, which spans an area of 924,000 square kilometers, is bordered by the Gulf of Guinea, Cameroon, Benin, Niger, and Chad. The topography ranges from mangrove swampland along the coast to tropical rain forest and savannah to the north. Nigeria is generously endowed with abundant natural resources. With its reserves […]

THE ANALYSIS OF EXCHANGE RATE FLUACTUATIONS ON NIGERIA’S BALANCE OF PAYMENT (1983-2013)

ABSTRACT Exchange rate volatility is a widely discussed topic amongst others in economics and finance as it is relevant in virtually every sector in the economy.       This research sets out to investigate the relationship between exchange rate volatility and Nigeria’s balance of payment .The review of theoretical and empirical literature, provided a basis for […]

THE IMPACT OF THE CBN’S CASHLESS POLICY ON THE DEVELOPMENT OF THE BANKING SECTOR OF NIGERIA

ABSTRACT Financial transactions involving the use and movement of physical cash are gradually declining with the introduction of the CBN’s Cashless policy. This development has been of great concern to economist, the government of Nigeria and financial institutions. This aim of this study is to evaluate financial and economic transactions under the new CBN’s cashless […]

FINANCIAL SECTOR LIBRALIZATION AND CAPITAL MARKET DEVELOPMENT IN NIGERIA

ABSTRACT This Research study was carried out to find the link between financial sector liberalization and capital market Development. As part of the Structural Adjustment Programme (SAP) of 1986, the Nigerian Government initiated a large scale restructuring Of the financial sector and the liberalization of the regulations concerning financial institutions and markets. This was justified […]

IMPACT OF EXCHANGE RATE POLICY ON NON-OIL EXPORTS IN THE NIGERIAN ECONOMY

ABSTRACT The decline of non-oil exports has had adverse effect on the economy. Since 1986, the federal government has formulated policies to enhance non-oil exports, put in place incentives and institutional support framework effective implementation. This paper examines these policies to investigate the extent to which the exchange rate can boost non-oil exports especially agricultural, […]

MANAGING MONETARY POLICY IN AN ENVIRONMENT OF FISCAL POLICY DOMINANCE IN THE NIGERIAN ECONOMY

ABSTRACT  This study sets out to examine managing monetary policy in an environment chocked up with huge fiscal deficits and public debt, high inflation rate etc, (which gives rise to fiscal dominance), in Nigerian setting during the period 1980 to 2004. To accomplish this, statistical hypotheses were stated empirically. In chapter two, of the study, […]

THE IMPACT OF AGRICULTURAL OUTPUT ON THE ECONOMY OF NIGERIA

ABSTRACT A This study has attempted to measure the impact of agricultural output on economic growth. The study made use of secondary data from 1970-2004 sourced from various CBN publications and with the use of the ordinary least squares regression procedure, our estimates were determined. The empirical analysis carried out confirmed that agriculture has contributed positively to […]

EFFECT OF EXCHANGE RATE ON MANUFACTURING INDUSTRIES IN NIGERIA

CHAPETR ONE INTRODUCTION  1.1        Background of the study 1.2        Statement of problem 1.3        Objective of the study 1.4        Research Hypotheses 1.5        Significance of the study 1.6        Scope and limitation of the study 1.7       Definition of terms 1.8       Organization of the study CHAPETR TWO 2.0   LITERATURE REVIEW CHAPETR THREE 3.0        Research methodology 3.1    sources of data collection 3.3        Population of the study 3.4        Sampling and […]

ANALYSIS OF THE EFFECT OF EXCHANGE RATE ON MANUFACTURING INDUSTRIES IN NIGERIA (1985-2006)

TABLE OF CONTENTS Title Page Certification Dedication Acknowledgement Table of Contents Abstract CHAPTER ONE Introduction: Background of the study Statement of the problem  Objectives of the study Statement of hypothesis Method of study Scope and limitation of the study Organization of the study References CHAPTER TWO LITERATURE REVIEW Introduction 2.1     The concept of exchange rates […]

THE IMPACT OF GLOBALIZATION ON THE ECONOMIC GROWTH OF NIGERIA (1986-2008)

TABLE OF CONTENTS Title page Approval page Dedication Acknowledgement Abstract Table of contents CHAPTER ONE INTRODUCTION 1.1. Background of the study 1.2. Statement of the study 1.3. Objectives of the study 1.4. Statement of hypotheses 1.5. Significance of the study 1.6. Scope and limitations of the study CHAPTER TWO LITERATURE REVIEW. Theoretical Literature. 2.1. Globalization […]

THE IMPACT OF OIL AND NON-OIL EXPORTS ON THE ECONOMIC GROWTH OF NIGERIA (1983-2007)

LIST OF TABLE Unit Root Test for Stationarity ——————————————- Co-integration Result —————————————————— Modeling Log of Differenced GDP by OLS ————————– Modeling Log of Differenced INV by OLS ———————— Summary of t-statistic test for model 1 —————————— Summary of t-statistic test for model 2 —————————— TABLE OF CONTENT Title page —————————————————— Approval page ————————————————– Dedication ——————————————————— Acknowledgement […]

A STUDY ON THE ENROLMENT AND COMPLETION PATTERN OF FEMALE ADULT LEARNERS ATTENDING ADULT LITERACY PROGRAMME

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Literacy which involves the skills of teaching, writing, and learning, is the bedrock of any meaningful development of any country, Nigeria inclusive. No society can develop beyond its literacy level. The human capital resources of a country can function only within the ambit of their literacy level. Illiteracy […]

TRENDS IN EARNINGS QUALITY

Abstract Over the past decades, extensive research has been carried out in various countries regarding the signaling effect of dividend. Most of these studies were in support of the signaling hypothesis that corporate dividend payments play a vital role as an information transmission mechanism and can indicate the future prospect of the firm. It is […]

AN INVESTIGATION OF THE CONTRIBUTIONS OF MICROFINANCE BANKING INSTITUTION TO CAPITAL FORMATION IN NIGERIA (1992-2010)

CHAPTER ONE 1.0     INTRODUCTION 1.2     BACKGROUND OF THE STUDY Microfinance has emerged as an effective strategy for poverty reduction. Across developing countries (Nigeria for example) micro, small and medium enterprises are turning to microfinance institutions (MFIS) for an array of financial service-microfinance is acknowledged as one of the prime strategies to achieve the […]

The Role Of Commercial Banks To The Industrial Development Sector In Nigeria

ABSTRACT In recent decades, the potential contribution of agriculture to economic growth has been a subject of much controversy among development economists.  While some contend that agricultural development is a pre-condition for industrialization, others strongly disagree and argue for a different path. Taking advantage of Ordinary Least Square Method (OLD), the research carried out by means […]

IMPACT OF PUBLIC AGRICULTURE EXPENDITURE ON AGRICULTURAL OUTPUT AND ECONOMIC GROWTH: (1978-2007)

ABSTRACT The impact of public expenditure on agriculture in Nigeria is enormous. Government having recognized agriculture as the second highest sector after oil of which the country depends for food, employment and foreign exchange. This project work would summarize the magnitude and composition of governments’ expenditure on agricultural sector since 1960  The project also examines that […]

THE RELATIVE IMPACT OF OIL AND NON-OIL EXPORTS ON ECONOMIC GROWTH IN NIGERIA: 1983-2007

ABSTRACT The study is made up of two independent models, Gross Domestic Product (GDP) and Investment respectively. The independent variables Oil export, Non-oil export, Real exchange rate and Inflation rate were modeled to capture their effect on GDP and Investment respectively. The study employed Log Linear Model. Following the empirical findings in this study, we […]

ACCESSING THE EFFECTIVENESS OF THE 2016 BUDGET AS A ROAD MAP FOR CORRECTION, DIVERSIFICATION AND INDUSTRIALIZATION OF NIGERIA ECONOMY ASST

CHAPTER ONE INTRODUCTION 1.1 Introduction to Budget in Nigeria The heightened level of poverty in Nigeria has prepared the ground for people to extensively embark on the act of philosophizing on the roles budgeting play in the National economy, especially as a case of management tool for planning, controlling and decision making. It has become a […]

THE PROBLEMS AND EFFECT OF OLD AGE

ABSTRACT The study was designed to identify the problems and effects of old age in Udi Local Government Area of Enugu State.  The research questions guided the study. A total of six hundred and fifty aged male and female alike were used for the study. Questionnaire was used for data collection. The data collected were analysed […]

ECONOMETRIC ANALYSIS OF THE EFFECT OF CONSUMPTION OF BASIC FOOD ITEMS

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Food consumption has been a subject of research all over the world. It is especially meaningful in developing countries where food expenditures account for a relatively large share of household income. Studies of food consumption shed light on food-related nutritional policies. They provide estimates of how food consumption […]

EFFECT OF MONETARY POLICY ON THE PERFORMANCES OF COMMERCIAL BANK IN NIGERIA (1989 – 2008)

CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Monetary policy remain a critical tool in stimulating the growth and stability of financial Institution in most developing Economics. In Nigeria, the objectives usually include promoting monetary stability, strengthening the external sector performance and on generating a sound financial system that will support increased output  and employment. The […]

THE EFFECTIVENESS OF MONETARY POLICY AS A TOOL FOR CONTROLING INFLATION IN NIGERIA (1980-2004)

ABSTRACT This study is designed to empirically analyze the effectiveness of monetary policy as a tool for controlling inflation in Nigeria. To investigate on this, hypothesis were formulated as follows: Ho: Monetary policy measures adopted over the years have no significant impact in inflation control in Nigeria. Hi: monetary policy measures adopted over the years […]

PUBLIC INFRASTRUCTURE CAPACITY UTILIZATION ON MANUFACTURING GROWTH IN NIGERIA (2000-2010)

CHAPTER ONE      Introduction Statement of the problems Purpose of the study Significance of the study Research question Scope of the study Definition of terms CHAPTER TWO      Literature review CHAPTER THREE Research population Population of study Sample area Research instrument Administration of instrument Method of data analysis CHAPTER FOUR    Analysis and interpretation of result CHAPTER FIVE […]

TRANSPORTATION PROBLEM

ABSTRACT This research work took a cursory look at the problems of road transportation in Uhunmwonde Local Government Area of Edo State. During the period of this research work, questionnaires were administered to the drivers at the park. The data collected were analyzed using simple percentages study revealed that most people in Uhunmwonde Local Government […]

THE IMPACT OF PRIVATIZATION AND COMMERCIALIZATION ON NIGERIAN ECONOMY (1985-2010)

ABSTRACT The ultimate goal of any credible and legitimate government is to ensure sustained improvement in the standard of living of the citizenry. The government usually evolves development plans that will facilitate effective mobilization, optimal allocation and efficient management of national resources. Therefore, in trying to look into the effect of privatization and commercialization to […]

Assessment Of The Role Of Gender In Cooperative Development

ABSTRACT This study had the objective of assessing the role of gender in cooperative development, analyzing the socio-economic profile of the cooperators on the basis of  gender,  assessing  gender contributions  to  cooperative development in terms of membership, organizational and leadership  structures, examining technical efficiency and factors hindering the implementation of gender sensitive program and activities in Awka  North  Local Government Area  of Anambra State. […]

The Growth Of Nigerian Economy And Unemployment

CHAPTER ONE 1.1           THE BACKGROUND OF STUDY Unemployment has been one of the most persistent and un-manageable 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 […]

The Determinant Of Savings In Nigeria

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 Contributions Of Insurance Industry To Gross Domestic Product (GDP) In Nigeria

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 Contribution Of Bank Of Industry (BOI) To Industrial Development In Nigeria

CHAPTER ONE 1.0          INTRODUCTION 1.1          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 […]

Real Exchange Rate And Non Oil Export In Nigeria

CHAPTER ONE INTRODUCTION 1.1                                   BACKGROUND OF THE STUDY Since exportation has a special share in the economic growth of many advanced and developing countries; as far as making those countries as the strongest countries, the effective factors; in turn, could pave way for progress of countries, particularly the developing countries. Since increase or decrease in currency […]

Poverty And The Nigerian Economy

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 […]

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