CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY One of the basic needs of the people of any nation is good health. This incorporates physical fitness, adequate nutrition and food security, high life expectancy, absence of epidemic and endemic disease and efficient healthcare service delivery. Mfon (2005:21) expresses that a nation with an effective … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Nigeria as a developing nation is in dire need of a vibrant economy anchored on productivity, which is in turn anchored on liberal loan management and administration of Nigerian banks. According to Moha (2006:110), for any developing country to escape the vicious circle of poverty, there has … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Starting from Adam Smith’s discussion on specialization and the extant of the market by international trade, to the debates about import substitution versus exported growth (growth based on exporting more goods and services), to recent work on increasing returns and endogenous growth models, there are increasing … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The Nigerian Economy is faced with several factors which could impede the speed of having a huge return on the resources employed by the firms and companies. As a result, however, proper initiative and capital (resource) management is required. It is worthy to note that out of … Read more
CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY The Nigerian government like other countries of the world has legislative powers to impose on its citizens, any form of tax and at whatever rate it deems appropriate. Nigeria has a mixed economy i.e, government undertakes commercial investments alongside the private sector. Economists generally agree that there is … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study From the middle of twentieth century onwards, crude oil has become one of the main indicators of economic activity worldwide, due to its outstanding importance in the supply of the world’s energy demands. Nigeria as one of the major suppliers of crude oil in the international market … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Historically, Nigeria is largely an agrarian society; non-oil export (Agriculture) was the mainstay of the economy during the pre-colonial and colonial periods. Despite lack of modern farm implements which undermined the potential for large scale production, the sector was encouraging. Nigeria emerged in her first decade of her … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY One of the greatest challenges facing nations is how to achieve sustainable economic growth and development and formal articulation of how money affects economic growth dates back to the time of Adams Smith and later championed by the monetary economists (Adefeso and Mobolaji, 2010:13). This is … Read more
ABSTRACT This study examines the impact of microfinance activities on rural economic growth in Nigeria for the period: 2000-2015; the introduction of microfinance banks is the inability of commercial banks to provide sufficient credit, savings and other financial services to the poor and so have taken up the challenges of the gap created by them; … Read more
CHAPTER ONE INTRODUCTION ANALYSIS 1.1 GENERAL INTRODUCTION Internal control is the set of accounting and administrative control and practices that helps managers in operating their organization more effectively and efficiently. It ensures that both the accounting and administrative activities are in order with the laid down procedures, standards, and statutory requirements. It also detects … Read more