TAXATION AS A TOOL OF ECONOMIC DEVELOPMENT IN NIGERIA. 1.0INTRODUCTION 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 out i...
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 described as the only international industry tha...
INTRODUCTION 1.1 PREAMBLE Nigeria 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 Nig...
ABSTRACT I 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 what petr...
ABSTRACT Going 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 prospe...
INTRODUCTION 1.1GENERAL BACKGROUND OF UNEMPLOYMENT According to the advanced learner dictionary, Unemployment is defined as the amount of Labour unused. When a factor of production is not doing any job we say it is unemployed. In this project we are concentrating mainly on the Economic effect of unemployment in Nigeria Economy. In particular Emphasis on Labour which is the most important and active factor of production which simple means, that without Labour all other factors will not be put ...
ABSTRACT This research project is a very crucial study on the effects on tax evasion and avoidance on Nigeria economy. To solve the research problem, both primary and secondary data were collected. The research instrument used in collecting the data were questionnaires and oral interview. Other forms of data collection were also consultation of relevant texts. In the conclusion of this research work, we can see that the problems of tax administration cannot be over looked that the gover...
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 labour which is the mos...
INTRODUCTION The amount of the producer’s wealth is a guess depending on price, method, and level of out put and peace of production. Nigeria is an oil-producing nation, and oil occupies a very important position among the nations revenue sources. Its significance in the nations economy cannot be explained solely in terms of barrels produced and sold. Other important variables such as the dynamics of international energy markets the role of organization of petroleum exporting countries (OPE...
ABSTRACT Stock Market facilitates the buying and selling of securities, such as shares and bonds. They also perform two valuable functions, which is liquidity and pricing securities. A stockbroker is one whose job is to buy and sell stocks and shares. This project will probe into the objective and importance of stock market and the role of stockbrokers in terms of stock pricing. Questionnaires were used in collecting data for this research. The following findings were made: (1)Stockbr...
ABSTRACT This research is proposed to investigate taxation as a fiscal policy tool – on its use in solving economic problem such as inflation reduction, harmonization of policies on tax as it relates to government policies and conflict in objectives, inequality, multiple tax problem etc. This work is a critical look at the existing forms of taxes in the county. It also looked at the Nigeria tax system in terms of tax policy; tax laws and finally taxes administration. It talked about princ...
ABSTRACT In all the development countries in the word, it was through their good implementation of monetary policy control that their monetary control and supply of money was well manage and implemented very well. Basic on my own view I believed that the monetary authority in our country will do better to achieved the in goal is they do not mis-led the good involve they have started. I also believed from the little that has be done since they started 1962. They have be some improvement ...
ABSTRACT This research was prompted by the obvious dominant role of the oil sector in the Nigerian economy. The urge to know the extent to which this sector affects the economic life of the people, led therefore to the analysis of the impact of the oil industry on the Nigeria economy. The economic impact which was categorized into positive and Negative on the bases of their economic contribution was thus revealed by the result of the regression analysis. The study discovers therefore that t...
ABSTRACT This project is in partial fulfillment of my Ordinary National Diploma (OND) in Accountancy. The project topic “the impact of mergers and acquisition in Nigerian economy”, will help in bailing out an aching company from liquidation and bankruptcy in Nigerian business circle. For the purpose of quick understanding of the topic, the research work has been carefully organized in each chapter and it is hoped that the chapters and paragraphs would be studied in order of presentation....
ABSTRACT This impact of Task incentives of Economic and industrial development of Enugu state Intends to examine the extent individuals ad companies have been responding to the incentives scheme. How these incentive have been stimulating and motivating these bodies on employment opportunities. The researcher intends to examine also how these incentives have been helping existing industrials and companies in expanding their areas of operations in Enugu ad to know if the expected result of ...