ABSTRACT This research work sets out to find out the role of oil industry in economic development of Nigerian as it affect agriculture sector. In other to ascertain this role, the objectives of the Study was streamlined to anchor mainly on selecting a suitable measuring technique, analysis and interpretation of the role oil industry in economic development of the Nigeria Economy. We adopted the simple regression ordinary least square technique of data analysis using computer regression softw...
ABSTRACT The purpose of this study was to determine the impact of Agricultural sector on economic growth of Nigeria within the period of 1990-2008. (Nineteen years period). The study was a secondary data research in which I adopted multiple regression models as my tool of analysis. The OLS was the estimation technique. From the analysis, the following findings were made: Agricultural sector has a positive relationship with Economic growth as a unit increased in agricultural sector led to 0.9...
ABSTRACT This research work is on the empirical analysis of the determinants of exchange rate in Nigeria. (1983-2007). The main objectives of carrying out this research is to find out the profile that exists between inflation, consumer price index and exchange rate determinant in Nigeria. To do this successfully, two hypothesis was formulated thus: Ho: inflation has no significant impact on exchange rate in Nigeria. Ho: consumer price index has no significant impact on exchange rate det...
CHAPTER ONE 1.1BACKGROUND OF THE STUDY 1.2STATEMENT OF PROBLEMS 1.3RESEARACH QUESTIONS 1.4STATEMENT OF HYPOTHESIS 1.5OBJECTIVE OF THE STUDY 1.6SIGNIFICANCE OF THE STUDY CHAPTER TWO LITERATURE REVIEW 2.1THEORETICAL LITERATURE REVIEW 2.2EMPIRICAL LITERATURE REVIEW CHAPTER THREE RESEARCH DESIGN AND METHODOLOGY 3.1SOURCE OF DATA 3.2SPECIFICATION OF MODEL 3.3METHOD OF DATA ANALYSIS CHAPTER FOUR DATA PRESENTATION AND ANALYSIS 4.1INTRODUCTION 4.2DATA PRESENTATION 4.3DATA ANALYSIS 4.4TEST OF HYPO...
AbstractThis research study appraised the impact of the Banking Sector Reforms on the Real Sector of the Nigerian Economy for the period 1986 to 2009. Data on real sector output, credit to the real sectors, lending rate and interest rate on savings were obtained from the CBN Statistical Bulletin (2009 edition). The data were analysed using Ordinary Least Square (OLS) technique. The result of the analysis revealed that financial sector reforms were effective in addressing the twin problems of ...
ABSTRACTThis research work examined the impact of commercial Bank credit on Agricultural output in Nigeria using Macroeconomic variables (commercial bank credit and agricultural output). The broad objective of the study is to investigate the extent to which commercial bank credit had supported agricultural output Nigeria. The specific objectives are: (i) to determine the impact of commercial banks credit on agricultural output in Nigeria, and (i) to determine the impact of agricultural output...
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. Follo...
ABSTRACT Banking is in the midst of change that has arisen due to economic depression. As government seek to improve economic efficiency and better allocation of resources to solve the problem of economic depression, policy makers are shifting towards openness, competitiveness and market discipline. In response to the developments, Deposit Money Banks in Nigeria engaged in financial sanitizing, management strengthening, corporate refocusing, Business Process Reengineering (BPR), mergers and...
ABSTRACT The study is on taxation as a major source of government funding in Nigeria. The choice of this research work is necessitated by the pivotal role taxation plays in generating revenue to government for the provision of social amenities and wealth creation among her citizenry. The study used primary and secondary data. Primary data was collected through interviews and administration of questionnaires among tax officials in Cross Rivers State and Lagos State. A sample size o...
ABSTRACT The main objective of the study is on the macroeconomic effect of inflation on the growth of Nigerian economy. The study however investigates the economic growth vis-à-vis inflation, Broad Money Supply and Interest Rate. Ordinary Least Square [OLS] is used to estimate the three major macroeconomic variables with a view to justifying their effects on economic growth. The results of the findings further suggest that there is significant relationship between inflation and economic ...
ABSTRACT The main objective of the study is on the assessment of the impact of industrialization on economic growth of Nigeria. The study however investigates the economic growth vis-à-vis industrial output, investment and inflation. Ordinary Least Square (OLS) is used to estimate the three major macroeconomic variables with a view to justifying their effects on electricity generation in Nigeria. The result of the findings further indicates that there is significant relationship between�...
ABSTRACT The main objective of the study is on the impact of globalization on industrialization and the development of Nigerian economy. The study however investigates the economic growth vis-a-vis foreign direct investment, degree of openness and stock market capitalization. Ordinary Least Square (OLS) is used to estimate the three major macroeconomic variables with a view to justifying their effects on economic growth. The results of the findings further suggest that there is significant...
ABSTRACT The study investigates the impact of Foreign Direct Investment on economic growth in Nigeria. The study however investigates the level of real Gross Domestic Product vis-à-vis foreign direct investment, capital flow and exchange rate. Ordinary Least Square [OLS] is used to estimate three major macroeconomic variables in order to justify their effects on economic growth. The results of the findings further suggest that foreign direct investment has a significant impact on the lev...
ABSTRACT The study investigates public debt, unemployment and economic growth in Nigeria The study however investigates the level of real Gross Domestic Product vis-à-vis external debt, internal debt, unemployment and fiscal deficit. Ordinary Least Square (OLS) is used to estimate four major macroeconomic variables in order to justify their effects on economic growth. The results of the findings further suggest that external debt has a significant impact on the level of economic growth in...
ABSTRACT The study investigates the effect of external debt on economic growth in Nigeria. The study however investigates the level of real Gross Domestic Product vis-à-vis external debt, external reserve, debt service and government expenditure. Ordinary Least Square [OLS] is used to estimate four major macroeconomic variables in order to justify their effects on economic growth. The results of the findings further suggest that external debt has a significant impact on the level of econ...