Financial System in Nigeria: An Overview of Banking Sector Reforms The Financial System in Nigeria: An Overview of Banking Sector Reforms E. J. Ofanson (Ph.D)1 O. M. Aigbokhaevbolo (Ph.D)2 G. O. Enabulu3 Abstract The paper overviews the banking sector reforms within the framework of the Nigerian Financial System. A theoretical approach was adopted although empirical evidence was presented in some cases. It was clear that developments in the banking sub-sector of the Nigerian financial system have contributed
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IntroductionThe world of today has many different aspects towards the view of politics. Countries around the world all have diverse components‚ which makes that state in particular unique. The systems of the world are used to govern the state as its best of the ability according to the ideology and attitude of that particular state. Many states around the world are merging towards the democracy state and taking up many of its characteristics. The characteristics are not set for a specific one because
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Nigeria Correctional Systems 1 Nigeria Correctional System Chiquita Yusuff Axia College CJS/230 Nigeria Correction System 2 “Protect the society; reform the prisoner. If you cannot do the time‚ do not do the crime”. This is the motto used by the country of Nigeria‚ in regards to its correctional system. The slogan is an understatement when it comes to the actual
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educational System of Nigeria OVERVIEW Education in Nigeria is the shared responsibility of the federal‚ state and local governments. The Federal Ministry of Education plays a dominant role in regulating the education sector‚ engaging in policy formation and ensuring quality control. However‚ the federal government is more directly involved with tertiary education than it is with school education‚ which is largely the responsibility of state (secondary) and local (primary) governments. The education
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Does the presidential system of government provide a better model of governance for new and consolidating democracies than a parliamentary system? The parliamentary system of government provides a better model for governance for new and consolidating democracies than a presidential system. The parliamentary system provides for flexibility in government‚ preventing power to fall into incompetent hands. It also allows for deeper representation of eligible voters than the presidential system. The fusion
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Presidential vs. Parliamentary There are two main types of political systems‚ one being a presidential system and the other being a parliamentary system. Both of them have their own benefits as well as their own disadvantages. No political system can be perfect or can always have stability‚ but shown in history there are successful countries that use either one. Also there are countries that have failed with one of the two systems. Firstly there is the presidential system. There are many
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The semi-presidential system (referred to as Semi-presidentialism) is a system of government in which a president and a prime minister are both active participants in the day-to-day administration of the state. It differs from a parliamentary republic in that it has a popularly elected head of state who is more than a purely ceremonial figurehead‚ and from the presidential system in that the cabinet‚ although named by the president‚ is responsible to the legislature‚ which may force the cabinet to
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Presidential versus parliamentary systems ILONA MÁRIA SZILÁGYI Miklós Zrínyi National Defence University‚ Budapest‚ Hungary This article is a comparison of presidential and parliamentary systems. They are the two most popular types of democratic governments. They have common and dissimilar features. In both presidential and parliamentary systems the chief executive can be removed from office by the legislature but the way of it is different. Dissimilar feature is the election of the chief
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Prime Minister are greater than those imposed on a President. Therefore‚ a parliamentary system is more democratic than a presidential system”‚ makes a broad claim to which I agree. While Prime Ministers and Presidents are similar in some ways such as their responsibilities to do the best that they can for their nations‚ they also differ in many ways. These differences include separation of powers‚ the systems having different heads of state‚ and different election processes. Each of these examples
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processes and systems of fiscal accountability in Presidential and Parliamentary systems of Government. Student: Lyn Marie James Abstract There is diversity of forms of government (Laundy‚ 1989) and different ways of classifying them and as such‚ this paper sets out to discuss the budgetary powers of the legislature under different forms of government‚ and the environment that informed the political structures. The paper discusses the different forms of government systems that exist in
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