Global Business and Economics Research Journal ISSN: 2302-4593 Vol. 2 (5): 102 - 115 The impact of petroleum on economic growth in Nigeria Michael Baghebo Niger Delta University‚ Bayelsa State‚ Nigeria baghebomichael@yahoo.com Timothy Okule Atima Niger Delta University‚ Bayelsa State‚ Nigeria Abstract The study examines the impact of petroleum on economic growth of the Nigerian economy. Data covering the period 1980-2011 was collected from the Central Bank of Nigeria Statistical Bulletin
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therefore not be expected to be the chief security officers of their kingdoms. They are not paid security agents of the state‚ and should therefore not be expected to play the role of moles‚ which was never part of the duties of traditional rulers. There is however merit in the proposal that kidnapping should attract capital punishment. Four‚ in the social contract theory that created the notion of sovereign (monarch or constituted national authority)‚ a key argument is that prior to the creation
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If you’ve ever laced your fingers together‚ turned your palms away from you and bent your fingers back‚ you know what knuckle popping sounds like. Joints produce that CRACK when bubbles burst in the fluid surrounding the joint. Joints are the meeting points of two separate bones‚ held together and in place by connective tissues and ligaments. All of the joints in our bodies are surrounded by synovial fluid‚ a thick‚ clear liquid. When you stretch or bend your finger to pop the knuckle‚ you’re causing
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| * * * * * * * * THE ROLE OF GOVERNANCE IN LOCAL DEVELOPMENT * * * * * * * * * * * Instructor - Kidanemariam Menghistu Sebhat * 25th March 2013. THE ROLE OF GOVERNANCE IN LOCAL DEVELOPMENT Introduction: Since the end of the 1980s the issue of good governance has dominated the international discussion about development and international assistance to developing countries. It has been argued
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of rapid and far-reaching change for many women but life for women in some parts of the world still remains harsh. Even where females have experienced great advances like those in Canada‚ there are still some similarities between their economic role today and the role of women in the 1900s. During the 19th and 20th century‚ attempts were made to define and extend human rights but most of these struggles ignored or denied the rights of more than half the human race women. It was unsurprising that
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EXAMINATION OF THE TIV/JUKUN CONFLICT OF NORTH CENTRAL NIGERIA ON DEVELOPMENTmore by UKERTOR MOTI Share AN EXAMINATION OF THE EFFECT OF THE TIV.doc 345 KB Hide Sidebar level‚ but also not paying enough attention to the micro-level effects of development and conflictin society (Barbanti‚ 2004).In discussing development in conflict‚ some questions arise: What about situations where peacekeeping fails and conflict continues? How can development take place in chaos‚ wherethere is intractable conflict
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Discuss the role of financial markets in a modern market economy. Explain the role and function of the share market and its effect on the economy. The financial market is the most influential sector in a modern market economy. The financial markets provide products to consumers and financial intermediaries allow for the mobilization of money between savers and borrowers. The share market is the financial market in which investors buy and sells shares. The share market’s main function in the
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classical theory of money. It is important both because the topics covered are central to an understanding of the economy and because many of the concepts introduced are used elsewhere in the book. The chapter has three main goals: 1. To explain the economic meaning of “money” and to introduce money supply and money demand. 2. To examine the effects of monetary policy when prices are flexible. 3. To discuss the costs of inflation. Comments This chapter can probably be covered in two lectures‚ although
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Science Determinants of Foreign Direct Investment in Nigeria: An Empirical Analysis Obida Gobna Wafureα Abu‚ NurudeenΩ Abstract: The role of foreign direct investment in the development of Nigerian economy cannot be over emphasized. Foreign direct investment provides capital for investment‚ it enhances job creation and managerial skills‚ and possibly technology transfer. This paper investigates the determinants of foreign direct investment in Nigeria. The error correction technique was employed to analyze
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money‚ societies use a “barter” system in which goods are exchanged for goods. 1. Barter economies require a “Double Coincidence of Demand” in that the two market participants must each be supplying what the other demands. 2. Barter also implies negotiations over the exchange (a cost modern economies often avoid)‚ which have the economic cost of the time spent for each purchase an individual makes. C. In a more Modern System‚ paper currency is the means of exchange. Society’s acceptance of it
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