THE IMPACT OF AGRICULTURAL DEVELOPMENT ON ECONOMIC GROWTH OF NIGERIA Articles on this site are extracts from literature review of research projects‚ Get the full Project THEORETICAL LITERATURES The term “Agriculture” has been subjected to different definitions by various experts. As a result Ighodo (1984: 20) defined agriculture as the art and science of the cultivation of crops and rearing of animals for man’s use. He also emphasized that agriculture is also the production of fibres for industries
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Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production and consumption patterns‚ diversifying the economic base and reducing dependence
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Interests in the study of economic growth and development have been on the increase especially since the middle of the present century. Economic growth results in the expansion of a country’s production possibility curve such that the potential output of the country is increased beyond the previous levels. Thus growth is often defined in terms of a sustained increase in the real per capita income of a country. Simon Kuznets in (Todaro‚ 1885)‚ defined a country’s economic growth as “a long term rise in
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iiste.org The Role of Capital Market on Economic Growth in Nigeria (19802008) Usman Owolabi Akeem‚ Phd Faculty of ManagementScience‚PMB4000‚ LAUTECH‚Ogbomoso‚Nigeria e-mail-labisky@yahoo.com‚ Tel:+2348036675099 Abstract The capital markets play important roles in the economy growth of the market. A well functioning market insures that both corporation and investors get or receive fair prices for their securities. It examine the impact of capital market on the Nigeria economy and also
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capabilities demanded‚ are acquired. It is to a nation‚ what the mind is to the body‚ just as a deceased mind is handicapped in the co-ordination and direction of the bodily activities setbacks in the education system would act as a hindrance to economic development. Thus‚ the single most significant complex of social-control tools for national development is found in the educational system; be it formal or informal. (Uwadia ‚ 2010). It is also accepted that the development of any nation depends
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ONE INTROUDCTION 1.1 BACKGROUND OF STUDY The current period in the world economy is regarded as period of globalization and trade liberalization. In this period‚ one the crucial issues in development and international economics is to know whether trade openness indeed promotes growth. With globalization‚ two major trends are noticeable: first is the emergence of multinational firms with strong presence in different‚ strategically located markets; and secondly‚ convergence of consumer tastes for the
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Since 1974 the Bank has committed $1.2 billion for Agricultural Development Projects (ADPs) to increase farm production and welfare among smallholders in Nigeria. OED reviewed five ADPs and a supporting Agricultural Technical Assistance Project (ATAP)‚ all implemented between 1979 and 1990. Only two of the six projects had satisfactory outcomes. In general‚ rainfed agricultural production was far below projections. Macroeconomic conditions‚ some national policies‚ and particular design and implementation
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Agricultural Economics of Nigeria: Paradoxes and Crossroads of Multimodal Nature Professor Eric C. Eboh Professor of Agricultural Economics University of Nigeria CONTENTS 1.0 ACKNOWLEDGEMENT 2 2.0 CONCEPTUAL APPROACH OF THIS INAUGURAL LECTURE 6 REFLECTIONS ON THE STRATEGIC ROLE OF AGRICULTURAL ECONOMY 8 3.0 4.0 5.0 AGRICULTURE FROM THE LOOKING GLASS OF MAN’S ECONOMIC HISTORY 16 AGRICULTURAL ECONOMY FROM PARADIGMATIC VIEWPOINTS ABOUT THE STATE VIS-A-VIS MARKET 21 6.0 NIGERIAN AGRICULTURE
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THE IMPACT OF MONEY SUPPLY ON THE ECONOMIC GROWTH OF NIGERIA CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In the critical observation of the recent Nigerian economic position‚ there has been a great divergence between the rate at which money is supplied and the exact impact it has on the general price level‚ which results in inflation and deflation on one hand‚ and the output growth (productivity) on the other hand. Although‚ it had occurred to our mind that Nigerian
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The Role of Agriculture in Indonesia Economic Development Indonesia can be categorized as an agrarian nation‚ where the role of agriculture in Indonesia economy really significant. Agriculture sector in Indonesia has a role in: (a) providing job opportunity for the majority of labor force‚ (b) producing foods for the nation‚ (c) raw material producer for industrial sector‚ and (d) strengthening food security and rural development. The role of agriculture becomes more important when Indonesia
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