CHAPTER ONE INTRODUCTION 1.1 Background of Study The petroleum industry in Nigeria is the largest industry and main generator of GDP in Africa’s most populous nation. Since the British discovered oil in the Niger Delta in the late 1950s‚ the oil industry has been married by political and economic strife due to a long history of corrupt military regimes and the complicity of multinational corporations‚ notably Royal Dutch Shell. However it was not until the early 1990s‚ after the Nigerian
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What’s the historical development of guidance and counselling in Nigeria? African nations are in a hurry to educate citizens in order to modernize and enhance their social‚ economic and political development. The concept of guidance and counseling‚ although relatively new in Africa has been embraced by most developing nations with enormous enthusiasm. This is because counseling is being regarded by most nations as an educational service through which efficient manpower for development can be attained
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novodboard.org Dr. M.S.PUNIA EXECUTIVE DIRECTOR National Oilseeds & Vegetable Oils Development Board‚ (Ministry of Agriculture‚ Govt of India)‚ FOREWORD India stands at sixth place in the world in energy need and overall demand of crude oil which is expected to rise annually by 5.6% upto 2011. The scenario of rising prices in the world oil market and respective foreign exchange cost are the main risk factors for Indian economy and social development prospects. Moreover‚ increased consumption and high
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INTRODUCTION Crime and punishment are two concepts that are vital to the harmony and peaceful co-existence of a state. The goal of every society is that every inhabitant should pursue his interest and aspirations without fear or hindrance from another co-inhabitant. In securing this‚ every community of man has always put in place rules and norms that regulate the interaction of the inhabitants. Certain conducts in the society that threatens the societal goals are collectively frowned at. Such
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The ethics of a company can be measured by different theories. Some of these theories can be used to measure Shell Petroleum Development Company of Nigeria (Shell Nigeria). The first ethical measure discussed is utilitarian reasoning‚ also referred to as cost-benefit analysis‚ which compares the costs and benefits of a decision. Secondly for the human rights theory‚ were the rights of the stakeholders respected? Third‚ the ethical theory of justice is measured by whether the benefits and costs
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Introduction 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
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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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Nigeria: The Unstable Democracy 1999 marked Nigeria’s return to democratic rule. However Nigeria is not a stable democracy. Nigerians are still waiting to see the aspects of a democracy that many stable democracies see today; social welfare programs‚ justice‚ and equal access to resources and power. Corruption in the government‚ lack of human rights‚ increased civil discord‚ and the absence of electoral reform keep Nigeria from becoming a stable democratic country. The oil boom in the late 1970s
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ESSAY ON THE ROLE OF BUSINESS IN THE DEVELOPMENT OF THE SOCIETY INRRODUCTION. There is no doubt that a government plays an important part in developing one country. Some people hold a position that a government should not only build roads‚ control the national military‚ and provide water for its citizens but also provide all other services. However‚ others stand a very different ground.One of the most important things that we‚ as thinking beings‚ can ask ourselves is "What is the role of government
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Home ALLOCATION OF REVENUE (FEDERATION ACCOUNT‚ ETC.) ACT ARRANGEMENT OF SECTIONS SECTION 1. Distribution of the Federation Accounts‚ etc. 1 Formula for distribution between the Federal and State Governments. 1 Formula for distribution between Local Government Councils. 1 Proportion of revenue to be paid by each State to Joint Local Government Account. 1 Allocations under special Funds. 1 Establishment of Federation Account Allocation Committee and functions. 1 Establishment of Joint
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