The broad objectives or aims of this research work are simply to know the meaning and contributions of multi-party system in Nigeria political development. And these specific objectives are as follows: 1. To find out the relationship between multi-party system and political development in Nigeria. 2. To access the political implication of multi-party system in Nigeria. 3. To access whether the existence of multi-party system ensures democratic consolidation in Nigeria. Background of t...
The broad objective of this research work is to assess “the Nigerian Federalism and local government autonomy specifically Ofu local government area of Kogi state. Specifically however, the study attempts to: To ascertain if federalism guarantees local government autonomy. To investigate if Nigeria local government system (Ofu local government) is fully autonomous. To explain if full autonomy is given to Nigeria local government system (Ofu local government) will enhance its service deli...
This study analyzes military rule and the political transition to democracy in Nigeria. It enquires into how military intervenes in the Nigerian politics in the recent time. The study also examines how corruption induces military intervention in Nigerian politics due to the embezzlement of public funds by our political leaders as well as mismanagement of government properties. This study looks at the major challenges in Nigeria‟s transition to democratic rule so as to establish the gap in t...
One of the major impediments to development in Nigeria is labour unrest. This is given the fact that no Nation can develop without human resource because they constitute and play very significant role in Nation building and development. The Nigerian case has been so pervasive that labour unrest extends to every situation when the Government takes major public policy decision that seems to affect the labour union and generally the masses without due consultation of labour statement; especially...
This paper seeks to examine the impact of the Nigerian capital market on its economic growth from the period of 1990-2010. This means that the performance of the stock market is an impetus for economic growth and development. The economic growth was proxied by Gross Domestic Product (GDP) while the capital market variables considered include; Market Capitalization (MCAP), Total New Issues (TNI), Value of Transactions (VLT), and Total Listed Equities and Government Stocks (LEGS). Applying Joha...
The capital market in Nigeria had been influenced by various factors which are associated with the level of development of the Nigerian economy The paper discusses the development of the capital market with emphasis on the period since deregulation in 1986. The institutions that are crucial for the delivery of financial services in the market were analysed with focus on their evolution, performance and prospects. The. market in Nigeria was compared with other emerging markets with the concl...
This research work was embarked upon with a view to determine the contribution of the capital market on the economic development in Nigeria. The capital market was set up to achieve specific objectives which would boost the economy such as encourage domestic savings and increasing the quantity and quality of investments. The capital market offers access to a variety of financial instruments which are very essential for government and other institutions in need of long term funds. The data was...
The socio-political and economic world, as it exists and functions today, is increasingly shrinking and interconnecting itself into a globalized village; a veritable system or structure where all parts are assigned specific roles and functions to play. It is increasingly and absurdly metamorphosing into a major theater, where the actors are assigned, again, specific roles to play. The multiplier effects of this symbiosis are enormous as some had profited from this relationship, whilst other...
Road Transportation was viewed by the researcher as a sine qua non in the economy whether developed or developing. Road transportation is seen as the engine of an economy. It links producers, suppliers, consumers and commuters. But poor, ineffective and inefficient road transportation system have crippled development and the collapse of many economic and social activities which have resulted in dissatisfaction among the customers in the industry. This is characterized by poor management that ...
This study investigates the effects of ATM on the performance of Nigerian banks. Available studies have concentrated on the significant dimensions of ATM (automated teller machine) service quality and its effect on customer satisfaction with a bias against ATM producers. The study is motivated by the astronomical challenges confronting the proliferation of ATM infrastructure and attendant financial losss to banks which are often under-reported. Also, there are serious debate on the relevance ...
Professionalism in banking is violated when ethical or legal fundamentals are breached or blatantly disregarded. Ethics is a strong code of morality, which for an occupation such as banking, plays an important role in the well being of individuals, businesses, national and international economies. Unethical conduct manifests itself in various ways, including insider abuse, fraudulent dealings; irregularity/inaccuracy in rendition of reports, these are problems bordering on business ethics as ...
The influence of colonialism on Nigeria cannot be over emphasized. The influx of white explorers, traders and missionaries led to the development of settlements that differed from the traditional domestic environment. These new settlements were designed to reflect the norms, values and economic policies of the colonial masters.Africa, the land of blessed race, where the opportunists came to develop in order to colonize their resources for their good, was then left in vain hope(Allen, 2011). ...
This paper presents empirical findings on the impact of the industrial sector on the performance of firms in a culturally diverse nation like Nigeria. The main objective of the study is to determine the overall effect of the industry in which a firm operates in a multicultural economy on its performance. The study opines that the cultural diversity of the Nigerian citizenry could determine to an extent the performance of a given firm in an industry and how the national economic policies affec...
ABSTRACT Generally, policies and strategies of Nigerian government towards foreign direct investments are shaped by two principal objectives of desire for economic independence and the demand for economic development. Multi national corporations are expected to bring into Nigeria, foreign capital in the form of technical skills, entrepreneurship, technology and investment fund to boost economic activities thereby, rising the standard of living of Nigerian. The main issues in this paper rel...
Abstract: Given the hazardous nature of the construction industry world over, the need for an effective safety management system which aims at forestalling the risks and hazards inherent on site has been reiterated by recent studies and applicable laws. Studies however show that level of effectiveness differs from country to country; industry to industry and from company to company. This study therefore undertakes both qualitative and quantitative investigation into the safety management sy...