The purpose of this paper is to explore the viability of waqf and zakah as social safety nets (SSNs) for poverty reduction in Nigeria. The increasing rates of poverty, unemployment, crime, trafficking in persons and ethno-religious conflicts provide justification for an ethical approach to economic development in Nigeria. In making a case for the two ultra-religious models, the qualitative research method was preferred relying on documentary sources. The information sourced from previous...
Introduction The concept of Internally Displaced Persons (IDPs) has gained popularity in Nigeria in recent times, due primarily to the Boko-Haram insurgency predominantly isolated to the Northern part of the country. Oladeji (2015) stated that armed conflicts, always leads to a massive incursion of refugees and Internally Displaced Persons (IDPs). These refugees and IDPs are always affected by the psychosocial consequences of crisis and war. Oladeji (2015) further stated that many vic...
ABSTRACT Fraud is an epidemic dimension that has eaten deep into the banking sector as well as the entire economy. Its devastating effect manifests itself in the deteriorating balance sheet of banks as well as in economic backwardness. As a result, measures to eradicate fraud in banking sector become a central focus of the government and the monetary authorities. It was against this backdrop that this study was aimed at providing empirical evidence on the effect of fraud on performance of ba...
ABSTRACT Accounting generally involves the process of identifying, measuring, and communicating economic information to permit informed judgements and decisions of users of the information. In other words, accounting is concerned with providing information, which will help decision makers to make decisions. To enhance creditability and utility of the information, the decision making process, established concepts, principles, standard and legal requirements are strictly followed in order to tr...
ABSTRACT The topic of this research is Analysis of the Impact of Effective Communication in Increasing Organizational Productivity. A case study of the Nigerian Breweries Plc, Amaeke, Ngwo, Enugu, Enugu State. The researcher used survey design for the study. The population of the study was eight hundred and ninety-nine (899) employee of the company, with sample size of one hundred and thirty-three (133). The researcher used both the primary and seco...
Developing countries face massive poverty, slow GDP growth, high mortality rates, and low levels of education. In the year 1999, 1.2 billion people lived on less than $1 (in PPP US$) a day, and another 2.8 billion people lived on less than $2 a day (World Bank, 2003). The majority of the people in the least developed countries cannot read or write. Over 854 million adults in this world are illiterate, and 543 million of them are women (Human Development Report, 2000). Similarly, many people i...
The history of deficit financing dated back to 1978 when the nation absorbed a $1billion Jumbo loan presumably needed for rehabilitation, reconstruction and development of the wartorn Nigerian economy. However, this was an aftermath of the Nigerian civil war that lasted till 1970. This action subsequently followed by massive borrowing by both federal and state governments and their institutions to revitalize the already doldrums economy. Nations, the world over had engaged in various strateg...
In Nigeria, budget deficit has been blamed for causing much economic crises, high inflation, poor investment performance and growth (Appah and Chigbu, 2013). One of the most important objectives of fiscal policy is to reduce national debt and to check the interest payment on such debt from rising so as to prevent high deficit in the future. However, Nigerian government budget deficit witnessed an increase in the past decades. For instance, from 1981, deficits increased from N3.9billion to N8....
TABLE ON CONTENT SECTION ONE Introduction SECTION TWO Literature Review: SECTION THREE Situational Analysis SECTION FOUR Summary and Conclusion
External reserves are variously called International Reserves, Foreign Reserve or Foreign Exchange Reserves. While there are several definitions of international reserves, the most widely accepted is the one proposed by the IMF in its Balance of Payments Manual, 5th edition. It defined international reserves as consisting of official public sector foreign assets that are readily available to, and controlled by the monetary authorities for direct financing of payment imbalances, and directly r...
ABSTRACTThe thrust of this study is to evaluate the impact of Microfinance banks credit on Kaduna Stateand to examine the impact of Microfinance on the beneficiaries. The data utilized cross sectionaldata obtained through questionnaires administered randomly to six (6) operators, one hundredand eighty (180) questionnaires beneficiaries of microfinance banks’ credit facilities and onehundred and eighty (180) questionnaires non- beneficiaries of microfinance bank credit facilitiesrespectively...
There is a dilemma between the current call for a private sector led economic growth process for a reduction in government participation in the Nigerian economy, and the call for government domination in the economy. Government expenditure represents an important policy instrument through which an enabling environment can be created for a greater private sector participation in the economy. However, against the background of deepening economic crises that began in the 1980s following the ...
ABSTRACT This research work on A Comparative Study of Expenditure Controls method in Government and private Hospitals is aimed at studying and analysing the different methods of expenditure control that is being adopted by these hospitals, their practical application and their level of effectiveness. It is aimed at carrying out a comparative analysis of two hospitals. To achieve the aim...
Abstract This Seminar presentation provokes a re-visit of the decision, by the Central Bank of Nigeria (CBN), to establish Non Interest (Islamic) Banking system in Nigeria, against the backdrop of the country’s status as a secular State. The renaissance of the proposal to introduce the Islamic banking system in Nigeria in recent time by the Central Bank of Nigeria (CBN) has generated so much controversy across the country. The policy legally permits operation of an Islamic or�...
It is key and expedient to quickly recall that, the Reveal Preference Hypothesis was given by Paul Samuelson which is a major breakthrough in the demand theory. In line with the breakthrough, it is often and highly celebrated because of its intended advantage in the derivation of the demand theory without the use of the indifference curve as in the case of the ordinal world.