In the early days of civilization, biblical and pre biblical days, taxes were collected to maintain the kingsqueens, provide security and fight wars. It could be a direct surcharge on the citizens of the kingdom or empire or tributes paid by ‘conquerors’ to show their unflinching loyalty to mastersconquerors. These forms of taxes did not necessarily depend on richness or the ability to pay concept. There was of course no record of ac...
The paper was an examination of good governance at the local government level in Nigeria. The research methodology was essentially exploratory and therefore, depended on secondary data for the examination of issues of local government administration and good governance. The interest in good governance at this level of government arose out of the continued hue and cry of poor performance of the third tier of government which has attracted many conferences, workshops and dialogues about the...
The burgeoning interest on the importance of stock market inmodern economies has reinforced the growing notion that finance is paramountto economic growth and in particular the rising debate on the fledgling state ofWest African stock markets coupled with the implications for the sub-region’semerging economies which are worrisome. Hence, the paper examines the longrun and causal relationship between stock market development and WestAfrican emerging economies in a comparative context of Ghan...
Abstract Despite the rising volume of remittances flowing to developing countries, their distributional effect on the recipient countries has been largely unexplored. We examine this topic using data from World Bank. Despitethe positive effects of emigrants remittances in terms of developing microfinance Institutions and welfare improvement of the recipient households, its negative effects ranges from appreciation of the national currency,hampering competitiveness, monetary management ...
The Benefits and Challenges of International Financial Reporting Standards (IFRS) Adoption by Listed Companies (A Case Study of Nigeria Breweries Plc, Ibadan). ABSTRACT The purpose of this study is to bring out issue and concepts of international financial reporting standard (IFRS) in general, its relationship to corporate business with specific reference to Nigeria Brewery Pic, Ibadan. The Objective of the study is to present the benefit of IFRS adoption and the problem of the study is the ...
This article provides vast knowledge on the impact of independence of statutory auditors and reliability of financial statements in Nigerian listed companies. ABSTRACT In this study, the impact of the independence of statutory auditors on the reliability of financial statements in Nigerian listed companies was critically evaluated and analyzed. The major problem identified was is the need to safeguard auditors’ independence in order to gain stakeholders’ trust and confidence to utilize th...
ABSTRACT This study examines the impact of taxation on small and medium scale enterprises in Ekiti State.. The research reviewed at some literature that has some degree of relevance to the subject matter under study. The study shall adopt the non-probability sampling technique and data collection was carried out using the questionnaire method consisting of one hundred (100) respondents drawn from the study population. Frequency counts and percentages were used for ana...
ABSTRACT This study examines the impact of micro finance bank on the development of small scale enterprise (SMEs) in Ekiti State. The research reviewed at some literature that has some degree of relevance to the subject matter under study. The study shall adopt the stratified random sampling technique and data collection was done through the questionnaire method consisting of one hundred and ten (110) respondents drawn from the study population. Frequency counts and p...
ABSTRACT The study examined Poverty and Youth Unemployment in Ekiti State, which is crucial to the development of the Ekiti State. The broad objective of the study is to investigate the effects of youth unemployment and poverty, the causes of youth unemployment and poverty, and also to analyze the possible resolution in reducing poverty and youth unemployment in Ekiti State. Primary data was employed, and also, administering of questionnaire to elicit information on the s...
ABSTRACT This study examined “The impact of revenue and cost relationship of tax collection in Nigeria” a case study of Ekiti State Government. Tax is not a friend of anyone, yet it must be loved by everyone, this ageless paradox has originated from time immemorial. The pathetic attitudes of human beings towards payment of tax remain progressively the same from one century to the other, from one generation to the other. Taxes being the most important source of government revenue. ...
Abstract The importance of globalisation in the development of the global economy has gained significant backing over the years, as long-run global projections are sustained. Without doubt, it is strappingly believed that, there is more to gain about several striking issues that are essential in the current trend towards globalisation. Consequently, this study seeks to ascertain the bi-directional relationship (if any), between globalisation and industrial production in the context of Niger...
Abstract Change is inevitable in a progressive society – Benjamin Disraeli. The world continues to undergo certain changes in order to meet up with man’s requirements. Revolutionary changes are been witnessed across various aspects of human endeavours. These changes have transformed the world into a better place and made living more comfortable. Some nations of the world champion the course of these transformational changes termed ‘Industrial Revolution’ earlier than others resulting...
ABSTRACT This study examined Fiscal Deficit Financing and Economic Development using empirical evidence from Nigeria from 2005-2014. Methodologically, the study adopted a quantitative research; employing time-series data (on Human Development Index which was used as a proxy for Economic Development and on Budget Deficit, External debt, Domestic Debt which were proxies for Fiscal Deficit Financing and on Interest Rate which was used as a control variable) sourced from the CBN Statistical Bulle...
ABSTRACT This study examines the effect of overpopulation on standard in Nigeria. Thus, Malthusian theory of population is relevant to Nigeria as a developing economy but this theory is not used in this research due to lack of empirical and scientific evidence. The study used trend analysis of the study with the scope spanning between 1985 and 2014. The study adopted ordinary least square method of analysis in examining the time series properties using the Augmented Dickey-Fuller unit ro...
The issue of unemployment is at the front burner of policy discussions in both developed and developing countries today. This is because, when left unchecked, the scourge of unemployment has the capacity to destabilize the most peaceful of societies and crash the most buoyant of economies. The study assessed the contribution of the National Directorate of Employment (NDE) to unemployment reduction in Ekiti State between 2011 and 2015. The NDE was created in 1986 to combat mass unemployment in...