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Developments In The Agricultural Sector During The Fourth Quarter Of 1987, Central Bank Of Nigeria Cbn
Developments In The Agricultural Sector During The Fourth Quarter Of 1987, Central Bank Of Nigeria Cbn
Economic and Financial Review
With the emergence of the dry season and harmattan in most parts of the country, very little farming activity took place during the fourth quarter of 1987. Rather, some northern states, namely, Bauchi, Niger and Sokoto reported serious drought with grasshopper infestations which damaged thousands of hectares of farm crops. However, a total of 124,788 metric tonnes of fertilizers were distributed to farmers across the country in preparation for the next farming season. This figure represents a decrease of 41.6 per cent over the level in the preceding quarter.
The Structural Adjustment Programme: The Journey So Far, A Ahmed
The Structural Adjustment Programme: The Journey So Far, A Ahmed
Economic and Financial Review
The SAP was introduced to achieve the following objectives: (i) To restructure and diversify the productive base of the economy in order to reduce dependence on the oil sector and imports; (ii) to achieve fiscal and balance of payments viability over the period; (iii) to lay the basis for sustainable non-innationary or minimal inOationary growth; (iv) to lessen the dominance of unproductive investment in the public sector, improve the sector's efficiency and intensify the growth potential of the private sector.
A Review Of The Structural Adjustment Programme, The Foreign Exchange Market And Trade Policies In Nigeria, S. E. Omoruyi
A Review Of The Structural Adjustment Programme, The Foreign Exchange Market And Trade Policies In Nigeria, S. E. Omoruyi
Economic and Financial Review
The purpose of the paper was to throw more light on the Structural Adjustment Programme currently under implementation in Nigeria through a detailed review and appraisal of its policy framework . This was considered to be desirable in view of recent public criticisms many of which appeared not to be well informed. In a more balanced approach, the paper reviewed the benefits and costs of the Programme. Among the benefits highlighted were the removal of the overvaluation of the naira exchange rate, the boost to agricultural exports, greater industrial capacity utilization and the improved international confidence in the Nigerian economy. …
Management Of The Nigerian Economy, E. A. Akatu, E. U. Olisadebe
Management Of The Nigerian Economy, E. A. Akatu, E. U. Olisadebe
Economic and Financial Review
The paper reviews the current economic policy framework against the background of the economic policy regime up to 1985 and observes that the past experience justifies the current experiment with private markets as the principal mechanism for allocating resources. The paper argues that the visible hand of the government does have a supportive role, a lbeit a different one from the past. The new approach is considered as having great potential although ultimate success is as yet beset by various uncertainties as may be expected from any experiment.
Developments In The Agricultural Sector During The Second Quarter Of 1987, Central Bank Of Nigeria Cbn
Developments In The Agricultural Sector During The Second Quarter Of 1987, Central Bank Of Nigeria Cbn
Economic and Financial Review
The widespread concern expressed about possible adverse effects of late arrival of rains abated slightly towards the end of the quarter. This was because in the south, middle belt and sudan savannah regions, the level of rain allowed early crops like maize, yam, groundnut and vegetables to be planted, nurtured and in some cases harvested. In the northern parts of the country, especially the sahelian zones, farmers experienced their first rains which facilitated land preparation activities as well as plan ting, especially in Kaduna, Bomo and Sokoto states. A total of 130, 952.35 tonnes of fertiliser were discharged at the …