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Articles 331 - 360 of 429

Full-Text Articles in Economics

The Significance Of The Oso Condensate Project In The Nigerian Economy, I. P. Ojinnaka Dec 1995

The Significance Of The Oso Condensate Project In The Nigerian Economy, I. P. Ojinnaka

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This paper outlines the historical background and financing of the Oso condensate project, examines the benefits of the project in terms of revenue expectation, infrastructure development, employment and investment opportunities, benefit to the communities and owners of the project, as well as underline the potential constraints. For the ease of presentation, the paper is organised into sections and an introduction. Section I describes the features of the project while section II analyses the benefits. Section III outlines the potential constraints and section IV is summary and conclusion.

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The Medium-Term Prospects For The Management Of Nigeria's External Debt., Paul A. Ogwuma Dec 1995

The Medium-Term Prospects For The Management Of Nigeria's External Debt., Paul A. Ogwuma

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The paper highlighted the antecedents to Nigeria's current debt problem and the efforts made so far to address it. It also assess the debt situation in the medium-term in the light of current economic development, including the prospects for its effective management and the policy implications.

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Managing Self-Help Groups (Shgs) Linkage Programme For Effective Savings Mobilisation And Credit Delivery., Ernest E. Eyo Dec 1995

Managing Self-Help Groups (Shgs) Linkage Programme For Effective Savings Mobilisation And Credit Delivery., Ernest E. Eyo

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The article is an address by Eyo Ernest on the operations and problems of the Self-Help Groups (SHGs) Linkage Programme for Effective Savings Mobilisation and Credit Delivery*to date with a view to providing a basis for deliberation during the workshop and the role of banks ln the implementation of the Programme.

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Financing Farmers' Cooperative Societies Under The Agricultural Credit Guarantee Scheme Fund (Acgsf): The Self-Help Groups (Shgs) Linkage Option., O. E. I. Ucheagwu Dec 1995

Financing Farmers' Cooperative Societies Under The Agricultural Credit Guarantee Scheme Fund (Acgsf): The Self-Help Groups (Shgs) Linkage Option., O. E. I. Ucheagwu

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This paper examine the performance of Cooperative Societies in credit utilisation under the Agricultural Credit Guarantee Scheme (ACGSF) for ease of presentation, the paper is divided into five parts. Part Ideals with the establishment of Agricultural Credit Guarantee Scheme (ACGS). Part II focuses on the performance of Cooperative Societies under ACGS. Part III discusses the concept of Self-Help Groups (SHGs) Linkage Programme as an improved model in rural credit Administration. Part IV examines the problems and prospects of SGHs as viable channels of credit; while Part V contains some recommendations and conclusion.

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Agribusiness, The Environment And Sustainable Economic Growth In Nigeria., G. E. Ukpong Dr,, G. O. Evbuomwan, E. U. Ukeke, F. O. Afemo Dec 1995

Agribusiness, The Environment And Sustainable Economic Growth In Nigeria., G. E. Ukpong Dr,, G. O. Evbuomwan, E. U. Ukeke, F. O. Afemo

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The paper reviewed the performance of agribusiness in Nigeria in recent years and some major environmental problems which affected it, with a view to making some suggestions capable of fostering sustainable environment and growth of agribusiness in the interest of all economic agents.

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The Structure Of Nigeria's External Trade: A Focus On Exports, Hammed A. Abebefe Dec 1995

The Structure Of Nigeria's External Trade: A Focus On Exports, Hammed A. Abebefe

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This paper examines the factors constraining the growth of non-oil exports with a view to suggesting solution to redress the situation. In order to execute the task effectively, the rest of the paper is divided into four parts. Part two provides the macroeconomic background to export trade in Nigeria and reviews external trade policies that have been put in place by government. In part three, the issues involved in export promotion, financing and marketing are highlighted, simultaneously an x-ray of the institutional structure on which the sector relies. In part four, the authors analyse the impact of policies on the …

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Structural Adjustment And Credit Delivery To Smes In Developing Countries., Ubadigbo Okonkwo Sep 1995

Structural Adjustment And Credit Delivery To Smes In Developing Countries., Ubadigbo Okonkwo

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In this paper, an attempt was made to analyse the impact of SAP and related financial reform on SMEs. The experience of East Asian economies has shown that Governments can intervene successfully in financial markets by creating financial institutions and directing credit in ways that promote both economic stability and growth. Other developing countries can draw useful lessons from the East Asia experience.

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Equipment Leasing In Nigeria: Trends And Prospects., E. N. Egbuna Sep 1995

Equipment Leasing In Nigeria: Trends And Prospects., E. N. Egbuna

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This paper seeks to appraise the development of equipment leasing in Nigeria. To this end, the paper is divided into four sections. Section 1 discusses the evolution and historical background to equipment leasing as well as its trend in Nigeria. Section 2 states the types of leases and the structure of assets leased in Nigeria. Sections 3 examines the advantages and disadvantages of leasing in general, and the major constrains to the development of this industry in Nigeria. Section 4 recommends policies and concludes the paper

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Problems And Challenges Of Developing An Efficient Payments System In Nigeria., Paul A. Ogwuma Sep 1995

Problems And Challenges Of Developing An Efficient Payments System In Nigeria., Paul A. Ogwuma

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This papers emphasizes two main issues, namely, the prospects for modernizing Nigeria's payments system and what needs to be done in our circumstances to achieve this objective. Modernization of the payments system implied less reliance on cash transactions and increased use of cheques and related instruments, including electronic payment instruments

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On The Issue Of Universal Banking In The Nigerian Context., V. A. Odozi Sep 1995

On The Issue Of Universal Banking In The Nigerian Context., V. A. Odozi

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The paper analyses the real issue in Universal Banking. Highlighting the global spread, the concept, the alternative approaches to Universal Banking as while the pros and cons. The author of the view that Universal Banking cannot deal with the inefficiencies and distortions in the system nor will it make a distressed merchant bank viable.

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Convertibility Of The Naira: Issues And Prospects., J. O. Ashinze, E. A. Onwuoduokit Sep 1995

Convertibility Of The Naira: Issues And Prospects., J. O. Ashinze, E. A. Onwuoduokit

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The rapidly unfolding development's in the world economy in recent times, have led to resurgent calls for moves towards currency convertibility (basically, the unrestricted use of a country's currency for international transactions, allowing it to be freely exchanged for foreign currencies) as a part of the process of integration into the world market economy. This paper seeks to discuss the issues and prospects of naira convertibility. The paper is divided into four parts. Part 1 discusses the various concepts of and preconditions for currency convertibility. Part II, evaluates Nigeria's economic conditions in relation to the issue of convertibility. In Part …

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Investment Opportunities In Nigeria’S Gas Industry, F P. Odinnaka Sep 1995

Investment Opportunities In Nigeria’S Gas Industry, F P. Odinnaka

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This paper examines investment opportunities in the industry, especially opportunities for both foreign and domestic entrepreneurs in small and medium scale enterprises. In doing this, the paper analyses statistics on natural gas, reviews various gas projects and examines investment opportunities in the gas industry. The rest of the paper proffers some policy recommendations and ends with a summary and conclusion.

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1995 Monetary Policy- Press Briefing, Paul A. Ogwuma Dr. Mar 1995

1995 Monetary Policy- Press Briefing, Paul A. Ogwuma Dr.

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This is press briefing by the Governor of Central Bank of Nigeria. It is aimed at providing detailed elaboration on the policy thrust and modus operandi of the monetary and foreign exchange policy measures for 1995.

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Fiscal Policy Issues And Expenditure Programme Under The 1995 Federal Budget., Okunrounmu T. O. Mar 1995

Fiscal Policy Issues And Expenditure Programme Under The 1995 Federal Budget., Okunrounmu T. O.

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This paper examines the role of the Federal government of Nigeria in the management of the economy through budgeting. This paper was discussed in sections. Section I reviews the fiscal policy issues of the budget while Part II analyses the expenditure programme of the budget. Part III appraises briefly the prospects of achieving the macroeconomic objectives proposed In the budget. The paper is concluded with a summary.

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Budget Of Renewal 1995, Sani Abacha General Mar 1995

Budget Of Renewal 1995, Sani Abacha General

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The paper contains the 1995 Budget speech of the Head of State and Commander-in-Chief of the Armed Forces of Nigeria, General Sani Abacha.

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Monetary And Banking Policies In The 1995 Federal Government Budget., M. O. Ojo Mar 1995

Monetary And Banking Policies In The 1995 Federal Government Budget., M. O. Ojo

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The focus of this paper is on the role of monetary policy in the budget. It outlined and analyse the monetary programme which forms part of the macroeconomies policy framework of the Budget.

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Central Bank Of Nigeria Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1995 Fiscal Year., Ogwuma Paul A. Dr, Mar 1995

Central Bank Of Nigeria Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1995 Fiscal Year., Ogwuma Paul A. Dr,

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The Circular outlined the monetary, credit, foreign trade and exchange policy guidelines applicable to banks and other financial institutions in the 1995 fiscal year.

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The Role Of The Central Bank In The Nigerian Economy., Paul A. Ogwuma Dec 1994

The Role Of The Central Bank In The Nigerian Economy., Paul A. Ogwuma

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This paper focus on the role of the Central Bank of Nigeria and its contributions in the face of the prevailing unstable macro-economic environment. The paper further provide a brief background on the general objectives of a central bank, especially from the international perspective. The paper projects that year 2000 will see the Central Bank of Nigeria becoming smaller both structurally and functionally. Shedding of some of its developmental activities which can effectively be taken over by other agencies with focus on its stabilization functions which can sustain price stability and restore full confidence to the financial sector. It further …

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Allocation And Management Of Foreign Exchange: The Nigerian Experience., O. K. Anifowose Dec 1994

Allocation And Management Of Foreign Exchange: The Nigerian Experience., O. K. Anifowose

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This paper intends to discuss and review the various strategies adopted in the management of Nigeria's foreign exchange resources. Part I of the paper reviews the systems adopted before SAP (Structural Adjustment Programme) period as well as those practised from SAP to end of 1993. Part ll considers in broad terms the 1994 foreign exchange resource management policies. While Part lll describes the foreign exchange allocative mechanism adopted in 1994. Finally, part lV provides the summary and conclusion of the paper.

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Sources And Management Of External Reserves In Nigeria., Newman C. Oputa Dec 1994

Sources And Management Of External Reserves In Nigeria., Newman C. Oputa

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Reserves are all those foreign assets of a country held by the monetary authorities which can be mobilized at period of external imbalances with else and certainty. External reserves are held in the form of "earning assets" notably government's foreign security or in the form of "non earning" liquid assets like gold bars in the vault of Central Banks. ln Nigeria the composition of the extremal reserve consists of gold, IMF reserve tranche, Special Drawing Rights (SDRS) and convertible currencies, The major sources of extremal reserves are derivable from the components of foreign exchange inflows which include: receipt from petroleum, …

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Towards A Viable Rural Financial Market In Nigeria., O. O. Akanji Dec 1994

Towards A Viable Rural Financial Market In Nigeria., O. O. Akanji

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This paper analyse the weakness of existing rural financial markets, survey the existing formal and informal financial markets in rural areas, their financing mechanisms, strengths and weaknesses, and propose an agenda from a viable rural financial market in Nigeria. It is divided into four parts. Part 1 presents a critique of the operation of formal financial institutions in rural markets. Part 2 identifies the existing informal financial markets, noting their structure and financing mechanisms and the overall influence on the rural people. Part 3 analyses the challenges and prospects of rural financial markets, while Part 4 presents the conclusion and …

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Issues On Macro-Economic Management In Nigeria., Gianni Zanini Dec 1994

Issues On Macro-Economic Management In Nigeria., Gianni Zanini

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This paper examines the main source of inflationary pressures, and established the source of destabilization of the exchange and interest rates as the Budget deficit which has been increasing at an unsustainable pace since 1990. It also ascertain that stabilizing the economy will require a significant and sustained budget surplus with no additional domestic bank borrowing. It states that economy stabilization will also require a liberalization of foreign exchange and credit markets.

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Central Bank Of Nigeria Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1994 Fiscal Year: Monetary Policy Circular No. 28., Central Bank Of Nigeria Central Bank Of Nigeria Mar 1994

Central Bank Of Nigeria Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1994 Fiscal Year: Monetary Policy Circular No. 28., Central Bank Of Nigeria Central Bank Of Nigeria

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This paper contains the outlines of the monetary, credit, foreign trade and exchange policy guidelines for banks and other financial institutions in Nigeria during fiscal 1994. The circular is structured into three sections and Appendix. Section one reviews developments in the economy and the policy environment in 1993 and thus provides the background to the policy measures for 1994. Section two details the monetary and credit policy measures and guidelines for banks and other financial institutions. The foreign trade and exchange policy measures for 1994 are highlighted in section three and list of prohibited import and export items is provided …

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"Our Mission' - General Sani Abacha, Gcon, Fss, Dss, Mni, Commander -In-Chief Of The Armed Forces Of The Federal Republic Of Nigeria: Being The 1994 Budget Address., Sani Abacha Mar 1994

"Our Mission' - General Sani Abacha, Gcon, Fss, Dss, Mni, Commander -In-Chief Of The Armed Forces Of The Federal Republic Of Nigeria: Being The 1994 Budget Address., Sani Abacha

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The 1994 Budget Address manuscript titled "Our Mission" read by the General Sani Abacha, GCFR. The foregoing constitute the historical context of current efforts to charting relevant and appropriate direction for Nigeria's socioeconomic, The policy direction for 1994 must, therefore, aim at the refashioning of present ways of doing Government business.

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Governor's Speech At The Official Naming Ceremony Of "Samuel Asabia House"., Paul Ogwuma Mar 1994

Governor's Speech At The Official Naming Ceremony Of "Samuel Asabia House"., Paul Ogwuma

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The paper contains the speech of the Governor of Central Bank of Nigeria at the official naming ceremony of the First Bank of Nigeria Head Office in honour of the late Chief Dr. Samuel Asabia, the first indigenous Managing Director and Chief Executive of FBN PLC.

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The Devaluation Of The Cfa Franc: Implication For The West African Intra-Regional Trade And The Nigerian Economy., E. U. Olisadebe Mar 1994

The Devaluation Of The Cfa Franc: Implication For The West African Intra-Regional Trade And The Nigerian Economy., E. U. Olisadebe

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This article discusses the CFAF devaluation which was long-resisted and how it became inevitable after France indicated her intention in September, l993 not to assist the depressed economies of the CFA states if they backed out of IMF supported structural adjustment Programme. The IMF had insisted on devaluation as a condition for supporting any adjustment programme in CFA countries arguing that the devaluation would encourage investment and make exports more competitive thereby improving the balance of Payments of the CFA countries.

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Structure Of The Nigerian Economy: Being The Text Of A Paper Presented On 18th April, 1994 At A Seminar On The Management Of Nigerian Economy Held At The Cbn Training Centre, Lagos., F. U. Ezeuduji Mar 1994

Structure Of The Nigerian Economy: Being The Text Of A Paper Presented On 18th April, 1994 At A Seminar On The Management Of Nigerian Economy Held At The Cbn Training Centre, Lagos., F. U. Ezeuduji

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This paper examines various dimensions of Nigeria's structure, as well as its components and interrelatedness with a view to identifying the potentials for, and constraints to development. The paper is divided into four sections, ln section one, the resource base of the Nigerian economy is reviewed. This is followed in Section two by on appraisal of the pattern of Nigerian economic activities, given the structure of the resources. The third section examines the major structural weaknesses of the Nigerian economy while the fourth and final section summarises and concludes the paper.

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State Of The Economy: Central Bank Of Nigeria Perspective, Ogwuma P. A Dec 1993

State Of The Economy: Central Bank Of Nigeria Perspective, Ogwuma P. A

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This paper reviews broadly developments in the real, monetary and financial and external sectors of the economy from 1991 to 1994. It highlights the problems confronting policy makers and put forward some recommendations for consideration. The overall performance of the Nigerian economy during the past three years has been characterized by declining growth rate of GDP in turn a reflection, in the main, of the negative impact of the macroeconomic and financial imbalances. The major factor underlying the adverse movements in macroeconomic variables since 1991 has been the rapid growth in CBN credit for the financing of Federal Government's fiscal …

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Restructuring The Nigerian Financial System For Economic Resuscitation., S. B Falegan Dec 1993

Restructuring The Nigerian Financial System For Economic Resuscitation., S. B Falegan

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The article provides a detailed analysis on the stages of restructuring the Nigerian Financial System for Economic Resuscitation during the period of 1985-1993 .

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Review Of Policy And Developmental Objectives In Agricultural And Agro-Based Industrial Financing., G.O. Evbuomwan, E.U. Ukeje, F.A. Afelumo Dec 1993

Review Of Policy And Developmental Objectives In Agricultural And Agro-Based Industrial Financing., G.O. Evbuomwan, E.U. Ukeje, F.A. Afelumo

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This paper reviews and appraise the role of government credit policies in the development of agriculture and agro-based industries in Nigeria. The paper is organized into five sections. Section I reviews the objectives of agricultural development and its role in overall economic development. Section II highlights some major policy measures designed to achieve stated agricultural and agro-industrial development objectives, the major sources of financing and institutions established to support agricultural and agro-based industries are appraised in Section III, while Section IV contains the lessons of experience and implications for policy. Section V summarizes and concludes the paper.

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