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6,604 Words
The focus on Privatization of Corporate enterprises is relatively recent in Nigeria. The prominence in economic programs of most developing countries since the 1980’s is due to the need to reduce Public sector deficits and financial losses arising from gross inefficiencies of the public Enterprises. Privatization attracts substantial amount of foreign investment inflows and new technological growth bringing about economic growth and re […]
80 Pages
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10,928 Words
INTRODUCTION This chapter deals with the background of the study statement of problem, objective of study, research questions, significance of the study, hypothesis, scope, limitation of the study and definition of terms. 1.1 BACKGROUND OF THE STUDY The era of oil boom in 1970’s in Nigeria economy lead to the nations over reliance on oil as its main source of revenue and there by ignoring other sectors of the economy hence a mono-prod […]
160 Pages
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19,344 Words
1.1 INTRODUCTION The bulk of fraud required by the investing sector of most developed and developing business economics of the world is provided by the bank industry in the main, the service of mobilizing fund from the saving that is simples to the investing sector provided by the banking industry accounted for the high status the banking industry is place in the development of any economy the rate of economic development of the nation […]
51 Pages
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7,625 Words
INTRODUCTION Modern commercial banking in Nigeria dates back to the early period. The decline in barter system of trade and the rise in financial transaction of the colonial government required an institution in the form of commercial bank for safety and transmission of fund. It was for purpose that African banking corporation based in South Africa an was invited in 1892 to open a branch office in Lagos but its existence was made preca […]
85 Pages
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12,230 Words
INTRODUCTION In this present world, all nation want its rural urban areas to be developed, with this perspective policies are being formulated to ensure its achievement of that country. For instance, in Nigeria a great number of people live in the rural areas and so the federal, sate and local government are very much concerned in the issue of developing these rural areas. Development as it effects the rural people differs in many resp […]
121 Pages
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13,426 Words
BACKGROUND OF THE STUDY There had been administrative control on the nation’s interest rates until July 31, 1987 when, in consonance with the spirit of the structural Adjustment programme (SAP) of the Federal Government the Central Bank of Nigeria issued a circular on interest rates bordering on the deregulation of this financial sector of the economy. As a signal to the direction, the Central Bank wanted the interest rate to go, the m […]
68 Pages
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8,972 Words
1.1 INTRODUCTION Privatization and commercialization of electronic media in Nigeria (A case study of Minaj system T.V.) BACKGROUND OF THE STUDY Broadcasting in Nigeria, entered a new era with the decision of the federal government is allow private ownership of radio and television stations after more than 50 years of its advent in Nigeria. Privatization is the process which government either partly or wholly transfers equity investment […]