Fraudulent activities, economic mismanagement, corruption, lack of accountability and transparency have been the bane of the economy. Fraud and criminality remained elusive and therefore brought inefficiency in the system, especially in the public sector. This menace lead to the establishment of EFCC in 2002 by an Act of the National Assembly which was later amended in 2004. It was borne out of the determination of the Federal Government to root out corruption and sanitize the Nigerian econom... read more

Nigeria is a nation blessed with abundance of natural resources; over the years the oil and gas sector has being the major contributor to the nation’s economy since the deviation from agriculture. Among all the states in Nigeria, those states under the Niger-delta region are the pivot behind the national power in the oil and gas sector. Over the years the region has suffered environmental degradation and charges of marginalization in the provision of employment, patronage and ancillary cont... read more

An information system (IS) can be viewed essentially as a social system with some technological elements (Land, 1994; Soriyan, et al. 2001). This indicates a shift from an initial techno-centric focus to a more integrated technology, management, organization and social focus (Elliot and Avison, 2005). It also emphasizes the application of technologies and the interactions between people and organizations and the technology. These interactions, the processes or order needed and the governance str... read more

However, monetary policy as a technique of economic management to bring about Sustainable economic growth and development has been the pursuit of nations and formal articulation of how money affects economic aggregates dates back the time of Adams Smith and later championed by the monetary economists (Balogun, 2007). Since the expositions of the role of monetary policy in influencing macroeconomic objectives like economic growth, price stability, equilibrium in balance of payments and host of ot... read more

Majority of people with particular reference to the elite will be wondering why the inadequate human resources on the performance of government establishments. A research supply will sound like asking an obvious question what are the causes of the inadequate human resources on the performance of government establishments. Given some answers to the above question I will start by first emphasizing the importance of human resources in every economy. Trended French described human resources as consi... read more

In the Southeastern Asia, Malaysia is located and the capital city of Malaysia is Kuala Lumpur. There are two parts in the Federation of Malaysia. There are Peninsular Malaysia and East Malaysia that also known as Malaysian Borneo. There are 11 states in Peninsular Malaysia while there are consists of 2 states in East Malaysia. The economy of Malaysia is an open economy. If anything happens in global such as financial crisis, it was affected economy of Malaysia. The economic activities involv... read more

A Budget is commonly understood as the focus by a government of its expenditure and revenue for a specific period of time. The general budget can be defined as a government plan for revenue and expenditure for the coming fiscal year. According to Prof. Udabah S I, budgeting has been in operation in Nigeria and indeed other countries for a fairly long period, to assist in policy making and planning and also, to provide the basis for controlling income and expenditure. To him, the maj... read more

Agriculture, in whatever form it comes or exists-food and cash crops production, livestock, poultry, animal husbandry, hunting and Horticulture-has its roles to play in any Nations Economic growth and devolvement is crucial. Among these roles are sources of food for the growing population, raw material for the manufacturing sector, reduction of inflationary pressure, earner of foreign exchange, empowerment of the labour force, source of income and savings for the farmer and improvement in their... read more

In the era of post colonialism, Nigeria has at one time or another, embarked upon certain policies that have political economic implications. For instance, from 1960 to date, Nigeria has introduced indigenization and nationalization policy, operation feed the Nation (OFN), Austerity measure, structural adjustment programme (SAP), Deregulation of oil sector, Resource control Privatization and commercialization of public enterprises to mention but a few. The critical question here remains. How man... read more

Every government and most especially those in the developing economies are concerned about the economic growth of their nation. As a result, they put in much effort to achieve higher rate of economic growth and raise the standard of living of its citizens. The critical issue has been how to attract investors and generate the needed resources domestically using tax instruments that are least harmful to both the government and the investors. This will obviously involve reforming the tax system ... read more

One of the greatest threats to economic and political development of any nation is corruption (Mohammed, 2013). Corruption has been identified as one major obstacle militating against rapid growth and development of the Nigerian economy (Nagari, Umar & Abdul, 2013). It undermines good government, fundamentally distorts public policy, leads to the misappropatriation of resources, harms the private sector and private sector development, and particularly it hurts the poor (Ajao, Dada & Olaoye, 2013... read more

The Nigerian Tax System has undergone significant changes in recent times. With the help of various studies and research done by tax experts, tax laws are being reviewed with the aim of repelling outdated provisions and simplifying the main ones. Under current Nigerian law, taxation is enforced by the 3 tiers of Government, i.e. Federal, State, and Local Government with each having its sphere clearly spelt out in the Taxes and Levies. Adam smith (1976) in his book said that ‘tax is a abilit... read more

Over the years Nigeria has rely on the collection of tax as a major source of revenue for the government. In some selected areas of Nigeria for instance Benue state during the time of crises experienced from election; most of the taxes collected in Benue state were taken to Enugu state. It happens like this some part of Nigeria. Now what is tax? Well tax is certain amount of money realized or successfully collected from an individual or company by the federal government of Nigeria to deve... read more

It is a matter of fact that there are a lot of things in which large companies are experts while the small firms can better do some things also. If both, small and large firms do their business in which they get advantage, the welfare of the economy can be maximized and the state of specialization can be attained. When we focus on the impact of small as well as medium firms on the whole economy, it is difficult rather impossible for us to segregate their impacts from the impact of large corporat... read more

The Central Bank of Nigeria as the Apex Financial institution within the financial structure, consist of commercial banks and the Allied Institution, it’s primarily created to promote monetary stability and sand financial system. The important of the central bank of Nigeria (C.B.N) can be fully appreciated when one understands its dominant role in development of Nigeria Economy. The major role of Central of Nigeria includes:- Issuing or mounting the National currency such as maintaining its... read more

The economy of any country consist of sectors these sectors include industrial transport, agricultural, mineral production, manufacturing sector etc. All sectors of the economy work in an inter-related and inter-dependent whole, therefore any malfunction of one or more sectors of the economy automatically affect the economy as a whole. However, different sectors have different roles in the same economy. This truth also applied to banking sector in the Nigeria economy. Banking sector are... read more

The word entrepreneur was first used in the early 18th century by an Irish man named Cantillon who was then living in France. The word therefore originated from the French word, entrepreneur, which means to start a business. It was used broadly in connection with the innovative modern individual business leaders. The entrepreneur has been described as the person who perceives business opportunities and takes advantage of the scarce resources to use them. He bears the non-insurable risk in his en... read more

The monetary approach to balance of payments explains the elimination of payments disequilibrium in terms of factors bringing the demand and supply of money into equality. It treats the supply of money as endogenous by assuming a feedback from the balance of payments through changes in international reserve to changes in the monetary liabilities of the central bank and government. One important question of monetary policy is the extent to which the monetary authority of an open economy can a... read more

Debt is created by the act of borrowing. It is defined according to Oyejide et al (1985) as the resource or money in use in an organization which in not contributed by its owner and does not in anyway belong to them. It is a liability represented by a financial instrument or other formal equivalent. In modern law, debt has no precisely fixed meaning and may be regarded essential as that which one person legally owes to another or an obligation that is enforceable by legally action to make paymen... read more

Development banking is a specialized financial institution, which provides medium and lony –term credit for the creation or expansion of commercial, Agricultural and industrial enterprises of the economy. In Nigeria economy development bank is one among the other secton of development bank in Nigeria economy. 2 To ascertain, if any, the constants hindering development banking from performing its set roles. 3 To assess the level of help or contribution which deve... read more