The role of long-term capital in the economic development of a nation cannot be overemphasized. Most economic managers recognize that a well organized many developing countries; capital has been a major constraint to economic development. The Nigerian economic has over the years been subject to series of social, political and economic policies and reforms. In the pre-1970 era, the economic was basically agrarian and food security was largely achieved with the various regional governments then... read more

The economy of any country, irrespective of its structure is regulated by certain policies developed by the government. Some of these include economic policies, social policies, monetary policies etc. however of all these policies economic policies are most fundamental. Gbosi (2001) The economic factors are cynical because they serve as a foundation for the success of the other policies of government. The constituent element of these economic policies need to be manipulated simultaneously to ach... read more

The subject of taxation has received considerable intellectual and theoretical attention in the literature. Taxation is one of the most volatile subjects in governance both in the developing and developed nations. Tax refers to a “compulsory levy by a public authority for which nothing is received directly in return” (James and Nobes, 1992). According to Nightingale (2001), “a tax is compulsory contribution, imposed by government, and while taxpayers may receive nothing identifiable in ret... read more

Like other developing countries, the Nigerian economy considers trade as a principal engine for growth. This is based on the implicit belief that trade creates jobs, expands markets, facilitates competition; disseminates knowledge and raises income both to the individuals and to the government. These overwhelming benefits from trade, has been a principal factor on which the Nigerian government had engaged in trade over the past decades. At independence, the Nigerian economy engaged in internati... read more

Reality has shown that the best potential for long-term growth, job creation, savings and investment, and general economic development is provided by industrial development in any country. Like any other developing country with a low per capita GDP, Nigeria views industrialization and structural change as essential to the pursuit of growth. Creating and implementing policies and strategies for a more efficient, competitive, and varied industrial sector is one of Nigeria's most important developm... read more

Even in this day and age, the most of African nations, if not all of them, are still struggling to advance to a higher degree or level in the socioeconomic development of their many different civilizations. Despite the fact that this failure has always been linked to external forces, which have, for the most part, played a relatively minor role when compared to the influence of forces or factors within the country, which are significantly more detrimental to the expansion and socioeconomic devel... read more

The introduction of the internet has revolutionized the way we interact with people as well as in the process of sharing information and knowledge (Sobowale, Amodu, Aririguzoh, and Ekanem, 2015). According to Oyero (2007), the internet has had a significant impact on society, commerce (businesses), and government.Significantly, the internet through social media has enhanced socio-economic growth and development in both developed nations and developing countries. According to Amodu (2008), the in... read more

Nigeria with abundance of resources like crude etc is deemed blessed. Her vast resources in commercial quantities have placed her on a high pedestal among oil producing nations in the world. Her oil and gas industry which has been widely described as the nation’s financial lifeline has helped her attain this enviable position. There are several journals to this and about its role and significance in the Nigeria of today. This has birthed the segmentation of the four key economic segments in Ni... read more

At present the new name of fear is Coronavirus disease (COVID-19). This is not only killing the people around the world but also causes economic downturn which destroy the country in both ends. Coronaviruses are a group of related viruses that cause diseases in mammals and birds. In humans, coronaviruses cause respiratory tract infections that can be mild, such as some cases of the common cold (among other possible causes, predominantly rhinoviruses), and others that can be lethal, such as SARS,... read more

The global financial system is no doubt embracing the current transition from physical currency to almost virtual currencies through the medium of technology. This wave has ushered in the birth of crypto currencies. In the light of this outbreak, there has been a lot of positive and negative discourse on the value of crypto-currencies to the Nigerian fiscal system. Investors have in their masses invested in crypto currencies, the most common being Bitcoins all in a bid to some sort of recoup int... read more

Historically, the general market and most financial markets have advanced significantly. In this regard, the methods of exchanging goods have also evolved and adapted to market needs, with the aim of making business transactions as easy as possible. The assets used to conduct an exchange of goods are called foreign exchange. Most economists describe money as a form of exchange, capital and savings. According to us, money is an exchange tool, but we both agree to accept it. The seller agrees to a... read more

Price fluctuation in the market for fuel has a constantly evolving effect on the logistics industry. Rapid increases in the price for fuel can have a delayed and devastating effect on freight management companies, and a sudden fall could result in short-term boosts in profit and a surge of competition within the market to provide consumers with the lowest price. One of the major components of globalization is the transportation sector, which plays a very significant role in daily activities a... read more

The failure of the market to allocate resources efficiently provided a reason for considering other supplementary mechanisms for allocating resources directly, (e.g. public provision of goods and services) or for considering corrective devices that can interfere with the price mechanism so as to induce the market to function more effectively and efficiently in resource allocation. This has resulted in the intervention of government in the allocation of resources, through the provision of public ... read more

The impact on the marketing business at the company level is largely evaluated by the performance through changes in the share price and dividends to shareholders. However, performance analysis at the company level, whether for strategic or public policy purposes, is often inadequate due to the heterogeneity of the company's operations. The strategic business units (SBUs) that make up a company are often very diverse. The profitability analysis that groups these entities provides little informat... read more

Transport is one of the key sectors of the economy. It plays a vital role in the daily activities of economic development. It serves as a catalyst in production, as it facilitates the movement of inputs to production points and evacuates products for storage or marketing. Its role is essential for all aspects of the social and economic life of society (NTP, 2011). Transportation, especially road transport, is a basic necessity for people after lunch and shelter. With an efficient, safe and af... read more

Health is the ability to perform one's roles or functions. It helps us develop what we are capable of doing to society at large. Inadequate health contributed directly to redaction in productivity and loss of payment for the individuals, with disastrous consequences for the dependent class, The basic diagnostic point that good health is an integral part of development has therefore come take centre stage in development thinking; this point is due to the fact that only healthy people can earn ... read more

An inquiry to the fiscal operations and developments in Nigeria revealed that federal government expenditure on education is categorized under social and community services sectors. The implication of this according to Orubu, (1989) is that education is an important good. Education plays a vital role in human capital formation. It raises the productivity of individuals and thus produces skilled manpower that is capable of leading the country vis – a – vis economy towards the path of susta... read more

Economic policy refers to the actions that governments take in the economic field. It covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labor market, national ownership, and many other areas of government interventions into the economy. Most factors of economic policy can be divided into either fiscal policy, which deals with government actions regarding taxation and spending, or monetary policy, which deals with central ... read more

The relationship between money supply and economic growth has been receiving increasing attention than any subject matter in the field of monetary economics in recent years. Economists differ on the effect of money supply on economic growth. while some agreed that variations in the quantity of money is the most important determinant of economic growth and that countries that devote more time to studying the behavior of aggregate money supply experiences much variations in their economic activiti... read more

The purpose of this work is to find out some factors that hinder economic development in the state. From this study a questionnaire was designed and distributed directly to the respondents to test the followings hypothesis (political instability, inconsistent economic policy, unpatriotic behavior of some Nigerians poor educational standard, high rate of illiteracy and lack of social amenities) as well as of poor remuneration of civil servant affect economic development in the state.