- The Complete Research Material is averagely 81 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: MTech, MSc or PhD.
- Full Access Fee: ₦15,000
Get the complete project »

CHAPTER ONE
INTRODUCTION
8.1 Background of the study
.Macroeconomic policy in Nigeria has been characterized by inefficiency, highly volatile and unsustainable public spending while fiscal decentralization has failed eficient public finance management and effective macroeconomic stabilization. Misalignment among federal, states, and local government income and expenditure has rendered the traditional instrument of economic management ineffective. Government spending, at all levels is characterized by pension crisis, arrears of salaries of civil servants, huge external and domestic debts and misallocation and mismanagement of resources. The worst situation is obtained at the state level where institutions are weak, economic governance is poor and debts are accumulated at unsustainable level. (NEEDS, 2004).
Nigeria, a country blessed with abundant natural resources, is seen as one of the countries that have the most volatile economy. This is in order with NEEDS (2004) which says that "between 1975 and 2000, Nigeria's broad macroeconomic aggregates - growth, the teims of trade, the real exchange rate, government revenue and spending were among the most volatile in the developing world. Over the past three decades, high macroeconomic volatility has become a key determinant as well as consequence of poor economic management". The economy has found itself in a low growth trap made up of low savings - investment equilibrium. Our economy is still far below the minimum investment rate of about 30% of GDP required to minimize poverty
Aggregate annual GDP growth between 1999 and 2003 was about 5 percent and estimates of growth in 2003 was 10.2 percent. This marked the highest rate of growth in three decades. Nigeria's per capita GDP was one of the lowest in the world in the 1980s and 1990s. Between 1999 and 2003, annual per capita GDP grew at about 2.2% which is far from 4.2% required to address poverty. GDP growth rate in Nigeria can be summarized with the aid of table 1. I
Table I . 1 Economic performance in Nigeria (1 960 - 2004).
Period GDP growth rate Population growth Growth of per
P o ) rate (%) capita income (%)
Source: National planning ( Tommi.ssion, A hz!jci
Foreign direct investment (FDI) was going direct to the oil and extractive sector from 1960 to 1999. Foreign direct investment gets itself in non-oil sector only from 1999. This has caused unemployment's rate to fall from about 20% in 1999
You either get what you want or your money back. T&C Apply

You can find more project topics easily, just search
-
SIMILAR ECONOMICS FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE IMPACT OF PERFORMANCE APPRAISAL ON EMPLOYEE PRODUCTIVITY, A CASE OF NIGERIA BREWERIES
» CHAPTER ONE INTRODUCTION 1.1 Background of Study In every business organization, the performance of the employees is important in achieving organizati...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
2. IMPACT OF TAXATION ON SMALL AND MEDIUM SCALE BUSINESS IN NIGERIA
» ABSTRACT Small and Medium Enterprises play a very important role in development of the Nigerian Economy. Making up about 97% of the entire economy, th...Continue Reading »Item Type & Format: Project Material - Ms Word | 60 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
3. THE OIL SECTOR VIS-A-VIS THE AGRICULTURAL SECTOR: THE NIGERIA EXPERIENCE
» ABSTRACT This study aims at evaluating the oil sector vis a vis the agricultural sector in Nigeria from 1981 2007. The role of agriculture in the Nige...Continue Reading »Item Type & Format: Project Material - Ms Word | 59 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
4. PERCEPTION OF URBAN BEAUTIFICATION EXERCISE IN IBADAN
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Urban areas are the engines of economic growth as well as location for complex network of activit...Continue Reading »Item Type & Format: Project Material - Ms Word | 40 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
5. THE IMPACT OF INTEREST RATE DEREGULATION ON COMMERCIAL BANKS’ LENDING OPERATIONS IN NIGERIA (A SURVEY OF UNION BANK OF NIGERIA PLC ENUGU PROPOSAL
» CHAPTER ONE 1.1 BACKGROUND OF THE STUDY There had been administrative control on the nation’s interest rates until July 31, 1987 when, in conson...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
6. ECONOMETRICS ANALYSIS ON THE MONTHLY INCOME GENERATED FROM SALES OF LEGEND GUILDER, AND MALTINA DRINKS IN NIGERIA
» CHAPTER ONE 1.0 INTRODUCTION Econometrics can be described as a branch of social science that deals with the measurement of economic relationship. Thi...Continue Reading »Item Type & Format: Project Material - Ms Word | 36 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
7. EFFECT OF INTEREST RATE ON EXCHANGE RATE MANAGEMENT IN NIGERIA
» ABSTRACT Despite the fact that in Nigeria Monetary Policy (Interest rate policy) has been a policy tool for managing the exchange rate, Nigeria has co...Continue Reading »Item Type & Format: Project Material - Ms Word | 98 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
8. AN EMPIRICAL INVESTIGATION OF THE DETERMINANTS OF WAGE DIFFERENTIALS IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Inequality is a phenomenon that many people are concerned with. It is probably a major factor in ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
9. THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The Bretton Woods monetary system of fixed exchange rates, which evolved immediately after the Se...Continue Reading »Item Type & Format: Project Material - Ms Word | 76 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
10. EXAMINING THE IMPACT OF BANK LOANS ON SMEs IN NIGERIA
» ABSTRACT Small and Medium enterprises are the catalyst for economic growth in most economies thus, the fundamental objective of this study is to inves...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT