Menu
12.11.2022Women, many believe, will play a major role in the development of the economy and the mining sector, but there are issues of marginalisation, segregation, and discrimination against the gender
WhatsApp:+8617329420102
Nov 11, 2022Mining is a major economic activity in many developing countries including Nigeria. This paper examines the social and health challenges of Cement production on Obajana communities. This was necessitated to providing a sustainable safe environment to the people and communities where industrial activities take place. The study involved
WhatsApp:+8617329420102
23.07.2020During the decades of the 1990s and 2000s, RD intensity of relevant mining and mineral companies, understood as the RD expenditure as a percentage of total revenues, was on average only approximately 0.5% [ 9 ].
WhatsApp:+8617329420102
Nov 10, 2022Mining sector improving towards diversifying Nigeria's economy – Expert. Story from Abah ADAH, Abuja. Human capital development expert, Habibah Waziri, the managing director/chief executive officer (MD/CEO) of BGR Consulting Limited, has expressed the view that the Nigerian mining sector is on the path to fulfilling its mandate
WhatsApp:+8617329420102
12.06.2019The mining sector contributed GH15.8 billion and GH17.1 billion in 2016 and 2017 respectively. Proving to be one of the largest sources of revenue to the government as mineral royalties,
WhatsApp:+8617329420102
International Journal of Development and Economic Sustainability Vol.3, No. 2, pp.49-65, May 2015 Published by European Centre for Research Training and Development UK () 49 ISSN: 2053-2199 (Print), ISSN: 2053-2202(Online) THE EFFECT OF ENTREPRENEURSHIP ON ECONOMY GROWTH AND DEVELOPMENT IN
WhatsApp:+8617329420102
the amount of tax revenue generated, the higher the level of economic development experienced by the economy. This implies that taxes that have positive effect on economic development are direct taxes, thus direct taxes exert more significant influence on economic development of Nigeria than indirect taxes.
WhatsApp:+8617329420102
Economic development can be referred to as the quantitative and qualitative changes in an existing economy. Economic development involves development of human capital, increasing the literacy ratio, improve important infrastructure, improvement of health and safety, and other areas that aims at increasing the general welfare of the citizens
WhatsApp:+8617329420102
Nov 08, 2022Partnered with governments in 12 countries, soon to be 19, advancing their national agendas for better energy access, faster decarbonization, jobs growth and economic development.
WhatsApp:+8617329420102
In the baseline scenario, Nigeria's economy is expected to grow by 1.8 percent in 2021. Despite the current favorable external environment, with oil prices recovering and growth in advanced economies, reform slippages would hinder the renewed economic expansion and undermine progress toward Nigeria's development goals. In a risk scenario
WhatsApp:+8617329420102
You can not select more than 25 topics Topics must start with a letter or number, can include dashes ('-') and can be up to 35 characters long.
WhatsApp:+8617329420102
The study assessed the impact that the Nigerian Stock Exchange has created on the development of the Nigerian economy. To achieve the objectives, this study reviewed Stock Exchange, its functions, activities, roles, and legislation. The advantages and disadvantages of listing on the stock market were also x-rayed. Also highlighted were the trading, clearing and
WhatsApp:+8617329420102
Nov 08, 2022GEAPP has already made important strides toward the goals of increased energy access, reduced emissions, and enhanced livelihoods. In all, building on the projects of its philanthropic founders,
WhatsApp:+8617329420102
21/06/2017The mining sector (comprised of the oil and natural gas sector) is the largest Nigeria industrial sector. The sector accounts for more than 90% of the annual national production, while generating more than 80% of the government revenues. For instance, the country produces 2.169 million barrels per day (2007 statistics).
WhatsApp:+8617329420102
Inflation in Nigeria is likely to increase further due to the rise in global fuel and food prices caused by the war. The Continuing Urgency of Business Unusual Blog Covid-19 and learning losses Building human capital to help foster inclusive growth, accelerate poverty reduction, and create a better future for Nigerians. Covid-19 and learning losses
WhatsApp:+8617329420102
To ensure economic development in Nigeria therefore, the study recommends various measures of curbing insecurity including preventive community policing, human development centered growth perspective, equitable distribution of resources as well as channeling of resources to frontline sectors of the economy among others.
WhatsApp:+8617329420102
Aug 04, 2019the result shows that there is a significant relationship between the market capitalization of the nigerian stock exchange and gross domestic product on one hand, and no significant relationship between the size of the nigerian stock exchange and the industrial production (growth rate).reasons and recommendation were made to
WhatsApp:+8617329420102
This makes the country to be a heavily cash-based economy. There are several challenges associated with a high level of cash usage. These include the excessive cost of cash management, robberies, revenue leakage arising from too much of cash handling, inefficient treasury management and cumbersome nature of financial transactions.
WhatsApp:+8617329420102
to revenue loss. In other to reawaken the consciousness of Nigerian government and citizens on the effective use of taxation as a developmental tool, and examine the effect the tax system have so far on the economy; this research work becomes very relevant. There is no doubt that taxation must have affected the economic development of Nigeria.
WhatsApp:+8617329420102
12/11/2022The government is losing 4.2 million dollars a day from illegal export of our natural resources." So the government needs a better structure to monitor the places where these resources are
WhatsApp:+8617329420102
Nov 11, 2022Development processes that are inclusive yield better outcomes for the communities that embark upon them. The UN was created to promote the rights and inclusion of marginalized and
WhatsApp:+8617329420102
Oct 14, 2020The development of the mining sector should also be assessed in light of national sustainable development plans and Nationally Determined Contributions (NDCs) under the Paris Agreement, including reforestation and afforestation commitments. Such assessments could support integrated planning and identify entry points for finance, including REDD+.
WhatsApp:+8617329420102
Concrete outcomes of this advocacy include: (i) Debt service suspension in 2020 and 2021 (13 billion of liquidity); (ii) Special Drawing Rights ($33.7 billion early 2021); and (iii) the increase of
WhatsApp:+8617329420102
The fourth industrial revolution will inevitably affect industries across economies. Given Nigeria's developing services sector, 4IR could greatly engender economic growth in the future. Trade, transportation, and other market segments could benefit, and new rewarding jobs could also be
WhatsApp:+8617329420102
Nov 09, 2022Similarly, Mr. Timipre Sylvia, the Minister of State for Petroleum Resources, said that the growth of Nigeria's gas reserves was important to achieving the "Decade of Gas Development". Sylvia stated that the government has its part to play in energizing the gas sector if Nigeria was to compete with the rest of the global economy.
WhatsApp:+8617329420102
1 This new PEA updates the company's September 2021 PEA to incorporate the recently announced royalty investment for up to $60 million in five tranches. To date, the company has completed the
WhatsApp:+861732942010222 As Nigeria seeks to further diversify its economic activities beyond oil, Vice President of Nigeria, Prof. Yemi Osinbajo has identified the effort of the operators of the Segilola Gold Project in
WhatsApp:+8617329420102
Africa is home to an estimated wild edible insect population of 1000 species that offer an opportunity for sustainable food systems while also improving food and nutrition security on the continent. Edible insect consumption has been part of African communities for a long time and forms part of their diets and cuisines, particularly within low-income households
WhatsApp:+8617329420102
19.08.2020During the next year, employment in the mining industry dropped by 25% and accounted for only 0.27% of industrial jobs (Handal 2011 ). The legislation was as flexible in the payment of income tax. For example, mining companies in the Abitibi-Tmiscamingue region paid no income tax in 2015 (Belzile 2016 ).
WhatsApp:+8617329420102
the MMM. The model made an impact assessment until 2030 using an expanded model by the IMFs program utilizing forecasts of mineral commodity prices. The main findings were that the IMFs program does not have any impacts on the economy, which negatively affects fiscal sustainability, when commodity prices are decreased by 15 percent.
WhatsApp:+8617329420102
currently, we have a world-class gold mine running in osun state, the eko gold coin which has been refined to full 24-karat purity, mining industries that supply the coal needs of dangote bua
WhatsApp:+8617329420102
May 12, 2018Government revenues ($44.3 billion) rose 15.4 per cent y/y in Q1 2018. Oil revenues were only marginally higher ($30.4 billion; 1.7 per cent y/y), and instead the lion's share of the increase came from non-oil revenues ($14.0 billion; 63.1 per cent y/y).
WhatsApp:+8617329420102
dimensions of mining various different perspectives that create and shape social landscapes need to be considered. The attention towards these issues increased significantly in the last 10 years with the way the mining industry impacts on local communities where it operates and how communities see these impacts being seriously
WhatsApp:+8617329420102
Oct 08, 2020Another negative impact of international trade on the Nigerian Economy is increased national debts and also over dependence on import for our survival. On a brighter note, some of the positive impact of international trade on the Nigerian Economy includes: 1) Variety of Goods Available for Consumption: . International trade
WhatsApp:+8617329420102
22 The percentile rank for Nigeria was 14.42 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources.
WhatsApp:+8617329420102
Nov 08, 2022According to the research report, the global smart mining market is likely to be worth US$ US$ 29.10 Bn by the end of 2031 from US$ 10.02 Bn in 2020, with a strong CAGR of 10.2% during the forecast period. Of the various equipment, automated excavators are projected to lead the global market.
WhatsApp:+8617329420102
01/05/2018The central objective of this study is to empirically determine the impact of ocean shipping export trade on Nigeria's economic development. Specifically, the study intends to accomplish the following: To determine the relationship between ocean shipping export trade and Nigeria's gross domestic product.
WhatsApp:+8617329420102
01.02.2021Some of the negative impacts of mining are loss of vegetation cover, mass destruction of water bodies, loss of biodiversity, land-use changes and food insecurity, increased social vices and conflicts, high cost of living, and air pollution.
WhatsApp:+8617329420102
28/06/2022As a consequence of the COVID-19 impact, Nigeria's Gross Domestic Product is estimated to have decreased by over four percent during 2020. Statistics on the topic Gross Domestic Product Trade
WhatsApp:+8617329420102
15/06/2021ABUJA, June 15, 2021 – In 2020 the Nigerian economy shrank by 1.8%, its deepest decline since 1983. The COVID-19 crisis drove the economic slowdown; the external context was marked by capital outflows, intensified risk aversion, low oil prices, and shrinking foreign remittances.
WhatsApp:+8617329420102