Version-1 (Sep-Oct 2015)
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| Paper Type | : | Research Paper |
| Title | : | Impact ofExpanding Economic Activities onGovernment Expenditure inNigeria |
| Country | : | Nigeria |
| Authors | : | Osmond N. Okonkwo || Nnamocha P.N. || Emmanuel I.Ajudua |
Abstract: The main focus of this study is to investigate the impact of expansion in economic growth on government expenditure in Nigeria covering the periods 1970 to 2012. Gross Domestic Product (GDP) was used as a proxy for economic growth, and the GDP time series was decomposed using the partial sum approach in order to achieve asymmetry in the variable. The asymmetric ARDL estimation technique was appropriately employed in this study. The findings of this study revealed that expansion in economic growth has significant impact on government expenditure in Nigeria. The study further provided evidence of long-run causality from boom/expansion in economic growth to government expenditure in Nigeria but could not support any evidence of short-run causality. The researcher recommended among others, that Governments in Nigeria should give more impetus to policies that will guarantee sustainable economic growth.
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| Paper Type | : | Research Paper |
| Title | : | Tax Incentives and Foreign Direct Investment in Nigeria |
| Country | : | Nigeria |
| Authors | : | George T. Peters || Bariyima D. Kiabel |
Abstract: Given the significance of Foreign Direct Investment (FDI) to economic growth and the use of tax incentives as a strategy among government of various countries to attract FDI, this study examines the influence of tax incentives in the decision of an investor to locate FDI in Nigeria. Data were drawn from annual statistical bulletin of the Central Bank of Nigeria and the World Bank World Development Indicators Database. The work employs a model of multiple regressions using static Error Correction Modelling (ECM) to determine the time series properties of tax incentives captured by annual tax revenue as a percentage of Gross Domestic Product (GDP)and FDI.
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[5]. Antwi, S.(2013).Impact of FDI on economic growth: Empirical evidence from Ghana.International Journal of Academic Research in Accounting, Finance and Management Sciences. 3(1), 18-25.
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| Paper Type | : | Research Paper |
| Title | : | What Influences U.S Official Development Aid to Nigeria? |
| Country | : | Nigeria |
| Authors | : | Bayo Fatukasi || Kudaisi B.V |
Abstract: It is generally believed that aid is a charity from the rich to the poor countries to help the poor overcome their development problems. As a result of this, a number of erroneous beliefs now surround the issue of foreign aid from the donor countries (rich) to the developing countries. Despite these beliefs, U.S aid to Nigeria has been significant especially since the country returned to democracy. Late 2014, U.S promised to increase the aid to Nigeria to about $720m. It is on this that this study sought to investigate the factors influencing the increase in U.S aid to Nigeria during the period of 1980-2013.
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[2]. America wants to send $720m foreign aid to Nigeria in 2015 Business day, August, 2014
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[5]. Bakare, A.S. 2011, The Macroeconomic Impact of Foreign Aid in Sub-Saharan Africa: The Case of Nigeria. Business and Management Review 1(5) 24 – 32.