Agricultural Economics of Nigeria: Paradoxes and Crossroads of Multimodal Nature Professor Eric C. Eboh Professor of Agricultural Economics University of Nigeria CONTENTS 1.0 ACKNOWLEDGEMENT 2 2.0 CONCEPTUAL APPROACH OF THIS INAUGURAL LECTURE 6 REFLECTIONS ON THE STRATEGIC ROLE OF AGRICULTURAL ECONOMY 8 3.0 4.0 5.0 AGRICULTURE FROM THE LOOKING GLASS OF MAN’S ECONOMIC HISTORY 16 AGRICULTURAL ECONOMY FROM PARADIGMATIC VIEWPOINTS ABOUT THE STATE VIS-A-VIS MARKET 21 6.0 NIGERIAN AGRICULTURE
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Abstract Over the years the management of pension scheme in Nigeria has been inundated by multiple and diverse problems arising from which retirement became dreaded by workers especially in the public service. The failures of pension schemes in the country have been attributed to poor pension fund administration‚ outright corruption; embezzlement of pension fund; inadequate build-up of funds and poor supervision. There have been several reviews of pension schemes by the federal government which
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Discuss the relationship between entrepreneurship‚ innovation and economic development. What roles do creativity and problem solving play in this relationship? Refer to both theory and examples from the business world to support your case. It seems inevitable that there will be a strong link between entrepreneurship‚ innovation and economic development and that creativity and problem solving play a key part in this. It is important‚ however‚ to first have a better understanding of the definition
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Education and economic development The analysis of education as an economic commodity has a long history. The seminal work of Becker (1962) and Schultz(1962) presented a formal model of education as an investment good that augmented the stock of human capital. Individuals made educational choices in the same way as any other investment decision all of which have the common characteristic that an investment cost paid now produces a flow of benefits through time whose present discounted value is
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Located in West Africa and bordering the Atlantic‚ Nigeria is a big country that occupies 356‚667 square miles with a total population of 168 million. Nigeria is abundant in natural resources like coal‚ gold‚ lead‚ iron‚ salt‚ copper‚ and zinc‚ but it is best known as a big producer of oil. Thanks to its size‚ population‚ and resources‚ Nigeria is dubbed as “the giant of Africa” (Falola‚ 4). According to World Bank Data of 2010‚ Nigeria has an annual percentage growth rate as 8.0%‚ one of the world’s
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CORRUPTION Corruption is a feature of African‚ social‚ political and even religious life with disastrous consequences. It not only impedes economy development but also increases poverty by making a few individuals richer and many poorer. So corruption can be defined as making someone morally corrupt or becoming morally corrupt oneself. Forms of corruption Bribery-This is giving money or favors to someone who is in a position of trust‚ in order to prevent their judgments or corrupt their conduct
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Economic development’s effect on demography Demographic behaviour is a measure of a combination of figures in which indicates how a country’s or region’s population is distributed. The effect of demographic behaviour is that it reflects a country’s stage of economic development to a great extent‚ allowing indication of how far along the Demographic Transition Model (and hence how developed) they are. One measurement of a country’s demographics are by measuring the birth rate (how many live babies
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Philippines’ Economic Development Economic development: the qualitative process of structural change that involves the development of an economy’s economic and social infrastructure. Economic development involves the use of more resources or better quality resources to improve real increases in the quality of life of society. The construction of roads‚ railways‚ schools‚ hospitals‚ universities‚ dams‚ bridges‚ factories‚ power plants‚ ports and airport facilities are examples. Statistics: 1980
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Economic Development in Zimbabwe The country of Zimbabwe is one of the most economically developed on the African continent . A fairly young political entity‚ Zimbabwe has only enjoyed recognized autonomy since 1980‚ the year in which the United Kingdom repealed its imperialistic claims to the African nation . Despite its youth the country has achieved a level of economic development uncharacteristic of sub-Saharan African nations. Second only to South Africa in economic development‚ Zimbabwe’s
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human resource development and workers commitment in organization in particular and in Nigeria as a whole. For the purpose of this study‚ the concept of human resource development and manpower development will be used interchangeably. In any organization‚ it is the workforce who is considered important assets for the achievement of organizational goals. Every industry desires to maximize its human resources to see that the best output is achieved. Therefore‚ human resource development policies are
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