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What Does Financial Regulation in Nigeria Look Like?

Share Tweet 0 Shares The center of the world is no longer located in one supernation. Rather, we are experiencing an economic boom across emerging markets globally, shifting our perception of the world forever. Rapidly developing countries are at the forefront of this massive revolution and global growth, producing and exporting more than ever before. One of the most important parts of this global chain of development and growth is the African continent, home to one of the biggest land masses on earth and a rapidly expanding population. (adsbygoogle = window.adsbygoogle || []).push({}); Africa has long been considered the poorest part of the planet with widespread poverty, high crime rates and very low human development. However, this picture is now changing as Africa keeps attracting more and more investments, businesses and innovative ideas. Some of the countries on the continent are gradually becoming global innovation hubs and tech superpowers. To try and foster the growth of these...
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Problems of Electricity Distribution in Nigeria

Share Tweet 0 Shares Nigeria has had an energy supply crisis for as long as many can remember. This is the poor performance of the power sector provide adequate power supply in spite of the country being Africa’s largest oil producer and having some of the world’s largest deposits of coal, oil, and gas. This is the reason for constant blackouts in Nigeria and the source of the most popular slang, “NEPA has taken light†. NEPA and later, PHCN which stands for National Electric Power Authority and Power Holding Company of Nigeria, respectively were the names of the public enterprise responsible for the control of power before the privatization of the power sector. (adsbygoogle = window.adsbygoogle || []).push({}); The average Nigerian has always thought the failure of the power sector is a result of the ineffectiveness of the government. However, even after the privatization of the power sector, not much has improved. This article is on the problems of electrici...
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Problems of Curriculum Planning in Nigeria

Share Tweet 0 Shares Curriculum planning has to do with gathering relevant information from many sources that will help design the details of the courses and subjects taught in school to a learner. The purpose of a curriculum is to enable learners to acquire the knowledge and skills that will ensure they are effective in society. Curriculum planning is a process that entails making strategic decisions and selecting what works best for the students. Most essentially, those planning have to observe and consider the needs of society, in order to adequately meet those needs. Curriculum planning involves designing and re-designing the programme to ensure all factors necessary to facilitate teaching are well covered. These include: What to teach and to whom, Qualifications for who teaches, Materials and resources to be used, Condition and place to teach, etc. This article is on the problems of Curriculum planning in Nigeria. (adsbygoogle = window.adsbygoogle || []).push({}); Problems of Curr...
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Problems of Civil Service in Nigeria & Solutions

Share Tweet 0 Shares The Nigerian civil service consists of a workforce of employees under the Nigerian government agencies and ministries except for the military and police. As you may well know, Nigeria is one of the largest countries in Africa by land and population. It is therefore expected that it will have a huge civil service task force. However, one would expect that alongside this wide task force would come maximum use of human resources for the development of the nation but this is not the case in Nigeria. In fact, one of the biggest problems with the country is the poor state of the civil service. This article takes a look at the major problems of the Nigerian civil service and solutions to these problems. (adsbygoogle = window.adsbygoogle || []).push({}); Problems of Civil Service in Nigeria & Solutions Read on below: (adsbygoogle = window.adsbygoogle || []).push({}); Erosion of Public service ethics In Nigeria, the constitution has prescribed ethical codes by which all...
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Problems of Contributory Pension Scheme in Nigeria

Share Tweet 0 Shares A pension refers to payment made by the government of a country to its retired citizens. It is an arrangement between citizens and governments wherein a worker deposits a certain percent of his or her salary to a pension account so that upon retirement, they can have access to these funds. (adsbygoogle = window.adsbygoogle || []).push({}); Before 2007, Nigeria operated a defined benefits system where the pension account was funded solely by the employer, or in the case of the civil service, by the government. This meant that retirement benefits were included in the annual government budget. This was difficult to maintain for the employers because it was too expensive. Hence the introduction to the contributory pension scheme. Under the contributory pension scheme, it is the responsibility of both the employer and the employee to contribute to the pension account. The employee pays a minimum of eight percent of his or her total monthly remuneration while the employe...
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Problems of Census in Nigeria & Solutions

Share Tweet 0 Shares Population census in a country is important because it helps to know the size of the population and inhabitants of its geographical area. It also helps to determine the human capital available and the number of unemployed. This in turn helps in the formulation of policies to meet the country’s needs. This article is on the problems and challenges facing the successful counting of Nigerians in the country and solutions to these problems. (adsbygoogle = window.adsbygoogle || []).push({}); Problems of Census in Nigeria & Solutions Ethnic and Religious beliefs (adsbygoogle = window.adsbygoogle || []).push({}); Many ethnic and religious beliefs have hindered the successful conduction of census in Nigeria. For example, some areas of Nigeria (especially in the north) do not allow women or wives to participate in the process of a population census. It is one of the reasons why many cannot trust population census results in the north. The northern population is al...
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Problems of Agricultural Programmes in Nigeria

Share Tweet 0 Shares The Agriculture sector in Nigeria has huge potentials that have not been fully harnessed. The sector has in fact gone through various phases of development that involved policies and agricultural programs. Every policy and agricultural development in Nigeria are set up with the aim of increasing the impact of the sector on national development. Different governments have gone on to initiate several agricultural policies and programs to ramp up agricultural productivity in Nigeria. An agricultural programme entails a comprehensive plan that includes the aims and objectives to be attained in the agricultural sector, the resources required and other activities to be performed in order to achieve certain goals in the agricultural sector. The use of agricultural programs as a tool to achieve productivity in Nigeria dates back to the colonial era and even many more programs have been set up after that. In spite of all this, it is generally accepted that Nigerian agricult...
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