it has increased the cost of living,made the cost of transportation high and even created job opportunities
It is the process we use to consume goods. actually in the Nigerian economy, capitalism is being practiced in paper while in the real context, Nigeria practives mixed economy because the key sectors of the economy like Oil, power, etc are being owned and handled by the government. For now nigeria has adopted many measures to transit from a mixed economic system to a capitalist economy such as the privatisation and comercialization of the Electric sector, Deregulation of the oil sector, etc. CONTRIBUTION BY AFOMACHUKWU OKAFOR ECONOMICS DEPT. ESUT
It means removal of the subsidy, (the part government pays for) in getting dometsic fuel
the economy was more successful because there were more people. Things were made faster
what are the function of the service sector of the economy
Secondary sector the economy relates to?
Deregulation brings about efficiency in the oil sector as a result of heathy competitiin.
It is the process we use to consume goods. actually in the Nigerian economy, capitalism is being practiced in paper while in the real context, Nigeria practives mixed economy because the key sectors of the economy like Oil, power, etc are being owned and handled by the government. For now nigeria has adopted many measures to transit from a mixed economic system to a capitalist economy such as the privatisation and comercialization of the Electric sector, Deregulation of the oil sector, etc. CONTRIBUTION BY AFOMACHUKWU OKAFOR ECONOMICS DEPT. ESUT
It means removal of the subsidy, (the part government pays for) in getting dometsic fuel
by implementing every sector in nigeria weather private or public sector and morealso regulating the financial economy
Vincent Akpotaire has written: 'Privatisation and deregulation of the downstream sector of the oil and gas sector' -- subject(s): Deregulation, Law and legislation, Petroleum industry and trade, Privatization
the nigeria public sector
The banking sector reform in Nigeria refers to the current changes that is taking place in Nigeria. These changes are aimed at streamlining the banking operations in Nigeria.
It has afacted the public sector throug high price of food stufs in the market.
the economy was more successful because there were more people. Things were made faster
what are the function of the service sector of the economy
Secondary sector the economy relates to?
The relevance of the private sector in the economy is to supplement the government. The private sector helps grow the economy by creating job opportunities in a given economy.