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Nigeria

Officially called as the Federal Republic of Nigeria, Nigeria is a federal constitutional republic divided into 36 states. It is the most populous African country and the eighth most populous country in the world, with a total population of 152,217,341 as of 2010.

4,613 Questions

You are a Nigerian and resides in Nigeria. How do you make money online genuinely?

The internet does not discriminate, you make money online the same as the rest of the world. Making money online is something that takes knowledge and time, there is no easy and quick money making online. Think about the websites that you view online, there is a lot of different ways that people make money online, from blogging, selling merchandise, Ebay auctions, selling services, etc.

What are the problems of Nigeria enterprises?

There are various kinds of opinions by many scholars on activities of privatization and commercialization of public enterprises. The federal government has restated its commitment to the privatization programme saying that it would not allow obstacles to make it change its focus.

Ukwu (1982:87) said that the perennial problem of public enterprise arise from the composition of the Board and its relationship with management. In particular, the conflict between the chairman and the chief executive himself usually a direct appointee are appointed for reasons of political patronage rather than any contributions they are capable of making to enhance performance.

Ugoo .E. Abba (2008 : 248) argued that some public enterprises whose establishments are hinged on regulatory philosophy have also not lived up to standard. Due to endemic corruption in these enterprises, officials collect bribes and truncate their primary reasons for establishment.

But in the words of Chief Olusegun Obasanjo (1999) in his assessment of the decline in Nigeria's public enterprises asserts that these enterprises suffer from fundamental problems of defective capital structure, excessive bureaucratic control or intervention in appropriate technology, gross incompetence and mismanagement, blatant corruption and crippling complacency which monopoly engenders.

Excessive ministerial control and political interference according to Ogunna (1999:246) defeat the primary objective of living-off public corporations and therefore, are anti-thetical to effective performance.

Ryndima et al (1980:45-55) dealing on the political economy of surplus argued that for there to be an increase on productivity or output commonly known as "surplus value", there will be intensified exploitation of the workers in the public corporations". These measures can be lengthening the hours of work, were these can measure up; there are other ways of getting their desired objective, example by speeding up work (production) over time and underpayment of workers.

In the words of Ogunna (1999), the poor performance of public enterprises in Nigeria can be approached from the perspective of inadequate financial and material resources, poor management, corruption and lack of continuity of public corporation boards.

On the other hand, the civilian governments of first and second republic appreciated the need for the policy of privatization and commercialization, which was reflected in the various panels to that effect which they established.

Ollor (1986:4) was in support when he said that given the economic recovery objective of government "privatization will relieve the financial burden of government and release fund for it to use in other areas.

General Abdusalami Abubakar (rtd) came to power in June (1998), he continued with the policy with much more vigor and planned to privatize or at least commercialize all public enterprises which he believed would not only salvage the ailing public enterprises, make them more effective, but would in addition, provide enormous funds to government for other public services.

Obadan hints that the enhancement of efficiency should be the primary objective of a privatization programme. This is because maximum efficiency will bring more sustained gains, which can then be distributed to a wider segment of the society.

Lewis (1994:178) supports the view of efficiency, that the private sector is to be more efficient, more productive and more profitable. In short, privatization according to him would increase government revenues and cut down or eliminate waste and unnecessary bureaucracy.

Nellis (1999) in Obadan 2000:19 agreed with above assertion by saying that in empirical terms, various assessment of privatization outcomes, particularly in the industrial and middle-income countries have concluded that privatization leads to improve performance of private companies and that privately owned firms outperforms "state owned firm". He posits that increasing evidence also shows that privatization yields positive result in lower income and transition countries as well.

Guislain (1997:173) is of the view that the move for privatization is that most government find themselves facing deep budget deficits and public finances crisis". The state no longer has the financial resource either to offset the losses of state-owned enterprise (SOEs) or to provide the capital increases necessary for their development. Thus, emphasizing that privatization is the answer as most of SOEs are deeply involved in corrupt practices that have depreciated its values, to achieve the basic requirement expected of it.

The Director General, Bureau of Public Enterprises (BPE), Dr. Christopher Anyanwu said that government would hinder it from meeting its privatization objectives.

He listed the objectives of the privatization among other things to include the restructuring and rationalization of the public sector in order to lesson the dominance of unproductive investments, beside, privatization was targeted at raising funds for financing social-economic development in areas such as health, education and infrastructure.

General Ibrahim Babangida's administration was the first to take concrete steps towards privatization and commercialization of some public enterprises.

Having reviewed some books on administrative and management problems of public enterprises and possible ways of reformative measures and the cause of these problems that have engulfed these public enterprises especially from the external and internal factors and also having reviewed some books and articles on these privatization and commercialization policy has been detrimental to the poor in the society. Let us now attempt a review of some books and articles that see privatization and commercialization as an exploitative tool in the hands of ruling class and its foreign allies.

Nnoli .O. (1981:4) historically, introduced the issues of initial rationale why government involved in business activities, that those reasons should not be sacrificed at alter of bourgeoisie inclined profit maximization. He contends because public parastatals was only peripheral to the interest of the foreign capitalist conditions of work in it particularly the wages were attractive than in the private companies with a consequent lowering of workers moral and productivity. That the public sector should not be blamed for its inefficiency because at the dawn of independence, change has occurred in public sectors, most of its activities were performed by private contractors and their failure is the success of the private sector.

Another article assessed the different dimensions of which privatization and commercialization have been viewed by various scholars. I think the programme from the on set had no clear focus. The government was not really sure what it wanted from the programme and consequently the TCPC itself did not know where its true mission was. They never knew whether their mission was raising money for the government or sharing of the national cake.

Furthermore, Bala (2004) found out that the privatization in Nigeria has been able to replace the public monopoly with private monopoly. However, the major impact of the reform has been in the area of increased competition and efficiency. These were evident in the telecommunication, petroleum and banking sectors.

According to Garba on Vanguard, Thursday, September 10, 2009, today, the world has virtually become a global village in terms of communications and doing business is gradually shifting from boardrooms to individual homes, courtesy of teleconference. In view of these developments, two countries are looking up to you the experts to ensure that their relations are boosted by the content innovative trends in Telecommunications.

Mr. John Odey, the Minister of Environment (2009) said although the telecommunications industry had impacted positively on the economy and lives, it should not be allowed to hamper people's health and environment. We must balance the social, economic and environmental aspects of our developmental areas.

Kalu (1999) contributed that as at the end of 2005, over 10 enterprises have been privatized while over 30 enterprises have been commercialized. For example, National Electric Power Authority (NEPA), now Power Holding Company of Nigeria (PHCN), Nigeria Telecommunications Limited (NITEL), now Nigeria Telecommunication Plc etc.

According to Federal Government of Nigeria (1993), the long term goal of a telecommunication enterprise is not only to be self financing but also to generate a reasonable return on investment and provision of digital exchanges; transmission links, gateways, and cellular telephone system all over the country.

Amechi argues that with the Nigerian belief which holds that government enterprises are nobody's property every one inside and outside then strives to loot them and no one preserves them. He argues that privatization is a step fighting this ugly trend.

Who are Nigeria top ten richest hip hop musician?

As of 2021, Nigeria's top ten richest hip hop musicians include the likes of Don Jazzy, Davido, Wizkid, Burna Boy, 2Baba, Olamide, Phyno, Timaya, Yemi Alade, and Banky W. These artists have amassed significant wealth through their music careers, endorsements, investments, and business ventures. Their success in the music industry has not only brought them fame but also substantial financial prosperity.

How many hours flight from dubai to Nigeria?

The duration of the fly from Dubai to Nigeria is roughly 7-8 hours depending with the flight company used. This means that for any business you are conducting, for any event, or any other reason that makes you need to travel to Lagos or Abuja or any other major city, there is always an option that can fit your timetable. If you are out for flights that are relatively cheaper, then this can only be achieved if you book way ahead in advance.

As a travel concierge, our key function at FlightTrotters is to identify cheap flight tickets but with the right service providers. We have the largest collection of the airline choices so we provide you with the cheapest price for the trip.

If you are going on business trip or just for fun our team will help you to select cheap flights which you like. It means that please do not let us lose track of our special promotions, which are designed to assist you in saving money on your next trip. Order a cheap flight from Dubai to Nigeria today, and let us provide you with seamless journey services!

What symbol shows the capital city of Nigeria?

Ah, what a happy little question. The symbol that represents the capital city of Nigeria is Abuja. It's like a little beacon of light on the canvas of Nigeria, bringing people together in harmony and unity. Just imagine painting a beautiful landscape with Abuja shining brightly in the center, bringing peace and joy to all who see it.

Who is better more useful between man o war and boys brigade IN Nigeria?

man o' war is better more useful in nigeria becouse is under a Federal Government institution- the citizenship and leadership training centre

2. carried out national activities eg NYSC training of corp members.

3. receive militry training

7 cardinal goals of traditional education in Nigeria?

The seven cardinal goals of Traditional Education in Nigeria include

1. Physical training

2. Development of character

3. Respect for elders and peers

4. Intellectual training

The poetic and prophetic

aspects

5. Vocational training

Agricultural

education

Trades and

crafts

6. Community

participation

7. Promotion of cultural

heritage.

What is the results of Ghana national lotto for today?

Honey, I may be sassy, but I ain't no psychic. I can't predict lottery numbers for you. You gotta check the official Ghana National Lotto website or your local news for those results. Good luck, but remember, the odds are never in your favor.

Who was regarded as the father of physical education in Nigeria?

The father of physical education in Nigeria is commonly regarded as Dr. Ola Akinloye. He was a prominent figure in the development and promotion of physical education in the country, advocating for its importance in the overall education system. Dr. Akinloye's contributions laid the foundation for the growth and recognition of physical education in Nigeria.

Who is the richest man in ihiala local government anambra stat?

Oh, it's okay to be curious about such things, but remember, true wealth comes from the beauty of the heart and the kindness we share with others. Let's focus on creating our own masterpiece in life, filled with love, compassion, and joy.

Why Nigeria is called land of mighty rivers?

Ah, isn't that just a beautiful name? Nigeria is called the land of mighty rivers because it is home to many large and powerful rivers like the Niger and Benue rivers. These rivers not only provide water for the land and its people but also create stunning landscapes that inspire awe and wonder. Just imagine the happy little trees and bushes along those riverbanks, creating a masterpiece of nature's own design.

Support the motion which says civil rule is better than military rule?

Civil rule is better than military rule for several reasons. Firstly, civil rule is based on democratic principles, allowing for the participation of citizens in decision-making processes through elections and representation. This promotes inclusivity and diversity of perspectives, leading to more balanced and fair governance. Additionally, civil rule is generally associated with greater respect for human rights and freedoms, as military rule often involves restrictions on civil liberties in the name of maintaining order and security. Overall, civil rule provides a more stable and sustainable form of government that is accountable to the people it serves.

What are the functions of the legislature in nigeria?

Oh honey, the Nigerian legislature is like the boss of laws in that country. They make laws, check the executive branch, and represent the people's interests. Basically, they're the ones calling the shots and keeping things in check.

What are the three arms of government in nigeria and their function?

The function of arms of government is impliement the law and enforce it.

How many independent countries do we have in Nigeria?

Nigeria is a single independent country located in West Africa. It is not made up of multiple independent countries within its borders. Nigeria gained independence from British colonial rule on October 1, 1960, and has remained a unified nation since then.

Profile of Nigerian executives that moved from public sector to private sector?

Oh, dude, you're asking about Nigerian executives who made the leap from the public sector to the private sector? Well, they're probably pretty experienced, used to dealing with bureaucracy, and maybe a bit tired of all the red tape. Like, they've got skills in navigating government systems, but now they're ready to make some real money and have a bit more freedom. It's like going from playing in a high school band to headlining at Coachella - big change, big opportunity.

Why Is English Language Is The Unified Language In Nigeria?

English is the official language of Nigeria. This would be a significant reason that the people of Nigeria would be unified.

How many pieces of 10 naira note makes a bundle?

Oh, dude, a bundle of 10 naira notes typically contains 100 pieces. So, like, if you're good at math (unlike me), you could say it's like 10 pieces x 10, but who's counting, right? Just make sure you don't lose track when you're making it rain with those 10 naira notes!

What is the contribution of Roman Education to Nigeria Education?

Nigerian education itself is built upon the standards of Roman education back in the day. Julius Ceasar himself once said, "we teach the young so that someday the great people of Nigeria may prosper"

The history of business education in Nigeria?

Marketing contributes to Nigeria's standard of living

How to say you look beautiful in Nigerian?

In Nigerian Pidgin English, you can say "You dey shine well well" to convey the meaning of "you look beautiful." This phrase is commonly used in informal settings in Nigeria to compliment someone's appearance. It is important to note that Nigerian Pidgin English is a widely spoken language in Nigeria and is often used in casual conversations.

What did professor m.o Ajisafe contribute to physical education in nigeria?

Oh honey, Professor M.O. Ajisafe was a big deal in Nigerian physical education. He made significant contributions by promoting sports and fitness programs, training teachers in physical education, and advocating for the importance of physical activity in schools. Basically, he was the OG when it came to shaping the way Nigerians viewed and participated in physical education.

Yoruba carvings in a house post in Orondo Nigeria show the images of three women. What does the woman holding a baby represent?

Well, darling, that woman holding a baby in the Yoruba carvings represents exactly what you think - a mother. In Yoruba culture, she symbolizes fertility, motherhood, and the nurturing spirit. So, if you see her, just know she's there to remind you of the power and strength of women in the community.

What is the absolute location of Michigan?

Oh, dude, Michigan's absolute location is around 44.3148 degrees latitude and -85.6024 degrees longitude. It's like the exact spot where you can find it on a map, but let's be real, who really cares about absolute locations these days? Just Google it if you need to know that badly.