The paper investigates the causal relationship between External Debt and Foreign Private Investment in Nigeria between 1970 and 2003. The source of data for the study is the publication of the Central Bank of Nigeria Statistical Bulletin (volume 14, 2004) issued annually by the Research...

Experts had reiterated that sustainable development is aimed at meeting the needs of the present generations without compromising the ability of future generations to meet their own needs. This had made every continent to focus on the Sustainable Development Goals (SDGs), officially known as...

The paper studies the benefit incidence of fuel subsidies in Nigeria household sector. Combining annual subsidy estimates with the households' expenditure data from the 2009/10 Harmonized Living Standard Survey, we investigate how the benefits from fuel subsidies are accrued to each income...

It is common with governments of many oil producing developing countries to fix the prices of energy products below their opportunity cost for welfare and redistribution purposes. This has often resulted in huge energy consumption in developing countries and the question that emerge is whether...

Inefficient pricing of energy products has become a common feature of governments in many oil exporting developing countries. As developing countries, this can be justified only when the increased growth results from higher energy consumption. To this end, the study examined the direction of...

The paper studies the benefit incidence of fuel subsidies in Nigeria household sector. Combining annual subsidy estimates with the households' expenditure data from the 2009/10 Harmonized Living Standard Survey, we investigate how the benefits from fuel subsidies are accrued to each income...

This study examines the impact of oil price shocks and their transmission channels to selected macroeconomic variables which serve as proxies for economic activities in Nigeria using quarterly data from 1980Q1 to 2011Q4. Empirical analysis was carried out using VAR framework. Further the Impulse...

In this paper, we conduct a financial analysis of a typically viable and unviable World Bank supported hydroelectric projects in China and draw inferences for Nigeria by conducting similar analysis with a classic Nigerian economic and financial environments. The analysis of the hypothetical...

The twin crisis of extensive electricity shortages and the surge in oil demand conveys to the world the inherent weaknesses in China's energy policy instruments. As a country that has enjoyed vibrant growth and relative national stability in recent history and has been striving to ensure that...

Aggregate flows of foreign direct investment (FDI) to Nigeria, as in economies of the world, fall into different classified sectors of the economy. Studies on FDI in economic literature have been directed at the macroeconomic effects of FDI on economic growth. As sound as the findings of such...