How to go about swot analysis in MMM guiders school task without stress talk about the strenght of MMM the weakness the opportunity and lastly the threat what could have caused it and it's solutions
This study examines the effect of trade openness and total factor productivity on industrial output in Nigeria. The data used for this analysis covers the period 1981-2015. The paper employs the VAR model in estimating the effect of trade openness on industrial output. The impulse response function and the variance decomposition are used to examine the response of industrial output to shocks in trade openness and total factor productivity. The results show that trade openness has a positive increasing effect on industrial output in Nigeria while the effect of total factor productivity on industrial output is found to be insignificant. The impulse response function shows over the long run period tfP negative effect on industrial output in Nigeria. The findings of this study certainly have important policy implications: it suggests that policies geared towards increasing trade openness should be encouraged as this tends to improve industrial output. This study contributes to economics literature by looking at the degree to which trade openness and total factor productivity influence industrial output in Nigeria.
This study assessed the significance of monetary policy on inflationary rate in Nigeria from 1986 to 2016. Quarterly and yearly secondary data sourced from CBN Statistical Bulletin 2016 and World Bank Development Index 2016 were used in this study. The Vector Autoregressive Model (VAR) was used for the estimation. The following variables were analyzed: Exchange Rate (EXR), Inflation Rate (INFR), Broad Money Supply (BMS, Interest Rate (INTR) and reserve ratio (RR). Total Adult Population (ADP) Bank Branches (BB) and Commercial Bank Deposits (CBD) were also used to assess the strength and weakness of monetary policy on inflationary rate in Nigeria through financial exclusion. However, it was found out based on co integration test that there is a long run relationship between the variables employed, the causality test shows a very weak transmission effect between the variables. More so the VAR estimates shows that, interest rate, broad money and reserve ratio are not statistically significant, but expectedly exchange rate is significant and therefore accounts for the variations in inflationary rate in Nigeria. In the same vein the impulse response function shows that exchange rate, inflation rate and money supply responded to shocks on interest rate though in different dimensions and finally, the assessment of financial exclusion shows that, the rate of exclusion has been decreasing overtime but still very high and far more than the rate of inclusion which has rendered monetary policy ineffective and inefficient in tackling inflation in Nigeria. Consequently, it was recommended that: The government should ensure proper coordination of policy instruments so that policy measures are can be transmitted or channeled in order to effectively meet and control target objectives especially inflationary rate in Nigeria. Also the government should ensure exchange rate stability and most importantly our multiple exchange rate system which is detrimental to our economy
INTRODUCTION Christianity, like every other religion, carries with it certain cultural imperatives. The terms "religion and culture" are often used in a rather confusing manner. Some use the two terms as if they were two sides of the same coin: that is, in contexts that suggest that religion is one half of a whole and culture the other half. Others use the two terms in a way that suggests an opinion that one could be interchanged with for the other; in other words, that religion and culture mean one and the same thing. Admittedly, Religion and Culture are related in a special way which is not easily discernible without a close examination. But it is hardly the case that any of the above understandings of religion and culture is exactly correct. The two terms can neither be used interchangeably nor can they be regarded as two parts of a single thing, rather one - that is religion is part of the other - culture.