List of social problems in nigeria and solutions top 10. Nigeria witnessed an unprecedented wave of mergers and acquisitions in its banking sector in the post1995 and 2009 periods as a result of regulatory mandates issued by the central bank of nigeria, aimed at strengthening the capital base of nigerian banks. Issues, prospects, problems and solutions sir francis chudi anaeto abstract this paper theoretically discusses the concept of rural development in nigeria. The social problems of nigeria would not be advisable to attempt to reduce all the varying social values to a type.
There are many factors that lead to the social problems in nigeria today. Crude oil has open a new doors to many politician as a new tools to steal money from government treasury. Aug 01, 2009 nigeria has witnessed major set back since the disovery of crude oil. Efficiency theories are the most optimistic about the potential of mergers for social benefits. Social issues in nigeria are an important thing that should not be neglected by the government and people. These changes have been influenced largely by the challenges posed by the.
Even though the new federal law on social health insurance lamal was. The researcher makes a problem statement, discusses the objectives of the study and issues of methodology. Curriculum response to social problems in nigeria oyeleke oluniyi centre for distance learning obafemi awolowo university ileife, nigeria aluko, olugbenga kehinde osun state college of education ilesa, nigeria abstract the paper focuses on the effectiveness of the response of the federal government of nigeria towards. The case of crime in nigeria 73 and health care rank low on the programs of these successive regimes, they largely favoured white elephant projects that reinforced poverty among a large section of nigerians. Social work and social development in nigeria issues. As articulated in the africa common position on human and social. Firms engage in mergers because they see a profitable opportunity. So what the government does is to introduced social welfare schemes to cater for social welfare need of members of the public, and i. This is due to the fact that the topic problems and prospects of financing smallscale enterprises in nigeria is a serious problem that need to be solved, and the solution will only come from those who are fully engaged in smallscale business because there would be able to give relevant information needed for the research work. An analysis of the impact of mergers and acquisitions on. To be sure, sometimes a transaction is styled as a merger of equals to address the lack of a premium. Each tribe in nigeria can still develop its social values and standards and purify them where necessary, but a closer understanding by others of why a certain tribe behaves.
The recent outbreak of bank mergers and acquisitions in nigeria is attracting. As economic problems lead to social tensions, it is youth that are the most powerful conduit of discontent. Odiunicef nigeria this research project was commissioned by unicef nigeria and the nigeria national planning commission, funded by unicef nigeria and unfpa, and carried out by odi and epri in. Nigeria s current situation neither requires divisions, nor any sort or form of dictations from either within or from outside the country. The dominance of pdp has been challenged by the merger of several. Challenges to economic growth in nigeria michael amati jose ardavin jeanette fershtman 14 may 2004. Pdf merger, acquisition and employees work attitude after bank.
May 19, 2004 addressing the islamist threat in nigeria requires strategies that strengthen nigeria s ability to counter foreign terrorist activity and fix the countrys underlying economic and security problems. Since nigeria became independent in 1960, weve had a lot of social changes. The governor of central bank of nigeria, professor charles soludo in defense of the new capital base of n25billion and consolidation by merger and acquisition did analysis of the position of the government of the federal republic of nigeria and their reform programme to have a banking system that will be a strong bedrock for economic building. In recent times, the economic depression in the world has affected many companies. Malaysia in 1970, both hugely dependent on oil both recently gained independence from. Poor planning on the part of the government such as delay in the making and implementation of the annual budget, setting high exchange rates and the likes gives rise to some of the major economic problem facing nigeria.
Pdf p the increasing wave of merger and acquisition in organizations. This country is young and it was created artificially after its decolonization. Major economic problems in nigeria today and solutions top 5. Poor planning on the part of the government such as delay in the making and implementation of the annual budget, setting high exchange rates and the likes gives rise to some. Impacts, gaps and challenges in social protection programming. Disillusionment in the face of joblessness is all the. Curriculum response to social problems in nigeria oyeleke oluniyi centre for distance learning obafemi awolowo university ileife, nigeria aluko, olugbenga kehinde osun state college of education ilesa, nigeria abstract the paper focuses on the effectiveness. It predicted a bright future for social welfare and social work in nigeria because of the myriad of problems that would crop up in future in nigeria due to rapid urbanization and this would bring about social problems which would have to be dealt with by trained social workers. National integration is the term used when the citizens of a country are conscious of the fact that t.
Restructuring, only solution to nigerias current problems okonkwo restructuring, only solution to nigerias current problems okonkwo on august 9. But over the years, the regions split into multiple parts which became s. Again, the solutions to nigeria s real problems does not need such a violent atrocities and damages that are already going on there. Dec 28, 2017 businesses face an uphill task in nigeria. Bank of nigeria for a 25 billion naira capital base by commercial banks in order to reposition and consolidate the. Pdf p the increasing wave of merger and acquisition in organizations are global. Analysis of performance pre and post consolidation of thirteen mega banks in order to consider if there had been improvements. This study which is a longitudinal and time series analysis of the impact of mergers and acquisition on the financial performance of two nigerian banks, united bank for africa uba and standard trust bank stb shall examine the financial period of 20002010 consisting 5 year premerger and 5 year postmerger years.
Nigerias current situation neither requires divisions, nor any sort or form of dictations from. Nigeria still struggles with having a national identity due to her differences. Causes and remedy money wont create success, the freedom to make it will. You can read the second prize winning essay here and the third prize winning essay here. Problems of national integration in nigeria 267 under the polity, be they classes or ethnic or interest groups, under some consistent national values or objectives in order to consolidate the unity of their people into one indivisible and indissoluble sovereign nation. Impact of merger and acquisitions on the financial. Umoren department of accounting and taxation, college of business and social sciences, covenant university, ota, ogun state. So what the government does is to introduced social welfare schemes to cater for social welfare need of members of the public, and i am going to name a few below as we continue. Analysts predict that nigeria will obtain the highest average gdp growth in the world in the next 40 years1. Major problems facing nigeria include corruption, poor governance, political instability, unemployment, population explosion, religious and ethnic conflicts, diseases and environmental degradation. Olokoyo department of banking and finance, college of business and social sciences. The nigerian local government system experience by onyishi, anthony obayi ph. Nigeria has witnessed major set back since the disovery of crude oil.
Internally displaced people idps in nigeria face social exclusion, and particular groups of idps, such. Effects of merger and acquisition on the performance of selected. Contemporary social problems in ghana in searchworks catalog. What do you expect likes attracts likes criminal leaders will breed criminal oriented citizens who will one day appoint criminals as leaders. National identity problem recently nigeria has celebrated its 55th independence anniversary. The solutions to nigerias real problems does not really need to be so complicated. This is the reason why the social system of nigeria is fraught with problems of which the first and foremost is. There has been conflict between the different ethnic groups over superiority. Major five major economic problems in nigeria today and solutions 1. Ever since this merger, the polity has been characterized by ethnoreligious politics which has. The political economy of social protection policy uptake in nigeria. Nigeria at the moment offers a lot of potential returns for investors.
Jul, 2017 there are many factors that lead to the social problems in nigeria today. Electricity supply is erratic, hence, most businesses have alternative supply of elect. Global company crisis how effective is the merger solution in nigeria eric a. Again, the solutions to nigerias real problems does not need such a violent atrocities and damages that are already going on there. In nigeria, we use to have three regions which are north, east and west. For nigeria to move forward you need to read my write up on how to solve nigeria problems. Case for mergers and acquisitions as instrument for banking soundness. In a study to identify human resource problems of mergers and. An assessment of government policies proceedings of academics world 46th international conference, dubai, uae, 29th30th september 2016, isbn. So, it would require a large scale to have sufficient organisational stamina and funds to overcome those problems. While a true merger of equals is often an ideal rather than a reality, the manner in which these social issues are addressed is often a function of the parties desire to reach the ideal. The report begins by looking at the global context in which social security schemes are now operating and the relevance of social security to the goal of decent work.
Even if we dont have internet, we will find a way to reach the web, said nnenna nwakanma, the africa regional coordinator for the u. Mergers may be profitable, but are they good for the economy. International journal of business and social research ijbsr, volume 2, no. Its published here with the kind permission of the author, my very good friend, abdul abdullateef olasubomi. Social science and associate dean for the social sciences at the university of oregon. Social protection in nigeria overseas development institute.
National integration is the term used when the citizens of a country are conscious of the fact that they have a common identity, regard themselves as one and work together to ensure the development of their country irrespective of differences in class, ethnicity, religion, political affiliations or. The special issue on behavioral and social science. Few topics in today nigeria deserve more attention than the pressing issue of youth employment. Solution to the transport system in nigeria 1problem relating to capital can be reduced through loans from banks and savings by people. Possible solutions to challenges in nigeria today soapboxie. But below is a list of some key factors that are the root of these problems.
Addressing the islamist threat in nigeria requires strategies that strengthen nigerias ability to counter foreign terrorist activity and fix the countrys. A journal of contemporary research, 83, 238252, 2011. Pdf the banking reform pronounced on the 6 th of july, 2004 had been a major wave. Even though nigeria has the largest economy in africa, there are still many problems that it faces. The solutions to the issues usually start with peoples own awareness and acknowledgment of the problem. However, at the same time, the country has seen extremely high and rapid increases in the poverty rate doubling in. The aim of this study was to evaluate the management of. The solutions to nigeria s real problems does not really need to be so complicated. Major economic problems in nigeria today and solutions. The consent of the board of the federal inland revenue service must be obtained for every merger and asset transfer in nigeria. Social protection policy and programmes in nigeria. There is no capital gains tax on the transfer of shares and this makes an acquisition by means of a transfer of shares more. Nelson mandela nigeria is africas most populous country with an estimated population of about 150 million and a land mass of 923,768 square kilometers which is more than twice the.
We have written about this under the list of social problems. It is not as if other countries cannot help in solving the problems in nigeria. Obasanjo seeks merger of mdas in states the guardian. For example, about 5 months ago, microsoft opened african development centre in lagos state to help nigerians. This article highlights the list of social problems in nigeria and their causes. Nigerias current situation neither requires divisions, nor any sort or form of dictations from either within or from outside the country. Analysis of performance preandpost consolidation by a. Many have helped as individuals and as a group to provide solutions but the truth is that both our individuals and governments do not want to adhere. The land is shared by a huge number of tribes and that plays the key part in shaping contemporary social problems for nigeria. In nigeria, 1995 surveillance reports that 96,100 citizens were estimated to be infected, while 1,092 of these were reported to have aids.
It is not possible for one government to suppress the social media of nigeria. As well, to build a new and better nigeria is not something that can be achievable by magic. Social problems are present in every country and they affect the daily lives of most of its citizens. D senior lecturer and the head of business law department, university of benin, benin city, nigeria. The evolution of social welfare and social work in nigeria. There is no capital gains tax on the transfer of shares and this makes an acquisition by means of a transfer of shares more tax efficient than the transfer of the targets assets. Addressing nigerias economic problems and the islamist. Having adopted this definition, the next fundamental question is what. It is my privilege and honour to give the give the keynote speech at the maiden edition of ckn news annual lecture which thematic focus requires us to reflect on the role of the social media in. Social protection in nigeria mapping programmes and their effectiveness v executive summary nigeria has experienced strong economic growth over recent decades. The issues involved, prospects, problems and solutions. These problems can only be solved when we know what they are.
Could be used for testing performance before and after economic, political or social policy. Social media plays key role in nigerian elections al. Umoren and olokoyo 2007 studied merger and acquisition in nigeria. It is the foundation of most of the social problems in nigeria today. Restructuring, only solution to nigerias current problems. In this post we look at the 10 problems of nigeria national integration and possible solutions. Capitalism must have a social face and a human soul to be.
Over 70% of the nigerian population live below two us dollars daily. Nigeria still underdevelop do to high level of corrupt politician. W estern europe at this period was swept w ith ravaging social chang es and associated social problems occasioned by twin. The social problems of nigeria eleazar obiakonwa enemo ntigeria is not only a recent creation, but it can with justice be called an artificial creation with a heterogeneous population.
298 855 1532 716 588 123 1237 801 551 801 661 1293 394 742 1217 667 1553 765 910 104 289 589 1348 858 1102 1156 1439 1460 299 1232 956