Our Archives

Call 08068929770 or 08122972656 for any enquiries.

Project Topic:

THE IMPACT ON NIGERIA IMPORT RESTRICTION ON THE ECONOMY 2001/2005

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 40 ::   Attributes: Data Analysis, abstract, table of content ::   1,580 people found this useful

Project Body:

TABLE OF CONTENT

CHAPTER ONE 

1.1              Statement of problem ND purpose of the study

1.2              Rational of the study

1.3              Significance of the study

1.4              Background of the study 

1.5              Definition of terms

CHAPTER TWO

Review of related literature

CHAPTER THREE

Hypothesis research design and methodology

3.1              Hypothesis

3.2              Sources of data

3.3              Location of data

3.4              Method of data collection

3.5              Limitation of study.

CHAPTER FOUR

Data presentation analysis and discussion of results of analysis.

Discussion of results of analysis

4.1              Data presentation

4.2              Data analysis

4.3              Discussion of results of analysis

CHAPTER FIVE 

Summary of findings conclusion and recommendation

5.1              Summary of findings

5.2              Conclusion

5.3              Recommendation

Bibliography 

CHAPTER ONE

INTRODUCTION

1.1       STATEMENT OF PROBLEM AND PURPOSE OF STUDY

most developing countries like Nigeria which depend more on importation  has been affected strongly due to the import restriction on the economy. For the fact that the standard of living of the economy is proportional to the rate of importation of goods into the country. One of the greatest impact of restricting importation in the country like Nigeria will be gradual declining of the standards of living. Which we known that its efficacy will result to many adverse effect such as increase the death rate fast decrease in population emigration and other effect which may come up later on the course of this project.

For this purpose this project seeks to identify the impact of Nigeria import restriction on the economy and to discus its effect on industrialization market and other commercial areas.  Also to ascertain the volume and the structures of these effect on the standard of living  of Nigeria citizens

1.2              RATIONAL OF THE STUDY    

This study if successful conducted and the recommendation can change the country we reduce  rending this can systematically attract the much needed condition to reduce poverty as regards impact of Nigeria import restriction the economy.

1.3              SIGNIFICANT OF THE STUDY

This topic the impact of Nigeria import restriction on  the economy is so  unque such that it is affecting both the economy and the masses in general.

To run with issue of import restriction through has both the good and bad effect or impact on this country of our.  Community to the bad impact it has led to increase in the cost of buying what was formal cheap to obtain hence has led to high cost of living.

Wherefore coming form the good impact it has cause our locally made good to be appreciated in our economy rather than run towards the foreign made one.

Hence this study will be of great importance to Nigeria the  economy general public student and every body that comes across  the material.  And will be of great usefulness to student that may want to go into the study.

1.4              BACKGROUND OF THE STUDY

The Nigeria economy has undergone structural changes in the past three decades form a predominantly agricultural economy in the 1960s to an economy mainly reliant on oil form the mild 1970 the result was that the consumption to rationalize imports when the oil boom gave way to an oil glut led to the emergence of trade arrears.  A growing debt burden also surface in the early 1990 as a result of jumbo loans acquired form the international capital market.

Most less developed countries including Nigeria have turned to import substitution policy in order to become self-sufficient and  to help develop indigenous industries that will need raw materials in order to production these products most of these imputs are not locally available.

Consequently the industries depends heavily on imported inputs of raw materials machinery capital equipment and general consumer goods it requires therefore a complementary development in the agricultural sector which provides the earning necessary to finance the minimum level of imports required to sustain the continued growth of the local industries.

Unfortunately the policies adopted to reserve the market for the domestic product primary tariffs is some how based in its effects against production for export countries who rely on import substitution as a means of developing their economics the system of protection is adopted and consist primarily of the use of import restrictions which take various forms including outright ban or total prohibition of imports high import duties or tariffs in the form of complicated customs administration or the placing of  specific commodities on license.  These restrictions are used either to shut out competition entirely or its give domestic producers a significant cost advantage our foreign producers the scope of this paper covers the year between 1995 and 1999 the focus as on the impact of restrictions or measures introduced by the federal government during these years and whether these measure have actually achieved their primary objectives.             

1.5              DEFINITION OF TERMS

There are various forms of instruments used for import restriction they include the outright ban or prohibition of import high import duty or tariff the imposition of import quotas foreign exchange control invisible tariff in the form of complicated customers administration or the placing of specific commodities on license.  These restriction are used either to shut out competition entirely or to give domestic producers significant cost advantage our foreign producers hence they are  professionalist mechanism applied by government to achieve some policy objective import restrictions restrain the amount in (value or quality) of a commodity to be imported to curtain the value of imports in order to correct disequilibria in the balance of payments protest industries from foreign competition reduce unemployment prevent dumping of foreign goods in Nigeria market and consist of the following.

(a)        BANS OR PROHIBITIONS: A banned commodity is a commodity whose distribution and consumption in a country is prohibited they are particularly foreign commodities or commodities/ deemed to be harmful to the citizen e.g. cocaine and wheat are banned from being imported into the country. Anyone caught importing such a good is a smuggler and is pursuable by law.

(c)        IMPORT DUTY/TARIFF: They are taxes imposed on goods imported into a country by the government of the importing country the primary aim is to discourage imports while the secondary aim is that it serves as a government revenues the three types of this duty consists of Advalorem-tax on he value of the good in question of the good in question.  Compound- a combination of the aspects of both duties above.

IMPORT QUOTA

Here a specific amount of a commodity is imported free if any duty while imports above that amount are levied on import duty there is not revenue accrued by the government unlike the tariff.

IMPORT LICENCE  

Some specific commodities are placed on licence so that the number of people will be importing the commodity will be produced the commodity can only be imported by those who gave the licence.

COMPLICATED CUSTOMS ADMINISTRATION

These are invisible tariffs it emphasizes the formulates that an importer must go through and the conditions that must be satisfied before he qualifies as an importer these process are usually disclosed to him bankers which is the must important intermediary in international trade.   


Get The Complete Project »

Project Department:

MORE BANKING AND FINANCE FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

Instantly Share this Project On Social Media:

CLOSELY RELATED BANKING AND FINANCE FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

A CRITICAL ANALYSIS ON THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis  ::   3776 engagements

ABSTRACT This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used a...Continue reading »

A STUDY ON THE ACCEPTANCE AND ADOPTION OF THE CBN CASHLES POLICY IN PORT HARCOURT, NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   2795 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY One of the prerequisites for the development of national economy according to Ajayi et al, 2006 is by encouraging a payment system that is secu...Continue reading »

A STUDY ON THE IMPACT OF BUDGETARY CONTROLS ON THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIDELITY BANK PLC)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   3018 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY AND PROFILE OF THE ORGANIZATION Following the uncertainties prevailing in the Nigerian business environment today, managers and stakeholders mu...Continue reading »

ANALYZING PERFORMANCE APPRAISAL TECHNIQUES IN UNION BANK NIG PLC

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   7330 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY In any evaluation of the condition necessary for the growth and survival of an organization, the role of performance appraisal is a strategic f...Continue reading »

AUDIT INDEPENDENCE: ENHANCING ACCOUNTABILITY AND TRANSPARENCY IN CORPORATE ORGANIZATIONS

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   2434 engagements

CHAPTER ONE INTRODUCTION 1.1. Background of the study The subject of transparency and accountability in modern day corporate organizations has continued to receive attention as never before. It has b...Continue reading »

CREDIT MANAGEMENT AND ISSUES OF BAD DEBTS IN COMMERCIAL BANKS IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 68 ::   Attributes: Questionnaire, Data Analysis,Abstract

The article on this topic (credit management and issues of bad debts in commercial banks in Nigeria) is an extract from literature review of the project material. The complete project work would be ma...Continue reading »

What are you looking for today?

TESTIMONIALS:

  • 1. Mohammed A.B from Veterinary Laboratory, Zanzibar ,Tanzania said "You are doing good job to assists in research. God bless you.".
    Rating: Very Good
  • 2. Grace Madu from IMT enugu said "Thank you so much; i will tell my friends about you guys!!! Please give them a good job just like mine!!! God bless you!!!".
    Rating: Excellent
  • 3. Favour Adeoti from Unimaid said "For the good deeds and help to students like me, may God almighty continue to bless u and empower you to do more. Thank u very much...".
    Rating: Excellent
  • 4. Saddiq Abubakar Shuaibu from ESAE BENIN UNIVERSITY said "I check your site because I want you to help do this project thank you".
    Rating: Excellent
  • 5. Temitope Olumide from UAM makurdi said "I can not believe i could trust online platforms but you prove to me that there are still some good people out there. Thank you Mr Donald".
    Rating: Excellent
  • 6. Topeola Atinuke from the bells said "hmmmm, not sure yet about all dis comment still working on dem yet....tank u".
    Rating: Average

Paper Information

Format:ms word
Chapter:1-5
Pages:40
Attribute:Data Analysis, abstract, table of content
Price:₦3,000
Get The Complete Project »

Best Selling Projects

Our Archives