See History Of Nigeria Economic Development Below…. The current economic problem in our nation is often lamented and cursed as unendurable, as if it is peculiar to the nation alone. Similarly, the fiscal measures introduced by the government are looked upon as hindrances or impediments, which a few may consider as irrelevant and unnecessary impositions. Yet, […]
HISTORY OF THE NIGERIAN AIR FORCE The idea of establishing an air force for Nigeria was first mooted in 1961 following the nation’s participation in peace-keeping operations in Congo and Tanganyika (now Tanzania). During these peace-keeping operations, foreign air forces aircraft were employed to airlift the Nigerian Army Regiment to and from the theatres of […]
Originally Known As “mintonette,” Volleyball Was The Brainchild Of American William G. Morgan, Who Came Up With The Idea For The New Sport In 1895. Volleyball is a team sport in which two teams of six players are separated by a net. Each team tries to score points by grounding a ball on the other […]
See History Of Nigeria Deposit Insurance Corporation Below…. The history of Nigeria Deposit Insurance Corporation (NDIC) has its origin in the report of a committee set up in 1983 by the Board of Central Bank of Nigeria (CBN), to examine the operations of the banking system in Nigeria. The Committee in its Report recommended the establishment […]
The imperative of local government system was brought to the fore after independence in 1960. The three geo-political regions continued with the existing system. Each regions adopted the system it deemed fit for its peculiarity. The north continued with the native authority system which revolves mostly around traditional rulers while the west and east operated […]
See History Of Nigeria Democracy Below….. Democracy Day is a public holiday in Nigeria. It is held annually on May 29. This public holiday commemorates the restoration of democracy in the Federal Republic of Nigeria, when the newly elected Olusegun Obasanjo took office as the President of Nigeria in May 1999 ending multiple decades of military rule that began in 1966 and had been interrupted only […]
See History Of Nigeria Debt Below…. Following persistent budget deficits, Nigeria’s debt is now growing faster than the rate of Gross Domestic Product (GDP). Nigeria’s public debt data, which comprises federal and state governments debt combined, shows that debt has been growing at double-digit, compared to the growth of GDP at single digit. In 2013, debt […]