Abstract
This research work studies the gross national income on consumption expenditure of the federal republic of Nigeria from 1992 – 2011
It is aimed at fitting a prediction equation for gross national income over consumption expenditure, gross national income over time, to forecast the future national income and to test significant difference between government and private final consumption expenditures.
To achieve these, the methods of analysis employed are regression and correlation analysis and student t – test
It was observed that there is a strong positive relationship between gross national income and consumption expenditure.
In conclusion, the research reveals that there is an increase of gross national income over the years under study.
The student t – test reveal that the total government consumption expenditure is different from that of private consumption expenditure.
Based on all these findings, necessary recommendations were made.
TABLE OF CONTENTS
Title page
Certification
Dedication
Acknowledgment
Table of content
Abstract
CHAPTER ONE
CHAPTER TWO
CHAPTER THREE
CHAPTER FOUR
CHAPTER FIVE
References
Chapter one
This research work employs the method of econometrics to evaluate the national output of the federal republic of Nigeria.
Econometrics is the application of statistical methods for testing and quantification of hypothetical economic relationship using data. It is with the aid of econometrics that we discriminate between competing economic theories and put numerical clothing onto the successful ones.
The central bank of Nigeria (CBN) was established by the central bank act of 1958, although legal banking of CBN recently rest mainly in the central bank of Nigeria degree no 24 of 20th June, 1991, which supersedes the acts.
The promulgation of the degree marked on important epoch because of the expanded powers conferred on the CBN to execute its primary functions as well as a collecting and using all aspects of needed statistics.
The central bank of Nigeria (CBN), in her process of executing this primary, functions returns, which are made to include both operational and administrative statistics.
These are processed to provide the balk of monetary statistics.
the role of finance in a developing country such as ours cannot be over emphasized. This is because finance is one of the major inhibiting factors in the transformation of our economy from the developing one to a modern industrialized society.
This study is carried out to aid the government in economic planning and to provide useful aids in judging achievement in economic growth through national income statistics.
the information used in this study is extracted from the central bank of Nigeria (cbn) financial and economic review of 1992 – 2011.
The study was to cover gross national income and consumption expenditure meant of the federal republic of Nigeria.
Basically, econometrics methods of analysis would be employed on the economic variables in evaluating their performances based on the information collected.
Terms of Use: This is an academic paper. Students should NOT copy our materials word to word, as we DO NOT encourage Plagiarism. Only use as a guide in developing your original research work. Thanks.
Disclaimer: All undertaking works, records, and reports posted on this website, eprojectguide.com are the property/copyright of their individual proprietors. They are for research reference/direction purposes and the works are publicly supported. Do not present another person’s work as your own to maintain a strategic distance from counterfeiting its results. Use it as a guide and not duplicate the work in exactly the same words (verbatim). eprojectguide.com is a vault of exploration works simply like academia.edu, researchgate.net, scribd.com, docsity.com, course hero, and numerous different stages where clients transfer works. The paid membership on eprojectguide.com is a method by which the site is kept up to help Open Education. In the event that you see your work posted here, and you need it to be eliminated/credited, it would be ideal if you call us on +2348064699975 or send us a mail along with the web address linked to the work, to eprojectguide@gmail.com. We will answer to and honor each solicitation. Kindly note notification it might take up to 24 – 48 hours to handle your solicitation.