Search and screen birds of the same feather, they say, flock together. In 1995, 60 out of 115 banks in nigeria were considered to be distressed umoh, 2004. Among those people are over 250 ethnic groups and tribes, each with their own. Besides, it is a joyous to migrate because migration meant. It is a status enhancing event, and thus fashionable to move chukwu, 2016. Nigeria is located in western africa with a population of over 180 million people as of 2016. Though the country is said to have three 3 major ethnic groups which are the igbo, yoruba and hausa, there are other minor ethnic groups that are also included in the federation. There are huge regional disparities in underfive mortality in nigeria. Nigeria is found in west africa and borders benin, chad, cameroon, and niger. Among the igbo ethnic group of southeastern nigeria, migration is essential to achieving perceived improvement of personal living standards or economic and social success. A chieftain of the all progressives congress apc, mr osita okeckukwu, says ethnicity, religious bigotry and corruption are the major factors militating against good governance in the country. Ethnic structure, inequality and governance of the public. Kamwe adamawa state and borno state republic of cameroon name of ethnic group state abayon cross river state. The global transaction report obtained by sweetcrude indicated.
Mar 26, 2015 the consent of the board of the federal inland revenue service must be obtained for every merger and asset transfer in nigeria. Geography nigeria is the most populous country in africa and accounts for over half of west africas population. Ethnic groups in nigeria, their languages and states. Nigeria has been wracked by periodic episodes of violence for decades. Ethnic group the two largest and most popular ethnic groups in northern nigeria are the hausa and fulani.
Ethnicity, religion, corruption undermine good governance. We hope to answer any question you might have about nigeria tribes here. In the intense religious and ethnic turmoil of contemporary nigeria, the specific situation of the numerous ethnic minorities in the country is hardly mentioned. The party won regional power in western nigeria while nigeria was still under british colonial rule. The vicechancellor, federal university, gashua in yobe state, prof. A questionnaire was administered to 200 nigerian business men and women of. There must be a consensusadidem and compatibility of objectives between the merging firms otherwise the merger will fail.
Depends on whether you are referring to horizontal or vertical mergers. Each ethnic group has its own constituted features which do not change and are consistently distributed within this group. Almost two thirds of its population 62 per cent are under the age of 25 years, and 43 per cent are under the age of 15. The origin, development, ethnic politics, impacts, postcolonial governance. Bauchi, borno, niger,taraba, jigawa, kaduna, kano, kastina, kebbi, sokoto with. The countrys 150 million people are divided about equally between christians and muslims and further splintered into about 250 tribes. Banks consolidation in nigeria covenant university.
Usg, acting through the office of the coordinator of power africa and trade africa and the united states ambassador in nigeria collectively, the participants. In nigeria, conflict between ethnic groups led to a. Managing ethnic and cultural diversity for national. Parties to a small merger may voluntarily notify the sec of the merger at any time. Nigeria in a letter dated 18th june, 1975, expressed its desire to channel assistance to the less favoured african countries through the facilities of the bank and, to this end, has. For banks, consolidation has increased interbank competition, demands for high returns on investment, a need to. One such area requiring immediate focus and investment is the power sector.
The full list of ethnic groups in nigeria, their culture, languages, states, and region they can be found. The independent national electoral commission inec has said that there is no merger application by political parties yet. There is abundant research evidence that culture affects negotiating styles. President barack obama launched the power africa initiative power africa on june 30, 20, during his visit to africa.
It has been estimated that nigeria has as much as 350 ethnic groups based on lingual classification. A merger or an acquisition is a method that is carefully planned to achieve a synergistic effect akinsulire, 2002. The consent of the board of the federal inland revenue service must be obtained for every merger and asset transfer in nigeria. Hence, the yoruba of the west in nigeria, the zulus in south africa. Multinational companies in nigeria spread across various platforms and line of production from oil and gas, telecommunications, health and wellness, consumables and so on and they boast some of the highest paid workforce in nigeria. In nigeria, the ethnic groups are occasionally fusions created by. Transnational corporation of nigeria plc or transcorp, is a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors. The national population commission npc of nigeria was established by the federal government in 1988.
Follow report log in to add a comment answer expert verified 2. Nominal gdp split, q1 2016 agriculture services manufacturing mining oil and gas 0. 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. It is also mandated to undertake demographic sample surveys, compile, collate and publish migration and civil registration statistics. The following is a nonexhaustive list of ethnic groups in nigeria. Modern nigeria emerged through the merging of two british colonial territories in 1914.
For this purpose, this paper is structured into five sections. The synergistic effect of mergers and acquisitions includes economics of scale. List of minority ethnic groups in nigeria nigerian infopedia. Panel data for the study was collected on four sample companies for the period of fifteen years. This paper is a survey of the current situation of minority ethnic groups in nigeria. It is a natural thing to find different social, economic and political groups. Multinationals also allows the opportunity of career expansion for employees and a very conducive working. Conglomerates companies were purposively selected for this study because they are the only sector on the nigeria stock exchange list that has carried out merger and acquisition which covered the period of. Jos, some 300 miles north of nigerias largest city, lagos, sits smackdab in the center of nigerias tumultuous middle belt, a socalled.
The action group was a liberal and, later, leftleaning political party which was supported largely by the peoples of the then western region of nigeria. These groups exist in order to promote their specific group interests and wellbeing. In october 1963, nigeria altered its relationship with the united kingdom by proclaiming itself a federal republic and promulgating a new constitution. The action group of nigeria ag which forms the government of the western region and the official opposition in the federal, eastern and northern legislative houses is the best organised, best. Obasanjo seeks merger of mdas in states the guardian. Nigeria has expressed its desire to contribute to the strengthening of african solidarity and economic independence. The dimensions of ethnicity, language and culture in nigeria nigeria. The reason why these tribes are referred to as the minority. In the east, issues of kidnapping by gang men remain also volatile in that region. The vice chancellor gave the advice at the 2019 annual lecture of the faculty of arts, lagos state university lasu on monday in lagos. Nigeria tribes and ethnic groups facts about nigeria. The roots of nigerias religious and ethnic conflict the. Nigeria has been referred to as the giant of africa, due to the large population and distinct economic achievements in comparison to countries that surround this land.
Ciforb country profile nigeria demographics nigeria has a population of 186,053,386 july 2016 estimate, making it africas largest and the worlds seventh largest country by population. Jun 07, 2018 the hausa ethnic group is the largest in niger, and the majority of the population 54. Recent statistics has shown that there is over 500 different tribes in nigeria. What is the fourth largest ethnic group in nigeria. Drivers of change component three output 28 prepared for dfid, nigeria final report roger blench mallam dendo 8, guest road cambridge cb1 2al united kingdom voice fax. Andrew haruna, has advised nigerian leaders against using language and ethnic differences as a political distraction to hinder national integration and development. There is no military solution to this insurgency, and the authorities should instead put the emphasis on demobilising militants, solving local conflicts, reinvigorating the economy and restoring public services.
National population commission of nigeria, commonwealth. Between ethnicity, nationality and development in nigeria. About 200 years after, the fulani came to northern 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. The hausa came around years ago and started trading centers and kingdoms. Nigeria has more than three hundred ethnic groups with several languages and dialects. Nigeria has been a wto member since 1 january 1995 and a member of gatt since 18 november 1960. Some merger actions are specified by law or by a regulatory body as was the case of recent bank consolidations in nigeria. The obatse cult activities in nasarawa state in north central nigeria remains so volatile. The different ethnic groups soon became connected because there were lots of marriages between them.
Nigeria from 89 as at june, 2004 to 25 in december, 2005. Multinational corporations and economic development in. It has the statutory powers to collect, analyse and disseminate populationdemographic data in the country. This page gathers key information on nigeria s participation in the wto. Stop using ethnicity to divide nigerians, vc charges. This pdf is a selection from an outofprint volume from the national bureau.
There are different social, economic and political groups. Merger, acquisition in nigeria, other african nations to. Nigeria was also among the least livable nations dike, 2012. Consequently, thispaper is intended to determine the extent to which multinational firms have spurred up economic development in nigeria. Abstract this exploratory study examines cultural characteristics of nigerian negotiators.
Cheap and abundant availability of power is a prerequisite for economic development, with the potential to have a multiplier effect on growth. While a region within the country has as high as 222 underfive deaths per live births, the rate is as low as 89 per live births in another region. For banks, consolidation has increased interbank competition, demands for high returns on investment, a need to retain highly skilled employees, and a. Nigeria is a country in west africa, that shares borders with niger republic in the north, chad on the southeast side, cameroon republic on the east, and the republic of benin to the west.
The hausa are one of the largest ethnic groups in all of africa and are scattered across west africa, with most making up the majority of the population in nigeria, as well as niger. Ukpo calls an ethnic group a group of people having a common language and cultural values 10. Challenges of mergers and acquisition in nigeria career. This category has the following 33 subcategories, out of 33 total. This paper investigates the consequences of the demo. From this demographic and historical starting point, nigeria has evolved a tripolar ethnic structure, which forms the main context for ethnic mobilization and contestation. Notification is mandatory for acquisitions involving companies with assets or turnover of n500,000,000 and above which do not qualify for the exemptions referred to in 1. Mergers and performance of conglomerates companies in nigeria. The amalgamation was an act of colonial convenience. The hausa people in niger speak the hausa language.
As nigeria constitutes a major market in africa, knowledge of what behavior to expect from nigerian negotiators can facilitate the negotiation process. Pages in category ethnic groups in nigeria the following 107 pages are in this category, out of 107 total. The struggle against boko haram in southeastern niger is increasingly sharpening local conflicts over access to resources. It also had appeal in the later southsouth and middle belt regions of the country. Multinational corporations and economic development in nigeria. Percentages calculated after rounding adjustments figure 2. Military spending and arms imports in five west african countries, briefing note, grip, 15. Department of political science and international relations, covenant university, p. Ethnic differentials in underfive mortality in nigeria.
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