Why did our Founding Fathers create the Constitution and how is it relevant to our country today? To begin, prior to the creation of the Constitution, the Articles of Confederation was the main document that the people of the United States abided by. The Articles of Confederation was not a well-liked document and therefore, it is not well-known today. This document posed many ongoing issues and challenges for the growing United States. First of all, it granted the states an overarching amount of
being decided by people. James Madison is quoted with saying “If men were angels, no government would be necessary. In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place oblige it to control itself.” By saying this, he means that, since no one is perfect, there is the need for a government to keep people in line and help to keep
war ends, there was a rise in world oil price and Nigeria benefited immensely from this rise. Nigeria became a member of the organization of petroleum exporting countries (OPEC) in 1971 and the Nigerian National Petroleum company (NNPC) which is a government owned and controlled company was founded in 1977. By the late sixties and early seventies, Nigeria had attained a production level of over 2 million barrels of crude oil a day. Although there was a drop in production of crude oil in the eighties
CHAPTER ONE GENERAL INTRODUCTION 1.1 BACKGROUND OF STUDY Nigeria, the most populous black nation in western Africa is popularly known for her dominant source of revenue, crude oil with oil revenue as the main stay of the Nigerian economy, volatility in the price of oil are to a large extent of prime interest to economist. According to Adeniyi et al (2004), exchange rate appreciate in response to rising oil prices and depreciates in response to falling oil prices in oil producing exporting
about the nationalization of the banking industry. Indira Gandhi, the then Prime Minister of India, expressed the intention of the Government of India in the annual conference of the All India Congress Meeting in a paper entitled ‘Stray thoughts on Bank Nationalization.’ The meeting received the paper with enthusiasm. Thereafter, her move was swift and sudden. The Government of India issued an ordinance (‘Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969’) and nationalized
Acknowledgments I want to acknowledge several people who have given many hours of their time and expertise in helping me make this project a reality. One is Barbara Crafton, whose advice, support, and depth of life and ministry I greatly appreciate. She walked me through this process with clarity and gentle prodding and deftly critiqued the manuscript. I owe an enormous debt of gratitude to Sue Stanley, who labored for many months typing the various changes in the text. Her patience, humor, and generosity