create account

Attitude of Federal and State Governments to Investments by mandate

View this thread on: hive.blogpeakd.comecency.com
· @mandate ·
$5.96
Attitude of Federal and State Governments to Investments
Equity investment has two types of attractions. The first is protection
against inflation. Secondly ordinary shares has been and probably winremain the most favourable means of maintaining the value of money against the background of the inflationary spiral. The reason is that ordinary shares reflect the increasing earnings of industries; earnings which have been boosted not only by greater effort and expansion by those industries but also to a considerable extent by inflation.

![pexelsphoto1037915.jpeg](https://files.steempeak.com/file/steempeak/mandate/RFznEhaP-pexels-photo-1037915.jpeg)

[Image Source](https://www.pexels.com/photo/women-wearing-white-long-sleeved-collared-shirt-holding-bitcoin-1037915/)


**Investment Climate**

Investment climate in Nigeria refers to all those things that help to motivate industrialists and others with money to invest. Industrialdevelopment in Nigeria has not been encouraging. Proposed expansion programmes by some companies are prunned down or in some cases suspended. A number of factors affect the investment climate of a country. These are:
(a) Government policies.
(b) Availability of accurate data and information for sound decision
making
(c) Availability of infrastructural facilities e.g. good road, network,
communications telephones, postal systems, power supply etc.


**Attitude of Federal and State Governments to Investments**


By the attitude of government to investment, is meant the policies
designed to stimulate the growth of investment and if possible appraise
whether such policies have positively enhanced the growth of investment over time or retarded it. It is relevant at this stage to mention that governments generally mean well in drawing their policies but the execution of these policies generally leave much to be desired.
The third and fourth national development plans revealed government's determined efforts to raise and improve the standard of living of the people of Nigeria. The earning has been divided into productive and non- productive sectors. The Federal Government had made massive invest-ments within the last five years in agriculture, manufacturing, housing, construction, petrol-chemical industries and steel projects. The purpose of these is mainly to make Nigeria self-sufficient in basic food supply, provide job opportunities and reduce the country's dependence on import of some raw materials for industry. Some fiscal incentives are

These are:

(a) Income Tax Relief for pioneer industries
(b) Duty free importation of farm machinery
(c) Investment allowance (currently 10%)
provided for investors wishing to go into the large scale agricultural
(d) Provision of carrying of losses forward in tax computations

The Central Bank credit guidelines to commercial and merchant banks reflect this. The preferred sector of the economy has been allocated 75% of total bank lending.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 63 others
properties (23)
authormandate
permlinkattitude-of-federal-and-state-governments-to-investments
categoryhive-175254
json_metadata{"app":"peakd/2020.09.4","format":"markdown","tags":["projecthope","leofinance","business","writing"],"links":["https://www.pexels.com/photo/women-wearing-white-long-sleeved-collared-shirt-holding-bitcoin-1037915/"],"image":["https://files.steempeak.com/file/steempeak/mandate/RFznEhaP-pexels-photo-1037915.jpeg"]}
created2020-09-14 18:46:12
last_update2020-09-14 18:46:12
depth0
children1
last_payout2020-09-21 18:46:12
cashout_time1969-12-31 23:59:59
total_payout_value2.566 HBD
curator_payout_value3.398 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,884
author_reputation123,230,126,296,165
root_title"Attitude of Federal and State Governments to Investments"
beneficiaries
0.
accountph-fund
weight2,500
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id99,627,007
net_rshares23,783,230,662,229
author_curate_reward""
vote details (127)
@hivewatchers ·
[Source](https://hive.blog/hive-190212/@mandate/investments-what-it-really-means)
Copying and pasting previous posts or significant parts of it could be seen as spam when:

- Reposting the same content without additional original content or significant changes
- Reposting content within the same payout window

Spam is discouraged by the community and may result in the account being Blacklisted.

Please refrain from copying and pasting previous posts going forward. If you believe this comment is in error, please contact us in [#appeals in Discord](https://discord.gg/ANDEQTC).
👍  ,
properties (23)
authorhivewatchers
permlinkqh7pzx
categoryhive-175254
json_metadata{"links":["https://hive.blog/hive-190212/@mandate/investments-what-it-really-means","https://discord.gg/ANDEQTC"],"app":"hiveblog/0.1"}
created2020-09-25 11:45:33
last_update2020-09-25 11:45:33
depth1
children0
last_payout2020-10-02 11:45:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length581
author_reputation616,559,617,248,338
root_title"Attitude of Federal and State Governments to Investments"
beneficiaries[]
max_accepted_payout0.000 HBD
percent_hbd10,000
post_id99,809,893
net_rshares3,288,271,304,568
author_curate_reward""
vote details (2)