THE VALUE OF Money AND PURCHASING POWER

            THE VALUE OF MONEY Definition: The value of money is defined as the quantity of goods and services which a given amount of money can buy. In other words, the value of money refers to the purchasing power of money. When a certain amount of money can buy fewer goods and services, this will… Continue reading THE VALUE OF Money AND PURCHASING POWER

AGRICULTURAL CREDIT, AGRICULTURAL SUBSIDY AND INTEREST

MEANING OF AGRICULTURAL CREDIT, AGRICULTURAL SUBSIDY AND INTEREST (a) Agricultural credit Agricultural credits are loans obtained by the farmers to start or to expand his farming business. It is repayable over a period of time with some interest as determined by the source of the credit. Agricultural subsidy Agricultural subsidy refers to a non-refundable aid… Continue reading AGRICULTURAL CREDIT, AGRICULTURAL SUBSIDY AND INTEREST

AGRICULTURAL FINANCE AND CREDIT

MEANING OF AGRICULTURAL FINANCE AND CREDIT Agricultural finance is defined as the act of acquisition and use of capital in agriculture. In other words, it deals with the supply of and demand for funds in the agricultural sector of the economy. IMPORTANCE OF AGRICULTURAL FINANCE (i) It enables farmers to meet seasonal and annual fluctuations… Continue reading AGRICULTURAL FINANCE AND CREDIT

IMPORTANCE OF CROP IMPROVEMENT PROCESS

CROP IMPROVEMENT MEANING OF CROP IMPROVEMENT Crop improvement is defined as the science that deals with the development of crop varieties with superior quality quantity. In other words, crop improvement refers to the ways of developing and breeding of crop varieties are better than the existing varieties member of characters. As a result of the… Continue reading IMPORTANCE OF CROP IMPROVEMENT PROCESS

types of tax, direct and indirect taxes

           TYPES OF TAX IN NIGERIA There are two major types of tax. These are direct tax and indirect tax. In this very post I am going give deep description of the meaning of direct and indirect tax payment and collection process in Nigeria If you have questions bordering on the issues of tax collection… Continue reading types of tax, direct and indirect taxes