Advancement of Global Peace Building from the Periscope of Kant’s Philosophy of Perpetual Peace

The topic of discourse titled “Advancement of Global Peace Building from the Periscope of Kant‟s Philosophy of Perpetual Peace” is centered on the clarion call for the placement of the study of Arts and Humanities at the forefront of human existential candescence. Global peace is a phenomenal thrust in Arts and Humanities, which if jettisoned could affect our existence. Within this frame of conception, Kant‟s Philosophy of perpetual is examined in Arts and Humanities to proffer to solution to man. Kant‟s perpetual peace as an expository and critical adumbration reveals the indispensability of Arts and Humanities in all facets of man‟s endevours. Kant‟s indulgences in the philosophy of perpetual peace was a call for nations and individuals to pursue peace and build on it for existential benefits and global peace. His insistence on “love, virtuous duty to others and respect” where founded on dignity on man. The objective of the work is to reemphasis that within the ambience of Kant‟s philosophy of peace adequate interest into ought to be placed to the study of Arts and Humanities. Contemporaneously, man has experienced terrorism, kidnappings, wars and other forms of conflicts which has impeded peace building and universal harmony. The critical and analytical methods of philosophy as reflected in this work educe that through the instrumentality of Arts and Humanities, advancement of global peace is a possibility through Kant‟s perpetual peace. Man therefore needs and desire peace, build on peace for continuous enjoyment of nature‟s beneficence

Jesus Christ the philosopher: An exposé

Rarely do philosophers and scholars endeavour to examine Jesus Christ‟s teachings from the perspective of philosophy this is because it is presumed that Christ‟s teachings fall within the ambience of religion and theology.Philosophy as a discipline of study has been misunderstood and most times characterized by abstract considerations. This article titled: Jesus Christ the Philosopher:An Expose'brings out the fact that some teachings of Jesus Christ are and ought to be understood as being philosophical. The article looks at Jesus as a historic person, exclusive of post-resurrection Jesus Christ which is fundamentally an issue of faith. The main objective of this work is to uncover, expose and write on the teachings of Jesus Christ which are philosophical. Certain areas of philosophy inherent in Christ teachings are in the areas of Social Philosophy viz: Leadership Philosophy, Philosophy of Peace and Conflict Resolution, Ethics and Virtue Ethics and Law. The conclusion of this article is that Jesus Christ‟s teachings are philosophical and thereby captures Jesus Christ as a philosopher

Capital Market as a Barometer for Development: Its Impact and Contribution to Nigerian Economy 1991-2011

This focuses on the influence of Nigerian capital market in economic development of Nigerian. One hypothesis was formulated to guide the study. The dependent variable in this hypothesis was economic development measure by gross domestic product (GPD) while the independent variables include: market capitalization (MKTCAP), total new issues (TNI), number of listed securities (NLS), number of quoted companies (NQC), value of transaction (VT), and turnover Ratios TR. The ordinary least square (OLS) technique was employed to estimate co-efficient of the variables of the multiple regression models based on the time series data collected from the Nigerian stock Exchange, Securities and Exchange Commission, Central Bank of Nigeria and federal office of statistics. The findings reveal a significantly relationship between dependent variable (economic development) and independent variables such as, total new issues and number of quoted companies, whereas market capitalization number of listed securities, value of transactions and turnover ratios showed wrong signs. It was therefore recommended that government should put more effort in developing active issues and motivating local and foreign companies and individual investors to patronize the market by way of raising funds for investment and productive purposes

The Effects of Materiality Concept on Auditing Practices and Decision Making

This study aimed at investigating the effects of materiality concept on auditing practices and decision making, a case study of Cross River State, Nigeria. The purpose of the study was to examine the effects of the types of materiality, component and performance materiality on auditing practices and decision making. To be able to examine the relationship, two research hypotheses were posed and tested at 0.05 level of significant. The statistical tool used for the analysis was ordinary least square (OLS) method with the aid of SPSS 20 due to its versatility. The results obtained from the study showed that component materiality has a positive relationship with auditing practices and decision making in organizations. The result further showed that performance materiality does not significantly affect audit practices and decision making. Based on these findings recommendations were made to support auditing practices and decision making as a whole

An Empirical Investigation of the Effect of Taxation on Macroeconomic Performance in Nigeria

The main objective of this paper is to critically investigate the impact of taxation on the macroeconomic performance of the Nigerian economy ranging from 2002 to 2011. Ordinary least squares regression method was applied in analyzing obtained data. Result obtained showed that government earnings from taxation has positive significant effect on real gross domestic product in Nigeria;  government revenue from taxation has negative significant influence on unemployment rate in Nigeria; and that petroleum profit tax has negative significant effect on real interest rate in Nigeria. The implication of the above study shows that revenue generation from taxation enhances economic growth and that changes in taxation, automatically will affect individuals real standard of living (GDP), employment rate and interest rate. In view of above findings, the Researcher recommends that: the current draft national policy should be passed into law by the National Assembly so as to make it a working document; the government should consider taxpayers and other key stakeholders’ interest in fiscal policy formulation and implementation in order to achieve improved tax compliance rate in the country and that government needs to improve the revenue allocation system so as to boast the taxation drive by the different tiers of government. Keywords: Unemployment rate; taxation; Gross Domestic Product (GDP); Petroleum Profit Tax (PPT); Interest Rat

Empirical Assessment of the Efficiency of the Nigerian Tax System

This study investigated the efficiency of the Nigerian tax system. In order to direct the job, two research hypotheses were formulated. The hypotheses were -stated thus, economic activities have no significant positive relationship on direct taxes (proxied by the Petroleum Profit Tax - PPT) and economic activities have no significant positive relationship on the amount of money taken in indirect taxes (mirrored by the Customs and Excise Duty-DUTY) of the Nigerian government. Ex-post facto research design was adopted for this study. Secondary data on the major variables were collected from the various issues of statistical bulletin of the Central Bank of Nigeria (CBN) spanning from 1970-2013. Data collected were analyzed using Ordinary Least square multiple regression analysis. Results of the findings revealed that there existed a significant difference between economic activities and direct taxes proxy PPT and there existed a significant relationship between economic activities and indirect taxes proxy customs and excise duties taxes. It was therefore recommended that the government should withdraw from several economic activities that the private sector is able and willing to provide more efficiently. There is also the need to streamline the quantum and sequencing of implementation of public sector projects. Finally, a significant reduction in public waste evidenced by the large number of abandoned projects all over the country will effectively contain the fiscal problems. Keywords: Direct taxes, efficiency, indirect taxes, tax syste

The Impact of Environmental Accounting and Reporting on Organizational Performance of Selected Oil and Gas Companies in Niger Delta Region of Nigeria

This study examines the impact of environmental accounting and reporting an organizational performance with particular reference to oil and gas companies operating in the Niger Delta Region of Nigeria. The study was conducted using the Pearson’s product moment correlation co-efficient. The elements were selected by means of random and stratified sampling technique. Data were gathered from primary and secondary sources. Data collected were presented using tables and analyzed using the Pearson’s product moment correlational analysis. It was found from the study that environmental cost has satisfied relationship with firm’s profitability. It was concluded that environmentally friendly firms will significantly disclose environmental related information in financial statements and reports. The study recommended that firms should adopt a uniform method of reporting and disclosed environmental issues for the purpose of control and measurement of performance and that accounting standards should be published locally and internationally and reviewed continually to ensure dynamism and compliance to meet environmental and situational needs. Keywords: Environmental Account, Environmental Cost, Environmental Impact,  Environment Report, Financial Informatio

An Empirical Investigation of the Effect of Taxation on Macroeconomic Performance in Nigeria

The main objective of this paper is to critically investigate the impact of taxation on the macroeconomic performance of the Nigerian economy ranging from 2002 to 2011. Ordinary least squares regression method was applied in analyzing obtained data. Result obtained showed that government earnings from taxation has positive significant effect on real gross domestic product in Nigeria;  government revenue from taxation has negative significant influence on unemployment rate in Nigeria; and that petroleum profit tax has negative significant effect on real interest rate in Nigeria. The implication of the above study shows that revenue generation from taxation enhances economic growth and that changes in taxation, automatically will affect individuals real standard of living (GDP), employment rate and interest rate. In view of above findings, the Researcher recommends that: the current draft national policy should be passed into law by the National Assembly so as to make it a working document; the government should consider taxpayers and other key stakeholders’ interest in fiscal policy formulation and implementation in order to achieve improved tax compliance rate in the country and that government needs to improve the revenue allocation system so as to boast the taxation drive by the different tiers of government. Keywords: Unemployment rate; taxation; Gross Domestic Product (GDP); Petroleum Profit Tax (PPT); Interest Rat

An Analysis of the Extent of Implementation of Environmental Cost Management and Its Impact on Output of Oil and Gas Companies in Nigeria, (2001-2010)

This study was set out to critically analyzed the extent of implementation of environmental cost management and its impact on output of oil and gas companies in Nigeria from 2001 to 2010. The paper was aim at ascertaining the extent to which implantation of environment cost management has impacted on the oil and gas industries in Nigeria. Using multiple regression analytical technique," data from the central bank of Nigeria (CBN) and Environmental Impact Assessment Agency were obtained. Findings revealed that there exist a significant relationship between the parameters that influence environmental cost management and output of oil and gas produced in Nigeria. Also, it was discovered that there are no established standards in Nigeria guiding environmental cost management in the oil and gas industries in Nigeria. Again there is a lacuna in external reporting of environmental cost data in Nigeria. It was concluded that the extent of environmental cost management in the oil and gas industries is at  its rudimentary stage. It was however recommended inter alia that; there should be improvement in external reporting of environmental cost data in the oil and gas industries in Nigeria. And the adoption  of the United Nations Environmental cost Management Accounting (ECMA) guidelines which will enhance the formulation of a Generally Accepted Accounting Principles (GAAP) in Nigeria, which will evolve environmental cost management accounting practice. This will facilitate the global campaign for environmentally enhanced society.   Keywords: Social contract, Eco-efficiency, Environmental quality cost, Environment pollution prevention costs,                          Environmental internal failure costs, Environmental external failure costs, Environmental detection cost

Martin Luther King Jr’s Theory of Nonviolence in Conflict Resolution

This article on Martin Luther King Jr examines the power of non-violence philosophy in conflict resolution. Before Luther King Jr philosophy of non-violence, Jesus Christ, Mahatma Gandhi, Leo Tolstoy and other advocates of peace had vigorously pursued non-violence as the only tenable and acceptable paradigm in conflict resolution. In this essay, Martin Luther King Jr. is shown to be deeply influenced by his moral and spiritual background upon which his father had endowed upon him. For Luther King Jr, the racial discrimination experienced in Montgomery can only be defeated by non-violence and nothing more, for violence begets violence upon which continuous use of violence leads to the vicious circle of violence. The essay concludes that human beings ought to use non-violence in conflict resolution especially in the face of dehumanization and racial discriminatio