Chevron Nigeria Limited (CNL) in collaboration with its Joint Venture (JV) partner,
the Nigerian National Petroleum Corporation (NNPC), is offering a number of
University Scholarship Awards to suitably qualified Nigerian students from all States
of the Federation. The scholarship program is a major component of our strategic
social investment in the development of education in Nigeria..
e-applications are invited from:
1. Full-time, SECOND YEAR (200 LEVEL) degree students studying any of the
under-listed courses in Nigerian Universities:
· Accountancy
· Agricultural Science
· Architecture
· Business Administration/Economics
· Computer Science
· Environmental Studies/Surveying
· Geology/Geophysics/Geo Informatics
· Law
· Mass Communication/Journalism
eligibility criteria
Applicants must:
· Have a minimum Cumulative Grade Point Average (CGPA) of 3.5
in a 5.0 grade system.
· Have a minimum of six O-level credits in one sitting.
2. The NNPC/Chevron Joint Venture is also offering scholarships specifically to
blind/visually impaired SECOND YEAR (200 LEVEL) degree students
studying any course in Nigerian Universities:
eligibility criteria
Applicants must:
· Have a minimum CGPA of 2.5 in a 5.0 grade system.
· Have a minimum of five O-level credits.
Eligible applicants should visit the website below to apply:
https://www.ormngr.com/jvawards
The current administrator of the NNPC/CNL JV scholarship program is Optimum
Resources Management (ORM).
deadline:
Applications close midnight of January 17th, 2022. Only successful
candidates will be contacted.
note:
· Only applications submitted through this web portal will be considered.
· There will be no computer-based test. Selection of successful candidates
will be based on a combination of academic indices from credentials
submitted by students.
· All interested students should submit accurate and complete information.
· Applicants for the NNPC/CNL JV National University Scholarship award
program are ineligible to apply for any other scholarship program sponsored
by Chevron Nigeria Limited (CNL), its joint venture partner, Nigerian National
Petroleum Corporation (NNPC) or any of its affiliates.
· Applicants and successful candidates are not required to make any payments
whatsoever. Application for NNPC/CNL JV National University
Scholarship program is free.
2022 AGBAMI
medical and engineering
professional scholarship awards
Medicine/Surgery
• Dentistry
• Pharmacy
• Engineering
Eligible applicants should visit the website below to apply:
https://www.ormngr.com/agbamiawards
Click on the link below to read the full advert
Management
Chevron Nigeria Limited, 2 Chevron Drive, Lekki
Peninsula, P.M.B. 12825, Lagos.
Discuss what you understand by the following?
1 importance of national income accounting?
National income accounting provides information on the trend of economic activity level. Various social and economic phenomena can be explained through the date, which helps the policymakers in framing better economic policies.or it helps in politics making and planning.it also helps in understanding and evaluating the performance of the economy.
2. There approach to national income accounting? The national income of a country can be measured by three alternative method:
a. Product method÷ product method is a method which measure domestic income by estimating the contribution of each producing enterprise to production in the domestic territory of the country during an accounting year.
b. The income method÷ the income method measures national income from the side of payments made to the primary factors of production in the from of rent, wages, interest and profit for their productive services in an accounting year.
c. Expenditure method÷ the expenditure method is a system for calculating gross domestic product (GDP) that combines consumption, investment, government spending, and net exports. The expenditure method may be contrasted with the income approach for calculated GDP.
3. Theories of consumption( at last four of five theories)o?
a. The absolute income hypothesis÷ in economics, the absolute income hypothesis concerns how a consumer divides his disposable income between consumption and saving. It is part of the theory of consumption proposed by economist John Maynard.
b. Relative income hypothesis÷ developed by James ouesenberry, the relative income hypothesis states that an individual’s attitude to consumption and saving is dictated more by his income in relation to others then by abstract standard of living; the percentage of income consumed by an individual depends on his percentile position within the income.
c. Th permanent income hypothesis÷ the permanent income hypothesis is a model in the field of economics to explain the formation of consumption patterns. It suggests consumption patterns are formed from future expectations and consumption smoothing.
c. Life cycle hypothesis÷ the life cycle hypothesis (LCH) is an economic theory that describes the spending and saving habits of people over the course of a lifetime. The theory states that individuals seek to smooth consumption throughout their lifetime by borrowing when their income is low and saving when income is high.
4. The multiplier? A multiplier is simply a factor that amplifies or increase the base value of something else. A multiplier of 2x for instance, would double the base figure. A multiplier reduce the base figure by half. Many different multipliers exist in finance and economics.
5. The acceleration principle? The acceleration principle is an economic concept in consumption and capital investment. It states what when demand for consumer goods increase, demand for equipment and other investment necessary to make these goods will grow even more.
Thank you for this opportunity
Thanks for the opportunity
You are welcome dear. I pray you will get it in Jesus name!