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DATA PROBLEMS IN THE REAL SECTOR AND HOW TO SOLVE THEM

Evbuomwan, Grace O. (1993) DATA PROBLEMS IN THE REAL SECTOR AND HOW TO SOLVE THEM. In: THE SECOND ANNUAL CONFERENCE OFZONAL RESEARCH UNITS ORGANISED, 2ND - 4TH JUNE, 1993, GATEWAY HOTEL, ABEOKUTA, OGUN STATE.

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Abstract

Data as defined by a dictionary: 1 are facts given, from which others may be inferred. ln other words data can be seen as basic element of information which when processed and structured, supply other information which aid policy makers in their short-term operational and long-term strategic plan formulation, decision-making, monitoring and evaluation process. Thus the importance of data for the purpose of planning and monitoring socio-economic and political activities at both the macro and micro levels of any society cannot be over-emphasized. The Central Bank of Nigeria in its role as a principal advisory organ to the Federal Government of Nigeria generates and gathers a lot of data and info rmation for the purpose of monitoring, appraising and evaluating developme nts in the various sectors of the economy. The Real Sector Division of the Research Department, Central Bank of Nigeria is charged with the responsibility of monitoring and evaluating developments in the productive sectors of the economy. These functions are carried out by the four offices in the Division, namely: Agr icultural Studies office, the Industrial Studies office, the Economic Conditions office and the Social Sectors Studies office. A brief exposition on the functions of these four offices gives an insight into the enormous data needs of this very large division of the Research Department.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HG Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Hannah Akinwumi
Date Deposited: 23 Feb 2018 08:37
Last Modified: 23 Feb 2018 08:37
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/10245

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