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Economics-SS1 Third Term

last update on: 07/30/2025

In this term , learners should look out for the following in detail. 

  1. Agriculture: Activities of marketing boards, agricultural reform programmes such as:
    • OFN – Operation feed the nation
    • RBDA: River Basin Development Authority
    • NAFPA: National Accelerated Food Production Programme
    • GRP: Green Revolution Programme
    • Establishment of Africa Development Bank
    • Provision of fertiliser improved seed e.g. Formation of cooperative society, improved storage facilities and provision of extension services.  
  2. Mining:
    • Components of Nigerian mining industry
    • Mineral types
    • Uses and location.
  3. Meaning of financial institution:
    • Meaning and segment of financial institution
    • Feature of banking and non-banking financial institution
    • Function of each institution and its importance.
  4. Meaning of financial institution:
    • Money and capital market
    • Benefits of capital market.
  5. Money:
    • Definition of money
    • Historical development of money
    • Functions of money.   
  6. Money:
    • Types of money (including credit card, value card etc)
    • Qualities of money
    • Characteristics of money.
  7. Channel of distribution:
    • Channel of distribution and process
    • Role of wholesaler
    • Roles of retailer.
  8. Channel of distribution:
    • Role of cooperatives
    • Role of government agencies in distribution
    • Problem of distribution and ways of improvement.
  9. Instruments of Business Finance:
    • Sources of fund for business
    • Basic instruments for business financing (shares, debentures and bonds)
  10. Instruments of business finance:
    • Meaning and types of shares
    • Debentures and other securities
    • Instruments of business finance
  11. Problems of business financing in Nigeria.