THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA

  • Type: Project
  • Department: Accounting
  • Project ID: ACC2326
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 38 Pages
  • Methodology: Simple Percentage
  • Reference: YES
  • Format: Microsoft Word
  • Views: 914
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853
ABSTRACT
This research work was embarked to aid you to study the effectiveness of monetary policy in controlling inflation in Nigeria. The need to the study was informed by the tend inflationary growth over the years and also the impact of the inflation in achievement of the four basic economic growth, price, stability, high level of employment and low inflationary rate for favourable balance of payment. Many research works have been carried out on this issue previously but despite all the good policies of government and its agent, these goals have remained elusive over the years. There was therefore a need for a study on these sensitive issues. For the purpose of this study, data was gathered through the secondary source, which includes money supply, gross domestic product and the inflationary rate for a period.

TABLE OF CONTENT
Title page II
Approval page III
Dedication IV
Acknowledgement V
Abstract VI
Table of content VII

CHAPTER ONE
Introduction 1
1.1 Statement of problem 2
1.2 Research question 4
1.3 Definition of the term 4
1.4 Objectives of the research 6
1.5 Scope of the study 7
1.6 Limitations of study 8

CHAPTER TWO
An overview of Nigerian monetary policy 11
2.1 Administration of monetary policy 13
2.2 Objectives of monetary policy 14
2.3 Instruments of monetary policy 15
2.5 Inflation in Nigeria 18
2.6 Types of inflation 20
2.7 Causes of inflation 21
2.8 Monetary policy as control measure in Nigeria 25

CHAPTER THREE
Research design and methodology 29
3.1 Sources of secondary data 29
3.2 Method of investigation 30
3.3 Sampling procedure 30

CHAPTER FOUR
4.1 Conclusion/recommendation 31
4.2 Recommendation 31
Bibliography 33

THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Accounting
  • Project ID: ACC2326
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 38 Pages
  • Methodology: Simple Percentage
  • Reference: YES
  • Format: Microsoft Word
  • Views: 914

500
Leave a comment...

    Related Works

    ABSTRACT This paper investigated the effectiveness of monetary policy in controlling inflation in Nigeria using secondary annual data spanning from 1981 to 2019. Money Supply, Treasury bills rate, monetary policy rate and exchange rate were the variables used in the study to check inflation. The paper employed cointegration method to check for the... Continue Reading
    The Effectiveness Of Monetary Policy Tools In Controlling Inflation In Nigeria  ABSTRACT The study examined the effectiveness of monetary policy in controlling inflation in Nigeria.  In the model specified, inflation is the regress and while cash reserved requirement, liquidity ratio, money supply, minimum rediscount rate and interest rate are... Continue Reading
    INTRODUCTION Nigeria still presents a clear reflection of the third world economy in which the growing economy has some working machinery, monetary and fiscal policies that aimed towards maintaining a balance in the entire economy so that growth and development, which is the ultimate goal of every economy, is realized. Generally, monetary policy... Continue Reading
    INTRODUCTION Nigeria still presents a clear reflection of the third world economy in which the growing economy has some working machinery, monetary and fiscal policies that aimed towards maintaining a balance in the entire economy so that growth and development, which is the ultimate goal of every economy, is realized.      Generally, monetary... Continue Reading
    INTRODUCTION Inflation has become a significant problem for Africa and Nigeria in particular during the past twenty years. Since the first oil shock in the mid-1970s, African inflation rates have averaged more than 15 percent a year. For Sub-Saharan Africa, the average inflation rate has been closer to 20 percent a year. A few Sub-Saharan... Continue Reading
    INTRODUCTION Inflation has become a significant problem for Africa and Nigeria in particular during the past twenty years. Since the first oil shock in the mid-1970s, African inflation rates have averaged more than 15 percent a year. For Sub-Saharan Africa, the average inflation rate has been closer to 20 percent a year. A few Sub-Saharan... Continue Reading
    THE IMPACT OF MONETARY POLICY IN CONTROLLING  INFLATION IN NIGERIA CHAPTER ONE 1.0      INTRODUCTION Monetary policy entails the government policies aimed at changing the quantity of money or credit condition for example, open market operation or changes in required reserved ration etc. Monetary policies involves changes in the quantity of... Continue Reading
    (1980- 2006) ABSTRACT The Nigerian economy is aiming to have the sustainable growth path. Through the International Monetary Fund (IMF) the government can adopt the comprehensive Structural Adjustment Program (SAP). Nigeria has a structural and sectoral... Continue Reading
    ABSTRACT The Nigerian economy is aiming to have the sustainable growth path. Through the International Monetary Fund (IMF) the government can adopt the comprehensive Structural Adjustment Program (SAP). Nigeria has a structural and sectoral macroeconomic... Continue Reading
    ABSTRACT This study is designed to empirically analyze the effectiveness of monetary policy as a tool for controlling inflation in Nigeria. To investigate on this, hypothesis were formulated as follows:           Ho: Monetary policy measures... Continue Reading
    Call Us Get this work