THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA

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 pageII

Approval pageIII

DedicationIV

AcknowledgementV

AbstractVI

Table of contentVII

CHAPTER ONE

Introduction1

1.1Statement of problem2

1.2Research question4

1.3Definition of the term4

1.4Objectives of the research6

1.5Scope of the study7

1.6Limitations of study8

CHAPTER TWO

An overview of Nigerian monetary policy11

2.1 Administration of monetary policy13

2.2 Objectives of monetary policy14

2.3 Instruments of monetary policy15

2.5 Inflation in Nigeria18

2.6 Types of inflation20

2.7 Causes of inflation21

2.8 Monetary policy as control measure in Nigeria25

CHAPTER THREE

Research design and methodology29

3.1 Sources of secondary data29

3.2 Method of investigation30

3.3 Sampling procedure30

CHAPTER FOUR

4.1 Conclusion/recommendation31

4.2 Recommendation31

Bibliography33

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APA

Ugwu, A. (2018). THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA. Afribary. Retrieved from https://tracking.afribary.com/works/the-effectiveness-of-monetary-policy-in-controlling-inflation-in-nigeria-5931

MLA 8th

Ugwu, Anderson "THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA" Afribary. Afribary, 29 Jan. 2018, https://tracking.afribary.com/works/the-effectiveness-of-monetary-policy-in-controlling-inflation-in-nigeria-5931. Accessed 07 Apr. 2025.

MLA7

Ugwu, Anderson . "THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA". Afribary, Afribary, 29 Jan. 2018. Web. 07 Apr. 2025. < https://tracking.afribary.com/works/the-effectiveness-of-monetary-policy-in-controlling-inflation-in-nigeria-5931 >.

Chicago

Ugwu, Anderson . "THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA" Afribary (2018). Accessed April 07, 2025. https://tracking.afribary.com/works/the-effectiveness-of-monetary-policy-in-controlling-inflation-in-nigeria-5931

THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA

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