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
CHAPTER ONE
Introduction                                                                                     1
- Statement of problem                                                   2
- Research question                                                                  4
- Definition of the term                                                   4
- Objectives of the research                                             6
- Scope of the study                                                                  7
- 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 FOURÂ Â Â Â Â Â Â Â
4.1 Conclusion/recommendation                                            31
4.2 Recommendation                                                              31
Bibliography                                                                 33
