An ARDL Analysis of the Effect of Oil Price Fluctuations on Inflation in Nigeria (2010 - 2017)
ABSTARCT Nigeria is still largely dependent on crude oil to satisfy its oil needs since crude oil is animportant part of her economy. This dependency on crude oil triggers most macroeconomicindicators such as inflation to react to fluctuations in the world price of oil, making the economyvulnerable to fluctuations in the world oil price. This study therefore employs Auto RegressiveDistributive Lag analysis to examine the effects of oil price fluctuations on in...