Performance Appraisal Of Monetary Policy Of Central Bank Of Nigeria
INTRODUCTION
I.I BACKGROUND OF THE STUDY
Before the establishment of the Central Bank of Nigeria the West African Currency Board (WACB) which was established in 1912 had the responsibility for issuing legal tender currency. The WACB was set up to promote the financing of the export trade. It was the duty of WACB to issue West African currency. The exchange of existing currencies and the investment of reserves.
The reserve were invested in Britain and this is in a way facilitated Nigeria’s international payments. However because the WACB was linked to the British system it could not engage in monetary management neither Nigerian trained in the art of monetary management.
In order to promote the growth of the domestic money and capital markets. There by eliminating this deficiency. The Central Bank of Nigeria was established in 1958 and it commenced business on 1st July 1959.
The central bank of Nigeria formulates monetary proposal in a memorandum which is sent to the government through the minister of finance. Taking into consideration the views and suggestions of the banking community and other business interest and interested public groups and other business interest and interested public groups and individuals.
Monetary policy in Nigeria is conducted by the Central Bank of Nigeria set up under the Central Bank of Nigeria (CBN) ordinance of 1958 (as amended from time to time) to serve as banker and foreign exchanged dealer principally to the federal government of Nigeria.
TABLE OF CONTENT
Title page
Approval page
Dedication
Acknowledgement
Abstract
CHAPTER ONE
INTRODUCTION
1.1 Background of the study
1.2 Statement of the problem
1.3 Purpose objective of the study
1.4 Significance of the study
1.5 Limitations of the study
CHAPTER TWO
REVIEW OF RELATED LITERATURE
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Sources of data (secondary sources only)
3.2 Location of data
3.3 Methods of data collection (literature work only)
ABSTRACT This research work analyzes the impact of public opinion on public policy in Nigeria from 2010-2012 while narrowing it down to the economic policy of deregulation or fuel subsidy removal of 2012. Broadly divided into five chapters, the work breaks down how governmental decisions are being influenced by the…
In a bid to make students academically trendy, we regularly compile an unending list of projects, seminars, papers and essay topics, to help students make the right choice in selecting topics for their works. It is always advisable that a Student chooses a specialized area of study that he is…
In "Academic"
Chika Akanoh
Chika Akanoh is a Content Marketer at Afribary. Always on ground to bring you latest project writing Tips, Scholarships, Competitions, Inspirational, Humour and Current affairs. For Project Materials in all fields, click on 'Library' above