THE EFFECT OF EXCHANGE RATE FLUCTUATION ON IMPORTED GOODS IN NIGERIA (A CASE STUDY OF TOYOTA NIGERIA LIMITED, LAGOS

Chike Eze 100 PAGES (13307 WORDS) Marketing Project
Subscribe to access this work and thousands more

Abstract
The major aim of this research work is to know the effects of exchange rate fluctuation on imported goods in Nigeria. It also aimed at ascertaining the level of relationship between the depreciation value of naira and the pricing of imported goods in Nigeria. The fluctuating nature of exchange rate appears to be responsible for the exploitative pricing of imported goods in Nigeria. The objective of the researcher is to address the following; to know the reason of this upwards movement of the pricing of goods in Nigeria. To discover only Nigeria dependable on importation. To x-ray why there is stead rise in the price of imported goods, these issues were addressed through theoretical and empirical approach with help of secondary and primary data collection method, related literature were reviewed to ascertain what various authors have to say on the topic. The primary data was collected through questionnaires administered on the financial intuitions, importers and retailers of various imported goods in Lagos metropolis. The question is upward movement of the pricing of goods in Nigeria due to the exchange rate fluctuation. The researcher found out that the upward movement of the pricing of goods in Nigeria. The researcher made work tirelessly with its monetary agencies to fix the naira, for no country of the world leaves its currency afloat to the pros and cons of forces of demand and supply.

Table of contents

Title                                                 i
Approval                                             ii
Dedication                                        iii
Acknowledgment                                    iv
Table of contents                                    v
Abstract                                            ix

CHAPTER ONE

1.0     Introduction                                     1
1.1    Background of the study                            1
1.2    Statement of the problem                            8
1.3    Purpose of the study                                9
1.4    Significance of the study                            9
1.5    Research question                                10
1.6    Formation of hypothesis                             10
1.7    Scope of the study                                11
1.8    Definition of terms                                12

CHAPTER TWO

2.0    Literature review                                14
2.1    Introduction                                    14
2.2    Review of related literature                        19
2.3    Factors influencing the determination of exchange rate    22
2.4    Exchange rate policies in Nigeria from (1960-1998)        27
2.5    The period 1986-1994                            37
2.6    Some thoughts on the appropriate exchange rate regime for Nigeria                                        46
2.7    The policies government external trade and financial in Nigeria 55
2.8    Policies government external trade and finance before the introduction of SAP                                56
2.9    Nigeria’s trade and finance policies since the introduction of the SAP                                        64
2.10    Exchange rate fluctuations and the dollar problem, its effect on imported goods                                67
2.11    Dealing with the problem and volatile exchange rate changes-limitation of the floating exchanging rate system        70
2.12    Summary of the literature review                    72

CHAPTER THREE

3.0    Methodology                                    74
3.1    Introduction                                    74
3.2    Design of the study                                74
3.3    Area of the study                                 74
3.4    Population of the study                            75
3.5    Samples of the study                                75
3.6    Instrument of data collection                        76
3.7    Validation of the instrument                        77
3.8    Distribution and retrieval of the instrument            78
3.9    Method of data analysis                             78

CHAPTER FOUR

4.0    Data presentation                                 79
4.1    Test of hypothesis                                 82
4.2    Discussion of the findings                            85

CHAPTER FIVE
Summary Of Findings, Conclusion And Recommendations
5.1    Summary of the findings                            87
5.2    Conclusion                                    87
5.3    Recommendations                                88
5.4    Limitation of the study                            89
5.5    Suggestions for further research                    90
    References                                     91
Appendix A                                    92
Appendix B                                    93




Subscribe to access this work and thousands more
Save
Overall Rating

0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

Eze, C. (2018). THE EFFECT OF EXCHANGE RATE FLUCTUATION ON IMPORTED GOODS IN NIGERIA (A CASE STUDY OF TOYOTA NIGERIA LIMITED, LAGOS. Afribary. Retrieved from https://afribary.com/works/the-effect-of-exchange-rate-fluctuation-on-imported-goods-in-nigeria-a-case-study-of-toyota-nigeria-limited-lagos-4336

MLA 8th

Eze, Chike "THE EFFECT OF EXCHANGE RATE FLUCTUATION ON IMPORTED GOODS IN NIGERIA (A CASE STUDY OF TOYOTA NIGERIA LIMITED, LAGOS" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/the-effect-of-exchange-rate-fluctuation-on-imported-goods-in-nigeria-a-case-study-of-toyota-nigeria-limited-lagos-4336. Accessed 28 Mar. 2024.

MLA7

Eze, Chike . "THE EFFECT OF EXCHANGE RATE FLUCTUATION ON IMPORTED GOODS IN NIGERIA (A CASE STUDY OF TOYOTA NIGERIA LIMITED, LAGOS". Afribary, Afribary, 29 Jan. 2018. Web. 28 Mar. 2024. < https://afribary.com/works/the-effect-of-exchange-rate-fluctuation-on-imported-goods-in-nigeria-a-case-study-of-toyota-nigeria-limited-lagos-4336 >.

Chicago

Eze, Chike . "THE EFFECT OF EXCHANGE RATE FLUCTUATION ON IMPORTED GOODS IN NIGERIA (A CASE STUDY OF TOYOTA NIGERIA LIMITED, LAGOS" Afribary (2018). Accessed March 28, 2024. https://afribary.com/works/the-effect-of-exchange-rate-fluctuation-on-imported-goods-in-nigeria-a-case-study-of-toyota-nigeria-limited-lagos-4336