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THE IN-DIRECT MONETARY CONTROL TOOLS IN NIGERIA: PROBLEMS A ND PROPECTS

ABSTRACT

This research work has been done to and designed to highlight the public on the indirect monetary control tools in Nigeria, and how far the government has gone with the implementation, administration and operation. This project work is meant to also give the public or the reader, an idea of the problems, associated with it and also the prospects that go along with it. The policy was introduced not too long ago, and so much has been experienced by the financial system, in relation to this. Also this work is directed to what constructs the indirect approach to monetary control. The principal instruments and modalities for it’s implementation in Nigeria, the pre-conditions and the challenges to the introduction of the new technique. Also the problems and prospects, the advantages and the disadvantages of these techniques are discussed in details. The researcher gave details of what is expected by the banks from this new policy and the successful implementation in order to achieve the desired goals towards the improvement of the macro-economic.

TABLE OF CONTENT

Title page- – – – – – – – – i

Approval page – – – – – – – -ii

Dedication – – – – – – – – -iii

Acknowledgement – – – – – – – -iv

Abstract – – – – – – – – – -v

Table of content – – – – – – – -vi

CHAPTER ONE

INTRODUCTION – – – – – – – -1

1.0 Background of the study – – – – -1

1.1 Statement of the problem – – – – -5

1.2 Purpose of the study – – – – – -6

1.3 Significance of the study – – – – -8

1.4 Research questions – – – – – -9

1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39

Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60

Conclusion – – – – – – – – -61

Recommendations – – – – – – – -62

Suggestions for further research – – – – -64

References – – – – – – – – -65

Appendix I – – – – — – – – -68

Questionnaire. – – – – – – – -69

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