Description
PROPOSAL
In undertaking this project topic, the main objective is to analyze the trends in Nigerian balance of payment with a view to determined whether the country is able to pay her wage internationally within periods of 1995 – 1999. Other objective is to determine whether the monetary and exchange rate policies is effective.
To aid this study, the researcher will make use of both primary and secondary data. The primary data to be used will be collected through top ranking officials in Central Bank of Nigeria (CBN) while the secondary data will be collected from books,, journal and other publication.
The data will be presented to tabular form for ease of reference and further analysis. The analysis will be made using percentage to compare the magnitude of economic indicator to be studied..
The significant of this research work is that it is a due to the managers of the economy on monetary and exchange rate policy in addressing Nigerian balance of payment problems.
To the foreign investors, it will provide the citizens of the country a better understanding of how the economy is managed and expectation they shall have from the government. The study will provide the authorities a good insight into the effectiveness of the policy of the past administration which will serve as a guide for future initiatives.
The limitation of this study is financial problem and time. Thus, there will be scarcity of accurate national statistic.
Also, unco-operative attitude by top ranking officials may contribute limitation to this study.
ABSTRACT
This study, an analysis of development in Nigerian balance of payment (1995 – 1999) was carried out to assertion whether Nigeria has been paying her wages internationally to examine the statement with a view to determine what recent developments have taken place in Nigerians foreign trade and others transaction with the rest of the world.
Information was collected using literary method i.e. various publications, textbooks newspapers, magazines and journals. Also, oral interviews were used to elicit information from some government officials (staff).
It was found out that the exports receipts were sufficient to pay for the imports and settle some international obligations that fell due within the period, the fact remains that the managers of the economy did not exercise a considerable amount of control over the foreign exchange resources.
It was however, recommended that if not for the debt management strategies pursued by government during that period, there would have been more years deficits in the balance of payment position over and above four years recommended.
TABLE OF CONTENT
Title Page
Approval Page
Dedication
Acknowledgement
Proposal
Table of Content
Abstract
CHAPTER ONE
1.0 Introduction
1.1 Background of the Study
1.2 Statement of Problem
1.3 Objective of the Study
1.4 Research Question
1.5 Research Hypothesis
1.6 Significance of the Study
1.7 Scope and Limitation of the Study
1.8 Definition of Terms
CHAPTER TWO
2.0 Review of Related Literature
2.1 Introduction
2.2 Overview of the Study
2.3 The theoretical frame work
2.4 Significance of Balance of Payment Statement
2.5 Causes of Disequilibrium in Balance of payment statement
2.6 Measures for Correcting Disquilibrium
2.7 Nigerian Balance of Payment – an overview
2.8 Summary of the Review Literature
CHAPTER THREE
3.0 Research Methodology
3.1 Research Design
3.2 Sources of Data
3.3 Primary Data
3.4 Secondary data
3.5 Interview Question
3.6 Samples used
3.7 Method of Investigation
CHAPTER FOUR
4.0 Data Presentation
4.1 Testing of Hypothesis
4.2 Analysis and Interpretation
CHAPTER FIVE
5.0 Discussion, Implications and
Recommendation
5.1 Discussion of Results
5.2 Recommendation
5.3 Conclusion
References/Bibliography
5.4 Appendixes:
Research questions